Qualified Allocation Plans Category Archives

Minnesota’s 2019 Action Plan Comment Period and Hearing – May 7

The State of Minnesota issued a draft of its 2019 Action Plan. This plan directs how the state will meet needs and priorities in 2019 using HUD resources, and will be submitted to HUD to receive federal housing and community assistance funding for the Community Development Block Grant, HOME Investment Partnerships, National Housing Trust Fund, Housing Opportunities for Persons with AIDS and Emergency Solutions Grant. A public hearing on the draft plan will be held on May 7 at 4 pm CDT at Minnesota Housing’s office – 400 Wabasha Street, Suite 400, St. Paul.

Read More

Colorado Legislature Advances Bill to Increase State Affordable Housing Tax Credits

Last week the Colorado House Appropriations Committee passed HB19-1228 which would increase the amount of state Affordable Housing Tax Credits available for annual allocation from $5 million to $10 million for 2020 through 2024. The House Appropriations Committee approved the measure with an 8-3 vote. On April 16 the bill passed the House on its Third Reading with a vote of 43-20-2. The bill now heads to the Senate for consideration where it will be taken up by the Finance Committee.