General News

The National Digital Inclusion Alliance has created an open-source document to track all the updated COVID-19 offers made by Internet Service Providers across the nation. This is getting updated on an ongoing basis. If you know of any offers in your area that could be helpful to the community, please add to the spreadsheet!

HUD Secretary Dr. Ben Carson was added to the White House Coronavirus Task Force. While the risk of infections for Americans remains low, HUD is encouraging multifamily owners and agents, Public Housing Authorities, Performance Based Contract Administrators, FHA lenders to make the information below available to residents and employees.

The Stewards of Affordable Housing for the Future (SAHF) will host a CORES 101: Overview of the CORES Certification & Application webinar at 1:30 pm ET on March 17.

High-income renters don’t just rent high-end units. Some high-income renters choose to rent units that would be affordable to renters with lower incomes, thereby reducing the number of affordable units available to lower income households.

The Community Economic Development Assistance Corporation released a report, which explores the risk that LIHTC-financed properties in Massachusetts will convert to market-rate housing at Year 30. Roughly 86 percent of the 15,679 LIHTC units approaching year-30 are subject to some form of longer-term affordability restriction and will not be at risk for market conversion before December 31, 2030.

The California Housing Partnership and Housing California released California’s Roadmap HOME 2030, an initiative to develop a ten-year “Marshall Plan” that will set the course for creating a California with homes for all.

The California Housing Partnership released the 2020 Affordable Homes at Risk report, which found that that California has already lost 15,004 affordable rental homes and that another 31,821 affordable rental homes are currently at risk of market rate conversion in the next decade.

A group of California Assembly members introduced a bill that would inject $2 billion into addressing California’s homelessness crisis — an immediate effort to meet the governor’s request for permanent funding to tackle the problem.

The Illinois Housing Council has been working with the Cook County Assessor’s Office on strategies to ensure that deed-restricted, affordable rental properties receive fair and accurate property assessments. The Assessor’s Office recently created the Real Property Income & Expense (RPIE) Online tool, which is a digitally secure tool for commercial property owners to provide data […]

LOUIS, MO – With three recently closed transactions to support community development projects in Florida, New Jersey, and North Carolina, Smith NMTC Associates, LLC has surpassed $500M in tax credit investments. Additional projects in development for 2020 include the Delmar DivINe initiative in St. Louis and proposals in Georgia, Maryland, New Jersey, Texas, and Virginia.

The Joint Center for Housing Studies of Harvard University (JCHS) will host an event with Whitney Airgood-Obrycki, lead author of the new America’s Rental Housing report, to discuss key findings, including how low vacancy rates, limited new construction and a growing number of higher-income renters are driving the rental affordability crisis.

The Affordable Housing Tax Credit Coalition (AHTCC) is accepting entries for the 2020 Charles L. Edson Tax Credit Excellence Awards through March 11.