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Thursday, April 15, 2021
AN IMPORTANT NEW OPTION FOR FINANCING AFFORDABLE HOUSING
The federal “9%” Housing Tax Credit (HTC) program, designed to finance up to 70% of qualified development costs, has for decades been the principal engine for the financing of low income housing in the United States. HTCs function like grants because the return to investors comes from the credits they take against their federal income tax liability over a ten-year period. Unfortunately, there is a limited supply of 9% HTCs and the allocation process, administered by state housing agencies, is highly competitive.
While some tribally-designated housing entities (TDHEs) have been successful in obtaining 9% HTCs, most have not. Demand for the 9% HTCs far outstrips supply and many states’ criteria give preference to urban developments, making it difficult for tribes to file successful applications. Tribes unable to access the 9% HTC program have incorrectly assumed that they have no op
Homepage | News & Events | What makes a National Historic Landmark?
The United States is not as old as some other nations, but it includes many historically important cultural sites. The National Historic Landmarks Program helps preserve them for the enjoyment of future generations.
Each National Historic Landmark represents an exceptional aspect of American history and culture, according to the U.S. National Park Service (NPS).
A historic landmark can be a building, site, structure, object, or district as long as the U.S. Secretary of the Interior designates it a National Historic Landmark.
The NPS has overseen the care and preservation of National Historic Landmark sites since 1960. The Erie Canal system in New York and Mackinac Island in Michigan were among the first sites designated National Historic Landmarks that year.
Published: Thursday, April 15, 2021
Seward Peninsula, Alaska Photo credit: DCSL/Flickr
The Interior Department is pausing a Trump-era order that would have opened up millions of acres in Alaska to mineral development, including on the Seward Peninsula. DCSL/Flickr
Updated at 1:42 p.m. EDT.
The Interior Department today tapped the brakes on a last-minute series of Trump administration orders that proposed to open as much as 28 million acres of federal lands in Alaska to mining and other mineral extraction activities.
The lands at issue were included in five draft public lands orders signed by former Interior Secretary David Bernhardt in January during the final two weeks of the Trump presidency.