News
HUD Updates Chapter 9 of Sec. 8 Renewal Policy Guide for Appraisers and Reviewers
This chapter provides technical guidance to appraisers and reviewers. The updated policies will go into effect for rent comparability studies signed by the appraiser on or after March 1, 2017.
HUD’s PD&R Publishes Reports on Detroit, Chicago, Fort Worth and Others
54 location-based analyses have been published in 2016 representing areas across the country.
Mnuchin Proposes Housing Market Changes With Mixed Response
President-Elect Trump’s designated Treasury Secretary Steven Mnuchin has proposed capping the Mortgage Interest Rate Deduction as well as reforming Fannie Mae and Freddie Mac in a recent CNBC interview.
President-Elect Trump Nominates Ben Carson as HUD Secretary
If confirmed as HUD Secretary, the cabinet position will mark Dr. Carson’s first time holding political office.
Extended Short-Term CR Likely, Leaves Questions for HUD Funding
Another Continuing Resolution would allow legislators to negotiate a year long FY-2017 spending bill with President-Elect Trump rather than with President Obama.
NH&RA Encourages Members to Join Sign-On Letter in Support of LIHTC, Signatures Due Dec. 2
The ACTION Campaign has drafted a letter to the Trump Administration and Congress voicing support for the Low-Income Housing Tax Credit. As an ACTION Member, NH&RA is proud to be a signatory of the letter and we urge all our members and partners to sign-on as well.
Trulia Study: LIHTC Properties Have No Impact on Nearby Home Values
The study looks at the 20 least affordable housing markets in the United States during a ten year window from 1996 to 2006.
RAD Resource Desk Offers First Component Data
HUD has recently published accessible data to the RAD Resource Desk website.
Novogradac Posts Free Online DDA / QCT Mapping Tool
Novogradac & Company LLP has posted a free online mapping tool that allows users to search and browse DDAs and QCTs for 2017 and to see year-to-year changes. The full story, as well as access to the mapping tool, are available on Novogradac’s website.
Early Reflections on the 2016 Election
It will take some time to fully digest the results from last night’s election but I wanted to share some initial thoughts on what this may mean for our industry. Whether you are a Republican or Democrat we must collectively figure out a way to come back from the divisive politics that characterized this election. […]
HUD Releases FY 2016 RAD Data: 201 Properties Completed
2016 has been the most productive year in the program’s short history.
HUD Amends LIHPRHA Statute Allowing for Unlimited Surplus Cash Distribution
HUD’s Office of Multifamily has recently published the amended and restated use agreement for projects subject to the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA).