Memo to Members and Partners Articles
The long-awaited NHTF Allocation Plan guidance from HUD was posted as Notice CPD-16-07 on April 28. The seven-page Notice primarily restates the interim regulations, with a few exceptions.
The statute creating the NHTF requires that each state, the District of Columbia, and Puerto Rico…
NLIHC has produced a Model NHTF Allocation Plan for advocates to consider when engaging their state NHTF entity. NLIHC has also established an advisory group of affordable housing developers who have volunteered to help organizations applying for NHTF money understand how best to overcome the…
Senator Richard Shelby (R-Ala.), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, last week sent letters to the Government Accountability Office (GAO) and the Congressional Budget Office (CBO) requesting that the agencies provide reports to Congress on issues relating to the…
HUD has posted the 2016 homeownership value limits (the “95% limits”) for the National Housing Trust Fund (NHTF) and HOME Investment Partnerships (HOME) programs.
According to the NHTF statute, a state may devote no more than 10% of its annual NHTF allocation for homeowner activities, which…