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.


Congress Seeks to Strike Deal to Avoid Shutdown

With a government shutdown four days away, Congress is moving into crisis mode as both sides seek to strike a deal.


HUD Publishes 2024 QCTs, DDAs

Last week, HUD published its annual list of areas that qualify as Qualified Census Tracts (QCTs) or Difficult Development Areas (DDAs) for LIHTC purposes.

General News

Local Government Leaders Across the Nation Urge Congress to Expand, Strengthen the Housing Credit

Mayors, county executives and other elected executive leaders from local municipalities in nearly every state in the nation this week sent congressional leaders a letter urging Congress to pass the Affordable Housing Credit Improvement Act (AHCIA) (S.1557/H.R. 3238).

General News

CDFI Fund Announces $5 Billion in New Market Tax Credits

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $5 billion in New Markets Tax Credits (NMTC) today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 102 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year […]


HUD Awards $25 Million to At Risk PHAs

Last week, the HUD awarded $25 million to 157 public housing agencies (PHAs) experiencing or at risk of experiencing financial shortfalls.

General News

Los Angeles Community College District to Develop Student and Workforce Housing

Los Angeles Community College District (LACCD) announced their commitment to develop affordable housing for its students and workforce by issuing an RFI/RFQ to partner with interested parties, including public agencies and private entities.

General News

North Dakota to Hold Scoring and Ranking Meeting for CDBG

The North Dakota Department of Commerce, Division of Community Services (NDDCS) announced that they will hold a scoring and ranking meeting for the FY 2023 CDBG pre-applications on October 5 at 9 a.m. CT.


Looming Shutdown and Effect to Housing

Congress is likely on track to trigger a government shutdown on Oct. 1, 2023, with little hope of passing the 12 appropriations bills before the start of the new fiscal year and a standoff in the House Republican Caucus around a short-term continuing resolution.


HUD Delays Compliance Date for NSPIRE Protocols for CPD Programs to October 2024

HUD is delaying the National Standards for the Physical Inspection of Real Estate (NSPIRE) compliance date for Community Planning and Development (CPD) programs through Oct. 1, 2024.


HUD Awards $18 Million in First Round of GRRP Funding

HUD awarded approximately $18 million in grant funding and loan commitments under the Green and Resilient Retrofit Program (GRRP) to owners of properties participating in HUD-Assisted Multifamily Housing programs.

General News

PHFA Announces Next LIHTC Round

The Pennsylvania Housing Finance Agency (PHFA) released their 2024 Qualified Allocation Plan, which was approved by the Board on September 14.


Congress Returns this Week with Looming Appropriations Deadline

The House returned this week following August recess and both chambers are racing to meet the September 30 appropriations deadline.

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