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A jail constructed in 1813 in Salem, Massachusetts converted to market rate apartments; a one-time Inn and girls finishing school in Silver Spring, Maryland re-conceived as affordable residences; and 19th century brewery buildings in both East Baltimore and Milwaukee now filled with corporate offices are all among the finalists for the 2010 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation.
The National Housing & Rehabilitation Association has announced fourteen finalists in six categories for this year’s “Timmy Awards,” which will be presented at an awards luncheon and ceremony on October 19 in Boston, Massachusetts in conjunction with the association’s Annual Fall Developers Forum. The nominees are located in fourteen different communities in ten states from Massachusetts to Kentucky... read more
Date Published: 09/10/2010
Tags: Tax Credits, Historic Rehabilitation Tax Credit, State Tax Credits, Affordable Housing, Historic Rehabilitation, Multi-Family Finance, Green/Sustainable Housing, Market Rate Housing
The U.S. Department of Housing and Urban Development has designated Difficult Development Areas (DDAs) for 2011 for purposes of the Low-Income Housing Tax Credit (LIHTC) program. read more
Date Published: 09/10/2010
Tags: HUD, Affordable Housing, LIHTC, Tax Credits
The U.S. Senate failed to clear a critical procedural hurdle on a new compromise version of HR 4213, the American Jobs and Closing Tax Loopholes Act of 2010 (Tax Extenders Legislation) on June 24. It is unclear when the measure will be taken up again. The current version of the measure includes a number of key tax credit provisions... read more
Date Published: 09/08/2010
Tags: Tax Credits, Historic Rehabilitation Tax Credit, LIHTC, NMTC, IRS/Tax Issues, Congress, Multi-Family Finance
Following up on a meeting held earlier in June with representatives from Obama Administration’s Domestic Policy Council, Council For Environmental Quality and Recovery Implementation Office, NH&RA’s Council for Energy Friendly Affordable Housing (CEFAH) has issued a set of recommendations to amend the rules governing the Department of Energy’s Weatherization Assistance Program (WAP). read more
Date Published: 09/08/2010
Tags: HUD, Affordable Housing, LIHTC, Tax Credits, Green/Sustainable Housing
Yesterday, the House Financial Services Committee advanced two proposed bills to preserve affordable rental housing and revitalize public housing. read more
Date Published: 09/08/2010
Tags: Affordable Housing, Public Housing, Congress, Green/Sustainable Housing, Hope VI
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