News

Last week, the Dallas Federal District Court ruled in favor of the plaintiff in a lawsuit that challenged the Texas Department of Housing and Community Affairs’ (TDHCA) allocation of low-income housing tax credits (LIHTCs) in the Dallas metropolitan area.

The Center for Budget and Policy Priorities (CBPP) recently released a report exploring the administration’s proposal to raise the minimum rent threshold for the lowest income Americans.

The Louisiana Housing Finance Agency (LHFA) has rescheduled its public hearing to address proposed changes to the 2013 Qualified Allocation Plan for administering the low-income housing tax credit.

The Community Development Financial Institution (CDFI) Fund recently posted a Q&A document that provides guidance on how Community Development Entities may serve certain low-income communities and targeted populations under the New Markets Tax Credit (NMTC) program.

U.S. Representative Steve Chabot (R-OH) earlier this month introduced a new piece of legislation that would implement structural changes to the Section 8 Housing Choice Voucher Program.

The Internal Revenue Service (IRS) today released its 2012 Calendar Year Resident Population Estimates.

HUD has issued a new notice establishing policies and procedures for the administration of the tenant-based Section 8 Housing Choice Voucher (HCV) rental assistance under the HUD-Veterans Affairs Supportive Housing (HUD-VASH) program administered by public housing agencies (PHAs) that partner with local Department of Veterans Affairs (VA) medical facilities.

The Rural Housing Service (RHS) recently announced it will hold a series of teleconference and/or web conference meetings regarding the U.S. Department of Agriculture (USDA) Section 538 Guaranteed Rural Rental Housing Program.

The U.S. House of Representatives Ways and Means Committee Chairman Dave Camp (R-MI) and Select Revenue Measures Subcommittee Chairman Pat Tiberi (R-OH) recently announced they will begin holding hearings on tax extenders in April.

The U.S. Senate Committee on Banking Housing and Urban Affairs Subcommittee on Housing, Transportation, and Community Development will hold a hearing on the Choice Neighborhoods Initiative entitled “The Choice Neighborhoods Initiative: A New Community Development Model” on Tuesday, March 27, 2012.

HUD will host two webcasts on Tuesday, March 27 to go over programs to assist with elderly housing.

HUD released an updated Multifamily Accelerated Processing (MAP) Guidebook on November 23, 2011 that includes revisions and updates to the original guidebook that was published August 22, 2011.