- 01 17 State HFAs to Receive HUD Counseling Grants for FY 2016
- 02 Senators Cantwell and Hatch Introduce Housing Credit Cap Increase Legislation
- 03 HUD Affirms HFAs’ Ability to Provide Down Payment Assistance with FHA Loans
- 04 Senate Passes FY 2017 Housing Appropriations Bill
- 05 House Appropriations Committee Approves FY 2017 HUD Funding Bill
- HFA NewsJune 21, 2016OHFA Announces 2015 Housing Tax Credit Program Recipients, Awarding More Than $30 Million to Create Affordable Housing Options
At its June 15, 2016, meeting, the Ohio Housing Finance Agency (OHFA) Board announced the recipients of the 2016 Housing Tax Credit (HTC) program awards, used to fund the construction,
- HFA NewsJune 17, 2016
Today DC Open Doors, a single family mortgage program of the District of Columbia Housing Finance Agency (DCHFA), introduces Mortgage Credit Certificates (MCCs) in DC.
- HFA NewsJune 14, 2016
The Pennsylvania Housing Finance Agency has issued a Request for Proposals (RFP) for projects to improve the availability and affordability of housing in the Marcellus Shale region of the state. The deadline for proposal submission is 2 p.m. on August 12.
- Blog PostJune 27, 2016
On June 22, Harvard University’s Joint Center for Housing Studies (JCHS) released The State of the Nation’s Housing 2016, its latest annual report on U.S. housing trends. While the report finds that the housing market continues to recover post-crisis, it highlights serious challenges, including all-time high renter cost-burdens, growing concentrations of poverty, falling homeownership rates, and tight mortgage credit. JCHS cites state efforts, including those by state Housing Finance Agencies (HFAs), to address these challenges but concludes that increased federal investment in affordable housing is also necessary.
- Blog PostJune 24, 2016
On June 24, the House Republican Tax Reform Task Force, chaired by House Ways and Means Committee Chairman Kevin Brady (R-TX), released its blueprint for tax reform, A Better Way: A Pro-Growth Tax Code for All Americans. The blueprint is silent on both the Low Income Housing Tax Credit and tax-exempt bonds, including Housing Bonds, but declares that it would “generally eliminate special-interest deductions and credits in favor of providing lower tax rates for all businesses and eliminating taxes on business investment.” The only business credit the blueprint specifically calls for is a credit to encourage research and development (R&D) that is similar to the current R&D credit.
- Blog PostJune 23, 2016
Yesterday, Chairman Tim Scott (R-SC) and Ranking Member Robert Menendez (D-NJ) of the Senate Banking, Housing and Urban Affairs Subcommittee on Housing, Transportation, and Community Development introduced S. 3083, the Housing Opportunity Through Modernization Act (HOTMA), to streamline and reform several federal housing assistance programs.