Federal / Agency News Category Archives

IRS Publishes Updated FAQ Document for HTC

The Internal Revenue Service (IRS) published an updated frequently asked questions (FAQ) document concerning the Federal Historic Tax Credit (HTC). The questions addressed what types of entities can claim the HTC, how and when the HTC can be claimed on a tax return key program definitions, qualified rehabilitation expenditures, basis and several other key aspects surrounding HTC.

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HUD Partially Reinstitutes Obama-Era AFFH Rule

HUD published an interim final rule, which partially restores the Affirmatively Furthering Fair Housing (AFFH) rules promulgated under President Barack Obama (D). The rule requires HUD grantees (PHAs, as well as state and local governments) to  regularly certify compliance with the Fair Housing Act’s AFFH requirement and, in doing so, commit to taking steps to remedy their unique fair housing issues. 

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USDA Seeks Applications for Placemaking Grants

The U.S. Department of Agriculture (USDA) is accepting applications for eligible entities to provide planning, training and technical assistance to rural communities to foster placemaking activities. 

USDA is making up to $3 million in cooperative agreement grants available under the Rural Placemaking Innovation Challenge (RPIC). Eligible entities may use the funds to help rural communities create plans to enhance capacity for broadband access; preserve cultural and historic structures; and support development in transportation, housing and recreational spaces. 

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HUD Hosts Emergency Rental Assistance Webinar

Join HUD, the National Low Income Housing Coalition and the Housing Initiative at Penn at 2 p.m. ET on June 10 for a webinar on the emergency rental assistance (ERA) programs throughout the country. The webinar will feature ERA tools from NLIHC and Penn, as well as insight into the lessons and recommendations they discovered in their research to best assist communities and priority populations. Register here.

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