Providing housing and its resultant community benefits not just as an occupation, but as the means to sustaining the American dream, was the theme that ran throughout the emotional ceremony honoring Andrea Daskalakis and David Abromowitz as winners of NH&RA’s 2014 Affordable Housing Vision Awards for Career Achievement.
HUD recently published a draft rule in the Federal Register proposing to implement certain reforms to HUD’s Section 202 and Section 811 programs.
HUD Recently released Housing Notice H-2014-14 to provide guidance about policies and procedures for transferring all or a portion of any remaining budget authority of a project-based Section 8 Housing Assistance Payments (HAP) Contract to one or more contracts.
This week the California Tax Credit Allocation Committee (TCAC) and Other Agencies released the state’s long awaited California Affordable Housing Cost Study. Data was collected and analyzed from hundreds of multifamily projects completed between 2001-2011.
HUD recently released a Notice in the Federal Register announcing the final fiscal year (FY) 2015 Fair Market Rents (FMRs) for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Programs.
The ENERGY STAR Score for Multifamily Housing applies to buildings that contain 20 or more residential living units. The objective of the ENERGY STAR score is to provide a fair assessment of the energy performance of a property relative to its peers, taking into account the climate, weather, and business activities at the property. To […]
Rising utility rates create financial risk for owners and reduce affordability for tenants of multifamily properties. To combat this challenge and multifamily properties’ impact on the natural environment, the Fannie Mae Multifamily Mortgage Business (Fannie Mae) launched the Green Initiative. The mission of the Fannie Mae Multifamily Green Initiative is to enhance the quality, affordability, […]
Georgia Power’s Home Energy Improvement Program: Multifamily and Public Housing Authority Properties THE MULTIFAMILY WHOLE-HOUSE APPROACH–Maximum Potential Rebate: Up to $1,100 Per Unit THE MULTIFAMILY INDIVIDUAL IMPROVEMENTS APPROACH–Maximum Potential Rebate: Up to $350 Per Unit Annually Download
A key element in the development or acquisition of a low-income housing tax credit (LIHTC) property is the real estate appraisal.
HUD recently issued guidance about combining Section 8 Housing Assistance Payment (HAP) contracts that contain similar provisions and those that contain differing provisions for Multifamily Field Office Staff.
HUD recently released a Notice in the Federal Register announcing guidelines for Housing Credit Agencies (HCAs) to follow in implementing subsidy layering reviews in accordance with the Housing and Economic Recovery Act of 2008 (HERA).
HUD recently published a Notice in the Federal Register to release a new assessment tool for grantees to take advantage of when preparing Affirmatively Further Fair Housing (AFFH) plans.