News

General News

THDA Posts 2023 Competitive Preliminary Ranking

The Tennessee Housing Development Agency (THDA) Multifamily Programs Division posted the 2023 Competitive Low-Income Housing Credit Preliminary Ranking to their website.

Minnesota

Minnesota Announces $50 Million for Stable Housing Organization Relief Program

Minnesota Housing announced the availability of up to $50 million in state appropriations for the Stable Housing Organization Relief Program (SHORP).

Kansas

KHRC Applies for Solar for All

The Kansas Housing Resources Corporation (KHRC) submitted a Notice of Intent to apply for the Solar for All opportunity through the U.S. EPA Greenhouse Gas Reduction Fund (GGRF).

General News

NLHA Insurance Survey

The National Leased Housing Association (NLHA) published a survey seeking responses from all owners of Section 8 Project-Based Rental Assistance/Project-Based Vouchers (including RAD), LIHTC, Section 202/811, HOME-assisted and naturally occurring affordable housing units.

QAP Oregon

Oregon Releases NOFA for 9 Percent LIHTC

Oregon Housing and Community Services (OHCS) announced the release of the nine percent LIHTC Notice of Funding Availability (NOFA).

IRS

Treasury Department and IRS Issue Proposed Regulations for Clean Energy Projects

The Treasury Department and Internal Revenue Service issued proposed regulations related to the increased tax credit or deduction amounts for clean energy facilities and projects, if taxpayers satisfy certain prevailing wage and registered apprenticeship (PWA) requirements.

General News

NLHA Releases Insurance Survey

The National Leased Housing Association (NLHA) published a survey seeking responses from all owners of Section 8 PBRA/PBVs (including RAD); tax credit; Section 202/811; HOME assisted and naturally occurring affordable housing.

HUD

HUD Awards $140 Million to Protect Families from Lead and Other Health and Safety Hazards

The U.S. Department of Housing and Urban Development (HUD) announced awards nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards.

Treasury

CDFI Fund Releases Summary Report and Data on NMTC Investments

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period.

General News

EPA Proposes Lead-Based Paint Rule for Federally Assisted Housing

The Environmental Protection Agency (EPA) published a proposed rule to significantly lower acceptable levels of lead-based paint (LBP) and make abatement protocols much more stringent for federally assisted properties built before 1978 that undergo renovation.

IRS

IRS Publishing Final Regulations, Application Process for ‘Adder’ ITCs for Solar, Wind at Low-Income Communities, Federally Subsidized Residential Buildings

The Internal Revenue Service (IRS) published final regulations for the “adder” investment tax credit (ITC) percentages for solar or wind facilities built in low-income communities or in connection with federally subsidized residential buildings.

NH&RA Submits Comments on NCSHA’s Proposed Revisions to Recommended Practices in Housing Credit Administration

NH&RA submitted comments to the National Council of State Housing Agencies’ (NCSHA) draft proposed revisions to its Recommended Practices in Housing Credit Administration (summary, red-line).

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