News
HUD Proposes Revisions To FHA Multifamily Closing Documents
HUD is issuing for public comment a comprehensive set of revised closing documents for use in Federal Housing Administration (FHA) multifamily rental projects.
Nebraska Accepting Section 1602 Applications
The Nebraska Investment Finance Authority (NIFA) recently announced that it is accepting applications for Section 1602 funds.
TIGTA Publishes Report on Dollar Limits for ARRA Bonds
The U.S. Treasury Inspector General for Tax Administration (TIGTA) recently published a report entitled, “Observations About Annual Dollar Limits for American Recovery and Reinvestment Act of 2009 Bonds.”
Louisiana HOPE VI Project to Utilize Historic Tax Credits
The Hurricane Damaged Historic Bastrop High project in Bastrop, Louisiana will completely renovate the old Bastrop High School building as part of a HOPE VI Main Street Grant.
Report Shows Vermont Top State Per Capital Using Historic Tax Credits
Vermont Housing Finance Agency has reported on its blog that a new federal report shows Vermont is the top state, per capita, for its use of Federal Historic Tax Credits to rehabilitate historic buildings.
Kentucky Schedules, January 28
On January 28, 2010 Kentucky Housing Corporation (KHC) will host a non-mandatory developer’s forum to meet with partners and discuss the 2010 open window funding round.
Kentucky Publishes Final 2010 Qualified Allocation Plan, Rental Guidelines
Kentucky Housing Corporation has published its final 2010 Qualified Allocation Plan (QAP) and Rental Production Guidelines.
Colorado Presents Final QAP to Governor
Colorado Housing and Finance Authority has presented its final draft of the 2010 Qualified Allocation Plan that has been sent to the Governor for final approval.
NYSDHCR Names Acting Commissioner
Governor David A. Paterson has appointed Brian Lawlor to serve as Acting Commissioner of the Division of Housing and Community Renewal.
HUD Publishes Paper On Rental Supply, Vacancy, and Affordability
HUD has published a new working paper entitled “U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability.” The paper reports these findings as part of its overview of the current rental housing market dynamics, in relation to supply, local conditions, the national assisted rental housing stock, and both need and demand for affordable rental housing.
HUD Issues Housing Market Report for Tulsa, Oklahoma
The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a comprehensive housing market analysis report for the Tulsa, Oklahoma market region.
Treasury Completes Purchase of $13.9 Billion In Housing Bonds
The U.S. Department of Treasury, in partnership with Department of Housing and Urban Development (HUD), and the Federal Housing Finance Agency (FHFA) has announced the purchase $13.9 billion in housing bonds from 50 of its state Housing Finance Agency (HFA) members under the Obama Administration’s HFA Initiative. The initiative was unveiled October 19. In addition to a single-family component, the HFA Initiative will make affordable financing available to provide affordable multifamily loans that will help keep rents affordable for tens of thousands of renters.