News

The Pennsylvania Housing Finance Agency (PHFA) has provided clarification on utility allowances for 2012 Multifamily Housing Program applicants. The notice does not change the application, rather provides further guidance on acceptable utility allowance submissions.

On August 5, 2011, Oregon Governor John Kitzhaber signed into law the Oregon Low Income Community Jobs Initiative, which created a matching state tax credit to the federal New Markets Tax Credit (NMTC).

The Housing Assistance Council, in partnership with The Atlantic Philanthropies announced a new grant program, the Rural Senior Housing (RSH) Fund. Eligible affordable housing organizations are invited to apply for RSH grants to support activities that will build, preserve, or advocate for housing for low-income older adults living in rural areas.

Environmental Data Resources Inc. has launched a new online mapping tool called the Environmental Issues Report (EIR) that shows “environmental issues” within a one-mile radius of an address.

PowerPoint presentations from the Affordable Housing Underwriting Forum & NCAHMA Annual Meeting are now available for download.

HUD’s Economic and Market Analysis Division has prepared Comprehensive Housing Market Analyses for the Burlington-South Burlington, Vermont and Orlando-Kissimmee-Sanford, Florida market areas.

The U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R), in partnership with the Office of Native American Programs (ONAP), has just launched a new effort to support and increase sustainable construction in Native communities.

Sen. Ben Cardin (D-MD) has introduced S. 1575, the Energy-Efficient Cool Roof Jobs Act. The legislation provides economic incentives to upgrade and modernize commercial roofs by reducing the depreciation schedule for commercial roof retrofits.

The California Supreme Court recent denied the California Redevelopment Association’s (CRA) request for a modified stay that would have allowed redevelopment agencies that agreed to make remittance payments under the alternative redevelopment program to initiate new activities or obligations.

HUD has published its quarterly notice of all regulatory waivers that the Department has approved for the Office of Community Planning and Development, the Office of Housing, and the Office of Public and Indian Housing. The notice contains all regulatory waivers granted during the period of April 1, 2011 through June 30, 2011.

The Illinois Housing Development Authority (IHDA) released the draft 2012 Qualified Allocation Plan (QAP) that details changes made to the previous year’s plan.

The New York State Homes & Community Renewal (HCR) agency announced 35 award recipients for the State’s competitive Unified Funding (UF) awards program that leverages $78 million in low-interest loans and tax credits to build and preserve over 2,200 units of affordable housing. This unique State program combines the funding rounds of three major development programs that aim to increase the availability of quality affordable housing.