Updates on CRA Reform: Senate Votes Down CRA Disapproval Bill, Fed’s Proposal Published in Federal Register
On Monday, the Senate voted down a motion to consider the House-passed resolution of disapproval (H.J. Res. 90) to nullify the Office of the Comptroller of the Currency’s new rule on Community Reinvestment Act (CRA). The Federal Reserve’s advanced notice of proposed rulemaking was officially published in the Federal Register. Comments are due by February 16, 2021; NH&RA will submit comments and encourages our members to do so as well.
Representative Katherine Clark (D-MA) introduced the Support Allowing Volume Exception for (SAVE) Federally-Assisted Housing Act, a targeted effort to address the national shortage of affordable housing units by freeing up the availability of private activity bonds used to support the preservation, improvement or replacement of federally-assisted housing facilities.
The Centers for Disease Control and Prevention (CDC) released new resources on its eviction moratorium, including a declaration template and FAQs, prepared in consultation with the Department of Health and Human Services, HUD and the Department of Justice.
MacRostie Historic Advisors Acquires Historic Tax Credit Practice of Sutherland Conservation & Consulting
MacRostie Historic Advisors LLC (MHA) recently acquired the Historic Tax Credit practice of Maine-based Sutherland Conservation & Consulting (SCC).
Following a nationwide search, Enterprise Community Partners named Jacqueline Waggoner president of its Solutions division. Waggoner most recently served as vice president and Southern California market leader for Enterprise.
Tiber Hudson LLC announced the addition of Nicholas “Nick” Pirulli and Casimira “Casi” Walker as partners in the Washington, DC-based firm.