North Carolina
NCHFA Has Released the Second Draft of the 2015 QAP
The North Carolina Housing Finance Agency has released the second draft of the 2015 Qualified Allocation Plan and the Second Draft Revisions Memo. Both are available on the Agency’s website. The Agency will continue to post second draft comments as they are received.
State News Week of September 29: California Governor Jerry Brown Vetoes NMTC and HTC Legislation
On September 29, California Governor Jerry Brown vetoed A.B. 1399, a bill to create a state new markets tax credit (NMTC), and A.B. 1999, to create a state historic rehabilitation tax credit (HTC).
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 [email protected].
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 [email protected].
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 [email protected].
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.
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.
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.
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 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 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.
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.