Blog

Read what we are up to

Deputy Secretary of the Housing and Urban Development Tours Chester, Pennsylvania

The deputy secretary of the U.S. Department of Housing and Urban Development (HUD), Maurice Jones traveled to Chester, Pennsylvania to tour some HUD financed developments. HUD is a government agency that works to create quality and sustainable affordable housing for all. The executive director ... read more...

Three Affordable Housing Developments Earn The Department of Housing and Urban Development’s (HUD) Design Award

Three affordable housing developments earned the prestigious HUD Secretary’s Housing and Community Design Award. The U.S. Department of Housing and Urban Development (HUD) and the American Institute of Architects (AIA) selected Richardson Apartments in San Francisco, California; Bud Clark ... read more...

Rural Development’s Section 538 Program and Obama’s New Budget Proposal

The U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) is planning to meet regarding Section 538 program. Section 538 program is to designed to promote commercial financing of rural affordable housing for low and moderate income people. Through the 538 program, the USDA ... read more...

Senate Appropriations Committee Approved Spending Bill FY 2013

On April 19, the Senate Appropriations Committee approved its version of the FY 2013 spending bill (S. 2322) for the Department of Housing and Urban Development (HUD) and on April 26th approved the FY 2013 spending bill (S.2375) for the Department of Agriculture (USDA), which includes funding ... read more...

Qualified Census Tracts (QCTs) for 2013 for the purpose of the Low-Income Housing Tax Credit (LIHTC)

On April 24, 2012 The U.S. Department of Housing and Urban Development (HUD) designated qualified census tracts (QCTs) for 2013 for the purpose of the low-income housing tax credit (LIHTC) under the Section 42 of the Internal Revenue Code (IRC). The LIHTC is a tax incentive intended to increase ... read more...

Delaware State Housing Authority (DSHA) Host Second Annual Homebuyer Fair on April 28, 2012

On April 28, 2012 from 9 a.m. to 4 p.m. at the Christiana Hilton Hotel (100 Continental Dr. Newark, DE), the Delaware State Housing Authority (DSHA), in partnership with the DFLI~The Money School and the Delaware Federation of Housing Counselors, will hold its second annual Homebuyer Fair. The ... read more...

FY 2012, 2013 Appropriations Update

  On Dec. 23, President Obama signed the Consolidated Appropriations Act of 2012 (Public Law Number: 112-74) into law, finalizing all fiscal year (FY) 2012 appropriations. The President delivered his State of the Union address on Jan. 24 and submitted to Congress his FY 2013 budget request on ... read more...

2012 Rent and Income Limit Calculator

Novogradac & Company LLP has released the final version of the Rent & Income Limit Calculator© featuring the U.S. Department of Housing and Urban Development’s (HUD) 2012 rent and income limit data. The Rent & Income Limit Calculator© can calculate IRC Section 42(i)(3)(A) ... read more...

DDAs are Designated by HUD for 2012

The U.S. Department of Housing and Urban Development (HUD) designated difficult development areas (DDAs) for 2012 for purposes of the low-income housing tax credit (LIHTC) under Section 42 of the Internal Revenue Code (IRC). HUD makes new DDA designations annually. LIHTC projects in DDAs or ... read more...

HUD Released Income Limits for 2012

The U.S. Department of Housing and Urban Development (HUD) has released income limits for 2012. Click here for links to the 2012 income limits and accompanying information and tables. Under the Housing and Economic Recovery Act of 2008 (Public Law 110-289), income limits used to determine ... read more...