News

New York City Mayor Michael Bloomberg has named Mathew Wambua as the new commissioner of the city’s Department of Housing Preservation and Development (DHPD).

The Internal Revenue Service (IRS) last week released an updated version of its “Guide for Completing Form 8823: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.”

HUD recent published the following notice on its website announcing the first awards of Choice Neighborhoods Initiative grants.

Today the White House released its FY-2011 Budget Proposal.

The Department of the Treasury’s FY-2012 Budget Proposal included two major changes to the low-income housing tax credit. The changes if enacted with create a basis boost for certain bond transactions and encourage owners to create more mixed-income housing.

New York’s Independent Democratic Conference (IDC) last week called for the reinstatement of New York’s Historic Rehabilitation Tax Credit (HRTC) program and released a report promoting the benefits of the HRTC entitled “Investing in our Upstate Economy: The Historic Rehabilitation Tax Credit.”

The U.S. Department of Housing and Urban Development (HUD) today invited public comments on a proposed information collection for the Choice Neighborhoods Initiative, a program that aims to revitalize severely distressed assisted housing and improve access to public services.

The Office of the Comptroller of the Currency (OCC) has released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 15, 2011 through February 14, 2011 and invited public comments on its information collection related to CRA.

As part of NCAHMA’s ongoing service to its membership, we have compiled the following summary report of NCAHMA’s recent committee activity.

Louisiana Housing Finance Agency will hold a public hearing to obtain public comments on the proposed 2011 Weatherization Assistance Program (WAP) annual grant application.

The Department of Energy (DOE) has scheduled a series of webinars through its Technical Assistance Program.

President Obama last week signed into law the sixth continuing resolution (H.J. Res. 48) for the fiscal year 2011 federal budget.