News

Happy New Year! Both the House and Senate remain in recess this week. When they return next week, they’ll have just ten legislative days ahead of the first of two FY 2024 continuing resolution deadlines on January 19.

New Hampshire Housing announced a scheduled meeting with community stakeholders and partners who work to combat homelessness, create affordable housing and build community development.

The Kentucky Housing Corporation (KHC) Department for Local Government (DLG) published the application and policy document for the 2021 Community Development Block Grant Disaster Recovery (CDBG-DR) program for multifamily new construction activities.

Iowa announced that all applicants interested in participating in the Innovation Set-Aside during the 2025 allocation year must submit a pre-application through the LIHTC Online Application which includes a $500 application fee.

The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations regarding the Production Tax Credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code

The Kentucky Housing Corporation (KHC) announced that the Department for Local Government (DLG) published the application and policy document for the 2021 Community Development Block Grant Disaster Recovery (CDBG-DR) program for multifamily new construction activities.

HUD announced that it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP) Comprehensive and Elements categories.

The Advisory Council on Historic Preservation (ACHP), in partnership with HUD, recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation through the Secretary’s Award for Excellence in historic preservation.

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (The Enterprises) are each allowed to invest up to $1 billion annually (originally $850 million) in LIHTC equity beginning in 2024.

Representatives Emanuel Cleaver (D-MO) and Blaine Luetkemeyer (R-MO) introduced the bipartisan Rural Housing Service Reform Act (H.R. 6785). The measure would ensure that USDA Section 515 properties with maturing mortgages remain affordable by making it easier for nonprofits to acquire the properties and retain their rental assistance.

The Ohio Housing Finance Agency will hold its board meeting today, December 20 at 10:30 a.m. in the Roger McCauley Board Room at its office  – 2600 Corporate Exchange Drive, Columbus, OH 43231 – as well as virtually via GoToWebinar.

HUD is extending the deadline for applications for wave three of the Green and Resilient Retrofit Program (GRRP) Elements cohort from January 4 to March 28, 2024.