News

HUD

HUD Publishes FY 2010 Fair Market Rents

The U.S. Department of Housing and Urban Development has released final fair market rents (FMR) for Fiscal Year 2010, used to determine payment standard amounts for the Housing Choice Voucher program.

Arkansas

Arkansas Releases 2010 QAP; Public Hearing Scheduled

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

HUD

Florida Releases Draft Strategic Housing Plan

The Florida Housing Finance Corporation has published its draft strategic housing plan to provide a clear framework for policy and operation decisions at FHFC.

Arizona

Arizona Clarifies Uses for TCAP Funds

The Arizona Department of Housing has issued a notice to clarify eligible uses of Tax Credit Assistance Program (TCAP) funding provided under the American Recovery and Reinvestment Act (ARRA).

Nebraska

Nebraska Issues Notice of Public Hearing For the 2010 LIHTC Qualified Allocation Plan

The Nebraska Investment Finance Authority will hold a public hearing with respect at 10 am on September 14 in Lincoln on its 2010 Low-Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP).

Arkansas

Arkansas Releases 2010 QAP; Public Hearing Scheduled

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

HUD

GAO Issues Report on Transit-Oriented Development

The Government Accountability Office (GAO) recently released a report that addresses the need to establish and implement a plan to expand linkages between affordable housing and transit-oriented development.

IRS

IRS Releases Updated Guidance to Form 8823

The Internal Revenue Service (IRS) has released an updated version of its Guide for Completing Form 8823: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.

New York

New York Releases Proposed 2010 QAP

The New York Department of Housing and Community Renewal (DHCR) has released its proposed 2010 qualified allocation plan (QAP) for administering the federal low-income housing tax credit (LIHTC) program.

Kentucky

Kentucky Announces Mandatory ARRA Workshop, 2010 Program Training

The Kentucky Housing Corporation (KHC) recently announced training workshops for the reporting requirements associated with the Tax Credit Assistance Program (TCAP) and Tax Credit Exchange Program. KHC has also announced a training session for the 2010 rental production open window application round and guidelines on October 14 in Frankfort.

congress-capitol

GAO Releases Report on Future of Fannie, Freddie

The U.S. Government Accountability Office (GAO) recently released a report and letter to Congress with regards to the future structure and function of Fannie Mae and Freddie Mac, the Government-sponsored enterprises that were put into conservatorship under the Federal Housing Finance Agency (FHFA) in 2008.

Tennessee

Tennessee Releases TCAP Application for Second Round

The Tennessee Housing Development Agency has released its application for funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act (ARRA).

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