General News

The U.S. Department of Housing and Urban Development has released final fair market rents (FMR) for Fiscal Year 2010, used to determine payment standard amounts for the Housing Choice Voucher program.

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

The Arizona Department of Housing has issued a notice to clarify eligible uses of Tax Credit Assistance Program (TCAP) funding provided under the American Recovery and Reinvestment Act (ARRA).

The Nebraska Investment Finance Authority will hold a public hearing with respect at 10 am on September 14 in Lincoln on its 2010 Low-Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP).

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

The Internal Revenue Service (IRS) has released an updated version of its Guide for Completing Form 8823: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.

The New York Department of Housing and Community Renewal (DHCR) has released its proposed 2010 qualified allocation plan (QAP) for administering the federal low-income housing tax credit (LIHTC) program.

The Kentucky Housing Corporation (KHC) recently announced training workshops for the reporting requirements associated with the Tax Credit Assistance Program (TCAP) and Tax Credit Exchange Program. KHC has also announced a training session for the 2010 rental production open window application round and guidelines on October 14 in Frankfort.

The U.S. Government Accountability Office (GAO) recently released a report and letter to Congress with regards to the future structure and function of Fannie Mae and Freddie Mac, the Government-sponsored enterprises that were put into conservatorship under the Federal Housing Finance Agency (FHFA) in 2008.

The Tennessee Housing Development Agency has released its application for funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act (ARRA).

Virginia Representative Glenn Nye (Dem.) recently announced draft legislation that would improve off-base living conditions for enlisted troops with families by making it easier for them to qualify for affordable housing.

The Texas Department of Housing and Community Affairs is conducting a comprehensive review and reform of its federal low-income housing tax credit (LIHTC) program.