In this December 2018 interview with Affordable Housing Finance, NCSHA Executive Director Stockton Williams discusses the Housing Credit income-averaging option and what it means for state Housing Finance Agencies and developers. Additional Income Averaging Resources Access the Video […]
Read More… from Breaking Down Income Averaging with NCSHA’s Stockton Williams
December 02 – 04, 2018 | Washington, DC Navigating the Age of Disruption: Winning Amidst the Chaos 2019 Economic and Housing Outlook Don Ball Foundation: Recovery Hope USA Bruce P. Mehlman Founder | Mehlman Castagnetti Rosen & Thomas Frank Nothaft Executive, Chief Economist | CoreLogic Dr. Ernie Fletcher Chief Executive Officer | Alton Healthcare Access […]
The link below reflects Average Income Test policies state allocating agencies have shared with NCSHA. There may be additional states that have published policies since that date of which NCSHA is unaware. In addition, it is possible that state allocating agencies may revise their policies and not send NCSHA the revisions; therefore, we do not […]
On November 30, CBRE published The Case for Workforce Housing, A Market Perspective, a report that predicts workforce housing will outperform the rest of the multifamily housing market in 2019 and will continue to be a significant opportunity for investors in multifamily housing. CBRE’s research indicates the workforce housing community, which currently encompasses almost 13.5 […]
Read More… from CBRE | A Case for Workforce Housing, a Market Perspective
On November 8, the Treasury Department and Internal Revenue Service issued their 2018-2019 Priority Guidance Plan (PGP) which lists guidance projects on which they will focus during the 12-month period from July 1, 2018, to June 30, 2019. The PGP includes several guidance projects related to the Low Income Housing Tax Credit, tax-exempt Housing Bonds, […]
IRS Revenue Procedure 2018-10, which can be found in 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). View Document […]
On November 19, NCSHA sent a letter to the Office of the Comptroller of the Currency regarding their September 5 Advanced Notice of Proposed Rulemaking (ANPR), seeking public input on possible amendments to its Community Reinvestment Act (CRA) regulations. View Document […]
Read More… from NCSHA Comments on OCC CRA Advanced Notice of Proposed Rulemaking
IRS issued Revenue Procedure 2018-57, providing 2019 per-capita and small state minimum volume cap amounts for the Low Income Housing Tax Credit (Housing Credit) and Private Activity Bonds (PABs). The Housing Credit ceiling for 2019 is the greater of roughly $2.76 (specifically, $2.75625) multiplied by the state population or $3,166,875. This is a $.05 increase over […]
Codifies VAWA core protections across covered HUD programs to ensure individuals are not denied assistance, evicted, or have their assistance terminated because of their status as victims of domestic violence, dating violence, sexual assault and stalking, or for being affiliated with a victim. […]
