Virginia

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

VHDA will host a 2015 QAP Focus Group on September 3 prior to before the Virginia Housing Coalition’s Tax Credit Conference.

VHDA will host a 2015 QAP Forum on Thursday, July 17 at the Virginia Housing Center in Glen Allen, and remotely at their southwest location in Wytheville. 

VHDA will host a 2015 QAP Forum on Thursday, July 17 at the Virginia Housing Center in Glen Allen, and remotely at their southwest location in Wytheville. 

Ohio Housing Finance Agency Releases the Health Impact Assessment The Ohio Housing Finance Agency (OHFA) released the Health Impact Assessment, a report that examines the health implications of a proposed government policy to align affordable housing inspections.

QAP and Funding Deadlines

Virginia Housing Development Authority released the 2014 Reservation Application Summary. The summary is available on their website.

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.

On October 2, 2013, The Virginia Housing Finance Authority (VHDA) Board of Commissioners Approved revisions to the 2014 Qualified Allocation Plan. The application deadline is January 29, 2014 and application materials will be available in mid-December.

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.

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 Virginia Housing Development Authority (VHDA) released an update for potential applicants regarding reservation applications to the Low Income Housing Tax Credit (LIHTC) program.

The Virginia Housing Development Authority has made corrections to its 2013 Low-Income Housing Tax Credit (LIHTC) Reservation Application and updated its Rural Development Priority list.