General News
NMTC Council Prioritizes 2010 Agenda
NH&RA’s New Markets Tax Credit Council recently identified priorities and formulated its agenda of activities for 2010. Principal among them, the Council will continue to push for a multi-year extension of the NMTC Program.
White House FY 2011 Budget Calls for Funding Reductions at HUD
On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st.
Donovan Announces HUD Directors for Southeast, Mountain, Northwest Regions
U.S. Housing and Urban Development Secretary Shaun Donovan has announced three new Regional HUD Directors, for the Southeast, Mountain, and Northwest Regions.
HUD Selects New Participants in Moving to Work Program
U.S. Department of Housing and Urban Development (HUD) Assistant Secretary Sandra B. Henriquez has announced an additional three public housing agencies (PHA) that have been chosen to participate in HUD’s Moving To Work (MTW) program.
Florida Agency Launches Green Building Website
The Florida Housing Finance Corporation recently launched a new web site to encourage green building practices in affordable housing across the state of Florida.
California Updates Proposed 2010 LIHTC Regulation Changes
The California Tax Credit Allocation Committee (CTCAC) has released a memo updating its proposed regulation changes for the 2010 low-income housing tax credit allocation process.
Rural Housing Service Proposes Construction-Permanent Loan Guarantee
The Rural Housing Service has issued a proposed rule that would modify federal regulations under the Section 538 Guaranteed Rural Rental Housing Program to offer guarantees on construction and permanent loans, defined by the rule as “a loan which provides advances during the construction period and remains in place as a permanent loan at the completion of construction.”
HUD Publishes Report to Congress on Root Causes of Foreclosure Crisis
The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a report entitled, “Report to Congress on the Root Causes of the Foreclosure Crisis.”
Pennsylvania Releases 2010 Pre-Application Q&A
The Pennsylvania Housing and Finance Agency (PHFA) recently released the questions and answers from its 2010 pre-application workshop for its low-income housing tax credit program.
USDA Announces Series of Teleconferences, Webinars on Rural Rental Housing
The USDA Rural Development has announced a series of future teleconference and/or Web conference meetings on the USDA Section 538 Guaranteed Rural Rental Housing Program.
President Obama to Propose Domestic Discretionary Spending Freeze; Would Impact HUD Programs
President Obama has announced plans to freeze domestic discretionary spending at its current level for three years.
NH&RA YouTube Channel: David Smith & Lisa Alberghini At The 2009 Vision Awards
Check out our YouTube Channel to view our 2009 Affordable Housing Vision Awards addresses from Lisa B. Alberghini, President of the Planning Office for Urban Affairs, Inc. and David A. Smith. CEO of CAS Financial Advisory Services.