News
NCSHA 2011 Factbook Details HFA Program Activity
The National Council of State Housing Agencies (NCSHA) recently released its 2011 Factbook, a comprehensive survey of housing finance agency (HFA) program activity.
Arizona Updates Bond Application Materials
The Arizona Department of Housing (ADOH) has posted updated versions of the Multifamily Revenue Bond Procedural Guidelines.
Ohio Historic Tax Credit Program 2012 Annual Report Released
The Ohio Development Services Agency recently released an annual report on the Ohio historic preservation tax credit program.
California Releases Final Regulation Changes to Cost Certification and Market Study Requirements
The California Tax Credit Allocation Committee (CTCAC) has released the final proposed regulation changes to the CPA Final Cost Certification Requirements and Market Study Requirements for the current 2013 program year.
House Ways and Means Committee Holds Hearing on Residential Real Estate Tax Provisions
The House Ways & Means Committee recently held a hearing on federal tax provisions that affect residential real estate, including the low-income housing tax credit (LIHTC).
CTCAC Releases CUAC FAQ
The California Tax Credit Allocation Committee CTCAC has released a Frequently Asked Questions (FAQ) document for California Utility Allowance Calculator (CUAC) submissions to the agency.
Minnesota Housing Issues Housing Tax Credit RFP
Minnesota recently released the RFPs including the application, materials, and instructions for the consolidated 2013 Multifamily and the 2014 Housing Tax Credit allocation rounds.
CalHFA Expands the Multifamily Preservation Loan Program
The California Housing Finance Agency (CalHFA) recently announced the expansion of its Preservation Loan Program, a financing program to maintain affordability of multifamily housing across the state.
HUD Issues Guidance for Processing Interest Rate Reduction Requests
HUD’s Office of Multifamily Housing recently issued a memo providing guidance for processing requests by mortgagees to reduce the interest rate on an insure mortgage loans and to clarify HUD’s processing procedures to reduce the interest rate and re-amortize the loan.
HUD Issues Notice to Update Processing Procedures for Section 202, 811 Programs
HUD recently released Notice H 2013-12 to update and replace Notice 2009-10, which defined the Department’s initial procedures for processing certain Section 202 Supportive Housing for the Elderly projects and Section 811 Supportive Housing for Persons with Disabilities under a delegated processing system.
NPS Releases Historic Tax Credit 2012 Annual Report
The National Park Service (NPS) recently released its 2012 annual report on the historic tax credit (HTC) entitled “Federal Tax Incentives for Rehabilitating Historic Buildings”.
Missouri Senate Approves Measure to Extend, Modify State NMTC
The Missouri State Senate recently passed S.B. 112, a measure which would make changes to the State’s new markets tax credit (NMTC) program.