Darryl Hicks Author Archives

The Texas Department of Housing and Community Affairs (“TDHCA”) announces a Roundtable on the “EARAC and PPR Rule” (formally, 10 TAC Chapter 1, Subchapter C, Previous Participation). This rule was presented in draft form to the TDHCA Governing Board on Thursday, Sept. 6, 2018; the Board directed staff to discuss the draft further at a […]

TCAC’s proposed regulation changes and notice of public hearings are available on the TCAC website and can be viewed by clicking on the following links: Notice of Public Hearings Fall 2018 Proposed Regulation Changes For more information visit our website: California Tax Credit Allocation Committee

Ohio Housing Finance Agency posted an update to the Affordable Housing Funding Application (AHFA). This version includes the 2018 rent limits, incorporates income averaging, and improves usability. The AHFA is primarily for November applicants to the Bond Gap Financing round. This version is not for 2019 Competitive Housing Tax Credit (HTC) applications as next year’s […]

For much of his professional career, Richard Burns invested institutional capital in large commercial and multifamily real estate projects.

The Strategic Growth Council (SGC) just released the Round 4 Draft Affordable Housing and Sustainable Communities (AHSC) Program Guidelines. The draft guidelines are open for public comment and will close at 5:00 pm on September 23, 2018. Associated documents that are also posted include the Narrative Scoring Rubric and Community Engagement Tracker. The draft revised AHSC […]

In response to the comments received regarding income averaging at the focus group held in Tucson, the Arizona Department of Housing has scheduled an additional focus group immediately prior to the Phoenix focus group on September 5, 2018 to discuss this new provision in the Internal Revenue Code. Please download the Information Bulletin for additional information.

The annual Qualified Allocation Plan training will be hosted on Monday, November 5, 2018, as a pre-event session at the Ohio Housing Conference. Developers and affordable housing professionals are invited to learn about the latest revisions to the Qualified Allocation Plan, hear from industry insiders on how to avoid the most common tax credit application pitfalls, see the […]

A final and blacklined version of the Multifamily Rental Financing Program Guide (The Guide) effective March 19, 2018, as amended August 1, 2018, is posted to the Maryland Department of Housing and Community Development’s website at: https://dhcd.maryland.gov/HousingDevelopment/Pages/MFLibrary.aspx#qap The Guide was amended to implement recent changes made to Section 42 of the Internal Revenue Code as […]

Michigan State Housing Development Authority announced upcoming housing initiatives regional meetings on the following dates and locations: September 12th MSHDA Building 735 East Michigan Avenue Lansing, Michigan 48912 September 18th Fox Hill Event Center 7640 Mackinaw Trail Cadillac, Michigan 49601 September 26th Escanaba City Hall Council Chambers 410 Ludington Street Escanaba, Michigan 49829 The meetings […]

Florida Housing Finance Corporation will hold a Request for Applications (RFA) Workshop on September 5, 2018, beginning at 2:00 p.m., Eastern Time. The workshop will be held to solicit comments and suggestions from interested persons relative to Florida Housing’s proposed RFA 2018-114 SAIL Financing for the Construction of Workforce Housing and RFA 2018-115 SAIL and […]

Connecticut Housing Finance Authority announced the availability of construction and permanent taxable bond financing for use with the upcoming 9% LIHTC applications.  Applicants may apply for this program with reduced documentation. The terms of this financing and a list of the required application documents can be found here. Version 2018.3 of the CHFA & DOH Consolidated Application […]

Drafts of the Housing Credit Geographic Request for Applications (RFAs) are now available. The draft of RFA 2018-110 Housing Credit Financing for Affordable Housing Developments Located in Medium Counties may be found at http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-110 The draft of RFA 2018-111 Housing Credit Financing for Affordable Housing Developments Located in Miami-Dade County may be found at http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-111 […]