Qualified Allocation Plans
California Updates 2016 Applications for 9% and 4% Tax Credits
TCAC posted 2016 applications for 9% Competitive Tax Credits, 4% Competitive Tax-Exempt Bonds Combining Federal and State Tax Credits, and 4% Tax Credits with Tax-Exempt Bond Financing.
West Virginia Releases 2016 QCTs and DDAs
West Virginia Housing Development Fund posted the list of HUD Designations of Qualified Census Tracts and Difficult Development Areas for the state of West Virginia in 2016.
West Virginia Holds 2016 LIHTC Application Workshop
West Virginia Housing Development Fund posted the agenda and registration form for its Low-Income Housing Tax Credit Program 2016 Application Workshop. The workshop will be held on March 21-22, 2016. Registration forms are due no later than Monday, February 29.
Arizona Clarifies 2016 QAP, Posts Application Workshop Slides
Arizona Department of Housing posted clarifications to the 2016 QAP and the PowerPoint presentation from its 2016 LIHTC Application Workshop, which was held on January 19, 2016, in Phoenix.
Florida Issues RFA for Housing Credit, SAIL Financing for Homeless Housing
Florida Housing Finance Corporation issued RFA No. 2016-102 for Housing Credit and SAIL Financing for Homeless Housing Developments Located in Medium and Large Counties. The Application Deadline for RFA 2016-102 is 11:00 a.m., Eastern Time, on March 10, 2016.
Florida Holds Workshop on NHTF, Financing PSH
Florida Housing will hold a workshop on February 24, focusing on approaches to implementing the National Housing Trust Fund and the agency’s approach to financing permanent supportive housing.
California Posts Application Workshop Slides
California Tax Credit Allocation Committee posted the slides from its 2016 TCAC Development Application Workshop.
Rhode Island Finances First Mortage Under HUD Risk Sharing Program
Rhode Island Housing has financed a development through the FFB Risk Sharing program. Risk Share provides credit enhancement for mortgages of multifamily housing projects whose loans are underwritten, processed, and serviced by HFAs.
Florida Posts New Draft of RFA 2016-101
A new draft of RFA 2016-101 for HOME Financing to be used for Rental Developments Located in Rural Areas has been posted to the website.
Ohio Medicaid Subsidy Demonstration Offers $3M to New Tax Credit Developments
Ohio Department of Medicaid (ODM) has made available approximately $3 million in funding for 15-year operating subsidies in new housing tax credit projects awarded through the 2016 and 2017 Housing Tax Credit program allocation years.
Idaho Opens 2016 LIHTC Second Round Application Period
IHFA will accept applications for 2016 LIHTCs through 5:00 p.m. on Friday, February 12. During this Application Period, approximately $1,014,000 in non-targeted annual tax credits will be available for reservation and open to competition from all developments.
Idaho Clarifies 2016 QAP Section on Federal Housing Programs, Local Assistance
IHFA clarifies the federal funding programs and government assistance for which developments can earn points.