Minnesota Housing published guidance for the use of income averaging with Low Income Housing Tax Credit (LIHTC) properties. Eligible properties include new LIHTC applications beginning with Round 2 of Minnesota Housing’s 2019 LIHTC Program and previously selected LIHTC projects that have not yet filed Form 8609 with the IRS.
Minnesota Housing also plans to publish updated submission documentation materials. For more information, contact Summer Jefferson at 651-296-9790.
Ohio Housing Finance Agency Announces Board and Committee Meetings – Nov. 20, 2024
Minnesota Housing is now accepting pre-applications for an award of 2025 four percent Housing Tax Credits (HTC) for projects expected to be financed with tax-exempt volume limited bonding authority from Minnesota Management and Budget (MMB).
The 2025 draft of CHFA’s Transit-oriented Communities (TOC) Credit Allocation Plan is now available for review on CHFA’s website.
Oregon Housing and Community Services Announces Public Comment and Meeting Invitations for Proposed Rulemaking