General News
Kentucky HOME and NHTF Annual Rent Approvals Due June 30
Kentucky multifamily HOME- and NHTF-funded projects still in their affordability period are required to submit an annual HOME Annual Rent Approval Form (Home Rental Program Tools) and NHTF Rent Approval Form (National Housing Trust Fund Program Tools) located on the Asset Management page of KHC’s website. The 2013 HOME Final Rule is an amendment to […]
Oklahoma Housing Finance Agency Opens 2027 QAP Comment Period
The Oklahoma Housing Finance Agency has opened the comment period for their 2027 QAP 1st Draft. All comments must be received by July 9th at 5 p.m. Input can be provided in one of the following ways:
Kansas City Unions Propose Pension-Funded Affordable Housing Developments
The Western Missouri and Kansas Laborers-Employers Cooperation and Education Trust (Mo-Kan LECET) is exploring a plan to support affordable housing development in Kansas City by using a coalition of union pension funds to close the gap on underfunded projects. Is there precedence? The proposed pension investment approach has been used across the country to great […]
Vermont Housing Finance Authority Awards $28 Million in Tax Credits for 241 Affordable Apartments
The Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded $28 million in LIHTC funding for 241 apartments. These homes will serve low-income renters in seven communities across the state. Three projects will receive $26 million for paying development costs: Four additional development projects will receive an estimated $1.9 million from a state rental tax credit […]
State of Maryland Announces $73.3 Million in Awards for Statewide Community Revitalization and Economic Development
Maryland Department of Housing and Community Development announced the finalization of $73.3 million in Fiscal Year 2027 awards to support the Department’s six State Revitalization Programs. The investment in county and municipal governments, community development organizations, and other community institutions and partners will fund 247 projects and activities that directly support local revitalization goals in […]
Virginia Housing Appoints Nate Shultz as Board Member
Virginia Housing announced Nathan (Nate) Shultz of Alexandria has been named a new board member for the Virginia Housing Board of Commissioners. Shultz is a housing and mortgage finance policy expert and practitioner. In his current role at Potomac Partners LLC, he provides consulting services to a broad array of housing, mortgage finance and policy […]
Iowa Finance Authority Awards $11.3 Million in Federal Housing Tax Credits
The Iowa Finance Authority (IFA) Board of Directors awarded more than $11.3 million in federal housing tax credits to support the construction and rehabilitation of 338 affordable rental homes across nine Iowa communities. The awards will support rental housing developments in Council Bluffs, Des Moines, Greenfield, Ottumwa, Perry, Sioux City, Story City, Urbandale, and Washington. […]
New Hampshire Housing Publishes Requirements for Identity of Interest Waivers
The New Hampshire Housing rule prohibiting construction contracts between parties sharing an identity of interest may be waived by the Executive Director in their discretion pursuant to HFA 117.07(a)(1) A. viii). Waiver requests shall be submitted pursuant to HFA 117 (Waiver Rules) and the HFA 117 Waiver Requests Procedure Standards policy. NH Housing now has underwriting policy guidance about the documentation needed to request […]
Kentucky Housing Corporation Launches Payment in Lieu of Taxes Program
Kentucky Housing Corporation (KHC) is launching a Payment In Lieu of Taxes (PILOT) Program beginning January 1, 2027. This new initiative is designed to support the development of residential multifamily housing in Kentucky by reducing property tax burdens for eligible developments. Through this program, KHC may acquire property for residential development, lease it to eligible […]
Colorado Housing and Finance Authority Multifamily Program Compliance Updates
The Colorado Housing and Finance Authority (CHFA) released updates for three multifamily program compliance policies. CHFA Multifamily Program Compliance Manual for Housing Tax Credit and CHFA Multifamily Loan Programs Updated The CHFA Multifamily Program Compliance Manual now includes updated guidance for developments with Housing Tax Credits and/or Multifamily Loan financing through CHFA. Use this version for questions regarding procedures, rules, and regulations. View a full list of all new […]
Maryland Department of Housing and Community Development Celebrates Passage of Legislation Increasing Housing Production and Affordability
The Maryland General Assembly passed the Maryland Transit and Housing Opportunity Act and the Maryland Housing Certainty Act into law in 2026, key legislation to address Maryland’s housing crisis. This new housing legislation is accompanied by a Fiscal Year 2027 budget that supports the Maryland Department of Housing and Community Development’s robust affordable housing investment and safeguards […]
Connecticut Housing Finance Agency Awards $11.5 Million in Federal Tax Credits to Develop 319 Rental Homes
The Board of Directors of the Connecticut Housing Finance Authority (CHFA) approved allocations of federal 9% Low-Income Housing Tax Credits (LIHTCs) to support the development and preservation of affordable housing in communities across Connecticut. The awards will support six developments located in Cromwell, Farmington, Hartford, Naugatuck, and New Britain, representing a combined total of 319 rental units, including 282 affordable apartments […]