Oklahoma

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 Oklahoma

OHFA Multi-Family Bond & 4% Tax Credit Workshop – Jan. 30

The Oklahoma Housing Finance Agency (OHFA) is hosting a Multi-Family Bond & 4% Tax Credit workshop on Jan. 30 from 3-4:30 pm, CST at its office (100 Northwest 63rd Street Will Rogers Conference Room Oklahoma City, OK 73116). The training is free, but seating is limited, and registration is required.

QAP Washington

IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States

The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.

Arkansas

UPDATE: HUD Multifamily Transformation Complete in Fort Worth and Kansas City

On November 5, 2014, HUD’s Office of Multifamily Housing and the Office of Field Policy and Management hosted an official kick-off event to celebrate the new Multifamily Southwest Region.

Oklahoma

One Step Closer to Creation of Oklahoma State LIHTC

The Oklahoma Affordable Housing Act (H.B. 3099) recently passed the Oklahoma State House of Representatives by a margin of 75-13, and has now moved to the Senate Finance Committee for consideration….

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.

Oklahoma

UPDATE: IRS Extends Suspension of LIHTC Requirements for Those Affected by Oklahoma Tornadoes

The Internal Revenue Service (IRS) recently issued Notice 2013-40 and 2013-39 to suspend certain low-income housing tax credit (LIHTC) and tax exempt facility bond rules in order to allow owners of low-income housing to provide temporary shelter to non-low-income victims of the May 2013 Oklahoma tornadoes.

Connecticut

NH&RA Awards Ten Buildings for Excellence in Historic Rehabilitation

The National Housing & Rehabilitation Association, in association with the National Trust Community Investment Corporation, honored developers, architects and historic preservation professionals that brought new life to ten historic buildings through its awarding of the 2012 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation.

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.

Connecticut

NH&RA Announces 5 Winners & 10 Finalists for 2012 Historic Rehabilitation Awards

The National Housing & Rehabilitation Association (NH&RA) has announced five winners and ten finalists across ten competitive categories for this year’s J. Timothy Anderson Awards for Excellence in Historic Rehabilitation. The “Timmy Awards” will be presented at an awards luncheon and ceremony on Tuesday, October 30 at the Langham Hotel in Boston, Massachusetts, held in conjunction with the association’s Annual Fall Developers Forum. The winners and finalists represent fourteen different communities in ten states””Connecticut, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, Oklahoma, Pennsylvania, Tennessee, Virginia””as well as the District of Columbia.

Alabama

Senators Introduce LIHTC Legislation for Disaster Areas

On June 15 Senators Richard Shelby (R-Ala.) has introduced legislation to provide relief to states that suffered damage by the series of tornadoes and flooding that have struck the south east.

Oklahoma

Oklahoma Releases Proposed Draft of 2012 Tax Credit Rules

The Oklahoma Housing Finance Agency has released a draft version of its proposed 2012 affordable housing tax credit program rules.

Oklahoma

Oklahoma Suspends Historic Tax Credit for Two Years

Oklahoma Governor Brad Henry recently signed into law a bill that suspends over two dozen tax credit programs and defers payments for credits related to historic rehabilitation for two years.

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