General News
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
HUD Issues Comprehensive Market Analysis for Fort Lauderdale Area
The U.S. Department of Housing and Urban Development has issue a new comprehensive housing market analysis report for Fort Lauderdale-Pompano Beach-Deerfield Beach, FL.
White House Names Urban Affairs Director
President Obama has named Bronx Borough President Adolfo Carrión Jr. to direct the new White House Office of Urban Affairs. He will be the Administration’s point person to coordinate urban policy areas, including urban development, education, health care, and public safety.
Illinois Soliciting Applications for LIHTCs for Disaster Counties
The Illinois Housing Development Authority is soliciting applications for roughly $9.7 million in low-income housing tax credits for projects available only for projects in 18 designated disaster counties within the state. Applications must be submitted on April 6.
Ohio Issue Draft 2009 Guidelines for Loan Program
The Ohio Housing Finance Agency (OHFA) has released draft guidelines for 2009 for its Housing Development Loan Program.
Ohio Agency Amends Gap Financing Guidelines for LIHTC Projects
The Ohio Housing Finance Agency has announced newly approved amendments to the gap financing guidelines under its Housing Development Assistance Program (HDAP).
New York Releases New Regional Housing Needs Studies
The New York State Division of Housing and Community Renewal has released three new studies reporting on current housing needs in three regions. The studies are on the Mohawk Region, Central Region, and Tier Region.
Pennsylvania Issues Statement on Adjustments, Waivers to 2009 QAP
The Pennsylvania Housing Finance Agency (PHFA) is taking steps to assist in providing maximum flexibility and responsiveness to developers seeking 2009 low-income housing tax credits.
ACHP Meeting Will Provide Update on Implementation of Preserve America Summit Recommendations
The Advisory Council on Historic Preservation (ACHP) will hold a meeting on February 20 in Washington, DC to provide an update on Preserve America Program Summit Implementation and on transition activities.
South Carolina Issues LIHTC Bulletin; Raises Cap for Amount of LIHTC Owner Can Receive Across Multiple Projects
The South Carolina State Housing Finance & Development Authority has issued a Low Income Housing Tax Credit Program Bulletin to updates its 2009 LIHTC Manual.
California Responds to Comments on Proposed 2009 Regulation Changes
The California Tax Credit Allocation Committee (TCAC) has issued a memo in response to public comments received with regards to proposed regulation changes to the 2009 low-income housing tax credit program. Pursuant to comments received, TCAC will offer a set of revised recommendations to Committee for consideration and adoption on February 25, 2009.
Alabama’s Application Includes Mandatory Online Portion
The Alabama Housing Finance Authority’s application cycle for 2009 low-income housing tax credits will include a mandatory online portion.
Congressman Frank Lays Out Housing Financial Services Committee Agenda
House Financial Services Committee Chair Barney Frank (D-Mass.) laid out the committee’s policy priorities for 2009 in a wide ranging press conference today, February 3. The agenda includes a number of affordable housing related items.