News

The U.S. Senate failed to clear a critical procedural hurdle on a new compromise version of HR 4213, the American Jobs and Closing Tax Loopholes Act of 2010 (Tax Extenders Legislation) on June 24. It is unclear when the measure will be taken up again. The current version of the measure includes a number of key tax credit provisions…

Following up on a meeting held earlier in June with representatives from Obama Administration’s Domestic Policy Council, Council For Environmental Quality and Recovery Implementation Office, NH&RA’s Council for Energy Friendly Affordable Housing (CEFAH) has issued a set of recommendations to amend the rules governing the Department of Energy’s Weatherization Assistance Program (WAP).

Yesterday, the House Financial Services Committee advanced two proposed bills to preserve affordable rental housing and revitalize public housing.

The National Council of Affordable Housing Market Analysts’ Executive Committee recently convened to reaffirm and clarify how our Model Content Standards apply to conducting a comprehensive market study. As a result of the discussion, NCAHMA as adopted the following definition for a “comprehensive market study.”

The Louisiana Housing Finance Agency has released a series of frequently-asked-questions, as well as an updated application form for its 2010 low-income housing tax credit funding round.

U.S. Housing and Urban Development Secretary Shaun Donovan today announced an additional $1 billion in funding to all states along with a number of counties and local communities through the third round of HUD’s Neighborhood Stabilization Program (NSP).

The U.S. Department of Housing and Urban Development is soliciting comments from the public on the forms it recently made available for the purpose of determining the operating subsidy obligation and proration level for Public Housing Agencies (PHA).

The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register establishing its 2010-2011 housing goals for Fannie Mae and Freddie Mac.

The U.S. Department of Housing and Urban Development is soliciting comments from the public on the forms it recently made available for the purpose of determining the operating subsidy obligation and proration level for Public Housing Agencies (PHA).

The Maryland Department of Housing & Community Development (DHCD) has released a blacklined version of its draft 2011 Qualified Allocation Plan (QAP) for its low-income housing tax credit program.

The Wisconsin Housing and Economic Development Authority has announced that projects awarded ARRA Section 1602 Exchange Funds by the agency that have not expended 100% of these funds by December 31, 2010 must demonstrate that by December 31 they have paid or incurred at least 30% of the project’s total adjusted basis in land and depreciable property that is reasonably expected to be part of the low-income housing project.

The Community Development Financial Institutions Fund (CDFI Fund) has posted the comments it received regarding its request for public comment related on its Community Investment Impact System (CIIS) Data Collection.