News

The California State Senate is set to vote on AB 1585, which would transfer balances in California’s recently dissolved redevelopment authority (RDA) low- and moderate-income housing funds to local housing agencies to be spent specifically for affordable housing.

HUD’s Economic and Market Analysis Division has released Comprehensive Housing Market Analyses for Fort Worth-Arlington, Texas; Houston, Texas; and Reading, Pennsylvania.

The Maryland Department of Housing and Community Development (MDHCD) is accepting comments on proposed guidelines for the new Rental Housing Works (RHW) program. RHW is funded at $17.5 million for FY 2013.

The U.S. Census Bureau recently released population estimates for metropolitan statistical areas and micropolitan statistical areas, the first population estimates to be released since the 2010 Census.

A new report entitled “Public Housing Transformation and Crime: Making the Case for Responsible Relocation,” published by the Urban Institute examines the relationship between public housing transformation and the instances of crime in neighborhoods where displaced residents move.

HUD’s Multifamily web team has launched new web portals for the Sections 202 and 811 programs.

The United States Senate Committee on Finance will hold a hearing entitled “Tax Reform: What It Means for State and Local Tax and Fiscal Policy” on Wednesday, April 25, 2012 at 10:00 am in the Dirksen Building.

The Community Development Financial Institution (CDFI) Fund posted the industry comments submitted in response to the agency’s request for public comments regarding the New Markets Tax Credit (NMTC) program.

The California Tax Credit Allocation Committee (CTCAC) has made available detailed guidance for sustainable building method software, submission, documentation, and qualification requirements.

Governor Cuomo has appointed William Mulrow as Chairman of New York’s housing agencies, including the State Housing Finance Agency (HFA) and the State of New York Mortgage Agency (SONYMA).

The Urban Institute recently published a paper entitled “Demographic Challenges and Opportunities for U.S. Housing Markets” that explores the key trends and challenges within the housing market for seniors and echo boomers, or young adults.

The Pennsylvania State Senate recently passed a bill, SB 1150, that would create a State historic tax credit program.