HUD

The U.S. Department of Housing and Urban Development (HUD) has published a notice describing the regulatory waiver requests it granted during the fourth quarter of 2008

NH&RA has made available individual PowerPoint presentations from the recent 2009 Annual Meeting & NMTC Symposium, March 11-15 in Key Largo, Florida.

Congressional Quarterly (CQ) has reported that the Obama Administration this week will unveil plans to link and coordinate federal transportation and housing policy, with a focus on livable communities.

Fred Karnas, Director of the Arizona Department of Housing (ADOH) for the past two years, has been named as a Senior Advisor to U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan.

President Obama on February 26 issued his proposed federal budget for Fiscal Year 2010, which begins October 1, 2009. The budget request proposes $47.5 billion for the U.S. Department of Housing and Urban Development (HUD), an increase from the approved $47.1 billion appropriation for FY 2008 and the stopgap spending level of $40.1 billion for FY 2009.

The U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) recently announced a transition rental assistance program for families currently enrolled in the Disaster Housing Assistance Program (DHAP-Katrina/Rita).

President Obama has named Bronx Borough President Adolfo Carrión Jr. to direct the new White House Office of Urban Affairs. He will be the Administration’s point person to coordinate urban policy areas, including urban development, education, health care, and public safety.

NH&RA’s Council for Energy Friendly Affordable Housing is pleased to report that several key provisions from its ‘green’ legislative agenda have been incorporated in HR1: The American Recovery and Reinvestment Act of 2009. This includes substantial funding dedicated to retrofitting HUD assisted multifamily projects.

Tax Credit Advisor
October 2008
Issue Theme: Historic Rehabilitation

The US House of Representatives has passed HR 1, its $819 billion economic stimulus bill on a vote of 244-188. The House adopted several amendments prior to passing the measure that clarify how funds dedicated to transportation can be spent and strengthening whistleblower protections. The US Senate is scheduled to consider its measure, which is considerably different, in the next few days.

At press time the Economic Recovery Act was still in conference committee and specific text was not available; however, Congressional leadership has indicated that House a compromise has been agreed upon that will cost about $789 billion. Reports of housing provisions include…

The conference committee has released a summary of appropriations provisions in HR 1: The American Recovery and Reinvestment Act. The measure provides $311 billion in appropriations. Highlights include: