CDFI Fund: Public Comments Sought on the NMTC Allocation and Qualified Equity Investment Tracking System

The Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the New Markets Tax Credit Program (NMTC Program) Allocation and Qualified Equity Investment Tracking System (AQEI). The NMTC Program provides an incentive to investors in the form of tax credits over a seven […]

HUD: 87 Affordable Rental Homes Preserved Through Rental Assistance Demonstration Conversion with the Housing Authority of the City of Little Rock

Recently closed RAD conversion transaction supports affordable rental homes across three properties in southwest Little Rock, AR The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing recently closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Little Rock, AR, to preserve […]

CDFI Fund: CY 2022 Round of New Markets Tax Credit Program Opened

$5 Billion in Allocation Authority Available The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2022 round of the New Markets Tax Credit Program (NMTC Program). The CDFI Fund is posting the NOAA […]

HUD: Rental Assistance Demonstration Conversion Transaction Closed with the Housing Authority of Joliet, IL to Preserve 113 Homes for Low-Income Seniors

Transaction will allow for rental homes at Stevenson Crossing to remain permanently affordable to low-income senior residents. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of Joliet (HAJ) in […]

HUD: More than $15 Billion in Construction Investment Facilitated by Rental Assistance Demonstration

Significant achievement represents investments in construction, rehabilitation, and preservation of affordable rental homes over nine-year period. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs (HUD) is announcing today that construction investment for affordable housing preservation through the Rental Assistance Demonstration (RAD) program has surpassed […]

CDFI Fund: Summary Report and Public Data for NMTC Program for FY 2003-2020 Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released a Summary Report and data collected on all New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2020. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded […]

HUD: Rental Assistance Demonstration Conversion Transaction Closed with Franklin Housing Authority in Franklin, TN to Build 76 New Construction Affordable Rental Homes

RAD transaction supports construction of new affordable rental homes at Cherokee Place property The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Franklin Housing Authority in the City of Franklin, TN, Through RAD, […]

FHFA: Intent to Establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing Announced

The Federal Housing Finance Agency (FHFA) today announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee).  The Committee will provide advice and input regarding affordable, equitable, and sustainable housing needs and any regulatory or policy changes that may be necessary or beneficial to […]

HUD: $33.3 Million Rental Assistance Demonstration Conversion Closed with Housing Authority of the City of Atlanta, GA

Transaction preserves 114 deeply affordable homes and 114 Low-Income Housing Tax Credit homes. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta, Georgia, to preserve affordable […]

HUD: $26 Million Rental Assistance Demonstration Conversion Closed with Philadelphia Housing Authority to Create 58 Newly Constructed Affordable Homes

New affordable rental homes are part of redevelopment plan for Philadelphia’s Sharswood/Blumberg community The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing today announced that it has closed a Rental Assistance Demonstration (RAD) transaction with the Philadelphia Housing Authority (PHA) to build 58 newly constructed affordable rental […]