Housing Finance

The latest information on funding availability for HUD-subsidized Section 202 housing. This section also provides updates and information on regulatory guidance and legislative advocacy around housing finance, refinancing and preservation.

  1. HUD Official Mentions “Potential Resurrection of the 202 Program”

    Except for $10 million in production and/or preservation funding in fiscal year 2017, Congress has not funded new construction for the Section 202 program since 2011. New funding for the Section 202 program is a priority for LeadingAge and a reference to the program’s potential resurrection is welcomed news. At ...

  2. Housing Credits Predicted to Decrease Under Tax Bill

    The good news in the bill is that it does not eliminate the tax exemption of private activity bonds, which the House-passed tax bill did. Because private activity bonds are the only way to trigger use of 4% Low Income Housing Tax Credits, enactment of the House bill would have resulted in the loss ...

  3. Tax Legislation Enacted: Important Tax Benefits Preserved

    On December 20, the House voted to pass H.R. 1. The measure is on its way to the White House for the President's signature. The nonpartisan Joint Committee on Taxation projects a $1.4 trillion increase in the federal budget deficit resulting from H.R. 1 over the next decade. Even more generous estimates using ...

  4. House and Senate Letter in Support of Private Activity Bonds, 4% Housing Credits, and Advance Refunding

    The full Senate is expected to take up its tax bill the week of November 27. The letter, which advocates should encourage their Senate and House Republican members to sign onto, asks Congressional leadership to protect private activity bond (PABs) financing and advance refunding bonds in any final tax bill.  The ...

  5. Tax Reform Bills Harm Affordable Housing

    The House bill ends the 4% LIHTC program by ending the tax exemption for private activity bonds. Using multifamily housing bonds, a type of private activity bond, is the only way to trigger use of 4% LIHTCs. Ending one ends the other. Nationally, more than 50% of all LIHTC transactions were through 4% LIHTCs (the remaining were ...