Qualified Allocation Plans

QAP Florida

Florida Holds Compliance Training Workshops – June 23

Florida Housing is holding a compliance training workshop on June 23 from 8:30 a.m. to 4 p.m. ET.

QAP Kansas

Kansas Designates $62 Million for Affordable Housing Development

Governor Laura Kelly (D) capped off the legislative session by signing two major bipartisan housing bills into law, representing a combined $62 million in new housing resources, as well as initiatives to incentivize housing development.

QAP Kentucky

Kentucky Opens 2023 Multifamily Competitive Application

The Kentucky Housing Corporation opened its Universal Funding Application for the 2023 LIHTC funding round. Applications are due by noon E.T. on September 15.

QAP Minnesota

Minnesota Extends HOME-ARP Allocation Plan RFP Deadline to May 24

Minnesota Housing extended the RFP deadline for its HOME-American Rescue Plan (HOME-ARP) Allocation Plan to 5 p.m. ET on May 24.

California

CHP Analysis of CalHFA’s Mixed-Income Program

The California Housing Partnership recently analyzed data from the first three years of program awards of CalHFA’s Mixed Income Program (MIP) to assess its impact to date and compare it with other longstanding affordable housing finance programs on such factors as development type and location, levels of affordability and costs. Key findings from the MIP […]

Kansas

Kansas Governor Signs Bill Creating State LIHTC, Increasing Certain HTC Percentages

Kansas Governor Laura Kelly (D) signed legislation to create a State LIHTC for up to the amount of the Federal LIHTC award to a property. The legislation also increased the State Historic Tax Credit (HTC) percentages for certain properties. H.B. 2237 would create the State LIHTC effective for tax years beginning January 1, 2023 or […]

QAP Alaska

Alaska Board, Membership Meetings – May 18

The Alaska Housing Capital Corporation (AHCC) will hold its annual membership meeting at 9:30 a.m. AKT on May 18. The AHCC Board of Directors will meet upon adjournment of the membership meeting. Both meetings will take place via WebEx, dial 907-330-8452 three days prior to the meetings to request the access code. The Alaska Housing […]

QAP Arizona

Arizona Transitional Housing RFP

The Arizona Department of Child Safety (DCS) published an open solicitation for Transitional Housing services. The purpose of this contract is to provide a program of services that includes an array of transitional housing opportunities to young adults ages 18 to 21 in the Extended Foster Care program (EFC) and the Transitional Independent Living Program […]

QAP Colorado

Colorado Updates Utility Allowance Policy

The Colorado Housing and Finance Authority (CHFA) updated its utility allowance policy for LIHTC and CHFA multifamily loan developments. Specific changes include the following. The Colorado Department of Local Affairs-Division of Housing (DOLA) schedule is now considered an applicable PHA schedule for all counties in Colorado (see Option One: Public Housing Authority Schedule on page […]

QAP Florida

Florida Offers Construction Housing Inflation Response Program

Florida Housing issued Invitation to Participate (ITP) Construction Housing Inflation Response Program (CHIRP), which provides funding to assist competitive projects in the development pipeline experiencing cost increases related to market inflation. CHIRP funding is intended to fill the funding gap experienced due to increased construction costs. CHIRP funding is not intended to support operating expenses […]

QAP New Jersey

New Jersey Extends Ten Percent Test for Carryover Allocations

The New Jersey Housing and Mortgage Finance Agency is extending the ten percent test for carryover allocations. If the original deadline for an owner of a building with a carryover allocation to meet the ten-percent test is on or after April 1, 2020, and on or before Dec. 31, 2020, the deadline is extended to […]

QAP Ohio

Ohio Accepts Year-Round Applications for Four Percent LIHTC without Gap Financing

Effective May 6, Ohio’s 2022 Program Calendar for four percent LIHTC applications that are not seeking gap financing will fully transition from quarterly submissions to an open submission window. This open submission window only applies to four percent LIHTC applications that are not seeking gap financing. Applicants still must contact OHFA at least 45 days […]

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