News

Kansas

Kansas Schedules Hearing on 2011 Tax Credit Program

The Kansas Housing Resources Corporation will conduct a public hearing to provide the public input on the Housing Tax Credit Program for 2011.

Illinois

Illinois Extends Preservation Initiative

The Illinois Housing Development Authority has extended its housing preservation initiative, offering low-cost fixed-rate permanent financing which will provide resources to borrowers to finance new construction, acquisition and rehabilitation or adaptive reuse of existing developments.

Georgia

Georgia Issues Reminder for LIHTC, Exchange Awardees

The Georgia Department of Community Affairs (DCA) has issued a reminder to awardees of low-income housing tax credits and 1602 Exchange funds about expenditure deadlines for the program.

NH&RA News

Census Bureau Releases 2009 ACS Data

The U.S. Census Bureau today released the results of the 2009 American Community Survey (ACS), providing data about the nation’s socioeconomic, housing and demographic characteristics.

NH&RA News

ACHP Releases Strategic Sustainability Performance Plan

The Advisory Council on Historic Preservation (ACHP) recently released its Strategic Sustainability Performance Plan, required by Executive Order 13514, “Federal Leadership in Environmental, Energy, and Economic Performance.”

congress-capitol

House Bill Would Allow NMTCs to Offset AMT

Rep. Alcee L. Hastings (D-Fla.) has introduced new legislation that would, among other things, allow New Markets Tax Credit investments made between March 15, 2010 and January 1, 2012 to offset the alternative minimum tax.

Nebraska

Nebraska Releases Draft 2011 QAP, Application Package

The Nebraska Investment Finance Authority (NIFA) has released its draft 2011 Low-Income Housing Tax Credit (LIHTC) Application Package, including a draft Qualified Allocation Plan, and application form.

New Hampshire

New Hampshire Releases Draft QAP for 2011

The New Hampshire Housing Finance Authority has released a draft version of its 2011 Qualified Allocation Plan for the Low Income Housing Tax Credit Program (LIHTC) and the HOME Rental Housing Production Program Rules.

New York

Top NY Housing Official Announces Details of Agency Integration

Today, New York’s top housing official, Brian Lawlor, will be announcing the details of the consolidation and merger of New York’s primary housing agencies ““ NYHomes and the Department of Housing & Community Renewal ““ into a single organization under a single leadership structure.

Texas

HUD Publishes Market Analysis Report for Killeen-Temple-Fort Hood, TX

HUD’s Economic and Market Analysis Division has prepared a Comprehensive Housing Market Analysis Report for the Killen-Temple-Fort Hood, Texas market area.

NH&RA News

CDFI Fund Releases Preliminary Data on 2009 NMTC Projects

The U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund has released preliminary data on projects financed by New Markets Tax Credits through December 31, 2009 by organizations that were awarded allocations of NMTCs.

HUD

HUD Releases Updated DDA & QCT Tables

On September 9, the U.S. Department of Housing and Urban Development announced the designated Difficult Development Areas (DDA) and Qualified Census Tracts (QCT) for the purposes of the 2011 low-income housing tax credit program; however, the notice omitted the tables listing the metropolitan and non-metropolitan DDAs for 2011.

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