News

Federal Housing Finance Agency

FHFA Final Rule Suggests Potential for GSEs to Resume Investing in LIHTC

Should the Enterprises ever be permitted to invest in LIHTCs, the investments in rural areas would be eligible to receive Duty to Serve credit.

congress-capitol

Rep. Frelinghuysen Elected as Chair of House Appropriations Committee

Frelinghuysen is a moderate Republican from New Jersey who has been serving as a U.S. Congressman since 1995.

Department of Energy

Department of Energy Releases Best Practices Guide for Residential PACE Finance Programs

These programs allow state and local governments to extend the use of land-secured financing to fund energy efficiency, renewable energy, and water conservation improvements on private property.

HUD

HUD Updates Chapter 9 of Sec. 8 Renewal Policy Guide for Appraisers and Reviewers

This chapter provides technical guidance to appraisers and reviewers. The updated policies will go into effect for rent comparability studies signed by the appraiser on or after March 1, 2017.

HUD

HUD’s PD&R Publishes Reports on Detroit, Chicago, Fort Worth and Others

54 location-based analyses have been published in 2016 representing areas across the country.

Treasury

Mnuchin Proposes Housing Market Changes With Mixed Response

President-Elect Trump’s designated Treasury Secretary Steven Mnuchin has proposed capping the Mortgage Interest Rate Deduction as well as reforming Fannie Mae and Freddie Mac in a recent CNBC interview.

HUD

President-Elect Trump Nominates Ben Carson as HUD Secretary

If confirmed as HUD Secretary, the cabinet position will mark Dr. Carson’s first time holding political office.

HUD

Extended Short-Term CR Likely, Leaves Questions for HUD Funding

Another Continuing Resolution would allow legislators to negotiate a year long FY-2017 spending bill with President-Elect Trump rather than with President Obama.

NH&RA News

NH&RA Encourages Members to Join Sign-On Letter in Support of LIHTC, Signatures Due Dec. 2

The ACTION Campaign has drafted a letter to the Trump Administration and Congress voicing support for the Low-Income Housing Tax Credit. As an ACTION Member, NH&RA is proud to be a signatory of the letter and we urge all our members and partners to sign-on as well.

NH&RA News

Trulia Study: LIHTC Properties Have No Impact on Nearby Home Values

The study looks at the 20 least affordable housing markets in the United States during a ten year window from 1996 to 2006.

HUD

RAD Resource Desk Offers First Component Data

HUD has recently published accessible data to the RAD Resource Desk website.

NH&RA News

Novogradac Posts Free Online DDA / QCT Mapping Tool

Novogradac & Company LLP has posted a free online mapping tool that allows users to search and browse DDAs and QCTs for 2017 and to see year-to-year changes. The full story, as well as access to the mapping tool, are available on Novogradac’s website.

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