News

On May 23, HUD has issued three separate but related notices in the Federal Register indefinitely suspending the implementation of the 2015 Affirmatively Furthering Fair Housing (AFFH) rule and removing its Assessment of Fair Housing (AFH) tool for local governments. This was achieved by withdrawing the Local Government Assessment Tool developed by HUD for use by local […]

The CDFI Fund recently released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2018 round.

The Capital Needs Assessment (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.

This interactive, web-based tool identifies over 800 local rental and homeownership inclusionary housing programs nationwide and includes data on state-level legislation and judicial decisions that are related to the adoption of local inclusionary housing policies.

Rep. Carlos Curbelo (R-FL) is circulating a ‘Dear Colleague’ letter asking his House colleagues to cosponsor the Affordable Housing Credit Improvement Act (H.R. 1661), bipartisan legislation that would strengthen the Low-Income Housing Tax Credit.

The House has put off a vote on President Trump’s proposed rescission request, which recently passed legal muster under a Government Accountability Office study (only $134 million, all from the Transportation Department, was decided as improper to impound of the total $15.2 billion). House Majority Leader Kevin McCarthy (R-CA) stated the reason is simply an […]

Innovation: Voice-Connected Communities Request for Applications | Application Link | Application Deadline: May 31, 2018 AARP Foundation is requesting applications from eligible organizations to develop and implement a project using voice-assisted technology. The purpose of this grant is to inform AARP Foundation’s strategy related to voice-assisted technology. Through this mini-grant, we seek to extend AARP Foundation’s on-going project […]

In his 5/2/18 column for National Mortgage News, “Vote to confirm Trump’s FHA commissioner has been delayed too long,” NH&RA President and CEO Peter Bell says that despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery’s nomination as Federal […]

Jorjani will serve as ACHP’s first full-time chairman, as the position changed from part-time to full-time with the enactment of the National Park Service Centennial Act in December of 2016.

The National Park Service released is annual report, Federal Tax Incentives for Rehabilitating Historic Buildings, which examines the 2017 fiscal year.

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.

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.