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HUD Changes Effective-Date Language for Certain 2003 DDAs

Tuesday, April 11, 2006 - 11:30AM

The U.S. Department of Housing and Urban Development (HUD) today published a notice changing the effective date language for the 2003 difficult development areas (DDAs) that HUD did not designate as DDAs in 2004, to include Dec. 17, 2004. This will allow the designation to apply to projects affected by a misinterpretation of a Nov. 2, 2004 notice by a low-income housing tax credit (LIHTC) allocating agency.

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