NCSHA Blogs
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.
USDA Announces Technical Assistance Grants for the Preservation of Section 515 Properties
The U.S. Department of Agriculture (USDA) earlier this week published a Request for Proposals (RFP) soliciting applications from qualified non-profit organizations and public housing authorities (PHA) who will provide legal and technical assistance to organizations seeking to acquire Rural Housing Service (RHS) Section 515 properties with maturing mortgages.
AEI Housing Experts Release Plan for Winding Down Fannie Mae and Freddie Mac
At an event Tuesday at the American Enterprise Institute (AEI), several housing experts discussed their proposal to eliminate the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and privatize most of the housing finance system.
CohnReznick Publishes 2017 Housing Credit Equity Market Survey
CohnReznick has published the results of its annual Housing Credit equity market survey. Based on data from 36 national Housing Credit syndicators and direct investors, CohnReznick estimates a 2017 gross equity volume of $15.1 billion. This volume represents a 10 percent reduction from the 2016 level.
Urban Land Institute Seeking Nominations for Annual Housing Awards
The Urban Land Institute's Terwilliger Center for Housing is currently accepting nominations for its annual housing awards.
