News
“Michigan Issues Multiple Tax Credit Updates”
Michigan State Housing Development Authority has issued a number of updates pertaining to the tax credit program:
“Oregon Legislature Passes Housing Bill & Budget”
The Oregon State Legislature sent HB 5019, the Oregon Housing and Community Services budget, to the Governor.
“Harvard Releases The State of the Nation’s Housing 2009 Report”
The Harvard Joint Center for Housing Studies has released its The State of the Nation’s Housing 2009 report. This annual report looks at housing markets, demographic drivers, homeownership, rental housing, and housing challenges.
Office of Policy Development & Research Updates Guide to Data Sets
The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research has updated its Guide to HUD USER Data Sets.
HUD Publishes Report on U.S. Housing Inventory
The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research has published a series of reports as components of its American Housing Survey that describe changes in the nation’s housing inventory and rental markets from 2005-2007.
HUD Assistant Secretary Confirmed
Mercedez Marquez has been confirmed as the Assistant Secretary at the U.S. Department of Housing and Urban Development.
Idaho Schedules 2009 Housing Conference
The Idaho Housing Finance Authority will join Barclays Capital, Wells Fargo and Bank of America to offer the 2009 Conference on Housing, scheduled for October 19-20 in Boise, Idaho.
Maine Issues Guidance on Tax Credit Exchange Program
The Maine State Housing Authority has released guidance on the Section 1602 Tax Credit Exchange Program, provided by the American Recovery and Reinvestment Act (ARRA).
Arkansas Establishes State Historic Tax Credit
Tax Credit Advisor, May 2009: Arkansas Gov. Mike Beebe has signed a bill (HB 1953) creating a state historic rehabilitation tax credit. Arkansas reportedly is the 30th state with a state historic tax credit.
Senator Bayh Introduces Disaster Housing Legislation
Senator Evan Bayh (D-Ind.) has proposed legislation that would make $230 million in funding immediately available to begin work on shovel-ready affordable housing developments in flood-ravaged areas of Indiana. The legislation would clarifiy that disaster housing credits in Indiana, Alabama, Arkansas, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Minnesota, Nebraska, Texas and Wisconsin would be eligible for the Tax Credit Exchange Program.
Michigan Releases Overview, Application for Exchange Program
The Michigan State Housing Development Authority has released a notice of guidance and application for its 9% low-income housing tax credit exchange program, provided for by the American Recovery and Reinvestment Act of 2009.
New Hampshire Releases Plan for TCAP
The New Hampshire Housing Finance Authority recently released its final implementation plan for the low-income housing tax credit assistance program under the American Recovery and Reinvestment Act.