News
HUD Announces $173 Million in GRRP Awards
HUD announced that it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP) Comprehensive and Elements categories.
FHFA Announces Increase to LIHTC Cap for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (The Enterprises) are each allowed to invest up to $1 billion annually (originally $850 million) in LIHTC equity beginning in 2024.
Deadline Extended for ACHP/HUD Secretary’s Award for Excellence
The Advisory Council on Historic Preservation (ACHP), in partnership with HUD, recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation through the Secretary’s Award for Excellence in historic preservation.
Kentucky Releases Application and Policy Document for CDBG-DR
The Kentucky Housing Corporation (KHC) announced that the Department for Local Government (DLG) published the application and policy document for the 2021 Community Development Block Grant Disaster Recovery (CDBG-DR) program for multifamily new construction activities.
Treasury and IRS Release Proposed Regulations for Production Tax Credit
The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations regarding the Production Tax Credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code
Affordable Housing Credit Improvement Act Reaches 200 Co-Sponsors in the House
The Affordable Housing Credit Improvement Act achieved a major milestone – 200 co-sponsors within the House of Representatives (H.R. 3238).
ACTION Campaign Released Updated Fact Sheets
The ACTION Campaign updated their national, state and district fact sheets highlighting the newest data on the Housing Credit and its impact in communities across the nation.
HUD Extends Deadline for Third Wave of GRRP Elements to March 28
HUD is extending the deadline for applications for wave three of the Green and Resilient Retrofit Program (GRRP) Elements cohort from January 4 to March 28, 2024.
HUD Releases 2023 Annual Homeless Assessment Report
HUD released its 2023 Annual Homeless Assessment Report: Part 1: Point-in-Time Estimates, which estimates the number of individuals in shelters, temporary housing and in unsheltered settings through Point-in-Time (PIT) counts.
GAO Releases LIHTC Report – Opportunities to Improve Oversight
The U.S. Government Accountability Office (GAO) issued a report that recommends additional oversight on the LIHTC program.
Minnesota HFA Announces Funding Selections for 2023
The Minnesota Housing Finance Agency (MHFA) announced their funding selections for 2023.
Ohio HFA Board Meeting – Today at 10:30 a.m.
The Ohio Housing Finance Agency will hold its board meeting today, December 20 at 10:30 a.m. in the Roger McCauley Board Room at its office – 2600 Corporate Exchange Drive, Columbus, OH 43231 – as well as virtually via GoToWebinar.