News
HUD Announces Nearly $1 Billion for Public Housing Through ARRA
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced almost $1 billion in assistance for substantial improvements to the nation’s public housing stock. Funding is being provided through the Public Housing Capital Fund under the American Recovery and Reinvestment Act (ARRA).
DC Releases Guidance on Exchange Funding
The DC Department of Housing and Community Development (DHCD) has issued a memo of guidance for its Tax Credit Exchange program provided through the American Recovery and Reinvestment Act.
South Carolina Issues Draft TCAP Implementation Plan
The South Carolina State Housing Finance and Development Authority has published its draft implementation plan for the Tax Credit Assistance Program (TCAP).
North Carolina Publishes Criteria for TCAP, Exchange Programs
The North Carolina Housing Finance Agency has published its draft project selection process and criteria for the Tax Credit Exchange and Tax Credit Assistance Programs under the American Recovery and Reinvestment Act.
Oregon Publishes Implementation Plan for ARRA Programs
Oregon Housing and Community Services has published its draft implementation plan for the Section 1602 (Exchange) and Tax Credit Assistance (TCAP) programs.
Minnesota Agency Posts Selection Criteria for TCAP, Exchange
The Minnesota Housing Finance Agency recently published its selection process and criteria for eligible projects applying for funding through the Tax Credit Exchange and Tax Credit Assistance (TCAP) Programs.
Nebraska Publishes TCAP Selection Criteria
The Nebraska Investment Finance Agency has made available the selection criteria for its Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.
Texas Publishes Plan for TCAP Implementation
The Texas Department of Housing and Community Affairs has published its draft implantation plan for the Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.
Wisconsin Publishes ARRA Guidance
The Wisconsin Housing and Economic Development Authority has published guidance on the deployment of housing assistance funds provided by the Tax Credit Exchange and Tax Credit Assistance (TCAP) programs under the American Recovery and Reinvestment Act.
NH&RA Launches Social Networking Group
NH&RA is pleased to announce that we have created a FaceBook Group for our members. FaceBook is a social networking site that allows its users to stay connected with friends and personal contacts, as well as colleagues and business associates. Its only takes a few minutes to get started and create a profile.
House Ways and Means Committee To Hold Hearing On Tax Exempt Bonds
House Ways and Means Select Revenue Measures Subcommittee Chairman Richard E. Neal (D-MA) has that the Subcommittee on Select Revenue Measures will hold a hearing on issues involving tax-exempt and taxable governmental bonds on May 21.
GAO Issues Report On Military Housing Privatization
The General Accountability Office has issued a new report on the Military Housing Privatization entitled “Housing Privatization: DOD Faces New Challenges Due to Significant Growth at Some Installations and Recent Turmoil in the Financial Markets.” The report finds that several force structure and infrastructure initiatives are compounding DOD’s and the developers’ challenges in ensuring that affordable and adequate military family housing will exist when needed.