News

On June 25, the U.S. Department of Housing and Urban Development published a final rule making changes to the Section 8 tenant-based and project-based voucher programs made by the Housing and Economic Recovery Act of 2008.

Click Here to Download the Full White Paper There is a tremendous shortage of affordable multifamily rental housing in America today.

As innovative energy products and services come to market, so do new mechanisms to fund them. And existing funding options become more popular. This has resulted in a boom of finance jargon, especially regarding energy efficiency and renewable generation. Though many of the finance terms used in clean energy finance are similar to those used […]

HUD’s Office of Multifamily Housing recently announced a revision to Section F of Housing Notice H 2012-21 “Implementation of Tenant Participation Requirements” amending the current policy for tenant participation and the appeal procedures available to tenants or tenant organizations.

Ohio Housing Finance Agency Releases the Health Impact Assessment The Ohio Housing Finance Agency (OHFA) released the Health Impact Assessment, a report that examines the health implications of a proposed government policy to align affordable housing inspections.

The Internal Revenue Service (IRS) recently released Notice 2014-39 clarifying questions related to Section 1603 renewable energy cash grant recipients. The Notice provides that the Section 1603 Payment resulting from sequestration during the affected time period does not affect the amount of the Section 1603 Award or the basis of the specified energy property taken into account for purposes of determining the award.

QAP and Funding Deadlines

Through our work in the Green Retrofit Initiative we learned that there are many ways to improve the energy performance of a property, maximize the health of residents, and decrease safety hazards. In creating this guide we actively engaged three CDCs and their third-party property managers to comb through applicable green and healthy goals, the […]

The Senate Appropriations Committee recently approved its fiscal year (FY) 2015 Transportation-HUD spending bill by a measure of 29-1. The draft bill would provide $36 billion in discretionary spending for Housing and Urban Development programs, offsetting receipts estimated by CBO at $9.8 billion, which allows for program funding levels totaling $45.8 billion.

On Thursday, June 6 the Community Development Financial Institution (CDFI) Fund announced the calendar year 2013 New Markets Tax Credit (NMTC) allocations. A total of 310 Community Development Entities (CDEs) applied, requesting a total of approximately $25.9 billion in allocations.

On Thursday, May 29, Colorado Governor John Hickenlooper signed HB-1017 into law, renewing Colorado’s State Low Income Housing Tax Credit program. Sponsored by Representative Crisanta Duran and Senator Jessie Ulibarri, HB-1017 will create significant new resources to support the development of affordable rental housing across the state.

On May 23, President Obama announced significant cabinet position changes, including his nominations of Mayor Julián Castro of San Antonio to become the next Secretary of the Department of Housing and Urban Development (HUD) and current HUD Secretary Shaun Donovan to head the White House Office of Management and Budget (OMB).