News

California

CTCAC and Other Agencies Release CA Affordable Housing Cost Study

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

HUD Publishes Final FY 2015 FMRs

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.

ENERGY STAR Score for Multifamily Housing in the United States

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 […]

TRANSFORMING MULTIFAMILY HOUSING: FANNIE MAE’S GREEN INITIATIVE AND ENERGY STAR® FOR MULTIFAMILY

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

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

HUD

TCA Teaser: The Real Estate Appraisal An Essential Building Block in LIHTC Development

A key element in the development or acquisition of a low-income housing tax credit (LIHTC) property is the real estate appraisal.

HUD

HUD Issues Guidance on Combining Section 8 HAP Contracts

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

HUD Releases New Subsidy Layering Review Guidelines

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

HUD Releases Fair Housing Assessment Tool for Public Comment

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.

Alabama

State News Week of September 29: California Governor Jerry Brown Vetoes NMTC and HTC Legislation

On September 29, California Governor Jerry Brown vetoed A.B. 1399, a bill to create a state new markets tax credit (NMTC), and A.B. 1999, to create a state historic rehabilitation tax credit (HTC).

Increasing Energy Efficiency in Small Multifamily Properties in the Northeast

Residential multifamily properties represent not only a significant share of the housing stock in the region, but a significant opportunity to capture energy efficiency savings through cost-effective retrofit measures. The ability to attain these savings has never been more vital, as state policymakers throughout the Northeast and Mid-Atlantic regions of the United States are setting […]

City of Atlanta Department of Watershed Management Multifamily Toilet Rebate Program Application

Department of Watershed Management Multifamily Toilet Rebate Program Application. Rebates are limited to multifamily property owners and/or management companies whose properties are City of Atlanta water customers. Download

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