It has come to HUD's attention that a TCAP grantee requested that its HUD Field Office waive Section IV, Paragraph D of CPD Notice 09-03 to eliminate the requirement that TCAP funds be expended for an eligible TCAP cost within three days of being drawn down from the grantee's TCAP U.S. Treasury account and establish an alternate requirement that funds be expended "within a reasonable time from drawdown."

HUD has not delegated responsibility for TCAP to its Field Offices.  All program operations, with the exception of approval of Requests for Release of Funds under the National Environmental Protection Act (NEPA), are vested in the Office of Affordable Housing Programs within HUD's Office of Community Planning and Development.  Only the Secretary of HUD and the Assistant Secretary for Community Planning and Development have authority to waive any provision of CPD Notice 09-03. 

NAHMA is a member of A.C.T.I.O.N. (A Call To Invest in Our Neighborhoods), a group working to ensuring that families have access to affordable housing.  NAHMA requests your assistance in our grassroots advocacy efforts to include A.C.T.I.O.N.'s proposals to improve the LIHTC program in the Senate Jobs Bill.  We have supported this proposal since the beginning of the financial crisis in late 2008. 

Please call your Senators today and request in the Senate Jobs Bill, the Hiring Incentives to Restore Employment Act (HIRE), the inclusion of:

• The increase in the Housing Tax Credit carry-back for up to five years;
• An extension for the Housing Credit cash-exchange program (Section 1602) from the American Recovery and Reinvestment Act (ARRA) for one more year to 2010 housing credits; and
• Allowing the LIHTC potential investor base to be expanded to pass-through entities - LLCs and Subchapter S corporations - and closely held corporations.

If you cannot directly speak with your representative, please request the staff member that handles low-income housing tax credits in the office.  Time is running out to gain support for these proposals!

  I Can Do Anything I Believe

 Become A Superstar

In addition to the yearly drug-free theme, this year's contest continues to include a sub-theme opening the door for more avenues of expression.  The 2010 theme is "I Can Do Anything I Believe" and the sub-theme is "Become A Superstar"

When children believe in themselves there is no limit to their future success. This additional theme gives participants an outlet to express that impact through their artwork. It also allows Seniors to demonstrate how important it is to stay drug free and how maintaining a healthy mind and body can lead to great things for the future. This allows the Seniors to become a role model for the children.  

 Download the Participant Information Packet today!

Attachments:

calendar rules.pdf

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     The Midwest Affordable Housing Management Association (MAHMA) has received $15,000 from Assisted Housing Services Corporation to establish education scholarships for residents of MAHMA member-managed housing.

     According to MAHMA President Timothy Zaleski of National Church Residences, this is the first time MAHMA has received a grant from Assisted Housing Services to establish a scholarship fund.

     Zaleski said the non-profit welcomes the opportunity to establish a scholarship program that will serve regional residents living in MAHMA member communities. The MAHMA Executive Committee will be responsible for managing the program, including investing, establishing criteria and granting scholarships.

     "We are grateful for this grant from Assisted Housing Services," said Zaleski. "Our hope is, once established, we will be able to leverage additional funding sources to create an ongoing scholarship program."

     Dennis Guest Executive Director, Columbus Metropolitan Housing Authority presented the check on behalf of the Assisted Housing Services Corporation.  

Photo From Left: Dennis Guest, Executive Director, Columbus Metropolitan Housing Authority, Timothy Zaleski, Vice President, National Church Residences and MAHMA President, Matthew McGuire, National Director of Affordable Housing Compliance, National Church Residences, formerly of Assisted Housing Services Corporation.