Advocates for affordable housing are working together to collect data about pending Low Income Housing Tax Credit (LIHTC) projects in California. This data has been requested by Congressional staff working on legislation to extend and expand the 9% LIHTC Exchange to allow the exchange of 4% Credits in 2010 along with other LIHTC market improvement measures embraced by a national coalition including the ability for investors to carryback LIHTCs and the expansion of eligible investors.

If you are a developer/owner/operator of low income rental housing in California please complete this online survey no later than February 22nd.

Click here to complete the online survey.

SBX8 28 (Yee), redirecting various Prop 1C set-asides to the MHP program, has generated some controversy and remains on the Senate floor. Senator Dutton and other Republicans have expressed grave concern with some of the redirection of funds to the Multi-Family Housing Program. While the redirect is billed as a jobs-generating stimulus measure, even if the $105 million is redirected to MHP, HCD still cannot issue a NOFA for the funds because of the Department of Finance freeze on new NOFAs.  Source: Framing the Issues.

The Urban Land Institute is seeking nominations for the best smart growth projects of the decade. Smart Growth Awards will honor leaders, policies, events, plans and programs or initiatives.

ULI defines "smart growth" projects as planning, design and development projects built around principles of sustainability. Such projects "lead to the building of community, the growth of culture and the realization of a healthy environment".

A jury will select three to six winners. Past nominees are also encouraged to resubmit an update on their project.

Attributes ULI is seeking in nominees include, projects located near existing and planned development, job centers and public facilities; those that employ existing infrastructure; increase the range of housing options including affordable housing; protect open space, farmland and environmental areas; minimize the use and impact on natural resources; enhance a vibrant mix and balance of uses (residential, retail and office); create or enhance a personal mobility for people of all ages; are "walkable" and designed for personal interaction and active lifestyles; reduce the need to travel long distances; facilitate transit; use land efficiently; promote social equity; respect community character, design and historic features; maintain existing communities and seek to be energy neutral or positive in overall construction, use and operation.
To be eligible, projects must have been entitled, built or redeveloped between 2000 and 2010.

 

Nominations must be received by March 19 can be submitted at ulisd.org.