The North Dakota Housing Finance Agency (NDHFA) has released a draft version of its 2013 Qualified Allocation Plan (QAP). The draft contains several proposed revisions
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.
The North Dakota Legislature recently set a $15 million maximum threshold to the North Dakota Housing Finance Agency’s (NDHFA) Housing Incentives Fund (HIF), which is capitalized by contributions from state income and financial institution taxpayers in order to develop affordable multifamily housing.
The North Dakota State Attorney General, Birch P. Burdick, issued an opinion letter regarding the usage of rent restrictions or tax credits in the valuation of LIHTC properties.
The North Dakota Housing Finance Agency has released the final version of its housing tax credit allocation plan for 2012, as well as the funding application.
The Internal Revenue Service (IRS) recently issued two separate notices that grant certain low-income housing tax credit (LIHTC) properties relief from specified Section 42 requirements in the wake devastation caused by flooding in North Dakota and Indiana.
The North Dakota Housing Finance Agency will host a Regional Housing Roundtable on May 19 in Devils Lake, ND.
The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP).
The U.S. Department of the Treasury today announced its latest wave of funding awards through the Section 1602 Tax Credit Exchange Program, provided by the American Recovery and Reinvestment Act of 2009.
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).
NH&RA will continue to update the ARRA resource page below as information is made available.