Qualified Allocation Plans
Iowa Posts 2016 HTC Application, Updates 2016 9% LIHTC Documents
The 2016 Housing Tax Credit Application, Exhibits and Appendices are now available on the Iowa Finance Authority web site and will be available through Monday, December 7, 2015 at 4:30 p.m.
Florida Answers Question on Multifamily Energy Retrofit Program RFA
Florida Housing Finance Corporation answers application question regarding RFA 2015-115 for Multifamily Energy Retrofit Program (MERP).
Colorado Updates Post-Year 15 Compliance and Monitoring Plan and Fee
Colorado announced that Post Year 15 monitoring fees will be $25 per tax credit including employee units (not to exceed $2,500 maximum). CHFA also announced that for developments with LIHTC and/or loans through CHFA, managers will not be required to add an increased amount of SS, SSDI, or SSI to Tenant Income Certifications (TICs) effective in 2016.
Texas Hosts Housing Tax Credit Trainings in San Antonio and McAllen
The Texas Apartment Association and Texas Department of Housing and Community Affairs will host a compliance training for the Housing Tax Credit Program on November 10 in San Antonio and November 12 in McAllen.
West Virginia Makes 2015-16 QAP Exhibit A Characteristics Sortable
The West Virginia Housing Development Fund released a sortable Excel version of the Exhibit A to the 2015 and 2016 Qualified Allocation Plan.
New NC Budget Includes Historic Tax Credit
CohnReznick: North Carolina Governor Pat McCrory signed the state’s new two-year budget into law. The budget contains new historic preservation tax credits through January 1, 2020 for both income-producing and non-income producing historic structures.
Florida Confirms CNA Not Necessary to Submit Application for RFA 2015-112
A capital needs assessment is not part of the application or scoring process for RFA 2015-112. The Florida Housing-assigned Credit Underwriter will order a capital needs assessment for Applications selected for funding only if the proposed Development involves any rehabilitation units.
Florida Issues RFA for Multifamily Energy Retrofit Program
Florida Housing Finance Corporation issued RFA 2015-115 Multifamily Energy Retrofit Program. The Application Deadline for RFA 2015-115 is 11:00 a.m., Eastern Time, on November 13, 2015.
Florida Releases RFA for Housing Credits to Preserve Affordable Housing
Florida Housing Finance Corporation issued RFA No. 2015-111 for Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments. The Application Deadline for RFA 2015-111 is 11:00 a.m., Eastern Time, on December 4, 2015.
Maryland Conducts Survey to Collect QAP Feedback
The Maryland Department of Housing and Community Development (DHCD) is kicking off the process to revise the QAP and Guide. The survey for the revision of the QAP and Guide is due November 13.
Florida Collects Feedback on Draft LIHTC RFA
Florida Housing expects to offer an estimated $2,185,789 of Low Income Housing Tax Credits for new construction, redevelopment or rehabilitation of Family or Elderly (non-Assisted Living Facility) properties in areas where a Local Government is implementing a planned initiative in partnership with private and other public stakeholders to invest funding and other resources to rejuvenate the area.
Ohio Releases Mandatory Lease Addendum for LIHTC Properties
OHFA revised the Low-Income Housing Tax Credit Lease Addendum currently used at LIHTC projects. The revised lease must be used by owners/property managers effective January 1, 2016.