Springtime in Washington: The Budget Knives Come Out

By Caitlin Jones
May 17, 2011 1 min read

Tax Credit Advisor, May 2011: Springtime in Washington, D.C. this year means budget frenzy – and the knives are out taking aim at housing.

On April 15, President Obama signed an omnibus appropriations bill (H.R. 1473) for the fiscal year ending September 30 (FY 2011) that significantly cuts funding levels for many federal housing and community development programs compared to FY 2010.

This may be just the first body blow, though. On April 15, the GOP-controlled House of Representatives approved a budget resolution for FY 2012, developed by Budget Committee Chairman Paul Ryan (R-Wisc.), which calls for massive spending cuts and tax reforms. President Obama has outlined his own deficit reduction proposal.

Leveraging NMTC and GGRF

A Synergistic Approach to Community Development

Jennifer Kirkley & Regan St. Pierre • September 13, 2024 6 min read

Increasingly, climate solutions are central to preserving and creating wealth and well-being in communities across the country.

What Can Be Done About Insurance?

NH&RA Panelists Explore Ways to Rein in High Insurance Costs for Affordable Housing

Pamela Martineau • September 1, 2024 6 min read

Meet with your underwriter in person, provide as much data as possible on relevant inspections and offer photos of improvements you’ve made to affordable housing properties. These were just a few of the tips offered at the National Housing & Rehabilitation Association’s Summer Institute Panel: “What Can Be Done About Insurance?”

Rainbow Housing: Transforming Resident Services from Within

Abram Mamet • September 1, 2024 9 min read

For most organizations, radical shifts in market strategy and company makeup generally come after crises. For Rainbow Housing Assistance Corporation (Rainbow), that radical shift came not as a result of significant challenges, but as a way to leverage successful internal practices to better serve the affordable housing industry.