Qualified Allocation Plans
Texas Hosts Multifamily HOME Training on Direct Loan NOFA
Texas Department of Housing and Community Development will host a Multifamily Training on February 2-3, 2016.
Oregon Presents 2016 QAP Draft to Housing Stability Council
The draft will be presented to the Housing Stability Council on Friday, January 8, 2015. If the Housing Stability Council approves, OHCS will open a formal, 30-day, public comment period.
Alabama Finalizes 2016 QAP
Alabama Housing Finance Agency released the state’s final 2016 Qualified Allocation Plan. The 2016 AHFA Multifamily Funding application has not yet been released.
Indiana Announces Deadlines for CDBG, HOME Applications
CDBG Owner-Occupied Repair (OOR) Program applications are due May 13. HOME Program applications are due August 5.
New Oregon Law Keeps Non-Profit Developers Abreast of Surplus Land
If your organization is a non-profit organization and you develop housing for families and individuals with low incomes, and you are interested in receiving notices of potential surplus land you can sign up with OHCS.
$2 Billion Bond Proposed for Permanent Supportive Housing in CA
The “No Place Like Home” initiative includes $2 billion bond to construct permanent supportive housing for chronically homeless persons with mental illness.
Washington Announces 2016 Competitive Tax Credit Maximum Awards
The 2016 per capita credit authority for Washington State will be $16,850,325. This amount is based on a 2016 population estimate of 7,170,351 and a per capita rate of 2.35.
Washington Hosts Forum on Bond, Tax Credit Policies
The meeting will take place on Thursday, January 7 from 1:30-2:30pm in the Commission’s Training Room. A conference call option is also available.
Texas Posts 2016 Competitive Housing Tax Credit Pre-Application
The Texas Department of Housing and Community Affairs has posted to its website the link to the 2016 Competitive Housing Tax Credit Pre-Application. A webinar covering the jotform pre-application is also posted.
Maryland Leaders Commit $600M to Redeveloping Baltimore City
The elimination of blighted portions of the city will be supported by more than $600 million in financing opportunities, including the Rental Assistance Demonstration program and the issuance of potentially $200 million in revenue bonds.
California Announces 2016 LIHTC Workshops
The workshops review 2015-16 regulation changes; the 9% application, attachments, and checklist; and updates from the California Debt Limit Allocation Committee. The workshops will take place in Oakland, Sacramento, San Diego, Los Angeles, and Pasadena.
North Carolina Clarifies 2016 QAP Basis Boost Eligibility
The North Carolina Housing Finance Agency announced that applicants for 2016 low-income housing tax credits are no longer eligible for the 15% Agency designated basis boost as a result of the Consolidated Appropriations Act of 2016.