News

HUD

HUD Highlights Land Use and Zoning Reforms

The Department of Housing and Urban Development released a new publication that summarizes the effects of restrictive land use policies on housing supply, location and affordability and highlights reforms that state and local governments can adopt to increase the housing supply.

IRS

IRS Guidance Releases Energy Community Bonus Credit Amounts Under the Inflation Reduction Act of 2022

The Internal Revenue Service (IRS) released Notice 2023-29, describing what constitutes an energy community for the ten percent bonus credit for production (PTC) and investment tax credits (ITC) under the Inflation Reduction Act (IRA).

Department of Energy

DOE Issues RFI Seeking Input on IRA Funding Opportunity – Webinar April 18

The Department of Energy (DOE) issued a request for information (RFI) seeking public input on the design of a future funding opportunity to support the development, adoption and implementation of model building energy codes for residential and commercial buildings throughout the U.S., pursuant to the Inflation Reduction Act (IRA).

California

Terner Center Report on New Pathways to Encourage Housing Production

In the past six years, California has introduced over 100 laws aimed at increasing housing production.

QAP Ohio

Ohio Hosts Bond Gap Financing Forum – April 1

Ohio Hosts Bond Gap Financing Forum – April 1

General News

CDFI Fund Response to Economic Impacts of COVID-19

The Community Development Financial Institutions (CDFI) Fund announces awards of over $1.73 billion in grants to 603 CDFIs across the country through the CDFI Equitable Recovery Program (CDFI ERP).

Federal Housing Finance Agency

FHFA Announces Updated Equitable Housing Finance Plans for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) announced updates to Fannie Mae and Freddie Mac’s (the Enterprises) Equitable Housing Finance Plans for 2023

Florida

Florida Governor Sings Bill to Ban Rent Control & Increase Access to Affordable Housing

Last week, Florida Governor DeSantis signed Senate Bill 102 (Live Local Act) aimed at increasing access to affordable housing across the state and for Floridians to live in communities where they work.

NH&RA News

NH&RA Signs Letter on FHA’s Section 8 Standard Program Regulation and Renewal Contract Proposal

NH&RA signed a letter led by the National Leased Housing Association on the Federal Housing Administration’s (FHA) Advanced Notice of Proposed Rulemaking on Section 8 Project-Based Rental Assistance: Standard Program Regulation and Renewal Contract.

NH&RA News

NH&RA Signs Letter in Support of FY 2024 FSS Appropriations, Opt-Out Demonstration

NH&RA joined a letter led by Compass Working Capital in support of Fiscal Year (FY) 2024 appropriations for the Family Self-Sufficiency (FSS) program.

HUD

HUD, Treasury Describe State’s use of ARP Funds to Increase Affordable Housing Supply

In a new Our Way Home blog post, Sarah Brundage, senior advisor for housing supply & infrastructure at HUD, and Ellen Lurie Hoffman, acting director of the office of community and economic development at Treasury, describe three examples of states utilizing American Rescue Plan (ARP) funding to serve their communities’ housing supply needs.

ahtcc

Submit Your Edson Tax Credit Excellence Awards Nomination by April 21

The Affordable Housing Tax Credit Coalition announces that applications are now open for the AHTCC’s annual Charles L. Edson Tax Credit Excellence Awards (Edson Awards). The Edson

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