General News

The Kentucky Housing Corporation (KHC) has released a revised draft of the 2012 Qualified Allocation Plan (QAP). In the revised draft, KHC has indicated that 60 percent of 2013 LIHTCs will be forward committed to projects that applied in the October 3, 2011, round.

The Virginia Housing Development Authority (VHDA) issued a memo to all potential applicants for the 2012 LIHTC allocation round to announce changes to the tax credit program.

In accordance with Section 206A of the National Housing Act, HUD has adjusted the basic statutory mortgage limits for Multifamily Housing Programs for 2012, effective January 1, 2012.

The Texas Department of Housing and Community Affairs (TDHCA) has released the 2012 Multifamily Application Materials which includes the final 2012-2013 Qualified Allocation Plan (QAP), the updated 2012 Site Demographic Characteristics Report, the Multifamily Programs Procedures Manual, Pre-Application materials, Multifamily Uniform Application, and more.

The Government Accountability Office (GAO) recently released a report which examined the effectiveness of the Department of Energy’s (DOE) Weatherization Assistance Program (WAP). The American Recovery & Reinvestment Act (ARRA) of 2009 provided $5 billion to WAP to help low-income families make long-term energy efficiency improvements to their homes.

HUD has published its quarterly notice of all regulatory waivers that the Department has approved for the Office of Community Planning and Development, the Office of Housing ““ Federal Housing Administration (FHA), and the Office of Public and Indian Housing.

HUD has issued a proposed rule change to the HOME Investment Partnerships (HOME) program which provides formula grants to states and local governments to fund activities that support the development, acquisition, and/or rehabilitation of affordable housing for rent or homeownership or to fund direct rental assistance to low-income people.

HUD’s Real Estate Assessment Center (REAC) has released the results of the most recent physical property inspections of properties that are owned, insured or subsidized by HUD, including public housing and multifamily assisted housing.

HUD’s Department of Policy Research & Development has published a Comprehensive Housing Market Analysis for Kansas City, Missouri-Kansas. The report provides a summary of the changes in the economic, demographic, and housing inventory characteristics of each specific housing market area, as well as offer projections for a three-year forecast period.

Last week, the Delaware State Housing Authority (DSHA) released its draft 2012 Qualified Allocation Plan for the Low Income Housing Tax Credit (LIHTC) program. Approximately $1.9 million will be available.

The Colorado Housing Finance Agency (CHFA) released the second draft of the state’s 2012 Qualified Allocation Plan (QAP) and a summary of proposed changes.

The Arizona Department of Housing (ADOH) has released the fifth and final draft of the state’s 2012 Qualified Allocation Plan.