NCSHA Blogs
President Signs FY 2018 Omnibus Spending and Tax Bill
President Trump this afternoon signed the Fiscal Year (FY) 2018 omnibus spending bill, just hours after indicating he might veto the measure and hours before federal funding was set to expire under the current Continuing Resolution.
FY 2018 Omnibus Spending Bill Includes Significant Victories for HOME, Housing Credit, and Other Affordable Housing Programs
The House today approved a $1.3 trillion omnibus spending bill to fund the federal government for the remainder of Fiscal Year (FY) 2018.
NLIHC Report Spotlights Affordable Rental Housing Shortage
According to the recent NLIHC study, there are 11.2 million extremely low-income (ELI) renter households in the United States — nearly 26 percent of all renter households and almost 10 percent of all households.
The Bollinger Foundation is Now Accepting Scholarship Grant Nominations
The Bollinger Foundation is now seeking nominations for their 2018 grant awards.
Five HFAs Awarded Capital Magnet Fund Grants
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced last week the recipients of the Capital Magnet Fund’s fiscal year (FY) 2017 round of funding.
Senate Passes Comprehensive Financial Regulatory Reform Bill
The U.S. Senate on March 14 passed legislation, the “Economic Growth, Regulatory Relief, and Consumer Protection Act” (S. 2155), that amends federal banking law and financial regulations.
Senate Democrats Unveil Infrastructure Plan with Support for Affordable Housing
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.
Tax Law’s New Inflation Adjustment Lowers 2018 Small State Minimum for Housing Credit and Private Activity Bond Volume Caps
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).
FHFA Proposes Changes to FHLB Affordable Housing Program
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).
AHTCC Now Accepting Applications for 24th Annual Charles L. Edson Tax Credit Excellence Awards
The Affordable Housing Tax Credit Coalition (AHTCC) is currently accepting entries for the 24th Annual Charles L. Edson Tax Credit Excellence Awards.
