News

Conference Materials Now Available for NH&RA’s 2013 Spring Developers Forum

NH&RA hosted nearly 150 professionals at the 2013 Spring Developers Forum May 7-8 in Marina del Rey, CA. All conference materials, Power Point presentations, relevant articles, reports, memos, etc. are available for review.

Senate Finance Committee Releases Tax Reform Option Report, LIHTC, NMTC and HTC Options Included

The Senate Finance Committee has released a tax reform option paper about economic and community development provisions. The document is the sixth in a series of papers compiling tax reform options that Finance Committee members may wish to consider as they work towards reforming our nation’s tax system.

FHFA Reports on Fannie, Freddie Multifamily Business

The Federal Housing Finance Agency (FHFA) recently released reports detailing the activity of the Government Sponsored Enterprises (GSEs) Fannie Me and Freddie Mac’s multifamily businesses.

HUD, DOJ Issue Guidance on Fair Housing Act Multifamily Design and Construction Requirements

The Departments of Justice (DOJ) and Housing and Urban Development (HUD) have released new guidance on design and construction requirements under the Fair Housing Act.

FHA Updates Multifamily Statutory Limits

In accordance with Section 206A of the National Housing Act, HUD has adjusted the Basic Statutory Mortgage Limits for Multifamily Housing Programs for Calendar Year 2013. Effective Date: January 1, 2013.

IRS, Treasury to Issue Guidance on Historic Credit Safe Harbor

The Internal Revenue Service and Treasury Department recently announced that it will soon issue a safe harbor revenue procedure for historic rehabilitation tax credit (HTC) transactions.

Novogradac Releases Report Detailing Effects of Tax Reform on LIHTC Equity

NH&RA member firm, Novogradac & Company, recently released a report entitled “Affordable Rental Housing after Tax Reform” which details the effect corporate tax reform could have on the equity raised from Low-Income Housing Tax Credits (LIHTC).

Kentucky Releases Final Draft of the 2014 Multifamily Finance Guidelines

Kentucky Housing Corporation (KHC) recently released the final draft of its 2014 Multifamily Finance Guidelines, which governs the competitive funding process for several federal and state resources to enable the development and rehabilitation of safe, affordable housing.