Jessica Hoefer Author Archives
Applications for Minnesota’s LIHTC Round Two Due Feb. 24
Minnesota Housing is now accepting applications for Round Two of the 2023 LIHTC Program. Currently, there is $81,180 in LIHTCs available. Pre-applications are due by noon CT on February 10 with final applications due by noon CT on February 24.
Hunt Capital Partners Provides $12.9 Million in LIHTC Financing for 76-Unit Texas Development
Hunt Capital Partners (HCP) announced the closing of $12.9 million in Federal LIHTC equity financing for the new construction of The Heights at MacArthur in Irving, TX.
California Launches Prohousing Incentive Pilot Program
The California Department of Housing and Community Development (HCD released the Prohousing Incentive Pilot Program (PIP) Final Guidelines, Notice of Funding Availability, and application.
Nebraska Hosts LIHTC, AHTC QAP Focus Groups
The Nebraska Investment Finance Authority will hold three Focus Group Meetings to gather comments in preparation of creating the 2024/2025 LIHTC and Nebraska Affordable Housing Tax Credit (AHTC) Allocation Package on…
Hunt Capital Partners Finances Historic Rehabilitation of Daugherty Furniture Building Into 39 Affordable Housing Units
Hunt Capital Partners (HCP) announced the closing of $9 million in Federal LIHTC equity and $1.4 million in Historic Tax Credit equity financing for the acquisition and historic adaptive reuse of the former Daugherty Furniture Building, a mixed-use, mid-rise building located in Clinton, TN.
California Releases Concept Proposal Application for Infill Infrastructure Grant Catalytic Program
The California Department of Housing and Community Development released the Concept Proposal Application for funding under the Infill Infrastructure Grant Catalytic Qualifying Infill Area (IIGC) program.
New Hampshire Hosts 2023 Action Plan Consultation Meeting – Jan. 18
New Hampshire will host a Consultation Meeting for input into the activities that will be federally funded for the state’s 2023 Action Plan at 2 p.m. ET on January 18.
Historical Redevelopment Bringing Homes and Retail to Greenfield, MA
The Community Builders (TCB), the City of Greenfield and MassDevelopment announced the acquisition and redevelopment of the former Wilson’s Department Store property, originally built in the center of Greenfield, MA in 1882.
Connecticut Updates 2023 LIHTC FAQs
The Connecticut Housing Finance Authority posted Frequently Asked Questions (FAQs) related to the 2023 LIHTC round received through December 21.
New Jersey Updates Maximum Attorney Services Fees
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) determined the annual increase in the overall Consumer Price Index for New York-Newark-Jersey City to be 6.2 percent.
Hunt Capital Partners Finances its 19th Affordable Housing Development in Hawai‘i
Hunt Capital Partners (HCP), in collaboration with Urban Housing Communities (UHC) and Ikaika ‘Ohana, announced the closing of $10 million in Federal LIHTC equity and $3.8 million in Hawai‘i state LIHTC equity financing for the new construction of the Villages of La‘i ‘Ōpua Phase II.
FY 2023 Funding Enacted
The Senate, by a vote of 68-29, and the House of Representatives, by a vote of 225-201, passed a full-year omnibus appropriations bill for Fiscal Year (FY) 2023.