Arizona Amends LIHTC Utility Allowance Regulations

The Arizona Department of Housing has released a notice that summarizes proposed changes to the July 2008 IRS ruling that amends utility allowance regulations for the low-income housing tax credit (LIHTC) program.

NH&RA News

CDFI Fund Opens Seventh Round of New Markets Tax Credit Program

The Community Development Financial Institutions (CDFI) Fund recently announced the opening of its seventh competitive funding round for approximately $3.5 billion in New Markets Tax Credits in 2009.


Louisiana Amends QAP, Schedules Hearing

The Louisiana Housing Finance Agency has scheduled a public hearing to receive comments on an amendment to its 2009 qualified allocation plan (QAP).

NH&RA News

Special Lodging Offer for NH&RA Annual Meeting

****NH&RA is pleased to report that the Ocean Reef Club has reduced our room rate by 10% for 2009 Affordable Housing Developers Conference and Annual Meeting. Our roomblock is already more than half-full–once our block is sold out we will not be able to get any more rooms at this great discount. Please don’t delay–reserve your room and register for the meeting today.****

South Carolina

South Carolina Incorporates NCAHMA Terminology Into 2009 LIHTC Manual

The South Carolina State Housing Finance and Development Authority has incorporated the National Council of Affordable Housing Market Analysts Market into its 2009 QAP package.

NH&RA News

CDFI Fund Director Delivers Address on New Markets Tax Credits

CDFI Fund Director Director Donna Gambrell recently delivered a wide ranging address on the New Markets Tax Credit program at the December 2 meeting of the New Markets Tax Credit Coalition. Director Gambrell discussed two NMTC case-studies and provided a summary of the 2008 NMTC Allocation Round.

NH&RA News

NH&RA Launches Council for Energy Friendly Affordable Housing

NH&RA has officially launched the new Council for Energy Friendly Affordable Housing (CEFAH). CEFAH is an independent council within NH&RA focused on developing policy solutions and practical, cost effective measures to reduce energy consumption in affordable, public and HUD-assisted housing.


President-Elect Obama Names Key Staff, Reviewers

President-elect Barack Obama has named some key appointments to White House staff and agency transition review teams with connections to housing.


Want to Know Who Attends the NH&RA Affordable Housing Developers Conference and Annual Meeting?

The NH&RA Affordable Housing Developers Conference and Annual Meeting is the premier event for affordable housing and tax credit professionals. This year we are meeting March 11-15 at the Ocean Reef Club in Key Largo, Florida. Drawing a regional and national audience””this year’s program promises to be one of the compelling yet…


Arkansas Issues Letter On LIHTC Allocations

The Arkansas Development Finance Authority has issued a letter that places priority on existing developments that previously received low-income housing tax credit allocations, but have not successfully closed or been placed-in-service because of the market conditions.


Alabama Announces HOME/LIHTC Application Cycle

The Alabama Housing Finance Authority will accept applications for its 2009 HOME/Low-Income Housing Tax Credit programs the week of March 9-13.

New York

New York to Create LIHTC Upstate Equity Fund

The New York Division of Housing & Community Renewal (DHCR) in partnership with the New York State Association for Affordable Housing and other development community partners will be creating a new Upstate Equity Fund to encourage banks to invest in low-income housing tax credit projects within their communities.

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