HUD Announces First Round of TCAP Awards

U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).


Senator Bayh Introduces Disaster Housing Legislation

Senator Evan Bayh (D-Ind.) has proposed legislation that would make $230 million in funding immediately available to begin work on shovel-ready affordable housing developments in flood-ravaged areas of Indiana. The legislation would clarifiy that disaster housing credits in Indiana, Alabama, Arkansas, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Minnesota, Nebraska, Texas and Wisconsin would be eligible for the Tax Credit Exchange Program.


Nebraska Publishes TCAP Selection Criteria

The Nebraska Investment Finance Agency has made available the selection criteria for its Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.


States’ ARRA Resource Page

NH&RA will continue to update the ARRA resource page below as information is made available.

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