News

With a government shutdown four days away, Congress is moving into crisis mode as both sides seek to strike a deal.

Last week, HUD published its annual list of areas that qualify as Qualified Census Tracts (QCTs) or Difficult Development Areas (DDAs) for LIHTC purposes.

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits (NMTC) today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 102 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year […]

Last week, the HUD awarded $25 million to 157 public housing agencies (PHAs) experiencing or at risk of experiencing financial shortfalls.

Los Angeles Community College District (LACCD) announced their commitment to develop affordable housing for its students and workforce by issuing an RFI/RFQ to partner with interested parties, including public agencies and private entities.

The Pennsylvania Housing Finance Agency (PHFA) released their 2024 Qualified Allocation Plan, which was approved by the Board on September 14.

HUD awarded approximately $18 million in grant funding and loan commitments under the Green and Resilient Retrofit Program (GRRP) to owners of properties participating in HUD-Assisted Multifamily Housing programs.

HUD is delaying the National Standards for the Physical Inspection of Real Estate (NSPIRE) compliance date for Community Planning and Development (CPD) programs through Oct. 1, 2024.

Congress is likely on track to trigger a government shutdown on Oct. 1, 2023, with little hope of passing the 12 appropriations bills before the start of the new fiscal year and a standoff in the House Republican Caucus around a short-term continuing resolution.

Oregon Housing and Community services will host a pre-development meeting for the Affordable Rental Housing (ARH) Redesign and Resource Engagement on September 14 from 10 a.m. to noon PT.

The House returned this week following August recess and both chambers are racing to meet the September 30 appropriations deadline.

Last week, HUD announced that they updated Fair Market Rents (FMRs) for Fiscal Year (FY) 2024 and released an additional $113 million in Housing Choice Vouchers to public housing agencies to help 9,500 families to meet these growing costs.