New York Accepting Requests for Extra Credits

By Caitlin Jones & A. J. Johnson
December 11, 2008 1 min read

The New York State Division of Housing and Community Renewal (DHCR) has announced that DHCR and the state Housing Trust Fund Corporation, subject to the availability of funds, will consider requests for additional low-income housing tax credits from developers with prior credit awards, in order to address the loss of tax credit equity due to condition’s beyond the control of such awardees. DHRA issued guidelines with details about requests and the resources it has available.

(http://www.dhcr.state.ny.us/Programs/LIHC/LIHC_Add_Fund.htm)

Taxpayer Donations Bolster Affordable Housing

Minnesota State Housing Tax Credit Program and Contribution Fund

Pamela Martineau • April 1, 2024 8 min read

Minnesotans hoping to bolster the state’s affordable housing stock may donate to affordable housing projects, requesting to have their donation allocated to a specific project or a general affordable housing fund and receive a tax credit of 85 percent of their donation through a new state program.

New Program Facilitates Land Purchasing for Affordable Housing

Colorado’s Land Banking Program

Nushin Huq • April 1, 2024 9 min read

A new land banking program in Colorado aims to help developers purchase land for affordable housing, solving the unique problem of not having tax credits to purchase land, as well as creating access to development in rural areas.

Breaking Ground

Will Eckstein, Senior Vice President, Harmony Housing Affordable Development

Darryl Hicks • April 1, 2024 8 min read

For much of the past 14 years, Will Eckstein has led the team responsible for securing new affordable housing development opportunities at Greystone Affordable Development,. Tax Credit Advisor sat down with Eckstein to learn more about HHAD and his priorities for the balance of 2024.