News
Utah Releases Draft of 2012 QAP
The Utah Housing Corporation (UHC) has released a draft version of its 2012 Qualified Allocation Plan .
Missouri Considers Plan to Cut Tax Credits
Leaders of the Missouri State House and Senate reached an agreement this week concerning a $1.5 billion economic development and tax credit reform package and Governor Jay Nixon said he will call the legislature back for a special session later this year to consider the package.
New Report Dispels Concerns About Section 8
The Center on Budget & Policy Priorities recently released a new report suggesting that there is no evidence that HUD’s Section 8 rental assistance programs for low-income families (Housing Choice Voucher and Project-Based Rental Assistance programs) are crowding out spending on other HUD programs, despite recent concerns from several lawmakers.
HUD Launches New Online Resource
HUD’s Office of Policy Development and Research (PD&R) recently launched The Edge, a new online magazine that provides a comprehensive look at PD&R research, periodicals, and publications covering topics such as Community Development, Fair Housing, Housing Markets, Neighborhood Revitalization, Rental Housing, Affordable Housing, and Sustainability.
New Study Examines Housing Related Tax Expenditures
The Pew Charitable Trusts recently released a study regarding the costs and benefits of current housing-related tax expenditures.
HUD Releases MIPs for FHA Multifamily Housing
The U.S. Department of Housing and Urban Development recently announced the mortgage insurance premiums (MIPs) for FHA Multifamily Housing, Health Care Facilities, and Hospital Mortgage Insurance programs that have commitments to be issued or reissued in FY 2011.
Treasury Announces Cost Benchmarks for 1603 Applicants
The U.S. Department of the Treasury has released specific cost benchmarks for applicants to the Section 1603 grant program.
IRS Seeks Comments on Tax-Exempt Bond Arbitrage Restrictions
The Internal Revenue Service is inviting public comments by September 19 on an existing regulation on arbitrage restrictions on tax-exempt bond and associated recordkeeping requirements for issuers.
HUD Issues Proposed Rule on Public Housing Physical Needs Assessments
The U.S. Department of Housing and Urban Development is soliciting public comments by September 18 on a proposed rule that would revise current requirements for physical needs assessments (PNAs) for public housing properties.
NH&RA Historic Preservation Development Council Sends Comments to National Park Service on Sustainability Guidelines
The National Housing & Rehabilitation Association’s, together with NH&RA’s Historic Preservation Development Council (HPDC) and Council for Energy Friendly Affordable Housing (CEFAH), sent a letter recently to the National Park Service commenting on its recently issued Illustrated Guidelines on Sustainability for Rehabilitation Historic Buildings.
OHFA Releases Draft 2012 QAP
The Ohio Housing Finance Agency has released the newest revision to their 2012 QAP Draft and relevant attachments.
Pennsylvania Releases Draft 2012 QAP
The Pennsylvania Housing Finance Agency (PHFA) has released a draft of its 2012 Qualified Allocation Plan for administering the federal Low-Income Housing Tax Credit (LIHTC) program in the state.