News

The Arizona Department of Housing (ADOH) has issued a reminder to 2012 LIHTC applicants that certain materials must be submitted no later than May 1, 2012 at 4:00 pm.

The Texas Department of Housing and Community Affairs (TDHCA) has posted the following documents related to the 2012 Competitive Housing Tax Credit Program funding round.

A new report released by the Government Accountability Office (GAO) indicates that several factors including rising rents, declining household incomes, and decisions to expand the number of assisted households were key drivers of the approximately 29 percent increase (before inflation) in housing agencies’ expenditures for the Housing Choice Voucher (HCV) program between 2003 and 2010.

HUD today published a Notice in the Federal Register designating the Qualified Census Tracts (QCTs) for the LIHTC program.

The Connecticut Housing Finance Authority (CHFA) recently announced Eric Chatman to succeed Susan Whetstome as President and Executive Director of the agency, effective May 21.

The House of Representatives Financial Services Committee will hold a full committee markup session on the draft Affordable Housing and Self-Sufficiency Improvement Act of 2012 (AHSSIA) legislation on Wednesday April 18 at 10:00 am in the Rayburn Building.

Ohio State Senators Bill Beagle (R-Tipp City) and Charleta Tavares (D-Columbus) recently introduced S.B. 327 which would raise the program’s annual cap from $10 million to $50 million, which is expected to spur an additional $500 million in local investment.

HUD has issued a summary of the public comments received on the agency’s draft environmental justice strategy released in September 2011, the agency’s response to those comments and the final document.

The Iowa House of Representatives recently passed a bill, HF 2460, that would reform the state’s controversial tax incremented financing (TIF) program.

HUD has published a notice in today’s Federal Register announcing the FY-2012 Annual Adjustment Factors (AFF) for adjustment of contract rents for owners participating in the Section 8 housing assistance payment programs.

Richard F. Burns, CEO of The NHP Foundation, authors an article about the state of the multifamily affordable housing sector.

HUD recently released a proposed rule, Docket No. FR-5444-P-01, which proposes to establish regulations for lender and underwriter eligibility for participation within the Multifamily Accelerated Processing (MAP) program and rules for the Federal Housing Administration’s (FHA) process for approving MAP lenders and underwriters.