Thomas Amdur Author Archives

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

On May 21, the full House Committee on Appropriations approved the fiscal year (FY) 2015 appropriations bill for the Department of Transportation, Department Housing & Urban Development (HUD) and Related Agencies by a vote of 28-21. There were no material amendments adopted in full committee markup.

All conference materials, PowerPoint presentations, relevant articles, reports, memos, etc. from the 2014 Spring Developers Forum are available below under the relevant session titles.

The Senate Banking Committee on Thursday, May 15 endorsed the Housing Finance Reform and Taxpayer Protection Act of 2013 (S. 1217), by a bipartisan vote of 13-9.

Last week, Maryland affordable housing advocates celebrate the success of the Multifamily Rental Housing Programs Efficiency Act (HB 453), legislation that will reduce municipal barriers to rental housing production. Advocates also succeeded in securing $25.73 million for the Rental Housing Works (RHW) program, the highest level of funding for the program in its history.

The U.S. House of Representatives Transportation-HUD (THUD) Appropriations Subcommittee on May 5, 2014 released its draft fiscal year (FY) 2015 appropriations legislation for the Department of Housing and Urban Development (HUD).

QAP Deadlines

Minnesota: Minnesota Housing announced the availability of an estimated $70 million in funding through the 2014 consolidated Request for Proposals (RFP) and $12.5 million in 2015 Housing Tax Credits (Round 1).

Early this week New York City Mayor Bill de Blasio announced his highly anticipated affordable housing plan entitled, “Housing New York: A Five-Borough, Ten-Year Plan”.

Story Update April 30, 2014: This past week, Senate Majority Leader Harry Reid (D-NV), said that he will soon have the Senate vote on the EXPIRE Act. The bill made it out of the Senate Finance Committee with broad bipartisan support on April 3, and industry experts expect it to pass the full Senate with […]

The National Council of Housing Market Analysts (NCHMA) today released a new supporting document to the organization’s Model Content Standards for Rental Housing Market Studies (Model Content). NCHMA’s Model Content offer a set of recommendations for standardized terminology, content, and level of analysis for market studies.

Representative Charles Rangel (D-NY) recently introduced the Renters Tax Credit Act of 2014 (HR 4479), which would provide a tax credit to apartment owners and lenders that subsidize the cost of lower rents for low-income households.

Freddie Mac recently announced a new initiative aimed at broadening the availability of financing for affordable rental properties financed with tax-exempt bonds, in order to keep rental housing affordable for low-income families. The Direct Purchase of Tax-Exempt Loans “program” will increase the liquidity needed for more affordable housing while creating investment opportunities for investors.

NH&RA is pleased to announce that registration is now open for our 2nd Preservation Through Energy Efficiency (PTEE) Road Show. Join us in Denver, Colorado on July 14 at the PPA Event Center, which is located in the heart of the Highlands neighborhood and just minutes from downtown Denver.