The New York State Division of Housing and Community Renewal (DHCR) has proposed changes to the Low-Income Housing Credit Program Qualified Allocation Plan, the regulation which set forth many of the parameters under which DHCR administers the federal tax credit program and selects projects for funding. Corresponding changes have also been proposed for the New York State Low-Income Housing Tax Credit Program Regulation. DHCR will hold a public hearing on November 2 at its offices in Albany, New York, Syracuse and Buffalo. Read More…