Indiana

U.S. Representative Bruce Braley (D-IA) last week introduced the Rebuilding Communities Act (H.R. 2901), which would extend a provision enacted in 2008 that increased the historic tax credit to 26 percent and the rehabilitation tax credit to 13 percent in Midwestern communities affected by natural disasters.

The final version of the 2012-2013 Qualified Allocation Plan (QAP) has been released by the Indiana Housing & Community Development Authority (IHCDA).

The Internal Revenue Service (IRS) recently issued two separate notices that grant certain low-income housing tax credit (LIHTC) properties relief from specified Section 42 requirements in the wake devastation caused by flooding in North Dakota and Indiana.

Indiana Housing and Community Development Authority is seeking comments on its draft 2012-2013 Qualified Allocation Plan (QAP).

The Indiana Housing & Development Authority has released its 2011 QAP and has scheduled a QAP Forum in Indianapolis on September 16.

The Indiana Housing & Community Development Authority has released its 2011 qualified allocation plan.

The Indiana Housing & Community Development Authority has announced that it will host an open roundtable discussion on Wednesday, May 12 to solicit comments, ideas, or views from the public related to the up-coming 2011 QAP.

The Indiana Housing & Community Development Authority has published a memo announcing two revisions to the 2009-2010 QAP Threshold criteria and additional guidance to help prepare the 2010A-C application.

NH&RA announced today that a rare assemblage of five state allocators from adjoining Midwestern states will be a highlight of the Annual Meeting of the National Council of Affordable Housing Market Analysts (NCAHMA) at Chicago’s Doubletree Hotel on November 9 and 10.

Indiana has published two new Multi-Family Department Notices that address DUNS # Guide (ARRA Recipients) (MFD Notice 09-27) and November Multi-Family Listening Sessions (MFD Notice 09-28:).

Senator Evan Bayh (D-Ind.) has proposed legislation that would make $230 million in funding immediately available to begin work on shovel-ready affordable housing developments in flood-ravaged areas of Indiana. The legislation would clarifiy that disaster housing credits in Indiana, Alabama, Arkansas, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Minnesota, Nebraska, Texas and Wisconsin would be eligible for the Tax Credit Exchange Program.

The U.S. Department of the Treasury recently announced its second round of funding through the low-income housing tax credit exchange program, provided by the American Recovery and Reinvestment Act (ARRA) of 2009.