LIHTC

The Alabama Housing Finance Authority will hold a 2011 LIHTC and HOME application workshop on February 14 in Montgomery, AL.

The U.S. Senate today passed the $858 billion legislative tax package by a 81 to 19 vote. Senate Majority Leader Harry Reid (D-Nev.) this week introduced the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, a bill to extend the “Bush Tax Cuts,” as well as a number of tax credit programs that were modified by the American Recovery and Reinvestment Act (ARRA).

NH&RA’s Council for Energy Friendly Affordable Housing recently authored a new white paper suggesting way to improve how utility allowances are calculated for energy efficient LIHTC and HUD-assisted multifamily housing.

The California Tax Credit Allocation Committee (CTCAC) will be providing 2011 LIHTC application training workshops in four locations in the State to provide instructions for submitting competitive and eligible applications.

The California Tax Credit Allocation Committee (CTCAC) recently released substantive regulation changes for 2011. In addition, CTCAC has released original proposed changes with comments and responses.

The Mississippi Home Corporation has published a list of final, approved revisions to the 2011 Qualified Allocation Plan for its low-income housing tax credit program.

Oregon Housing and Community Services Director Victor Merced recently issued a letter to its program partners that explores establishing a standards affordability period across OHCS programs.

The Vermont Housing Finance Agency recently released a memo that outlines proposed changes to the state’s 2010-2011 Qualified Allocation Plan for the low-income housing tax credit program.

California’s Tax Credit Allocation Committee has scheduled a series of eight low-income housing tax credit compliance workshops for affordable housing owners and management companies.

The Arizona Department of Housing has scheduled an all day LIHTC Application & Compliance workshop on January 20 in Phoenix, AZ.

Wisconsin Governor Scott Walker recently named the members of his cabinet, including Wyman Wynston as the new Executive Director of WHEDA, the state housing finance agency.

The Nevada Division of Housing recently issued a notice to multifamily housing developers that identifies one clarification and one change to the 2011 Qualified Allocation Plan for Low-Income Housing Tax Credits, adopted on December 7, 2010.