News
Frank Cassidy Leave of Absence at HUD
Frank Cassidy, Federal Housing Commissioner and Assistant Secretary for Housing at HUD, is taking a leave of absence “for the foreseeable future” due to family matters. A HUD spokesperson confirmed Ginnie Mae President Joseph Gormley will lead the Office of Housing and the Federal Housing Administration “following an orderly handoff.”
Appropriations Season and BABA
NH&RA is working hard on Capitol Hill advocating for BABA exemptions and waiver relief. Please continue reaching out to your members of Congress to ask for their support, especially if they are a member of the House or Senate THUD Appropriations Committees. Call To Action: NH&RA and our partners are still compiling a list of […]
Connecticut Housing Tax Credit Contribution Program NOFA Important Information and Dates
The Connecticut Housing Finance Authority anticipates making $10 million in state tax credits available to non-profit applicants that will create housing opportunities in the following classifications: A maximum of $500,000 may be awarded to each successful applicant. Applications for funding must be submitted electronically through the SharePoint website using the Consolidated Application Version 2026 no later than 4:00 p.m. on Wednesday, June 3, 2026. A SharePoint […]
Colorado Budget Proposal Cuts $130 Million from Proposition 123 Affordable Housing Fund
The Colorado FY2026-27 state budget proposal released by the Joint Budget Committee would cut $130 million from Proposition 123, approximately 40% of the program’s total funding. Colorado is facing a $1.5 billion budget deficit for the upcoming fiscal year, with social programs facing most of the cuts required to balance the budget. Proposition 123 was approved by voters in 2022 and has become an […]
Maryland Multifamily Housing Notices
2026 Maryland Qualified Allocation Plan (QAP) and Multifamily Rental Financing Program Guide (Guide) – Effective 4/8/26 Governor Wes Moore has signed the 2026 Qualified Allocation Plan (QAP) and the Multifamily Rental Financing Program Guide (the “Guide”). The new QAP and Guide are effective as of April 8, 2026, and will govern all applications received on or […]
Kentucky Housing Corporation Releases 2027 Multifamily Guidelines Revision
Kentucky Housing Corporation (KHC) has made a revision to the recently published 2027 Multifamily Guidelines. The change appears in Chapter 8 and revises KHC’s construction draw policy. Previously, developers were permitted to draw up to 90% of KHC funds awarded to the project in the first draw request. The policy now limits the first draw to […]
Kentucky Updates Minimum Design Standards for New Construction
Kentucky Housing Corporation (KHC) released the updated version of the Minimum Design Standards for New Construction, Adaptive Reuse, and Rehabilitation of Multifamily Housing Units. KHC’s Minimum Design Standards (MDS) are used as a guideline to meet or exceed all applicable local, state, and national codes. While these standards are minimums, designers are encouraged to exceed these values when feasible. No portion of this […]
North Dakota Homeless Service Provider Funding Opportunity
North Dakota Housing Finance Agency (NDHFA) is accepting applications from homeless service providers seeking funding through the Emergency Solutions Grant (ESG) and North Dakota Homeless Grant (NDHG). ESG and NDHG funds provide financial support to eligible local government and nonprofit organizations who offer emergency shelter, supportive services, and financial assistance to individuals experiencing homelessness or at-risk of […]
Ohio State Fiscal Year 2027 4% LIHTC Affordable Housing Funding Application Available
The State Fiscal Year (SFY) 2027 4% Low-Income Housing Tax Credit (LIHTC) with Ohio LIHTC Affordable Housing Funding Application (AHFA) is now available. Updates have been made to the Ohio LIHTC AHFA for SFY 2027. Applicants in the 4% LIHTC with Ohio LIHTC must use the most recently posted AHFA. OHFA will not accept AHFAs from […]
IRS Publishes Population Figures
The Internal Revenue Service (IRS) published population figures to calculate each state’s 2026 calendar year (CY) population-based component of the federal LIHTC, the 2026 CY PAB volume cap and the 2026 volume limit. NH&RA members can login to their accounts and see our QAP table with updated figures.
House Appropriations FY2027 Markup Schedule Released
House Appropriations Committee Chairman Tom Cole (R-OK) released the markup schedule for Fiscal Year 2027 appropriations bills: Thursday, April 23, 2026 Tuesday, April 28, 2026 Thursday, May 21, 2026 Thursday, June 4, 2026
CDFI Funding Advances, but Key Resources for Affordable Housing Remain Uncertain
The Office of Management and Budget (OMB) released $289M in FY25 funding for the CDFI Fund after months of delays, allowing funds to move to Treasury for distribution.