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NCSHA Comment to HUD Supports Data-Based Fair Housing Planning

This week, NCSHA submitted comments to HUD in response to the Department’s Advance Notice of Proposed Rulemaking (ANPR) on streamlining and enhancing its Affirmatively Furthering Fair Housing...

Senator Heller Introduces Renters Tax Credit for Seniors

On October 11, Senate Finance Committee member Dean Heller (R-NV) introduced the Seniors Affordable Housing Tax Credit Act, S. 3580, which would establish a tax credit for owners of multifamily rental property who agree to rent to extremely low-income seniors.

17 HFAs Awarded HUD Housing Counseling Grants for FY 2018

HUD announced today the recipients of $47 million in Housing Counseling program grants for fiscal year (FY) 2018.

FHFA Seeks Input on Modifications to Fannie Duty-to-Serve Plan, Including Increased Housing Credit Investments

The Federal Housing Finance Agency (FHFA) today released a Request for Input (RFI) seeking public input on several changes Fannie Mae has proposed to its Underserved Markets Plan for years 2018-2020.

Senator Warren Introduces Expansive Affordable Housing Bill; Would Authorize New Money for Housing Trust Fund, New HFA Grant Program

Senate Banking Committee member Elizabeth Warren (D-MA) introduced today legislation, the American Housing and Economic Mobility Act, to authorize $500 billion for affordable housing programs over the next 10 years. 

Housing Bond Issuance Increased Again in 2017, CDFA Survey Says

Private activity bond (PAB) issuance increased at least nine percent from 2016 to 2017, according to the Council of Development Finance Agencies’ (CDFA) latest Annual Volume Cap Report for 2018.

Tim Ryan Bill Would Provide Federal Assistance for Blight Removal

Representative Tim Ryan (D-OH) recently introduced legislation, the Clean Up Our Neighborhoods Act (H.R. 6792), that would provide federal funding to support blight elimination and neighborhood redevelopment activities in low-income communities. Rep. David McKinley (R-WV) is an original co-sponsor.

GAO Housing Credit Development Cost Study Illustrates State Efforts to Ensure Reasonable Costs and Recommends Additional Data Collection

Today, the U.S. Government Accountability Office (GAO) published its long-awaited report on Low Income Housing Tax Credit (Housing Credit) development costs, “Low-Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management.”

Utah Homebuilder Announces National Prize for Innovations in Affordable Homeownership

Ivory Homes, the largest homebuilder in Utah, Tuesday announced it is holding a national contest to reward innovators who are working to alleviate the affordable housing crisis.