Federal / Agency News

congress-capitol

New Markets Tax Credits Included In Stimulus Compromise

NH&RA New Markets Tax Credit Council is pleased to report that our sources indicate that that House & Senate Conferees have agreed to New Markets Tax Credit provisions from the Senate version of HR1: The American Recovery and Reinvestment Act of 2009.

congress-capitol

Senate Stimulus Compromise Includes LIHTC, NMTC, CEFAH and Other Housing Provisions; Passes Key Procedural Vote

Over the weekend Senate Democrats and several moderate Republicans negotiated a compromise version of HR1: The American Recovery and Reinvestment Act of 2009 that appears to be poised to pass the United States Senate on Tuesday. A key procedural vote to end debate on the measure passed the Senate on a 61-36 vote Monday evening (February 9).

HUD

HUD Updates Form to Encourage Use of Energy-Efficient Products

The U.S. Department of Housing and Urban Development (HUD) has updated HUD Form 9250 (Reserve Fund for Replacement Authorizations) with new language that requires owners/agents of HUD projects to indicate whether the requested withdrawal of replacement reserve funds will be used to replace appliances and/or major components with energy efficient products/systems.

HUD

HUD Final Rule Extends Maximum Term of Energy Performance Contracts

The U.S. Department of Housing and Urban Development (HUD) on January 26 published a final rule that amends the public housing operating fund regulations to reflect recent statutory changes regarding energy performance contracts for public housing properties.

Arizona

Arizona Amends LIHTC Utility Allowance Regulations

The Arizona Department of Housing has released a notice that summarizes proposed changes to the July 2008 IRS ruling that amends utility allowance regulations for the low-income housing tax credit (LIHTC) program.

congress-capitol

Want to Know Who Attends the NH&RA Affordable Housing Developers Conference and Annual Meeting?

The NH&RA Affordable Housing Developers Conference and Annual Meeting is the premier event for affordable housing and tax credit professionals. This year we are meeting March 11-15 at the Ocean Reef Club in Key Largo, Florida. Drawing a regional and national audience””this year’s program promises to be one of the compelling yet…

HUD

HUD Streamlines NOFA Funding Process

The U.S. Department of Housing and Urban Development (HUD) recently announced a new streamlined process for providing funding through its various grant programs. 

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