News
New Report Shows Affordable Housing Stimulates Economy
The Center for Housing Policy recently published a report entitled “The Role of Affordable Housing in Creating Jobs & Stimulating Local Economic Development: A Review of the Literature.”
HUD Schedules AHS Users Conference
The inaugural Department of Housing and Urban Development American Housing Survey (AHS) Users Conference will be held on March 8, 2011.
CDFI Fund Releases Performance & Accountability Report for 2010
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund has announced the release of its FY-2010 Performance and Accountability Report.
President Obama Signs Law to Amend Section 202
On January 4 the President signed Public Law the Section 202 Supportive Housing for the Elderly Act of 2010 (P.L. 111-372).
HUD Releases 2011 National Preservation Award Application
The U.S. Department of Housing and Urban Development (HUD) has released the application, requirements, criteria and procedures for the 2011 National Preservation Award.
Tax Reform on House Committee’s Agenda
The U.S. House of Representatives’ Ways and Means Committee Chairman, Rep. Dave Camp (R-MI) recently announced that the committee will hold the first of several hearings on fundamental tax reform this Thursday,
CTCAC Releases 2011 Proposed Regulation Changes
The California Tax Credit Allocation Committee (CTCAC) recently released substantive regulation changes for 2011. In addition, CTCAC has released original proposed changes with comments and responses.
Mississippi Releases Final Approved Revisions to 2011 QAP
The Mississippi Home Corporation has published a list of final, approved revisions to the 2011 Qualified Allocation Plan for its low-income housing tax credit program.
Massachusetts Releases Draft Action Plan for 2011 CDBG, HOME Programs
The Massachusetts Department of Housing & Economic Development has released a draft version of its 2011 One Year Action Plan for CDGB, HOME, ESG & HOPWA Programs.
New Jersey Legislature Approves Bill To Abolish COAH; Veto Likely
Both houses of the New Jersey Legislature have approved legislation that would overhaul the state’s affordable housing system. Gov. Chris Christie has indicated that he would only sign the original version of the bill (S1), passed in June.
Oregon Exploring New 60 Year Affordability Period For Multifamily Programs; Seeks Feedback
Oregon Housing and Community Services Director Victor Merced recently issued a letter to its program partners that explores establishing a standards affordability period across OHCS programs.
Vermont Releases Redlined 2011 QAP
The Vermont Housing Finance Agency recently released a memo that outlines proposed changes to the state’s 2010-2011 Qualified Allocation Plan for the low-income housing tax credit program.