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New Report on Low Income Housing Tax Credits
For the report, the GAO reviewed 2011 – 2015 data from 1,849 communities from 12 LIHTC allocating agencies (state agencies in AZ, CA, F:, GA, IL, NY, OH, PA, TX, WA and two local allocating agencies: Chicago, New York City). GAO found a median total development cost per unit of $204,000, with outliers ranging from $107,000 ...
HUD Releases Housing Trust Fund Commitment, Expenditure Guidance
Notice CPD-18-12 outlines commitment and expenditure requirements, as well as how HUD determines compliance with deadline requirements. It describes how HUD uses data to determine compliance with the 24-month commitment and 5-year expenditure ...
Sweeping Housing Bill Introduced
The bill, S. 3503, would expand resources for affordable housing, incentivize local governments to reduce barriers to affordable housing, widen protected classes under the Fair Housing Act and extend the Community Reinvestment Act’s jurisdiction to cover more financial institutions. The bill would also provide down payment ...
Fannie Mae Calls for Ideas on Healthy Affordable Housing
The Innovation Challenge welcomes applicants to propose ideas that respond to one or more of the following problem statements:
CMS Issues SNF Final Rule Technical Corrections
Relatedly, CMS has updated the wage index files as they noted two errors in the inpatient hospital prospective payment system wage index data. These are the base data for the SNF wage index. The SNF ...