General News

Texas

Texas Releases Public Hearing Schedule for the 2012 LIHTC Application Round

The Texas Department of Housing and Community Affairs (TDHCA) has released its public hearing schedule to gather public comments on 2012 Competitive Housing Tax Credit (HTC) Applications.

Arizona

Arizona Releases Clarifications to the 2012 QAP

The Arizona Department of Housing (ADOH) has issued clarifications to the state’s 2012 Qualified Allocation Plan (QAP).

Indiana

Indiana House Approves Historic Credit Bill

Indiana’s House of Representatives recently approved and sent the Senate a bill to revise the state’s historic tax credit program, which currently provides a credit equal to 20% of qualified rehab expenses.

congress-capitol

A Quick Guide to the Budget

Budget of the United States Government, Fiscal Year 2013 contains the Budget Message of the President, information on the President’s priorities, budget overviews organized by agency, and summary tables.

Indiana

Indiana Adopts Tax Credit Property Legislation

On February 1, the Indiana State Senate adopted Senate Bill 344, which requires county assessors to include the value of the federal low-income housing tax credit (LIHTC) in the assessed value of tax credit properties.

NH&RA News

ACHP Releases Report on Historic Property Management

The Advisory Council on Historic Preservation (ACHP) on February 15 released its third Preserve America Executive Order Report to the President.

New Hampshire

New Hampshire Publishes Report on Impact of Housing Tax Credits

The New Hampshire Housing Finance Authority (NHHFA) recently published a report that highlights the impact of low-income housing tax credits on New Hampshire communities.

California

California Announces 2012 Funding Rounds

The California Tax Credit Allocation Committee (CTCAC) has released application materials and attachments for the 2012 9% competitive, 4% competitive and 4% tax-exempt bond application rounds.

Iowa

Iowa Releases 2012 LIHTC Program Information

The Iowa Finance Authority (IFA) has released its Qualified Allocation Plan (QAP) and supporting LIHTC program documents for the 2012 tax credit program.

HUD

New Data System Will Track Conservation Measures in Public/Indian Housing

The Tuesday, February 14 Federal Register included a notice that HUD is creating the Capture Energy Efficiency Measures for PIH (CEEMP) data system to track the amount and types of Energy Conservation Measures being implemented within Public and Indian units.

Ohio

Ohio Updates Environmental Review Standards

Ohio Housing Finance Agency has updated its Environmental Review Standards for multifamily projects receiving federal HOME funds in Fiscal Years 2012 and 2013.

Michigan

IRS Releases Notice on RPWG Physical Inspection Pilot Program

The IRS recently issued Notice 2012-18 to clarify rules relating to compliance monitoring and physical inspection requirements under the Rental Policy Working Group’s (RPWG) Physical Inspections Pilot Program. This program hopes to achieve a more coordinated effort for conducting physical inspections at properties that benefit from multiple sources of Federal funding with different inspection protocol

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