Tag: affordable housing
Virginia Builders, County Make Progress on Housing Affordability
The HBA of Virginia and NAHB teamed up with local government officials in an effort to solve a county-wide housing affordability crisis.
Sen. Warren to Introduce Housing Affordability Bill
Sen. Elizabeth Warren (D-Mass.) is expected to introduce the American Housing and Economic Mobility Act Sept. 26, legislation the senator says is designed to bring down costs for renters and buyers alike.
Democrats Introduce Several Tax Bills Focusing on Affordable Housing
In the final days prior to the start of the traditional August congressional recess, Democrats in the House and Senate have put the spotlight on the affordable rental housing crisis by introducing a number of new bills.
Senate Panel Approves $1.8 Billion Budget Increase for HUD
The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]
New Democrat Coalition Calls for Building Millions More Housing Units
The New Democrat Coalition, a group of moderate House Democrats, has released a white paper seeking to find a solution to chronic problems facing the housing industry.
The report, entitled “Missing Millions of Homes,” says its goal is clear: “We need to build millions of more housing units.”
‘Workforce Housing’ Projects Help Ease Affordability Concerns
Nowhere in the United States can a person working a full-time minimum wage job afford to rent a market-rate two-bedroom apartment. One solution is to increase the amount of what many refer to as “workforce housing.”
Missed Opportunity for LIHTC on Budget Accord
Republican and Democrat leaders struck a deal yesterday on a $1.3 trillion omnibus spending package that missed a golden opportunity to significantly strengthen the Low Income Housing Tax Credit program.
Understanding LIHTC Verification Requirements
Join speaker Amanda Lee Gross, director of compliance training for E&A Team Inc., as she looks closely into the regulations and uncovers what is truly required when it comes to verifying income and other tenant eligibility requirements for the low income housing tax credit program.
IHA Meeting Focuses on Housing Affordability
Housing affordability continues to be a priority for housing experts not just in the United States, but worldwide, said participants at the 2017 Interim Meeting of the International Housing Association held in Tokyo last month.
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.
