Connecticut
Connecticut Offers $10 Million in State LIHTC
The Connecticut Housing Finance Authority (CHFA) anticipates making available $10 million in state tax credits to nonprofit applicants that will create housing opportunities in the following classifications…
Connecticut Unveils Opportunity Map
The Connecticut Housing Finance Authority (CHFA) and the Department of Housing (DOH) announced that a new Connecticut Opportunity Map has been developed for use in future financing opportunities offered by CHFA and DOH.
Connecticut 2021 LIHTC Applications
Connecticut Housing Finance Authority is currently working on changes to the Consolidated Application and the LIHTC Program Guidelines to clarify and streamline the application process. Applications are tentatively likely to be due within a May-June timeframe, with awards to be announced by September or October. Please contact Michelle Onofrio with any questions at [email protected].
Connecticut Holds QAP Public Input Period through December 23
The Connecticut Housing Finance Authority (CHFA) holding a hold a public input period to receive data, views and comments with respect to its LIHTC Program, QAP and current priorities and policy goals from November 23, 2020 through December 23, 2020. All interested persons are encouraged to submit written comments to Terry Nash Giovannucci at [email protected], […]
Connecticut Landlord Application for Temporary Rental Housing Assistance Program
The Connecticut Department of Housing (DOH), with the assistance of the Connecticut Housing Finance Authority (CHFA), has launched Phase Two of the Temporary Rental Housing Assistance Program (TRHAP). To facilitate the process of applying for rental assistance, the TRHAP program now provides an option that allows landlords to access the TRHAP portal and apply on behalf of tenants who need rent relief due to a COVID-19 related hardship.
NCSHA Announces Newly Elected Board Officers and Directors
The National Council of State Housing Agencies held its Board of Directors election on October 26 during the association’s 2020 Annual Conference & Showcase. Nominated from among, and voted on by the executive directors of the member state housing finance agencies, NCSHA’s newly elected Board officers are:
Connecticut Posts 2020-2021 Nine Percent LIHTC FAQs
Connecticut Housing Finance Authority (CHFA) posted a list of Frequently Asked Questions relating to its upcoming nine percent LIHTC round. Applications for the nine percent LIHTC round are due by 4 p.m. ET on November 12, 2020.
Connecticut Extends 2021 Nine Percent LIHTC Deadline
The Connecticut Housing Finance Authority (CHFA) announced the deadline to apply for taxable bond construction-to-permanent or permanent-only financing for developments expecting to apply in the upcoming 2021 nine percent LIHTC Round has been extended to 4 p.m. ET on Friday, October 23, 2020.
Connecticut Updates 2020 Round Documents, Tax Credit Compliance Training Sept. 30
The Connecticut Housing Finance Authority (CHFA) updated several documents for its upcoming nine percent LIHTC round. Applications for the nine percent round are due no later than 4 p.m. ET on November 12, 2020. CHFA will hold a Tax Credit Compliance Monitoring Workshop from 9 – 10:30 a.m. ET on September 30.
Connecticut 2021 Nine Percent LIHTC Important Dates
The Connecticut Housing Finance Authority (CHFA) will hold a Virtual Over Session for its upcoming nine percent LIHTC round on September 16 at 10:00 am ET.
Connecticut Resumes HTCC Site Visits, MORs
The Connecticut Housing Finance Authority (CHFA) will resume Housing Tax Credit Contribution Program (HTCC) program quarterly site visits in August. HTCC visits occur quarterly once an awarded development reaches 25, 50, 75 and 100 percent completion in construction. CHFA will not perform onsite physical inspections until December 31, 2020 or until a time that a determination has been made that it is safe for staff, residents and owners to resume physical inspections.
In accordance with HUD guidance, CHFA will resume HUD Section 8 Management and Occupancy Reviews (MORs) on August 4, 2020. Your CHFA Asset Manager will contact you to schedule the MOR. Please contact your Asset Manager with any questions relating to MORs.
Connecticut Extends COVID-19 Financial Relief Available for Multifamily Borrowers through End of Year
The Connecticut Housing Finance Agency (CHFA) extended the COVID-19 multifamily financial relief period through December 31, 2020. Any mortgagor of a multifamily rental housing development in CHFA’s portfolio experiencing financial distress due to COVID-19, beyond the financial ability of the mortgagor to correct or mitigate, may contact CHFA to request its assistance. For more information, […]