Jessica Hoefer Author Archives

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

The Connecticut Housing Finance Authority posted frequently asked questions to its 2024 Housing Tax Credit Contribution (HTCC) program.

The Nebraska Investment Finance Authority will hold Q&A workshops on its 2025 nine percent application on April 24 and May 3 at 1 p.m. and 1:30 p.m. CT, respectively.

Boston Financial announced it has been ranked the largest LIHTC multifamily housing syndicator for the fourth consecutive year by National Multifamily Housing Council (NMHC).

On Monday, the U.S. Supreme Court heard oral arguments in City of Grants Pass, Oregon v. Johnson.

HUD announced an increase in deductibles for wind and named insurance coverage for multifamily properties financed with FHA-insured mortgages as a measure to address rising wind and storm insurance costs in recent years with extreme weather events expected to continue.

The Environmental Protection Agency (EPA) awarded grants under the $7 billion Solar for All program, which will create or expand existing low-income solar programs.

The decoupling of rental assistance from Section 514/515 loans under the Consolidated Appropriations Act of 2024 will now permit properties with Section 514/515 maturing mortgages to continue to receive rental assistance to further preserve affordable housing. A stakeholder engagement session is being held on April 25 at 2 p.m. ET and those interested in participating are encouraged to register.

Senate, House Hold FY 2025 HUD Appropriations Hearings – April 30 & May 1 

On April 16, the Housing, Transportation and Community Development Subcommittee of the Senate Committee on Banking, Housing and Urban Affairs held a hearing on Challenges in Preserving the U.S. Housing Stock.

Eugene Jones Jr. has been appointed executive director of the Virgin Islands Housing Finance Authority. Jones most recently served as executive director of the Atlanta Housing Authority and brings to his new role decades of experience working in housing agencies in cities, such as Chicago, Toronto, New Orleans and Detroit

The Senate Committee on Banking, Housing and Urban Affairs will hold an Oversight of Federal Housing Regulators hearing on April 18 at 10 a.m. ET. HUD Acting Secretary Adrianne Todman and Federal Housing Finance Agency (FHFA) Director Sandra Thompson will testify.

Merchants Capital announced that it has expanded its executive leadership team with the promotion of Chris Messmann to executive vice president.