News

Senator Kirsten Gillibrand (D-NY) and Congresswoman Sylvia Garcia (D-TX) introduced S. 1904/H.R. 2763 that would bar HUD from enacting is proposed rule that would prohibit mixed immigration status families from living in HUD-assisted housing.

The Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) recently opened the FY 2019 funding round for the Capital Magnet Fund (CMF) with an anticipated $130.8 million available for awards.

On June 20, the Senate confirmed Hunter Kurtz as Assistant Secretary of Public and Indian Housing at HUD. The Senate also confirmed Seth Appleton as Assistant Secretary of Policy Development and Research (PD&R) at HUD.

Senate Finance Committee Ranking Member Ron Wyden (D-OR) and Senators Todd Young (R-IN) and Representatives Don Beyer (D-VA), Joe Neguse (D-CO) and Jackie Walorski (R-IN) introduced legislation to eliminate the Qualified Contract provision for new LIHTC properties.

On June 25, President Trump signed an Executive Order establishing the White House Council on Eliminating Barriers to Affordable Housing and named HUD Secretary Ben Carson as its Chairperson.

The ACTION Campaign steering committee, of which NH&RA is a member, sent a letter to the Senate Finance Committee Employment and Community Development Task Force. The Task Force is tasked with examining temporary tax incentives and members of the Task Force encouraged the ACTION Campaign to submit comments about the Affordable Housing Tax Credit. The […]

On Thursday, June 20 at 9:30 am EDT, the House Ways and Means Committee will markup The Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301), which would extend the New Markets Tax Credit (NMTC) through 2020. The NMTC will expire at the end of 2019 absent congressional action. The bill would also […]

The White House Office of Management and Budget (OMB) published a notice soliciting comments on changes to the Official Poverty Measure (OPM). The OPM is currently set by the U.S. Department of Agriculture based on the cost of food and subject to cost-of-living adjustments. This measure is used by the Department of Health and Human […]

The Michigan State Housing Development Authority posted Notices of Funding Availability (NOFAs) for its the HOME/Mortgage Resource Fund (MRF) Gap Financing Program and the National Housing Trust Fund (HTF) Gap Financing Program. For the HOME/MRF NOFA, $9 million in funding is available and applications are due Aug. 15, 2019. For the HTF NOFA, $4.8 million in funding is available and applications are due Oct. 15, 2019.

The cities of Jurupa Valley and Paramount recently got their plans approved from the California Department of Housing and Community Development along with the cities of Orange Cove, Clovis and Soledad. Forty-two jurisdictions have yet to earn approved housing plans.

The staff of the California Strategic Growth Council recommended over $402 million in awards for the Affordable Housing Sustainable Communities (AHSC) program. The recommendations will be considered at the Strategic Growth Council Meeting on June 21.

The National Low Income Housing Coalition and Public and Affordable Housing Research Corporation released an updated version of the National Housing Preservation Database for 2019. The database includes updated data on Section 515, Section 8, HOME, REAC and Section 202 direct loan usage across the country. In addition, LIHTC properties now have end dates to track […]