News

New Mexico

New Mexico Releases Final NOFAs for TCAP, Exchange Programs

Housing New Mexico has released final versions of its notices of funding availability (NOFA) for the new low-income housing tax credit exchange and tax credit assistance (TCAP) programs, provided by the recent Recovery Act.

HUD

HUD Solicits Comments on Draft Notice for Non-Elderly Disabled Households

The U.S. Department of Housing and Urban Development has issued a draft notice of funding availability (NOFA) for approximately $30 million for Section 8 Housing Choice Vouchers to be delivered to non-elderly disabled families served by entities experienced in supportive housing services.

HUD

HUD USER Website Publishes Metropolitan Vacancy Data

The U.S. Department of Housing and Urban Development’s Office of Policy Research & Development has made available a report and supporting data that provides a regional or metropolitan perspective on residential and business vacancies using mail delivery data from the US Postal Service.

Kansas

Kansas Announces Selection Criteria for TCAP

Kansas Housing Resources Corporation has released its draft selection criteria for funding through the Tax Credit Assistance Program (TCAP) under the recent Recovery Act.

Maine

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).

Illinois

Illinois Releases ARRA Program Materials

The Illinois Housing Development Authority has released guidance and competitive selection criteria for its Equity Replacement Programs (TCAP and Exchange), under the American Recovery and Reinvestment Act (ARRA) of 2009.

HUD

HUD Announces Recovery Act Web Mapping Tool

The U.S. Department of Housing and Urban Development (HUD) announced today that it has joined the U.S. Department of Agriculture’s (USDA) Recovery Act online mapping tool by adding vital HUD data to USDA’s tool, which allows Americans to learn how and where HUD is spending funds provided through the American Recovery and Reinvestment Act of 2009.

Indiana

Treasury Announces $268 in New Wave of Exchange Funding

The U.S. Department of the Treasury recently announced its second round of funding through the low-income housing tax credit exchange program, provided by the American Recovery and Reinvestment Act (ARRA) of 2009.

HUD

HUD Assistant Secretary for Public and Indian Housing Sworn In

Sandra Henriquez was recently sworn in as the U.S. Department of Housing & Urban Development’s Assistant Secretary for the Office of Public and Indian Housing.

NH&RA News

GAO Report: Minorities Less Likely to Receive NMTC Allocation

According to a report released recently by the Government Accountability Office (GAO), minority-based Community Development Entities (CDE) were less successful in obtaining federal New Markets Tax Credit (NMTC) allocations from 2005 through 2008.

Montana

Montana Releases Draft 2010 QAP

Montana’s Board of Housing recently released its draft qualified allocation plan (QAP) for the 2010 low-income housing tax credit (LIHTC) program. The plan governs the allocation of LIHTCs in Montana and provides an overview of the program, administrative processes, eligible competitions, and fee schedules.

NH&RA News

House Approves National Consumer Cooperative Bank for CDFI Funding

The U.S. House of Representatives has passed H.R. 1674, which establishes the National Consumer Cooperative Bank as a certified Community Development Financial Institution (CDFI).

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