Tennessee

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

THDA has posted its 2017 Final Application on its website and has noted several changes in the 2017 Application that developers should be aware of.

The Multifamily Programs Division is preparing further instructions which will address concerns related to these changes.

In an effort to assist displaced households of the Tennessee Wildfires as described in FEMA DR-4293, the Internal Revenue Service has suspended income qualification and transiency requirements for vacant units at Low-Income Housing Tax Credit (LIHTC) properties.

The Housing Credit Management System is now open for the acceptance of 2017 Initial Applications for 9% Competitive Housing Credits.

The Tennessee Housing Development Agency’s Multifamily Development Division held its 2016 Workshop on November 17 and provided several updates.

For professionals from every facet of the housing industry. Read on for registration information.

The Tennessee Housing Development Agency has recently named Ed Yandell interim head of THDA’s Multifamily division.

A recent memo from the agency states that a public housing authority can include non-RAD units in an application for a RAD set aside. A recent memo from the agency states that a public housing authority can include non-RAD units in an application for a RAD set aside. THDA does not specify how many RAD units an application must contain in order to qualify for the set aside. However, THDA is wary of PHA’s and their partners “taking advantage of the set aside by including too few RAD units.”

Tennessee Housing Development Agency posted the 2016 LIHTC 9% Phase 2 paper application.

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

THDA posted the most recent report of Multifamily Tax Exempt Bond Activity, which reveals a significant expansion of the program.

The Tennessee Housing Development Agency released the 2016 Draft LIHTC Allocation Plan and 2016 Draft LIHTC Qualified Allocation Plan Part XIII: Program Compliance. A public hearing regarding the Draft 2016 QAP will be held on Wednesday,September 2, 2015. Additional information about the meeting may be found at here.