News
President Obama to Propose Domestic Discretionary Spending Freeze; Would Impact HUD Programs
President Obama has announced plans to freeze domestic discretionary spending at its current level for three years.
NH&RA YouTube Channel: David Smith & Lisa Alberghini At The 2009 Vision Awards
Check out our YouTube Channel to view our 2009 Affordable Housing Vision Awards addresses from Lisa B. Alberghini, President of the Planning Office for Urban Affairs, Inc. and David A. Smith. CEO of CAS Financial Advisory Services.
Delaware Releases Updated Housing Development Fund Application
The Delaware State Housing Authority has released an updated version of the Housing Development Fund (HDF) supplement application for interested developers when applying for 2010 low-income housing tax credits.
New Jersey Re-Introduces Legislation to Implement State Historic Tax Credit
New Jersey’s state lawmakers recently introduced legislation that would make New Jersey the 31st state to offer a historic rehabilitation tax credit, aimed at helping revitalize historic buildings as well as spur job creation and economic growth.
Connecticut, Georgia Top State List in Green Building
According to a new green housing report, Connecticut and Georgia top the rankings among states when it comes to energy efficient affordable housing development. Global Green USA recently released its fifth annual green building rating summary of state qualified allocation plans (QAP).
Maryland Announces Updates to 2010 Funding Round
Maryland’s Department of Housing and Community Development recently issued a notice to multifamily development professionals that announces critical updates to Maryland’s 2010 funding programs, and reminds developers of the February 23, 2010 competitive funding round application deadline.
New Jersey Introduces Bill to Abolish Council on Affordable Housing
The New Jersey State Legislature is considering a bill that would abolish the state’s Council on Affordable Housing, and transfer control of affordable housing programs to municipalities and the State Planning Commission.
USGBC Publishes Report On Using ARRA Funds For Green Building
The US Green Building Council has published a new report titled “Top 10 Ways to Use Recovery Funds for Green Building.”
HUD Proposes Revisions To FHA Multifamily Closing Documents
HUD is issuing for public comment a comprehensive set of revised closing documents for use in Federal Housing Administration (FHA) multifamily rental projects.
Nebraska Accepting Section 1602 Applications
The Nebraska Investment Finance Authority (NIFA) recently announced that it is accepting applications for Section 1602 funds.
TIGTA Publishes Report on Dollar Limits for ARRA Bonds
The U.S. Treasury Inspector General for Tax Administration (TIGTA) recently published a report entitled, “Observations About Annual Dollar Limits for American Recovery and Reinvestment Act of 2009 Bonds.”
Louisiana HOPE VI Project to Utilize Historic Tax Credits
The Hurricane Damaged Historic Bastrop High project in Bastrop, Louisiana will completely renovate the old Bastrop High School building as part of a HOPE VI Main Street Grant.