Nixon Peabody wrote an analysis of the new state historic tax credit transfer program that went into effect April 23, 2026 with the publication of the Program Guideline.
New York State issued procedures to allow transfer of state historic tax credits (SHTC) allowed in any given year to other entities upon issuance of a Transfer Approval Certificate by the Office of Parks, Recreation and Historic Preservation.
The North Dakota Department of Commerce Division of Community Services (NDDCS) opened a pre-application period for the Community Development Block Grant (CDBG) FY2026 through July 24, 2026. Pre-applications must be received by 5pm CT on July 24, 2026, to be considered for funding. Pre-applications will be reviewed based on the scoring criteria outlined in the 2026 CDBG Program Distribution Statement […]
The Colorado Housing and Finance Authority (CHFA) released updates for three multifamily program compliance policies. CHFA Multifamily Program Compliance Manual for Housing Tax Credit and CHFA Multifamily Loan Programs Updated The CHFA Multifamily Program Compliance Manual now includes updated guidance for developments with Housing Tax Credits and/or Multifamily Loan financing through CHFA. Use this version for questions regarding procedures, rules, and regulations. View a full list of all new […]
The Maryland General Assembly passed the Maryland Transit and Housing Opportunity Act and the Maryland Housing Certainty Act into law in 2026, key legislation to address Maryland’s housing crisis. This new housing legislation is accompanied by a Fiscal Year 2027 budget that supports the Maryland Department of Housing and Community Development’s robust affordable housing investment and safeguards […]
The Board of Directors of the Connecticut Housing Finance Authority (CHFA) approved allocations of federal 9% Low-Income Housing Tax Credits (LIHTCs) to support the development and preservation of affordable housing in communities across Connecticut. The awards will support six developments located in Cromwell, Farmington, Hartford, Naugatuck, and New Britain, representing a combined total of 319 rental units, including 282 affordable apartments […]