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 Michigan State Housing Development Authority (MSHDA) opened the MI Neighborhood application, which consolidates nine targeted programs and funding to address the regional goals identified through the implementation of the Statewide Housing Plan

Judge Matthew Kacsmaryk of the U.S. District Court for the Northern District of Texas granted the injunction to extend the Community Reinvestment Act (CRA) final rule’s effective date—April 1—along with all other implementation dates.

MassHousing has closed on $5.8 million in financing to Rees-Larkin Development, LLC, and Berkshire Housing Development Corporation, for the first phase of the redevelopment of the former Eagle Mill property in Lee, which will create 56 new affordable apartment homes.

A new regulation allows owners of properties with financing from USDA’s Section 515 and 514/516 rental programs to apply cash to approved soft debt.

The Architectural Team (TAT) has announced strategic promotions for four longstanding team members.

A new Rural Housing Service rule requires owners of Section 515 and 514/516 rental properties to give tenants written notification at least 30 days before terminating a lease or taking eviction actions.

The Housing Authority of the City of Los Angeles (HACLA) closed on a first-of-its-kind financing totaling $70.8 million to support the creation and operation of 459 units of permanent supportive affordable housing for unhoused families in the City of Los Angeles. 

The DC Department of Human Services (DHS) reopened its Emergency Rental Assistance Program (ERAP) application portal on April 1.

USA Properties Fund hosted a grand opening celebration for The Canopy Apartments at Powell, a much-needed apartment community close to public transportation, schools and several shopping centers in east Portland.

The California Tax Credit Allocation Committee (TCAC) published the final proposed regulation changes following its Feb. 26, 2024 proposed regulation changes.  

HUD published the 2024 Income Limits, which determine eligibility for assisted housing programs, including the Public Housing, Section 8 project-based, Section 8 Housing Choice Voucher, Section 202 housing for the elderly and Section 811 housing for persons with disabilities programs, as well as Multifamily Tax Subsidy Project (MTSP) income limits that determine eligibility for LIHTC and tax-exempt private activity bond (PAB)-financed properties.

HUD published the Annual Adjustment Factors (AAFs) for Fiscal Year (FY) 2024. AAFs are used to adjust rents for housing assistance payments (HAP) contracts.