What’s trending in Affordable Housing



June 01, 2017

Affordable Housing Blog

Author(s): Harry J. Kelly, Richard Michael Price

The Trump administration issues its FY2018 budget; new Supreme Court decision widens the class of potential plaintiffs in Fair Housing Act cases. Here’s what’s trending in affordable housing.

HUD

The Trump administration issues its FY2018 budget

The Trump administration issued its FY2018 federal budget this morning. As anticipated it is long on cuts, short on funding and likely to face significant opposition. https://www.whitehouse.gov/sites/whitehouse.gov/files/ omb/budget/
fy2018 /budget.pdf
.—Richard Michael Price

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Fair Housing

New Supreme Court decision widens the class of potential plaintiffs in Fair Housing Act cases

The Supreme Court today issued a decision in Bank of America Co. v. City of Miami, that authorizes courts to broadly apply the concept of an “aggrieved party” under the Fair Housing Act, while directing lower courts to examine on remand whether the alleged injuries—including increased foreclosures and reduced tax collections—were proximately caused by the banks’ alleged predatory lending practices. The attached article discusses the decision and its implications.—Harry J. Kelly

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Upcoming Events

National Preservation Law Conference

Location: Georgetown University Law Center | Washington, DC

Date: June 13, 2017

Speaker: Andrew Potts

Topics include: This event focuses on historic preservation in real estate development.

Novogradac 2017 New Markets Tax Credit Spring Conference

Location: Hyatt Regency Washington on Capitol Hill | Washington, DC

Date: June 8–9, 2017

Speaker: Andrew Potts

Topics include: This conference allows attendees to maximize investment opportunities, minimize challenges, beef up industry connections and listen to the latest news in community development.

IPED — Annual Historic Tax Credit Summit

Location: W Hotel | Washington, DC

Date: June 15–16, 2017

Speakers: John Cornell, Ned Dix, Jessica Glynn Worthington, Forrest Milder, Andrew Potts, David Schon, Deborah VanAmerongen

Topics include: Join us as investors, developers and practitioners on the front lines of today’s HTC transactions gather in Washington DC to take a comprehensive look at the current environment. Don’t miss this premier event for cutting-edge guidance, networking and open discussions with industry leaders.

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