News
Louisiana Releases Timeline for 2011 LIHTCs
The Louisiana Housing Finance Agency (LHFA) has announced its tentative timeline of 2011 low-income housing tax credit reservations for competitive applications
Louisiana Announces Plan for Remaining TCAP Allocations
The Louisiana Housing Finance Agency (LHFA) recently released a memo that describes how it will award its remaining Tax Credit Assistance Program (TCAP) funds.
Florida Housing Releases Draft White Paper on Jobs Created by LIHTC
Florida Housing Finance Corporation (FHFC) recently released a draft white paper that examines the jobs created by the construction and/or preservation of low-income housing tax credit (LIHTC) developments.
Congresswoman Waters Reintroduces Choice Neighborhoods Initiative Legislation
Congresswoman Maxine Waters (D-Calif.) has reintroduced her Choice Neighborhoods Initiative (CNI) authorizing legislation from the 111th Congress.
HUD Names New England Regional Administrator
President Obama has named Barbara Fields as the New England regional administrator for HUD.
House Passes FY-2011 Appropriations Continuing Resolution
After four days of debate on the House floor, the U.S. House of Representatives passed a comprehensive 2011 spending bill (HR 1) that would trim more than $60 billion off the government’s budget. The U. S. Senate majority Democrats remain at odds with the Republican controlled House of Representatives over the spending bill and are seeking much more modest spending cuts. President Obama has vowed to veto the measure if it reaches his desk in its current form. The current continuing resolution expires on March 4.
RFP: Market Study/Feasibility Study For Neighborhood in North Detroit
Client seeking qualified consultants to respond to an RFP to prepare a market analysis/feasibility study in a neighborhood in North Detroit.
IRS Issues Guidelines on Taxability of TCAP Grants
The IRS Office of the Chief Counsel has issued a new memorandum (#201106008) addressing the taxability of Tax Credit Assistance Program (TCAP) grants.
California Announces LIHTC Set Aside Estimates
California Tax Credit Allocation Committee has issued a notice announcing 2011 estimates for its annual tax credit set asides and geographic apportionments.
HUD Issues Notice on Deferral of Flexible Subsidy Loans
HUD has issued a new Housing Notice (11-05) that allows for the deferral of flexible subsidy loans.
HUD Launches New Evidence-Based Policy Publication
In an effort to promote a new generation of data-driven and evidence-based policy making, U.S. Housing and Urban Development Secretary Shaun Donovan today unveiled a new quarterly publication intended to inform housing and community development advocates, state and local policymakers, Congress and researchers on new approaches to issues related to housing and community development.
HUD Submits Report to Congress on Moving to Work
The U.S. Department of Housing and Urban Development has released it’s to Congress entitled, “Moving to Work: Interim Policy Applications and the Future of the Demonstration.”