News

Iowa

Comprehensive Market Analysis Report for Des Moines, Iowa

HUD’s Office of Policy Research and Development has published a comprehensive housing market analysis report for the Des Moines, Iowa area.

Ohio

Ohio Accepting Applications for State Historic Tax Credits

The Ohio Department of Development recently announced that it is accepting applications for the third round of its Historic Preservation Tax Credit program as of July 1.

Wisconsin

Wisconsin Releases Final Regulations for TCAP, Exchange

The Wisconsin Housing and Economic Development Authority has released final guidance regarding its Section 1602 Tax Credit Exchange Program and its Tax Credit Assistance Programs (TCAP).

congress-capitol

House Appropriations Committee Passes USDA Funding Bill

The U.S. House of Representatives’ Appropriations Committee yesterday (July 6) passed H.R. 2997, the U.S. Department of Agriculture (USDA) Funding Bill, which appropriates funds to the nation’s rural housing programs.

NH&RA News

Obama Administration Nominates States’ Rural Development Directors

The Obama Administration has begun nominating individuals to serve as State Director for Rural Development for the U.S. Department of Agriculture (USDA).

NH&RA News

FHFA to Create New Records Systems, Soliciting Comments

The Federal Housing Finance Agency (FHFA) has issued a notice of intent to establish three new systems of records involving the Federal Home Loan Bank System Directory, the Financial Management System, and the Correspondence Tracking System.

Georgia

HUD USER Website Releases Market Report for Chattanooga Area

The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research has published a comprehensive housing market analysis report for the Chattanooga, Tennessee-Georgia area through its website, www.huduser.org.

Rhode Island

Rhode Island Organization Publishes 2009 Affordable Housing “˜Fact Book’

HousingWorks RI, a membership organization dedicated to affordable housing improvements throughout Rhode Island, recently released its 2009 Fact Book, which details the current state of affordable housing in Rhode Island.

congress-capitol

“Rep. Frank Introduces Legislation to Use TARP Dividends For Housing Trust Fund”

House Financial Services Committee Chairman Barney Frank (D-Mass.) introduced legislation (HR 3068) that would that would send $2.5 billion in TARP dividends to housing programs created by the last Congress and dedicate $4 billion of what remains from the original $700 billion in TARP funding to other efforts to help struggling homeowners.

Arizona

HUD Announces First Round of TCAP Awards

U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).

HUD

“HUD Publishes Notice Excluding Veterans Benefits From Annual Income”

On June 18, 2009, an updated version of Housing Notice 09-03 Exclusion of Deferred Department of Veterans Affairs Disability Benefits from Annual Income was posted on HUDCLIPS.

Michigan

“Michigan Issues Multiple Tax Credit Updates”

Michigan State Housing Development Authority has issued a number of updates pertaining to the tax credit program:

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