On March 23, 2018, HUD issued new HOME Investment Partnership Program (HOME) and Housing Trust Fund (HTF) Homeownership Value Limits (“95% limits”) for 2018 that are effective April 1, 2018. The Arizona Department of Housing (ADOH) has extracted the limits for all Arizona counties and produced a chart for the benefit of our partners conducting owner occupied housing rehabilitation programs. Please download the Information Bulletin for additional information.
California Tax Credit Allocation Committee-On March 22 and 23, TCAC held two public forums to elicit discussion and informal feedback of William Leach’s tiebreaker concept that would start with a calculation of units per credit and then include various adjusters to meet policy objectives and account as much as possible for inherent cost differences. CTCAC is aware that many persons were not able to attend the forums. In addition, those who did may have wanted to ponder the concept further. CTCAC is making William’s slide show presentation available, encourages folks to read it, and poses the question to all stakeholders: Should CTCAC engage stakeholders over the next year to explore this concept and flesh out a new tiebreaker based on this concept? A brief explanation of your view would also be helpful. Please send comments by Friday, April 27 to firstname.lastname@example.org. Neither CTCAC staff nor the Committee has taken any position on this concept, and this concept will not be considered in the 2018 regulation change cycle. At this time, CTCAC is simply trying to assess the stakeholder community’s level of interest in some day replacing the current tiebreaker with something based on this new concept. CTCAC will review these comments before deciding whether or not to take any additional steps. Your feedback is appreciated.
The Better Building Challenge (BBC) helps partners identify and quantify utility savings opportunities for energy (and water) consumption by reporting portfolio-wide energy consumption on an annual basis. The multifamily sector faces a unique challenge in obtaining tenant-paid utility data, but the goal of the BBC remains to help you collect whole-building data that is reflective of the total energy consumption in your buildings, regardless of who pays the bills. Reporting owner-paid data is a good starting point for benchmarking your buildings, but only whole-building data will deliver complete information about a building’s energy performance. The Department of Energy has announced the 2018 Better Buildings Summit will be August 21-23, 2018 in Cleveland, Ohio. Register now. Check out the new Better Buildings Solution Center! The website has been completely redesigned, so now is a good time to review your profile pages, solutions, and data displays. Be sure to communicate any updates to your BBC Account Manager.
USDA STAKEHOLDER ANNOUNCEMENT Proposed Changes to Eligibility of Certain Rural Areas WASHINGTON, March 21, 2018 – The proposed ineligible area maps for the Rural Development Single Family Housing and Multi-Family Housing programs have been posted to the USDA Income and Property Eligibility Site at https://eligibility.sc.egov.usda.gov . Select the “Proposed Ineligible Areas” tab after choosing the appropriate program (e.g. Single Family Housing Guaranteed) to view the new ineligible area maps. The “Proposed Ineligible Areas” maps show all ineligible, non-rural areas, not only the new non-rural areas. In some cases, previously ineligible areas will now become eligible rural areas. The new ineligible areas will become effective on June 4, 2018. For the full announcement click Here
Homeless Coordinating and Financing Council-Second Quarterly Meeting for 2018: April 10, 2018, 1:00 pm – 4:00 pm, California Department of Veterans Affairs (CalVet), Medal of Honor Hall, 1227 O Street, 1st Floor, Sacramento, CA 95814. Click here for the Agenda. Please visit the Homeless Coordinating and Finance Council webpage for more information.
The Arizona legislature has been in session since January 8, and much has happened since then, including the Senate Confirmation of Arizona Department of Housing Director Carol Ditmore. On January 22, the Senate Commerce and Public Safety Committee voted unanimously to approve the Governor’s nomination of Director Ditmore and on January 23 she was unanimously confirmed by the full Senate.