News
House Financial Services Committee Members Introduce GSE Legislation
On May 12, House Financial Services Committee members John Campbell (R-CA) and Gary Peters (D-MI) introduced the “˜”˜Housing Finance Reform Act of 2011” (HFRA), H.R. 1859.
Massachusetts Releases Final 2011 QAP
The Massachusetts Department of Housing and Community Development (DHCD) has released the final version of its 2011 qualified allocation plan.
Louisiana Releases Updated 2011 QAP
The Louisiana Housing Finance Agency (LHFA) has released a red-lined and clean versions of its 2011-2012 qualified allocation plan (QAP) on its website.
House Appropriations Committee Announces Subcommittee Allocations
Last week, the House Committee on Appropriations released its draft 302b allocations, the amounts each of the 12 appropriations subcommittees will have available to spend on their respective FY-2012 funding bills.
KHRC Announces New Executive Director
Kansas Development Finance Authority (KDFA) President Tim Shallenburger has named Garden City native Dennis L. Mesa as Executive Director of Kansas Housing Resources Corporation (KHRC). KHRC, a subsidiary corporation of KDFA, is a self-supporting, public corporation which serves as the primary administrator of federal housing programs on behalf of the State of Kansas.
HUD Releases U.S. Housing Market Conditions Report for First Quarter 2011
The U.S. Department of Housing and Urban Development has released its U.S. Housing Market Conditions Report for the first quarter of 2011.
Senator Rockefeller Introduces Bill to Extend NMTC
Senator Jay Rockefeller (D-WV), a senior member of the Senate Finance Committee, introduced a bill last week to extend the New Markets Tax Credit (NMTC) for five years and provide $5 billion for the program annually.
HUD Publishes Analysis of Nashville Housing Market Area
HUD’s Economic and Market Analysis Division prepared a comprehensive housing market analysis of the Nashville-Davidson-Murfreesboro-Franklin, Tennessee housing market area.
Want to Know Who’s Attending the Spring Developers Forum?
Join 100+ developers and affordable housing professionals for NH&RA’s Spring Developers Forum, May 23-24 in Dana Point, CA.
WHEDA Announces 2011 Housing Tax Credit Workshops
The Wisconsin Housing and Economic Development Authority has announced that it will host a series of workshops to provide guidance and training on the 2011 housing tax credit program.
Federal Government Announces Plans to Sell Off Surplus Properties
President Obama has proposed a Civilian Property Realignment Board to help the Federal Government cut through red tape and politics to sell or get rid of property it no longer needs, saving taxpayers $15 billion over the first three years after the Board is fully up and running.
Iowa Governor Enacts Changes to State Historic Tax Credit
Iowa Governor Terry Branstad signed into law a measure to make the state historic tax credit align more closely with the federal credit.