Resources
National Low Income Housing Coalition Report: “The Gap: A Shortage of Affordable Homes March 2019”
The National Low Income Housing Coalition (NLIHC) reports a shortage of seven million available and affordable rental homes for America’s extremely low-income (ELI) renters in its annual report, “The Gap: A Shortage of Affordable Homes 2019,” released on March 14.
IRS Publishes Resident Population Figures to Calculate 2019 Low Income Housing Tax Credit and Private Activity Bonds
On March 18, the Internal Revenue Service (IRS) released Notice 2019-19, which provides the population figures to use for calculating states' 2019 calendar-year volume limits for the Low-Income Housing Tax Credit (Housing Credit) and Private Activity Bonds (PABs). The Housing Credit figure for each state is the greater of the population multiplied by $2.75625 or $3,166,875. The PAB cap is the greater of the population multiplied by $105 or $316,745,000.
Driving the HFA and Housing Message
Why do some messages and media resonate with policymakers and others do not? What are the most effective ways to drive positive coverage — and respond to negative attention? What are the most compelling affordable housing stories and the best ways to tell them? Get tips and techniques from top communications pros.
ACTION Statement for Ways and Means Hearing on Infrastructure
For the Ways and Means' Infrastructure Hearing, the ACTION Campaign submitted a statement for the record arguing that the Housing Credit plays an important role in combating the affordable housing infrastructure deficit our nation faces.
Housing Finance Reform Letter to Acting FHFA Director Otting
Below is a letter regarding housing finance reform to Acting Federal Housing Finance Agency (FHFA) Director Otting, signed by twenty-eight housing stakeholders, emphasizing the vital role that Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSEs), play in the housing finance and mortgage market.
IRS Publishes Final Housing Credit Utility Allowance Submetering Rule
The Internal Revenue Service (IRS) published final regulations amending the Housing Credit utility allowance rules to make permanent the previously existing submetering rules, which had been in place on a temporary basis since March of 2016.
IRS Publishes Amendments to the Low Income Housing Credit Compliance Monitoring Regulations
The Internal Revenue Service published in the Federal Register final regulations that amend the compliance monitoring regulations for the Low Income Housing Credit under section 42 of the Internal Revenue Code.
HUD Office of Multifamily Housing Programs Mortgagee Letter
HUD’s Office of Multifamily Housing Programs published a Housing Notice and related Mortgagee Letter today that expand the use of the Low-Income Housing Tax Credit (LIHTC) pilot program into New Construction and Substantial Rehabilitation loan products under Sections 221(d)(4) and 220.
HUD Office of Multifamily Housing Programs Housing Notice
HUD’s Office of Multifamily Housing Programs published a Housing Notice and related Mortgagee Letter today that expand the use of the Low-Income Housing Tax Credit (LIHTC) pilot program into New Construction and Substantial Rehabilitation loan products under Sections 221(d)(4) and 220.
