General News

NH&RA News

Brookings Explore Census Migration Statistics

A recent article by the Brookings Institution entitled A Demographic Lull for U.S. Migration at Census Time explores the slowdown in interstate migration in United States The areas that have been hit hardest are the Sun Belt cities that saw significant mid-decade population growth.

California

CDFI Fund Schedules Listening Sessions Around Authorizing Statute

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund has announced that it is undertaking a holistic review of its authorizing statute and has scheduled a series of “listening sessions” to generate discussion and interest among CDFI stakeholders.

Oklahoma

HUD Releases Housing Market Analysis for Oklahoma City

The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a comprehensive housing market analysis report for the Oklahoma City market region.

Minnesota

Minnesota Enacts Historic Tax Credit Law

Minnesota Governor Tim Pawlenty early this month signed into law the Minnesota Jobs Stimulus Bill (House File 2695

NH&RA News

2010 New Markets Tax Credit Program Now Open

The U.S. Department of the Treasury has announced the opening of the 2010 competitive round for tax credits under the New Markets Tax Credit (NMTC) Program.

congress-capitol

Senator Sends Letter Urging Extenders Negotiations

Earlier this month, U.S. Senator Blanche Lincoln (D-AR) sent a letter to Senate Majority Leader Harry Reid and Speaker of the House of Representatives Nancy Pelosi urging them to complete Senate-House negotiations of H.R. 4213, the American Workers, State, and Business Relief Act of 2010, also referred to as the tax credit extenders package.

California

California Passes Tax Law

California state lawmakers recently passed legislation (S.B. 401) to conform state tax law to federal changes made since 2005.

Florida

NCAHMA Plans Market Study Training in Florida

The National Council of Affordable Housing Market Analysts will be conducting market study traning for tax credit staff of the Florida Housing Finance Commission, the state’s administrative body for the low-income housing tax credit program.

NH&RA News

2010 New Markets Tax Credit Symposium: Select Recordings Now Available

Did you miss the 2010 Affordable Housing Conference & NH&RA Annual Meeting in Miami Beach, March 11-13? Don’t worry! NH&RA has made available digital audio recordings of select sessions from this year’s program!

Minnesota

Minnesota Releases Proposed Revisions for 2011 QAP

The Minnesota Housing Finance Agency has released a notice of proposed revisions to 2011 low-income housing tax credit program, QAP and procedural manual.

Maine

Maine Housing Director Re-Nominated for Second Term

he Maine State Senate has approved Governor John Baldacci’s nomination of Dale McCormick to serve a second four-year term as Director of MaineHousing, the state’s administrator of the low-income housing tax credit program.

Louisiana

Louisiana Agency Announces 2010 LIHTC Application Timeline

The Louisiana Housing Finance Agency (LHFA) has announced its tentative timeline for 2010 LIHTC applications. LHFA’s draft 2010 qualified allocation plan (QAP) will be presented to its Board for approval on June 19.

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