(RECAP: HUD today unveiled the Community Assessment Reporting Tool (CART) – an innovative reference and mapping tool made to help answer the question, “How is HUD investing in my community?” CART provides a snapshot of HUD investments across a community, cutting the time it takes to generate this information from several business days to minutes. CART uses geospatial technology to show the wide variety of HUD investments by city, state, county, metropolitan area, or congressional district. It also provides an interactive mapping interface that allows users to explore HUD investments within their community and see property- and grant-level detail at a variety of geographies.)

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(RECAP: If all goes according to plot, Marshall will get 30 “workforce” townhouses by this time next year. Middleburg-based Windy Hill Development Co. hopes to start leasing the three-bed room units in late 2017, Manager Kim Hart said. Washburn Place townhouses will rent for about $1,100 per month. Windy Hill can offer dwelling units below “honest market” because of low-interest financing, land donations, tax incentives and fee waivers, he said. Windy Hill tenant incomes can range from $30,000 to $55,000 per year, depending on household size. Washburn Place will comprise six buildings, with five townhouses per structure, and include five “fully handicap-accessible” townhouses.)

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(RECAP: Reports indicate that President-elect Donald Trump and House Republicans plot to aggressively pursue tax reform in early 2017. It’s too soon to say what the tax reform might mean for specific tax provisions, such as the low-income housing tax credit (LIHTC), new markets tax credit (NMTC), historic preservation tax credit (HTC) and renewable energy tax credits. But, it’s vital to note that even if these tax credits are left intact, Congress and the president could consider a number of other changes that would have significant implications for the future of investment affordable rental housing, community development, historic preservation and renewable energy.)

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