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.

New Jersey

New Jersey Proposes Revised 2009 QAP

The New Jersey Housing and Mortgage Finance Agency has issued its draft 2009 qualified allocation plan (QAP) and market study guidelines for its low-income housing tax credit program.

Massachusetts

Massachusetts Schedules Public Hearing on Draft 2009 QAP

The Massachusetts Department of Housing and Community Development has announced it will hold a public hearing on proposed changes to its qualified allocation plan for its 2009 low-income housing tax credit program.

South Carolina

South Carolina Issues Tax Credit Program Updates

South Carolina State Housing Finance & Development Authority has issued a series of announcements with regards to its low-income housing tax credit program.

Virginia

Virginia Provides 2009 QAP, Supporting Documents

The Virginia Housing Development Authority has made available several supporting documents to go along with its 2009 qualified allocation plan (QAP) for the low-income housing tax credit program.

Ohio

Ohio’s Affordable Housing Program Application Now Available

A 2009 Affordable Housing Funding Application and supporting documents were recently made available by the Ohio Housing Finance Agency.

Arizona

Arizona Amends LIHTC Utility Allowance Regulations

The Arizona Department of Housing has released a notice that summarizes proposed changes to the July 2008 IRS ruling that amends utility allowance regulations for the low-income housing tax credit (LIHTC) program.

Louisiana

Louisiana Amends QAP, Schedules Hearing

The Louisiana Housing Finance Agency has scheduled a public hearing to receive comments on an amendment to its 2009 qualified allocation plan (QAP).

South Carolina

South Carolina Incorporates NCAHMA Terminology Into 2009 LIHTC Manual

The South Carolina State Housing Finance and Development Authority has incorporated the National Council of Affordable Housing Market Analysts Market into its 2009 QAP package.

Arkansas

Arkansas Issues Letter On LIHTC Allocations

The Arkansas Development Finance Authority has issued a letter that places priority on existing developments that previously received low-income housing tax credit allocations, but have not successfully closed or been placed-in-service because of the market conditions.

Alabama

Alabama Announces HOME/LIHTC Application Cycle

The Alabama Housing Finance Authority will accept applications for its 2009 HOME/Low-Income Housing Tax Credit programs the week of March 9-13.

New York

New York to Create LIHTC Upstate Equity Fund

The New York Division of Housing & Community Renewal (DHCR) in partnership with the New York State Association for Affordable Housing and other development community partners will be creating a new Upstate Equity Fund to encourage banks to invest in low-income housing tax credit projects within their communities.

Kentucky

Kentucky Schedules Public Hearing and Rental Developers’ Forum

The Kentucky Housing Corporation has scheduled a public hearing and developers’ forum for January 20 in Frankfort.

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