Qualified Allocation Plans
Oklahoma Releases 2024 Draft QAP
The Oklahoma Housing Finance Agency (OHFA) released the first draft QAP for fiscal year 2024.
Tennessee Housing Development Agency Board Meeting on July 25
The Tennessee Housing Development Agency (THDA) will hold a Board meeting on July 25 to discuss preliminary changes to the QAP.
Oregon Partnership to Increase Early Education Facilities at Affordable Housing Developments
Oregon Housing and Community Services (OHCS) and the Department of Early Learning and Care (DELC) announced a partnership to address the pressing need for quality Early Care and Education (ECE) facilities and affordable housing in Oregon.
Iowa Holds QAP Hearing – July 12, Innovation Pre-Apps Due July 12
The Iowa Finance Authority will hold a public hearing on the 2024 draft nine and four percent QAPs will be held July 12 from 10 a.m. to noon ET.
Ohio Multifamily Committee Meeting – July 12
The Ohio Housing Finance Agency will hold a multifamily committee meeting at 10 a.m. ET on July 12 in the Roger McCauley Board Room, 2600 Corporate Exchange Drive, Columbus, OH 43231 and virtually
Louisiana Expands, Extends State Historic Tax Credit
Louisiana Governor John Bel Edwards (D) signed legislation that extends the State Historic Tax Credit (HTC) through Jan. 1, 2029, and increases the tax credit percentage to 25 percent of qualified rehabilitation expenditures (QREs) as of Jan. 1, 2023.
Tennessee QAP Proposed Preliminary Changes
The Tennessee Housing Development Agency (THDA) Multifamily Programs Division will host a Developer Forum for the 2024 QAP.
Kansas Round Three Deadline – July 14
Kansas Housing announced that it received applications for the four percent LIHTC equating to more than $254 million in private activity bonds (PABs) for the second of three application rounds.
Texas Passes Legislation Prioritizing Supplemental Bond Allocations, Limiting Bond Allocations to 55 Percent
Texas Governor Greg Abbott (R) recently signed legislation that gives priority in the allocation of multifamily housing private activity bonds (PABs) to properties that previously received an allocation but need additional PAB issuance to maintain compliance with the 50 percent financed-by test.
Oregon Affordable Housing Tax Credit Temporary Administrative Rule
With the guidance from the Department of Justice, Oregon Housing and Community Services announced updates to the Oregon Affordable Housing Tax Credit (OAHTC).
Kentucky Development Team Capacity Applications
Kentucky development team members participating in multifamily project applications must submit the Development Team Capacity application by June 15 at 5 p.m. ET.
Water Supply Issues in Arizona Limit Construction
A New York Times article offers a glimpse of the future as climate change batters the West. Arizona has determined that there is not enough groundwater for housing construction already approved in the Phoenix area and will stop developers from building some new subdivisions.