News
Tennessee Announces Updates to 2024 Program Cycles
The Tennessee Housing Development Agency Multifamily programs staff announced updates regarding the 2024 Program Cycles.
2024 America’s Report Housing Report Finds over Half of All Rental Households are Cost-Burdened
The Joint Center for Housing Studies of Harvard University published its annual America’s Rental Housing report.
DOE Announces First Applicants for Home Energy Rebates Program
The U.S. Department of Energy (DOE) recently announced that the first group of states (California, Hawaii, New Mexico and New York) applied to its Home Energy Rebates program.
Green and Resilient Retrofit Program (GRRP) Updates
HUD has awarded just over $295 million during the first four of the 12 GRRP funding rounds.
House Considering Voting on Tax Bill Containing LIHTC Priorities this Week
Speaker Mike Johnson (R-LA) is considering putting H.R. 7024, Tax Relief for American Families and Workers Act of 2024 on the House floor for a vote this week under suspension of the rules.
HUD Seeks Feedback on RAD Closing and Post-Closing Processes
HUD Recap is hosting a listening session on January 24 at 12:00 p.m. ET. The facilitated listening session is part of the Closing and Post-Closing team’s ongoing process evaluation efforts.
Congress Punts FY 2024 Spending to March; January 25 Day of Action
Last week, Congress avoided a shutdown by continuing FY 2024 appropriations to March 1 and 8.
19 Housing Organizations Ask Bank Regulators to Lower Risk Rating for LIHTC Properties
NH&RA joined a letter to the three bank regulators (Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and Board of Governors of the Federal Reserve System) urging a lower risk for LIHTC properties under the capital rule amendments applicable to large banking organizations and banking organizations with significant trading activity, or Basel III Endgame.
House Tax Committee Advances Legislation with LIHTC Priorities
Last week, the House Ways and Means Committee approved the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) with a 40 – 3 vote.
Apply for Novogradac Journal of Tax Credits Historic Rehabilitation Award by March 1
The Novogradac Journal of Tax Credits Historic Rehabilitation Awards honor outstanding achievements in the rehabilitation of historic properties by recognizing development teams for excellence in the creative use of the Historic Tax Credit.
Kentucky Schedules Virtual Developer Forum
Kentucky Housing Corporation (KHC) will host a second virtual developer forum from 2 to 4 p.m. ET on Tuesday, January 30 to solicit feedback for the development of the 2025-2026 Qualified Allocation Plan and scoring criteria.
Florida Board of Directors Meeting – March 26
The Florida Housing Finance Corporation (FHFC) Board of Directors meeting is scheduled for March 26.