News
Energy Tax Credit Bill Introduced in Senate
Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM) and Small Business and Entrepreneurship Committee Ranking Member Olympia J. Snowe (R-ME) recently introduced the Advanced Energy Tax Incentives Act of 2010 (S. 3935).
IRS Invites Comments on LIHTC Regulations
The Internal Revenue Service (IRS) has invited public comments on Treasury Decision (TD) 8563, State Housing Credit Ceiling and Other Rules Relating to the Low-Income Housing Credit.
Congress Approves Stopgap Funding Bill
Before recessing to campaign, Congress approved and President Obama signed a continuing resolution to fund the federal government temporarily, through December 3.
CRA Reform Bill Introduced in House
U.S. Rep. Luis Gutierrez (D-IL) has introduced a bill (H.R. 6334) that would make legislative changes to the Community Reinvestment Act (CRA), which requires banks to meet the credit needs of low- and moderate-income neighborhoods in their service area.
HUD Announces Availability of Project-Based VASH Vouchers
HUD has announced the availability of 500 project-based HUD-Veterans Affairs Supportive (VASH) vouchers in a new competitive funding round.
HUD Issues Guidance Regarding M2M Loans
HUD’s Office of Housing on September 30 issued a new (H 10-22), effective immediately, containing guidelines for assumption, subordination, or assignment of Mark-to-Market (M2M) Program Loans in transfer of physical assets (TPA) and refinance transactions.
HUD Publishes Final Fair Market Rents for FY 2011
The U.S. Department of Housing and Urban Development has published Fair Market Rents for Fiscal Year 2011 for the Housing
Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program.
HUD Publishes Final FMRs for FY 2011
The U.S. Department of Housing and Urban Development has published the final Fiscal Year 2011 Fair Market Rents (FMRs) on the HUD USER website, effective October 1, 2010.
HUD Publishes Housing Newsletter for September
The U.S. Department of Housing and Urban Development has published its latest issue of ResearchWorks, the official online newsletter of HUD’s Office of Policy Development & Research.
Census Bureau Releases Final AHS Data on New Orleans
The U.S. Census Bureau has released final tabulations from the 2009 American Housing Survey metropolitan survey of New Orleans in Excel format.
Treasury Completes CDCI Funding Initiative
The U.S. Department of the Treasury has announced the completion of funding under its Community Development Capital Initiative (CDCI). Overall, that program has invested $570 million in 84 Community Development Financial Institutions (CDFIs) in 26 states, the District of Columbia, and Guam.
Applicants Must File Intent Notice for Choice Neighborhoods NOFA
The U.S. Department of Housing and Urban Development has issued a notice that requires eligible applicants intending to submit either a Planning or Implementation grant application under HUD’s FY2010 Round 1 Choice Neighborhoods Grant Program Notice of Funding Availability (NOFA) to notify HUD of their intent to apply by October 7.