News

The U.S. Department of Housing and Urban Development (HUD) and the Commonwealth of Puerto Rico have signed an agreement to develop and implement a comprehensive market-based housing plan on the island.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently announced President Obama’s selection of Jane Vincent to serve as HUD Regional Administrator the Mid-Atlantic region.

NCAHMA welcomed roughly 100 professionals to Chicago for its 2010 Affordable Housing Underwriting Conference & Annual Meeting on October 5-6. The event was one of NCAHMA’s best turnouts ever! If you missed it, don’t worry! You can download all of the PowerPoint presentations offered during the conference.

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).

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.

Before recessing to campaign, Congress approved and President Obama signed a continuing resolution to fund the federal government temporarily, through December 3.

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 has announced the availability of 500 project-based HUD-Veterans Affairs Supportive (VASH) vouchers in a new competitive funding round.

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.

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.

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.

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.