The Connecticut Housing Finance Authority (CHFA) is hosting an overview session from 9:30 – 11:00 am ET on December 5 for applicants to provide general information about the state Housing Tax Credit Contribution (HTCC) Program including revised guidelines, rating and ranking and compliance reporting. The session will be held at CHFA’s office (999 West Street Rocky Hill, CT). RSVP to Catherine.bitterman@chfa.org.
In accordance with Connecticut General Statutes Section 8-395, as amended, and in conjunction with the State Department of Revenue, CHFA is making available $10 million in state tax credits to non-profit applicants that plan to create housing opportunities in the following classifications:
- Workforce Housing ($1 million)
- Supportive Housing ($2 million)
- Other Housing Opportunities ($7 million)
HTCC funding is contingent on the approval of the state budget. A maximum of $500,000 may be awarded to each successful applicant.
Any applicant with prior CHFA funding MUST request approval to apply for the HTCC Program. Approval must be in place before submitting an application. Please use the HTCC Justification Form found here.
Applications for funding must be submitted electronically through the SharePoint website using the Consolidated Application no later than 4:00 pm ET on February 14, 2020. Please forward any questions to Seth St.Jean at seth.st.jean@chfa.org.
To request a SharePoint website for the HTCC round, please send an email to applicationrequest@chfa.org, per the instructions on the CHFA and DOH websites.
