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NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

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

NH&RA News

USDA Outlines Rural Voucher Program for FY 2015

A recent notice in the Federal Register outlines how U.S. Department of Agriculture (USDA) will operate the Rural Development Voucher Program in FY 2015.

HUD

HUD RAD Hosts Relocation Training for 1st Component Conversions

On March 24, 2015, from 2:00-4:00pm EST, the U.S. Department of Housing and Urban Development Rental Assistance Demonstration (RAD) Team will offer a training on the relocation rules applicable to 1st Component public housing conversions.

Member News

Bank of America Merrill Lynch Provided More Than $3.2B in Community Development Financing in 2014

Bank of America Merrill Lynch Community Development Banking provided more than $3.2 billion in loans, tax credit equity investments and other real estate development solutions to over 550 clients in 2014, creating more than 13,000 housing units for individuals, families, seniors, students, veterans and other at-risk groups across the country.

ahtcc

Nominations Open for 21st Annual Charles L. Edson Tax Credit Excellence Awards

The Affordable Housing Tax Credit Coalition (AHTCC) is accepting entries for the 21st Annual Charles L. Edson Tax Credit Excellence Awards. This national awards program celebrates the best in affordable rental housing development. Projects must have been placed in service on or after Jan. 1, 2012.

HUD

HUD Awards 25 State Agencies $150M in Rental Assistance for Extremely Low-Income Persons With Disabilities

The U.S. Department of Housing and Urban Development announced it awarded $150,369,989 in rental assistance to 25 state housing agencies. The awards will support the state agencies in providing permanent affordable rental housing and supportive services to extremely low-income persons with disabilities.

HUD

HUD Announces FY 2015 Income Limits

The U.S. Department of Housing and Urban Development released FY 2015 Income Limits. The income limits determine who’s eligible for HUD assisted housing programs.

congress-capitol

Senate Introduces Legislation for Permanent NMTC

U.S. Senator Roy Blunt (R-MO) introduced legislation to make the New Markets Tax Credit (NMTC) program permanent, provide an annual allocation of credits indexed to inflation, and exempt NMTC investments from the Alternative Minimum Tax.

HUD

AHF Top 25 Affordable Housing Lenders Highlights NH&RA Members

Affordable Housing Finance released its list of the top affordable housing lenders for 2014. Seventeen NH&RA members were included on the list, with Citi Community Capital in the #1 spot for the sixth year in a row.

NH&RA News

Submissions to ULI Housing Awards Competitions due March 16

The Urban Land Institute (ULI) is seeking submissions for The Jack Kemp Excellence in Affordable and Workforce Housing Awards and The Robert C. Larson Housing Policy Leadership Awards.

Member News

CREA Hires Mike Boyle as VP of Acquisitions for SE Territory

City Real Estate Advisors, Inc. announced that Mike Boyle has joined the organization as Vice President of Acquisitions. Boyle will be responsible for identifying, structuring, and closing affordable housing equity opportunities with a focus on the Southeastern region of the United States.

NH&RA News

National Park Service Releases Results of FY 2014 HTC Investments

The National Park Service (NPS) released its Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2014 and a supplementary Statistical Report and Analysis for Fiscal Year 2014.

Member News

NH&RA Board of Directors Elects New Directors and Officers at Annual Meeting in Key Largo, FL, February 18-21

Jerome “Jerry” Breed, Partner at Bryan Cave in the Washington, DC office, was recently elected Chairman of the Board of Directors of the National Housing & Rehabilitation Association (NH&RA) at its Annual Meeting in Key Largo, Florida.

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