General News

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

Novogradac & Company recently issued an alert providing and update on the eligibility of exchanging GO Zone Credits using the Tax Credit Exchange Program.

Georgia’s Department of Community Affairs (DCA) has issued notice of guidance with respect to the application process and required documentation for the Tax Credit Assistance Program (TCAP) and the Tax Credit Exchange programs contained within the American Recovery and Reinvestment Act (ARRA).

NH&RA has recently updated its Digital Green & Sustainable Development Resource CD-ROM to include additional recordings and digital resources. This CD-ROM includes select session recordings and supporting materials including PowerPoint Presentations and Conference Book, digital copies of recent issues of Tax Credit Advisor (TCA) focusing on Green Design & Development (April 2008 & 2009) and Renewable Energy Incentives (August 2008), databases summarizing local, state & federal Green Incentives and QAP Requirements and more…

President Barack Obama recently announced his intention to nominate Mercedes Márquez, General Manager, Los Angeles Housing Department to serve as HUD Assistant Secretary For Community Planning and Development. We are pleased to announce that Ms. Márquez will be delivering our Keynote Luncheon Address for the 2009 Spring Developers Forum, May 11-12 at the Hyatt Regency Century Plaza, Los Angeles, California.

New York Governor David Paterson has announced $253 million in affordable housing grants through the American Recovery and Reinvestment Act. These nine New York projects are the first in the U.S. to receive funding through the Tax Credit Assistance Program (TCAP), one of the housing relief provisions contained in ARRA.

Minnesota Housing has announced changes and new timeline for the Agency’s requests for proposals.

The Indiana Housing & Community Development Authority has published draft policies and procedures for implementing the provisions in the American Recovery and Reinvestment Act (ARRA) establishing the new Tax Credit Assistance Program and low-income housing tax credit exchange program.

President Obama has nominated David Stevens to be the Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development.

The Iowa State Senate has approved Senate File 481, which provides a major expansion of the state’s historic preservation tax credit program.

President Barack Obama has announced his intent to nominate Mercedes Márquez as Assistant Secretary for Community Planning and Development at the U.S. Department of Housing and Urban Development.

The Senate Banking, Housing and Urban Affairs Committee (Chairman Dodd, D-Conn.) has scheduled a confirmation hearing for April 23 on pending nominations to Administrative positions.

The California Tax Credit Allocation Committee (TCAC) yesterday (April 16) issued a memo in response to public comments received on its proposed regulation changes related to the American Recovery and Reinvestment Act (ARRA). TCAC has considered all the comments and has finalized its recommendations to the Committee for adoption on April 30, 2009.