News

NH&RA News

New Resources Now Available Through PolicyMap

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).

HUD

David Sterns Sworn In as HUD’s Assistant Secretary for Housing and FHA

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

Kentucky Gives Preference for NCAHMA Analysts

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).

Idaho

Idaho Releases Joint Application for Stimulus Funding

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

Arkansas

Arkansas Releases ARRA Application

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.

Alaska

Alaska Releases Application for Stimulus 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).

Ohio

Ohio Releases Property Management Values for QAP, Solicits Feedback

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).

HUD

Video Feed: Delivering The Stimulus, TCAP & Exchange Credit Funds

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).

Alabama

Treasury Announces Next Wave of Exchange Program Awards

The U.S. Department of the Treasury on July 10 announced $486 million in American Recovery and Reinvestment Act (ARRA) funding to spur the development of affordable housing units through its Section 1602 Tax Credit Exchange Program.

NH&RA News

Treasury Releases Additional Guidance on Exchange Program

The U.S. Department of the Treasury on July 9 released additional guidance with regards to the Recovery Act’s Section 1602 Exchange Program, which provides grants to states for housing projects in lieu of low-income housing tax credits for 2009.

Alabama

Alabama Releases Additional TCAP, Exchange Application Materials

The Alabama Housing Finance Agency (AHFA) has released additional application forms for its Section 1602 Tax Credit Exchange and Tax Credit Assistance Programs (TCAP).

HUD

HUD Announces First Recovery Act CDBG Award to Birmingham, AL

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently announced $1.8 million in Community Development Block Grant funding to Birmingham, Alabama through the American Recovery and Reinvestment Act.

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