General News

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

The New Jersey Housing and Mortgage Finance Agency has issued its draft 2009 qualified allocation plan (QAP) and market study guidelines for its low-income housing tax credit program.

The Florida Housing Finance Corporation (FHFC) has scheduled a public hearing for February 17 to solicit comments regarding the implementation of the directives in state Senate Bill 2A, which cuts, redirects, and sweeps housing trust fund monies.

The Massachusetts Department of Housing and Community Development has announced it will hold a public hearing on proposed changes to its qualified allocation plan for its 2009 low-income housing tax credit program.

President-elect Barack Obama has named Shaun Donovan, Commissioner of the New York City Department of Housing Preservation & Development as his choice for Secretary of the U.S. Department of Housing & Urban Development.

The US House of Representatives has released the text for its economic recovery bill. The measure has not yet been assigned a bill number. The measure contains many items advocated for by NH&RA and our Council for Energy Friendly Affordable Housing.

South Carolina State Housing Finance & Development Authority has issued a series of announcements with regards to its low-income housing tax credit program.

The Virginia Housing Development Authority has made available several supporting documents to go along with its 2009 qualified allocation plan (QAP) for the low-income housing tax credit program.

A 2009 Affordable Housing Funding Application and supporting documents were recently made available by the Ohio Housing Finance Agency.

The Community Development Financial Institutions (CDFI) Fund recently announced the opening of its seventh competitive funding round for approximately $3.5 billion in New Markets Tax Credits in 2009.

The Louisiana Housing Finance Agency has scheduled a public hearing to receive comments on an amendment to its 2009 qualified allocation plan (QAP).

****NH&RA is pleased to report that the Ocean Reef Club has reduced our room rate by 10% for 2009 Affordable Housing Developers Conference and Annual Meeting. Our roomblock is already more than half-full–once our block is sold out we will not be able to get any more rooms at this great discount. Please don’t delay–reserve your room and register for the meeting today.****

The South Carolina State Housing Finance and Development Authority has incorporated the National Council of Affordable Housing Market Analysts Market into its 2009 QAP package.