News
NH&RA Encourages States to Use Weatherization Assistance Program Funding for Multifamily
NH&RA sent a letter to the state offices responsible for administering Weatherization Assistance Program (WAP) funding encouraging them to devote a portion to multifamily affordable housing.
New Bill Would Create Interagency Council on Affordable Housing and Preservation
Rep. Adam Schiff (D-CA) unveiled legislation that would create an interagency council, like the current U.S. Interagency Council on Homelessness (USICH), to analyze and strengthen affordable housing in the U.S.
Susan Rice and Erika Poethig to Leave White House
Susan Rice and Erika Poethig with the White House’s Domestic Policy Council (DPC) are both stepping down.
HUD Outlines Plans to Remove Barriers to Housing for People with Criminal Records, Prohibit Discrimination on the Basis of Disability
HUD announced two plans last week, one centered on Potential Changes to Regulation Requiring Accessibility and Prohibiting Discrimination on the Basis of Disability in HUD-Assisted Programs the other on Removing Unnecessary Barriers to Housing for People with Criminal Records.
New OECD GMT Guidance for Community Development Tax Credits
In a new blog post, Brad Elphick and Peter Lawrence with Novogradac explain the recently released Organization of Economic Cooperation Development (OECD) guidance on the Global Minimum Tax (GMT).
Revisions to the CDFI Certification Application
CDFI announced revisions to its certification application.
RHS Updates Competitive Lender Submission Process for Section 538 GRRHP
The Rural Housing Service updated the process for competitive lender submissions (responses) regarding proposed projects for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP).
Arkansas Governor Signs Bills to Extend State Housing Tax Credit
Arkansas Gov. Sarah Huckabee Sanders signed two bills into law on April 13 that will extend the state’s Historic Rehabilitation Tax Credit for five years and change the tax credit percentage depending on locale.
Senate Hearing to Address Housing Challenges
The Senate Committee on Banking, Housing and Urban Affairs will hold a hearing on April 26 at 10 a.m. ET entitled “Building Consensus to Address Housing Challenges.”
HUD NSPIRE Calculator Tool
HUD announces the release of the National Standards for the Physical Inspection of Real Estate (NSPIRE) score calculator demo video, which housing authorities, property owners and agents can use as a resource to estimate their inspection score under the new national standards for the inspections.
HUD Publishes HOME Facts & Per Unit 2023 Subsidy Limits
HUD announces the publication of the issue of HOME FACTS, which informs all Participating Jurisdictions (PJs) that the right to draw HOME grant funds expires after nine fiscal years, including the fiscal year of the appropriation.
EPA Releases Implementation Framework for Greenhouse Gas Reduction Fund
The Environmental Protection Agency (EPA) released an implementation framework for its new Greenhouse Gas Reduction Fund (GGRF), which will invest $27 billion to finance projects that reduce greenhouse gas emissions and air pollution.