News
NPS Publishes 2017 Historic Tax Credit Annual Report, $5.8 Billion Private Investment
The National Park Service released is annual report, Federal Tax Incentives for Rehabilitating Historic Buildings, which examines the 2017 fiscal year.
HUD Issues Memo Regarding RAD Delayed Submissions of Draft Closing Packages
Now, if a closing package is not received within two months of the date of HUD executing the RCC, the transaction will be placed in “Delayed Submission” status.
IRS Releases FAQ on Opportunity Zones, Taxpayers Will Self-Certify to Become Qualified Opportunity Fund
The document specifies that eligible taxpayers will self-certify to become a Qualified Opportunity Fund by filling out a form to attach to the taxpayer’s federal income tax return for the taxable year.
Secretary Carson Proposes Rent Increases, Work Requirements for HUD Programs
The proposed legislation would amend the Public Housing program as well as Section 8 Rental Assistance programs (Tenant-Based Rental Assistance/Housing Choice Vouchers (including project-based vouchers) and Project-Based Rental Assistance.
Woda Cooper Companies Creates LEED Certified, Affordable Housing for Seniors
Wheatland Crossing Senior Apartments has been applauded for creating a new affordable senior housing option in The Hilltop neighborhood of Columbus, OH. Wheatland Crossing, developed late last year by The Woda Group, Inc., has also recently earned LEED Platinum certification, the highest certification awarded by the US Green Building Council.
NH&RA Members Top AHF’s List of Largest Affordable Housing Developers
Over half the list is comprised of NH&RA members, with seven members in the top ten.
Joel Baxley Appointed as New Rural Housing Service Administrator
On April 19, USDA Secretary Sonny Perdue announced his appointment of Joel Baxley to the Administrator position. Mr. Baxley will report directly to Anne Hazlett, Assistant to the Secretary for Rural Development.
HUD Training for RAD Conversions
The Office of Multifamily Housing’s Recapitalization division invites you to join us for a RAD conference on May 17-18. While the conference is open to all, the content will be particularly geared towards preparing PHAs who are new participants in RAD to execute on well-planned and efficient conversions that best address local needs and priorities. […]
RAD 2018 Closing Timelines and New Mod Rehab Contract Materials Released
An update from HUD’s Office of Recapitalization.
President Signs Omnibus Legislation into Law, 10% Increase for HUD, LIHTC Improvements
On March 23, President Trump signed into law the 2018 omnibus spending bill (HR 1625). Bill language was released late Wednesday night and the House of Representatives and Senate subsequently passed the bill on Thursday. The news of passage comes shortly after President Trump threatened via Twitter to veto the bill on Friday morning. The […]
HUD Opens Registrations for CNA e-Tool Virtual Classroom Training
The CNA e-Tool Virtual Classroom Curriculum is designed to provide small groups of participants a chance to learn about and discuss aspects of the Assessment Tool and the Submission Portal.
Call to Action: Encourage Your Senator to Join Sign-On Letter Requesting $12.2 Billion for HUDs Project-Based Rental Assistance
Senators Jeff Merkley (D-OR) and Bob Menendez (D-NJ) invite their colleagues to sign on to their “Dear Colleague” support letter requesting $12.2 billion in funding for HUD’s project-based rental assistance. Please encourage your senators to sign this letter.