News
HUD Publishes Regulatory Request Waivers
HUD has published its list of regulatory request waivers granted for the fourth quarter of calendar year 2010.
Florida Senate Panel Would Divert Affordable Housing Funds
A proposal that would permanently divert at least $194 million annually in real estate-related taxes from Florida’s affordable housing program to general state spending won approval Friday from the Senate Budget Committee.
AHTCC Publishes Informational Low Income Housing Tax Credit Piece
AHTCC has prepared an educational brochure intended to inform elected officials about the benefits of the Housing Credit program:
National Low Income Housing Coalition Releases Rental Housing Data By Congressional District
National Low Income Housing Coalition has provided on its website new data to provide snapshots of housing needs in each congressional district and state.
Kansas Cancels Second Funding Round
The Kansas Housing Resources Corporation recently posted an announcement on its website that the second round for 2011 Housing Tax Credit applications scheduled for August is canceled due to heavy demand and a shortage of credit availability in the 2011 first round.
Hawaii Proposes Amendment to HOME Action Plan
The Hawaii Housing Finance and Development Corporation (HHFDC) has proposed an amendment to the state’s 5-year action plan for administering HUD’s HOME Investment Partnerships (HOME) program.
Delaware LIHTC Applications Due April 15
Delaware State Housing Authority (DSHA) is currently offering approximately $2.1 million in federal housing tax credits to affordable rental housing developers.
HUD Requests Comments on HOPE VI NOFA
The U.S. Department of Housing and Urban Development is requesting public comment on its proposed 2011 HOPE VI notice of funding availability (NOFA) and information collection.
Senators Introduces GO Zone Placed Service Extension
Senators Mary Landrieu (D-La.), David Vitter (R-La.), William Thad Cochran (R-Miss.) and Richard Shelby (R-Ala.) have introduced an amendment (Sen. Amendment 258) to S. 493 that would extend the placed in service date for low-income housing tax credit properties in the GO Zone until January 1, 2013.
HUD Grants 30-Day Blanket REAC Extension
HUD’s Office of Asset Management has approved a blanket 30-day extension for Financial Assessment of Multifamily Housing (FASS-MF) Multi-Family owners with a fiscal year ending 12/31/10.
Obama Names Acting FHA Commissioner
Bob Ryan, HUD’s Chief Risk Officer has been named as acting FHA Commissioner.
Amendment Introduced to Extend GO Zone Placed-in-Service Date
U.S. Senator Mary Landrieu (D-LA) introduced on March 29 an amendment to S. 493 that would extend the placed in service date for low-income housing tax credit (LIHTC) properties in the Gulf Opportunity (GO) Zones. S.Amdt. 258 would extend the placed in service date for LIHTC properties until January 1, 2013.