News

HUD

Donovan Confirmed as New HUD Secretary

haun Donovan was confirmed by the U.S. Senate on January 22 as the new Secretary of the U.S. Department of Housing and Urban Development.

New Jersey

New Jersey Proposes Revised 2009 QAP

The New Jersey Housing and Mortgage Finance Agency has issued its draft 2009 qualified allocation plan (QAP) and market study guidelines for its low-income housing tax credit program.

Florida

Florida Schedules Hearing on Senate Bill

The Florida Housing Finance Corporation (FHFC) has scheduled a public hearing for February 17 to solicit comments regarding the implementation of the directives in state Senate Bill 2A, which cuts, redirects, and sweeps housing trust fund monies.

Massachusetts

Massachusetts Schedules Public Hearing on Draft 2009 QAP

The Massachusetts Department of Housing and Community Development has announced it will hold a public hearing on proposed changes to its qualified allocation plan for its 2009 low-income housing tax credit program.

HUD

HUD Final Rule Extends Maximum Term of Energy Performance Contracts

The U.S. Department of Housing and Urban Development (HUD) on January 26 published a final rule that amends the public housing operating fund regulations to reflect recent statutory changes regarding energy performance contracts for public housing properties.

HUD

President-Elect Obama Names Shaun Donovan as HUD Secretary

President-elect Barack Obama has named Shaun Donovan, Commissioner of the New York City Department of Housing Preservation & Development as his choice for Secretary of the U.S. Department of Housing & Urban Development.

congress-capitol

House Releases Text For Economic Recovery Bill, Includes Many Items Advocated by NH&RA & CEFAH

The US House of Representatives has released the text for its economic recovery bill. The measure has not yet been assigned a bill number. The measure contains many items advocated for by NH&RA and our Council for Energy Friendly Affordable Housing.

South Carolina

South Carolina Issues Tax Credit Program Updates

South Carolina State Housing Finance & Development Authority has issued a series of announcements with regards to its low-income housing tax credit program.

Virginia

Virginia Provides 2009 QAP, Supporting Documents

The Virginia Housing Development Authority has made available several supporting documents to go along with its 2009 qualified allocation plan (QAP) for the low-income housing tax credit program.

Ohio

Ohio’s Affordable Housing Program Application Now Available

A 2009 Affordable Housing Funding Application and supporting documents were recently made available by the Ohio Housing Finance Agency.

Arizona

Arizona Amends LIHTC Utility Allowance Regulations

The Arizona Department of Housing has released a notice that summarizes proposed changes to the July 2008 IRS ruling that amends utility allowance regulations for the low-income housing tax credit (LIHTC) program.

NH&RA News

CDFI Fund Opens Seventh Round of New Markets Tax Credit Program

The Community Development Financial Institutions (CDFI) Fund recently announced the opening of its seventh competitive funding round for approximately $3.5 billion in New Markets Tax Credits in 2009.

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