Coming Soon: FHA Aiming to Launch Tax Credit Pilot This Summer

By Caitlin Jones
April 11, 2011 1 min read

Tax Credit Advisor, April 2011: The U.S. Department of Housing and Urban Development will probably launch its pilot program for processing FHA multifamily mortgage insurance applications for low-income housing tax credit projects this summer. It may also release its updated Ã’MAPÃ“ underwriting guide and revised multifamily loan documents around the same time, according to HUD official Christopher Tawa.

These pieces are part of a broader HUD effort to modernize the Federal Housing Administration’s multifamily mortgage insurance programs to improve efficiencies, reduce application processing times, and make the programs more user-friendly for LIHTC projects.

Taxpayer Donations Bolster Affordable Housing

Minnesota State Housing Tax Credit Program and Contribution Fund

Pamela Martineau • April 1, 2024 8 min read

Minnesotans hoping to bolster the state’s affordable housing stock may donate to affordable housing projects, requesting to have their donation allocated to a specific project or a general affordable housing fund and receive a tax credit of 85 percent of their donation through a new state program.

New Program Facilitates Land Purchasing for Affordable Housing

Colorado’s Land Banking Program

Nushin Huq • April 1, 2024 9 min read

A new land banking program in Colorado aims to help developers purchase land for affordable housing, solving the unique problem of not having tax credits to purchase land, as well as creating access to development in rural areas.

Breaking Ground

Will Eckstein, Senior Vice President, Harmony Housing Affordable Development

Darryl Hicks • April 1, 2024 8 min read

For much of the past 14 years, Will Eckstein has led the team responsible for securing new affordable housing development opportunities at Greystone Affordable Development,. Tax Credit Advisor sat down with Eckstein to learn more about HHAD and his priorities for the balance of 2024.