Darryl Hicks Author Archives

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Housing Needs Assessment is available for public comment through Monday, September 24, 2018. Kentucky Housing Corporation is receiving written comments to obtain public input. The Housing Needs Assessment is available for review on KHC’s website under Resources, Planning Documents, Affordable Housing Studies and Research. Please email written comments to corpplanreport@kyhousing.org by Monday, September 24, […]

Minnesota Housing Finance Agency released a draft 2019 Affordable Housing Plan (AHP) for public comment. The 2019 AHP will be MNFA’s business plan for the upcoming year, outlining program and policy initiatives for the year and resources to be allocated. Your feedback is critical for developing an effective plan. Submit your comments to mn.housing@state.mn.us by 2:30 p.m. on Friday, September 7. […]

Due to last week’s release of the Developer fee worksheet and its applicability to current open Notices of Funding Availability (NOFA), the California Department of Housing and Community Development is extending the deadlines for National Housing Trust Fund Program (NHTF) and HOME Investment Partnerships Program (HOME) application deadlines as follows: For NHTF Applicants: New application […]

Ohio Housing Finance Agency published the following updates for property owners who are interested in utilizing the Income Averaging (AI) set aside. Final IA Policy. Final IA election requirements are new set forth in the 2019 Technical Amendments to the Qualified Allocation Plan and cover topics like opt-in timing, resyndication implications, design requirements, and compliance […]

The California Department of Housing and Community Development (HCD) issued Administrative Notice 18-02 clarifying developer fee calculations under Section 8312 of the 2017 Uniform Multifamily Regulations (UMR). You can also access HCD’s new 2017 UMR Developer Fee Calculator worksheet and the Supportive Services Cost form.

The Arizona Department of Housing published its first draft of the 2019 Qualified Allocation Plan (QAP). Download the Information Bulletin for additional information. Comments can be emailed to rental-qap@azhousing.gov, but they must be received by September 14, 2018 at 5:00 p.m.

Asset managers make sure affordable housing produces the expected benefits. It’s the job of the asset manager to maximize the performance of affordable housing assets by delivering tax credits to investors, debt service to lenders, cash flow to owners and equity partners, compliance to regulators and quality housing to residents.

Exciting things are happening in Oregon. The Beaver State may well now be the model for a progressive push for affordable housing.

Boston’s vibrant neighborhoods, cultural assets, productive workforce, innovative businesses and renowned hospitals and universities have spurred an era of rapid growth.

Headquartered in the Kansas City suburb of Overland Park, KS, Cohen-Esrey has evolved over its 24-year history from being a small property manager to one of the Midwest’s largest real estate firms focused on historic rehabilitation and affordable housing development.

When Shaun Donovan became Secretary of Housing and Urban Development in 2009 he was determined to find new ways to preserve at-risk public and assisted-housing developments. So he turned to Patrick Costigan, a 30-year veteran of affordable housing and community development and a senior vice president at The Community Builders, a Boston-based nonprofit developer and property owner, to help redirect the effort.

Preservationists were jubilant when they learned that the Federal Historic Tax Credit (HTC) would be saved from the chopping block in the final version of the tax reform bill negotiated by Congress and signed into law by President Trump in December.