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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

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...

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

Red Mortgage Capital, the mortgage banking division of Red Capital Group LLC, announced Dec. 8, 2014, the origination of an FHA 223(f) loan for the rehabilitation of Walnut Creek Village in Baltimore, Ohio. ...

February 1, 2015
Periodical News Brief

The Ohio Housing Finance Agency (OHFA) announced that owners will be required to submit the 2014 Annual Owner Certifications through DevCo Online, OHFA’s online management system...

March 1, 2015
Periodical News Brief

The U.S. Department of Housing and Urban Development (HUD) announced Jan. 5 that it is waiving the U.S. Housing Act provisions for the Family Self-Sufficiency (FSS) program. Congress required HUD to integrate operations of the public housing and Housing Choice Voucher (HCV) FSS programs. ...

April 1, 2015
Periodical News Brief

On Feb. 27 the Office of the Comptroller of the Currency (OCC) issued its second quarter 2015 Community Reinvestment Act (CRA) evaluation schedule. The first evaluation date is scheduled for May 15, with the last evaluation scheduled for June. The schedule is available at www.occ.gov.. ...

April 1, 2015
Periodical News Brief

On Feb. 16, the National Council of State Housing Agencies (NCSHA) sent a letter in response to the U.S. Department of Housing and Urban Development’s (HUD’s) reopening of the comment period on the Affirmatively Furthering Fair Housing (AFFH) proposed rule. ...

April 1, 2015
Periodical News Brief

Great Lakes Capital Fund (GLCF) announced a $10.5 million tax credit bridge loan and $14.5 million in equity Feb. 13 for the renovation and new construction of Central Park Towers, a Rental Assistance Demonstration (RAD) program property in Elgin, Ill. ...

April 1, 2015
Periodical News Brief

On March 5, the Community Development Financial Institutions (CDFI) Fund released a notice of public comment for its annual assessment evaluation for the CDFI Fund Bond Guarantee program. ...

May 1, 2015
Periodical News Brief

On March 23, the Internal Revenue Service (IRS) released Notice 2015-23, which updates the resident population figures to be used by states and localities in calculating the 2015 calendar year state housing credit ceiling and the 2015 private activity bond volume cap and volume limit. ...

May 1, 2015
Periodical News Brief

Rep. Maxine Waters, D-Calif., released a letter March 25 addressed toJulián Castro, the U.S. Department of Housing and Urban Development (HUD) secretary, asking him to provide guidance on the “one-strike-and-you’re-out” policy. ...

May 1, 2015
Periodical News Brief

Sens. Rob Portman, R-Ohio, and Jeanne Shaheen, D-N.H., introduced the Energy Savings and Industrial Competitiveness Act of 2015 (S.720) March 11. The bipartisan bill is designed to promote energy savings in residential buildings and the industry. ...

June 1, 2015
Periodical News Brief

On May 5, the U.S. Department of Housing and Urban Development (HUD), Office of Policy Development and research released the report, “Effect of QAP Incentives on the Location of LIHTC Properties.” ...

June 1, 2015
Periodical News Brief

The Wisconsin Housing and Economic Development Authority (WHEDA) announced April 17 an update to the recertification exemption policy. The policy was amended to clarify that if an owner has elected certain building identification numbers ...

June 1, 2015
Periodical News Brief

On April 28, the Obama administration announced eight additional Promise Zones across the United States. They include six cities, one rural area and one tribal community. The areas are Camden, N.J.; Hartford, Conn. ...

July 1, 2015
Periodical News Brief

On May 21, Sens. Al Franken, D-Minn., and Rob Portman, R-Ohio, introduced the Housing for Homeless Students Act of 2015 (S. 1412). The bipartisan bill would expand the eligibility criteria of the low-income housing tax credit ...

July 1, 2015
Periodical News Brief

On May 27, the U.S. Department of Housing and Urban Development (HUD) published a new Frequently Asked Questions (FAQs) for the Community Development Block Grant (CDBG) program. ...

August 1, 2015
Periodical News Brief

The Joint Center for Housing Studies of Harvard University (JCHS) released the report, “The State of the Nation’s Housing 2015” June 24. JCHS provides an assessment of the state of the rental and homeownership markets in its annual report. ...