Kaitlyn Snyder Author Archives

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

The Supreme Court of the U.S. (SCOTUS) issued a temporary stay on a lower court ruling seeking to overturn the federal eviction moratorium issued by the Centers for Disease Control and Prevention (CDC). The eviction moratorium will remain in place through July 31, 2021.  

NH&RA sent a letter to the Senate Committee on Banking, Housing and Urban Affairs supporting the nomination of Julia Gordon as Federal Housing commissioner/assistant secretary for housing at HUD. The committee will consider Gordon’s nomination after they return from the Independence Day recess next week.  

HUD published a notice in the Federal Register extending the period by 180 days for which certain 2019 and 2020 qualified census tracts (QCTs) and difficult development areas (DDAs) are effective for purposes of the LIHTC. The notice, in response to the COVID-19 pandemic and presidentially declared emergency, extends the eligibility period from 730 days to 910 days for properties in QCTs and DDAs that are not on subsequent lists of QCTs and DDAs and that submitted applications while the area was a 2019 or 2020 QCT or DDA.

HUD published a list of all the waiver requests it granted in the first quarter of 2021 for the offices of Community Planning and Development, Office of Housing and Office of Public and Indian Affairs. For further information about the regulatory waivers, please see the name of the contact person that immediately follows the description of the waiver granted.

A new report from the National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation examines the locations of project-based federally assisted properties in relation to risks for 18 types of natural hazards ranging from flooding and hurricanes to earthquakes and wildfires. One-third of federally assisted homes are in areas at very high or relatively high risk for negative impacts from natural hazards compared to one-quarter of all renter-occupied homes and just 14 percent of owner-occupied homes. 

A new property tax incentive passed the Illinois General Assembly in the landmark affordable housing omnibus and is now on to Governor JB Pritzker (D) for signature. The incentive establishes tiers of affordability and property tax relief

The Federal Home Loan Bank of Pittsburgh is encouraging applicants of its Affordable Housing Program (AHP) to initiate their application by July 9. Applicants will receive a link to the bank’s recorded AHP Tips Webinar. Applications are due by 5 p.m. ET on August 10. For more info, please see the Technical Guide for Sponsors or Technical Guide for Members. If you have questions about the AHP application process, please contact ahp@fhlb-pgh.com.

The Alabama Housing Finance Authority will hold a hearing on its draft 2022 QAP, draft 2022 HOME action plan and draft 2022 National Housing Trust Fund allocation plan at 10 a.m. ET on July 28 CT at the Hampton Inn & Suites – Eastchase (7651 Eastchase Parkway, Montgomery, AL 36117). Comments can be sent via the 2022 plan comment form by 5 p.m. ET on August 27. 

HUD is allowing states to combine their 2020 AND 2021 Pilot Recovery Housing Program Action Plan submissions. Accordingly, the Arizona Department of Housing combined its 2020 and 2021 plans and is accepting comments through July 16. Comments should be sent to publiccomment@azhousing.gov.

Florida Housing will host a workshop on its RFA 2021-205 SAIL Financing of Affordable Multifamily Housing Developments To Be Used In Conjunction With Tax-Exempt Bonds And Non-Competitive Housing Credits on July 13 at 2 p.m. ET. The workshop will be held both in person at Florida Housing’s office (227 N. Bronough Street Tallahassee, FL 32301) and via webinar. Register here to attend via webinar.

Florida Housing posted new drafts of the LIHTC Geographic RFAs and Development Cost Pro Formas.  Each RFA Webpage also includes a comparison document outlining the changes between the last posted draft and the new draft.

The Illinois Housing Development Authority (IHDA) released the 2022-2023 draft QAP. IDHA will hold a public hearing at 10 a.m. CT on July 20. Comments should be sent to qapfeedback@ihda.org by 5 p.m. CT on July 30.