General News
Illinois Publishes 2022-2023 QAP
The Illinois Housing Development Authority posted its final 2022-2023 QAP, as approved the board and governor.
California Extends MHP Application Deadline to Sept. 29
The California Department of Housing and Community Development extend the application deadline from September 15 to 29 for its July Multifamily Housing Program NOFA.
California Updates 2021 Second Round Nine Percent Preliminary Recommendations
The California Tax Credit Allocation Committee (TCAC) updated the 2021 Second Round Nine Percent Preliminary Recommendations for the Federal Consolidated Appropriations Act (FAA) (Disaster Area) Projects.
$1.75 Billion Available in California’s Housing Accelerator
California announced a $1.75 Housing Accelerator, which will provide funding to shovel ready projects in lieu of tax credit equity.
Florida District Court of Appeals Upholds Opa-Locka Decision
The Third District Court of Appeals for the State of Florida affirmed a summary judgment decision issued on July 7, 2020 in favor of Opa-Locka Community Development Corporation (OLCDC). The summary judgment decision allowed OLCDC to enforce its Section 42(i)(7) Right of First Refusal under the LIHTC program. Pursuant to the lower’s court ruling, OLCDC […]
House Committee Passes Changes to ERAP
Last week, the House Financial Services Committee reported a marked-up Expediting Assistance to Renters and Landlords Act of 2021 (H.R. 5196) to the House, which, if enacted, would make significant changes to the Emergency Rental Assistance Program (ERAP).
House Committees Mark Up Reconciliation Bills with Major Housing Investments
The House Financial Services Committee completed their work on Tuesday and sent their portion of the bill to the House floor with a 30-24 party-line vote. The committee voted down all of the amendments offered by Republicans.
Arizona Offers $5.6 Million through CoC
The Arizona Department of Housing expects to conditionally allocate up to an estimated $5.6 million through the Continuum of Care process.
California Releases 1.45 Billion in Homekey Funds
The California Department of Housing and Community Development announced the release of $1.45 billion in Homekey grant funds made available through the California Comeback Plan.
California Updates 2021 State Tax Credit Dashboard
The California Tax Credit Allocation Committee updated its four percent LIHTC dashboard for the 2021 state tax credit.
Kansas Housing and Economic Development Forum
The Kansas Housing Resources Corporation (KHRC) and Department of Commerce will hold the third quarterly meeting exploring the state’s housing and economic development initiatives from 2 to 3 p.m. CT on September 14.
Kansas Posts 2021 Draft LIHTC Compliance Policies and Procedures Manual
The Kansas Housing Resources Corporation (KHRC) released a draft version of its 2021 LIHTC Compliance Policies and Procedures Manual.