Federal / Agency News

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

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

General News

RAD Collaborative Release Update/Special Edition Report 

The RAD Collaborative recently released a special report that highlights some outcomes for properties and residents under the RAD program.

HUD

HUD Issues BABA Implementation Guidance  

HUD recently issued PIH Notice 2024-01 providing guidance to PHAs regarding the Buy America Preference (BAP) requirement of the Build America, Buy America Act (BABA).

congress-capitol

Urgent Advocacy Needed on AHCIA 

Congress returns this week to address government funding deadlines set for January 19 and February 2.

Treasury and IRS Provide Guidance for Clean Energy Producers

The Department of the Treasury and the Internal Revenue Service issued Notice 2024-9 that provides procedures for applicable entities to claim the statutory exception to the application of the phaseouts for elective payment projects that begin construction during calendar year 2024 that fail to satisfy the domestic content requirement.

congress-capitol

New Year, Same Congressional To-Do List

Happy New Year! Both the House and Senate remain in recess this week. When they return next week, they’ll have just ten legislative days ahead of the first of two FY 2024 continuing resolution deadlines on January 19.

congress-capitol

New Year, Same Congressional To-Do List

Happy New Year! Both the House and Senate remain in recess this week. When they return next week, they’ll have just ten legislative days ahead of the first of two FY 2024 continuing resolution deadlines on January 19.

General News

Treasury and IRS Provide Guidance for Clean Energy Producers

The Department of the Treasury and the Internal Revenue Service issued Notice 2024-9 that provides procedures for applicable entities to claim the statutory exception to the application of the phaseouts for elective payment projects that begin construction during calendar year 2024 that fail to satisfy the domestic content requirement.

IRS

Treasury and IRS Release Proposed Regulations for Production Tax Credit

The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations regarding the Production Tax Credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code

Federal Housing Finance Agency

FHFA Announces Increase to LIHTC Cap for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (The Enterprises) are each allowed to invest up to $1 billion annually (originally $850 million) in LIHTC equity beginning in 2024.

HUD

Deadline Extended for ACHP/HUD Secretary’s Award for Excellence

The Advisory Council on Historic Preservation (ACHP), in partnership with HUD, recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation through the Secretary’s Award for Excellence in historic preservation.

HUD

HUD Announces $173 Million in GRRP Awards

HUD announced that it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP) Comprehensive and Elements categories.

General News

Affordable Housing Credit Improvement Act Reaches 200 Co-Sponsors in the House

The Affordable Housing Credit Improvement Act achieved a major milestone – 200 co-sponsors within the House of Representatives (H.R. 3238).

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