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 California Department of Housing and Community Development (HCD) posted the Infill Infrastructure Grant (IIG) program Round 7 Applications received and self-scores list. The information was provided by applicants and has not yet been verified by HCD. 

The Colorado Housing and Finance Authority (CHFA) issued a Request for Proposal (RFP) for an organization to conduct a quarterly survey of multifamily properties and to consult with CHFA regarding the data analysis and results. Select markets to be surveyed are listed in the RFP. Responses to the RFP must be received by CHFA no later than 5 p.m. MT on August 18 to Kristi Budish.

Florida Housing issued the following Requests for Applications (RFAs): 

RFA 2021-201 Housing Credit Financing for Affordable Housing Developments Located in Medium and Small Counties. The application deadline is August 26, 2021. 
RFA 2021-202 Housing Credit Financing for Affordable Housing Developments Located in Broward, Duval, Hillsborough, Orange, Palm Beach and Pinellas Counties. The application deadline is August 31, 2021. 
RFA 2021-203 Housing Credit Financing for Affordable Housing Developments Located in Miami-Dade County. The application deadline is August 24, 2021.  

Applications for Kansas Housing Resource Center’s (KHRC) 2021 Moderate Income Housing (MIH) program are now available. Completed applications must be returned to KHRC no later than 5 p.m. CT on September 27, 2021. Total funding for the 2021 MIH program is expected to be approximately $2 million. 

The Illinois Housing Development Authority (IHDA) posted a revised version of the draft 2022-2023 QAP. Comments are due to QAPFeedback@idha.org by 5 p.m. CT on July 30. IHDA released its Draft Multifamily Underwriting Guide. This document is to be used when completing applications for most Multifamily financing programs. Sponsors applying solely for Illinois Affordable Housing Tax Credits should reference the applicable regulations rather than the draft Guide. 

Governor Gretchen Whitmer (D) approved the Michigan State Housing Development Authority’s 2022-2023 QAP. The 2022-2023 Staff Report, QAP, Scoring Summary and approval letter from the Governor can be found on the “Qualified Allocation Plan” page of the MSHDA web site: https://www.michigan.gov/mshda/0,4641,7-141-5587_5601-31750–,00.html.

The Michigan State Housing Development Authority (MSHDA) opened the 14th round for the Gap Financing Program – Notice of Funding Availability (NOFA). This program is designed to improve MSHDA’s direct-lending production, achieve deeper income targeting and to assist with being able to finance tax-exempt bond transactions utilizing the four percent LIHTC. 

The Michigan State Housing Development Authority’s (MSHDA) board of directors approved a Pass-Through Bond Program. $100 million of MSHDA’s bond authority will be devoted to the program. Applications that are currently in the expiring July 2020 Pass-Through Bond Program pipeline, but have not yet been approved for inducement, will automatically be considered in this July 2021 Pass-Through Bond Program. The Program Bond Cap may be reduced or increased by the MSHDA subject to having sufficient volume cap for its direct lending multifamily program and single-family programs.

Minnesota Housing is offering the following trainings in partnership with People Incorporated Training Institute. During the mental health and de-escalation for property management staff training, participants will learn how to respond to angry outbursts, accusations and threats from tenants instead of just reacting to them. Using a mental health and trauma focus we will look at the neurology of these intense and upsetting encounters and some common mistakes that people make while trying to diffuse them.

The Texas Department of Housing and Community Affairs posted the Application Log for the 2021-3 Multifamily Direct Loan NOFA, as of July 21, 2021.

Virginia Housing is providing stakeholders an opportunity to weigh in on any, or all, proposed 2022 QAP changes via an online QAP survey. The survey is broken into eight sections and each proposed change is outlined with a description, reference to the applicable page in the QAP where the change is proposed and actual language being considered. The survey will conclude on August 12. Comments can also be sent to TaxCreditApps@VirginiaHousing.com.  

Monarch Private Capital announced its inaugural $235 million social bond issuance. Proceeds of the Monarch Social Bond will be used to finance affordable housing projects to support the firm’s commitment to narrowing the affordable housing gap in the United States, Monarch said.