News

The Kentucky Housing Corporation (KHC) recently announced training workshops for the reporting requirements associated with the Tax Credit Assistance Program (TCAP) and Tax Credit Exchange Program. KHC has also announced a training session for the 2010 rental production open window application round and guidelines on October 14 in Frankfort.

The U.S. Government Accountability Office (GAO) recently released a report and letter to Congress with regards to the future structure and function of Fannie Mae and Freddie Mac, the Government-sponsored enterprises that were put into conservatorship under the Federal Housing Finance Agency (FHFA) in 2008.

The Tennessee Housing Development Agency has released its application for funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act (ARRA).

Virginia Representative Glenn Nye (Dem.) recently announced draft legislation that would improve off-base living conditions for enlisted troops with families by making it easier for them to qualify for affordable housing.

The Texas Department of Housing and Community Affairs is conducting a comprehensive review and reform of its federal low-income housing tax credit (LIHTC) program.

The U.S. Census Bureau today (Sept. 22) released its latest American Community Survey (ACS) data, which compiles social, housing, demographic and economic information for approximately 3 million households each year.

The Internal Revenue Service has issued a notice of changes to Revenue Procedure 2007-65, which establishes safe harbor requirements for the allocation of Section 45 wind energy production tax credits by partnerships.

The California Tax Credit Allocation Committee has released its proposed schedule and deadlines for administering the 2010 tax credit program.

The U.S. Department of Housing and Urban Development (HUD) today released new guidance for the Tax Credit Assistance Program (TCAP).

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund is soliciting comments from the public with regards to the Certification of Material Events Form for Community Development Entities (CDE), Community Development Financial Institutions (CDFI) and New Markets Tax Credit (NMTC) program participants.

The U.S. Department of Housing and Urban Development on Friday (Sept. 18) announced $300 million in funding awards to 36 public housing authorities (PHA) to utilize green materials and technology to create public housing that conserves energy and encourages more healthy lifestyles.

Even in bad times, there are many opportunities available for the knowledgeable, well-informed developers. The NH&RA membership is comprised of the most creative and progressive thinkers in the industry. Join us at our Fall Developers Forum in Boston, November 2-3 to learn how your business can benefit now from new programs and new ideas.