Housing Plus

Housing Plus

Guidance and legal insight for all aspects of housing and community development

By the Housing Group at Ballard Spahr

Tag Archives: federal budget

Trump Administration Releases FY 2019 Budget Proposing 18.3% Reduction in HUD Funding

Posted in Budget, Community Development, FHA and GSE Financing, Government-Assisted Housing, Legislative Initiatives, Policy, Public Housing, RAD, Section 8
Yesterday, the Trump administration released its proposed budget for the 2019 fiscal year. Overall, the budget proposes an $8.8 billion (18.3%) reduction in the HUD budget from the 2017 enacted level, a more drastic cut than the $6 billon HUD budget reduction the Administration proposed for fiscal year 2018. Significant proposals in the budget include:… Continue Reading

Obama Administration’s FY 2016 budget would modify LIHTCs, permanently extend NMTC and energy tax credits

Posted in Budget, Energy Tax Incentives, Legislative Initiatives, Low Income Housing Tax Credits, New Markets Tax Credits, Policy, Tax Credits
As in prior years, the Obama administration’s FY 2016 budget includes a number of impactful, and generally positive, tax credit proposals. With respect to the Low-Income Housing Tax Credit (LIHTC), the budget retains many of last year’s proposed modifications, and adds a new proposal to remove the population cap for Qualified Census Tract designations. Specifically, the… Continue Reading

Insights from the executive director of the United States Interagency Council on Homelessness

Posted in Community Development, Fair Housing, Government-Assisted Housing, Legislative Initiatives, Policy, Public Housing, Section 8, Supportive Services
Our Ninth Annual National Housing Symposium successfully brought together a rich panorama of perspectives across the affordable housing industry. Laura Green Zeilinger, the Executive Director for the United States Interagency Council on Homelessness (USICH), gave a keynote presentation that affirmed and galvanized the dialogue occurring among our panelists and attendees: the successes of affordable housing… Continue Reading

Amy McClain authors an essential RAD resource: The Beginner’s Guide to Public Housing Conversion under RAD

Posted in Budget, Community Development, FHA and GSE Financing, Government-Assisted Housing, Legislative Initiatives, Policy, Public Housing, RAD, Section 8
Housing Plus is thrilled to announce that our very own Amy M. McClain has authored The Beginner’s Guide to Public Housing Conversion under RAD, published by the American Bar Association. The book focuses on the Rental Assistance Demonstration program’s utility as a financing tool for stimulating revitalizations to public housing properties. As an informative guide,… Continue Reading

House Republicans adopt amendment to the HUD spending bill that would defund the Affirmatively Furthering Fair Housing Proposed Rule

Posted in Fair Housing, Government-Assisted Housing, Legislative Initiatives, Policy
Last week, House Republicans adopted an amendment to the FY 2015 HUD spending bill that prohibits funding to implement, enforce, or administer HUD’s Affirmatively Furthering Fair Housing Proposed Rule (Proposed Rule). The Affirmatively Furthering Fair Housing Proposed Rule would significantly modify and augment the obligations of recipients of HUD funds to comply with a provision… Continue Reading

RAD expansion and “Pay-For-Success” Utility Demonstration among the innovations included in the Senate’s mark of the T-HUD Appropriations Bill

Posted in Budget, Government-Assisted Housing, Legislative Initiatives, Policy, RAD, Section 8, Senior Housing
The Senate Appropriations Committee has approved its draft Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill for fiscal year 2015. While the bill generally falls short of the funding levels requested in President Obama’s budget proposal, it proposed some significant changes to the Rental Assistance Demonstration, and proposes a “pay-for-success” energy and water… Continue Reading

Evolving trends in Maryland affordable housing

Posted in Budget, Fair Housing, FHA and GSE Financing, Government-Assisted Housing, Legislative Initiatives, Low Income Housing Tax Credits, Policy, Public Housing, RAD, Section 8, Senior Housing, Tax Reform
On April 30th Ballard Spahr was proud to host representatives from the Maryland Department of Housing and Community Development (DHCD), the Maryland Attorney General’s office, Pennrose Properties and AGM Financial to discuss evolving trends in affordable housing development in Maryland.  The briefing, held in Ballard Spahr’s Baltimore office, included: A discussion by Pat Sylvester, the… Continue Reading

Obama administration FY 2015 budget would extend NMTCs, tweak LIHTCs

Posted in Policy, Tax Credits, Tax Reform
The Obama administration recently revealed its proposed $3.9 trillion federal budget for fiscal year 2015. Like Chairman Camp’s tax reform proposal and the proposed EXPIRE Act tax extenders package discussed in previous blog posts, the Obama administration’s budget includes a number of interesting tax credit-related proposals. Highlights include: Permanently extending the New Markets Tax Credit… Continue Reading

What is in store for national housing initiatives?

Posted in Budget, GSE Financing, Legislative Initiatives, Low Income Housing Tax Credits
“Housing is experiencing a calm before the storm”, is how National Housing Conference CEO Chris Estes described how housing programs fared in the President’s Fiscal Year 2015 budget request during a presentation at the Ballard Spahr Best of the West Housing Conference this past Friday in San Francisco. While many of the rental assistance programs… Continue Reading

President releases FY 2015 budget

Posted in Budget
President Obama’s fiscal year 2015 budget for the U.S. Department of Housing and Urban Development (HUD), released on March 4, 2014, proposes increased funding for many programs compared to the fiscal year 2014 appropriation. The budget proposes language that would change some aspects of the public housing program, and provides a preview of HUD legislative… Continue Reading