Iowa
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.
Iowa Authority Schedules Compliance Training
The Iowa Finance Authority (IFA) is offering a series of three housing tax credit program compliance seminars later this month. The training will cover significant changes to compliance requirements recently issued by the Department of Housing and Urban Development (HUD).
Iowa Governor Announces Key Housing Appointments, Repositions HOME Program
Governor Chet Culver recently announced Bret Mills as his choice for the new Director of Iowa’s Department of Economic Development (DED).
Comprehensive Market Analysis Report for Des Moines, Iowa
HUD’s Office of Policy Research and Development has published a comprehensive housing market analysis report for the Des Moines, Iowa area.
HUD Announces First Round of TCAP Awards
U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).
Senator Bayh Introduces Disaster Housing Legislation
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.
U.S. Treasury Announces More Exchange Funding
The U.S. Department of the Treasury recently announced the next wave of funding awards under the Low-Income Housing Tax Credit (LIHTC) Exchange Program, to spur the development of affordable housing units in five states.
Iowa Issues Guidance on TCAP
The Iowa Finance Authority has issued draft guidance for implementing its tax credit assistance program (TCAP), established by the American Recovery and Reinvestment Act.
States’ ARRA Resource Page
NH&RA will continue to update the ARRA resource page below as information is made available.
Iowa Approves Expansion of Historic Tax Credit
The Iowa State Senate has approved Senate File 481, which provides a major expansion of the state’s historic preservation tax credit program.