The first draft of the 2017 Qualified Allocation Plan and Major Revisions Memo are now available on the Agency website: 2017 QAP.
The North Carolina Housing Finance Agency announced that applicants for 2016 low-income housing tax credits are no longer eligible for the 15% Agency designated basis boost as a result of the Consolidated Appropriations Act of 2016.
The final 2016 Qualified Allocation Plan is now available on the North Carolina Housing Finance Agency website. The preliminary application for 2016 Housing Credits is also available, and is due by noon on January 22, 2016.
North Carolina Housing Finance Agency posted the final 2016 Qualified Allocation Plan.
North Carolina Housing Finance Agency released a second draft of the 2016 Qualified Allocation Plan, along with a memo to explain major revisions contained in the draft.
CohnReznick: North Carolina Governor Pat McCrory signed the state’s new two-year budget into law. The budget contains new historic preservation tax credits through January 1, 2020 for both income-producing and non-income producing historic structures.
The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.
The 2016 QAP Public Hearing will be held at NCHFA’s office on October 14th at 2pm.
The 2015 Housing Credit awards are now posted on the Agency website. Credits were awarded to 43 projects in 36 counties totaling 2,828 units. Six tax exempt bond projects totaling 862 units were also approved this cycle.
The North Carolina Housing Finance Agency is accepting comments on the 2016 Qualified Allocation Plan. Please submit comments by Friday, September 4th to be considered before release of the first draft. You may email comments to [email protected] or mail to NC Housing Finance Agency, Attn: Rental Investment, 3508 Bush Street, Raleigh, NC 27609.
The North Carolina Housing Finance Agency (NCHFA) announced that the Final 2015 QAP is now available on the Agency’s website. Applications are due by noon on January 23, 2015.
The North Carolina Housing Finance Agency (NCHFA) announced that the final 2015 QAP is now available on their web site.