LIHTC

On December 9, 2013, the Joint Center for Housing Studies of Harvard University (JCHS) released a new report on U.S. renters and rental housing characteristics, conditions, and trends during an event at the Newseum in Washington, D.C. The report, America’s Rental Housing: Evolving Markets and Trends, describes how the 2008 recession has impacted rental housing trends. Currently, there are 43 million rental households, representing 35% of Americans — the highest rate in more than a decade. Additionally, a disproportionate amount of lower-income families and individuals living in rental housing pay an excessive share of their income towards rent. Because of the vast changes in housing, many consider America to be experiencing the worst crisis today in renter affordability.

On Wednesday February 26, House Ways & Means Committee Chairman Dave Camp (R-Mich.) released his long-awaited draft Tax Reform Act of 2014. The draft legislation contains many significant provisions relating to the Low-Income Housing Tax Credit and would also repeal the Historic Rehabilitation Tax Credit and various renewable energy credits.

Click here to support renewing the State Low Income Housing Tax Credit program from Colorado Housing and Finance Authority.

Kentucky Housing Corporation announced a public hearing on Thursday, February 20, 2014 for the 2014 Consolidated Action Plan. Additionally, KHC announced the awards for funding for the 2013 application round competing for 2014 program resources.  KHC received 50 applications requesting over $30 million in Low Income Housing Tax Credits (Housing Credits), and was able to […]

West Virginia Housing Development Fund will host a Low-Income Housing Tax Credit Program 2014 Application Workshop on April 1 & 2, 2014 at the Charleston Marriott Town Center.

Last week, California Tax Credit Allocation Committee (TCAC) released the final proposed changes to the 2014 California Qualified Allocation Plan (QAP).

The Ohio Housing Finance Agency (OHFA) released the final draft 2014 Qualified Allocation Plan (QAP).

For over 20 years, The City of Chicago Department of Housing and Economic Development (HED) releases a five-year Qualified Allocation Plan (QAP) for Chicago and this year the 2014-2018 plan will be approved….

The Illinois Housing Development Agency (IHDA) released the 2014 Final Illinois QAP.

Colorado Housing Finance Agency (CHFA) released the 2014 Final QAP.

Massachusetts Department of Housing & Community Development (DHDC) released the 2014 Draft QAP.

Minnesota Housing is now accepting applications for Round 2 of the 2014 Housing Tax Credit Program…