General News

QAP Florida

Florida Hosts Workshop for Preservation Applications

Florida Housing will hold a Preservation Request for Applications (RFA) workshop on October 7, 2015, beginning at 2:00 p.m., Eastern Time. The workshop will be held to solicit comments and suggestions from interested persons relative to Florida Housing’s proposed Request for Applications (RFA) 2015-111 offering an estimated $5,901,631 of Housing Credit financing for the Preservation […]

QAP California

California Issues NOFA for 2015 Drought Housing Relocation Assistance Program

CDHCD announces the availability of approximately $1 million in funding for the 2015 Drought Housing Relocation Assistance Program (DHRA). In response to the Governor’s declaration of a drought state of emergency via Executive Order B-29, dated April 1, 2015, HCD is providing temporary assistance for persons moving from their current residence, if it lacks reasonable […]

QAP Alabama

Alabama Holds Public Hearing on 2016 QAP and HOME Action Plan

Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the proposed 2016 HOME Action Plan and the Housing Credit Qualified Allocation Plan (Plans) for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing […]

HUD

HUD Answers FAQs on Multifamily Housing Utility Analysis

HUD released answers to frequently asked questions about a recent notice that outlines a new methodology for completing a multifamily housing utility allowance.

NH&RA News

Freddie Mac Offers Green Rebate for Multifamily Borrowers Who Provide Energy Star Score

Freddie Mac Multifamily is encouraging energy efficiency and affordability in apartment properties and strengthening the market for green investments by offering a Green Rebate to borrowers on qualified property loans who voluntarily provide an ENERGY STAR® score with their loan documents.

Massachusetts

MHIC Closes Financing for New 20-Unit Affordable Housing Project in Cambridge, Mass.

Massachusetts Housing Investment Corporation announced closing of a $3.6 million low-income housing tax credit investment for new construction of affordable rental housing in Cambridge, Mass.

NH&RA News

MassHousing Closes $15.6M in Financing to Preserve 72 Units of Affordable Housing

The Community Builders is using $15.6 million in MassHousing financing to renovate a property in Lincoln, MA, that includes 72 apartments that are affordable to lower-income families through the LIHTC program.

NH&RA News

HUD and Enterprise Prepare Multifamily Housing for Emergencies

HUD and Enterprise released the Ready to Respond: Disaster Staffing Toolkit, which guides affordable housing organizations through the process of building an emergency plan that ensures business continuity, engages residents, and protects properties.

Federal Housing Finance Agency

FHFA Establishes 2015-17 Housing Goals for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency is required to set annual housing goals for mortgages purchased by Freddie Mac and Fannie Mae. FHFA established the 2015-17 goals in a final rule.

HUD

HUD Offers Guidance On Renewing Expiring Section 8 HAP Contracts

HUD released a new Section 8 Renewal Policy Guide containing comprehensive guidance for renewing expiring Section 8 Housing Assistance Payment (HAP) contracts. The guide includes some policy changes, which will be effective for all renewal or amend rent packages received by the Department after November 5, 2015.

NH&RA News

Former Congressman, Judge Selected to Lead Preservation Action

Preservation Action announced it has retained Russ Carnahan and Debra Carnahan to lead the national non-profit advocacy group that focuses on strengthening historic preservation programs in Washington and around the country.

NH&RA News

New HUD Resources Help PHAs Calculate Public Housing Subsidies for RAD Conversions

HUD released two new files to assist public housing authorities to calculate and access the public housing subsidy that will be available to properties converted under the Rental Assistance Demonstration (RAD) program.

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