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Council for Energy Friendly Affordable Housing

Council for Energy Friendly Affordable Housing (CEFAH) is a working group of some of the most active owners and managers of affordable housing. The Council will retain legal and technical expertise to identify policy changes that could be made by Congress, HUD and state agencies to help encourage and finance energy conservation improvements. Approximately $5 billion – nearly 15% of HUD’s budget -- is spent annually on energy costs in assisted housing. Reducing this amount would free up a considerable sum of money for more productive uses. NH&RA launched CEFAH as a means to achieve policy changes to affordable housing programs that will facilitate owners’ abilities to retrofit and upgrade properties to achieve a higher degree of energy efficiency and utility cost savings. 

Our goal is to identify areas where significant savings could be found and work with policymakers to obtain regulatory and legislative changes that make such improvements feasible and permissible. A few examples of actions that could be taken are adjusting HUD policies governing the use of replacement reserves and residual receipts, establishing a supplemental loan program for energy retrofit financing, and educating housing officials on which energy efficiency improvements make sense to support.

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Treasury Secretary Indicates No Overhaul of GSEs this Year; Rep. Frank Still Plans To Proceed

Treasury Secretary Timothy Geithner has indicated that the White House has no plan to overhaul Fannie Mae and Freddie Mac in 2010. read more

Date Published: 03/08/2010

Tags: Congress, Multi-Family Finance

HUD Secretary Testifies Before Appropriations Subcommittee

HUD Secretary Shaun Donovan testified before the House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies on February 23, 2010 on President Obama’s proposed budget. read more

Date Published: 03/08/2010

Tags: Affordable Housing, HUD, Public Housing, Congress

NCAHMA Announces Spring Forum Speaker List

The National Council of Affordable Housing Market Analysts (NCAHMA) has released a list of confirmed speakers for its 2010 Spring Underwriting Forum, April 7-8, 2010 at the Intercontinental Hotel in New Orleans. read more

Date Published: 03/08/2010

Tags: Market Analysis

NTCIC Releases First Ever Economic Impact Report on Historic Tax Credit

The National Trust Community Investment Corporation recently teamed up with Rutgers University to publish its “First Annual Report on the Economic Impact of the Federal Historic Tax Credit.” read more

Date Published: 03/05/2010

Tags: Tax Credits, Historic Rehabilitation Tax Credit, State Tax Credits, Historic Rehabilitation

Developers Council to Hear About Modular Housing

Participants in NH&RA Developer’s Council will hear about the latest developments in the use of modular housing construction for affordable housing, when the Council meets at NH&RA’s Affordable Housing Conference & 2010 Annual Meeting on March 11-13. read more

Date Published: 03/03/2010

Tags: Tax Credits, Affordable Housing

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Join CfEFAH

Participation in councils is a primary benefit of membership in NH&RA.
Our councils keep members abreast of critical industry developments, new business opportunities and are leading advocates for the issues you care about most on Capital Hill and HUD, IRS, CDFI Fund, National Park Service and the State Housing Finance Agencies.

Perhaps most importantly, membership in NH&RA councils provides access to a peer group and network that WILL help you generate new business and create efficiencies in your operations. NH&RA members know that by sharing their insight and know-how we are all able to grow our businesses. Council membership is complimentary for NH&RA members. They meet in person and via conference call through out the year.