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1.2.24 CLPHA Member Update

FHFA Strengthens Commitment to Affordable Housing, LIHTC Cap for Fannie and Freddie Raised to $1 Billion Each Annually

The Federal Housing Finance Agency (FHFA) announced that beginning in 2024, Fannie Mae and Freddie Mac will each be able to invest up to $1 billion annually in low-income housing tax credit (LIHTC) equity. Additionally, Fannie and Freddie will only make LIHTC investments in projects that waive the...

1.2.24 CLPHA Member Update

HUD Reopens Jobs Plus NOFO with $15M in Additional Funding Available

HUD has re-opened the FY 2023 Jobs Plus NOFO to add the anticipated FY 2024 Jobs Plus appropriations of $15 million in funding. This allows HUD to solicit additional applications and to award more Jobs Plus Grants this fiscal year. The due date for new applications is March 12, 2024. Applications...

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