News

Louisiana

Louisiana Releases Updated Application, FAQs for 2010 Funding Round

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.

HUD

HUD Announces Third Round of NSP Funding

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).

HUD

HUD Solicits Comments on Operating Subsidies Funding Formula

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).

NH&RA News

FHFA Issues Final Rule on Housing Goals for GSEs

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.

HUD

HUD Solicits Comments on Operating Subsidies Funding Formula

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).

Maryland

Maryland Releases Draft 2011 QAP

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.

Wisconsin

Wisconsin Releases Certification Form for 30% Test

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.

NH&RA News

CDFI Fund Posts Collected Comments

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.

Ohio

Ohio Releases Guidance on 2011 Housing Credit Program

The Ohio Housing Finance Agency (OHFA) has received several inquiries regarding applications for the 2011 Housing Credit Program.

Ohio

Ohio NMTC Application Deadline

Developers are reminded that the Ohio New Markets Tax Credit Program application deadline is September 20, 2010. Approved applications will be announced by October 31, 2010.

Ohio

Ohio Schedules Sit-Downs on CHDO Program

Ohio Housing Finance Agency has invited its partners to attend upcoming discussions on the Community Housing Development Organization (CHDO) Program’s goals and direction for the future.

New Mexico

New Mexico Seeks Comments On 2011 QAP; Schedules Hearing

The New Mexico Mortgage Finance Authority (MFA) has released its 2011 Draft Low Income Housing Tax Credit Qualified Allocation Plan.

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