News
California Schedules Mandatory ARRA Funding Workshops
The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds.
Rural Housing Service Implements Section 538 Demonstration Program
The U.S. Department of Agriculture’s (USDA) Rural Housing Service has announced the implementation of a $10 million demonstration program under its Section 538 Guaranteed Rural Rental Housing Program to test the viability of the concept of providing a continuous loan note guarantee through the construction and permanent loan phases of a project.
New York Senate Reviews Legislation on LIHTC Property Conveyances
The New York State Senate is considering legislation related to conveyances involving real property financed with federal low-income housing tax credits.
Washington Proposes Changes to 2010 LIHTC Policies, Schedules Hearing
The Washington State Housing Finance Commission recently issued a memorandum summarizing proposed revisions to its low-income housing tax credit program policies for 2010.
Maryland Postpones October Funding Round
The Maryland Department of Housing and Community Development recently announced that it will postpone its scheduled October 2009 competitive funding round until early 2010, with applications due in February ““ an exact due date will be determined at a later date.
Senate Introduces NMTC Extension Legislation
Sen. Jay Rockefeller (D-W.V.) has introduced legislation (S. 1583) that would extend the New Markets Tax Credit for five years and provide $5 billion in annual NMTC allocation authority.
’09 Summer Institute Videos & Audio Files Now Available
If you missed the 2009 Summer Institute in Woodstock, VT you can still purchase conference materials and video and/or audio recordings of select sessions.
California Issues Additional Guidance On TCAP Environmental Requirements
The California Tax Credit Allocation Committee has issued a notice entitled, “Tax Credit Assistance Program (TCAP) Environmental Requirements & Guidance.”
Tennessee Releases Environmental Review Forms for TCAP
The Tennessee Housing Development Agency has made available various environmental review forms for qualified applicants seeking funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act.
New Mexico Releases Draft 2010 QAP
The New Mexico Mortgage Finance Authority has released a draft of its 2010 qualified allocation plan for the low-income housing tax credit (LIHTC) program and will accept comments regarding the draft QAP until September 28.
New Hampshire Releases Draft 2010 QAP
The New Hampshire Housing Finance Authority recently released its draft 2010 qualified allocation plan (QAP) for administering the federal low-income housing tax credit (LIHTC) program.
U.S. Green Building Council Launches Building Performance Initiative
The U.S. Green Building Council (USGBC) recently announced the launch of its new Building Performance Initiative, which will collect and analyze performance data about LEED-certified buildings.