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NALHFA Historical Timeline

NALHFA Historical Timeline of Key Events and Milestones of the Association for the last 35 years

  • The Association of Local Housing Finance Agencies is founded in December 1982
  • NALHFA holds its first national conference on Affordable Housing Finance in Los Angeles in the Spring of 1993.  It held two educational conferences per year from that date until 2010.
  • NALHFA retains SmithBucklin as its association management partner; Susan Finn appointed Executive Director in 1984.
  • NALHFA approves the appointment of John Murphy as Executive Director; retains Hilary Rosen as Legislative Counsel in January 1985.
  • NALHFA successfully lobbies to maintain tax code incentives (tax exempt single- and multifamily housing bonds) that stimulate private investment in affordable housing in 1985 and 1986. The 1986 Tax Act put important new restrictions on tax-exempt bond private activity financing including placing those for housing under a single statewide volume cap and added Low-Income Housing Tax Credits for multifamily housing.
  • NALHFA appoints John Murphy as chief lobbyist in addition to his role as Executive Director in 1987.
  • Authority to issue tax-exempt housing bonds was assumed to “sunset” after 1987. NALHFA and its industry partners successfully lobbied to temporarily extend the sunset date for housing bonds and tax credits several times before succeeding in achieving permanency for both in 1992.

  • NALHFA and its industry partners successfully lobby to enact the HOME Investment Partnerships Program, the centerpiece of the National Affordable Housing Act of 1990 including allocation of 60% of these block grant funds to metropolitan cities and urban counties, 40% to states. 

  • NALHFA annually lobbied to protect tax incentives for affordable housing and secure adequate appropriations for HUD housing programs – Community Development Block Grants and HOME funds) from 1985 to the present.

  • NALHFA provided comments on a variety of proposed federal regulations affecting affordable housing programs issued by Treasury, HUD, Federal Housing Finance Agency, and the Federal Reserve from 1985 to the present.

  • NALHFA leads the way for the creation and development of the Rich Sharing Program with HUD for local HFAs in 1994. 

  • NALHFA and other organizations representing state and local government elected and appointed officials form the National Affordable Housing Training to compete successfully with private entities for federal training under the HOME program in 1995. NALHFA received funding annually until 2010. 

  • NALHFA and its industry partners successfully lobbied Congress to increase the unified state volume caps on the issuance of tax-exempt private activity bonds (including those for single-family and multifamily housing) and Low-Income Housing Tax Credits in 2000.

  • NALHFA creates technical assistance workshops using HOME funds to instruct members and others on the basics of affordable multifamily housing in 1997.

  • NALHFA creates Bonds for Beginners workshop to be held principally at conferences and taught by NALHFA Past President Mtumishi St. Julien, former Executive Director of the Finance Authority of New Orleans.

  • NALHFA publishes Bonds for Beginners, an introductory guide to the basis of tax-exempt housing bond finance. The second edition was published in 2008.

  • NALHFA and its industry partners lobby for approximately $13 billion in funding for housing programs under the Obama Administration’s fiscal stimulus Act of 2009.

  • NALHFA successfully lobbied the Department of Treasury to include local housing finance agencies in a program whereby Fannie Mae and Freddie Mac bought $13 billion in tax-exempt single-family and multifamily housing bonds at a time when the private market for them had shut down due to the housing crisis in 2009.

  • NALHFA submits comments on a multitude of regulations affecting tax-exempt bonds issued by various federal agencies implementing the Dodd-Frank Wall Street Reform Act in 2012, 2013 and 2014.

  • NALHFA Executive Director John Murphy announces his retirement after 29 years at the end of 2014. Jason Boehlert is appointed as his successor. Jason resigns at the end of August 2015. 

  • Jonathan M. Paine, CAE appointed as Interim Executive Director on February 6, 2017 and is officially appointed as Executive Director on June 30, 2017

more Calendar

5/12/2021 » 5/15/2021
NALHFA 2021 Annual Conference

4/24/2022 » 4/27/2022
NALHFA 2022 Annual Conference

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