News

HUD

New Issue Of Cityscape Highlights HOPE VI

The research symposium in PD&R’s newest issue of Cityscape A Journal of Policy Development and Research: (Volume 12, Number 1) examines the effects of the HOPE VI (Housing Opportunities for People Everywhere) public housing revitalization program.

Michigan

Michigan Schedules QAP Informational Hearing

The Michigan State Housing Development Authority (MSHDA)will hold an Informational Hearing on April 21, 2010 to take comments and suggestions for modifications to the QAP for 2011.

congress-capitol

HUD Releases Updated Discussion Draft of Transformation of Rental Assistance Initiative

HUD has released a new discussion draft of Major Features of the 2011 Budget Proposal on Transforming Rental Assistance (TRA). TRA is a proposed multi-year initiative to preserve public and assisted housing by converting properties to a new project-based subsidy structure that includes a tenant mobility component.

NH&RA News

LIHTC Legislative Update; Small Business Bill Could Be Vehicle

Efforts are currently underway to incorporate several tax credit provisions into the Senate small business jobs bill. Timing is uncertain; however, reports indicate that the legislation could be considered in the next two weeks.

NH&RA News

IRS Announces Renewable Energy Inflation Adjust Factors Announced

The IRS has announced its 2010 inflation adjustment factors for Section 45 Renewable Electricity Production credits and other energy related tax credits.

NH&RA News

Treasury Issues Report on Build America Bonds

The U.S. Department of the Treasury has released a new report showing that the Build America Bonds program has resulted in significant savings in borrowing costs for state and local governments.

Florida

Florida State NMTC Bill Reported Out Of Committee”

The Florida House of Representatives introduced legislation that would alter the state’s New Markets Development Program. The measure, House Bill 1229, passed both the Transportation & Economic Development Appropriations Committee and the Economic Development Policy Committee.

NH&RA News

Brookings Explore Census Migration Statistics

A recent article by the Brookings Institution entitled A Demographic Lull for U.S. Migration at Census Time explores the slowdown in interstate migration in United States The areas that have been hit hardest are the Sun Belt cities that saw significant mid-decade population growth.

congress-capitol

Spring Program Features Leaders From HUD, Congress

Major decisions are being made in Washington that affect the future of tax credit development. But these decisions aren’t made in a vacuum – they are made after consultation with industry experts, constituents and consumers. You should be part of the conversation! Join NH&RA in Washington, DC for its 2010 Spring Policy Forum.

California

CDFI Fund Schedules Listening Sessions Around Authorizing Statute

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund has announced that it is undertaking a holistic review of its authorizing statute and has scheduled a series of “listening sessions” to generate discussion and interest among CDFI stakeholders.

Oklahoma

HUD Releases Housing Market Analysis for Oklahoma City

The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a comprehensive housing market analysis report for the Oklahoma City market region.

Minnesota

Minnesota Enacts Historic Tax Credit Law

Minnesota Governor Tim Pawlenty early this month signed into law the Minnesota Jobs Stimulus Bill (House File 2695

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