News
Senate Schedules Hearing On Tax Reform
United States Senate Committee on Finance has scheduled a hearing on December 2, entitled “Tax Reform: Historical Trends in Income and Revenue.”
Report Recommends Reducing Missouri’s Historic Tax Credit
The Missouri Tax Credit Review Commission sent its final report on Missouri’s tax credit programs to Governor Jay Nixon, recommending that the state historic tax credit program’s annual cap be reduced from $140 million to $75 million per year beginning in 2011.
Senators Urge Extension of 1603 Program
A bipartisan group of 26 senators yesterday sent a letter to Senate Majority Leader Harry Reid, Minority Leader Mitch McConnell, Finance Committee Chairman Max Baucus and Finance Committee Ranking Member Charles Grassley urging a two-year extension of the Section 1603 Payments for Specified Energy Property in Lieu of Tax Credits Program during the lame-duck session.
HUD Solicits Comments on 2011 Rental Housing Finance Survey
The U.S. Department of Housing and Urban Development (HUD) recently published a notice in the November 19 Federal Register soliciting public comments on its 2011 Rental Housing Finance Survey.
California Announces Tenant Income Data Requirements
The California Tax Credit Allocation Committee (CTCAC) has announced a policy change related to the U.S. Housing and Urban Development’s tenant income collection (TIC) initiative.
HUD Launches Economic & Housing Data Website
The U.S. Department of Housing and Urban Development recently launched a new website that consolidates a wide variety of economic and housing market data using data from the Census Bureau, Labor Department, State and Local governments and housing industry sources.
HUD Releases Quality Control Report for FY 2009 Rental Subsidy
The U.S. Department of Housing and Urban Development’s HUD USER website recently released its final Quality Control for Rental Assistance Subsidy Determinations report for FY 2009.
HUD Releases Preview of Housing Data for 3rd Quarter 2010
HUD has released its Preview of Data for U.S. Housing Market Conditions 3rd Quarter 2010.
Harvard Joint Center For Housing Studies Issues New Report on LIHTC
The Joint Center For Housing Studies of Harvard University has issued a new policy brief, “Long-Term Low Income Housing Tax Credit policy Questions.”
President Obama Nominates New Director of FHFA
President Barack Obama will nominate North Carolina Banking Commissioner Joseph A. Smith Jr. to be the new director of the Federal Housing Finance Agency (FHFA).
EPA/DOE Seek Applications For 2011 ENERGY STAR Awards
Each year, the US Environmental Protection Agency (EPA) and the US Department of Energy (DOE) honor organizations that have made outstanding contributions to protecting the environment through energy efficiency.
CBO Issues Cost Estimate Of Choice Neighborhoods Legislation
The Congressional Budget Office has released its cost estimate for the Public Housing Reinvestment and Tenant Protection Act of 2010 (H.R. 5814).