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AB 602 Clears Legislature! Ask Governor Schwarzenegger to Sign Now!Submitted by Robert Dhondrup on 31 Aug 2010 - 1:57pm.
AB 602 Clears State Legislature! Updated Information on the Community Reinvestment Act (CRA)Submitted by Robert Dhondrup on 15 Jul 2010 - 5:23pm.
Thank You Senator's Barbara Boxer and Dianne Feinstein!Submitted by Robert Dhondrup on 27 May 2010 - 1:10pm.![]() ![]() Thank You! US Senators Barbara Boxer and Dianne Feinstein for co-signing S. 3326 HUD Secretary Donovan Pledges to Keep the "Federal Government Back in the Business of Affordable Rental Housing"Submitted by Robert Dhondrup on 21 Apr 2010 - 3:41pm.
2008 Out Of Reach Reports Available NowSubmitted by Robert Dhondrup on 7 Apr 2008 - 4:27pm.SCANPH publishes an annual look at the cost of rental housing and homeownership in the Southern California region and takes a look at what workers' and their families need to earn to be able to afford housing here. Please click on the Out of Reach fact sheets below:
» Conference on the Future of Housing Finance Hosted by Treasury and HUDSubmitted by Robert Dhondrup on 30 Aug 2010 - 1:42pm.Conference on the Future of Housing Finance Hosted by Treasury and HUD
Update: AB 2293 Passes State Senate Appropriations CommitteeSubmitted by Robert Dhondrup on 13 Aug 2010 - 8:01pm.(SCANPH is sharing this news with our members via a communication we recevied from Julie Snyder of Housing CA) Good news! HCA's AB 2293 got off the Senate Appropriations Committee's suspense file yesterday on an 11-0 bipartisan vote.
This was a big step, as hundreds of bills didn't get off the suspense file. The bill was amended to require HCD to reserve/escrow permanent funds under MHP, TOD, and Joe Serna to provide a more solid guarantee to the construction lender. UPDATE: HR 4213 Gains 60 Votes Support BUT Does Not Include Housing ProvisionsSubmitted by Robert Dhondrup on 20 Jul 2010 - 12:12pm.
(Updated Information July 20, 2010) The Senate is now on the verge of passing H.R. 4213, which among its many provisions had once included $1B in funding for the National Housing Trust Fund (NHTF) and the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program. Set Southern California on Course to Achieve Economic Growth and Create Healthy CommunitiesSubmitted by Robert Dhondrup on 8 Jul 2010 - 2:19pm.
Senate Stalls On HR 4213Submitted by Robert Dhondrup on 8 Jul 2010 - 2:17pm.
(from A.C.T.I.O.N) The Senate failed in its efforts to advance H.R. 4213, which among its many provisions included the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program, the GO Zone LIHTC placed in service deadline, the LIHTC exchange program to apply to disaster LIHTC, and the New Markets Tax Credit (NMTC) program and allowing the NMTC to be taken against alternative minimum tax. |
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