Qualified Allocation Plans

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The first draft of CHFA’s 2016 Qualified Allocation Plan (QAP) is now available. The primary change for the first draft includes the following proposals: CHFA will hold two application rounds in 2016: one for all State Credit applications, (including those for the disaster recovery areas), and one for 9 percent Federal Credits: Round One: State […]

The California Tax Credit Allocation Committee will meet on September 23 to discuss 2015 Second Round Applications for Reservation of Federal and State 9% and 4% LIHTCs. TCAC recommended applications for the 9% and 4% programs are posted to the TCAC website. Click here to read the meeting notice.

TCAC developed a checklist in response to requests from project sponsors to sell or transfer ownership interests in existing tax credit projects. TCAC staff must perform a qualifications review to determine if sufficient project development and property management experience exists for the newly proposed owner and property management organization. TCAC regulations (Section 10320(b), 10325(c)(2), and […]

The California Debt Allocation Committee (CDLAC) and Tax Credit Allocation Committee (CTCAC) boards will consider proposed regulation changes on October 21, 2015. According to a notice from CDLAC, the regulations will not apply to any 2015 deals awarded bonds or tax credits in 2015, which includes the December Round. Applications for the December Round of […]

On September 8, TCAC Executive Director Mark Stivers released a revised version of changes that he proposed for the tax credit program earlier in the summer. The changes reflect feedback TCAC received during the comment period that ended August 31, and apply to the “back end provisions” sections of the original proposal. TCAC staff invites […]

California’s state low-income housing tax credit program will expand to include $100 more in allocation and the ability to certificate credits, starting in the 2016 calendar year (as long as the governor signs them into law). These changes are a result of two pieces of legislation, AB 35 and SB 377, passed by legislators in […]

WHEDA has published Modification #2 to the 2015-2016 Qualified Allocation Plans for the Low Income Housing Tax Credit program.  The modification makes changes and clarifications to some of the scoring categories, and updates procedures for the 2016 LIHTC cycle.  WHEDA anticipates that the 2016 LIHTC application will be available on approximately December 1, 2015. The […]

Sherry Bossie retired as West Virginia Housing Development Fund Senior Director of Tax Credits and Compliance.  Sherry has been with the Fund for 26 years.  She is nationally known for West Virginia’s Low-Income Housing Tax Credit Program.  Sherry began her career with the Fund in 1989 as the Fund’s Financial Management Officer.  During her time […]

TDHCA, in coordination with the Texas Apartment Association, will host a Housing Tax Credit Compliance training on September 15, 2015.  This program includes everything you need to know to be in compliance with requirements for the housing tax credit program. The course is taught by the compliance staff at the Texas Department of Housing and […]

TDHCA posted a draft 2016 qualified allocation plan to its Facebook page. The TDHCA Board will review this and other draft documents on September 3, 2015.

Thanks to the support of the Wege Foundation, GreenHome Institute is offering a free, comprehensive program for non-profit affordable housing developers who are interested in developing green, LEED certified homes.

An updated version of the LIHTC Program Application, which should be used for application submission in the October 1, 2015 funding round, has been posted to the MSHDA website. The update made the following adjustments: