Qualified Allocation Plans

A previously mentioned hybrid 4%/9% policy change is now being proposed for 2016 second round projects to help address changes in the equity market.

The public is invited to attend a free (40-hour) CPTED training during the week of February 13-17, 2017 from 8:00 am to 5:00 pm. The CPTED training promotes safer communities through physical design.

Temporary rules for the Local Innovation and Fast Track (LIFT) program expire on March 10, 2017.

The Agency has made three proposed changes to the QAP. Read on for more details.

Judith ran the multifamily tax-exempt bond program since her start at THDA in 1999.

The third 2017 Low Income Housing Tax Credit (LIHTC) Application Workshop will be held on Thursday, February 9, 2017 at the Louisiana Housing Corporation.

More color is provided on last week’s report as NH&RA Executive Director Thom Amdur attended the meeting in Nashville.

THDA has posted its 2017 Final Application on its website and has noted several changes in the 2017 Application that developers should be aware of.

For 2016 awardees only, TCAC is considering allowing the projects to convert to a hybrid 9%/4% structure to bring in additional 4% tax credit equity, which would be made available through monetizing a portion or all of the voluntary basis reduction contained in the original 9% application.

Topic of discussion will be the scoring criteria in the 2018 QAP as well as other general issues.

Please not that the draft versions of these rules have not yet been released.

Read on for a summary of changes and details on the workshop.