HUD’s new “Green Retrofit Program for Multifamily Housing” will offer up to $15,000 per residential unit in multifamily housing projects to reduce energy costs, cut water consumption, and improve indoor air quality. The money is the result of approximately $250 million made available through the American Recovery and Reinvestment Act of 2009. Eligible applicants must […]
The Oklahoma Housing Finance Agency (OHFA) has notified clients affiliated with its Section 8 Housing Choice Voucher (HCV) program that their names and personal information were contained on an agency laptop computer that was stolen from an OHFA employee’s home during a burglary in April. Immediately upon learning of the stolen property, the Oklahoma City […]
For the first time, state housing agencies will be provided with funds that they can use to assist developers of qualified affordable housing developments to fill the low-income housing tax credit (LIHTC) gap. The funds, which are coming from the American Recovery and Reinvestment Act (ARRA), will help to increase the supply of newly constructed […]
How do utility allowances affect the amount of rent that a site manager can request for a unit? The Delaware State Housing Authority (DSHA) provides this guidance. All utilities—electric, oil, water/sewer, etc.—that a resident would be required to pay must be included in the calculation of housing assistance for a family and in determining if […]
Across the United States in 2008, people with disabilities with the lowest incomes faced an extreme housing affordability crisis as rents for moderately priced studio and one-bedroom apartments soared above their entire monthly income. The national average rent for a one-bedroom unit climbed to $749 per month last year, higher than the $667 average monthly […]
When it released its request for proposal (RFP) for 9 percent federal low-income housing tax credits, the Washington D.C. Department of Housing and Community Development (DHCD) also asked project owners to fill out its “Guidelines for Developing a Tenant Service Plan” form. The District is looking to finance projects that focus on: elderly housing; special […]
The Connecticut Housing Finance Authority (CHFA) has earned an A grade for its green building requirements from a national environmental organization. The recent Global Green USA report ranked CHFA’s Qualified Allocation Plan (QAP) and its corresponding Design and Construction Standards first out of all 50 states. CHFA’s QAP earned 48 points out of a possible […]
A court denied the dismissal of a complaint brought against the Texas Department of Housing and Community Affairs (TDHCA) that alleged the agency disproportionately allocated tax credits for proposed developments, which perpetuates housing segregation. The complaint was brought against the TDHCA, and its executive director and board members, by the Inclusive Community Project, Inc. (ICP), […]
New York State Governor David Paterson announced the first nine projects that will receive financing as part of $253 million in affordable housing grants that are coming to the state through the American Recovery and Reinvestment Act (ARRA). These housing projects are the first in the U.S. to be awarded funding through the ARRA, and […]
The American Recovery and Reinvestment Act (ARRA) will “help state and local agencies unstick developments frozen by locked tax credit markets, accelerate shovel-ready community development and affordable housing projects, and bring long-standing funding gaps in our programs,” said HUD Secretary Shaun Donovan, speaking at the National Association of Housing and Redevelopment Officials (NAHRO) Annual Legislative […]
