California
California Proposes Changes to 2010 QAP
The California Tax Credit Allocation Committee (TCAC) has released a set of proposed regulation changes for its 2010 low-income housing tax credit program and qualified allocation plan (QAP).
Los Angeles Names New Housing Manager
Los Angeles Mayor Antonio Villaraigosa has announced Doug Guthrie will replace Mercedes Marques as the general manager of the city’s Housing Department.
California Proposes Revised 2010 Regs
The California Tax Credit Allocation Committee has released its proposed regulation changes for 2010. The committee has also scheduled three public meetings to solicit comments on the possible changes.
California Releases Applications for LIHTC Exchange, Gap Financing
The California Tax Credit Allocation Committee recently released its 2009 applications for 4% and 9% tax credit exchange and gap financing.
California Releases Final Proposed Regulation Changes for ARRA
The California Tax Credit Allocation Committee (TCAC) has released a revised set of proposed regulation changes to the American Recovery and Reinvestment Act programs and tax credit program tiebreaker.
California Releases 2010 Program Schedule
The California Tax Credit Allocation Committee has released its proposed schedule and deadlines for administering the 2010 tax credit program.
Obama Nominates Three More State Rural Housing Directors
The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.
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.
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.”
California Schedules Hearing for LIHTC and ARRA
The California Tax Credit Allocation Committee will hold a public hearing on September 17 in Sacramento.
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.”
California Issues Reminder to LIHTC Applicants
In April of this year, the California Tax Credit Allocation Committee (TCAC) announced it would conduct a single competitive funding round for 9% and 4%-plus-state credit applications. In order to accommodate applicants who had planned to apply for second round consideration, TCAC regulations were adopted allowing applicants to provide specified information by August 17, 2009.