Tennessee

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

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.

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 Tennessee Housing Development Agency announced Ralph Perrey as the new Executive Director in a press release on September 25, 2012. Perrey will leave his current position on THDA’s Board of Directors on October 16 in order to begin his term in this new position.

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.

The Tennessee Housing Development Agency (THDA) has released the State of Tennessee proposed 2012 Qualified Allocation Plan (QAP). THDA clarifies that the amount of tax credits available for allocation under the 2012 QAP is limited to those that were not previously made available in the 2011 allocation round as forward commitments.

In a special called meeting on August 16, 2011, the Tax Credit Committee of the Tennessee Housing Development Agency’s Board of Directors considered various issues with regard to the Low-Income Housing Tax Credit Program for 2011 and 2012.

The Tennessee Housing Development Council has released a list of preliminary changes proposed for the 2012 qualified allocation plan.

HUD’s Economic and Market Analysis Division has prepared three new Comprehensive Housing Market Analyses for the following markets

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.

HUD’s Economic and Market Analysis Division prepared a comprehensive housing market analysis of the Nashville-Davidson-Murfreesboro-Franklin, Tennessee housing market area.

Three state housing finance agencies recently adopted final versions of their 2011 Qualified Allocation Plans for administering the federal low-income housing tax credit program. 

The Tennessee Housing Development Authority (THDCA) has established a Special Tax Credit Committee under the THDA Board to examine the Low-Income Housing Tax Credit Program and make recommendations to the Board regarding the program and subsequent year qualified allocation plans (QAP).