Kaitlyn Snyder Author Archives

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

A few weeks ago, NH&RA and several of our partners sent a letter to Treasury Secretary Janet Yellen urging that Community Development Finance Tools be preserved under a New Global Minimum Tax. Last week, the Assistant Secretary for Tax Policy Lily Batchelder singled out breaks for low-income housing, renewable energy and the New Markets Tax […]

The California Housing Partnership recently analyzed data from the first three years of program awards of CalHFA’s Mixed Income Program (MIP) to assess its impact to date and compare it with other longstanding affordable housing finance programs on such factors as development type and location, levels of affordability and costs. Key findings from the MIP […]

Kansas Governor Laura Kelly (D) signed legislation to create a State LIHTC for up to the amount of the Federal LIHTC award to a property. The legislation also increased the State Historic Tax Credit (HTC) percentages for certain properties. H.B. 2237 would create the State LIHTC effective for tax years beginning January 1, 2023 or […]

The Alaska Housing Capital Corporation (AHCC) will hold its annual membership meeting at 9:30 a.m. AKT on May 18. The AHCC Board of Directors will meet upon adjournment of the membership meeting. Both meetings will take place via WebEx, dial 907-330-8452 three days prior to the meetings to request the access code. The Alaska Housing […]

The Arizona Department of Child Safety (DCS) published an open solicitation for Transitional Housing services. The purpose of this contract is to provide a program of services that includes an array of transitional housing opportunities to young adults ages 18 to 21 in the Extended Foster Care program (EFC) and the Transitional Independent Living Program […]

The Colorado Housing and Finance Authority (CHFA) updated its utility allowance policy for LIHTC and CHFA multifamily loan developments. Specific changes include the following. The Colorado Department of Local Affairs-Division of Housing (DOLA) schedule is now considered an applicable PHA schedule for all counties in Colorado (see Option One: Public Housing Authority Schedule on page […]

Florida Housing issued Invitation to Participate (ITP) Construction Housing Inflation Response Program (CHIRP), which provides funding to assist competitive projects in the development pipeline experiencing cost increases related to market inflation. CHIRP funding is intended to fill the funding gap experienced due to increased construction costs. CHIRP funding is not intended to support operating expenses […]

The New Jersey Housing and Mortgage Finance Agency is extending the ten percent test for carryover allocations. If the original deadline for an owner of a building with a carryover allocation to meet the ten-percent test is on or after April 1, 2020, and on or before Dec. 31, 2020, the deadline is extended to […]

Effective May 6, Ohio’s 2022 Program Calendar for four percent LIHTC applications that are not seeking gap financing will fully transition from quarterly submissions to an open submission window. This open submission window only applies to four percent LIHTC applications that are not seeking gap financing. Applicants still must contact OHFA at least 45 days […]

The Governing Board of the Texas Department of Housing and Community Affairs (TDHCA) will meet at 10 a.m. CT May 12. The meeting will be held in Room JHR 140 of the John H. Reagan Building, 1400 North Congress Avenue, Austin, TX. There will not be a remote online or telephone option for public participation. […]

As part of the 2022 Competitive nine percent LIHTC Allocation process, the Texas Department of Housing and Community Affairs’ (TDHCA’s) Multifamily Finance Division posted an updated 2022 nine percent LIHTC Full Application Submission Log. The log is organized by region and subregion, except for the At-Risk and USDA Set-Asides. Applicants selecting the At-Risk/USDA Set-Asides are […]

The Texas Department of Housing and Community Affairs’ Compliance Division posted Frequently Asked Questions pertaining to the LIHTC and Multifamily Programs that Compliance staff monitor. If you have any questions, please contact TDHCA Director of Multifamily Compliance, Wendy Quackenbush at 512-305-8860 or at wendy.quackenbush@tdhca.state.tx.us.