News
NH&RA Announces New Spring & Summer Events
NH&RA is pleased to announce our Winter, Spring & Summer Calendar. Events including our Winter New Markets Tax Credit Symposium, 2011 Annual Meeting, Spring Policy & Underwriting Forum, Spring Developers Forum, Summer Institute and Summer New Markets Tax Credit Symposium.
GOP GSE Legislation Introduced and Reported from Subcomittee
The House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises has voted to approve a series of bills aimed at winding down operations at Fannie Mae and Freddie Mac.
Court Overturns VA Tax Credit Decision; IRS Files Appeal of Historic Boardwalk Hall Decision
NH&RA thanks Harold Berk for the following update on a recent Fourth Circuit Court decision impacting state tax credit structures.
Center for Budget and Policy Priorities Issues Paper on TRA Concepts
The Center for Budget and Policy Priorities has issued a new paper titled “Converting Funding of Some Public Housing Developments to Section 8 Subsidies Would Help Preserve Needed Units.”
HUD Publishes Regulatory Request Waivers
HUD has published its list of regulatory request waivers granted for the fourth quarter of calendar year 2010.
Florida Senate Panel Would Divert Affordable Housing Funds
A proposal that would permanently divert at least $194 million annually in real estate-related taxes from Florida’s affordable housing program to general state spending won approval Friday from the Senate Budget Committee.
AHTCC Publishes Informational Low Income Housing Tax Credit Piece
AHTCC has prepared an educational brochure intended to inform elected officials about the benefits of the Housing Credit program:
National Low Income Housing Coalition Releases Rental Housing Data By Congressional District
National Low Income Housing Coalition has provided on its website new data to provide snapshots of housing needs in each congressional district and state.
Kansas Cancels Second Funding Round
The Kansas Housing Resources Corporation recently posted an announcement on its website that the second round for 2011 Housing Tax Credit applications scheduled for August is canceled due to heavy demand and a shortage of credit availability in the 2011 first round.
Hawaii Proposes Amendment to HOME Action Plan
The Hawaii Housing Finance and Development Corporation (HHFDC) has proposed an amendment to the state’s 5-year action plan for administering HUD’s HOME Investment Partnerships (HOME) program.
Delaware LIHTC Applications Due April 15
Delaware State Housing Authority (DSHA) is currently offering approximately $2.1 million in federal housing tax credits to affordable rental housing developers.
HUD Requests Comments on HOPE VI NOFA
The U.S. Department of Housing and Urban Development is requesting public comment on its proposed 2011 HOPE VI notice of funding availability (NOFA) and information collection.