LIHTC

Wisconsin

WHEDA Releases 2010 Income & Rent Limits

The Wisconsin Housing & Economic Development Authority has released its 2010 Section 42 MTSP and HERA Special income and rents limits.

Ohio

Ohio Releases Instructions for Submitting 2011 Tax Credit Application

The Ohio Housing Finance Agency has released instructions for submitting an application for tax credits through its 2011 Qualified Allocation Plan (QAP).

Illinois

Illinois Solicits Feedback on 2010 QAP

The Illinois Housing Development Authority (the Authority) is soliciting feedback from the development community on all aspects of the 2010 Qualified Allocation Plan (QAP) and Low Income Housing Tax Credit (LIHTC) application process.

Idaho

Idaho Releases Amended 2010 Draft QAP

The Idaho Housing and Finance Association recently released an amended version of its draft 2010 Qualified Allocation Plan (QAP).

California

California Updates Tax Credit & Bond Applications

The California Tax Credit Allocation Committee has updated its 2010 9% Competitive Tax Credit Application and 2010 4% Competitive Tax-Exempt Bond Application Combining Federal and State Tax Credits.

Ohio

Ohio Schedules QAP Training July 12 and 26

The Ohio Housing Finance Agency (OHFA) will be conducting training on the 2011 Qualified Allocation Plan (QAP).

congress-capitol

New Legislation Proposes 1602/Exchange Extension & Expansion For 4% Transactions; 5-Year Carryback

U.S. Senator Maria Cantwell (D-Wash.) recently introduced legislation (S. 3326, bill text not available at press time) that would extend for one-year the Section 1602 low-income housing tax credit (LIHTC) cash grant exchange program and expand the program to include 4 percent LITHCs. The “Job Creation and Affordable Housing Act” would also allow a 5-year carryback of the LIHTC.

congress-capitol

House Passes Extenders Legislation; Awaits Further Senate Consideration

Today (Friday, May 28) the U.S. House of Representatives passed H.R. 4213, the American Jobs and Closing Tax Loopholes Act (Tax Extenders Legislation). The legislation contains several provisions of note for affordable housing and tax credit developers…

congress-capitol

NH&RA Releases 2010 Spring Policy Forum CD-ROM

NH&RA is pleased to offer a CD-ROM containing digital audio recordings of select panel sessions from the Spring Forum.

Minnesota

Minnesota Names Assistant Commissioner For Multifamily Business

Minnesota Housing announces the appointment of Marcia Kolb as Assistant Commissioner for Multifamily Business.

congress-capitol

House Committee Releases Additional Documents Related to Extenders Bill

The U.S. House Ways and Means Committee last week released additional documents related to the American Jobs and Closing Tax Loopholes Act (H.R. 4213), better known as the tax extenders bill.

Louisiana

Louisiana Releases FAQs for Market Analyst RFP

The Louisiana Housing Finance Agency (LHFA) has released a notice of ten frequently asked questions relating to LHFA’s 2010 RFP for market analysts.

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