Law Alert – What’s New With The New Markets Tax Credit Program

On February 13, 2012, President Obama introduced his 2013 budget, which proposes to extend the New Markets Tax Credit (“NMTC”) program until December 31, 2013.  Under the President’s proposal there would be a NMTC allocation of $5 billion for 2012 and another $5...

Law Alert – The New Era: Successor Agencies and Next Steps

On February 1, 2012, every California redevelopment agency was dissolved and its assets and functions transferred to a successor agency and a successor to the redevelopment agency’s housing functions. Please click here for a detailed list of actions and other...

BETWEEN THE LINES: A Q&A GUIDE ON LEGAL ISSUES IN SUPPORTIVE HOUSING

IN SUPPORTIVE HOUSING In commissioning our firm to author this guide, the Corporation for Supportive Housing sought to produce a manual for California that “offers some basic information about the laws that pertain to supportive housing and sets out ways to identify...

Law Alert – HOME is Being Remodeled – New Requirements For 2012

HUD has published significant proposed regulations for the HOME Investment Partnerships Program (HOME) affecting both rental and homeownership projects.  In addition, Congress has added a number of new statutory requirements that already apply to fiscal year 2012 HOME...

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California Sites California Fair Market Rents California Housing Finance Agency California Housing Law Project California Redevelopment Association California State Association of Counties California Tax Credit Allocation Committee Department of Housing and Community...