ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Senator Evan Bayh (D-Ind.) has proposed legislation that would make $230 million in funding immediately available to begin work on shovel-ready affordable housing developments in flood-ravaged areas of Indiana. The legislation would clarifiy that disaster housing credits in Indiana, Alabama, Arkansas, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Minnesota, Nebraska, Texas and Wisconsin would be eligible for the Tax Credit Exchange Program.
NCAHMA has made available for download the materials presented during Setting the Stage: An Intro to Market Studies.
NH&RA will continue to update the ARRA resource page below as information is made available.
The U.S. Department of Housing and Urban Development has updated the FY 2009 Fair Market Rents to be used for FMRs for New Orleans, LA and Pearl River, MS for the Housing Choice Voucher Program and the Moderate Rehabilitation Single Room Occupancy Program.