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Novogradac & Company LLP provides online resource centers that present the most comprehensive and up-to-date information for the affordable housing and community development industries.
The California Debt Limit Allocation Committee issued its agenda Friday for its Sept. 29 meeting, which includes a recommendation to adopt emergency regulations to restore and reinstate previous emergency packages.
The U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing published Notice H 2021-05 Thursday opening the application period for supplemental funding due to the COVID-19 pandemic for properties receiving assistance as part of the Section 8, Section 202 or Section 811 programs.
Novogradac has convened a working group to examine the effects of a surprise announcement by the U.S. Census Bureau of a year 2020 data collection issue. In July, the U.S. Census Bureau announced that it will not publish 1-year American Community Survey (ACS) data for 2020.
The U.S. Department of Housing and Urban Development (HUD) issued a notice Monday updating flat rent submission requirements.
The U.S. House of Representatives Financial Services Committee today voted to approve legislation that drives $322 billion to housing and community development resources.
The U.S. Census Bureau today released its 2021 Current Population Survey Annual Social and Economic Supplement (CPS ASEC) report. The report indicated that, between 2019 and 2020, real median household income decreased 2.9% to $67,521 and the total number of people with earnings decreased by about 3 million. The number of those who worked full-time, year-round decreased by approximately 13.7 million. The real median earnings of all workers decreased 1.2%, while the real median earnings of those who worked full-time, year-round increased 6.9% between 2019 and 2020. The poverty rate increased for the first time after five consecutive annual declines, reaching 11.4% in 2020, up almost a full percentage point from 10.5% in 2019.
The Community Development Financial Institutions (CDFI) Fund will publish in Wednesday’s Federal Register a notice proposing minor revisions to CDFI Bond Guarantee program forms such as deleting and adding lines to applications and reports and updating calendar years. A proposed clarifying paragraph would be added to the guarantee application regarding applications that are deferred until a subsequent application round.