Missouri Senate Approves Measure to Extend, Modify State NMTC

The Missouri State Senate recently passed S.B. 112, a measure which would make changes to the State’s new markets tax credit (NMTC) program.


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.


NH&RA Awards Ten Buildings for Excellence in Historic Rehabilitation

The National Housing & Rehabilitation Association, in association with the National Trust Community Investment Corporation, honored developers, architects and historic preservation professionals that brought new life to ten historic buildings through its awarding of the 2012 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation.


MO Senate Passes Bill to Revise State Historic Credit

The Missouri State Senate recently approved a measure (SB 120) to amend the state’s Historic Preservation Tax Credit (HPTC) program.


IRS Sets State Tax Credit Ceilings for 2013

The Internal Revenue Service (IRS) announced in Revenue Procedure 2012-41 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2013.


NH&RA Announces 5 Winners & 10 Finalists for 2012 Historic Rehabilitation Awards

The National Housing & Rehabilitation Association (NH&RA) has announced five winners and ten finalists across ten competitive categories for this year’s J. Timothy Anderson Awards for Excellence in Historic Rehabilitation. The “Timmy Awards” will be presented at an awards luncheon and ceremony on Tuesday, October 30 at the Langham Hotel in Boston, Massachusetts, held in conjunction with the association’s Annual Fall Developers Forum. The winners and finalists represent fourteen different communities in ten states””Connecticut, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, Oklahoma, Pennsylvania, Tennessee, Virginia””as well as the District of Columbia.


HUD Publishes New Comprehensive Housing Market Analysis Reports

HUD’s Economic and Market Analysis Division regularly publishes Comprehensive Housing Market Analysis reports for regions across the country.


Missouri Releases Draft 2013 QAP, Schedules Public Hearings

The Missouri Housing Development Commission (MHDC) has released a draft version of its 2013 Qualified Allocation Plan.


HUD Releases New “˜Best Practices’ Report

HUD’s Office of Policy Research & Development has published the newest report in its series of ‘Best Practices’ examples, based on federal, state and local strategies that increase affordable housing opportunities, apply sustainable features and practices, and increase access to public transportation.


Missouri Bill Would Modify Low-Income, Historic Tax Credits

Missouri State Senate Bill (SB 531) modifies the low-income housing tax credit program and the historic preservation tax credit program by requiring the Department of Revenue to apply any increase in revenue generated from capping these tax credit programs to a decrease in the personal income tax rate to begin on January 1, 2016.


IRS Issues Notice on Refunding Disaster Relief Bonds

The IRS issued Notice 2012-3 to provide guidance on current refunding issues for outstanding prior bond issues that qualify for tax-exempt bond financing under disaster relief bond programs including Gulf Opportunity Zone Bonds (GO Zone Bonds), qualified Midwestern disaster area bonds and Hurricane Ike disaster area bonds under the Heartland Disaster Act.


HUD Releases Market Analysis Report for Kansas City Market Area

HUD’s Department of Policy Research & Development has published a Comprehensive Housing Market Analysis for Kansas City, Missouri-Kansas. The report provides a summary of the changes in the economic, demographic, and housing inventory characteristics of each specific housing market area, as well as offer projections for a three-year forecast period.

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