In the News

In the News

Study Assesses Housing Markets Amid Post-Pandemic Recovery

June 24, 2021    

Harvard University’s Joint Center for Housing Studies recently released its annual “State of the Nation’s Housing 2021” report. You can download the report at

Realtors Appeal CDC Eviction Moratorium to Supreme Court

June 24, 2021    

In early June, the U.S. Court of Appeals for the District of Columbia ruled that it would continue to stay a lower court ruling seeking to overturn the CDC eviction moratorium. In the lower court ruling, a federal judge set aside the CDC's nationwide moratorium which expires on June 30, 2021...

White House Proposes LIHTC-Inspired Program to Address Racial Wealth Gap

June 24, 2021    

The Biden-Harris administration recently announced a set of proposals designed to help narrow the racial wealth gap and reinvest in distressed communities, focusing on expanding access to homeownership and small business ownership. The administration’s announcement provides new information...

Federal Judge Vacates CDC Eviction Moratorium

May 27, 2021    

On May 5, 2021, a federal judge in the District of Columbia set aside the CDC's nationwide moratorium on residential evictions, which the CDC had recently extended beyond its congressionally approved expiration date of March 31 to June 30, 2021 [Alabama Association of Realtors, et al. v. U.S...

Government Steps Up Enforcement of CDC Eviction Moratorium

April 28, 2021    

On March 29, the Centers for Disease Control and Prevention (CDC) announced an extension of the federal eviction moratorium through June 30, 2021. Before this extension, the moratorium was set to expire March 31, 2021. This recent order is the moratorium’s third extension since it was...

Report Highlights Funding Challenges for LIHTC Site Development

April 28, 2021    

On average, developers needed to layer an average of 3.5 different funding sources to finance developments built between 2000 and 2018, according to a recent report published by the Terner Center for Housing Innovation at UC Berkeley. One in four sites layered at least five (and in some cases as...

Alaska Supreme Court Rules on Owner’s Extended Use Commitment

March 26, 2021    

In a recent case from Alaska, an LIHTC site owner tried to exercise an option to be able to exit the affordability restrictions put in place by the extended use agreement. There are two ways an owner can escape extended use commitments, but the court ruled that neither applied here. In applying...

Research Supports a Flexible Emergency Rental Assistance Program

February 26, 2021    

A recent study sought to glean lessons from the state and local rental assistance programs launched in 2020 before the emergency rental assistance programs funded by the coronavirus relief package signed into law on Dec. 27, 2020 ramps up. The difficult task of administering these funds will...

President Biden Unveils $1.9 Trillion American Rescue Plan

January 28, 2021    

President Joe Biden recently unveiled his “American Rescue Plan,” a $1.9 trillion package of policies to address the healthcare, economic, and societal harms caused by the COVID-19 pandemic. He described it as an “emergency legislative package to fund vaccinations, provide...

Janet Yellen Sworn in as Treasury Secretary

January 28, 2021    

Janet L. Yellen was recently sworn in as the secretary of the Treasury Department. Ms. Yellen is the 78th Treasury secretary and the first woman to head the department. As Treasury secretary she will be involved in the design, negotiation, and passage of a stimulus package intended to revive the...

Freddie Mac White Paper Highlights LIHTC in Rural Counties

December 23, 2020    

LIHTC supports a little over 40 percent of the multifamily housing market in rural Persistent Poverty Counties (PPCs), according to a new Freddie Mac white paper.

Report: Rising Sea Levels Threaten Affordable Housing

December 23, 2020    

More than 7,600 apartments, townhomes, and houses nationwide are currently exposed to at least one “coastal flood risk event” in a typical year, and more than 24,500 units may be so threatened by 2050, according to a new report by The National Housing Trust and Climate Central. Their...