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Community Development and Housing News: July 29, 2022

Posted by NMA on Aug 1, 2022 8:45:00 AM

HUD issues a Family Self-Sufficiency accounting brief and provides vouchers for people with disabilities and foster youth; the US Senate Committee on Finance discusses LIHTC; and Rhode Island dedicates a substantial percentage of ARPA funds to affordable housing and homeless assistance.

Recent News

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PIH-REAC Issues Accounting Brief on FSS Program Financial Reporting

The PIH Real Estate Assessment Center has issued Accounting Brief #26, which provides information on properly reporting Family Self-Sufficiency program transactions in your PHA’s Financial Assessment Subsystem submission, including FSS Program Coordinator Grant Reporting; FSS Program Coordinator Grant Expense reporting; and FSS escrow activity reporting, including new reporting requirements and eligible uses of FSS escrow forfeitures, but not including the calculation of the FSS escrow. Read brief

 

Recap of Senate Finance Committee Hearing on the Role of Tax Incentives in Affordable Housing

NLIHC recaps a recent hearing held by the US Senate Committee on Finance, “The Role of Tax Incentives in Affordable Housing.” Senators discussed the impact of LIHTC, the affordable housing shortage, funding from ARPA, and the proposed “Eviction Crisis Act." Read article

 

Rhode Island Dedicates 23% of ARPA Funds to Affordable Housing and Homeless Assistance, Passes 10 Bills to Address Housing Crisis

Rhode Island’s 2023 budget allots $221 million to affordable housing and homeless prevention, building on an allocation of $29 million approved in January. NLIHC reports on budget details and the advocacy by Homes RI and Housing Network of Rhode Island that led to the investment in housing. Read article

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Topics: Foster Children, FSS, LIHTC, Industry News

Common Tax Credit Compliance Questions and Answers Webinar

Posted by NMA on Apr 27, 2020 7:45:00 AM

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NMA's trainer and consultant, Heather Wiedenfeld is teaming up with HAI Group to bring you our Common Tax Credit Compliance Questions and Answers Webinar to help you prepare for taking NMA’s online
Fundamentals of Low-Income Housing Tax Credit (LIHTC) Management course, offered by our our partners’ online training division.

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Topics: LIHTC, Knowledge Base

The PIH Alert: a daily summary with the latest news on affordable housing

Posted by NMA on Jul 18, 2019 7:24:00 AM

PIH Alert Screenshot

We know time is valuable, and we will save you tons! NMA’s PIH Alert, one of our most helpful services for the affordable housing industry, allows public housing agencies (PHAs) and housing professionals to stay current with HUD’s new regulations, notices, and guidance—without having to worry about finding it yourself.

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Topics: Fair Housing, LIHTC, Industry News, Multifamily, Housing Choice Voucher

Community development and housing news: June 13, 2019

Posted by NMA on Jun 13, 2019 11:12:57 AM

Community development and housing news for June 13, 2019

President Trump signs package to deliver disaster relief funds, the Affordable Housing Credit Improvement Act of 2019 bill is proposed, Cities of Service Awards $150,000 to six cities for New Experience Matters Program, and other stories we're following this week.

Breaking newsBuildings with Puerto Rico flag hanging

President Donald Trump signed a package on June 6 that would deliver $19.1 billion in disaster relief.

The bill includes $600 million in nutrition assistance for Puerto Rico, $3 billion for farmers to help cover crop losses, $1.6 billion to help repair damaged highways, $720 million for the U.S. Forest Service to help cover wildfire suppression efforts, and $120 million to help the National Park Service repair damaged public lands. Read more

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Topics: Fair Housing, LIHTC, Persons With Disabilities, Disaster Recovery

Community development and housing news

Posted by NMA on Apr 2, 2019 12:51:20 PM

Community development and housing news for April 2, 2019

Landmark decision in Connecticut fair housing case, new UPCS requirements for inspecting carbon monoxide detectors, VAWA reauthorization bill, and other stories we're following this week.

Breaking news

In a landmark civil rights decision, the Connecticut federal District Court established for the first time that consumer reporting agencies must comply with the Fair Housing Act when conducting tenant-screening services for landlords.

The decision in Connecticut Fair Housing Center et al. v. CoreLogic Rental Property Solutions, LLC, which the Center filed with the National Housing Law Project after CoreLogic’s tenant screening product, CrimSAFE, disqualified a disabled Latino man with no criminal convictions from moving in with his mother. CrimSAFE provides landlords with an accept or decline decision based on CoreLogic’s assessment of an applicant’s criminal record. The lawsuit alleges CrimSAFE discriminates on the basis of race, national origin, and disability in violation of the Fair Housing Act. Read more

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Topics: Fair Housing, Indoor Air Quality, LIHTC, UPCS, VASH, VAWA, Persons With Disabilities, Disaster Recovery, Climate and Disaster Resilience

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