News

The U.S. Department of Housing and Urban Development has released a proposed rule that submits regulations for governing the Housing Trust Fund, established by HERA in 2008 to provide grants to State governments to increase and preserve the supply of rental housing for extremely low- and very low-income families.

The Ohio Preservation Compact (OPC) recently unveiled its comprehensive website dedicated to the preservation of affordable housing in Ohio.

The South Dakota Housing Development Authority has released its draft 2011-2012 Qualified Allocation Plan for administering the Housing Tax Credit Program.

The U.S. Department of Agriculture (USDA) on October 19 released its annual report on the American Recovery and Reinvestment Act (ARRA).

The Virginia Housing Development Authority’s Board of Commissioners recently approved the proposed revisions to the 2011 Qualified Allocation Plan and released the final version on its website.

Tax Credit Advisor ““ October 2010 ““ A subsidiary of U.S. Bank has arranged and will manage a proprietary $86 million low-income housing tax credit fund for search engine giant Google.

Tax Credit Advisor ““ October 2010 ““ The President’s Economic Recovery Advisory Board has released a report outlining various tax reform options that mentions the low-income housing tax credit but doesn’t make any recommendation about what should be done about it.

The Missouri Housing Development Commission’s Board of Commissioners has approved Margaret Lineberry to serve as executive director of the agency.

The Louisiana Housing Finance Agency is in the process of implementing an initiative to allocate its remaining $1.7 million in Tax Credit Assistance Program (TCAP) funds.

The Florida Housing Finance Corporation has launched a Green Building homepage to provide information and resources on green building to the affordable housing development community.

The Ohio Department of Development (ODOD) recently announced that it is making $10 million available to four Ohio entities to spur economic investments through the first round of its Ohio New Markets Tax Credit Program.

The White House, together with officials from HUD, Treasury, USDA and congressional staff, recently hosted a one-day conference entitled,