Memo to Members and Partners Articles

Mortgage Interest Deduction Projections Down

The annual budget prepared by the Office of Management and Budget includes a report on the estimated cost of tax expenditures for the immediate past year and ten years going forward. Federal law defines tax expenditures as “revenue losses attributable to provisions of the Federal tax laws which…

HUD Notice on ConPlans Includes NHTF Allocation Plans

The HUD Office of Community Development and Planning issued a Notice on January 28 outlining the timing for states and entitlement jurisdictions to submit their FY16 consolidated plans (ConPlan), action plans, and National Housing Trust Fund (NHTF) allocation plans. To receive its share of the NHTF…

San Francisco Board of Supervisors Pledges to Match NHTF with City Funds

On February 2, the San Francisco Board of Supervisors unanimously passed a resolution (File# 150822) committing to match all National Housing Trust Fund (NHTF) dollars allocated to projects in San Francisco. The resolution, initiated by the Supportive Housing Providers Network of San Francisco, was…

HUD Guidance on Using NHTF, HOME, and CDBG for Broadband Infrastructure

HUD updated its National Housing Trust Fund (NHTF) Frequently Asked Questions (FAQs) on December 30, 2015 to clarify that NHTF money may be used for installing broadband infrastructure. On the same day, HUD also issued a similar FAQ for the HOME program. On January 7, HUD issued CDBG broadband FAQs…