News

Rep. Paul Gosar (R-AZ) recently introduced H.R. 482, as Senator Mike Lee (R-UT) introduced S. 103, an identical piece of companion legislation in the Senate.

The report makes no recommendations.

The legislation would reduce eligibility for the Mortgage Interest Deduction and divert the savings to the LIHTC program, the Housing Trust Fund, and HUD and RD programs.

The IRS recently released Notice 2017-19, which gives states population figures used in determining LIHTC allocation amounts as well as private activity bond caps. Rev. Proc. 2016-55 specifies that for the year 2017, each state shall receive the greater of $2.35 multiplied by the state’s population or $2,710,000. Section 3.20 of the same Re. Proc. […]

An article by Jeff Whiting reminds us that tax reform presents opportunity.

Presented to the most outstanding Low Income Housing Tax Credit (Housing Credit) properties in seven categories, the Edson Awards bring together Members of Congress and industry participants to celebrate developments at the forefront of creating strong, healthier communities in urban, suburban, and rural areas nationwide.

HUD is partnering with the Advisory Council on Historic Preservation (ACHP) to offer the HUD Secretary’s Award for Excellence in Historic Preservation.

Reps. Pat Tiberi (R-OH), and Richard Neal (D-MA) introduced the legislation on Feb. 15, 2017

HUD will host two trainings on the RAD Notice revision changes. NH&RA is sending a comment letter to HUD this week regarding the revisions.

President Trump has predicted tax reform to be in place by the end of the year, but there’s potential for it going into 2018.

The Center on Budget and Policy Priorities has recently estimated the cost of renewing all housing vouchers in 2017 at $18.86 billion.

The Trump Administration has implemented both a regulatory freeze and a more recent executive order which will reduce the number of new regulations put forth by most federal agencies.