General News
HAC Publishes Rural Housing Program Report for 2008
The Housing Assistance Council (HAC) has published a 2008 year-end report of the U.S. Department of Agriculture’s rural housing development programs.
Delaware Issues Statement on ARRA Funding, Changes Application Deadline
The Delaware State Housing Authority has issued a notice of guidance related to the housing stimulus provisions contained in HR 1: The American Recovery and Reinvestment Act.
HUD Publishes Housing Market Conditions Report for 4th Quarter, 2008
The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research recently published its U.S. Housing Market Conditions report for the fourth quarter of 2008.
HUD Allocates More Than $10 Billion of Recovery Act Funding One Week After Bill Signing
The following is an excerpt from February 15, 2009 HUD Press Release
WASHINGTON ““ The U.S. Department of Housing and Urban Development (HUD) today allocated nearly 75 percent of its funding, or $10.1 billion, made available through the American Recovery and Reinvestment Act of 2009. The Recovery Act includes $13.61 billion for projects and programs administered by HUD, 75 percent of which was allocated to recipients today ““ only one week after President Obama signed the Act into law.
OCC Issues New Report on Banks’ REO Disposition Strategies
The Office of the Comptroller of the Currency (OCC) has published a Community Developments Insights report that describes how banks and their partners in the community are working to dispose of foreclosed properties in creative ways that will preserve affordable housing opportunities and stabilize communities.
HUD Announces Granted Regulatory Waivers
The U.S. Department of Housing and Urban Development (HUD) has published a notice describing the regulatory waiver requests it granted during the fourth quarter of 2008
Minnesota Proposes Revisions to 2010 Tax Credit Program, QAP
Minnesota Housing has issued a notice outlining proposed revisions to its qualified allocation plan (QAP) and procedural manual for its 2010 low-income housing tax credit program.
California Publishes 2009 Joint Market Study Guidelines
The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (DLAC) have published joint market study guidelines for their 2009 low-income housing tax credit and tax-exempt bond allocation programs.
Arkansas Bill Would Create State Historic Rehabilitation Tax Credit
Arkansas State Rep Robert Moore has introduced a bill (HB 1953) that would create an Arkansas state historic rehabilitation tax credit.
Montana Bill Would Increase State Historic Tax Credit
Montana state legislature is considering legislation (HB 631) that would increase the state’s rehabilitation tax credit from 25% to 100% of the federal rehabilitation tax credit.
New York Assembly and Senate Introduce State Historic Tax Credit Legislation
New York’s state historic rehabilitation tax credit would be expanded by newly introduced bills.
Report Discusses Impact Of Maryland State Historic Credit
The Abell Foundation has published a new report on the impact of Maryland’s state historic preservation tax credit.