News
NCHMA Annual Meeting Power Point Presentations and Materials Now Available!
NCHMA is pleased to present the conference materials including Power Point presentations relevant articles, reports, memos, etc. from our recent Annual Meeting held in Chicago, IL September 6-7 at the Conrad Hotel.
Kentucky Accepting Applications for Project-Based Rental Assistance Vouchers
The Kentucky Housing Corporation is accepting applications for an allocation of Project-Based Section 8 Housing Choice Vouchers. The application deadline is Monday, October 8, 2012.
Maryland to Host Second Listening Session on 2013 QAP
The Maryland Department of Housing and Community Development (MDHCD) and TDA Consulting, Inc., the consulting entity for the revision process for the Maryland LIHTC QAP, will be hosting its second Listening Session on September 14, 2012
Colorado Releases Draft of 2013 QAP
The Colorado Housing Finance Agency (CHFA) has released a draft of its 2013 Qualified Allocation Plan (QAP). The draft highlights CHFA’s selection priorities for the 2013 allocation cycle.
California State Legislators Pass Bills to Bolster Redevelopment
Four legislative measures that would impact California’s cities and counties ability to direct property tax funds to local development projects were recently sent to Governor Jerry Brown for approval. This move comes after the Governor last July approved AB 26x which dissolved the activit
HUD Issues Clarifications to Notice 2012-08, Section 202 Loans
HUD has released a Frequently Asked Questions (FAQ) document to accompany Housing Notice 2012-08, which provides guidance for the prepayment and refinancing of Section 202 Direct Loan projects.
CDFI Fund Extending NMTC Deadline for Applicants Affected by Hurricane Isaac
The Community Development Financial Institution Fund (CDFI Fund) has announced that the agency will consider extending the NMTC application deadline (currently September 12, 2012 at 5:00 pm EST) to accommodate applicants that have been directly affected by Hurricane Isaac.
Circuit Court Reverses Tax Court Opinion on Historic Boardwalk Case
The U.S. Court of Appeals for the 3rd Circuit filed has issued an opinion overturning the U.S. Tax Court’s Jan. 3, 2011 decision on Historic Boardwalk Hall (HBH) v. IRS Commissioner
UPDATE: NYC Mayor Bloomberg Vetoes Controversial Intro 730-A Bill
The New York City Council recently passed a controversial new law, Int. No. 730-A, which amends Title 26 of the City of New York’s Administrative Code to add a new Section 10 entitled “Housing Development Project Reporting Requirements.” On Friday August 24, Mayor Bloomberg vetoed Intro 730-A.
New Mexico Seeks Comments on 2013 QAP Draft
The New Mexico Mortgage Finance Authority (MFA) has announced the release of its draft for the 2013 Qualified Allocation Plan and has opened it for public comment until September 21, 2012. The proposed draft includes several scoring modifications, including two changes detailed in supplemental documents.
Texas Releases Multifamily Programs Rules Draft
The Texas Department of Housing & Community Affairs has released the staff draft of its 2013 Multifamily Programs Rules. This document includes the Uniform Multifamily Rules, the Qualified Allocation Plan and the Multifamily Bond Rules.
New Jersey to Delay QAP Release and November Application Round
Due to a high volume of substantial comments, the New Jersey Housing and Mortgage Finance Agency (NJHMFA) is planning amend its Qualified Allocation Plan, which will trigger a re-proposal and a delay in adoption.