News

On September 14, 2018, the President declared Hurricane Florence a major disaster. As of September 17, 2018, the Federal Emergency Management Agency (FEMA) designated eight North Carolina counties as major disaster areas. Review the list of eligible counties here: fema.gov/disaster/4393. The guidance in Revenue Procedures 2014-49 (Tax Credit) and 2014-50 (4% Tax Exempt Bond) apply […]

OHCS is pleased to announce the launch of an effort to end Veterans experiencing homelessness in Oregon. Through “Operation Welcome Home” OHCS will utilize Veterans lottery funds to provide technical assistance (TA) for up to ten communities across Oregon to support their efforts to house as many Veterans experiencing homelessness as possible over six months, […]

California’s landmark housing package–packed with 15 game-changing new laws–was signed by Governor Brown one year ago. How is California a different place one year later? Homelessness relief funding from Senate Bill 2, our permanent source for affordable housing is exceeding projections. Developments are coming to market faster through streamlined approvals, thanks to Senate Bill 35. HCD is […]

The Family Self-Sufficiency program was re-authorized on May 24, 2018 as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act.

On September 19, 2018 USDA Rural Development Administrator Joel Baxley issued an Unnumbered Letter to provide guidance to State Rural Development Directors on reallocating Rental Assistance (RA) units currently held in the Administrator’s reserve back to the State in which the units originated and allow States to use RA when properties are paid in full henceforth.

On September 24, Energy Efficiency for All (EEFA), published “Making Affordable Multifamily Housing More Energy Efficient: A Guide to Healthier Upgrade Materials.”

On September 26 California Governor Jerry Brown (D-CA), signed into law Assembly Bill 2162, a measure that would fast-track housing for the homeless by bypassing some of the local approval hurdles.

Fannie Mae announced today a new Call for Ideas on Healthy Affordable Housing. The application period is open from September 26, 2018 through November 1, 2018.

The Harvard Joint Center for Housing Studies has published the new working paper “Measuring Housing Affordability: Assessing the 30 Percent of Income Standard.”

Representative Mark Meadows (R-NC) has introduced H.R. 6890, the Creating Advancement and Personal Improvement in Targeted American Localities (CAPITAL) Act of 2018.

HUD has announced it will be extending its Multifamily risk-sharing initiative with the Federal Financing Bank (FFB) for eligible Housing Finance Agencies (HFAs) through December 31, 2018. The initiative was originally scheduled to cease accepting new applications for commitments from HFAs on September 30, 2018, but will now accept new applications for commitments under this […]

On September 25, 2018 Sen. Elizabeth Warren (D-Mass.), introduced the American Housing and Economic Mobility Act of 2018 which would dramatically expand funding for the for affordable housing. The measure aims to use federal funding as  leverage to build up to 3.2 million new housing units for lower-income and middle-class families – bringing down rents […]