Federal / Agency News

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

The Florida Housing Finance Corporation (FHFC) recently released a draft Request for Applications (RFA) 2024-102 SAIL Financing for Smaller Permanent Supportive Housing Developments for Persons with Special Needs to their website, including and a draft of the excel Exhibit A.

Last week, the Senate passed the spending bill with an 87-11 tally, ending the threat of a government shutdown until after the holidays.

The Biden-Harris administration released a new resource to help take action to address homelessness, The U.S. Playbook to Address Social Determinants of Health.

HUD announced a new data-sharing agreement with the Federal Communications Commission (FCC) to support access to the Affordable Connectivity Program (ACP) by reducing barriers to enrollment.

The Community Development Financial Institutions (CDFI) Fund released an updated frequently asked questions (FAQ) document concerning compliance for the New Markets Tax Credit (NMTC) incentive.

The Pennsylvania Housing Finance Agency (PHFA) announced a reminder to submit the full nine percent application by Jan. 11, 2024 at 5:00 p.m. ET in both hard copy and electronic format.

There are 47 days between now and the end of the year and only two days until the government runs out of funding under the current continuing resolution (CR).

In Revenue Procedure 2023-2024 the Internal Revenue Service (IRS) increased the 2024 nine percent LIHTC ceiling to the greater of $2.90 multiplied by the state population or $3,360,000.

HUD’s Office of Community Planning and Development (CPD) issued Notice CPD-23-12 providing implementation guidance for Build America, Buy America (BABA) domestic sourcing requirements for CPD programs, including the HOME Investment Partnerships program and Housing Trust Fund.

The U.S. Department of Transportation (DOT) is hosting a series of webinars for audiences interested in the potential use of the Railroad Rehabilitation and Improvement Financing (RRIF) and Transportation Infrastructure Finance and Innovation Act (TIFIA) programs to finance transit-oriented development (TOD) projects, including commercial-to-residential conversions.

HUD and the Advisory Council on Historic Preservation (ACHP) announced that interested parties can apply for the 2024 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation award.

The Federal Housing Finance Agency (FHFA) announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) are $70 billion for each Enterprise, for a combined total of $140 billion to support the multifamily housing market.