News
KHRC Applies for Solar for All
The Kansas Housing Resources Corporation (KHRC) submitted a Notice of Intent to apply for the Solar for All opportunity through the U.S. EPA Greenhouse Gas Reduction Fund (GGRF).
Minnesota Announces $50 Million for Stable Housing Organization Relief Program
Minnesota Housing announced the availability of up to $50 million in state appropriations for the Stable Housing Organization Relief Program (SHORP).
THDA Posts 2023 Competitive Preliminary Ranking
The Tennessee Housing Development Agency (THDA) Multifamily Programs Division posted the 2023 Competitive Low-Income Housing Credit Preliminary Ranking to their website.
NLHA Insurance Survey
The National Leased Housing Association (NLHA) published a survey seeking responses from all owners of Section 8 Project-Based Rental Assistance/Project-Based Vouchers (including RAD), LIHTC, Section 202/811, HOME-assisted and naturally occurring affordable housing units.
Treasury Department and IRS Issue Proposed Regulations for Clean Energy Projects
The Treasury Department and Internal Revenue Service issued proposed regulations related to the increased tax credit or deduction amounts for clean energy facilities and projects, if taxpayers satisfy certain prevailing wage and registered apprenticeship (PWA) requirements.
Oregon Releases NOFA for 9 Percent LIHTC
Oregon Housing and Community Services (OHCS) announced the release of the nine percent LIHTC Notice of Funding Availability (NOFA).
NLHA Releases Insurance Survey
The National Leased Housing Association (NLHA) published a survey seeking responses from all owners of Section 8 PBRA/PBVs (including RAD); tax credit; Section 202/811; HOME assisted and naturally occurring affordable housing.
HUD Awards $140 Million to Protect Families from Lead and Other Health and Safety Hazards
The U.S. Department of Housing and Urban Development (HUD) announced awards nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards.
CDFI Fund Releases Summary Report and Data on NMTC Investments
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a summary report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through the fiscal year (FY) 2021 reporting period.
FHFA Director Sandra Thompson’s Statement on Best Practices for Adverse Action Notices for Renters
A written notice paired with a report copy allows the borrower to demonstrate they have fulfilled their legal obligations under the Fair Credit Reporting Act (FCRA), and also permits rental applicants to understand the basis for any denial, fully assert their rights with tenant screening companies, and more effectively correct their records.
NH&RA Submits Comments on NCSHA’s Proposed Revisions to Recommended Practices in Housing Credit Administration
NH&RA submitted comments to the National Council of State Housing Agencies’ (NCSHA) draft proposed revisions to its Recommended Practices in Housing Credit Administration (summary, red-line).
EPA Proposes Lead-Based Paint Rule for Federally Assisted Housing
The Environmental Protection Agency (EPA) published a proposed rule to significantly lower acceptable levels of lead-based paint (LBP) and make abatement protocols much more stringent for federally assisted properties built before 1978 that undergo renovation.