Industry News

HUD Announces 2016 DDAs and QCTs

HUD designated the Difficult to Develop Areas (DDA) and Qualified Census Tracts (QCT) that will be effective July 1, 2016. This is the first year Small Area Fair Market Rents (SAFMRs) were used to designate metropolitan DDAs instead of metropolitan-area Fair Market Rents (FMRs).

HUD Publishes New Section 811 Project Rental Assistance FAQs

HUD answered frequently asked questions regarding the Section 811 project rental assistance program, including environmental review, fair housing, program administration, and requirements.

HUD Wants to Ban Smoking in Public Housing

HUD proposed a rule that would implement a smoke-free policy in all public housing, other than dwelling units in mixed-finance buildings. Comments on this proposed rule are due by January 19.

Member News

Affirmed Housing Development Wins USGBC Sustainable Innovation Award

Affirmed Housing’s Arbor Green, where residents enjoy utilities for approximately $5 or less a month, earned honors from the U.S. Green Building Council.

National Trust Community Investment Corporation Taps Community Development Finance Expert Merrill Hoopengardner as Next President

With nearly two decades of experience in community development finance, Hoopengardner will guide the overall management and growth of NTCIC, a tax credit syndication firm.

Jay Kirsch Joins Greystone as Managing Director

Mr. Kirsch joins Greystone from Freddie Mac Multifamily, where he most recently served as Asset Management & Operations Client Relationship Manager for the Small Balance Loan Program.

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