News

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.

HUD’s Office of Policy Development & Research has released its latest Best Practices Report for the High Point Community Revitalization in Seattle, Washington.

The Alaska Housing Finance Corporation (AHFC) is soliciting comments for proposed Qualified Contract process applicable to Low-Income Housing Tax Credit (LIHTC) property owners who have not waived their right to resale for their LIHTC properties.

The Treasury Department has released a sample Combined Application for the Section 1603 cash grant exchange program for energy property on which construction began in 2009, 2010, or 2011.

The California Tax Credit Allocation Committee (TCAC) has announced that it will hold forums throughout the state to discuss its proposal to update the underlying data and corresponding percentages of the competitive nine percent geographic apportionments, effective in 2013.

NH&RA / NCAHMA is pleased to offer the Power Point Presentations from our recent FHA MAP Market Study & Underwriting Symposium and Affordable Housing Underwriting & Policy Forum, which was held March 28-30 in Washington, DC.

The U.S. Census Bureau recently released its report of housing vacancy survey statistics for 2011. The statistics provide vacancy rates and characteristics of units available for occupancy at the national level, as well as for regions, states and the 75 largest metropolitan areas.

The Illinois State Senate recently passed S.B. 2886, a bill that would allow project sponsors to transfer tax credits earned from the restoration and preservation of qualified historic structures located in River Edge Redevelopment Zones (RERZ).