News
CTCAC to Hold a Public Meeting on July 26
The California Tax Credit Allocation Committee (CTCAC) will hold a public meeting on July 26 at 9:15 a.m. PT (901 P Street, Room 102, Sacramento, CA 95814) or via Microsoft Teams.
Montana Takes Action on Zoning Bills
The Montana legislature took comprehensive action this year on a suite of zoning bills that together will help facilitate the production of rental housing and prevent local governments in the state from adopting policies that create barriers to development.
City of LA Hosts Executive Directive Webinar on July 27
The Office of Mayor Karen Bass and the City of Los Angeles’ development departments announced an informational webinar to discuss Executive Directive No. 1 – “Expedition of Permits and Clearances for Temporary Shelters and Affordable Housing Types.” scheduled on July 27 at 1:00 p.m. ET
Oregon Approves $103.5 Million in LIFT Funding
The Oregon Housing Stability Council approved $103.5 million in Local Innovation Fast Track (LIFT) funding to go to 10 affordable housing developments across the state.
Kansas Housing Provides $154 Million for Affordable Housing Development
Kansas Housing (KH) announced that it will add a collective 522 affordable homes to their housing stock, thanks to funds awarded through the state’s competitive housing development application process.
Treasury Analysis Shows SLFRF Supported Nearly 2,500 Housing Projects
The U.S. Department of the Treasury recently released an analysis that examines how state, local, territorial and Tribal governments have used their allocated grants under the State and Local Fiscal Recovery Funds (SLFRF) Program.
FY 2024 Budget Process Underway
House and Senate Appropriations Committees are racing to pass Fiscal Year (FY) 2024 funding ahead of the August recess and September 30 fiscal year end.
GRRP Leading Edge Wave One – Applications Due in Two Weeks
The first application review period (wave) for the Green and Resilient Retrofit Program (GRRP) Leading Edge Awards will close in approximately two weeks at 11:59 PM ET on July 31, 2023.
Rhode Island Extends State Historic Credit Sunset through June 30, 2024
Rhode Island Governor Daniel McKee (D) recently signed H.B. 6016, which extends the sunset date of the state historic tax credit (HTC) to June 30, 2024 or until the maximum aggregate credits is exhausted.
New Mexico’s Enery$mart Multifamily Weatherization Assistance Program
New Mexico Mortgage Finance Authority announced their Energy$mart Multifamily Weatherization Assistance Program.
Fannie Mae Releases ESG 2022 Report
Fannie Mae released its second annual Environmental, Social and Governance (ESG) report, which highlights its efforts to help homeowners, buyers and renters; support the transition to greener buildings; and foster an engaged and inclusive workforce.
Applications for FHLBank of Pittsburg’s AHP, Voluntary Housing Grant Initiative Due Aug. 9
The 2023 funding round for the Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program (AHP) and voluntary housing grant initiative is now open with approximately $20.3 million in available funding for AHP and $8 million for the voluntary housing grant initiative.