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December 1, 2014
Periodical News Brief

The Internal Revenue Service (IRS) released Revenue Procedure 2014-61 (Rev Proc 2014-61) Oct. 30. Rev Proc 2014-61 lists the annual inflation adjustments for low-income housing tax credits (LIHTCs) and private activity bond caps for fiscal year (FY) 2015...

December 1, 2014
Periodical News Brief

On Oct. 16, First Niagara, a federal deposit insurance corporation, announced $20.8 million in combined financing and historic tax credit (HTC) equity investments for Bethune Lofts at The Buffalo Meter Co. in North Buffalo, N.Y. First Niagara provided a $14.5 million construction loan and a $6.3 million HTC equity investment...

December 1, 2014
Periodical News Brief

The Iowa Department of Revenue’s amendments to Reg. 701–52.44 became effective Nov. 19. The amendments reflect legislative changes to the renewable energy tax credit (RETC) for solar systems installed from Jan. 1, 2014, to Jan. 1, 2017...

December 1, 2014
Periodical News Brief

On Oct. 15, the United States Department of Housing and Urban Development (HUD) announced $38.3 million in grants for more than 100 fair housing organizations and other nonprofit agencies...

December 1, 2014
Periodical News Brief

Pennsylvania Gov. Tom Corbett announced Sept. 29 the completion of an $8 million new markets tax credit (NMTC) transaction to help fund construction of Susquehanna Health Innovation Center, an outpatient services center in Williamsport, Pa....

December 1, 2014
Periodical News Brief

On Oct. 15, the Center on Budget and Policy Priorities released report that provides recommendations for federal rental assistance policy. “Creating Opportunity for Children: How Housing Location Can Make a Difference” indicates that federal rental assistance programs...

December 1, 2014
Periodical News Brief

On Oct. 27, the Federal Energy Regulatory Commission (FERC) released its “Energy Infrastructure Update” for September 2014. FERC found that renewable energy made up more than 40 percent of all new U.S. electrical generating capacity for placed-in-service projects during the first three quarters of 2014...

January 1, 2015
Periodical News Brief

On Nov. 18, Sens. Al Franken, D-Minn.; Rob Portman, R-Ohio; Patty Murray, D-Wash.; and Susan Collins, R-Maine; released a Dear Colleague letter to all Senate offices in support of the Housing for Homeless Students Act of 2014 (S. 2723). ...

January 1, 2015
Periodical News Brief

On Nov. 24, William Galvin, the Massachusetts secretary of state, announced $400,000 in historic preservation tax credits for the renovation and expansion of the Stockbridge Library in Stockbridge, Mass. ...

January 1, 2015
Periodical News Brief

On Nov. 6, the Advisory Council on Historic Preservation (ACHP) presented the Tribal Consultation Committee (TCC), North Dakota Department of Transportation and the Federal Highway Administration with its Chairman’s Award for Achievement in Historic Preservation. ...

January 1, 2015
Periodical News Brief

The American Energy Alliance (AEA) released a letter Nov. 6 to Speaker of the House John Boehner, R-Ohio, and then Senate Minority Leader Mitch McConnell, R-Ky., against the renewal of the production tax credit (PTC) during Congress’s lame-duck session ...

January 1, 2015
Periodical News Brief

On Nov. 25, the U.S. Treasury Department announced that Annie Donovan will be the new director of the Community Development Financial Institutions (CDFI) Fund. Donovan will oversee the expansion of access to capital and financial services in critically underserved urban, rural and tribal communities. ...

January 1, 2015
Periodical News Brief

On Dec. 2, the U.S. Senate confirmed the appointment of Nani Coloretti to serve as deputy secretary of the U.S. Department of Housing and Urban Development (HUD) after President Barack Obama’s nomination in March 2014 ...

January 1, 2015
Periodical News Brief

The U.S. Department of Housing and Urban Development (HUD) extended the comment period for the annual adjustment factors (AAFs) rent-increase requirement until Dec. 19, 2014 ...

February 1, 2015
Periodical News Brief

The United States Conference of Mayors released its annual report, “Hunger and Homelessness Survey: A Status Report on Hunger and Homelessness in America’s Cities” in late December 2014. The survey analyzes the status of hunger and homelessness in 25 cities. ...

October 1, 2010
Periodical News Brief

The Treasury Department in response to a recent survey’s finding that state housing agencies sought further clarification on recapture events released guidance in August for Section 1602 low-income housing tax credit (LIHTC) exchange funds.

February 1, 2015
Periodical News Brief

On Dec. 9, 2014, Enterprise Community Investment Inc. and Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc.. ...

February 1, 2015
Periodical News Brief

The Ohio Development Services Agency (ODSA) announced a $25 million award Dec. 18, 2014, for the renovation of Music Hall in Cincinnati, and $404,203 for renovation of the Spitzer Plaza Hotel and Lorain Renaissance Inn in Lorain. ...

February 1, 2015
Periodical News Brief

On Dec. 15, 2014, Berkeley Lab released the report, “Deconstructing Solar Photovoltaic Pricing: The Role of Market Structure, Technology and Policy.” ...

February 1, 2015
Periodical News Brief

On Nov. 24, 2014, William Galvin, the Massachusetts secretary of state, announced $400,000 in historic preservation tax credits for the renovation and expansion of the Stockbridge Library in Stockbridge, Mass. ...