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NSCHA Now!

 

HFA News

Blogs

  • Blog Post
    May 16, 2012
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    The approximately $85 million in funding will be awarded to state housing or other appropriate housing agencies to provide project-based rental assistance for the development of supportive housing for extremely low-income (ELI) persons with disabilities.

  • Blog Post
    May 14, 2012
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    HUD has issued Notice CPD 12-007, which provides operating guidance for implementing the HOME oversight provisions included in the FY 2012 HUD funding bill, P.L. 112-55. The requirements apply to all projects receiving FY 2012 HOME funds, including all 2012 CHDO set-aside funds.

  • Blog Post
    May 14, 2012
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    On May 3, the IRS formally issued final regulations on Housing Credit qualified contracts providing guidance on taxpayer requests to Housing Credit agencies to obtain qualified contracts for acquisition of low-income buildings. The IRS adopted a number of NCSHA’s recommendations on the proposed rule and recognized the importance of maintaining flexibility for HFAs in administering the qualified contract process.