Articles Archives

Capital Briefs

3 min read

CDFI Fund Invites Applications for Capital Magnet Fund Dollars

The Community Development Financial Institutions (CDFI) Fund has published a notice to solicit applications for funding under the initial round of the new Capital Magnet Fund (CMF) program by April 15. At the same time, the CDFI Fund published proposed regulations for the program and requested comments by May 14.

Rising from the Ashes: Tarnished Brooklyn Complex Is Redeveloped With Help of Tax Credit

3 min read

Years of disregard and poor management had taken its toll on Riverdale Osborne Towers, a multifamily housing complex of four nine-story buildings in the Brownsville neighborhood of Brooklyn, N.Y.

State Agency Roundup

3 min read

Illinois Agency Launches New Preservation Initiative

The Illinois Housing Development Authority has launched a new statewide initiative to preserve affordable rental housing developments. The new initiative is funded by IHDA’s Multi-Family Initiative Bond program, which will make available $184 million in tax-exempt bond financing for development projects.

NCAHMA Develops New White Paper

1 min read

The National Council of Affordable Housing Market Analysts (NCAHMA), an independent council within NH&RA, is putting together a white paper that will detail the suggested scope of study for the preparation of a market study for a proposed low-income housing tax credit project.

Developers’ Council Meets

1 min read

NH&RA’s Developers’ Council met on March 12 at NH&RA’s 2010 Annual Meeting.

Key Bills at a Glance

1 min read

Following is the status of key bills pending in Congress that NH&RA and its Councils are advocating or supporting:

HOPE VI Council Meets, Plans Activities

1 min read

Members of the HOPE VI Council, a council within NH&RA, met on March 10 at NH&RA’s 2010 Annual Meeting to discuss current issues and future activities. The Council is focusing on ways to enlist the support of HUD for positive actions regarding operating issues for HOPE VI projects to help such projects address and overcome current financial challenges.

Historic Preservation Council Provides Update

1 min read

Members of the National Council of Affordable Housing Market Analysts (NCAHMA), a part of NH&RA, are putting together a white paper that will detail the suggested scope of study for the preparation of a market study for a proposed low-income housing tax credit project.

NH&RA to Launch New Initiatives

1 min read

NH&RA will be launching two new initiatives in the weeks ahead. One will be a new Legislative Leadership Council, which will be a coordinating body that makes recommendations to NH&RA’s Executive Committee regarding specific legislative and regulatory issues for the organization to pursue and act on.

Energy Group Meets With HUD

1 min read

NH&RA officials on behalf of the Council for Energy Friendly Affordable Housing (CEFAH) met in mid-March with senior executives of the U.S. Department of Housing and Urban Development (HUD) on energy efficiency issues.

New Markets Committee Meets With Officials

1 min read

Members of the New Markets Tax Credit Steering Committee, a council within NH&RA, interacted with officials from the Community Development Financial Institutions Fund and the Government Accountability Office (GAO) on March 10 at NH&RA’s 2010 NMTC Symposium.

NH&RA Elects Officers, Revamps Titles

1 min read

The National Housing & Rehabilitation Association elected officers and board members at its 2010 Annual Meeting on March 10-14 in Miami Beach, Fla.

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