News

The Arizona Housing Commission (AHC) and Arizona Department of Housing (ADOH) have established a special task force to solicit feedback from the Arizona development community about ways to improve the LIHTC program.

HUD’s Office of Multifamily Housing Programs has published a Notice of Funding Availability (NOFA) for the Section 811 Project Rental Assistance Demonstration Program (PRA Demo).

The Virginia Housing Development Authority is in the process of establishing cost limits for the 2013 LIHTC allocation cycle.

NH&RA and its Legislative Leadership and HOPE VI/Mixed-Finance Committees were pleased to submit comments to HUD on its Rental Assistance Demonstration implementation strategy laid out in Notice PIH 2012-18.

Ohio Housing Finance Agency (OHFA) has released the materials that were distributed during the 2013 Qualified Allocation Plan (QAP) Focus Groups on May 8 and 9. Materials are available here. OHFA is seeking further public comment on the topics discussed during the focus groups.

A new report released by the Government Accountability Office (GAO) finds that data on the overall impact of the CDBG and HOME Programs are limited because, among other things, such an evaluation would have to compare neighborhoods that received program assistance with those that did not.

HUD has published a proposed rule in the May 15 Federal Register that would make conforming changes to the regulations of the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher programs.

HUD has released its U.S. Housing Market Conditions 1st Quarter 2012 Preview.

A new study conducted by NCAHMA member Vogt Santer Insights assesses and provides recommendations for increasing the availability of affordable housing in the Appalachian region of Ohio.

On May 14, HUD published Housing Notice 2012-10, entitled “Guidelines for Assumption, Subordination, or Assignment of Mark-to-Market (M2M) Loans in Transfer of Physical Assets (TPA) and Refinance Transactions.”

The National Affordable Housing Management Association (NAHMA) has released its Affordable 100 list, which accounts for the largest affordable multifamily property management companies, ranked by total affordable units.

Representative Ed Towns (D-NY) recently introduced legislation (HR 5718) in the U.S. House of Representatives to amend Section 45D of the Internal Revenue Code of 1986 to revise the New Markets Tax Credit (NMTC) Program and the rules related to population census tracts with low-income populations.