News
GAO Releases LIHTC Report – Opportunities to Improve Oversight
The U.S. Government Accountability Office (GAO) issued a report that recommends additional oversight on the LIHTC program.
Ohio HFA Board Meeting – Today at 10:30 a.m.
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.
ACTION Campaign Released Updated Fact Sheets
The ACTION Campaign updated their national, state and district fact sheets highlighting the newest data on the Housing Credit and its impact in communities across the nation.
Rural Housing Serve Reform Act Introduced in the House
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.
HUD Releases 2023 Annual Homeless Assessment Report
HUD released its 2023 Annual Homeless Assessment Report: Part 1: Point-in-Time Estimates, which estimates the number of individuals in shelters, temporary housing and in unsheltered settings through Point-in-Time (PIT) counts.
Naxalone Resources for HUD-Assisted Properties
HUD, the Department of Health and Human Services and the White House Office of National Drug Control Policy urge HUD grantees to proactively engage with public health and other community organizations to combat the opioid crisis and keep their communities safe.
HUD Notice Eliminates Assurance of Completion on a Section 223(f) with New LIHTC
A new Mortgagee Letter (2023-24) eliminates the ten percent assurance of completion to be added to the Escrow Agreement for Deferred Repairs for 223(f) projects with LIHTC
Congress Introduces Workforce Housing Tax Credit Act
Senators Ron Wyden (D-OR) and Dan Sullivan (R-AK) and Representatives Jimmy Panetta (D-CA) and Mike Carey (R-OH) introduced the Workforce Housing Tax Credit Act (S. 3436 and H.R. 6686).
HUD Launches Free Energy and Water Benchmarking Service for HUD-Assisted Multifamily Properties
HUD is making its Energy and Water Benchmarking Service available for properties participating in its Multifamily project-based rental assistance programs.
OHFA Announces NSPIRE Training
The Ohio Housing Finance Agency (OHFA) and Ohio Capital Corporation for Housing (OCCH) are sponsoring an in-person National Standards for the Physical Inspections of Real Estate (NSPIRE) training provided by US Consultants.
FHFC Announces Release of Q&A for SAIL Funding RFA
The Florida Housing Finance Corporation (FHFC) announced the release of the questions and answers document regarding Request for Application RFA 2023-213 SAIL Funding for Live Local Mixed Income, Mixed-Use, And Urban Infill Developments is posted to the RFA Webpage.
CDFI NMTC Deadline Reminder
The deadline for online submission of the NMTC Allocation Application through the CDFI Fund’s Awards Management Information System (AMIS) is before 5:00 p.m. ET, December 19.