General News
Delaware Releases Updated Housing Development Fund Application
The Delaware State Housing Authority has released an updated version of the Housing Development Fund (HDF) supplement application for interested developers when applying for 2010 low-income housing tax credits.
New Jersey Re-Introduces Legislation to Implement State Historic Tax Credit
New Jersey’s state lawmakers recently introduced legislation that would make New Jersey the 31st state to offer a historic rehabilitation tax credit, aimed at helping revitalize historic buildings as well as spur job creation and economic growth.
Connecticut, Georgia Top State List in Green Building
According to a new green housing report, Connecticut and Georgia top the rankings among states when it comes to energy efficient affordable housing development. Global Green USA recently released its fifth annual green building rating summary of state qualified allocation plans (QAP).
Maryland Announces Updates to 2010 Funding Round
Maryland’s Department of Housing and Community Development recently issued a notice to multifamily development professionals that announces critical updates to Maryland’s 2010 funding programs, and reminds developers of the February 23, 2010 competitive funding round application deadline.
New Jersey Introduces Bill to Abolish Council on Affordable Housing
The New Jersey State Legislature is considering a bill that would abolish the state’s Council on Affordable Housing, and transfer control of affordable housing programs to municipalities and the State Planning Commission.
USGBC Publishes Report On Using ARRA Funds For Green Building
The US Green Building Council has published a new report titled “Top 10 Ways to Use Recovery Funds for Green Building.”
HUD Proposes Revisions To FHA Multifamily Closing Documents
HUD is issuing for public comment a comprehensive set of revised closing documents for use in Federal Housing Administration (FHA) multifamily rental projects.
Nebraska Accepting Section 1602 Applications
The Nebraska Investment Finance Authority (NIFA) recently announced that it is accepting applications for Section 1602 funds.
TIGTA Publishes Report on Dollar Limits for ARRA Bonds
The U.S. Treasury Inspector General for Tax Administration (TIGTA) recently published a report entitled, “Observations About Annual Dollar Limits for American Recovery and Reinvestment Act of 2009 Bonds.”
Report Shows Vermont Top State Per Capital Using Historic Tax Credits
Vermont Housing Finance Agency has reported on its blog that a new federal report shows Vermont is the top state, per capita, for its use of Federal Historic Tax Credits to rehabilitate historic buildings.
Kentucky Schedules, January 28
On January 28, 2010 Kentucky Housing Corporation (KHC) will host a non-mandatory developer’s forum to meet with partners and discuss the 2010 open window funding round.
Kentucky Publishes Final 2010 Qualified Allocation Plan, Rental Guidelines
Kentucky Housing Corporation has published its final 2010 Qualified Allocation Plan (QAP) and Rental Production Guidelines.