LIHTC
FHA Launches LIHTC Pilot Program
The Federal Housing Administration (FHA) has announced it is planning to launch the first phase of its Multifamily Low-Income Housing Tax Credit Pilot program, which will test an accelerated approval process for the purchase or refinancing of LIHTC properties.
President Obama Releases 2013 Budget Proposal
The Obama Administration released its FY 2013 budget on February 13, 2012, proposing spending levels for federal departments, agencies, and programs for the fiscal year that begins October 1, 2012. Click here for background on the federal budget process.
Washington Releases FY 2013 Workshop Schedule
The Washington State Housing Finance Commission (WSHFC) has released the state’s FY 2013 workshop schedule which includes tax credit compliance courses for advanced and beginner participants and a bond compliance course.
Ohio Updates Utility Allowance Policies and Procedures
The Ohio Housing Finance Agency (OHFA) has released a revised Utility Allowance Policies and Procedures document to include an energy consumption model.
Arizona Issues Reminder to 2012 LIHTC Applicants Re: Document Submittal
The Arizona Department of Housing (ADOH) has issued a reminder to 2012 LIHTC applicants that certain materials must be submitted no later than May 1, 2012 at 4:00 pm.
Texas Releases Documents Related to 2012 LIHTC Funding Round
The Texas Department of Housing and Community Affairs (TDHCA) has posted the following documents related to the 2012 Competitive Housing Tax Credit Program funding round.
HUD Publishes 2013 QCTs
HUD today published a Notice in the Federal Register designating the Qualified Census Tracts (QCTs) for the LIHTC program.
CHFA Announces New Executive Director
The Connecticut Housing Finance Authority (CHFA) recently announced Eric Chatman to succeed Susan Whetstome as President and Executive Director of the agency, effective May 21.
Alaska Requests Comments on LIHTC Qualified Contract Process
The Alaska Housing Finance Corporation (AHFC) is soliciting comments for proposed Qualified Contract process applicable to Low-Income Housing Tax Credit (LIHTC) property owners who have not waived their right to resale for their LIHTC properties.
CTCAC Schedules Geographic Apportionment Forums
The California Tax Credit Allocation Committee (TCAC) has announced that it will hold forums throughout the state to discuss its proposal to update the underlying data and corresponding percentages of the competitive nine percent geographic apportionments, effective in 2013.
NCAHMA Spring Forum Power Point Presentations Now Available
NH&RA / NCAHMA is pleased to offer the Power Point Presentations from our recent FHA MAP Market Study & Underwriting Symposium and Affordable Housing Underwriting & Policy Forum, which was held March 28-30 in Washington, DC.
California Releases Guidance on Green Building
The California Tax Credit Allocation Committee (CTCAC) has made available detailed guidance for sustainable building method software, submission, documentation, and qualification requirements.