General News
NH&RA Members Top AHF’s List of Largest Affordable Housing Developers
Over half the list is comprised of NH&RA members, with seven members in the top ten.
President Signs Omnibus Legislation into Law, 10% Increase for HUD, LIHTC Improvements
On March 23, President Trump signed into law the 2018 omnibus spending bill (HR 1625). Bill language was released late Wednesday night and the House of Representatives and Senate subsequently passed the bill on Thursday. The news of passage comes shortly after President Trump threatened via Twitter to veto the bill on Friday morning. The […]
NCSHA Publishes Q&A Document on Income Averaging
The document answers technical questions about income averaging, makes recommendations for how states can implement income averaging, and identifies issues states should consider.
AHTCC Extends Submission Deadline Until 3/28 at 11:59pm for Edson Tax Credit Excellence Awards
The deadline for submissions for the 2018 Charles L. Edson Tax Credit Excellence Awards program is being extended to Wednesday, March 28, 2018 by 11:59 p.m. EST.
U.S. Experiences 7.2 Million Affordable and Available Rental Unit Shortage
The National Low Income Housing Coalition released today its report The Gap: A Shortage of Affordable Homes, which finds a shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) renter households, those with incomes at or below the poverty level or 30% of their area median income.
NCSHA Appoints Stockton Williams Executive Director
Williams currently serves at the Urban Land Institute as Executive Vice President of Content and Executive Director of the Terwilliger Center for Housing. His appointment is effective April 2.
Webinars Available for CORES and Fannie Mae Enhanced Resident Services Initiative
Presented by Stewards of Affordable Housing for the Future (SAHF) and Fannie Mae Enhanced Resident Services is the next stage of Fannie Mae’s Healthy Housing Rewards initiative, which aims to advance the development of sustainable communities and the availability of affordable housing by encouraging affordable multifamily borrowers to implement healthy design features and resident services […]
HUD Publishes Small Area FMR Implementation Guidance
January 17, 2018, HUD published notice PIH 2018-01 (HA) providing instructions on implementing Small Area FMRs as well as other changes to FMRs, payment standards, and rent reasonableness analyses that apply to all PHAs with the Housing Choice Voucher (HCV) program. Small Area FMRs are FMRs that are calculated at the zip code level instead of […]
Leaked White House Infrastructure Document Proposes Changes to Private Activity Bonds
Earlier this week, several news agencies reported on a leaked infrastructure plan from the White House. One of President Trump’s campaign promises was to create a program to invest $1 trillion in infrastructure over ten years. Housing advocates may be disappointed to learn that affordable housing is not specifically mentioned in the leaked document. However, […]
Robinson+Cole Releases 2018 Green Tax Incentive Compendium
Robinson+Cole’s Jerome Garciano has released the January 2018 version of his green tax incentive compendium, which includes recent changes from the 2017 Tax Cut and Jobs Act. This volume presents certain federal and state tax incentives promoting the renewable energy and energy efficiency industries. Each section outlines the basic features and regulatory requirements for a […]
NCSHA Publishes Final Recommended Best Practices in Housing Credit Administration
The report is significant in that states will generally respond to the best practices through policy changes in their QAPs.
NCSHA Names Garth Rieman Interim Executive Director
Former executive director Barbara J. Thompson stepped down on December 31 after 30 years with NCSHA, serving the last 16 years in the role of executive director.