News
2009 Annual Meeting & NMTC Symposium Conference Presentations
NH&RA has made available individual PowerPoint presentations from the recent 2009 Annual Meeting & NMTC Symposium, March 11-15 in Key Largo, Florida.
Minnesota Proposes Revisions to 2010 Tax Credit Program, QAP
Minnesota Housing has issued a notice outlining proposed revisions to its qualified allocation plan (QAP) and procedural manual for its 2010 low-income housing tax credit program.
California Publishes 2009 Joint Market Study Guidelines
The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (DLAC) have published joint market study guidelines for their 2009 low-income housing tax credit and tax-exempt bond allocation programs.
Arkansas Bill Would Create State Historic Rehabilitation Tax Credit
Arkansas State Rep Robert Moore has introduced a bill (HB 1953) that would create an Arkansas state historic rehabilitation tax credit.
Montana Bill Would Increase State Historic Tax Credit
Montana state legislature is considering legislation (HB 631) that would increase the state’s rehabilitation tax credit from 25% to 100% of the federal rehabilitation tax credit.
Obama Administration Expected to Unveil Plans for Linkage of Transportation, Housing
Congressional Quarterly (CQ) has reported that the Obama Administration this week will unveil plans to link and coordinate federal transportation and housing policy, with a focus on livable communities.
New York Assembly and Senate Introduce State Historic Tax Credit Legislation
New York’s state historic rehabilitation tax credit would be expanded by newly introduced bills.
Report Discusses Impact Of Maryland State Historic Credit
The Abell Foundation has published a new report on the impact of Maryland’s state historic preservation tax credit.
Fred Karnas Named Senior Advisor to HUD Secretary
Fred Karnas, Director of the Arizona Department of Housing (ADOH) for the past two years, has been named as a Senior Advisor to U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan.
Boston Mayor Unveils Third Housing Strategy Plan
Boston Mayor Thomas Menino on March 3 unveiled his third, three-year strategy for producing and preservation additional housing in the city of Boston during 2009-2012, including affordable units.
Obama Administration Issues FY 2010 Budget Request
President Obama on February 26 issued his proposed federal budget for Fiscal Year 2010, which begins October 1, 2009. The budget request proposes $47.5 billion for the U.S. Department of Housing and Urban Development (HUD), an increase from the approved $47.1 billion appropriation for FY 2008 and the stopgap spending level of $40.1 billion for FY 2009.
Center on Budget and Policy Priorities Issues Report on Low-Income Housing Programs
The Center on Budget and Policy Priorities has issued a new report, entitled “Decade of Neglect Has Weakened Federal Low-Income Housing Programs: New Resources Required to Meet Growing Needs.”