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First draft of federal spending bill slashes affordable housing programs

How will affordable housing programs fare as the new Republican Congress and the president wrestle over the 2016 budget? Not well, if the first draft of the Transportation, Housing and Urban Development, and Related Agencies Appropriations bill is taken at face value. The bill coming out of the ... read more...

Poor families in Delaware struggle more than national average, study says

If you grow up poor in certain parts of the country, the odds are definitely stacked against you – and unfortunately, those odds are worse in Delaware than in most places. That’s a reality shown in the work of Raj Chetty and Nathaniel Hendren, two Harvard economists whose recent research into ... read more...

Affordable housing programs help families – and pay for themselves, studies say

New studies show the positive long-term effects of government programs that support low-income families by providing affordable housing. That is not a surprise to those of us who have worked within the field for years. But here’s an added bonus – those same studies suggest these programs pay ... read more...

April is Fair Housing Month. Here’s why you should care.

April is Fair Housing Month. So join me, for a moment, as we use this excuse to help raise some awareness about fair housing. April is an opportunity for all of us within the affordable housing industry to step back, take stock and share some statistics and stories with people outside the ... read more...

Tiberi-Neal bill can and should create permanent credit floor for LIHTCs

Almost a month since it was introduced, my eyes continue to be on H.R. 1142, the bill introduced by Congressmen Pat Tiberi (R-OH) and Richard Neal (D-MA) that will, if passed, create a permanent credit floor in both 9% and 4% LIHTC programs. The bill currently has 19 additional co-sponsors, ... read more...

New Samuel Chase Apartments in Maryland show how Low Income Housing Tax Credits can rehabilitate community

If you want to see an excellent example of what can be accomplished with tax credits from the Low Income Housing Tax Credit (LIHTC) program, look just south of Delaware to Princess Anne, Maryland, where LIHTCs are being used to renovate and rehabilitate a 60-unit community. I was proud to work ... read more...

The Delaware Supreme Court Protects Public Housing Tenants’ Right to Possess Firearms for Self Defense in Common Areas

This blog is mainly committed to discussing topics impacting the Affordable Housing Industry.  I am not looking to start a Second Amendment discussion on this blog.  However, I cannot ignore the recent Delaware Supreme Court decision ruling the actions and rules by the Wilmington Housing ... read more...

Affordable Housing Discussed on Comcast’s Newsmakers for Delaware

David Layfield, Principal of Green Street Housing and Board Member of the Council for Affordable and Rural Housing (CARH) appeared on Comcast’s Newsmakers for Delaware and discussed the benefits and importance of the Low Income Housing Tax Credit (LIHTC) Program administered locally by ... read more...

President Obama’s Proposed FY 2015 Budget Includes $46.7 Billion for Department of Housing and Urban Development (HUD) Programs

President Obama’s Proposed FY 2015 Budget includes significant and needed funds for the Department of Housing and Urban Development (HUD) Programs.  While, once again, the HOME Investment Partnerships (HOME) program and Community Development Block Grant (CDBG) programs take hits, other ... read more...

USDA Rural Development (RD) – Rental Assistance (RA) Update

People have been talking for a long while now about the impact of Sequestration on everything from the Federal court system, to air control terminals, trains and affordable housing rent subsidies – and just about everything else.  With respect to the financial year 2013 and potentially ... read more...