General News
Nominations Open for 23rd Annual Charles L. Edson Tax Credit Excellence Awards
Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in seven categories, the Edson Awards bring together Members of Congress and industry participants to celebrate developments at the forefront of creating strong, healthier communities in urban, suburban, and rural areas nationwide.
Bill Introduced to Make Permanent New Markets Tax Credit
Reps. Pat Tiberi (R-OH), and Richard Neal (D-MA) introduced the legislation on Feb. 15, 2017
How Would Tax Reform Affect HTC Investors’ GAAP Financials?
In his article, Mike Novogradac predicts the implications of potential tax reform on generally accepted accounting principles for the Historic Tax Credit – and how those implications differ from the LIHTC.
LIHTC Receives Praise During Dr. Carson’s Confirmation Hearing
Dr. Ben Carson, the nominee for HUD Secretary, underwent a confirmation hearing before the Senate Committee on Banking, Housing, & Urban Affairs on January 12, 2017.
Robinson & Cole Sustainability Practice Center Releases 2017 Green Tax Incentive Compendium
A downloadable PDF of the January 2017 Green Tax Incentive Compendium is available on the R+C Sustainability Practice Center LinkedIn website.
House Financial Services Announces Leadership Team
Look for Rep. Hensarling to continue efforts to replace Dodd-Frank with an alternative bill and make GSE reform a priority as well.
2016 LIHTC QAP Analysis of Green Building Criteria Released
The Green Urbanism Program of Global Green USA has released its 2016 analysis of state Qualified Allocation Plans in regards to green building criteria. The study, which has been ongoing since 2005, identified trends in 2016, made recommendations, and gave ratings for each state QAP.
Center on Budget and Policy Priorities Updates Nat’l, State Housing Fact Sheets
The comprehensive information reports on federal rental assistance nationally and by state, and reports on particular populations as well as compares rural and metropolitan areas.
Extended Short-Term CR Likely, Leaves Questions for HUD Funding
Another Continuing Resolution would allow legislators to negotiate a year long FY-2017 spending bill with President-Elect Trump rather than with President Obama.
NH&RA Encourages Members to Join Sign-On Letter in Support of LIHTC, Signatures Due Dec. 2
The ACTION Campaign has drafted a letter to the Trump Administration and Congress voicing support for the Low-Income Housing Tax Credit. As an ACTION Member, NH&RA is proud to be a signatory of the letter and we urge all our members and partners to sign-on as well.
Trulia Study: LIHTC Properties Have No Impact on Nearby Home Values
The study looks at the 20 least affordable housing markets in the United States during a ten year window from 1996 to 2006.
Novogradac Posts Free Online DDA / QCT Mapping Tool
Novogradac & Company LLP has posted a free online mapping tool that allows users to search and browse DDAs and QCTs for 2017 and to see year-to-year changes. The full story, as well as access to the mapping tool, are available on Novogradac’s website.