In the News

In the News

Survey Highlights Barriers to Building Affordable Homes

August 29, 2019    

The Harvard Joint Center for Housing Studies recently published a report called “A Home Builder Perspective on Housing Affordability and Construction Innovation.” It found that both single-family and multifamily home builders identify labor and building-material costs and...

California Releases Proposed LIHTC Program Changes

August 29, 2019    

The California Tax Credit Allocation Committee recently released a memorandum that lists proposed changes for the state’s low-income housing tax credit program. For 2020, the $500 million in state credits will be available through the noncompetitive application process. The committee also...

National League of Cities Urges Action on Housing Affordability

July 24, 2019    

The National League of Cities (NLC) Housing Task Force recently published “Homeward Bound: The Road to Affordable Housing.” The report focuses on the challenges and solutions communities are using to address the nation's growing affordable housing crisis. The report offers...

HUD Secretary Carson Highlights SEC’s Efforts to Encourage OZ Investing

July 24, 2019    

The 2017 Tax Cuts and Jobs Act created Opportunity Zones (OZs) to stimulate long-term investments in low-income communities. As the initiative offers capital gains tax relief to those who invest in these distressed areas, the tax incentives are anticipated to spur $100 billion in private capital...

NCSHA Directory Shows OZ Target Investment Increase

July 24, 2019    

According to an analysis by the National Council of State Housing Agencies (NCSHA), the amount of capital targeted for investment in designated Opportunity Zones (OZs) has increased dramatically. NCSHA compiles a directory of OZ funding opportunities. This resource provides descriptions and...

JCHS Report Emphasizes Lack of Affordable Housing Production

July 24, 2019    

Harvard University’s Joint Center for Housing Studies (JCHS) recently released its annual report, “The State of the Nation’s Housing 2019.” The report examines the state of the housing market in 2018. It found that:

Bipartisan Senators Reintroduce Bill to Establish Affordable Housing Task Force

June 27, 2019    

Senators Todd Young (R-Ind.), Angus King (I-Maine), and Maria Cantwell (D-Wash.), along with a group of 13 bipartisan senators, reintroduced the Task Force on the Impact of the Affordable Housing Crisis Act, which aims to better understand and respond to America’s housing affordability...

Former HUD Secretary Julián Castro Proposes Affordable Housing Plan

June 27, 2019    

Presidential candidates are increasingly focused on affordable housing. Most recently, Former HUD Secretary Julián Castro joined other presidential hopefuls, including Senators Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.) and Elizabeth Warren (D-Mass.), in...

NLIHC Releases Annual Housing Affordability Report

June 27, 2019    

The National Low Income Housing Coalition (NLIHC) recently released the 30th anniversary edition of the Out of Reach report. The report documents the gap between renters’ wages and the cost of rental housing throughout the U.S. The national Housing Wage--the hourly wage a full-time worker...

Bipartisan Bill Aims to Improve Disaster Recovery for Older Adults and People with Disabilities

June 27, 2019    

A bipartisan group of lawmakers in the House and Senate, including Senators Bob Casey (D-Pa.) and Susan Collins (R-Maine) and Representatives Jim Langevin (D-R.I.) and Chris Smith (R-N.J.), recently introduced the “Real Emergency Access for Aging and Disability Inclusion for Disasters Act...

NCSHA Asks IRS to Rescind Final Compliance Monitoring Regulations

May 30, 2019    

The National Council of State Housing Agencies (NCSHA) recently sent a letter to the IRS urging it to rescind the recently released final amended compliance monitoring regulations and to work with states to develop a “workable alternative.” The new compliance monitoring final...

ACTION Campaign Updates Fact Sheets Showing National Impact of LIHTC

May 30, 2019    

The A Call to Invest In Our Neighborhoods (ACTION) Campaign is a coalition of over 2,200 national, state, and local organizations and businesses working to address our nation’s severe shortage of affordable rental housing by protecting, expanding, and strengthening the Low-Income Housing...