LIHTC
House Ways and Means Committee Holds Hearing on Residential Real Estate Tax Provisions
The House Ways & Means Committee recently held a hearing on federal tax provisions that affect residential real estate, including the low-income housing tax credit (LIHTC).
CTCAC Releases CUAC FAQ
The California Tax Credit Allocation Committee CTCAC has released a Frequently Asked Questions (FAQ) document for California Utility Allowance Calculator (CUAC) submissions to the agency.
Minnesota Housing Issues Housing Tax Credit RFP
Minnesota recently released the RFPs including the application, materials, and instructions for the consolidated 2013 Multifamily and the 2014 Housing Tax Credit allocation rounds.
Committee on Taxation Releases Report on Real Estate Tax Incentives
The staff of the Joint Committee on Taxation has released a report summarizing the various tax code breaks and incentives for residential real estate in advance of the upcoming House of Representatives Committee on Ways and Means public hearing entitled “Tax Reform and Residential Real Estate,” which is scheduled for Thursday, April 25, 2013 at 9:30 am.
Missouri Announces 2014 QAP Conference Call
The Missouri Housing Development Commission has announced that they will be hosting a conference call for all interested parties to discuss plans for changes to the Missouri Qualified Allocation Plan.
Ohio Releases Drafts of 2013 Gap Financing and Capital Improvement Program Guidelines
The Ohio Housing Finance Agency (OHFA) has released a Housing Credit Gap Financing (HCGF) Guidelines draft.
Maryland Releases Second QAP Draft
The Maryland Department of Housing and Community Development has released their second draft of the proposed 2013 Qualified Allocation Plan (QAP).
Kentucky Releases Finalized QAP and Score Sheet
The Kentucky Housing Corporation has released the final 2014 Qualified Allocation Plan and draft scoring criteria.
WHEDA Announces Informational Sessions for the New LIHTC HIPR Program
The Wisconsin Housing and Economic Development Authority (WHEDA) has announced that it will be hosting two informational sessions about the policy goals, application guidelines, and selection process for their new LIHTC & High Impact Project Reserve (HIPR) program.
New Jersey LIHTC Application Due Dates
The New Jersey Housing and Mortgage Finance Agency has announced the deadline to submit applications for the 9% Tax Credit round.
U.S. Reps Urge Support of Previously Introduced Sandy Supplemental Relief Measure
Senators Charles Schumer (D-NY) and Robert Menendez (D-NJ) recently announced they are set to introduce the Hurricane Sandy and National Disaster Tax Relief Act of 2012. In addition, the Obama Administration recently sent a $60.4 billion supplemental spending request to Congress that details means for responding to Hurricane Sandy.
NH&RA Updates Advocacy Resources Archive
The NH&RA Advocacy Archive was created to provide a one-stop-shop for NH&RA members who are interested in advocating to elected officials to support key affordable housing and tax credit programs. We have collected a variety of documents, reports, templates and best practices that should be helpful in this effort. Please note this is a work in progress–check back often as we add additional resources.