Federal / Agency News

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

NH&RA is pleased to announce that it has extended its early registration for the 2009 Fall Developers Forum, November 2-3, 2009 at the Taj Hotel in Boston. Register by Wednesday, September 30 and save $100 off your conference registration fee.

The Florida Housing Finance Corporation has published its draft strategic housing plan to provide a clear framework for policy and operation decisions at FHFC.

The Government Accountability Office (GAO) recently released a report that addresses the need to establish and implement a plan to expand linkages between affordable housing and transit-oriented development.

The Internal Revenue Service has issued a notice of changes to Revenue Procedure 2007-65, which establishes safe harbor requirements for the allocation of Section 45 wind energy production tax credits by partnerships.

Even in bad times, there are many opportunities available for the knowledgeable, well-informed developers. The NH&RA membership is comprised of the most creative and progressive thinkers in the industry. Join us at our Fall Developers Forum in Boston, November 2-3 to learn how your business can benefit now from new programs and new ideas.

If you missed NH&RA’s 2009 New Markets Tax Credit Symposium, July 29 in Woodstock, Vermont, you can still purchase conference materials and audio recordings of the entire day!

The Law Firm Ballard Spahr recently issued an alert on a interesting provision from the American Recovery & Reinvestment Act that allows tax payers to defer cancellation of indebtedness income.

National Housing & Rehabilitation Association is pleased to announce we have launched our very own You Tube Channel. We will be using the HousingOnline Channel to share highlights from NH&RA Conferences & Events as well as ‘tag’ interesting affordable housing, LIHTC, NMTC and Historic Rehabilitation video content from across You Tube. Click here to subscribe to the HousingOnline Channel today.

Sen. Jay Rockefeller (D-W.V.) has introduced legislation (S. 1583) that would extend the New Markets Tax Credit for five years and provide $5 billion in annual NMTC allocation authority.

If you missed the 2009 Summer Institute in Woodstock, VT you can still purchase conference materials and video and/or audio recordings of select sessions.

NH&RA pleased to announce we will be returning to the Taj Hotel (formerly the Ritz-Carlton) for our Annual Boston Fall Developers Forum November 2-3, 2009. This is a can’t miss event for developers and affordable housing professionals looking to get the latest updates on state-of-the-art transactions and breaking news from the Congress, HUD and HFAs.
Online registration is now open and the hotel is taking reservations at our group rate. Click here to register online.

Tax Credit Advisor, July 2009: The Historic Tax Credit Coalition, an advocacy group, has crafted a package of proposed legislative changes to the federal historic rehabilitation tax credit program it hopes Congress will pass later this year. The prospects for passage are currently unclear.