NH&RA

QAP California

California Seeks Universal Spreadsheet Standards Beta Testers

The California Tax Credit Allocation Committee (CTCAC), California Debt Limit Allocation Committee (CDLAC), California Housing Finance Agency (CalHFA) and California Department of Housing and Community Development (HCD) are working together to develop Universal Spreadsheet Standards (USS), which will streamline the process of seeking project financing.

General News

NH&RA Signs Letter Supporting Tax Credits to Decarbonize Buildings

NH&RA signed a letter to Congress along with 120 organizations supporting federal legislation that would create tax credits for zero-carbon buildings and retrofits. Buildings are the largest single contributor of global greenhouse gas (GHG) emissions, producing approximately 40 percent of global emissions.

HUD

NH&RA Sends Senate Banking Committee Letter Supporting Nomination of Julia Gordon as FHA Commissioner

NH&RA sent a letter to the Senate Committee on Banking, Housing and Urban Affairs supporting the nomination of Julia Gordon as Federal Housing commissioner/assistant secretary for housing at HUD. The committee will consider Gordon’s nomination after they return from the Independence Day recess next week.  

General News

NH&RA Joins FY2022 FSS Funding Letter

NH&RA joined with 50 other organizations in a letter to congressional appropriators calling for increased Fiscal Year (FY) 2022 funding for the Family Self-Sufficiency (FSS) Program. Specifically, we ask for $150 million, an increase of $45 million over FY 2021. This increase would allow the program to serve an additional 45,000 households.

General News

NH&RA Calls for LIHTC Support in CRA Comments

NH&RA submitted comments to the Federal Reserve on its Community Reinvestment Act (CRA) advanced notice of proposed rulemaking, urging the Fed to avoid making any changes to CRA that would decrease investment in LIHTC.

QAP Colorado

Colorado Issues PAB Guidelines, FAQS

Colorado Housing and Finance Authority (CHFA) established a $375 million private activity bond (PAB) pool of multifamily tax-exempt volume cap resources available in 2021 and posted the PAB Pool guidelines and FAQs. The CHFA PAB Pool was created to support the development of four percent multifamily housing credit projects in 2021 and to increase the affordable rental housing stock in Colorado. NH&RA is pleased to see the 30-day extension for reservations of PAB cap added per our suggestion in our comment letter.

NH&RA News

NH&RA Hosts COVID-19 Member Town Hall

NH&RA is hosting a members-only town hall to provide a forum for affordable housing owners and operators to share COVID-19 best practices on Thursday, March 26 from 3:00-4:30 pm EDT.