The National Council of State Housing Agencies (NCSHA) Board of Directors announced today that housing and economic development expert Stockton Williams has been appointed Executive Director, effective April 2.
The Administration’s FY 2019 Budget proposes eliminating HOME, the Housing Trust Fund, CDBG, and other effective housing programs, and drastically reduces federal rental assistance on which so many people rely. Losing funding for these programs would be a devastating blow to the efforts of state Housing Finance Agencies (HFAs) and others to provide affordable housing and a path out of poverty for thousands of families.
We agree America is a nation of builders. The National Council of State Housing Agencies (NCSHA) asks Congress and the Administration to enact infrastructure legislation that supports the builders who produce desperately needed affordable homes for families ready to build their lives on the foundation a decent, affordable home provides. Affordable housing often leads directly to added security, quality education, health benefits, and proximity to good jobs.
Senate Democrats this week released their Jobs & Infrastructure Plan for America’s Workers, a $1 trillion plan to invest in and modernize our nation’s infrastructure. Among other investments, Senate Democrats propose $62 billion for affordable housing, neighborhood revitalization, and lead remediation.
The Internal Revenue Service (IRS) on March 5 published Revenue Procedure 2018-18 (contained within Internal Revenue Bulletin 2018-10), modifying 2018 cost-of-living adjustments for various programs, including the Low Income Housing Tax Credit (Housing Credit) and private activity bonds (PAB).
The Federal Housing Finance Agency (FHFA) issued March 6 a proposed rule that would amend the Federal Home Loans Banks’ (FHLB) Affordable Housing Program (AHP).
Founder and senior partner of LSA & Partners, Byron L. Lee has been appointed by Senate President John A. Alario, Jr., to serve on the Louisiana Housing Corporation Board of Directors.
The Louisiana Housing Corporation Board of Directors approved the issuance of $28.3 million in Multifamily Housing Revenue Bonds.
Bank of North Dakota is highlighting the new tax benefits North Dakota families can receive by utilizing North Dakota’s 529 College SAVE Plan for K-12 tuition payments.