Jessica Hoefer Author Archives

HUD

HUD Releases 2023 Operating Cost Adjustment Factors

HUD released the 2023 operating cost adjustment factors (OCAFs) for project-based rental assistance with an anniversary date on or after Feb. 11, 2023.

QAP Iowa

Comments on Iowa’s HOME-ARP Due Dec. 8

The Iowa Finance Authority (IFA) received a one-time allocation of $29.4 million for the HOME-ARP program through the American Rescue Plan (ARP).

Member News

WinnCompanies Acquires 76 Affordable Housing Units in Passaic, NJ

WinnCompanies announced its acquisition of Chestnut Homes, a 76-unit affordable housing community within walking distance of downtown Passaic, NJ.

USDA Rural Development

Rural Development Multifamily Housing Temporary Exception to Tenant Recertification Requirements

Rural Development posted a letter entitled, Multifamily Housing Temporary Exception to Tenant Recertification Requirements.

QAP Iowa

Iowa Releases 2023 Appendix O Market Study Guidelines, Requires NCHMA Membership

The Iowa Finance Authority (IFA) will not commission market studies for the 2023 nine percent LIHTC Round. Applications are due April 19, 2023, and Market Studies must be submitted with the application.

Member News

Dominium Partners with Jefferson Center for New Supportive Housing Community

Dominium announced the closing of the financing for Solid Ground Supportive Housing Community in partnership with the Jefferson Center for Mental Health, a nonprofit, which has been serving at-risk community members in the Denver area for six decades.

General News

CDFI Fund Opens CY 2022 New Markets Tax Credit Application; Hosts Application Webinar Dec. 1

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2022 round of the New Markets Tax Credit (NMTC) Program.

QAP Kentucky

Kentucky Increases TEB Issuer Fee

Kentucky Housing Corporation increased the Issuer’s Counsel fee listed in the 2023-2024 Multifamily Guidelines to $0.75/$1,000 of bonds, with a minimum fee of $15,000 and a maximum fee of $25,000.

Member News

Hunt Capital Partners Provides $13.6M in LIHTC Financing for 140-Unit Senior Development in Texas

In partnership with Sycamore Strategies and Stuart Shaw Family Development, Hunt Capital Partners announced the closing of $13.6 million in Federal LIHTC equity for the construction of Mariposa Apartment Homes at Scott & White Boulevard (Mariposa Scott & White).

General News

CDFI Fund Hosts CMF Pre-Application Webinar – Dec. 5

The Community Development Financial Institutions (CDFI) Fund is hosting a Capital Magnet Fund pre-application webinar on December 5.

QAP Kentucky

KentuckyHOME-ARP NCS NOFA Intent to Apply Due Nov. 30

Nov. 30, 2022, is the deadline to send an intent to apply email to [email protected] for funding awarded by the HOME- ARP Non-Congregate Shelter (NCS) Acquisition and Construction Notice of Funding Availability (NOFA).

General News

JCHS: Service Coordinators Improved Resident Resilience During the Pandemic

During the COVID-19 pandemic, service coordinators increased the capacity of a large and diffuse inter-organizational network to support lower-income older adults.

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