News

The Pew Center on the States recently released a report entitled “Evidence Counts: Evaluating State Tax Incentives for Jobs and Growth” that found that while every state offers tax incentives to attract, retain, and expand businesses and jobs, no state ensures that policy makers rely on good evidence about whether these investments deliver a strong return.

The Washington State Housing Finance Commission (WSHFC) has released the state’s FY 2013 workshop schedule which includes tax credit compliance courses for advanced and beginner participants and a bond compliance course.

HUD’s Economic and Market Analysis Division has released Comprehensive Housing Market Analyses for College Station-Bryan, TX; Columbia, SC; Lancaster, PA; Manchester-Nashua, NH.

HUD published a notice in the Federal Register to announce the inflation factors that will be used to adjust FY 2012 Renewal Funding for the Tenant-Based Rental Assistance voucher program or Housing Choice Voucher (HCV) program.

The Ohio Housing Finance Agency (OHFA) has released a revised Utility Allowance Policies and Procedures document to include an energy consumption model.

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.