Newsroom
Average Income Test Final Rule Appears to Facilitate Practical Implementation of the New Set-Aside in Housing Credit Developments
Today, the U.S. Department of the Treasury and the Internal Revenue Service published final and temporary regulations providing guidance on the Low Income Housing Tax Credit (Housing Credit) Average...
NCSHA Washington Report | October 7, 2022
The first comprehensive federal review of the Federal Home Loan Bank system is officially underway, with the completion this week of three days of public testimony from interested parties in...
Kansas Emergency Rental Assistance Awards More Than $250 Million to Kansans in Need
More than 75,000 Kansans and 10,000 housing and service providers have received more than $250 million in rental and utility assistance, preventing thousands of evictions and providing vital services to more than 30,000 families at risk of losing their homes.
Administration Announces Progress on Housing Supply Action Plan, Release of Housing Credit Average Income Rule and Deadline Extensions
This morning the Biden-Harris Administration published a progress report on its efforts to advance the agenda items in the Housing Supply Action Plan released last May, including the announcement of today’s imminent publication of the final rule for the Housing Credit Average Income Test (AIT) minimum set-aside and Internal Revenue Service guidance extending the placed-in-service deadlines for certain Housing Credit developments, as well as other deadline extensions for which NCSHA has been advocating. NCSHA will publish blogs later today analyzing the AIT final rule and the deadline extensions.
HCR and CPC Partner on $250 Million Climate Friendly Homes Fund to Help Increase Building Electrification and Reduce Carbon Emissions
New York State Homes and Community Renewal and the Community Preservation Corporation, a leading New York-based nonprofit housing and community revitalization finance company, are partnering on the State’s new $250 million Climate Friendly Homes Fund.
Connect Maryland: Governor Hogan Announces Applications Open Today for $95 Million to Further Expand Broadband Access
Governor Larry Hogan announced that applications open today for $95 million in funding to expand high-speed internet access across the state through Connect Maryland, an initiative to supercharge the state’s investment in broadband and address the digital divide.
Housing Assessment Says State’s Population is Wealthier, Younger and More Racially Diverse
A decade ago, North Dakota’s housing needs were driven by a rapidly growing population. A statewide housing needs assessment conducted by North Dakota State University’s (NDSU) Center for Social Research in partnership with North Dakota Housing Finance Agency (NDHFA) says the state’s focus needs to shift from building as fast as possible to addressing the age of its housing stock, limited housing options and affordability barriers.
HUD Makes Available Unprecedented $379 Million in Choice Neighborhoods Funding
HUD's Signature Place-Based Program Available to Cities of All Sizes WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced the availability of an historically-high...
Reuter and Barden Recognized with Champion of Affordable Housing Awards
North Dakota Housing Finance Agency (NDHFA) presented Champion of Affordable Housing Legacy Awards to Jacob Reuter of Fargo, ND, and Dwight Barden of Bismarck, ND, during a Statewide Housing Forum. The award recognizes individuals who have demonstrated outstanding efforts at advocating for or providing affordable housing or related services.
Cumberland River RHOAR Center Breaks Ground October 12, Will Benefit Women and Community in Middlesboro
Bell County will soon have a new living and resource center for approximately 100 women recovering from substance abuse. Construction on the Cumberland River RHOAR Center will begin Wednesday, October 12, with a groundbreaking ceremony at the site in Middlesboro.
THDA Launches Phase 2 of Tennessee Housing Assistance Fund
Tennessee Housing Development Agency has successfully launched the second phase of its Tennessee Housing Assistance Fund in an effort to help eligible homeowners lower their monthly mortgage payments.
Lt. Gov. Crouch, IHCDA Open Applications for Indiana’s Energy and Water Assistance Programs
Lt. Gov. Suzanne Crouch and the Indiana Housing and Community Development Authority (IHCDA) have opened applications for Indiana’s Energy Assistance Program (EAP) and Water Assistance Program (WAP). These programs are designed to help households across the state pay their bills and avoid shutoffs, especially during the winter months.
