Jessica Hoefer Author Archives

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Merchants Capital announced in a press release that it has arranged $13 million in debt financing and $7.2 million in equity financing to support the renovation and redevelopment of Adcock Joyner Apartments in Oakland, CA.

The Cook County Assessor’s Office announced dates for its upcoming informational webinars about a new affordable housing property tax incentive.

KeyBank Community Development Lending and Investment provided a $29.7 million construction loan and KeyBank Real Estate Capital provided a $12.2 million Freddie Mac Tax Exempt Loan for Prestwick Development, an Atlanta-based real estate developer, to construct an affordable multifamily property in Acworth, GA.

Merchants Capital announced it has closed a record $7 billion in debt production in 2021. The firm achieved explosive growth in all product offerings, including a 72 percent increase in Federal Housing Administration financing to $1.97 billion, a 143 percent increase in Fannie Mae and Freddie Mac production approaching $1 billion and a 65 percent increase in Merchants Bank of Indiana balance sheet financing with over $4 billion in volume in 2021.

The Ohio Housing Finance Agency (OHFA) posed the draft 2022 Housing Development Gap Financing (HDGF) guidelines.

The agencies that administer New Hampshire’s federal funds for the Community Development Block Grant (CDBG), Emergency Solutions Grant (ESG), HOME Investment Partnerships Program (HOME) and Housing Trust Fund (HTF) are having a public hearing for input into the activities that will be federally funded for the state’s 2022 Action Plan.

The California Tax Credit Allocation Committee (CTCAC) updated attachment 40 in its nine percent LIHTC e-application, as well as its CTCAC excel application with California Debt Limit Allocation Committee (CDLAC) scoring.

President Biden recently issued an Executive Order requiring that large-scale Federal construction projects with at least $35 million in costs use project labor agreements with one or more labor organizations.

The Oklahoma Housing Finance Agency will host a HOME and National Housing Trust Fund (NHTF) application training on March 1 from 1 to 3 p.m. CT.

Florida Housing released a revised version of its 2021-2022 Tentative Funding Amounts and Timeline.

The Tennessee Housing Development Agency (THDA) has updated its THOMAS page with THDA templates, 2022 MTBA Workshop slides, 2022 Template Checklist and MTBA Frequently Asked Questions (FAQ), which may be needed for the upcoming submission round.

The Colorado Housing and Finance Authority posted the 2022 Round One Applicant Report.