California

In a recent issue of Health Affairs focusing on investments in social determinants of health, a new study examined how renovations of a property in Queens, NY that converted through RAD may improve the health of public housing residents.

HUD released the full report, “Examining the Effects of the Rental Assistance Demonstration (RAD) on Children Living in Public Housing in Fresno, California,” which assessed outcomes and the well-being of children living in developments that have undergone rehab and conversion under RAD.

NH&RA members BRIDGE Housing Corporation, Eden Housing, Inc., Jamboree Housing Corporation, Kingdom Development Inc., McCormack Baron Salazar, Inc., Meta Housing Corporation and Pacific West Communities, Inc. all received funding awards from CalHCD’s Multifamily Housing Program. Congratulations!

On June 25, 2020 the California Tax Credit Allocation Committee issued a new memo providing additional guidance on the Average Income Test Federal Election.  In May 2018, TCAC adopted regulations that allowed projects with an existing tax credit reservation to elect the Average Income Test and make changes to the application’s housing unit designations, increasing some to 80% AMI.

The California Housing Partnership recently launched its Housing Needs Dashboard, a new online data tool to discover and compare housing data for every California county and the state overall

The California Tax Credit Allocation Committee (TCAC) published the 2020 credit estimates, which also includes the disaster credits from the Further Consolidated Appropriations Act, 2020.

The California Tax Credit Allocation Committee (TCAC) released new guidance on multi-phase housing developments, developer fees, service amenities, general partner experience, documenting land acquisition and tie breakers for prospective applicants. In the event of a conflict with prior guidance, this guidance shall supersede.

The California Department of Housing and Community Development (CalHCD) released additional supporting documents to accompany the Round 4 Transit-Oriented Development (TOD) Housing Program Notice of Funding Availability for approximately $141 million, which was released on April 30, 2020. Applications are due by July 30, 2020 at 5:00 pm PT.

The California Department of Housing and Community Development (CalHCD) released draft No Place Like Home (NPLH) Program draft amended Guidelines for public comment. Comments should be sent to NPLH@hcd.ca.gov by 5:00 pm PT on July 27. CalHCD will hold a webinar on July 8 from 1:00 – 2:00 pm PT. Join here.

The California Tax Credit Allocation Committee (TCAC) is granting projects with 2018 and 2019 carryover allocations a six-month extension of their respective placed in service deadlines. Projects with a 2018 carryover allocation have a placed in-service deadline of June 30, 2021. Projects with a 2019 carryover allocation have a placed in-service deadline of June 30, 2022.

The California Housing Partnership published the 2020 Housing Need Reports for all of California’s 58 counties. The reports document the gap in affordable homes versus need and looks at costs that the lowest income renters face statewide and at the county-level. The reports make several statewide policy recommendations, including making permanent the $500 million annual […]

The California Tax Credit Allocation Committee (TCAC) posted the Approvals Necessary to Being Construction (Attachment 26) for its second round of 2020 applications.

The California Tax Credit Allocation Committee (TCAC) posted the 2020 draft Opportunity Maps, draft opportunity mapping methodology and draft statewide summary table.