News
Boston Affordable Housing Leaders to Receive Prestigious NH&RA Vision Awards
For Immediate Release WASHINGTON, DC (August 28, 2018) – The National Housing & Rehabilitation Association announced today that two Boston-based champions of affordable housing and development will receive NH&RA Affordable Housing Vision Awards in recognition of their stewardship and expansion of affordable housing opportunities for low-income families around the country. John W. Gahan III, Partner […]
California Strategic Growth Council Releases Affordable Housing and Sustainable Communities Program Draft Guidelines
The Strategic Growth Council (SGC) just released the Round 4 Draft Affordable Housing and Sustainable Communities (AHSC) Program Guidelines. The draft guidelines are open for public comment and will close at 5:00 pm on September 23, 2018. Associated documents that are also posted include the Narrative Scoring Rubric and Community Engagement Tracker. The draft revised AHSC […]
Sen. Wyden Introduces Middle Income Housing Tax Credit
On August 22, U.S. Sen. Ron Wyden (D-OR) introduced legislation to create a middle-income housing tax credit (MIHTC) aimed at sparking the development of rental homes affordable to Americans with moderate incomes.
D.C. Court Dismisses Fair Housing Suit
A lawsuit by not for profit fair housing advocacy groups against HUD to reinstate an assessment tool for local governments to measure progress in meeting Fair Housing requirements was dismissed in U.S. District Court in the District of Columbia on Friday, August 17, at the request of cabinet department.
In The News: To Keep You Healthy, Health Insurers May Soon Pay Your Rent
A recent article on the Forbes.com highlights efforts by Health Insurers including Anthem, Aetna, Humana, Medicare, Medicaid and UnitedHealthcare investing is housing as a “social determinant of health” in an effort to increase profits and reduce costs.
Nancie-Ann Bodell Named Director, Multifamily Housing Programs at Rural Development
Bodell replaces Stephanie White, who retired in 2017.
HUD Invites Public Comment on Affirmatively Furthering Fair Housing
The notice poses 8 questions that HUD is specifically interested in hearing about from stakeholders as it determines how to streamline and enhance Affirmatively Furthering Fair Housing regulations.
Brookings Institute Recommends Policies for the National Housing Crisis
Schuetz argues that current legislative proposals are only partial fixes and gives four recommendations for federal, state, and local governments to address the housing affordability crisis.
New Markets Tax Credit Applications Exceed Authority 4-Fold
Applicants requested an aggregate total of $14.8 billion in NMTC allocation authority, over four times the $3.5 billion in authority available for the 2018 round.
House Introduces Bill to Increase LIHTC Allocation
The bill would increase the per-capita LIHTC allocation from $2.70 to $2.90, increase the small-state minimum by $265,000 for a total minimum allocation of $3.365 million to small states, and other changes as well.
House Bill Would Give Rural NMTC $1 Billion Boost
The additional authority would be reserved for Rural Job Zones. Furthermore, at least 25% of the additional authority would be set aside for persistent poverty counties and/or high migration rural counties.
Continuing Resolution Enancted; T-HUD Appropriations Funded Through Dec. 7
The Senate today passed a four spending bill package (HR 6147), including its Transportation, Housing, and Urban Development bill (S. 3023) which would increase appropriations for HUD by 4% over last year’s funding amount, while the House version would increase HUD funding by roughly 2%.