General News

It will take some time to fully digest the results from last night’s election but I wanted to share some initial thoughts on what this may mean for our industry.   Whether you are a Republican or Democrat we must collectively figure out a way to come back from the divisive politics that characterized this election.  […]

Yesterday, the National Low Income Housing Coalition (NLIHC) released Housing Spotlight: A Long Wait for a Home — a report that analyzes the current state of Housing Choice Vouchers (HCV) and public housing waiting lists across the country.

Congratulations to Maurice Barry and Fred Copeman who will be honored during the NH&RA Fall Developers Forum on November 1, at The Langham, Boston.

Clinton cites the need for a “national commitment to create more affordable housing”, speaking of increasing the LIHTC in high-cost areas as well as directing 10% of federal investments to low-income communities.

Senator James Lankford (R-Okla.) published a report in 2015 titled “Federal Fumbles: 100 Ways the Government Dropped the Ball”. In the report, Sen. Lankford takes issue with the Historic Tax Credit, and continues to do so now.

The state law aims to create affordable housing for teachers and school district employees by utilizing land owned by school districts for development of income-restricted housing.

This past Friday, a federal court in Texas issued a ruling for Texas Department of Housing and Community Affairs v. Inclusive Communities Project. Read on for a brief analysis of the opinion and review of the Supreme Court case that made headlines last summer.

Beacon Communities recently announced the opening of their Albany, NY office. Duncan Barrett and Paul Kruger, previously of OMNI Housing Development LLC, and Julianne Clouthier have joined the Beacon Communities team.

The Public and Affordable Housing Research Corporation (PAHRC) released its annual report, this year focusing on the theme of housing as more than shelter, but “as a springboard for success economically, physically, mentally, and socially.” Read on for findings and highlights from the report.

The data covers 4,541 total Qualified Active Low-Income Community Businesses and almost $38.5B in NMTC investments.

Economist Patrick O’Keefe comments on a slow-to-recover U.S. economy and what that means for the U.S. housing market. A summary from his recent presentation at the NH&RA Summer Institute.

On Thursday, July 14, Senate Finance Committee member Maria Cantwell (D-WA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) introduced legislation (S.3237) to improve the Low Income Housing Tax Credit.