A. J. Johnson Author Archives
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Minnesota Agency Posts Selection Criteria for TCAP, Exchange
The Minnesota Housing Finance Agency recently published its selection process and criteria for eligible projects applying for funding through the Tax Credit Exchange and Tax Credit Assistance (TCAP) Programs.
Nebraska Publishes TCAP Selection Criteria
The Nebraska Investment Finance Agency has made available the selection criteria for its Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.
Texas Publishes Plan for TCAP Implementation
The Texas Department of Housing and Community Affairs has published its draft implantation plan for the Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.
Wisconsin Publishes ARRA Guidance
The Wisconsin Housing and Economic Development Authority has published guidance on the deployment of housing assistance funds provided by the Tax Credit Exchange and Tax Credit Assistance (TCAP) programs under the American Recovery and Reinvestment Act.
NH&RA Launches Social Networking Group
NH&RA is pleased to announce that we have created a FaceBook Group for our members. FaceBook is a social networking site that allows its users to stay connected with friends and personal contacts, as well as colleagues and business associates. Its only takes a few minutes to get started and create a profile.
House Ways and Means Committee To Hold Hearing On Tax Exempt Bonds
House Ways and Means Select Revenue Measures Subcommittee Chairman Richard E. Neal (D-MA) has that the Subcommittee on Select Revenue Measures will hold a hearing on issues involving tax-exempt and taxable governmental bonds on May 21.
GAO Issues Report On Military Housing Privatization
The General Accountability Office has issued a new report on the Military Housing Privatization entitled “Housing Privatization: DOD Faces New Challenges Due to Significant Growth at Some Installations and Recent Turmoil in the Financial Markets.” The report finds that several force structure and infrastructure initiatives are compounding DOD’s and the developers’ challenges in ensuring that affordable and adequate military family housing will exist when needed.
CDFI Outlines Plans for Awarding Extra New Markets Credits
Tax Credit Advisor, April 2009: The Community Development Financial Institutions (CDFI) Fund has issued an implementation plan describing how it plans to award $3 billion in extra federal new market tax credits and other funds provided by the economic stimulus act.
Forget About the Apple; Teachers Get a Break On Rent at New Baltimore Development
Tax Credit Advisor, April 2009: Are you a teacher? If so, you can get great break on your monthly rent at the new Miller’s Court development in Baltimore, MD. Public education – and rewarding the professionals who contribute to it – is the theme of this $21.9 million historic rehabilitation project, which is utilizing new markets and historic tax credits.
Maryland Historic Credit Produces Economic and Environmental Benefits
Tax Credit Advisor, April 2009: Maryland’s state historic rehabilitation tax credit program has yielded not only economic benefits but also environmental and sustainability benefits, according to a new report published by the Abell Foundation. The foundation supports various efforts to counter poverty and serve the disadvantaged in the Baltimore area.
Housing Credit Yields Continue to Rise
Tax Credit Advisor, April 2009:The low-income housing tax credit (LIHTC) equity market appears likely to remain muted at least for a number of months, even as projected yields to investors ramp upward rapidly.
DC Project Shows the Payback from Green Retrofitting
Tax Credit Advisor, April 2009: Galen Terrace, an 84-unit affordable apartment property in the Anacostia neighborhood of Washington, DC, is a poster child for the benefits of green retrofitting.