News

The Michigan State Historic Preservation Office is in the process of developing the state’s next five-year historic preservation plan.

Historic preservation transactions in Wisconsin received a great boost when Wisconsin Governor Scott Walker last month signed Assembly Bill (AB) 4 into law, which allows for an increase in the amount tax credits for the substantial rehabilitation of historic buildings.

As many of the Section 236 mortgages in HUD’s portfolio reach maturity within the next few years, the agency has begun reaching out to owners to try to discourage them from opting out of the program at the mortgage maturity date. HUD believes that opting out of the program would entice owners to significantly raise rents at these 236 properties, impacting many low-income tenants who currently reside there.

Jolene Kline was recently Appointed Executive Director of North Dakota Housing Finance Agency (NDHFA). Jolene has served as the interim executive director since the retirement of Mike Anderson in May. She has been with NDHFA since 19and was in 2006 was selected as the first director of NDHFA’s planning and housing development division, which is charged with helping communities address housing shortages and unmet needs.

Texas Department of Housing and Community Affairs (TDHCA) released the Draft 2014 State of Texas’ Low Income Housing Plan and Annual Report which serves as a comprehensive reference on statewide housing needs, housing resources, and strategies for funding allocations.

Massachusetts Department of Housing & Community Development (DHDC) released the 2014 Draft QAP.

Kentucky Housing Corporation (KHC) has been working on a new initiative known as KHC 20/20. KHC 20/20 is the strategic plan and remodeling of KHC leadership with overall goals of creating a more streamlined, efficient program and generating new housing products to strengthen the network of partnerships.

The U.S. House of Representatives and U.S. Senate recently reached an agreement on the Continuing Appropriations Resolution of 2014 (H J Res 59), setting top-line spending for fiscal year (FY) 2014 at $1.012 trillion, and $1.014 trillion for FY 2015.

Minnesota Housing is now accepting applications for Round 2 of the 2014 Housing Tax Credit Program…

The Iowa Finance Authority will begin accepting online applications for Rental (without tax credits (LIHTC)), Homebuyer Subrecipient assistance and Tenant-Based Rental Assistance (TBRA) under the HOME program. 

Montana Board of Housing (MBOH) released the 2015 Draft Montana Qualified Allocation Plan (QAP). MBOH will host a webinar public hearing on January 8, 2014 at 9:00 am to discuss the proposed changes.

CDFI Fund launched the next version of its CDFI Information Mapping System (CIMS3).