Rural Housing

The Obama Administration recently announced nine more individuals who will serve as their State’s Director of Rural Development at the U.S. Department of Agriculture (USDA). The directors will work with USDA to help manage over 40 programs that USDA’s Rural Development administers to provide affordable housing and improve the economic stability for rural communities across the country.

Thanks to everyone that made the 2009 Summer Institute a great success! We were blown away by all of the compliments about the quality of the program and networking. I especially want to thank all the great speakers! Its not every day that so many industry leaders and innovators can come together to share ideas and innovations. In such a tough business environment it was inspirational to see how our members are creating new opportunities to close transactions. If you didn’t make out to Vermont here are a few things that you missed…

The National Housing & Rehabilitation Association is pleased to announce that it has made available the PowerPoint presentations displayed during the recent 2009 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits, held July 29 – August 1, 2009 in Woodstock, Vermont.

On Wednesday, July 15 the U.S. House of Representatives’ Committee on Financial Services held a hearing to discuss legislative options for preserving federally- and state-assisted affordable housing and preventing displacement of low-income, elderly and disabled tenants. During the hearing, Committee heard testimony from a panel of witnesses.

The US House of Representatives passed the USDA Funding (HR 2997) on July 9 while the Senate Appropriations Committee passed its own version of the legislation (S. 1406) on July 7. This measure includes funding for the USDA Rural Development Program.

The U.S. House of Representatives’ Appropriations Committee yesterday (July 6) passed H.R. 2997, the U.S. Department of Agriculture (USDA) Funding Bill, which appropriates funds to the nation’s rural housing programs.

The Obama Administration has begun nominating individuals to serve as State Director for Rural Development for the U.S. Department of Agriculture (USDA).

The U.S. Department of Housing and Urban Development (HUD) announced today that it has joined the U.S. Department of Agriculture’s (USDA) Recovery Act online mapping tool by adding vital HUD data to USDA’s tool, which allows Americans to learn how and where HUD is spending funds provided through the American Recovery and Reinvestment Act of 2009.

The National Housing & Rehabilitation Association has made available the PowerPoint presentations displayed during the recent 2009 Spring Developers Forum: A Time of Opportunity, held May 11-12, 2009 at the Hyatt Regency Century Plaza in Los Angeles, California.

The USDA Rural Housing Service has published a notice to establish a demonstration Rural Development Voucher Program.

The National Council of Affordable Housing Market Analysts has made available the PowerPoint Presentations and handouts presented during the 2009 Public Policy & Market Study Forum: Affordable Housing In The ‘Stimulated’ Economy.

President Obama has announced his intention to nominate Dallas P. Tonsager to be Under Secretary of Agriculture for Rural Development, which administers federal rural housing programs.