Qualified Allocation Plans
Texas Oversubscribed Funds for Competitive LIHTC-Layered Applications
Pursuant to subsection 13.5(e) of the 2022 Multifamily Direct Loan Rule (related to Oversubscribed Funds for Competitive LIHTC-Layered Applications), this communication serves as notice that the General/Soft Repayment Set-Aside, as described in the 2022-1 Notice of Funding Availability, is oversubscribed. Applications concurrently requesting Competitive LIHTC may amend their application to accommodate another fund source and make changes that still meet threshold requirements in 10 TAC Chapters 11 and 13 of this title, if such changes do not impact scoring under Section 11.9 of this title (relating to Competitive HTC Selection Criteria).
Comments on Texas’ Consolidated Plan Due June 15
The Texas Department of Housing and Community Affairs (TDHCA) is accepting comments on its Draft 2022 State of Texas Consolidated Plan: One-Year Action Plan through 5 p.m. CT on June 15.
Alabama to Resume 8609 Inspections
The Alabama Housing Finance Authority paused 8609 inspections during COVID but intends to begin implementing 8609s again soon. Below are some reminders about 8609 inspections:
California Tax Credit, Debt Limit Allocation Committee Meetings – May 25
The California Debt Limit Allocation Committee (CDLAC) will meet at 10 a.m. PT on May 25, followed by the California Tax Credit Allocation Committee (TCAC) at 10:15 a.m. PT, or upon adjournment of the CDLAC meeting. Join via Teams or by dialing (888) 557‐8511, code: 5651115. The CLDAC agenda is available here and the TCAC agenda is available here.
Colorado Hosts PAB Financing Webinar – May 26
On May 26 from 2 to 4 p.m. MT, the Division of Housing, Colorado Housing and Finance Authority, and Kutak Rock are offering an informative webinar for all local officials, developers and others who want to learn how to use Private Activity Bonds (PAB).
Connecticut Holds 2022, 2023 QAP Hearing – May 19
Connecticut Housing Finance Authority (CHFA) will hold its annual LIHTC public hearing on May 19 at 1 p.m. ET to receive data, views and comments with respect to its 2022 and 2023 LIHTC QAP.
Florida Reschedules RFA 2022-210 Workshop – May 23
Florida Housing rescheduled the fourth and final workshop for RFA 2022-210 Permanent Supportive Housing for High Utilizers of Public Behavioral Health Systems for 2 p.m. ET on May 23.
Florida Holds Compliance Training Workshops – June 23
Florida Housing is holding a compliance training workshop on June 23 from 8:30 a.m. to 4 p.m. ET.
Kansas Designates $62 Million for Affordable Housing Development
Governor Laura Kelly (D) capped off the legislative session by signing two major bipartisan housing bills into law, representing a combined $62 million in new housing resources, as well as initiatives to incentivize housing development.
Kentucky Opens 2023 Multifamily Competitive Application
The Kentucky Housing Corporation opened its Universal Funding Application for the 2023 LIHTC funding round. Applications are due by noon E.T. on September 15.
Minnesota Extends HOME-ARP Allocation Plan RFP Deadline to May 24
Minnesota Housing extended the RFP deadline for its HOME-American Rescue Plan (HOME-ARP) Allocation Plan to 5 p.m. ET on May 24.
CHP Analysis of CalHFA’s Mixed-Income Program
The California Housing Partnership recently analyzed data from the first three years of program awards of CalHFA’s Mixed Income Program (MIP) to assess its impact to date and compare it with other longstanding affordable housing finance programs on such factors as development type and location, levels of affordability and costs. Key findings from the MIP […]