Caitlin Jones Author Archives

HUD

HUD Releases FY 2015 Annual Adjustment Factors

HUD recently published a notice in the Federal Register to announce the fiscal year (FY) 2015 Annual Adjustment Factors (AAFs).

Massachusetts

House Representatives Introduce Bill to Permanently Extend NMTC

Representatives Pat Tiberi (R-OH), Richard Neal (D-MA) and Tom Reed (R-NY) introduced a bill to permanently extend the New Markets Tax Credit (NMTC) program.

HUD

HUD Publishes Interim Rule for Governing Housing Trust Fund

HUD recently released an interim rule to govern the implementation of the Housing Trust Fund, including establishing the regulations that will govern the funds and the formula that will determine how funds are distributed.

HUD

Administration’s FY 2016 Budget Offers Promising Proposals

On February 2, President Barack Obama introduced his fiscal year (FY) 2016 budget, requesting a total of $49.3 billion for Department of Housing and Urban Development (HUD) programs and proposing significant policy changes aimed at improving the Low-Income Housing Tax Credit (LIHTC) program and a proposal to modify and permanently extend the New Markets Tax Credit (NMTC) program.

congress-capitol

Senate Finance Committee Announces Tax Reform Working Groups

Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) recently announced the launch of five separate bipartisan Finance Committee Tax Working Groups to spur congressional comprehensive tax reform efforts in the 114th Congress.

Texas

Supreme Court Hears Oral Arguments on Fair Housing Case

The United States Supreme Court recently heard oral arguments related to Texas Department of Housing and Community Development (TDHCA) vs. Inclusive Communities Project (ICP), a case that is examining whether or not disparate impact is “cognizable” under the Fair Housing Act.

HUD

HUD Announces FY’14 CNI Planning Grants

HUD recently announced the FY 2014 Choice Neighborhood Planning Grant awardees. HUD is awarding $3.2 million in Choice Neighborhood Planning Grants.

HUD

HUD Releases New Report: Whom Does LIHTC Serve?

In a recent report Understanding Whom the LIHTC Program Serves, HUD examines several years of demographic and economic data on LIHTC tenants provided by state housing finance agencies through an annual data collection process mandated by HERA.

HUD

HUD Clarifies Tenant Protections for Projects with HUD-Assistance / LIHTC

HUD recently released new guidance regarding tenant protections for households when owners use both HUD-assistance (eg. Project-Based Section 8, Section 236, Section 202) and Low-Income Housing Tax Credits (LIHTC) financing.

HUD

HUD Proposes to Align Requirements for Certain Programs

HUD recently issued a Notice in Federal Register seeking to streamline requirements across the public housing and Section 8 (tenant- and project-based) portfolios.

HUD

UPDATE: HUD Releases Guidance on How Davis-Bacon Applies to Existing Housing

On December 23, 2014, HUD released a Notice detailing and clarifying its enforcement policy with respect to application of Davis-Bacon Wage and the second component of the RAD program.

congress-capitol

“Cromnibus” Funding Measure Approved by President, FY 15 HUD Budget Included

U.S. House of Representatives on Tuesday, December 9 introduced the so-called “Cromnibus” spending legislation, a $1 trillion bill that will fund most of the government through September 30, 2015. The measure combines a three-month continuing resolution (CR) for the Department of Homeland Security and 11 full spending bills for the remaining government agencies through the end of fiscal year (FY) 2015.

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