News

The recently launched TaxInvestments.com is an online marketplace in the tax credit industry dedicated connecting buyers and sellers of trade-able tax credits. The website allows users to list and search any type of trade-able tax credit by name, address, tax credit amounts, tax credit delivery dates, tax credit types or any combination thereof.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan has named Adolfo Carrión to serve as the Regional Director for New York and New Jersey. Carrión, is currently Deputy Assistant to the President and Director of the White House Office of Urban Affairs.

HUD’s Economic and Market Analysis Division has published two new Comprehensive Housing Market Analysis Reports for the Houston, Texas and Jackson, Mississippi market areas.

HUD’s Office of Policy Development and Research (PD&R) has posted three sets of working papers “” Economic Development and Public Finance, Housing Finance, and Program Monitoring and Research “” on HUD USER’s website. These scientific and technical papers were written by PD&R staff as a means of sharing information, eliciting feedback, and sparking further discussion.

The Montana Housing Division recently made available a draft of its 2011 qualified allocation plan (QAP) for the low-income housing tax credit program.

The Indiana Housing & Community Development Authority has announced that it will host an open roundtable discussion on Wednesday, May 12 to solicit comments, ideas, or views from the public related to the up-coming 2011 QAP.

The Federal Housing Finance Agency (FHFA) is proposing to reorganize existing investment regulations that apply to the Federal Home Loan Banks (FHLB), as well as incorporate limitations on the Banks’ investment in mortgage-backed securities and asset-backed securities, contained in the existing Financial Management Policy.

The North Dakota Housing Finance Agency will host a Regional Housing Roundtable on May 19 in Devils Lake, ND.

The Community Development Financial Institutions Fund (CDFI Fund) has scheduled an application webcast for the calendar year 2010 round of the New Markets Tax Credit (NMTC) Program. The application webcast will be broadcast on Tuesday, May 4 at 3:15 PM Eastern Daylight Time.

Governor Bob McDonnell this week announced a major initiative by his Administration aimed at expanding affordable housing in Virginia, including the establishment of the state’s first executive housing policy framework to help guide the development of a housing policy.

A renter household needs an annual income of $38,360 in order to afford a two-bedroom rental unit at the Fair Market Rent, according to a recent study released by the National Low-Income Housing Coalition.

National Council of Affordable Housing Market Analysts (NCAHMA) is please to offer FIVE digital audio recordings of select panel sessions held during its 2010 Spring Underwriting Forum, April 7-8 in New Orleans.