Connecticut
CHFA Is Seeking Program or Project Proposals from CDFIs
The Connecticut Housing Finance Authority (“CHFA”) is seeking program or project proposals from Community Development Finance Institutions (“CDFIs”) that will result in the creation of new affordable rental housing targeted to individuals and/or families earning 50% of Area Median Income (“AMI”) or below. Deadline to submit proposals is Friday, January 16, 2015, no later than […]
CHFA Multifamily Underwriting Standards Summary Has Been Revised
The Connecticut Housing Finance Authority (CHFA) Multifamily Underwriting Standards Summary that provides underwriting standards and guidelines for developers completing the CHFA-DOH Consolidated Application has been revised. The new document may be found in the CHFA-DOH Consolidated Application and on CHFA’s website.
State Housing News for the Week of October 27
Collection of State Housing Finance Agency from across the nation for the week of October 27.
The CHFA Board Approved the 2014 Connecticut QAP
The CHFA Board approved the 2014 Connecticut QAP. Applications are due on November 3, 2014. A workshop will be held on September 30 to discuss the 2014 funding process.
State News Week of September 15, 2014: IRS LIHTC Carryovers and More!
The Internal Revenue Service (IRS) published that $2.59 million of unused LIHTCs carryovers for calendar year 2014 will be allocated to 35 qualified states and Puerto Rico.
CHFA Board Approved the 2014 Connecticut QAP
The CHFA Board approved the 2014 Connecticut QAP. Applications are due on November 3, 2014. A workshop will be held on September 30 to discuss the 2014 funding process.
A Public Hearing Will Be Held at the CHFA Offices
A Public Hearing will be held at the CHFA Offices at Wednesday, August 27, 2014 to discuss the proposed amendments to the Draft 2014 QAP.
A Public Hearing Will Be Held at the CHFA Offices
A Public Hearing will be held at the CHFA Offices at Wednesday, August 27, 2014 to discuss the proposed amendments to the Draft 2014 QAP.
The CHFA Board Approved the 2014 Connecticut QAP
The CHFA Board approved the 2014 Connecticut QAP, pending further amendments. Currently, CHFA is requesting comments on the proposed amendments, which are due on August 8. Additionally, CHFA released the Schedule of Competitive Multifamily Funding Rounds. Currently, the deadline to apply for 9% LIHTCs is November 3, 2014.
State News Week of July 14: Pennsylvania Senate Considers Expanding Affordable Housing Funds
State Senator Elder A. Vogel Jr. (R-47th District) and a bipartisan group of Pennsylvania State Senators sponsored a bill to expand the Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund, commonly known as the State Housing Trust Fund….
The CHFA Board Approved the 2014 Connecticut QAP
The CHFA Board approved the 2014 Connecticut QAP, pending further amendments. Currently, CHFA is requesting comments on the proposed amendments, which are due on August 8. Additionally, CHFA released the Schedule of Competitive Multifamily Funding Rounds. Currently, the deadline to apply for 9% LIHTCs is November 3, 2014.
IRS Sets State Credit Ceilings for 2014
The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.