General News

The Iowa Finance Authority is hosting a Mandatory Housing Tax Credit Developer Training on Monday, October 19. Attendance is mandatory for developers planning to submit an application for 2016 Housing Tax Credits. The project developer or developer’s representative must attend the training. The training will be held at DMACC Southridge Center, 1111 E Army Post […]

IHC’s review of the 2016 QAP Draft changes is now available here for download: IHC QAP Review Changes Presentation. IHC will discuss the changes with representatives from IHDA and gather feedback for IHC’s written comments on September 30th at RBC Capital Markets. We had a great conversation and received helpful feedback during our Springfield luncheon […]

Florida Housing will hold a Preservation Request for Applications (RFA) workshop on October 7, 2015, beginning at 2:00 p.m., Eastern Time. The workshop will be held to solicit comments and suggestions from interested persons relative to Florida Housing’s proposed Request for Applications (RFA) 2015-111 offering an estimated $5,901,631 of Housing Credit financing for the Preservation […]

CDHCD announces the availability of approximately $1 million in funding for the 2015 Drought Housing Relocation Assistance Program (DHRA). In response to the Governor’s declaration of a drought state of emergency via Executive Order B-29, dated April 1, 2015, HCD is providing temporary assistance for persons moving from their current residence, if it lacks reasonable […]

Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the proposed 2016 HOME Action Plan and the Housing Credit Qualified Allocation Plan (Plans) for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing […]

HUD released answers to frequently asked questions about a recent notice that outlines a new methodology for completing a multifamily housing utility allowance.

Freddie Mac Multifamily is encouraging energy efficiency and affordability in apartment properties and strengthening the market for green investments by offering a Green Rebate to borrowers on qualified property loans who voluntarily provide an ENERGY STAR® score with their loan documents.

Massachusetts Housing Investment Corporation announced closing of a $3.6 million low-income housing tax credit investment for new construction of affordable rental housing in Cambridge, Mass.

The Community Builders is using $15.6 million in MassHousing financing to renovate a property in Lincoln, MA, that includes 72 apartments that are affordable to lower-income families through the LIHTC program.

HUD and Enterprise released the Ready to Respond: Disaster Staffing Toolkit, which guides affordable housing organizations through the process of building an emergency plan that ensures business continuity, engages residents, and protects properties.

The Federal Housing Finance Agency is required to set annual housing goals for mortgages purchased by Freddie Mac and Fannie Mae. FHFA established the 2015-17 goals in a final rule.

HUD released a new Section 8 Renewal Policy Guide containing comprehensive guidance for renewing expiring Section 8 Housing Assistance Payment (HAP) contracts. The guide includes some policy changes, which will be effective for all renewal or amend rent packages received by the Department after November 5, 2015.