Public Housing

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

U.S. Department of Housing and Urban Development Director Shaun Donovan recently announced $96 million in grants to 15 public housing authorities across the country to make substantial improvements to thousands of public housing units.

The House of Representatives has by a vote of 256-168 2010 Transportation, Housing and Urban Development Appropriations Bill.

NH&RA’s HOPE VI Council is convening at the 2009 Summer Institute, on July 31 to brainstorm and provide feedback on the Obama Administration’s proposed Choice Neighborhood Initiative (CNI). The proposed FY-2010 HUD Budget has allocated $250 million for this program, which would replace the HOPE VI program and expand its scope to address neighborhoods in a broader based manner.

The Urban Institute has published a new report entitled “The Uncharted, Uncertain Future Of HOPE VI Redevelopments: The Case for Assessing Project Sustainability.”

On-Site Insight, the capital planning subsidiary of CAS Financial Services has begun field inspections of the nation’s 1.3 billion-unit public housing portfolio to provide Congress and HUD a quantitative cost estimate for addressing public housing’s multi-billion-dollar capital backlog.

Governor David A. Paterson signed into law new legislation that will extend affordable housing for another 30 years to the tenants of the Starrett City housing complex in Brooklyn, the nations largest publicly assisted affordable housing complex.

Tax Credit Advisor ““ August 2009 ““ Built on a former U.S. Navy housing site, this new low-income housing tax credit development in Long Beach, Calf. called Family Commons at Cabrillo, provides affordable apartments and access to a range of supportive services to formerly homeless individuals and families, with special attention given to disabled war veterans.

The U.S. Department of Housing and Urban Development has released its proposed 2010 Fair Market Rents.

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 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. 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.