Qualified Allocation Plans
South Carolina Posts Required Documents for Non-Profits to get National Housing Trust Funds
In order to apply for funding through the Housing Trust Fund, a Non-Profit entity must be approved by SC Housing.
Alaska Solicits Comments on SFY2017 Housing and Community Development Annual Action Plan
The Annual Action Plan is part of the five-year strategy that was adopted in 2015 and is a prerequisite to receive federal funding for the Community Development Block Grant (CDBG) Program, the Emergency Solutions Grant (ESG) Program and the HOME Investment Partnerships Program (HOME). The Plan includes an allocation plan for the use of potential funds from the National Housing Trust Fund.
Colorado Hosts Workshop for Developers
Attendees will learn about the housing development process, real estate terminology, selection of contract service providers, cost containment, and more.
Florida Hosts National Housing Trust Fund Workshop April 28
Florida Housing will hold a workshop on Thursday, April 28, 2016, starting at 1:30 p.m., Eastern Daylight Time, to discuss the proposed Allocation Plan with the public and stakeholders. The meeting will be available in person at Florida Housing Finance Corporation and also available by phone.
Michigan Posts Draft 2017-18 QAP
The Draft 2017-2018 Qualified Allocation Plan and related documents have been posted to the April 2016 Public Hearings page of the MSHDA web site.
Ohio Invites Multifamily Developers to Apply for Section 811 Project Rental Assistance
OHFA intends to award and administer Rental Assistance Contracts (RAC) to eligible owners of multifamily rental properties funded by OHFA’s Housing Tax Credit Program.
Ohio Suspends the Use of the Utility Allowance Consumption Model
OHFA announced that effective July 1, 2016, new requests for a consumption based utility allowance will not be accepted. Owners who have requested a consumption based allowance prior to July 1 are exempt from this suspension.
Oregon Finalizes 2016 QAP, Develops 2-Step Application for 4% LIHTC
Oregon Housing Stability Council announced that the 2016 Qualified Allocation Plan has been signed by the state’s governor. 4% LIHTC applications are funded on an ongoing basis. OHSC has developed a new 2-step application process to give predictability over the timing of the 2016 QAP taking effect.
Florida Hosts National Housing Trust Fund Workshop
Florida Housing Finance Corporation will hold a workshop on Thursday, April 28, 2016, starting at 1:30 p.m., Eastern Daylight Time, to discuss a proposed National Housing Trust Fund (NHTF) Allocation Plan with the public and stakeholders.
Washington Hosts Discussions on 2017 9% Tax Credit Policies
The Washington State Housing Finance Corporation posted new information regarding stakeholder meetings on initial policy discussions and the timeline for the 2017 9% Tax Credit Program.
Michigan Allows Penalty-Free Withdrawal from April 1 Funding Round
Applicants who make this request by 5:00 pm on April 13, 2016 may also receive a refund of the LIHTC application fee that was submitted with their application. After this date, all remaining applications will be processed, unless otherwise withdrawn by the applicant, and fees will not be returned.
Michigan Announces Gap Financing Program NOFA
The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding. This funding is being made available exclusively for MSHDA’s Tax Exempt – 4% Low Income Housing Tax Credit direct lending transactions.