From: National Low Income Housing Coalition
On June 11, the Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB) posted a notice that the final NHTF regulations are at OMB and that a final rule is expected to released sometime in July 2014. While a posting does not guarantee that a final rule will be published by the date specified, the OIRA listing is a good sign and a positive step toward implementation of the NHTF. The NHTF was authorized by the Housing and Economic Recovery Act of 2008 (HERA) and HUD issued a proposed rule on October 29, 2010.
The OIRA posting is at: http://1.usa.gov/U0HIA9
More information about the proposed NHTF rule is at: http://nlihc.org/issues/nhtf/regs