Department of Housing and Community Development: Other Resources 3
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Department of Housing and Community Development—Other Resources

The supportive resources below are provided for information purposes only. DHCD does not endorse the organizations, businesses and/or events listed below.

Analysis of the Housing and Economic Recovery Act of 2008, Part I:
Foreclosure Community Stabilization Grants, Capital Magnet and Housing Trust Funds
Thursday, September 4, 2008
2 pm

Part I of this two-part session will provide a brief overview on provisions of the newly-passed Housing and Economic Recovery Act of 2008: the nearly $4 billion in emergency community stabilization funding, as well as the permanent creation of the capital magnet and housing trust funds for affordable housing development. Learn how these new resources will help affordable housing and community development organizations stabilize neighborhoods heavily impacted by foreclosure, as well as address long-standing affordable housing needs.

Analysis of the Housing and Economic Recovery Act of 2008, Part 2:
LIHTC and Housing Bond Modernization
Friday, September 5, 2008
2 pm

Part II of this two-part session will provide a brief overview of the new law’s nearly two-dozen provisions modernizing the Low Income Housing Tax Credit (LIHTC) and tax-exempt housing bond programs. Also discover how the new law affects multifamily HUD and USDA housing programs when combined with LIHTC. Learn how these changes will make it easier and financially more feasible to finance a wider type of affordable housing developments.

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