News

congress-capitol

Senate Introduces Bill to Create Task Force Evaluating Impact of Affordable Housing Crisis

The task force would be composed of 18 members, all of whom would be appointed in a bi-partisan fashion by majority and minority leaders of the House and Senate.

congress-capitol

Senator Harris Introduces Tax Credit for Renters Paying Over 30% of Income on Rent and Utilities

The tax credit would be available to renters earning less than $100,000, and the benefit shrinks as a tenant’s income rises.

General News

$142 Million Available in 2018 Round of Capital Magnet Fund

Applications are due September 17.

congress-capitol

Housing Choice Voucher Mobility Act Passes House

The bill, sponsored by Rep. Sean Duffy (R-WI), would authorize the Secretary of Housing and Urban Development to carry out a housing choice voucher mobility demonstration to encourage families receiving such voucher assistance to move to lower-poverty areas and expand access to opportunity areas.

NH&RA News

Urban Institute Hosting Opportunity Zone Workshop in Chicago

Later this month, The Urban Institute, the MacArthur Foundation, and other philanthropic organizations are hosting a half-day workshop to discuss and debate what Chicago and Cook County should do to optimally utilize the new federal Opportunity Zones incentives established by the Tax Reform Act. The official announcement can be found here.

NH&RA News

Bipartisan Policy Center Hosts Panel on Evaluating Tax Expenditure Programs

On July 10, the Bipartisan Policy Center hosted a panel on the evidence-based evaluation of tax expenditure programs, such as LIHTC and Investment Tax Credits. It coincided with the release of a new report entitled “Evaluating Tax Expenditures: Introducing Oversight Into Spending Through the Tax Code”. The event discussed the necessity of evaluating tax expenditures […]

NH&RA News

Robinson+Cole Releases Updated 2018 Green Tax Incentive Compendium

Robinson+Cole’s Jerome Garciano has released a July 2018 update of his Green Tax Incentive Compendium, including the recent extensions of the investment tax credit for certain technologies, the 45L tax credit and the 179D tax deduction.

HUD

HUD Publishes RAD Changes Including from 2018 Appropriations Act

HUD recently published two Rental Assistance Demonstration (RAD) federal notices that codify FY 2018 Appropriations Act provisions (including authority for a substantial increase of public housing units) as well as revised HUD policies encompassing five innovations to improve RAD.

NH&RA News

Harvard Joint Center for Housing Studies Releases its Report on the State of the Nation’s Housing

On June 19, the Harvard University Joint Center for Housing Studies (JCHS) held an address and panel discussion at the National Press Club in Washington D.C. to formally present its 30th annual State of the Nation’s Housing report. Since 1988, the report has offered invaluable, applicable information on the housing industry for policymakers, investors, and […]

HUD

RAD Training Recordings Available

350 attendees packed HUD’s auditorium to learn about topics including resident rights and protections, the importance of strategic planning, and innovative uses of RAD to achieve local objectives.

congress-capitol

White House Proposal Would Move Rural Housing Programs to HUD, Transfer CDBG to Dept. of Commerce

The proposal would reorganize several aspects of the Federal Government, with affordable housing and GSE reform in the mix.

congress-capitol

Senate Votes Down Rescissions

Due to procedural rules, Congress had until June 22 to pass the rescissions with a simple majority.

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