News

HUD

HUD, HHS Unveil Health-Focused Housing Efforts

The Biden-Harris administration released a new resource to help take action to address homelessness, The U.S. Playbook to Address Social Determinants of Health.

HUD

HUD Streamlines Enrollment Process for Affordable Connectivity Program

HUD announced a new data-sharing agreement with the Federal Communications Commission (FCC) to support access to the Affordable Connectivity Program (ACP) by reducing barriers to enrollment.

General News

CDFI Fund Releases Updated FAQ Document for NMTC Compliance

The Community Development Financial Institutions (CDFI) Fund released an updated frequently asked questions (FAQ) document concerning compliance for the New Markets Tax Credit (NMTC) incentive.

Pennsylvania

Pennsylvania Announces Reminder to Submit 9 Percent Applications

The Pennsylvania Housing Finance Agency (PHFA) announced a reminder to submit the full nine percent application by Jan. 11, 2024 at 5:00 p.m. ET in both hard copy and electronic format.

congress-capitol

Year End Legislative Update; Advocacy Needed on Tax Bill

There are 47 days between now and the end of the year and only two days until the government runs out of funding under the current continuing resolution (CR).

IRS

IRS Increases 2024 LIHTC and PAB Per Capita Rates, Minimums

In Revenue Procedure 2023-2024 the Internal Revenue Service (IRS) increased the 2024 nine percent LIHTC ceiling to the greater of $2.90 multiplied by the state population or $3,360,000.

HUD

HUD Publishes Build America, Buy America Guidance

HUD’s Office of Community Planning and Development (CPD) issued Notice CPD-23-12 providing implementation guidance for Build America, Buy America (BABA) domestic sourcing requirements for CPD programs, including the HOME Investment Partnerships program and Housing Trust Fund.

General News

DOT Holds Webinars on Transit-Oriented Development

The U.S. Department of Transportation (DOT) is hosting a series of webinars for audiences interested in the potential use of the Railroad Rehabilitation and Improvement Financing (RRIF) and Transportation Infrastructure Finance and Innovation Act (TIFIA) programs to finance transit-oriented development (TOD) projects, including commercial-to-residential conversions.

General News

Apply for 2024 ACHP/HUD Excellence in Historic Preservation Award

HUD and the Advisory Council on Historic Preservation (ACHP) announced that interested parties can apply for the 2024 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation award.

Federal Housing Finance Agency

FHFA Announces 2024 Multifamily Loan Purchase Caps

The Federal Housing Finance Agency (FHFA) announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) are $70 billion for each Enterprise, for a combined total of $140 billion to support the multifamily housing market.

Kentucky

Kentucky Seeks Comments on Action Plan

The Kentucky Department for Local Government (DLG) is seeking input from communities affected by the flooding from July 2022.

Oregon

Oregon Announces Request for Applications to Modular Housing Development Fund

Oregon Housing and Community Services (Affordable Rental Housing Division) announced an open Request for Applications (RFA) for the Modular Housing Development Fund (MHDF).

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