Caitlin Jones Author Archives

Harvard Joint Center for Housing Studies Releases New Report at Washington Event

On December 9, 2013, the Joint Center for Housing Studies of Harvard University (JCHS) released a new report on U.S. renters and rental housing characteristics, conditions, and trends during an event at the Newseum in Washington, D.C. The report, America’s Rental Housing: Evolving Markets and Trends, describes how the 2008 recession has impacted rental housing trends. Currently, there are 43 million rental households, representing 35% of Americans — the highest rate in more than a decade. Additionally, a disproportionate amount of lower-income families and individuals living in rental housing pay an excessive share of their income towards rent. Because of the vast changes in housing, many consider America to be experiencing the worst crisis today in renter affordability.

HUD Previews New Energy Efficiency Incentives for Affordable Housing Owners

On December 3, 2013 HUD previewed to NH&RA a series of new incentives and policy flexibility for owners of multifamily affordable housing properties that commit to making portfolio wide energy efficiency commitments through the Administration’s Better Buildings Challenge. HUD has developed these incentives to address the market and policy barriers that owners experience in greening their properties. The underlying policy will be issued in a separate and forthcoming Implementation Memo, to be released in FY-2014.

Congressional Tax Reform Proposal Creates Major Changes to LIHTC, HTC, & Energy Tax Credits

On Wednesday February 26, House Ways & Means Committee Chairman Dave Camp (R-Mich.) released his long-awaited draft Tax Reform Act of 2014. The draft legislation contains many significant provisions relating to the Low-Income Housing Tax Credit and would also repeal the Historic Rehabilitation Tax Credit and various renewable energy credits.

NH&RA Announces Pennsylvania “Preservation Through Energy Efficiency” Event, a Major Energy Efficiency Initiative Supported by the MacArthur Foundation

WASHINGTON, DC ““Â National Housing & Rehabilitation Association (“NH&RA”) will convene its first Preservation Through Energy Efficiency Road Show (“Road Show”) on April 3 at the Hub Cira Centre in downtown Philadelphia, PA….

Rep. Neal Introduces Bill to Permanently Extend NMTC

A recently introduced bill (H. R. 3939) in the U.S. House of Representatives would amend certain provisions of the Internal Revenue Code, including a permanent extension of the New Markets Tax Credit (NMTC) program, in order to stimulate economic investment and create jobs…