• Alabama Historic Rehabilitation Tax Credit Reinstated Through 2022

    SALT Alert: Alabama Edition

    By Beau Byrd, James E. Long, Jr, and Jennifer S. Gisi

    The original Alabama Historic Tax Credit (“HTC”) program was successful in stimulating the redevelopment of aging properties across Alabama, and was particularly recognized for its role in the revitalization of downtown Birmingham. However, the original Alabama HTC program, enacted in 2012, with [...]

  • Gov. Ivey Appoints New Revenue Commissioner

    Gov. Kay Ivey has appointed a new commissioner of the state’s revenue department. May 12, 2017, at 1:09 p.m.

    MONTGOMERY, Ala. (AP) — Gov. Kay Ivey has appointed a new commissioner of the state’s revenue department. The governor announced Friday that Vernon Barnett has been tapped to head the Alabama Department of Revenue. Read more…

  • Update on United States Department of Agriculture's Reorganization of Rural Development

    CARH’S BROADCAST E-MAIL – Legislative & Regulatory Update May 12, 2017

    Update on United States Department of Agriculture’s (USDA) Reorganization of Rural Development

    On May 11th, CARH sent a broadcast email that discussed USDA’s reorganization of Rural Development (RD). The announcement would eliminate the position of Under Secretary of Rural Development’s (RD). At the time of the announcement, [...]

  • Housing Leaders Break Down the Latest on Tax Reform

    Trump’s Tax Reform Outline Gets White House Table

    Capitol Hill insiders break down what’s in store for the affordable housing industry. Read More

    Assessing a Cloudy LIHTC Market

    AHF Forum panelists discuss the challenges of closing deals this year. Read More

    Patenaude Nominated for HUD Deputy Secretary

    The housing veteran served as HUD assistance secretary under George W. Bush. Read [...]

  • Consolidated Appropriations Act for FY 2017 Clears Congress

    CARH’S BROADCAST E-MAIL – Legislative Update May 4, 2017

    On May 3, the House of Representatives, by a vote of 309-118, passed and sent to the Senate the Consolidated Appropriations Act for FY 2017. The Senate earlier today passed the bill, by a vote of 79-18, thereby again averting a shut-down of the government. It is expected [...]

  • Now Available: 2016 Advisory Council Annual Report

    The 2016 annual report of FHLBank Atlanta’s Affordable Housing Advisory Council is now available. View the report to learn more about the Bank’s affordable housing products and initiatives in 2016 and how the Bank, its shareholders, and housing partners are helping communities prosper.

    View the 2016 Report

    Report Highlights

    • $22 million awarded through the Affordable Housing Program (AHP) [...]
    • Short-term CR; Perdue Confirmed as Ag Secretary; Patenaude Nominated as HUD Deputy Secretary; and Administration Unveils Framework for Tax Reform

      CARH’S BROADCAST E-MAIL – Legislative & Trump Administration Update April 28, 2017

      1) Short-term Continuing Resolution for Fiscal Year 2017

      2) Sonny Perdue Confirmed as Agriculture Secretary

      3) Pamela Patenaude Nominated as HUD Deputy Secretary

      4) Administration Unveils Framework for Tax Reform

      1) Short Term Continuing Resolution for Fiscal Year (FY) 2017

      As CARH members know from previous emails (see March 16, [...]

    • What's Trending in Affordable Housing - 3.20.17

      A weekly round-up of affordable housing and community development news and events HUD Reactions to the Trump Administration’s Proposed Budget By Richard Michael Price

      Several prominent housing groups have released statements condemning the cuts to HUD’s affordable housing programs included in the FY 2018 Budget Proposal. This is a roundup of the key takeaways.Read More…>

      Policy issues: Will administration’s budget [...]
    • AAHA Has New Office Number

      Our new number is 205-758-1158

      AAHA’s Executive Director is Arrice Faught. Her email is arrice@theaaha.org

      AAHA’s new Office Assistant is Diane Pounders. Her email is diane@theaaha.org

      USDA Rural Development announces the Site Manager and Maintenance Person of the Year Award program for Fiscal Year 2017. Nominations can be made by downloading and completing the Nomination Package.

      Check out a [...]
    • Congress Passes 2nd Continuing Resolution for FY 2017; Federal Agency Housing Finance Agency Issues Final Rule on Duty to Serve

      CARH’S BROADCAST E-MAIL – Legislative Update December 14, 2016

      1) Congress Passes 2nd Continuing Resolution for FY 2017; Registration Signed into Law by President Obama on Saturday, December 10, 2016

      2) Federal Housing Finance Agency Issues Final Rule on Duty to Serve

      1) Congress Passes 2nd Continuing Resolution for FY 2017; Legislation Signed into Law by President Obama on [...]