News

The US House of Representatives passed the USDA Funding (HR 2997) on July 9 while the Senate Appropriations Committee passed its own version of the legislation (S. 1406) on July 7. This measure includes funding for the USDA Rural Development Program.

The North Carolina Housing Finance Agency is seeking input for its draft 2010 Qualified Allocation prior to publication.

Four months after former CEO David Moffett resigned, Freddie Mac has named Charles Haldeman Jr. as CEO. Interim CEO John Koskinen will return to his position as chairman of the board.

President Obama has announced his intention to nominate Jon Jarvis as Director of the National Park Service.

PolicyMap recently announced several new data collection and analysis resources now available through its website, including a new, regional income analysis tool created by The Reinvestment Fund (TRF).

David Sterns was recently sworn in as the new Assstant Secretary for Housing and the Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development (HUD).

Kentucky Housing Corporation (KHC) has issued a Request for Qualifications (RFQ) from qualified market analysts that gives preference to members of the National Council of Affordable Housing Market Analysts (NCAHMA).

The Idaho Housing and Finance Agency has released its joint application for funding assistance provided by the American Recovery and Reinvestment Act of 2009.

The Arkansas Development Finance Authority has released its application for funding assistance through the Stimulus Act’s Tax Credit Exchange and Tax Credit Assistance Programs.

The Alaska Housing Finance Corporation has released its application for funding through the American Recovery and Reinvestment Act’s Section 1602 (Tax Credit Exchange) and Tax Credit Assistance Programs (TCAP).

The Ohio Housing Finance Agency (OHFA) has released a draft set of core values to evaluate the capacity of management companies as part of its development of the 2010 qualified allocation plan (QAP).

NH&RA has uploaded new video excerpts from the 2009 Spring Developers Forum, May 11-12 in Los Angeles, California. If you missed these great sessions you can view video excerpts from the meeting on HousingOnline’s You Tube Channel. The session explored new funding sources made available by the American Recovery & Reinvestment Act including the Tax Credit Exchange and TCAP Programs and in particular issues pertaining to the recent guidance provided by HUD, the Department of Treasury and the IRS on the implementation of these programs. Featured speakers include Peter Bell (NH&RA), Ronne Thielen (Centerline Capital), Joel Rubenzahl (Community Economics Group), Tom Capp (Gorman & Company) and Jeanne Peterson (Reznick Group).