News
Legislation Seeks to Improve Energy Efficiency for Government-Assisted Housing
U.S. Senators Rob Portman (R-OH) and Jeanne Shaheen (D-NH) introduced a bill to encourage energy efficiency in housing that is subsidized by the federal government. The Energy Savings and Industrial Competitiveness Act of 2015 (S. 720) authorizes the U.S. Department of Housing and Urban Development’s pay-for-success (PFS) demonstration to improve the energy efficiency of government-supported multifamily properties.
USDA Outlines Rural Voucher Program for FY 2015
A recent notice in the Federal Register outlines how U.S. Department of Agriculture (USDA) will operate the Rural Development Voucher Program in FY 2015.
HUD RAD Hosts Relocation Training for 1st Component Conversions
On March 24, 2015, from 2:00-4:00pm EST, the U.S. Department of Housing and Urban Development Rental Assistance Demonstration (RAD) Team will offer a training on the relocation rules applicable to 1st Component public housing conversions.
Nominations Open for 21st Annual Charles L. Edson Tax Credit Excellence Awards
The Affordable Housing Tax Credit Coalition (AHTCC) is accepting entries for the 21st Annual Charles L. Edson Tax Credit Excellence Awards. This national awards program celebrates the best in affordable rental housing development. Projects must have been placed in service on or after Jan. 1, 2012.
HUD Awards 25 State Agencies $150M in Rental Assistance for Extremely Low-Income Persons With Disabilities
The U.S. Department of Housing and Urban Development announced it awarded $150,369,989 in rental assistance to 25 state housing agencies. The awards will support the state agencies in providing permanent affordable rental housing and supportive services to extremely low-income persons with disabilities.
HUD Announces FY 2015 Income Limits
The U.S. Department of Housing and Urban Development released FY 2015 Income Limits. The income limits determine who’s eligible for HUD assisted housing programs.
Senate Introduces Legislation for Permanent NMTC
U.S. Senator Roy Blunt (R-MO) introduced legislation to make the New Markets Tax Credit (NMTC) program permanent, provide an annual allocation of credits indexed to inflation, and exempt NMTC investments from the Alternative Minimum Tax.
AHF Top 25 Affordable Housing Lenders Highlights NH&RA Members
Affordable Housing Finance released its list of the top affordable housing lenders for 2014. Seventeen NH&RA members were included on the list, with Citi Community Capital in the #1 spot for the sixth year in a row.
Submissions to ULI Housing Awards Competitions due March 16
The Urban Land Institute (ULI) is seeking submissions for The Jack Kemp Excellence in Affordable and Workforce Housing Awards and The Robert C. Larson Housing Policy Leadership Awards.
National Park Service Releases Results of FY 2014 HTC Investments
The National Park Service (NPS) released its Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2014 and a supplementary Statistical Report and Analysis for Fiscal Year 2014.
Legislation Proposed in House to Fix LIHTC Rates
U.S. Representatives Pat Tiberi (R-OH) and Richard Neal (D-MA) introduced legislation to make permanent the temporary minimum credit rate for the low-income housing tax credit program (LIHTC). The bill proposes to set the minimum LITHC rate for new construction at 9% and set it at 4% for existing properties.
New Online Portal Promotes Connections Between Housing, Health, and Education
A new online resource will provide housing industry participants practical information on building and improving housing that serves broader community needs, such as public health, economic development, and education. How Housing Matters is a product of collaboration between the Urban Land Institute and John D. and Catherine T. MacArthur Foundation.