News

congress-capitol

LIHTC Receives Praise During Dr. Carson’s Confirmation Hearing

Dr. Ben Carson, the nominee for HUD Secretary, underwent a confirmation hearing before the Senate Committee on Banking, Housing, & Urban Affairs on January 12, 2017.

congress-capitol

NMTC Coalition Sign-On Letter Urges Congress to Preserve the Tax Credit

The New Markets Tax Credit Coalition is circulating a sign-on letter urging Congress to preserve the New Markets Tax Credit (NMTC) if tax reform moves forward. NH&RA has signed on and urges its members to do the same.

NH&RA News

Robinson & Cole Sustainability Practice Center Releases 2017 Green Tax Incentive Compendium

A downloadable PDF of the January 2017 Green Tax Incentive Compendium is available on the R+C Sustainability Practice Center LinkedIn website.

HUD

HUD Hosts 3rd Q&A Webinar on RAD Fair Housing, Civil Rights, and Relocation Notice

HUD asks that participants ask questions “live” during the webinar or send questions in advance.

congress-capitol

Dr. Carson’s Confirmation Hearing Scheduled for 1/12

The position would mark Dr. Carson’s first time holding political office.

congress-capitol

House Financial Services Announces Leadership Team

Look for Rep. Hensarling to continue efforts to replace Dodd-Frank with an alternative bill and make GSE reform a priority as well.

NH&RA News

2016 LIHTC QAP Analysis of Green Building Criteria Released

The Green Urbanism Program of Global Green USA has released its 2016 analysis of state Qualified Allocation Plans in regards to green building criteria. The study, which has been ongoing since 2005, identified trends in 2016, made recommendations, and gave ratings for each state QAP.

HUD

HUD Launches Capital Needs Assessment (CNA) e-Tool, Mandatory Use Begins 7/1

On December 30, HUD launched the CNA e-Tool, which effects all owners, lenders, and third-party due diligence providers participating in multifamily programs.

HUD

HUD Publishes FY-2017 Annual Adjustment Factors for Section 8

The U.S. Department of Housing and Urban Development has published Annual Adjustment Factors (AAFs) for 2017. AAFs are used to adjust contract rents for units assisted in certain Section 8 housing assistance payment programs during the initial term of the HAP contract.

HUD

Center on Budget and Policy Priorities Updates Nat’l, State Housing Fact Sheets

The comprehensive information reports on federal rental assistance nationally and by state, and reports on particular populations as well as compares rural and metropolitan areas.

HUD

RAD Fair Housing, Civil Rights, Relocation Notice Live Q&A Webinar 12/15

HUD strongly encourages you to ask your questions “live” during the webinar OR to submit your questions in advance of the webinar

IRS

IRS Issues Notice on QCTs; Revenue Ruling on Localities Failing to Approve Projects

Both the notice and ruling relate to fair housing concerns – regarding QCTs and local NIMBY issues.

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