- Monday, March 18 by 5 pm: Preservation pre-application appraisal requests due for projects claiming Market Conversion Risk of Loss
- Friday, April 5: RFP published and Intent to Apply and application materials available in Multifamily Customer Portal
- Thursday, May 2 by 5 pm: Preservation pre-applications due
- Friday, May 17 by 5 pm: Intent to Apply due – required for all Multifamily applications submitted in the consolidated RFP (date may change based on state legislative actions)
- Monday, June 3 by 5 pm: Multifamily application deadline
Qualified Allocation Plans Category Archives
VHDA Tax-Exempt Financing 2019 Application Dates: March 1, June 1 and Aug. 1
The Virginia Housing Development Authority (VHDA) has tentatively scheduled three more tax-exempt rental housing bond issues for 2019: March 1, June 1 and Aug. 1.
Read MoreNJHMFA Updates 9% LIHTC Q&A Policy
Effective immediately, the New Jersey Housing and Mortgage Finance Agency will institute a more structured 9% application process to preserve the competitive nature of the program. All questions pertaining to 9% applications must be submitted in written format to the following e-mail address: NJHMFAtaxcredits@njhmfa.gov. All questions and answers will be posted on NJHMFA’s website in an FAQ document and will be updated periodically.
Read MoreMD Governor signs QAP, 2019 9% applications due May 8
Governor Larry Hogan signed the 2019 Qualified Allocation Plan (QAP) and the Multifamily Rental Financing Program Guide. The new QAP and Guide are effective as of Feb. 14, 2019 and will govern all applications received on or after this date.Applications for the 2019 Competitive Funding Round are due by Wednesday, May 8, 2019 at 4 pm. The Department of Housing and Community Development (DHCD) will hold a Pre-Round Information Session on March 13 from 10 am – noon.
NJHMFA 2019 Spring Tax Credit Workshop – May 16-17
The New Jersey Housing and Mortgage Finance Agency is hosting the Spring Compliance Monitoring with Fair Housing Workshop on May 16-17, 2019. The course will run from 8:30 am to 4:30 pm ET each day at the Hilton Garden Inn, 800 US-130, Hamilton Township, NJ 08690. Registration, which is not yet open, is $430.
Webinar on California’s Proposed Standalone Multifamily Section – Feb 25
The Statewide Codes and Standards Team will host a webinar on Feb. 25 from 8 to 10 am PT to discuss proposed restructuring of the multifamily standards in the 2022 Title 24, Part 6 code. Multifamily dwellings represent roughly half of all new residential construction in California, but the current energy efficiency building standards do not adequately address the different types of multifamily buildings, nor the variations between single-family homes and nonresidential buildings.
Read MoreOHFA 2019 LIHTC Round Updates
The Ohio Housing Finance Agency (OHFA) sent notice that the maximum Housing Development Loan (HDL) for 9 percent tax credit projects will be $1.25 million and $1.75 million for Permanent Supportive Housing Projects. OHFA does not anticipate having any HDL funding remaining for 4 percent tax credit projects in 2019.
Read MoreVHDA Income Averaging Policy
The Virginia Housing Development Authority (VHDA) announced that income averaging is permitted for all newly funded VHDA developments. Projects already approved for funding, where part II of the 8609 form has not been completed will be reviewed on a case-by-case basis.
Read MoreTennessee Compliance Reporting due Feb. 15
2018 annual compliance reporting (Owner Annual Certification and Resident Data) is due Feb. 15 by 4:30 pm CT in the Housing Credit Management System. All extension requests must be submitted by a member of the ownership entity before the deadline.
Read MoreCalifornia TCAC Releases Resyndication Questionnaire Memo with Frequently Asked Questions
The California Tax Credit Allocation Committee released a Development Section Resyndication Questionnaire Memo. This memo is applicable to projects with existing low income housing tax credit allocations that are requesting a new reservation of tax credits. The questionnaire in the memo must be completed when submitting a resyndication application
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