Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #
The initiative, known as Next Gen, offers both for-profit and nonprofit developers specialized training in the Low-Income Housing Tax Credit (LIHTC) program — a key federal tool used to finance affordable housing projects. #housing
The program began accepting applications this week from income-qualified residents who are 60 or older, living with a disability, or who have at least one child age 5 or younger. #energy
The program provides one-time benefits to help cover natural gas, propane, and electricity costs. Assistance is also available for heating system repairs or replacements through CEDA’s Furnace Assistance program. #assistance
The latest domestic policy plan signed by President Donald Trump on July 4 will increase available funding by 12% for a key tax credit used by developers to offset a portion of construction costs. #housing
Known as the Medicaid omnibus bill, it sometimes includes bold components, like a 2021 initiative that made millions of dollars available to local communities to help them plan and design their own health care delivery systems. #medicaid