Tag: affordable housing
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.
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.
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.
HUD Proposes 2018 Difficult Development Areas, Qualified Census Tracts
HUD published a Federal Register notice Monday that designates Difficult Development Areas (DDA) and Qualified Census Tracts (QCT) for 2018.
