General News
FEMA Announces New Assistance Program
The Federal Emergency Management Agency (FEMA) has announced the execution of an Interagency Agreement (IAA) between FEMA and the U.S. Department of Housing and Urban Development (HUD) to establish a grant program called “Disaster Housing Assistance Program (DHAP)- Ike” for Hurricanes Ike and Gustav.
HUD Restates Policies on Waivers During Transition
The U.S. Department of Housing and Urban Development (HUD) has issued a notice that reiterates its policies governing Departmental waiver of HUD regulations and directives during a period of Administration transition.
IRS Issues Rule on Conduit Financing Arrangements
The Internal Revenue Service has issued a proposed rule relating to conduit financing arrangements.
HUD Solicits Comments on Multifamily Reporting Template
The U.S. Department of Housing and Urban Development (HUD) is soliciting comments by January 21 on a proposed template it has developed to be used by HUD multifamily housing program participants to submit financial data electronically.
Banking Regulators Revise CRA Regulations
The four federal banking regulators on December 22 issued a joint final rule to amend their Community Reinvestment Act (CRA) regulations.
Kansas Publishes Updated 2009 Application, QAP
The Kansas Housing Resources Corporation has issued its revised application and qualified allocation plan (QAP) for its 2009 low-income housing tax credit program.
Governors Propose Agenda for Recovery Package
New York Gov. David Paterson and several other governors recently sent a letter to President-elect Obama and Vice President-elect Biden that proposes an agenda for federal aid to states to be included in any future comprehensive economic recovery package.