State and Local Investments in Rental Housing: A Summary of Findings from the 2023 Rental Housing Programs Database
State and Local Investments in Rental Housing: A Summary of Findings from the 2023 Rental Housing Programs Database
Nov 10, 2023
Affordable Housing News
FHFA Releases 2023 Annual Housing Report
On October 30, FHFA released its 2023 Annual Housing Report outlining Fannie Mae and Freddie Mac’s affordable housing activities in 2022
NCSHA Updates Recommended Practices for Housing Credit Administration
The National Council of State Housing Agencies (NCSHA) released an updated edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide how states administer the federal low-income housing tax credit (LIHTC) incentive....
IRS Increases LIHTC, Bond Volume Caps
The Internal Revenue Service has announced an increase in the low-income housing tax credit (LIHTC) and private-activity bond volume caps for 2023. The amounts used to calculate the state credit ceiling for 9% LIHTCs will be the greater of $2.90 multiplied by the...
Disaster Planning in RAD Conversions
The RAD Supplemental Notice published this July requires Public Housing Authorities (PHA) to analyze a property’s hazard risk by use of FEMA’s National Risk Index. If climate hazards are identified, PHAs are required to create a property-wide disaster plan...
TDHCA Posts Blacklined 2024 QAP
The Texas Department of Housing and Community Affairs (TDHCA) has posted to its website a blacklined version of the 2024 Qualified Allocation Plan (QAP) that is proposed to be adopted at the meeting of the Governing Board to be held on November 9, 2023. This version reflects revisions that have been made since the proposed draft QAP posted in the Texas Register for public comment after the September meeting.
Community Reinvestment Act Overhaul Published
Federal banking regulators released the final rule reforming the Community Reinvestment Act (CRA), since 1995.
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