Kaitlyn Snyder Author Archives

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

The New Markets Tax Credit (NMTC) Coalition is gathering signatures from organizations for a sign-on letter urging Congress  to pass a permanent extension and expansion of the NMTC, which is set to expire at the end of 2019. NH&RA signed the letter and urges our members to do so as well. The deadline to sign-on is Feb. 8.

The Campaign for Housing and Community Development Funding (CHCDF) is circulating a sign-on letter calling on Congress and President Trump to end the government shutdown and ensure affordable housing and community development programs receive robust funding. NH&RA signed the letter and urges our members to do so as well.

The Maryland Department of Housing and Community Development (DHCD) released the second draft of the Qualified Allocation Plan (QAP) and Multifamily Rental Financing Program Guide (Guide) for public comment. Comments on both documents should be sent electronically to dhcd.qap@maryland.gov by 5 pm ET on Feb. 4, 2019.

The New Mexico Mortgage Finance Authority made the following changes to the 2019 LIHTC application package: updated the 2019 Universal Rental Schedules A-I added the Waiver Procedure for Design Requirements document added a Certificate of Qualified Professional (CNA) document updated the 2019 Tax Credit Application Checklist to include the Waiver and CNA documents. The changes […]

The California Housing Finance Agency (CalHFA) Mixed-Income Program (MIP) is funded by the Building Homes and Jobs Act signed into law in 2017. Beginning in 2019, and continuing on an annual basis, CalHFA will receive 15 percent of the Building Homes and Jobs Act Fund, expected to be $30 – $45 million, to provide residential […]

Applications for the Affordable Housing and Sustainable Communities (AHSC) Notice of Funding Availability (NOFA) are due on Feb. 11. The AHSC program seeks to reduce greenhouse gas emissions through projects that implement land-use, housing, transportation, and agricultural land preservation practices to support infill and compact development. For the fourth round, $395 million in funding is available.

The California Tac Credit Allocation Committee (TCAC) updated attachments 4(A), 4(B), 4(C), 4(D), and 24 to fix form field errors. TCAC also released the presentation materials from its 2019 Low Income Housing Tax Credit (LIHTC) Application Workshops.

The North Carolina Housing Finance Agency published the list of received Housing Credit and tax-exempt bond preliminary applications. There were 153 preliminary 9% applications in 50 counties (141 new construction and 12 rehabilitation) and 16 tax-exempt bond applications. Applicants have until 10 am ET on Jan. 22 to withdraw an application and have the $5,760 […]

On Jan. 31 from 9 – 11:30 am ET the New Hampshire Housing Finance Authority (NHHFA) and the Community Development Finance Authority (CDFA) will host a discussion on financial and technical resources available for energy audits and energy upgrades at multi-family housing properties.

Governor Andrew Cuomo (D-NY) recently gave his State of the State address and released his FY2020 Executive Budget, outlining his priorities for the current legislative session.

Senators John Hoeven (R-ND) and Ron Wyden (D-OR) reintroduced the Move America Act. The bill would expand tax-exempt private activity bonds (PAB) and create a new infrastructure tax credit (Move America Equity Credits), to help fund infrastructure projects through private-public partnerships. According the Joint Committee on Taxation, the bill would leverage $8 billion in federal investment into $226 billion worth of bond authority over the next 10 years or up to $56 billion over 10 years in tax credits.

34 U.S. Senators and 138 U.S. Representatives signed onto a Jan. 17 letter to President Trump, raising concerns about the impact of the shutdown on the people who rely on federal housing assistance. The letter urges the President to “end this shutdown and provide immediate relief to Americans being impacted by this funding crisis.”