General News
Novogradac Publishes Analysis of State Policies Regarding Income Averaging
Monday’s article examines eight states’ responses to the new income averaging set aside election for LIHTC made available by Congress as part of the March 2018 omnibus spending bill.
Average American Needs to Make $22.10/Hour to Afford Modest 2BR Apartment
The National Low Income Housing Coalition today published its 2018 edition of Out of Reach – an annual report comparing wages to rental housing affordability throughout the United States.
NC: LIHTC Creates Healthcare Savings, Generates Tax Revenue, Creates Jobs
The North Carolina Housing Finance Agency recently released two studies, The Impact of the Low-Income Housing Tax Credit in North Carolina and The Low-Income Housing Tax Credit and Neighborhood Property Values in North Carolina.
Fannie Mae and Grounded Solutions Network Release Inclusionary Zoning Map Available for Use, Over 800 Programs Identified
This interactive, web-based tool identifies over 800 local rental and homeownership inclusionary housing programs nationwide and includes data on state-level legislation and judicial decisions that are related to the adoption of local inclusionary housing policies.
Senior Housing Community On Nantucket Will Be Renovated, Have Affordability Extended For Perpetuity With $1.5 Million in MassHousing Financing
MassHousing has provided $1.5 million in financing to an affiliate of HallKeen Management. The MassHousing funding will enable HallKeen Management to make renovations to Academy Hill, a 27-unit mixed-income housing community for senior citizens on Nantucket, and to preserve affordability at Academy Hill’s affordable units for perpetuity.
AARP Foundation Voice-Assisted Tech Grant Apps Due May 31
Innovation: Voice-Connected Communities Request for Applications | Application Link | Application Deadline: May 31, 2018 AARP Foundation is requesting applications from eligible organizations to develop and implement a project using voice-assisted technology. The purpose of this grant is to inform AARP Foundation’s strategy related to voice-assisted technology. Through this mini-grant, we seek to extend AARP Foundation’s on-going project […]
Woda Cooper Companies Creates LEED Certified, Affordable Housing for Seniors
Wheatland Crossing Senior Apartments has been applauded for creating a new affordable senior housing option in The Hilltop neighborhood of Columbus, OH. Wheatland Crossing, developed late last year by The Woda Group, Inc., has also recently earned LEED Platinum certification, the highest certification awarded by the US Green Building Council.
NH&RA Members Top AHF’s List of Largest Affordable Housing Developers
Over half the list is comprised of NH&RA members, with seven members in the top ten.
President Signs Omnibus Legislation into Law, 10% Increase for HUD, LIHTC Improvements
On March 23, President Trump signed into law the 2018 omnibus spending bill (HR 1625). Bill language was released late Wednesday night and the House of Representatives and Senate subsequently passed the bill on Thursday. The news of passage comes shortly after President Trump threatened via Twitter to veto the bill on Friday morning. The […]
NCSHA Publishes Q&A Document on Income Averaging
The document answers technical questions about income averaging, makes recommendations for how states can implement income averaging, and identifies issues states should consider.
AHTCC Extends Submission Deadline Until 3/28 at 11:59pm for Edson Tax Credit Excellence Awards
The deadline for submissions for the 2018 Charles L. Edson Tax Credit Excellence Awards program is being extended to Wednesday, March 28, 2018 by 11:59 p.m. EST.
U.S. Experiences 7.2 Million Affordable and Available Rental Unit Shortage
The National Low Income Housing Coalition released today its report The Gap: A Shortage of Affordable Homes, which finds a shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) renter households, those with incomes at or below the poverty level or 30% of their area median income.