North Carolina

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

QAP North Carolina

NCHFA Is Accepting Comments on the 2015 North Carolina QAP

NCHFA is accepting comments on the 2015 North Carolina Qualified Allocation Plan. Please submit comments by Friday, August 22nd to be considered before the first draft is released. You may email comments to rentalhelp@nchfa.com.

QAP North Carolina

NCHFA Received 152 Preliminary Applications for the 2014 Housing Credit Cycle

North Carolina Housing Finance Agency received 152 preliminary applications in 56 counties for the 2014 housing credit cycle. The list of the 2014 preliminary applications is available on their website.

North Carolina

UPDATE: North Carolina 2014 QAP: Final QAP Available

North Carolina has released the final 2014 Qualified Allocation Plan (QAP). The preliminary application for 2014 Housing Credits is also now available and the application (electronic and hard copy) is due by noon on January 24, 2014.

Alabama

IRS Sets State Credit Ceilings for 2014

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 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 2014.

Alabama

IRS Announces 2013 Carryover Allocations Totaling $2.46 Million

The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013.

North Carolina

North Carolina Releases Final 2013 QAP & Preliminary Application

The North Carolina Housing Finance Agency has published the final version of its 2013 Qualified Allocation Plan (QAP) for the allocation of federal Low-Income Housing Tax Credits (LIHTCs).

North Carolina

North Carolina Releases Second Draft of 2013 QAP

The North Carolina Housing Finance Agency has released a second draft of its 2013 Qualified Allocation Plan. The draft includes several changes from the first draft of the QAP.

Alabama

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.

Alabama

IRS Publishes Unused Housing Credit Carryover Amounts

The Internal Revenue Service (IRS) recently published Revenue Procedure 2012-42, which indicates the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers for 2012. These carryovers, which amounts to nearly $2.43 million in unused credits, have been allocated to 34 states.

North Carolina

North Carolina Releases First Draft of 2013 QAP

The North Carolina Housing Finance Agency has released the first draft of its 2013 Qualified Allocation Plan along with a memo of major revisions.

Connecticut

Legislation Introduced to Increase LIHTCs to Storm Victims

Representative Chris Gibson (R-NY) recently introduced the Irene and Lee Tax Relief Strom Recovery Act, H.R. 3769, which would increase the amount of Low-Income Housing Tax Credits (LIHTCs) to be allocated in states damaged by Hurricane Irene or Tropical Storm Lee in 2011.

North Carolina

North Carolina Releases Final 2012 QAP

The North Carolina Housing Finance Agency (NCHFA) has released the final Qualified Allocation Plan (QAP) for the distribution of Housing Tax Credits along with updated market study guidelines and the preliminary application.

[Page 7 of 9 ]