News

NH&RA News

ACHP Conducts Analysis of Historic Regulations

The Advisory Council on Historic Preservation (ACHP) is currently accepting input from the public relating to its plan for a retrospective analysis of regulations for implementing Section 106 ““ titled “Protection of Historic Properties” ““ within the National Historic Preservation Act.

NH&RA News

Administration Announces Formation of Rural Council

The Obama Administration has announced the formation of the first White House Rural Council.

congress-capitol

Update: Congressional Reps Request Details on HOME Projects

Two federal lawmakers this week sent a letter to the Department of Housing and Urban Development (HUD) requesting detailed accounting of more than 1,000 affordable-housing construction projects funded by the Department’s HOME Program.

IRS

Register for NH&RA’s Summer Institute!

Please join us July 21-24 at the Harbor View Hotel on Martha’s Vineyard for three days of thought provoking sessions, invaluable networking and relaxation. We will also be hosting our Summer New Markets Tax Credit Symposium immediately prior to the Summer Institute on Wednesday, July 20.

South Dakota

South Dakota Invites Comments on NSP3 Plan

The South Dakota Housing Development Authority (SDHDA) has amended its Neighborhood Stabilization Program Plan to designate how South Dakota will allocate its NSP3 funds.

NH&RA News

Harvard’s Joint Center Releases National Housing Report for 2011

The Joint Center for Housing Studies of Harvard University has published its new “State of the Nation’s Housing 2011″ report.

congress-capitol

House Committee Holds Hearing on HOME Program

On June 3, the House Financial Services Committee held an oversight hearing on the performance of HUD’s HOME program in creating affordable homes and strengthening communities.

NH&RA News

CDFI Fund Releases NOAA for NMTC Funding Round

The Community Development Financial Institutions (CDFI) Fund has announced the opening of the 2011 New Markets Tax Credit funding round.

IRS

IRS Proposes Changes to NMTC Program, Seeks Comments

The IRS has issued a notice of proposed rulemaking and an advance notice of rulemaking for the federal new markets tax credit program, proposing some changes to the program’s rules and soliciting public comments on these and on a series of questions.

Michigan

From Yellow Pages to Housing: Historic Detroit Building Is Being Rehabilitated for New Uses

Two years of hearing “no” from prospective equity providers would be enough to make most people and organizations give up on a project. But for Joe Heaphy and the Detroit nonprofit he works for, the rejections almost became a personal challenge.

Massachusetts

Orchestrating Opportunities: Developer Larry Curtis Creates Housing Through Diverse Deals

Larry Curtis, the mustachioed president and managing partner of WinnDevelopment, likens the role of a developer to a musical conductor. “What I like about being a developer is you get to invent deals. You’re the orchestra leader that doesn’t necessarily know how to play all the instruments…”

NH&RA News

New Report Shows Economic Impact of Historic Credits

The Historic Tax Credit Coalition and Rutgers University recently released an annual study on the economic impact of the federal historic tax credit (HTC).

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