Wednesday, March 29, 2006

Wednesday mix: de-hibernation edition

In which yr humble blogmother, having been under the weather for a few days, peers out from under the covers and finds that wonderful things have continued to happen in the world of housing:

- NH&RA links to a detailed state-by-state working paper from the National Housing Trust with new updates on state and local housing preservation using 9% low-income housing tax credits, 4% credits with private activity bonds, state or local housing trust funds, and other regional efforts. Really a good rundown on the state of housing preservation nationwide.

- Sec'y Jackson is quoted by Dow Jones as speaking on Fannie and Freddie at the National Association of Mortgage Brokers legislative conference. Comments include: "HUD is supporting legislation that allows a regulator to limit the GSE's portfolio to those investments necessary to carry out its mission, without trying to cripple or put it out of business."

- HUD nominates members for its Indian Housing Block Grant negotiated rulemaking committee.

- The CDFI Coalition is inviting members to send comment letters because the White House '07 budget proposal is again trying to zero out all the CDFI Fund grant programs and fund the sub-agency only enough to administer the New Markets Tax Credit. They've additionally posted a Senators' sign-on letter backing renewed funding for the grants.

- The CDFI Fund's Community Development Advisory Board, it seems, will be holding a public meeting this April 26 in Washington. Rather strikingly, members of the public who wish to attend are asked to provide advance information "required to facilitate their entry" to the "secured facility" where the meeting happens to have been scheduled.
To read more please refer to our Archives
(see links in right-hand column).