Caitlin Jones & A. J. Johnson • 2 min read
THE U.S. Department on Housing and Urban Development (HUD) on 11/19/07 published a final rule in the Federal Register that lifts a previous limitation that restricted the HUD Section 8 project-based voucher rent to the low-income housing tax credit (LIHTC) rent for units assisted by vouchers and credits.
Caitlin Jones & A. J. Johnson • 7 min read
THE U.S. DEPARTMENT OF AGRICULTURE’S Rural Development Office of Multi-Family Housing estimates that 4,250 Section 515 affordable rural housing properties “will physically deteriorate to the point of being unsafe or unsanitary within the next few years.”
Caitlin Jones & A. J. Johnson • 6 min read
A NEW STUDY CONCLUDES THAT low-income housing tax credit (LIHTC) rents could stay flat for years in hundreds of communities across the U.S.
Caitlin Jones & A. J. Johnson • 10 min read
THE USE OF HOUSING credits and a little-known Fannie Mae program is enabling a public housing agency in Jackson, TN, to fund the comprehensive rehabilitation of an older small public housing property for elderly and disabled residents.
Caitlin Jones & A. J. Johnson • 6 min read
AS THE FIRST SESSION OF THE 110th Congress drew toward a close before year-end, supporters of transferred to 2008 their expectations for action by Congress on legislation to amend the federal low-income housing and historic rehabilitation tax credit programs, and to extend the federal new markets tax credit.
Nathan Petrillo • 7 min read
IN RECENT YEARS, DEVELOPERS, police departments, and others have become increasingly interested in design and crime prevention as they relate to development and management of affordable rental housing. Preventing or reducing crime in affordable apartment properties, including low-income housing tax credit projects, provides a safer and more positive environment for residents, enhances the marketability of properties, and can reduce operating costs.
Caitlin Jones & A. J. Johnson • 1 min read
Tennessee’s governor has signed the state’s final QAP for its 2008 low-income housing tax credit program.
Caitlin Jones & A. J. Johnson • 1 min read
The Maryland Department of Housing and Community Development has announced that 4/1/08 will be the application deadline for its Spring 2008 Competitive Funding Round, which will offer low-income housing tax credits.
Caitlin Jones & A. J. Johnson • 1 min read
The New Jersey Housing and Mortgage Finance Agency has issued its proposed 2008 qualified allocation plan (QAP) for its low-income housing tax credit program, and is accepting written comments on it through 4/19/08.
Caitlin Jones & A. J. Johnson • 1 min read
The National Trust for Historic Preservation and HUD are soliciting nominations by 3/1/08 for the 2008 HUD Secretary’s Award for Excellence in Historic Preservation.
Caitlin Jones & A. J. Johnson • 1 min read
The National Low Income Housing Coalition has created a Web site, called Housing 2008 (http://www.housing2008.org), that provides links to the various housing positions of the individual 2008 Democratic and Republican presidential candidates.
Caitlin Jones & A. J. Johnson • 1 min read
President Bush on 12/26/07 signed into law a consolidated omnibus spending bill (H.R. 2764) to fund federal departments and agencies for the rest of the fiscal year (FY 2008) ending 9/30/08.