General News

West Virginia

The West Virginia Housing Development Fund Issues New Proposal for LIHTC Allocation Plan

The West Virginia Housing Development Fund (WVHDF) has released a proposed 2013 and 2014 Allocation Plan that includes substantial changes from the 2012 Plan. 

Oregon

Oregon Schedules NOFA Feedback Session

The Oregon Housing and Community Services will be holding a work session for those interested in providing feedback of the 2013 multifamily housing NOFA draft scoring model on Friday, February 8 .

NH&RA News

CDFI Fund Releases Interim Rule Implementing Bond Guarantee Program

The Community Development Financial Institutions (CDFI) Fund recently released the interim rule for implementation of the CDFI Bond Guarantee program, which was established through Section 1134 of the Small Business Jobs Act of 2010.

HUD

HUD Seeks Comments on AHS Redesign

HUD recently issued a Federal Register Notice seeking public comment on the redesign of the American Housing Survey (AHS) for 2015 and beyond.

California

California Group Releases Report that Examines Building Affordable Housing Near Transit

The California Housing Partnership Corporation recently released a report entitled “Building and Preserving Affordable Homes near Transit: Affordable TOD as a Greenhouse Gas Reduction and Equity Strategy,” which assesses the existing research on the role of preservation and development of affordable housing in transit-oriented development (TOD) areas as a greenhouse gas (GHG) reduction strategy.

California

California Issues Clarification Regarding 2013 Regulation Changes

The California Tax Credit Allocation Committee has issued new guidance clarifying how land and existing improvement values will be considered in underwriting and competitive scoring. The guidance is applicable to all competitive applications.

New Jersey

NJ Governor Signs Bill to Improve Access to Affordable Housing for NJ Veterans

State Legislation to expand access to affordable housing for New Jersey veterans was signed into law on Monday by Governor Chris Christie.

congress-capitol

UPDATE: Hurricane Sandy Supplemental Appropriations Relief Bill Signed into Law

President Obama singed the Disaster Relief Appropriations Act of 2013 (H.R. 152) on January 29. H.R. 152, which passed the U.S. House of Representatives by a measure of 241-180 and the Senate by a margin of 62-36, was originally sponsored by House Committee on Appropriations Chairman Hal Rogers (R-KY) and will provide an additional $50.5 billion for recovery and rebuilding activities for regions impacted by Hurricane Sandy.

Minnesota

Minnesota Schedules Hearing for 2014-15 QAP

innesota Housing has released a draft of its 2014-2015 qualified allocation plan for public comment.

HUD

HUD Releases Model RAD Documents for Comment

HUD has issued a set of draft documents for public comment for its Rental Assistance Demonstration (RAD) Program.

HUD

HUD Opens Registration for the HUD Green Academy

Registration is now open for HUD’s Green Academy, a pilot initiative that will offer green building training to HUD grantees and other affordable housing organizations.

New York

New York Governor Proposes Extension to State Historic Tax Credit

New York Governor Andrew M. Cuomo in the 2013-2014 state executive budget and management plan proposed a five year extension to the state’s Historic Commercial Properties Rehabilitation tax credit program. The extension would provide assurance to developers who are rehabilitating historic commercial property, or are considering doing so, by extending the existing $5 million per project tax credit and would make the credit refundable beginning in tax year 2015.

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