Qualified Allocation Plans

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

The Minnesota Department of Employment and Economic Development, Minnesota Housing, and the Minnesota Department of Human Services are taking comments on:

The Louisiana Housing Corporation released its 2016 Draft Qualified Allocation Plan on August 12. The corporation will hold a public hearing to receive comments on the plan August 28 at 9:00 a.m. at the LHC headquarters located at 2415 Quail Drive in Baton Rouge. A detailed list of the 2015 approved tax credit recipients and […]

The Advance Review of Applicant and Developer Lists of Principals for RFA 2015-109 (SAIL Financing for Smaller Permanent Supportive Housing Properties For Persons With Special Needs) begins August 26, 2015. Information may be submitted for review during the period August 26, 2015 through November 3, 2015 and must be submitted to the e-mail address FHFCAdvanceReview@floridahousing.org.

A draft of the RFA 2015-110 for Financing of Affordable Multifamily Housing Developments with HOME Funding to be used in conjunction with Florida Housing-Issued MMRB and Non-Competitive HC– is available for review and comment on the webpage.

CHFA recently announced that it has completed the third and final Low Income Housing Tax Credit (LIHTC) allocation round of 2015. In Round Three, 31 applications were received seeking nearly $28 million in housing credit. CHFA is awarding allocations to 14 developments, with a total amount of $12,942,141 in credit reserved. These 14 developments will […]

The Arizona Department of Housing has posted for review the first draft of the 2016 Qualified Allocation Plan and will accept comments on the draft until September 25 at 4:00 pm. Two Focus Group sessions have been scheduled as well.

Washington State Housing Finance Commission revised the Total Development Cost limits to include a new category for Pierce and Snohomish counties. The deadline for additional comments on the revised recommendation is extended through Friday, August 21.

In the development of the 2016 Draft Underwriting and Loan Policy rules, Post Award and Asset Management Requirements rules, Texas Department of Housing and Community Affairs will be hosting a roundtable on Monday, August 24, from 9:00 a.m. to 12:00 p.m., at the Pecan Room at the Norris Conference Center (2525 West Anderson Lane, Suite 365, Austin, TX 78757).

In the development of the 2016 Draft Qualified Allocation Plan and Uniform Multifamily Rules, Texas Department of Housing and Community Affairs staff is seeking input through an Online Forum for discussion on specific scoring items and/or other topics related to its multifamily funding activities.

Oregon Housing and Community Services is currently in the midst of several planning efforts, including the Qualified Allocation Plan, or QAP, 2016 LIHTC NOFA, and the Balance of State Consolidated Plan. OHCS has been conducting stakeholder outreach meetings with participating jurisdictions, lenders and investors, and developers and partners who participate in both the 9% LIHTC program and 4% LIHTC program.

OHFA announced new monitoring procedures for Extended Use properties. Effective January 1, 2016, properties in the Extended Use period (between 16 and 30 years of compliance), will have both physical and file reviews conducted on either a three- or five-year rotation cycle.

Ohio Housing Finance Agency’s (OHFA) Compliance Training focuses primarily on the basics of compliance for the Housing Tax Credit program (also known as the HTC program). Because compliance rules and procedures are frequently updated, the course is beneficial for individuals new to the Housing Tax Credit program as well as seasoned veterans.