Housing News of the Week 10.23.19

Share List Check out the recent news below to see what is happening this week in Housing News. HUD Designates DDAs, QCTs for 2020 novoco.com/news The U.S. Department of Housing and Urban Development released the list of difficult development areas (DDAs) and qualified census tracts (QCTs) for 2020 for the low-income housing tax credit (LIHTC)….

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16Oct

New Brief Shows Positive Economic Impact of Investments in Affordable Housing

Share List A successful model for harnessing private capital The state housing tax credit legislation is modeled on the highly successful federal low- income housing tax credit (LIHTC) program, which is responsible for approximately  90% of affordable rental housing construction and renovations in the country. Here in Pennsylvania, LIHTC is oversubscribed (three applications are received…

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Housing News of the Week 10.16.19

Share List Check out the recent news below to see what is happening this week in Housing News. New Housing Alliance Brief Shows Positive Economic Impact Of Investments In Affordable Housing housingalliancepa.org The Economic Impact Brief shows that in Pennsylvania, for every $10 million in affordable housing construction, it will generate $19.6 million in total…

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Housing News of the Week 10.9.19

Share List Check out the recent news below to see what is happening this week in Housing News. Improving CRA for Rural America shelterforce.org In the fall of 2018, the Office of the Comptroller of the Currency (OCC) initiated an effort to modernize the Community Reinvestment Act (CRA). Advocates are concerned that these efforts will mainly…

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Housing News of the Week 10.2.19

Share List Check out the recent news below to see what is happening this week in Housing News. Your View: How a simple tool could help working-class Allentown residents The Morning Call Revitalization should include all of Allentown’s residents. Hundreds of luxury apartments have been built and more are under construction, but this growth has…

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Multi-county plan to end veteran homelessness touted a success

Share List From: US Interagency Council on Homelessness The first multi-county plan to effectively end veteran homelessness in Pennsylvania was touted as a success by officials on Friday. Gov. Tom Wolf said the United States Interagency Council on Homelessness and departments of Housing and Urban Development and Veterans Affairs confirmed that the Western Pennsylvania Continuum of Care (Western…

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10 facts about homelessness in the U.S.; here’s a brief look at the current state of the nation’s homeless population

Share List From: US News & World Report President Donald Trump has ruffled feathers of California officials and others this summer with his comments about homelessness in U.S. cities. While boarding Air Force One Sept. 18, Trump said that the Environmental Protection Agency will be issuing a “notice” to San Francisco for its homelessness, which…

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