General News

NH&RA News

NH&RA Encourages States to Use Weatherization Assistance Program Funding for Multifamily

NH&RA sent a letter to the state offices responsible for administering Weatherization Assistance Program (WAP) funding encouraging them to devote a portion to multifamily affordable housing.

Arkansas

Arkansas Governor Signs Bills to Extend State Housing Tax Credit

Arkansas Gov. Sarah Huckabee Sanders signed two bills into law on April 13 that will extend the state’s Historic Rehabilitation Tax Credit for five years and change the tax credit percentage depending on locale.

Maine

Senator King Says Affordable Housing Crisis is “Impinging the Rebuilding of the Economy”

Senator Angus King (I – ME) described housing affordability as a “national crisis that’s really impinging the rebuilding of the economy.”

NH&RA 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.

California

Terner Center Report on New Pathways to Encourage Housing Production

In the past six years, California has introduced over 100 laws aimed at increasing housing production.

QAP Ohio

Ohio Hosts Bond Gap Financing Forum – April 1

Ohio Hosts Bond Gap Financing Forum – April 1

Florida

Florida Governor Sings Bill to Ban Rent Control & Increase Access to Affordable Housing

Last week, Florida Governor DeSantis signed Senate Bill 102 (Live Local Act) aimed at increasing access to affordable housing across the state and for Floridians to live in communities where they work.

General News

DC Mayor Bowser Proposes FY 2024 Fair Shot Budget

Last week, Mayor Muriel Bowser delivered the FY 2024 Fair Shot Budget to the DC City Council. The mayor’s proposed budget focuses on responsible budgeting, growing the tax base and prioritizing DC’s infrastructure.

California

Silicon Valley Bank Collapse Puts San Francisco’s Affordable Housing Projects in Limbo

An article in The San Francisco Standard details the risk to affordable housing projects in San Francisco following the collapse of Silicon Valley Bank.

QAP Iowa

Iowa Sends LIHTC Tips

The Iowa Finance Authority’s (IFA) Housing Tax Credit team announces the development of a series of helpful application tips to make the application process as seamless as possible for partners.

New York

New York Mayor Eric Adams Features Housing in his State of the City Speech

Mayor Eric Adams (D) made housing one of his main priorities at his 2023 State of the City speech along with jobs, care, and safety and quality of life.

New York

New York Governor Hochul Announces Historic Land Use Proposals to Increase Housing Supply

During the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade.

[Page 46 of 319 ]