HUD

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The National Housing & Rehabilitation Association is pleased to announce that it has made available the PowerPoint presentations displayed during the recent 2009 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits, held July 29 – August 1, 2009 in Woodstock, Vermont.

The Government Accountability Office (GAO) recently conducted a report to study the impact of the Community Development Block Grant (CDBG) disaster program in Louisiana and Mississippi.

Dr. Raphael Bostic has been sworn in as the Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development. He was confirmed by the U.S. Senate on July 10, 2009.

The House Financial Services Committee has approved H.R. 3045, the Section Eight Voucher Reform Act of 2009. This measure would reform the Section 8 Housing Choice Voucher Program, which provides rental housing assistance to 2 million low-income families nationwide.

The U.S. Department of Housing and Urban Development has announced that Shelley Poticha has been appointed Senior Advisor for Sustainable Housing and Communities. HUD is working with Senate Banking Committee Chairman Chris Dodd (D-CT) on legislation that seeks to create the Office of Sustainable Housing and Communities at HUD. Poticha will direct the office if the bill becomes law.

The U.S. House of Representatives’ Financial Services Committee convened on July 8 to markup proposed legislation, H.R. 3045, to reform the housing choice voucher program under Section 8 of the United States Housing Act of 1937.

U.S. Housing and Urban Development Secretary Shaun Donovan delivered the Keynote Address at HUD’s 2009 HOPE VI Green Building and Energy Efficient Development Conference on June 25 in Washington, DC.

Leaders of the U.S. Department of Housing and Urban Development, Department of Transportation and Environmental Protection Agency collectively announced a joint Partnership for Sustainable Communities to help improve access to affordable housing, create more transportation options, and lower transportation costs while also improving the energy efficiency of communities nationwide.

The U.S. Department of Housing and Urban Development has released new guidance and documents for the Tax Credit Assistance Program, which will provide federal funds through state housing credit agencies to stalled low-income housing tax credit projects to move them forward.

David Sterns was recently sworn in as the new Assstant Secretary for Housing and the Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development (HUD).

NH&RA has uploaded new video excerpts from the 2009 Spring Developers Forum, May 11-12 in Los Angeles, California. If you missed these great sessions you can view video excerpts from the meeting on HousingOnline’s You Tube Channel. The session explored new funding sources made available by the American Recovery & Reinvestment Act including the Tax Credit Exchange and TCAP Programs and in particular issues pertaining to the recent guidance provided by HUD, the Department of Treasury and the IRS on the implementation of these programs. Featured speakers include Peter Bell (NH&RA), Ronne Thielen (Centerline Capital), Joel Rubenzahl (Community Economics Group), Tom Capp (Gorman & Company) and Jeanne Peterson (Reznick Group).

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently announced $1.8 million in Community Development Block Grant funding to Birmingham, Alabama through the American Recovery and Reinvestment Act.