News

Colorado

Colorado Releases 2009 LIHTC Application and QAP

The Colorado Housing and Finance Authority has released its final 2009 QAP and application for its low-income housing tax credit program.

Massachusetts

Recap Advisors Issues Recommendations for Best Use of 2009 Housing Credits

In a new paper commissioned by the Massachusetts Housing Partnership (MHP, www.mhp.net), based on a survey of stakeholders in Massachusetts and other states, the firm Recap Advisors recommends 10 strategic steps that state housing credit agencies should take to most effectively allocate their 2009 low-income housing tax credits in the current troubled LIHTC equity environment.

Texas

HUD Issues Market Analysis Report for Fort Worth

The U.S. Department of Housing and Urban Development has issued a new comprehensive housing market analysis report for Fort Worth, TX.

HUD

FEMA Announces New Assistance Program

The Federal Emergency Management Agency (FEMA) has announced the execution of an Interagency Agreement (IAA) between FEMA and the U.S. Department of Housing and Urban Development (HUD) to establish a grant program called “Disaster Housing Assistance Program (DHAP)- Ike” for Hurricanes Ike and Gustav.

HUD

HUD Restates Policies on Waivers During Transition

The U.S. Department of Housing and Urban Development (HUD) has issued a notice that reiterates its policies governing Departmental waiver of HUD regulations and directives during a period of Administration transition.

IRS

IRS Issues Rule on Conduit Financing Arrangements

The Internal Revenue Service has issued a proposed rule relating to conduit financing arrangements.

HUD

HUD Solicits Comments on Multifamily Reporting Template

The U.S. Department of Housing and Urban Development (HUD) is soliciting comments by January 21 on a proposed template it has developed to be used by HUD multifamily housing program participants to submit financial data electronically.

NH&RA News

Banking Regulators Revise CRA Regulations

The four federal banking regulators on December 22 issued a joint final rule to amend their Community Reinvestment Act (CRA) regulations.

Kansas

Kansas Publishes Updated 2009 Application, QAP

The Kansas Housing Resources Corporation has issued its revised application and qualified allocation plan (QAP) for its 2009 low-income housing tax credit program.

HUD

HUD Streamlines NOFA Funding Process

The U.S. Department of Housing and Urban Development (HUD) recently announced a new streamlined process for providing funding through its various grant programs. 

congress-capitol

Governors Propose Agenda for Recovery Package

New York Gov. David Paterson and several other governors recently sent a letter to President-elect Obama and Vice President-elect Biden that proposes an agenda for federal aid to states to be included in any future comprehensive economic recovery package.

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