News

HUD

HUD Removes $25 Million Loan Cap for Projects in LIHTC Pilot Program

HUD’s Office of Multifamily Housing Programs issued a memo, which removes the $25 million loan cap for the LIHTC Pilot Program.

HUD

HUD Publishes Final NSPIRE Inspection Standards & GRRP FAQs

HUD published the Final Inspection Standards Notice for the National Standards for the Physical Inspection of Real Estate (NSPIRE). HUD also announced that they have posted answers to new Frequently Asked Questions for the Green and Resilient Retrofit Program (GRRP) based on the May 23 webinar.

Federal Housing Finance Agency

FHFA Submits Annual Report to Congress

The Federal Housing Finance Agency (FHFA) released its 2022 Report to Congress.

JCHS Releases State of the Nation’s Housing 2023 Report

The Joint Center for Housing Studies (JCHS) of Harvard University released the 2023 edition of its annual State of the Nation’s Housing Report.

Treasury

CDFI Annual Compliance, Certification and Reporting Obligations 

The Community Development Financial Institutions (CDFI) Fund announced that authorized representatives of either a CDFI or an organization that received an award must submit the Annual Certification and Data Collection Report (ACR) to maintain CDFI Certification status.

QAP Nebraska

NIFA Revised QAP Draft 

The Nebraska Investment Finance Authority (NIFA) announced that the 2024-2025 LIHTC QAP revised draft documents are now available.  

QAP New Hampshire

New Hampshire Nine Percent Pre-Application Deadline and QAP Forum 

New Hampshire Housing changed the due date for pre-applications for the competitive 9% LIHTC application round.

Oregon

OHCS Releases Four Percent/PAB NOFA  

Oregon Housing and Community Services (OHCS) announced the release of the 2023 4% LIHTC and PAB Notice of Funding Availability (NOFA).

HUD

NLIHC Publishes 2023 Out of Reach Report

The National Low Income Housing Coalition (NLIHC) published the 2023 edition of its annual Out of Reach Report, which compares the wages people earn and the costs of modest rental housing in every state, metropolitan area and county in the U.S.

General News

Register for JCHS Report Release Event – June 21

The Joint Center for Housing Studies at Harvard University will release its annual State of the Nation’s Housing Report next week.

HUD

Update for CPD Income Eligibility Calculator Users

HUD announced that on June 15, 2023, the Community Planning and Development (CPD) Income Eligibility Calculator will update to incorporate the FY 2023 Income Limits for all programs.

Treasury

NMTC Qualified Equity Investment Report

The U.S. Department of the Treasury CDFI Fund announced that the June New Markets Tax Credit Program Qualified Equity Investment (QEI) report has been updated and is available.

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