Federal / Agency News

HUD

HUD’s PD&R Publishes Reports on Detroit, Chicago, Fort Worth and Others

54 location-based analyses have been published in 2016 representing areas across the country.

Treasury

Mnuchin Proposes Housing Market Changes With Mixed Response

President-Elect Trump’s designated Treasury Secretary Steven Mnuchin has proposed capping the Mortgage Interest Rate Deduction as well as reforming Fannie Mae and Freddie Mac in a recent CNBC interview.

HUD

President-Elect Trump Nominates Ben Carson as HUD Secretary

If confirmed as HUD Secretary, the cabinet position will mark Dr. Carson’s first time holding political office.

HUD

Extended Short-Term CR Likely, Leaves Questions for HUD Funding

Another Continuing Resolution would allow legislators to negotiate a year long FY-2017 spending bill with President-Elect Trump rather than with President Obama.

NH&RA News

NH&RA Encourages Members to Join Sign-On Letter in Support of LIHTC, Signatures Due Dec. 2

The ACTION Campaign has drafted a letter to the Trump Administration and Congress voicing support for the Low-Income Housing Tax Credit. As an ACTION Member, NH&RA is proud to be a signatory of the letter and we urge all our members and partners to sign-on as well.

HUD

RAD Resource Desk Offers First Component Data

HUD has recently published accessible data to the RAD Resource Desk website.

congress-capitol

Early Reflections on the 2016 Election

It will take some time to fully digest the results from last night’s election but I wanted to share some initial thoughts on what this may mean for our industry.   Whether you are a Republican or Democrat we must collectively figure out a way to come back from the divisive politics that characterized this election.  […]

HUD

HUD Releases FY 2016 RAD Data: 201 Properties Completed

2016 has been the most productive year in the program’s short history.

HUD

HUD Amends LIHPRHA Statute Allowing for Unlimited Surplus Cash Distribution

HUD’s Office of Multifamily has recently published the amended and restated use agreement for projects subject to the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA).

General News

CDFI Fund Releases Draft 2016 Allocation Agreement Closing Document

NH&RA’s New Markets Tax Credit Council will be hosting a call in the near future to discuss these changes and looks forward to your contributions towards a comment letter. Read on for a summary of changes.

HUD

HUD Solicits Comment on Draft of Multifamily Asset Management and Project Servicing

Multifamily Housing has released five draft chapters of Multifamily Asset Management and Project Servicing – HUD Handbook 4350.1.

HUD

NLIHC Releases Publication on Housing Choice Vouchers and Public Housing Waitlists

Yesterday, the National Low Income Housing Coalition (NLIHC) released Housing Spotlight: A Long Wait for a Home — a report that analyzes the current state of Housing Choice Vouchers (HCV) and public housing waiting lists across the country.

[Page 152 of 186 ]