Idaho Housing and Finance Association announced the first application period for 2016 Low-Income Housing Tax Credit is now open. Applications will be accepted until 5:00 p.m. on September 4. IHFA will notify applicants of the status of their applications upon completion of development review, as set forth in the Allocation Plan. During this Application Period, approximately $1,359,000 in non-targeted annual tax credits, $1,132,000 in nonprofit set-aside, $453,000 in rural set-aside, and $453,000 in preservation set-aside will be available for reservation and open to competition from all developments. The LIHTC Allocation Plan and Application form is available at www.ihfa.com under Multifamily Housing/Low Income Housing Tax Creidts.