Tax Credit Advisor, July 2009: The Historic Tax Credit Coalition, an advocacy group, has crafted a package of proposed legislative changes to the federal historic rehabilitation tax credit program it hopes Congress will pass later this year. The prospects for passage are currently unclear.
The Kentucky Housing Corporation (KHC) will hold a public hearing on its low-income housing tax credit qualified allocation plan (QAP) for calendar 2010 on August 25 at KHC’s headquarters in Louisville.
North Carolina Housing Finance Agency has released draft 2010 Qualified Allocation Plan, Appendix B (design), and changes memo.
Colorado Housing Finance Agency has announced that the applications for funding under the American Recovery and Reinvestment Act (ARRA) have been revised.
The Michigan State Housing Development Authority has made several announcements pertaining to affordable housing developers.
The South Carolina State Housing Development & Housing Authority has released the final implementation plan and funding application for its low-income housing tax credit (LIHTC) Exchange program, created by the American Recovery and Reinvestment Act of 2009.
The Missouri Housing Development Commission has released its 2009 Gap Funding Round Submission Documents and Guidelines for awardees.
The U.S. Census Bureau recently released a report analyzing the country’s housing unit estimates at the national, state and county levels.
The Community Development Financial Institutions (CDFI) Fund is currently soliciting public comments on the proposed New Markets Tax Credit Program (NMTC) Allocation Application.
The House of Representatives has by a vote of 256-168 2010 Transportation, Housing and Urban Development Appropriations Bill.
The US House of Representative passed the American Clean Energy and Security Act of 2009 (HR 2454) on June 26th. This far reaching climate change legislation includes an important section on building energy retrofits (Section 202). Additionally, the legislation incorporates Representative Ed Perlmutter’s (D-Colo.) Green Resources for Energy Efficient Neighborhoods (GREEN) Act (Subtitle H).
NH&RA’s HOPE VI Council is convening at the 2009 Summer Institute, on July 31 to brainstorm and provide feedback on the Obama Administration’s proposed Choice Neighborhood Initiative (CNI). The proposed FY-2010 HUD Budget has allocated $250 million for this program, which would replace the HOPE VI program and expand its scope to address neighborhoods in a broader based manner.