News

NH&RA is urging Congress to take action to make a critical technical change to the New Markets Tax Credit Program, making it easier to use the subsidy on projects involving multiple buildings.

Based on additional feedback received, the California Tax Credit Allocation Committee has revised its proposed regulation changes for implementation of the American Recovery and Reinvestment Act (ARRA).

The California Tax Credit Allocation Committee recently made available its 2009 applications and supporting attachments for the 9% competitive tax credit program, the 4% tax exempt bond program combining federal and state tax credits, and the 4% tax exempt bond program.

Novogradac & Company recently issued an alert providing and update on the eligibility of exchanging GO Zone Credits using the Tax Credit Exchange Program.

Georgia’s Department of Community Affairs (DCA) has issued notice of guidance with respect to the application process and required documentation for the Tax Credit Assistance Program (TCAP) and the Tax Credit Exchange programs contained within the American Recovery and Reinvestment Act (ARRA).

NH&RA has recently updated its Digital Green & Sustainable Development Resource CD-ROM to include additional recordings and digital resources. This CD-ROM includes select session recordings and supporting materials including PowerPoint Presentations and Conference Book, digital copies of recent issues of Tax Credit Advisor (TCA) focusing on Green Design & Development (April 2008 & 2009) and Renewable Energy Incentives (August 2008), databases summarizing local, state & federal Green Incentives and QAP Requirements and more…

President Barack Obama recently announced his intention to nominate Mercedes Márquez, General Manager, Los Angeles Housing Department to serve as HUD Assistant Secretary For Community Planning and Development. We are pleased to announce that Ms. Márquez will be delivering our Keynote Luncheon Address for the 2009 Spring Developers Forum, May 11-12 at the Hyatt Regency Century Plaza, Los Angeles, California.

Download Our Brochure For The 2009 Spring Developers Forum, May 11-12 in Los Angeles. Click here to download our conference brochure. 

New York Governor David Paterson has announced $253 million in affordable housing grants through the American Recovery and Reinvestment Act. These nine New York projects are the first in the U.S. to receive funding through the Tax Credit Assistance Program (TCAP), one of the housing relief provisions contained in ARRA.

Minnesota Housing has announced changes and new timeline for the Agency’s requests for proposals.

The Indiana Housing & Community Development Authority has published draft policies and procedures for implementing the provisions in the American Recovery and Reinvestment Act (ARRA) establishing the new Tax Credit Assistance Program and low-income housing tax credit exchange program.

President Obama has nominated David Stevens to be the Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development.