News

The Wisconsin Housing & Economic Development Authority has released its 2010 Section 42 MTSP and HERA Special income and rents limits.

The Ohio Housing Finance Agency has released instructions for submitting an application for tax credits through its 2011 Qualified Allocation Plan (QAP).

The Illinois Housing Development Authority (the Authority) is soliciting feedback from the development community on all aspects of the 2010 Qualified Allocation Plan (QAP) and Low Income Housing Tax Credit (LIHTC) application process.

The Idaho Housing and Finance Association recently released an amended version of its draft 2010 Qualified Allocation Plan (QAP).

The California Tax Credit Allocation Committee has updated its 2010 9% Competitive Tax Credit Application and 2010 4% Competitive Tax-Exempt Bond Application Combining Federal and State Tax Credits.

United States Interagency Council on Homelessness (USICH) along with the Secretary’s U.S. Departments of Housing and Urban Development (HUD), Labor (DOL), Health and Human Services (HHS), and Veterans Affairs (VA) have unveiled a new plan to prevent and end homelessness.

The U.S. Department of Housing and Urban Development (HUD) has released a notice announcing that HUD will allow Section 8 income limits to decrease beginning with the FY-2010 income limits, but will limit all annual decreases to no more than 5 percent, and limit all annual increases to 5 percent or twice the change in national median family income, whichever is greater.

U.S. Senator Maria Cantwell (D-Wash) last week proposed an amendment to the pending tax extenders bill (H.R. 4213) that would extend Section 1603 renewable energy tax credit cash grant program through the end of 2012.

Alaska Governor Sean Parnell signed two bills last week that establish a statewide energy policy (S.B. 220) to stimulate the state’s economy by attracting renewable energy investment.

The federal bank and thrift regulatory agencies ““ including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Comptroller of the Currency, and the Office of Thrift Supervision ““ recently announced a series of upcoming public hearings on modernizing the regulations that implement the Community Reinvestment Act (CRA).

The U.S. Departments of Transportation (DOT) and Housing and Urban Development (HUD) have announced that they will join forces to award up to $75 million in funding ““ $35 million in TIGER (Transportation Investment Generating Economic Recovery) II Planning Grants and $40 million in Sustainable Community Challenge Grants for localized planning activities that ultimately lead to projects that integrate transportation, housing and economic development.

In an effort to better serve the new generation of information seekers, the U.S. Department of Housing and Urban Development (HUD) recently launched several new tools for improving connectivity and transparency through various social media networking websites like Facebook, Twitter and YouTube.