News
Freddie Mac Reenters LIHTC Market Via Fund With Enterprise
Freddie Mac announced today it has closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment, Inc. and its first equity investment within that fund.
State of Oregon Surplus Land Notice
This is notice that a state-owned property has been determined to be surplus to the needs of the owning agency and is available for acquisition. Below is the most recent posting: File #: Hillcrest, Salem, Oregon, Marion County Location: 2450 Strong Road SE, Salem, OR A written notice or email of interest in acquiring the property […]
AL Approves 2019 HOME/Housing Credit Allocation Plans
The Alabama Housing Finance Agency’s Board of Directors approved the final 2019 HOME/Housing Credit allocation plans during its September 26 meeting. The allocation plans will be used to direct the application process and funding awards for 2019 HOME Investment Partnerships funds and Housing Credits. The plans are available for download at http://bit.ly/2i82idW.
Boston Area Mayors Commit to 185k New Housing Units by 2030
The Metro Mayors Coalition’s Regional Housing Task Force have announced an ambitious new goal to add 185,000 new housing units to the Boston metro region by 2030.
FHFA Seeks Input on Duty to Serve Plan Modifications
The Federal Housing Finance Agency (FHFA) is requesting public input on Fannie Mae and Freddie Mac’s (the Enterprises) proposed modifications to their 2018-2020 Underserved Markets Plans (Plans) under the Duty to Serve (DTS) program.
OR Housing Schedules Stability Council Monthly Meeting on Oct. 5
The next Housing Stability Council meeting will be on Friday, October 5. The meeting will be held at Oregon Housing and Community Services (725 Summer St NE, Salem OR) in conference room 124 A/B. If you cannot attend in person, please join us by phone at: 1-877-273-4202; Participant Code: 4978330 AGENDA: 9:00 Meeting Called to […]
VA Hurricane Florence Disaster Relief Guidance
On September 14, 2018, the President declared Hurricane Florence a major disaster. As of September 17, 2018, the Federal Emergency Management Agency (FEMA) designated eight North Carolina counties as major disaster areas. Review the list of eligible counties here: fema.gov/disaster/4393. The guidance in Revenue Procedures 2014-49 (Tax Credit) and 2014-50 (4% Tax Exempt Bond) apply […]
Oregon Ending Veteran’s Homelessness News and Updates
OHCS is pleased to announce the launch of an effort to end Veterans experiencing homelessness in Oregon. Through “Operation Welcome Home” OHCS will utilize Veterans lottery funds to provide technical assistance (TA) for up to ten communities across Oregon to support their efforts to house as many Veterans experiencing homelessness as possible over six months, […]
One Year After the Housing Package: How is California a Different Place?
California’s landmark housing package–packed with 15 game-changing new laws–was signed by Governor Brown one year ago. How is California a different place one year later? Homelessness relief funding from Senate Bill 2, our permanent source for affordable housing is exceeding projections. Developments are coming to market faster through streamlined approvals, thanks to Senate Bill 35. HCD is […]
HUD Schedules FSS Listening Session on Oct. 9
The Family Self-Sufficiency program was re-authorized on May 24, 2018 as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
USDA RD Issues New Guidance on Reallocating Rental Assistance Units for Properties No Longer in the Program; Allowable Expenses and Reserve Accounts
On September 19, 2018 USDA Rural Development Administrator Joel Baxley issued an Unnumbered Letter to provide guidance to State Rural Development Directors on reallocating Rental Assistance (RA) units currently held in the Administrator’s reserve back to the State in which the units originated and allow States to use RA when properties are paid in full henceforth.
EEFA Publishes Guide on Making Affordable Housing More Energy Efficient
On September 24, Energy Efficiency for All (EEFA), published “Making Affordable Multifamily Housing More Energy Efficient: A Guide to Healthier Upgrade Materials.”