The 2017 Qualified Allocation Plan (“2017 QAP”) for federal Low Income Housing Tax Credits (“LIHTCs”) has been approved by Governor Ricketts.

As was discussed in the public hearing for the 2017 QAP, Nebraska Investment Finance Authority is working with representatives in the Governor’s office and the Nebraska Department of Revenue regarding the implementation of the Nebraska Affordable Housing Tax Credit (the “Nebraska AHTC”). As discussions progress, NIFA will propose an amendment to the 2017 QAP (subsequent to a public hearing) to incorporate the parameters for the allocation of the Nebraska AHTC. NIFA will keep the LIHTC community informed with respect the date of the public hearing and proposed date for availability of the allocation of the Nebraska AHTC.