The Tennessee Housing Development Agency (THDA) incorporated the 2021 New Construction Needs scores and Existing and Pipeline Affordable Housing units tables into its interactive map. On October 20, THDA said “the 2021 QAP will be published in the very near future, upon the governor’s signature”.
On Monday, the Senate voted down a motion to consider the House-passed resolution of disapproval (H.J. Res. 90) to nullify the Office of the Comptroller of the Currency’s new rule on Community Reinvestment Act (CRA). The Federal Reserve’s advanced notice of proposed rulemaking was officially published in the Federal Register. Comments are due by February 16, 2021; NH&RA will submit comments and encourages our members to do so as well.Read More
California Tax Credit Allocation Committee (TCAC) will conduct an Owner and Management Training Class for those owners who have received a reservation of tax credits but lack documented experience and are required to complete training prior to the project’s placing in service. The training is also for property management companies required to complete this training as indicated in the TCAC staff report.Read More
The Colorado Housing and Finance Authority (CHFA) announced that Kathryn Grosscup has been selected as its new manager of Housing Tax Credits. In this role, Grosscup is responsible for the day-to-day administration of CHFA’s tax credit allocation program and leading CHFA’s tax credit team.Read More
The Connecticut Housing Finance Authority (CHFA) announced the deadline to apply for taxable bond construction-to-permanent or permanent-only financing for developments expecting to apply in the upcoming 2021 nine percent LIHTC Round has been extended to 4 p.m. ET on Friday, October 23, 2020.Read More
The Massachusetts Department of Housing and Community Development (DHCD) has added $2.9 million to the HOME Program, which it received through HOME loan payments. As with the prior collection of HOME Program Income, DHCD intends to make this additional HOME Program Income available for commitment to the new HOME rental development projects.Read More
Comments on Minnesota Housing’s draft 2022-2023 QAP are due by 5 p.m. CT on October 26 to firstname.lastname@example.org. As a result of the additional changes proposed by Minnesota Housing, the 2022-2023 QAP Composite Maps for both the Metro and Greater Minnesota have been updated as well as the interactive Community Profiles map.