News

The Texas Department of Housing and Community Affairs (TDHCA) is seeking public comment and holding a series of roundtables to gather input from affordable housing stakeholders so TDHCA may develop a competitive application to HUD for the Section 811 Project Rental Assistance (PRA) Demonstration Program.

The North Dakota Legislature recently set a $15 million maximum threshold to the North Dakota Housing Finance Agency’s (NDHFA) Housing Incentives Fund (HIF), which is capitalized by contributions from state income and financial institution taxpayers in order to develop affordable multifamily housing.

The Texas Department of Housing and Community Affairs (TDHCA) has issued a notice stating that Private Activity Bonds applicants are now required to submit a Pre-Inducement Questionnaire prior to submitting the bond pre-application.

Representative McKinley (R-WV) on June 8 introduced the “Preserving America’s Downtowns and Heritage Act of 2012″ (HR 5930) which would amend Section 47(a) of the Internal Revenue Code of 1986 to boost rates for the historic rehabilitation tax credit (HTC) and the non-historic rehab tax credits.

The Preservation League of New York State has developed a series of commercial tax credit case studies to illustrate the positive impact of the New York State Rehabilitation Tax Credits.

HUD’s Economic and Market Analysis Division regularly publishes Comprehensive Housing Market Analysis reports for regions across the country.

The Federal Housing Finance Agency (FHFA) recently issued Notice RIN 2590″“AA49 in the Federal Register to request comments on a proposed rule to amend and extend the Agency’s existing housing goals for 2012, 2013 and 2014 with respect to Fannie Mae and Freddie Mac.

The CDFI Fund is soliciting comments from the public concerning the New Markets Tax Credit Allocation Tracking System.

Harvard’s Joint Center for Housing Studies has released a new report entitled, “The State of the Nation’s Housing 2012″ that evaluates the nation’s housing markets, demographic drivers & trends, and ongoing housing challenges.

HUD, the Department of Agriculture Rural Development (USDA-RD) and the Community Development Financial Institutions Fund (CDFI Fund) recently the “Border Community Capital Initiative” (Border Initiative), a collaboration designed to increase access to capital in the U.S./Mexico border region which includes some of the poorest communities in the country.

A new report posted to the HUD User website entitled “Disability Variables in the American Housing Survey (AHS)” examines the six questions added to the AHS in the 2009 survey which were taken from the American Community Survey (ACS).

The Alaska Housing Finance Corporation (AHFC) Public Housing Division has announced it will no longer offer preferences on rental housing application. The largest driver affecting the change is a statewide economy that has more families in need of public housing for longer periods of time.