Tag: affordable housing

Senate Tax Reform Bill Boosts Affordable Housing

Filed in Capitol Hill, Multifamily by on November 16, 2017 0 Comments
Senate Tax Reform Bill Boosts Affordable Housing

Senate Finance Committee Chairman Orrin Hatch (R-Utah) has released an updated version of the Senate tax reform bill that includes a number of changes that are favorable for the Low-Income Housing Tax Credit.

Continue Reading »

Tax Reform Plan Spells Disaster for Affordable Housing

Filed in Capitol Hill, Codes and Regulations, Multifamily by on November 9, 2017 1 Comment
Tax Reform Plan Spells Disaster for Affordable Housing

Recent analysis illustrates how the tax proposal introduced last week in Congress would have a devastating impact on the industry.

Continue Reading »

Requiring Land Use Agencies to Justify Denials

Filed in Land Development, Legal by on October 4, 2017 0 Comments
Requiring Land Use Agencies to Justify Denials

A prominent barrier to the development of affordable housing is unreasonable community opposition. This Oct. 10 presentation will explore the unique processes some states have enacted to handle land use denials.

Continue Reading »

HUD Proposes 2018 Difficult Development Areas, Qualified Census Tracts

Filed in Housing Finance, Multifamily by on September 12, 2017 0 Comments

HUD published a Federal Register notice Monday that designates Difficult Development Areas (DDA) and Qualified Census Tracts (QCT) for 2018.

Continue Reading »

LIHTC a ‘Lifeline’ for these Vets

Filed in Councils & Committees, Multifamily by on August 4, 2017 0 Comments
LIHTC a ‘Lifeline’ for these Vets

Developers of affordable housing know that the Low Income Housing Tax Credit is the lifeline that pulls vets and their families out of a cycle of poverty and into jobs, economic independence and a more meaningful life. It also means a safer, more affordable place for seniors and those with disabilities. Here’s how it works.

Continue Reading »

LIHTC Webinar: A Closer Look at Layered Projects

Filed in Education, Multifamily by on June 9, 2017 0 Comments

Attendees of an upcoming webinar, Critical Elements When Managing Layered Projects: LIHTC, Section 8, HOME and Rural Development, will explore the six major issues associated with the management of layered projects: income limits, income verification requirements, student eligibility, rents, agency inspections and handling over-income households.

Continue Reading »

House Bill Would Boost Effectiveness of Low Income Housing Tax Credit

Filed in Capitol Hill, Multifamily by on March 21, 2017 0 Comments
House Bill Would Boost Effectiveness of Low Income Housing Tax Credit

House Ways and Means Committee members Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.) today introduced the Affordable Housing Credit Improvement Act, legislation that contains a number of changes to enhance the effectiveness of the Low Income Housing Tax Credit (LIHTC).

Continue Reading »

LIHTC Bill Increases Allocations, Fixes 4% Credit Rate

Filed in Capitol Hill, Housing Finance, Multifamily by on March 8, 2017 0 Comments
LIHTC Bill Increases Allocations, Fixes 4% Credit Rate

Sen. Maria Cantwell (D-Wash.) and Senate Finance Committee Chair Orrin Hatch (R-Utah) on March 7 introduced the Affordable Housing Credit Improvement Act to strengthen and expand the Low Income Housing Tax Credit.

Continue Reading »

Senate Approves Legislation to Reform Affordable Housing Programs

Filed in Capitol Hill, Multifamily by on July 14, 2016 1 Comment
Senate Approves Legislation to Reform Affordable Housing Programs

The nation’s home builders today commended Senate passage of the Housing Opportunity Through Modernization Act of 2016, legislation that includes many NAHB-supported bipartisan fixes to HUD programs.

Continue Reading »

Omnibus Bill: Huge Wins for Affordable Housing

Filed in Capitol Hill, Housing Finance, Multifamily by on December 16, 2015 0 Comments
Omnibus Bill: Huge Wins for Affordable Housing

Shortly after midnight, the House and Senate tax writing committees released the text to a bipartisan agreement on tax extenders. The 2016 Omnibus also showed HOME receiving $950 million, $50 million more than fiscal 2015 appropriations. After threats to significantly cut the program in the Senate, NAHB worked with members of Congress to ensure that HOME stayed intact.

Continue Reading »

Advertisement