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Affordable Housing Headlines


June 19, 2013 -- The Hill
GOP Tax Writers Roll Out Estate Tax Repeal Bill

June 18, 2013 -- The New York Times
US Home Construction Rose in May

June 18, 2013 -- The Hill
Senior Dem Calls for Prove Into Loan Modification Practices

June 18, 2013 -- The Washington Post
Rising Mortgage Rates Elicit Fears They Could Hurt Housing Recovery

June 18, 2013 -- HUD.gov
HUD Announces First-Even Same-Sex Housing Discrimination Study

June 18, 2013 -- HUD.gov
HUD Awards $40 Million in Housing Counseling Grants

June 17, 2013 -- The Washington Post
Survey:  Most US Homebuilders Optimistic About Home Sales for First Time in 7 Years

June 12, 2013 -- Politico
Fannie Mae, Freddie Mac Move Up on Congress's To-Do List

June 12, 2013 -- The Washington Post
Housing Discrimination Persists in US in More Subtle Ways, HUD Report Says

June 12, 2013 -- Bloomberg
Congress Hurdle to US Code Rewire Seen as Few Know How:  Taxes

June 11, 2013 -- Politico
DC Fall Preview: Shutdown, Debt Limit Fight

June 10, 2013 -- HUD.gov
Obama Administration Releases May Housing Scorecard

June 7, 2013 -- Washington Post
Boehner Accuses Obama of Threatening Government Shutdown Over Budget Plan

June 4, 2013 -- Bloomberg
Senators Near Plan to Abolish Fannie Mae, Shrink US Backstop

May 30, 2013 -- HUD.gov
Obama Administration Extends Application Deadline for the Making Home Affordable Program

May 29, 2013 -- Politico
Jeb Hensarling Keeps Financial Services Panel in Line

May 29, 2013 -- Bloomberg News
When Sequestration Becomes Devastation

May 29, 2013 -- Washington Post
More and More Americans are Feeling the Effects of the Sequester

May 28, 2013 -- Bloomberg News
Obama Accepting Sequestration as Deficit Shrinks

May 28, 2013 -- Washington Post
NY Attorney General Lays Out Complaints Against Wells Fargo, Bank of America

May 28, 2013 -- The New York Times
Home Prices Rise, Producing a Buying Mood

May 23, 2013 -- Congressman Frank Lobiondo
Bipartisan Coalition Introduces Hurrican Sandy Tax Relief

May 14, 2013 -- Bloomberg
Fed Says US Household Debt Declined to 2006 Level

May 14, 2013 -- The Washington Post
Low Mortgage Rates are an Opportunity

May 10, 2013 -- HUD.gov
Obama Administration Releases April Housing Scorecard

May 9, 2013 -- Bloomberg
Fed's Duke Says Mortgage Policy May Impede Credit Access

May 9, 2013 -- Bloomberg
"Max and Dave" Start Public Campaign for Simpler Tax Code

May 8, 2013 -- Politico
Fannie, Freddie Profits May Proved Debt Limit Relief

May 6, 2013 -- The Wall Street Journal
Fannie, Freddie Study Privatization of Multifamily Business

May 6, 2013 -- Bloomberg
Housing Crash Fades as Defauls Decline to 2007 Levels

May 6, 2013 -- Federal Housing Finance Agency
FHFA Limiting Fannie Mae and Freddie Mac Loan Purchases to “Qualified Mortgages”

May 3, 2013 - Federal Housing Finance Agency
FHFA Releases Fannie and Freddie Reports on Viability of Their Multifamily Businesses Without Government Guarantees

May 2013 - Center for Housing Policy
Housing Landscape 2013

May 3, 2013 -- The Hill
Economy Adds 165,000 Jobs, Unemployment Falls to 7.5%

May 1, 2013 -- The Washington Post
Fannie and Freddie Nominee Signals Desire to Preserve Government-backed Mortgages

May 1, 2013 -- House Financial Services Committee
Chairman Hensarling Announces Hearing Schedule

May 1, 2013 -- Bloomberg
Obama Chooses Watt to Lead Fannie Mae Regulator

May 1, 2013 -- The Hill
GOP Plan to Tie Tax Reform to Nation's Debt Ceiling Stirs Democratic Tensions

April 30, 2013 -- HUD & DOJ
HUD, DOJ Release New Guidance on "Design and Construction" Requirements Under the Fair Housing Act

April 2013 -- Senate Budget Committee
Sequestration: Chairman Murray Calls for Public Input, Stories on Impact of Automatic Cuts

April 24, 2013 -- New York Times Dealbook
Down Payment Rules are at Heart of Mortgage Debate

April 24, 2013 -- The Hill
Treasury Awards $3.5 billion in Tax Credits

April 24, 2013 -- House Financial Services Committee
Chairman Hensarling Outlines Steps for Sustainable Housing Policy

April 24, 2013 -- Bloomberg
Baucus Untethered by Politics Seeks Path to Tax Rewrite

April 24, 2013 -- HUD.gov
HUD Announces Major Restructuring of Field Offices

April 23, 2013 -- The Washington Post
Homeowners Defaulting in Loan Modification Program, Report Says

April 23, 2013 -- The Hill
Max Baucus to Retire From Senate

April 22, 2013 -- The Hill
Short Supply Hampers Home Sales in March

April 21, 2013 -- The Washington Post
Wall Street Betting Billions on Single-Family Hmes in Distressed Markets

April 19, 2013 -- Financial Accounting Standards Board
Proposed Accounting Standards:  Investments - Equity Method and Joint Ventures

April 18, 2013 -- The Hill
Bowles, Simpson Release New Debt Plan

April 18, 2013 -- Bloomberg
Obama Said Near Decision on Leader for Fannie Mae Regulator

April 17, 2013 -- The Hill
House Democrats Up Pressure on Boehner to Start Budget Conference

April 17, 2013 -- Bloomberg
Fed Says "Moderate" Growth Across US was Led by Housing

April 16, 2013 -- Neighborhood Works
$70.1 Million Awarded Through National Foreclosure Mitigation Counseling Program to Help Nearly 193,000 Families

April 16, 2013 -- The Hill
Bankers, Lawmakers Push Back Against Community Bank Regs

April 16, 2013 -- The Hill
Credit Unions Rebut Allegations about Lending Role

April 15, 2013 -- The Washington Post
Interview: Boston Fed President Eric Rosengren on Unemployment and the Outlook

April 15, 2013 -- Bloomberg
Housing Finance Redo Should Advance Soon, HUD's Donovan Says

April 15, 2013 -- Bloomberg
Homebuilder Confidence in US Unexpectedly Dropped in April

April 14, 2013 -- The Washington Post
Can Dodd-Frank Fix Mortgage Servicing if We Don't Know What Went Wrong?

April 12, 2014 -- Bloomberg
Camp Basks in Obscurity with Tax Code his Singular Focus

April 12, 2013 -- The Wall Street Journal
Bernanke: Low-Income Communities Struggle Despite Recovery

April 11, 2013 -- FHFA.gov
FHFA Extends HARP to 2015

April 10, 2013 -- HUD.gov
Donovan Announces HUD's 2014 Budget

April 10, 2013 -- The Washington Post
Obama Unveils a $3.78 Trillion Spending Plan

April 10, 2013 -- The Washington Post
Postal Service Withdraws Plans to End Saturday Mail Delivery

April 10, 2013 -- The Wall Street Journal
Obama Reaches for Middle Ground with New Budget Plan

April 10, 2013 -- The New York Times
Obama Budget Seeks Deal in Mix of Cuts and Spending

April 9, 2013 -- The Hill
Housing Credit Deserves to be Protected

April 8, 2013 -- The Hill
Obama Budget to Dominate Action on Congress's Return

April 8, 2013 -- Bloomberg
US Home Price Rise May Cut FHA Shortfall in Obama Budget

April 8, 2013 -- The Washington Post
A Budget Primer for White House  Budget Week

April 7, 2013 -- The Wall Street Journal
Max Baucus and Dave Camp: Tax Reform is Very Much Alive and Doable

April 5, 2013 -- Politico
White House Cuts $1B from 2013 Spending Bill

April 5, 2013 -- The White House
New Initiatives Connect Homeowners to Foreclosure Prevention Programs

April 5, 2013 -- Hud.gov
Obama Administration Releases March Housing Scorecard

April 5, 2013 -- Bloomberg
Middle-Class Mortgage Break Tough to Curb in Debt Talks

April 4, 2013 -- The Hill
Housing Market Improvement Holds Steady

April 4, 2013 -- The Washington Post
Mortgage Rates Show Slight Decrease

April 4, 2013 -- Bloomberg
Banks Prefer Schumer Over Sherrod Brown for Chairman

April 4, 2013 -- Bloomberg
Review of Botched US Foreclosures Beset by Missteps

April 3, 2013 -- MacArthur Foundation
How Housing Matters Survey Finds American Attitudes Transformed by Housing Crisis, Changes in Lifestyle

April 2, 2013 -- Center on Budget and Policy Priorities
Sequestration Could Deny Rental Assistance To 140,000 Low-Income Families

April 2, 2013 -- DealBook
Big Profits at Fannie and Freddie Reignite Debate on Housing Supports

April 2, 2013 -- The Washington Post
Obama Administration Pushes Banks to Make Home Loans to People with Weaker Credit

April 2, 2013 -- The Hill
Sequester Axe Falls in Washington, But Not on Lawmakers Salaries

April 1, 2013 -- The Hill
Wall St. Execs Top List for Treasury Nominees

April 1, 2013 -- Bloomberg
Fanne Mae Profits Complicate US Housing-Finance Overhaul

March 28, 2013 -- The Washington Post
For Federal Workforce, the Furlough Terrain is Uneven

March 28, 2013 - National Council of State Housing Agencies
USDA RD Administrative Notice on Implementation of 2010 Census Data

March 28, 2013 -- The Hill
President's Budget To Be Released April 10 - Two Months Late

March 27, 2013 -- HousingWire
FHFA Expands Suite of Loan Mod Tools

March 27, 2013 -- The Washington Post
HUD to Close Agency During Furlough Days

March 23, 2013 -- Bloomberg
Budget Deal Opens "Age of Austerity" for Federal Agencies

March 22, 2013 -- The New York Times
Housing, Ailing for Years, Starts to Recuperate

March 21, 2013 -- The Washington Post
House Approves Resolution to Keep Government Running; Bill Heads to White House

 


March 21, 2013 -- The New York Times
Surprise US Housing Demand Catches Industry Off-Guard

March 20, 2013 -- The New York Times
Plan that Would Spare Vital Programs Expected to Pass Senate

March 20, 2013 -- The Hill
Senate Votes to Avoid Government Shutdown, Starts Work on Budget

March 20, 2013 -- The Hill
Fed Stays Steady on Monetary Policy

March 20, 2013 -- The Hill
Bernanke:  "Too Big To Fail" Remains a Problem

March 20, 2013 -- The Hill
House Rejects Budget from Senate Democrats

March 19, 2013 -- The Hill
Reid Says Senators Won't Leave Town for Recess Before Finishing Budget

March 19, 2013 -- Bloomberg
DeMarco Pushes Housing Finance Reform as Fannie Profits Soar

March 17, 2013 -- The New York Times
Attorneys General Press White House to Fire FHFA Chief

March 17, 2013 -- The New York Times
Taxes, or Spending?  Budget Fight in Congress Focuses on Distinction

March 2013 -- HUD.gov

Written Testimony of Secretary Shaun Donovan Hearing before the Senate Committee on Appropriations on The Impacts of Sequestration

March 15, 2013 -- Bloomberg
Obama's Economists Expects Housing "Tailwind" to Economy

March 15, 2013 -- GAO
Department of Housing & Urban Development:  Strategic Human Capital and Workforce Planning Should be an Ongoing Priority

March 15, 2013 -- The Hill
House Conservatives to Offer Four-Year Balanced Budget Proposal

March 14, 2013 -- The Washington Post
Senate Begins Bipartisan Meetings on Tax Reform

March 14, 2013 -- The Wall Street Journal
Bill Aims to "Jumpstart" Reform of Fannie, Freddie

March 14, 2013 -- The Hill
Obama Asks House Dems to Make Concessions for Big Deficit Deal

March 14, 2013 -- GAO
Department of Housing & Urban Development: Opportunities to Improve Management of Mortgage Insurance and Rental Assistance Programs

March 13, 2013 -- The Hill
Governors: Tax Reform Shouldn't Make Life Harder for States

March 13, 2013 -- The Hill
Obama to GOP: My Priority is Economy , Not Balanced Budget

March 13, 2013 -- The Hill
GOP Senators Lift Hold on $984 Spending Bill

March 13, 2013 -- The Hill
Obama to Meet for First Time in Two Years with House Republicans

March 13, 2013 -- The Washington Post
HARP Surpasses 2012 Estimates on Homeowner Refinances

March 12, 2013 -- HUD.gov
FY 2013 Section 8 Project Based Rental Assistance Under the Sequesteration

March 12, 2013 -- The Hill
Ryan Budget Slashes Spending by $5.7T to Reach 10-year Balance

March 11, 2013 -- The Washington Post
The Insiders:  A Big Week for the Budget

March 10, 2013 -- The Wall Street Journal
Opening Budget Bids Set Parties' Battle Lines

March 9, 2013 -- The Washington Post
As Momentum Builds Toward Tax Reform, Lobbyists Prepare for a Fight

March 8, 2013 -- HUD.gov
Obama Administration Releases February Housing Scorecard

March 7, 2013 -- DSNews
NeighborWorks: Counceling Reduces Delinquencies by One-Third

March 7, 2013 -- Bloomberg
Single-Family Best with Highest Return-Lowest Risk: Muni Credit

March 6, 2013 -- Washington Post
House Votes to Avert Shutdown as Obama Looks for Big Deal

March 5, 2013 -- Bloomberg
Fannie Mae Regulator Plans Securitization for Post-GSE World

March 4, 2013 -- The Hill
Sequestration Begins as Congress Returns

March 4, 2013 -- The Hill
Down Payment Rule Could Torpedo Housing Industry, Groups Warn

March 4, 2013 -- The Hill
Fed Governor: Regulators Show Promise in Ending "Too Big to Fail"

March 4, 2013 -- The Hill
House Government Funding Bill Seeks to Soften Sequester's Blow

March 4, 2013 -- The New York Times
Poor Face Most Pain as Automatic Budget Cuts Take Effect

March 3, 2013 -- The New York Times
Corporate Profits Soars as Workers Income Limps

March 2, 2013 -- Bloomberg
Obama Orders Cuts that Will be "Slow Grind" on Economy

March 2, 2013 -- Bloomberg
FHA Revamp Gets Senate Support as US House Remains Divided

March 1, 2013 -- The Hill
Sequester Begins, With No End in Sight for Across the Board Cuts

February 28, 2013 -- Bloomberg
Freddie Mac Ends 2012 With Profit on Gains in US Housing

February 28, 2013 -- Bloomberg
FHA Hits Brakes on Housing With Budget Cuts

February 28, 2013 -- The Washington Post
Competing Sequestration Bills Fail in Senate

February 28, 2013 -- The Hill
Economy Shows Anemic Growth Last Quarter

February 28, 2013 -- The Hill
Sequester Cuts are Here to Stay

February 27, 2013 -- Bloomberg
Camp Presses US Code Rewrite as Policy Divide Widens

February 27, 2013 -- The Hill
Housing Market Recovery Facing Major Hurdles

February 27, 2013 -- The Hill
Key House Conservatives Say They Can Support Measure to Fund Government

February 27, 2013 -- The Hill
Obama to Meet with Leaders on Sequester the Day Cuts Take Effect

February 26, 2013 -- Center on Budget & Policy Priorities
The Pending Automatic Budget Cuts

February 26, 2013 -- The Washington Post
Impact of Budget Cuts Depend on Where You Live and Who You Are

February 25, 2013 -- Politico
Opinion: A Plan to Fix Housing

February 25, 2013 -- Bipartisan Policy Center
Housing America's Future:  New Directions for National Policy

February 24, 2013 -- The Washington Post
White House Releases State-By-State Breakdown of Sequester's Effects

February 23, 3013 -- Bloomberg
Spending Cuts Threaten State Recoveries, Governors Say

February 21, 2013 -- The Hill
Dems, Experts Warn of Economic  and Social Fallout of Sequester

February 21, 2013 -- The New York Times
Homeowners Still Face Foreclosure Despote Billions in Aid

February 21, 2013 -- HUD.gov
National Mortgage Settlement Provides over $45 Billion in Consumer Relief

February 21, 2013 -- The Washington Post
Measure of Future for US Economy Rose 0.2% in January, Suggesting Continued Growth

February 21, 2013 -- The Hill
Republican Demands Answers on Bernanke's Exit Strategy

February 20, 2013 -- The New York Times
Budget Cuts May Stall Economy

February 20, 2013 -- The Hill
Shutdown Isn't Fight GOP Wants

February 20, 2013 -- Bloomberg
Limited Mortgage Finance Role for US Government Gains Support

February 19, 2013 -- The Washington Post
Sequester Just Over a Week Away, But Blame Game has Already Begun

February 19, 2013 -- The Hill
GOP Lawmakers Don't Fear Political Impact of Sequester Taking Effect

February 19, 2013 -- The Washington Post
Obama Presses GOP to Avoid Automatic Spending Cuts, Warns that "People Will Lose Their Jobs"

February 19, 2013 -- The Washington Post
Obama Presses Congress for Stopgap Sequester Fix

February 19, 2013 -- The Washington Post
Janet Yellen Explains our Crummy Recovery in Three Charts

February 18, 2013 -- The Hill
Housing Stakeholders Warn Against Strict Mortgage Down-Payment Requirements

February 15, 2013 -- The Washington Post
There Are Now Four Big Plans to Stop the Sequester

February 14, 2013 -- The Hill
Jobless Claims Drop by 27,000

February 14, 2013 -- The Hill
Senate Dems Unveil $110 Billion Sequester-Replacement Package

February 14, 2013 -- Bloomberg
Senate Democrats Offer Plan to Delay US Spending Cuts

February 13, 2013 -- The Hill
Boehner Says House Won't Act on Sequester Cuts Before Senate

February 13, 2013 -- The Hill
Republicans: Obama State of the Union Dims Hopes for Deficit Deal

February 13, 2013 -- Bloomberg
No Agreement on $1.2 Trillion in Cuts as Deadline Nears

February 13, 2013 -- Bloomberg
FHA Might Avoid Taxpayer Subsidy this Year, Galante Says

February 12, 2013 -- Dealbook
Big Banks are Told to Review Their Own Foreclosures

February 12, 2013 -- Bloomberg
House Republicans Said to Plan US Budget Bill with Cuts

February 12, 2013 -- Senate Banking, Housing & Urban Affairs Committee
Chairman Johnson Unveils Banking Committee Agenda for the 113th Congress

February 12, 2013 -- HUD.gov
HUD and HHS Partner to Provide Permanent Housing and Services to Low-Income People with Disabilities

February 12, 2013 -- The Hill
Obama to Use State of the Union to Make Case Against Spending Cuts

February 12, 2013 -- The New York Times
Senate Democrats Unveil Proposal to Avert Broad Spending Cuts

February 11, 2013 -- The Hill
The Week:  Lew on the Hot Seat

February 10, 2013 -- The New York Times
Mortgages - New Standards for "Safe" Loans

February 10, 2013 -- The Washington Post
Obama Weighing Executive Action on Housing, Gays and Other Issues

February 10, 2013 -- The Washington Post
McCain Says "Maybe" to Taxes to Avert Sequester

February 8, 2013 -- The Hill
HUD Finalizes Discriminatory Lending Rules Opposed by Financial Industry

February 8, 2013 -- HUD.gov
HUD Issues Rule Formalizing Standard on Discriminatory Effects on Housing

February 8, 2013 -- HUD.gov
Obama Administration Releases January Housing Scorecard

February 8, 2013 -- The Hill
Chamber of Commerce Bullish on Economy if Congress Stops "Wounds"

February 8, 2013 -- The Hill
White House Warns Sequester Would Disrupt Life of Nation

February 7, 2013 -- Bloomberg
Elizabeth Warren Not Ready to Back Down on US Consumer Bureau

February 6, 2013 -- Bloomberg
Republicans See FHA Change as Prelude to Housing Overhaul

February 6, 2013 -- The Hill

House Votes 253-167 to Require Balanced Budget Date from President Obama

February 5, 2013 -- The Hill
Waters Pressing for Hearing on End of Foreclosure Review Program

February 5, 2013 -- The Hill

Obama Demands Sequester Delay

February 5, 2013 -- The Hill
CBO Projects $845B Budget Deficit for 2013

February 5, 2013 -- The Washington Post
The CBO's New Budget Outlook, in Six Charts

February 5, 2013 -- The Washington Post
Obama Calls on Congress to Pass Spending Cuts, Tax Changes to Delay Sequester

February 5, 2013 -- Bloomberg
House Leaders Weigh US Spending Bill Below $1 Trillion

February 5, 2013 -- Bloomberg
Obama Fiscal 2014 Budget Said to be Delayed Until March

February 4, 2013 -- The Washington Post
Justice Prepares Civil Suit Against S&P Over Grading of Financial Products Before Crisis

February 3, 2013 -- The Hill
Obama:  "No Doubt" Nation Needs More Tax Revenue to Lower Deficit

February 3, 2013 -- The Hill
Reid Insists on New Revenue to Turn Off Sequester

February 2, 2013 -- The New York Times
Banks, At Least, Had a Friend in Geithner

February 1, 2013 -- The Hill
Economy Adds 157,000 Jobs, Unemplyment Ticks Up to 7.9%













 
Helpful Links
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Tax Credit Percentages

For June 2013:
9%: 7.39 4%: 3.17

   

  • Previous Month's Credits

    The IRS publishes monthly credit percentages that apply to low-income housing tax credit buildings placed in service that month.  There are two rates:  the 70% present value credit (PVC) and the 30% present value credit.  The maximum 70% rate is available for low-income new construction and substantial rehabilitation expendiretures that are not federally subsidized.  The maximum 30% rate applies to acquisition expenditures and to federally subsidized low-income new construction or substantial rehabilitation expenditures.

    *Note: The Housing and Economic Recovery Act of 2008 provides for a flat minimum percentage of 9% for the 70% present value housing credit for projects placed in service after July 30, 2008.

 

Tax forms and publications in the PDF format can be viewed, navigated and printed from a workstation using the freely available Acrobat Reader software from Adobe Systems Inc.

Next CARH Meeting

The 2014 Midyear Meeting will be held January 26-28, 2014, at the Four Seasons Hotel in Las Vegas, Nevada.