Kaitlyn Snyder Author Archives

congress-capitol

House Appropriations Committee Approves FY 2022 HUD Funding

On Friday, the full House Appropriations Committee approved FY 2022 funding for HUD with a 33-24 vote. The bill includes $56.5 billion in HUD funding, a $6.8 billion (12 percent) increase over FY 2021. If enacted in its current form, several programs would see substantial increases over FY 2021 levels. This includes $500 million in additional funding for the HOME program, a $545 million for project-based rental assistance contracts (sufficient to renew all PBRA contracts), $3.4 billion in additional tenant-based rental assistance ($1 billion of which would be set aside for new vouchers) and $1.2 billion in additional funding for CDBG. 

California

Newsom Names Tiena Johnson Hall CalHFA Executive Director

California Gov. Gavin Newsom (D) announced the appointment of Tiena Johnson Hall as the new executive director of the California Housing Finance Agency (CalHFA). 

Johnson Hall, a member of CalHFA’s Board of Directors since November 2014, has served as a senior vice president and manager of community development finance for BBVA Compass Bancshares Inc. since October 2014. Prior to that, she held various housing positions in both the private and public sectors. 

Pennsylvania

Pennsylvania Budget Includes $50 Million for Construction Cost Relief Program, Increases to State Credits

The fiscal year 2021/2022 Pennsylvania state budget includes funding for the development of affordable rental housing in three main program areas: 

QAP Alabama

Alabama 2022 QAP Hearing – July 28

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 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.

QAP Arizona

Arizona Makes $21 Million in Gap Funding Available for Four Percent LIHTCs

The Arizona Department of Housing released a 2021-2022 State Housing Fund Notice of Funding Availability (NOFA). Projects financed with four percent LIHTCs will be eligible for up to $2,000,000 in gap financing from the State Housing Fund. In addition to State Housing Trust Funds, National Housing Trust Funds are also available, making almost $21 million dollars available under this NOFA.

QAP Florida

Florida Hosts Meeting on Rental Housing for Persons with Special Needs and Homeless Households – Aug. 10

Florida Housing will hold a virtual meeting titled, “Florida Housing’s Strategies for Financing Permanent Rental Housing for Persons with Special Needs and Homeless Households” on August 10, 2021, beginning at 2 p.m. ET. Register here. The meeting’s agenda will include: 

QAP Illinois

Comments on Illinois’s 2022-2023 Draft QAP due July 30

The Illinois Housing Development Authority (IHDA) released a revised 2022-2023 draft QAP. IHDA will hold a public hearing on July 21 at 1:30 p.m. ET. Join via this link. Comments should be sent to qapfeedback@ihda.org by 5 p.m. CT on July 30.

Louisiana

Louisiana Approves 2022-2023 QAP

The Louisiana Housing Corporations board of directors unanimously approved a resolution to adopt the state’s 2022-2023 QAP. The most recent draft is available here, the final document will be released to the public by August 1. The board also approved the election of Anthony “AP” Marullo, III as chairman and Tonya P. Mabry as vice-chairwoman.

QAP Maryland

Maryland Extends EOY Reporting Deadline, Re-Opens Portal

The Maryland Department of Housing and Community Development is re-opening its submission portal for end of year (EOY) reporting through August 2. A list of all properties subject to 2020 EOY Data Submission is available here.

QAP Michigan

Michigan Posts 2021 LIHTC Reservations

The Michigan State Housing Development Authority posted the Reservations for the February 1, 2021 LIHTC Funding Round.

QAP Montana

Montana Holds ARAP Commission Meeting – July 21

Montana’s American Rescue Plan Act (ARPA) Economic Transformation, Stabilization and Workforce Development Advisory Commission Meeting will meet on July 21, 2021, at 9 a.m. until 3:15 p.m. MT in the State Capitol. The meeting will be held in Room 137 and will also be live-streamed. To join the meeting via Zoom, please email Bonnie Martello at bmartello@mt.gov to register. 

QAP New Hampshire

New Hampshire Updates Replacement Reserve Policy

New Hampshire Housing Finance Authority (NHHFA) updated its replacement reserve policy, effective immediately. Key changes include:  

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