The California Tax Credit Allocation Committee recently released its 2009 applications for 4% and 9% tax credit exchange and gap financing. 9% credit ceiling reservation holders may apply for full or partial exchange for cash in lieu of tax credits. Developers with an existing 4% tax-exempt bond reservation may apply for an exchange for cash in lieu of credits, or for gap financing based on equity factors in the original tax credit application. Application deadlines TBD. Read more…
Related Posts
Rural Development – Multifamily Housing Form RD 3560-8, Tenant Certification Update
The Rural Housing Service (RHS) Office of the Multifamily Housing announced an updated Form RD 3560-8 Tenant Certification for the July 1, 2025 implementation of the changes to income and asset calculations due to the Housing Opportunity Through Modernization Act (HOTMA).
Oregon Gov. Kotek Releases Recommended Budget, Includes Advised Funding for Housing Programs
Gov. Tina Kotek released the Governor’s Recommended Budget (GRB), detailing her vision to build on housing progress.
Oregon Housing & Community Services Releases Inaugural State of the State’s Housing Report
Oregon Housing and Community Services (OHCS) unveiled the first State of the State’s Housing Report for Oregon, providing an in-depth analysis of housing availability and affordability across the state.
Oregon Housing & Community Services to Add and Preserve More Than 400 Affordable Homes to Serve Seniors, Youth and BIPOC Communities
Oregon Housing & Community Services is funding the creation, preservation and rehabilitation of more than 400 affordable homes across the state. These homes will help fill the need for housing for Oregonians with low incomes, including seniors, youth, and Black, Indigenous, and People of Color (BIPOC) communities.