News

The US House or Representatives passed the “FHA Multifamily Loan Limit Adjustment Act of 2009″ (HR 3527) on a voice vote on September 15. The measure was passed unanimously under a suspension of House rules and thus did not go through the typical committee process.

HUD Deputy Assistant Secretary for Public Housing Investments Dominique Blom will be delivering one of the Keynote Addresses at this year’s NH&RA Fall Developers Forum in Boston, November 2-3 at the Taj Hotel. Secretary Blom oversees HUD’s Urban Revitalization – HOPE VI Division as well as its Capital Program Division. Secretary Blom is also playing a leadership role in the design of the Choice Neighborhoods Initiative (CNI), a program proposed in President Obama’s FY-2010 Budget.

NH&RA is pleased to announce that it has extended its early registration for the 2009 Fall Developers Forum, November 2-3, 2009 at the Taj Hotel in Boston. Register by Wednesday, September 30 and save $100 off your conference registration fee.

NH&RA is conducting a short survey of its members regarding their TCAP and/or Exchange Transactions.

HUD has published a new document summarizes the various tenant protection rules that apply to Neighborhood Stabilization Program properties.

Indiana has published two new Multi-Family Department Notices that address DUNS # Guide (ARRA Recipients) (MFD Notice 09-27) and November Multi-Family Listening Sessions (MFD Notice 09-28:).

HUD has published a Notice of Submission of Proposed Information Collection to OMB for the Green Retrofit Program of the American Recovery and Revitalization Act of 2009.

The House Committee on Ways and Means Select Revenue Measures Subcommittee Chairman Richard E. Neal (D-MA) has announced a hearing on tax incentives for distressed communities on Wednesday, October 7, 2009. The hearing will focus on tax incentives for distressed communities, including the Empowerment Zone and Renewal Communities programs, which expire on December 31, 2009.

The U.S. Department of Housing and Urban Development has released final fair market rents (FMR) for Fiscal Year 2010, used to determine payment standard amounts for the Housing Choice Voucher program.

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

The Florida Housing Finance Corporation has published its draft strategic housing plan to provide a clear framework for policy and operation decisions at FHFC.

The Arizona Department of Housing has issued a notice to clarify eligible uses of Tax Credit Assistance Program (TCAP) funding provided under the American Recovery and Reinvestment Act (ARRA).