News

The Joint Center for Housing Studies of Harvard University published its annual America’s Rental Housing report.

The U.S. Department of Energy (DOE) recently announced that the first group of states (California, Hawaii, New Mexico and New York) applied to its Home Energy Rebates program.

HUD has awarded just over $295 million during the first four of the 12 GRRP funding rounds.

Speaker Mike Johnson (R-LA) is considering putting H.R. 7024, Tax Relief for American Families and Workers Act of 2024 on the House floor for a vote this week under suspension of the rules.

HUD Recap is hosting a listening session on January 24 at 12:00 p.m. ET. The facilitated listening session is part of the Closing and Post-Closing team’s ongoing process evaluation efforts.

Last week, Congress avoided a shutdown by continuing FY 2024 appropriations to March 1 and 8.

NH&RA joined a letter to the three bank regulators (Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and Board of Governors of the Federal Reserve System) urging a lower risk for LIHTC properties under the capital rule amendments applicable to large banking organizations and banking organizations with significant trading activity, or Basel III Endgame.

Last week, the House Ways and Means Committee approved the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) with a 40 – 3 vote.

The Novogradac Journal of Tax Credits Historic Rehabilitation Awards honor outstanding achievements in the rehabilitation of historic properties by recognizing development teams for excellence in the creative use of the Historic Tax Credit.

Kentucky Housing Corporation (KHC) will host a second virtual developer forum from 2 to 4 p.m. ET on Tuesday, January 30 to solicit feedback for the development of the 2025-2026 Qualified Allocation Plan and scoring criteria.

The Florida Housing Finance Corporation (FHFC) Board of Directors meeting is scheduled for March 26.

New Hampshire’s House of Representatives introduced H.B. 1470, which would establish a committee to study the feasibility of a State LIHTC, which the state currently does not utilize.