LIHTC

NH&RA News

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.

Minnesota

Minnesota Proposes Revisions to 2010 Tax Credit Program, QAP

Minnesota Housing has issued a notice outlining proposed revisions to its qualified allocation plan (QAP) and procedural manual for its 2010 low-income housing tax credit program.

California

California Publishes 2009 Joint Market Study Guidelines

The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (DLAC) have published joint market study guidelines for their 2009 low-income housing tax credit and tax-exempt bond allocation programs.

California

California Reschedules Application Workshops

The California Tax Credit Allocation Committee (TCAC) has rescheduled its application workshops for its 2009 low-income housing tax credit program in order to draft changes to modify its qualified allocation plan in responses to provisions of the American Recovery and Reinvestment Act.

NH&RA News

District of Columbia Issues 2009 QAP

The District of Columbia Department of Housing and Community Development has released its new qualified allocation plan (QAP) for its low-income housing tax credit program.

Oregon

Oregon Bill Would Increase Cap on State Housing Tax Credit

A bill (SB 199) has been introduced in the Oregon state legislature that would increase by $4 million the cap on the amount of Oregon Affordable Housing Tax Credits that may be outstanding in any fiscal year, from $17 million to $21 million.

California

California Postpones 2009 LIHTC First-Round Application Deadline

The California Tax Credit Allocation Committee (CTCAC) has postponed from April 6 its first-round application deadline for its low-income housing tax credit program, as well as associated application workshops.

Illinois

Illinois Soliciting Applications for LIHTCs for Disaster Counties

The Illinois Housing Development Authority is soliciting applications for roughly $9.7 million in low-income housing tax credits for projects available only for projects in 18 designated disaster counties within the state. Applications must be submitted on April 6.

Ohio

Ohio Issue Draft 2009 Guidelines for Loan Program

The Ohio Housing Finance Agency (OHFA) has released draft guidelines for 2009 for its Housing Development Loan Program.

Ohio

Ohio Agency Amends Gap Financing Guidelines for LIHTC Projects

The Ohio Housing Finance Agency has announced newly approved amendments to the gap financing guidelines under its Housing Development Assistance Program (HDAP).

Pennsylvania

Pennsylvania Issues Statement on Adjustments, Waivers to 2009 QAP

The Pennsylvania Housing Finance Agency (PHFA) is taking steps to assist in providing maximum flexibility and responsiveness to developers seeking 2009 low-income housing tax credits.

South Carolina

South Carolina Issues LIHTC Bulletin; Raises Cap for Amount of LIHTC Owner Can Receive Across Multiple Projects

The South Carolina State Housing Finance & Development Authority has issued a Low Income Housing Tax Credit Program Bulletin to updates its 2009 LIHTC Manual.

congress-capitol

TCA October 2008 Issue Theme: Historic Rehabilitation

Tax Credit Advisor
October 2008
Issue Theme: Historic Rehabilitation

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