General News

California

California Strategic Growth Council Releases Affordable Housing and Sustainable Communities Program Draft Guidelines

The Strategic Growth Council (SGC) just released the Round 4 Draft Affordable Housing and Sustainable Communities (AHSC) Program Guidelines. The draft guidelines are open for public comment and will close at 5:00 pm on September 23, 2018. Associated documents that are also posted include the Narrative Scoring Rubric and Community Engagement Tracker. The draft revised AHSC […]

New York

D.C. Court Dismisses Fair Housing Suit

A lawsuit by not for profit fair housing advocacy groups against HUD to reinstate an assessment tool for local governments to measure progress in meeting Fair Housing requirements was dismissed in U.S. District Court in the District of Columbia on Friday, August 17, at the request of cabinet department.

NH&RA News

In The News: To Keep You Healthy, Health Insurers May Soon Pay Your Rent

A recent article on the Forbes.com highlights efforts by Health Insurers including Anthem, Aetna, Humana, Medicare, Medicaid and UnitedHealthcare investing is housing as a “social determinant of health” in an effort to increase profits and reduce costs.

NH&RA News

Brookings Institute Recommends Policies for the National Housing Crisis

Schuetz argues that current legislative proposals are only partial fixes and gives four recommendations for federal, state, and local governments to address the housing affordability crisis.

NH&RA News

New Markets Tax Credit Applications Exceed Authority 4-Fold

Applicants requested an aggregate total of $14.8 billion in NMTC allocation authority, over four times the $3.5 billion in authority available for the 2018 round.

NH&RA News

Urban Institute Hosting Opportunity Zone Workshop in Chicago

Later this month, The Urban Institute, the MacArthur Foundation, and other philanthropic organizations are hosting a half-day workshop to discuss and debate what Chicago and Cook County should do to optimally utilize the new federal Opportunity Zones incentives established by the Tax Reform Act. The official announcement can be found here.

NH&RA News

Bipartisan Policy Center Hosts Panel on Evaluating Tax Expenditure Programs

On July 10, the Bipartisan Policy Center hosted a panel on the evidence-based evaluation of tax expenditure programs, such as LIHTC and Investment Tax Credits. It coincided with the release of a new report entitled “Evaluating Tax Expenditures: Introducing Oversight Into Spending Through the Tax Code”. The event discussed the necessity of evaluating tax expenditures […]

NH&RA News

Robinson+Cole Releases Updated 2018 Green Tax Incentive Compendium

Robinson+Cole’s Jerome Garciano has released a July 2018 update of his Green Tax Incentive Compendium, including the recent extensions of the investment tax credit for certain technologies, the 45L tax credit and the 179D tax deduction.

QAP New York

New Study Highlights Affordable Preservation Needs in Manhattan and Brooklyn

Of 2,663 HUD and Mitchell-Lama (a New York state program) subsidized properties in 2017, 11% are eligible to expire out of affordability by 2023. That number jumps to nearly 48% over the next 15 years.

NH&RA News

Harvard Joint Center for Housing Studies Releases its Report on the State of the Nation’s Housing

On June 19, the Harvard University Joint Center for Housing Studies (JCHS) held an address and panel discussion at the National Press Club in Washington D.C. to formally present its 30th annual State of the Nation’s Housing report. Since 1988, the report has offered invaluable, applicable information on the housing industry for policymakers, investors, and […]

Michigan

Opportunity, Optimism, and Insight on Detroit’s Community Development Showcased at National Housing Conference Policy Symposium

Last Friday morning, the National Housing Conference (NHC) held its Annual Policy Symposium in Washington D.C. to a welcoming audience of investors, researchers, and bureaucrats. The half-day event included an address by Detroit Mayor Mike Duggan on the city’s development, a panel of experts further discussing Detroit, and a panel discussing the growing impact and role of private-public partnerships in community development.

NH&RA News

Citi Community Capital Hosts Opportunity Zones Webinar June 19

Registration is complimentary but spaces are limited.

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