News

California’s Tax Credit Allocation Committee has scheduled a series of eight low-income housing tax credit compliance workshops for affordable housing owners and management companies.

California Governor Jerry Brown recently submitted his proposed budget for 2011 12 to the state’s legislature. His proposed budget would make significant changes to economic development activities in California, including eliminating redevelopment agencies and enterprise zones by July 1.

The U.S. Department of Housing and Urban Development has issued Notice H 2011-01, which announces that owners with Project-Based Section 8 Rental Assistance Contracts or Section 202 or 811 Project Rental Assistance Contracts must obtain Dun and Bradstreet Numbering System (DUNS) numbers and register in the Central Contractor Registration (CCR) within 60 days of the notice’s publication or January 5, 2011.

The U.S. Department of Housing and Urban Development (HUD) has issued a survey to measure the rate at which different types of new rental apartments and new condominium apartments are absorbed over the course of the first twelve months following completion of a building.

The Arizona Department of Housing has scheduled an all day LIHTC Application & Compliance workshop on January 20 in Phoenix, AZ.

The U.S. Green Building Council has opened the public comment period for the next update to the LEED rating system.

On December 15, 2010 the Ohio Housing Finance Agency (OHFA) issued guidelines for its Housing Investment Fund (HIF). Proposals for HIF projects are due March 24, 2011.

The National Commission on Fiscal Responsibility and Reform has released a draft proposal to reduce the federal debt and overhaul the tax code.

The research symposium in PD&R’s newest issue of Cityscape: A Journal of Policy Development and Research (Volume 12, Number 3) examines perspectives and approaches to brownfield issues.

After two years of meetings and study, Boston Mayor Tom Menino’s PILOT Task Force has released its final report recommending more consistent monetary contributions from the city’s tax-exempt non-profit institutions.

Wisconsin Governor Scott Walker recently named the members of his cabinet, including Wyman Wynston as the new Executive Director of WHEDA, the state housing finance agency.

The Nevada Division of Housing recently issued a notice to multifamily housing developers that identifies one clarification and one change to the 2011 Qualified Allocation Plan for Low-Income Housing Tax Credits, adopted on December 7, 2010.