Industry News

Senator Wyden Introduces Middle-Income Housing Tax Credit Act of 2016

The bill models after the Low-Income Housing Tax Credit, one key difference being income restrictions, which are set at 100 percent or less of area median income. The credit would provide 50% of qualified basis.

HUD Publishes Guidance on Independent Student Eligibility for Assisted Housing

The further guidance recently published by HUD builds on a 2006 supplementary guide and makes changes to that language.

HUD Releases RAD Closing Documents for 30-Day Public Comment Due Oct. 28

Following a sixty day comment period back in May (in which NH&RA’s RAD Group submitted comments), HUD has now opened the thirty day comment period to consider changes made since then.

Member News

NH&RA Members Receive AHF Readers Choice Awards

34 finalists from a pool of 87 nominees were selected for the 12th annual awards, with 10 projects receiving awards. Congratulations to our members!

CDFI Fund Awards $185.7M, 10 NH&RA Members Awarded

The FY 2016 round moves the CDFI Fund past the $2B mark in investments to CDFIs and Native CDFIs through the CDFI and NACA Programs.

Applegate & Thorne-Thomsen Announces New Hires

The law firm is proud to announce that due to remarkable growth, two new attorneys have joined the team, both with extensive affordable housing experience: