News
HUD Releases Revised Income Limits
The U.S. Department of Housing and Urban Development (HUD) today released revised fiscal year (FY) 2011 income limits for certain areas.
Oregon Legislature Passes Economic Development Tax Credit
Oregon’s state legislature recently passed a bill (SB 817) that creates a matching state tax credit to the federal New Markets Tax Credit to further “incentivize” economic development targeted to hard-hit areas.
New Jersey Abolishes Council on Affordable Housing
After more than a year of deliberating, New Jersey Governor Chris Christie has announced that the state is abolishing its Council on Affordable Housing, which previously enforced the state’s affordable housing obligations.
Pennsylvania Seeks Comments on 2012 QAP
In anticipation of issuing the draft 2012 Low Income Housing Tax Credit Allocation Plan, the Pennsylvania Housing Finance Agency is seeking input from its housing partners on the proposed plan.
HUD Schedules Choice Neigbhorhoods Listening Session
HUD is soliciting input on how to improve the Choice Neighborhoods Implementation Grant NOFA at the Choice Neighborhoods Listening Session in DC from 2:30 ““ 4:30pm on Friday, July 15.
New York’s Tenant Protections Continue Despite Expiration of Law
New York State Homes and Community Renewal (HCR) Commissioner Darryl Towns recently notified New Yorkers that protections will continue for tenants in rent regulated housing while the state legislature negotiates, despite the expiration of the state’s rent protection law on June 24, 2011.
CDFI Fund Seeks Public Comment on CDFI Bond Guarantee Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting comments regarding the design, implementation, and administration of the CDFI Bond Guarantee Program.
Hit the Links with NH&RA!
NH&RA is pleased to announce that we have added another recreational activity in conjunction with our upcoming 2011 Summer Institute (July 20-24 in Edgartown, MA) ““ our 2011 Summer Golf Outing.
Nevada Requires Use of Novoco’s Income & Rent Calculator
The Nevada Housing Division now requires all LIHTC properties (including TCAP / 1602) to refer to the NOVOCO web site and utilize their income and rent calculator.
Appraisal Foundation, DOE Announce Partnership to Assess Energy Performance
U.S. Energy Secretary Steven Chu recently announced a partnership with The Appraisal Foundation that will help expand access to energy efficiency and building performance information for commercial buildings.
CDFI Fund Releases Electronic Application for NMTCs
The Community Development Financial Institutions (CDFI) Fund has released the electronic application for the 2011 round of the New Markets Tax Credit (NMTC) program, which applicants can access through their myCDFIFund accounts.
New York Announces Expansion of Rent Regulations
Governor Andrew M. Cuomo recently announced passage of the greatest expansion of New York rent regulations in 40 years.