News

HUD

HUD Publishes Quarterly Regulatory Waivers

HUD has published notice of all regulatory waivers that HUD has approved for the period April 1, 2009 and ending on June 30, 2009.

California

Obama Nominates Three More State Rural Housing Directors

The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.

NH&RA News

Brookings Publishes Second Report in MetroMonitor Series

The Brookings Institute recently published its second edition of MetroMonitor, a quarterly series of reports that examines the impact of the economic recession and recovery efforts in the nation’s 100 most populated metropolitan areas.

Louisiana

Louisiana Schedules Public Hearing on GO Zone Policy

The Louisiana Housing Finance Agency (LHFA) will hold a public meeting on September 23 in Baton Rouge to receive comments on the agency’s proposed amendment to the State’s 2007/08 GO Zone Qualified Allocation Plan.

Alabama

Alabama Schedules Hearings on QAP & HOME Action Plan

Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the modifications to the 2010 HOME Investment Partnerships Program Action Plan and the Low-Income Housing Tax Credit Allocation Plan for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing Credits for all projects.

IRS

IRS Provides Guidance on Stimulus Act Workout Provision

The Law Firm Ballard Spahr recently issued an alert on a interesting provision from the American Recovery & Reinvestment Act that allows tax payers to defer cancellation of indebtedness income.

congress-capitol

NH&RA Launches You Tube Channel

YouTubeNational Housing & Rehabilitation Association is pleased to announce we have launched our very own You Tube Channel. We will be using the HousingOnline Channel to share highlights from NH&RA Conferences & Events as well as ‘tag’ interesting affordable housing, LIHTC, NMTC and Historic Rehabilitation video content from across You Tube. Click here to subscribe to the HousingOnline Channel today.

NH&RA News

NH&RA Creates New LinkedIn Group For Members to Network and Collaborate

NH&RA is pleased to announce that we have created a LinkedIn Group for our members. LinkedIn is a business-oriented social networking site that allows its users to stay connected with colleagues and professional contacts.

California

California Schedules Mandatory ARRA Funding Workshops

The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds.

NH&RA News

Rural Housing Service Implements Section 538 Demonstration Program

The U.S. Department of Agriculture’s (USDA) Rural Housing Service has announced the implementation of a $10 million demonstration program under its Section 538 Guaranteed Rural Rental Housing Program to test the viability of the concept of providing a continuous loan note guarantee through the construction and permanent loan phases of a project.

New York

New York Senate Reviews Legislation on LIHTC Property Conveyances

The New York State Senate is considering legislation related to conveyances involving real property financed with federal low-income housing tax credits.

Washington

Washington Proposes Changes to 2010 LIHTC Policies, Schedules Hearing

The Washington State Housing Finance Commission recently issued a memorandum summarizing proposed revisions to its low-income housing tax credit program policies for 2010.

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