California

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

California

California Schedules Forums on Cost Containment

The California Tax Credit Allocation Committee (TCAC) will be holding forums throughout the state to discuss the issue of cost containment associated with developing affordable housing.

California

California Issues Tiebreaker Guidance for Round 2 Applicants

California’s Tax Credit Allocation Committee (TCAC) has issued a memorandum that provides guidance for second round applicants regarding final tiebreaker scoring.

California

HUD Releases Revised Income Limits

The U.S. Department of Housing and Urban Development (HUD) today released revised fiscal year (FY) 2011 income limits for certain areas.

California

California Releases Guidance for Round 2 Applicants

The California Tax Credit Allocation Committee recently released new guidance for first round applicants who are re-applying in the second round for 2011 low-income housing tax credits, as well as additional guidance for all second round applicants.

California

California Publishes Operating Cost Minimums & Methodology for 2012

The California Tax Credit Allocation Committee (TCAC) maintains an operating cost database to help derive operating cost averages for its portfolio of low-income housing tax credit projects.

California

California Issues LIHTC Guidance & Update

The California Tax Credit Allocation Committee (CTCAC) has issued a new memorandum a new scheduled Committee meeting date (June 22) to announce awards, and provides additional clarifying guidance for prospective second round applicants.

California

California Governor Names New CalHFA Director

Governor Jerry Brown has appointed Claudia Cappio as Executive Director of the California HFA. Ms. Cappio comes to the Agency with a background in land use planning, project development and administration, including affordable housing.

California

California Publishes Application Workshop Q&A

California Tax Credit Allocation Committee has published its 2011 Application Workshop Questions and Answers on its website.

California

California Announces LIHTC Set Aside Estimates

California Tax Credit Allocation Committee has issued a notice announcing 2011 estimates for its annual tax credit set asides and geographic apportionments.

California

California Schedules 2011 LIHTC Workshops

The California Tax Credit Allocation Committee (CTCAC) will be providing 2011 LIHTC application training workshops in four locations in the State to provide instructions for submitting competitive and eligible applications.

California

CTCAC Releases 2011 Proposed Regulation Changes

The California Tax Credit Allocation Committee (CTCAC) recently released substantive regulation changes for 2011. In addition, CTCAC has released original proposed changes with comments and responses.

California

California Schedules 2011 Compliance Workshops

California’s Tax Credit Allocation Committee has scheduled a series of eight low-income housing tax credit compliance workshops for affordable housing owners and management companies.

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