News

The U.S. Department of the Housing and Urban Development (HUD) is soliciting comments from the public regarding the FY 2012 Transformation Initiative for Research Grants related to the Choice Neighborhoods Demonstration’s Small Grants Research Program.

HUD recently announced that it is proposing new regulatory requirements under its HOME Investment Partnerships Program (HOME) that would re-write some of HOME’s compliance requirements.

California’s Tax Credit Allocation Committee (TCAC) has released its proposed 2011/2012 Tax Credit Program Schedule & Deadlines. Public hearings for proposed regulation changes will be held in December 2011.

The Alaska Housing Finance Corporation (AHFC) recently announced the formation of a subsidiary, the Corporation for Affordable Housing (CAH), which was created in order to provide additional development of public housing in the state of Alaska.

Arizona’s Department of Housing has scheduled a public hearing on November 16 to gather additional comments on the 2012 Qualified Allocation Plan.

The Arkansas Development Finance Authority (ADFA) has published the Final 2012 Housing Credit Program Qualified Allocation Plan (QAP).

The Community Development Financial Institutions (CDFI) Fund has made significant updates to its New Markets Tax Credit (NMTC) Compliance and Monitoring Frequently Asked Questions. The Fund has added and/or significantly modified nearly 26 questions.

The California Supreme Court announced this week that it will hear oral arguments in the California Redevelopment Assn. v. Matosantos (S194861) redevelopment case on November 10, 2011.

The Georgia Department of Community Affairs (DCA) Office of Affordable Housing (OAH) has released the proposed 2012 Qualified Allocation Plan (QAP).

The Ohio Housing Finance Agency (OHFA) has released a reminder about carryover allocations for projects that received an award of housing credits in 2010.

As you may already know, the affordable housing community suffered a tragic loss in early October with Nancy Andersen’s unexpected passing. Nancy was a great friend, colleague and respected partner during her years of service at MassHousing. Out of our deep respect for Nancy we have decided to adjust the Fall Developer Forum agenda to better accommodate our members who would like to attend her memorial service, which is also scheduled fon November 14 from 5:30 to 7:30 pm in Boston.

The US Senate Transportation-HUD Appropriations The US Senate Transportation-HUD Appropriations Subcommittee marked up and reported its FY 2012 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill on September 21. A summary released by the Committee reports the following funding decisions…