Industry compliance experts explore current issues in Housing Credit compliance, including income limit and utility allowance updates, fair housing enforcement action, and the impact of natural disasters and casualty loss events. Understand how the new income averaging option will impact compliance monitoring. DISCUSSION LEADER Susan Westbrook, Supervisor of Rental Compliance Operations | North Carolina Housing […]
Nationally renowned architect Michael Pyatok discusses key strategies for controlling Housing Credit development costs at the design stage and the importance of good design in securing public acceptance of affordable housing. SPEAKER Michael Pyatok, Principal | Pyatok Architecture and Urban Design Delivered during NCSHA’s Housing Credit Connect 2018 […]
Preservation advocates join allocating agency representatives to discuss development and compliance challenges in the Housing Credit portfolio. Explore recapitalization of Year 15 properties, workout strategies, qualified contract policies, ownership transfers, and enforcement of affordability restrictions and other compliance requirements in the extended use period. DISCUSSION LEADER Susan Eliason, Director of Housing Development | Delaware State […]
Read More… from Strategies for Preservation and Continuing Compliance (HCC18)
On June 15, 2018, the National Council of State Housing Agencies (NCSHA) provided comments to the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) on their recommendations for items that should be included in the 2018-2019 Priority Guidance Plan, as requested in Notice 2018-43. In the letter, NCSHA requested additional guidance, requirements, […]
Read More… from NCSHA Comments on 2018-2019 Priority Guidance Plan
On June 13, 2018, the National Council of State Housing Agencies, on behalf of the state Housing Finance Agencies and other Low Income Housing Tax Credit allocating agency members, composed a letter to the Department of the Treasury and Internal Revenue Service to ensure the successful implementation of the recently enacted new minimum set-aside election […]
Read More… from NCSHA Income Averaging Letter to IRS and Treasury
On June 12, 2018, NCSHA submitted comments to the Federal Housing Finance Agency (FHFA) on its proposed rule amending the Federal Home Loan Banks’ (FHLBs) Affordable Housing Program (AHP). The comments express support for FHFA’s goal to modernize the AHP regulations to allow the FHLBs more flexibility and discretion in how they allocate their funding, […]
Read More… from NCSHA Comments on FHFA Affordable Housing Program Amendments
The Bipartisan Policy Center (BPC) recently reported on the connection between affordable housing and health and the partnership between the U.S. Departments of Housing and Urban Development (HUD) and Health and Human Services (HHS). Working together and incorporating data-driven and evidence-based approaches, BPC concludes the departments are able to improve the health and quality of […]
Read More… from Bipartisan Policy Center | HUD-HHS Partnerships: A Prescription for Better Health
The New Democrat Coalition, a group of moderate Democratic members of the House of Representatives, has released a white paper titled Missing Millions of Homes, which outlines the preliminary findings of the Coalition’s Housing Task Force, convened last year to consider solutions to rising housing costs. The report finds that “housing is increasingly unaffordable because prices and […]
Read More… from The New Democrat Coalition | Missing Millions of Homes
Representative Curbelo sends Dear Colleague Cosponsorship Letter for H.R. 1661, “The Affordable Housing Credit Improvement Act.” […]
Read More… from Representative Curbelo sends Dear Colleague Cosponsorship Letter
