It has come to the attention of the Texas Department of Housing and Community Affairs’ (“TDHCA”) Asset Management Division that the 2017 Qualified Allocation Plan (“QAP”) lists a 10 Percent Test Documentation Delivery Date of June 30, 2018, (which falls on a Saturday) for 9% 2017 HTC Awards and that the 2017 9% HTC Carryover […]
The Multifamily Finance Division of the Texas Department of Housing and Community Affairs (“TDHCA”) will hold its fourth planning meeting for the 2019 Qualified Allocation Plan (“QAP”) and Uniform Multifamily Rules on Wednesday, May 23, 2018, from 2-5 p.m. Austin local time. This roundtable will be held at the Stephen F. Austin Building, Room 170, […]
At its May 16, 2018, meeting, the Ohio Housing Finance Agency (OHFA) Board announced the recipients of the 2018 Housing Tax Credit (HTC) program awards, used to fund the construction, acquisition and rehabilitation of affordable housing communities throughout Ohio. Over $28 million in 10-year federal housing tax credits were awarded to 37 developments to create […]
Please be reminded that preliminary applications for the 2019 LIHTC round are due no later June 1, 2018 and must be submitted via the Online Data Manager (ODM) system. A preliminary application is a prerequisite to applying for 9% LIHTCs. Final applications are due on August 24, 2018. Please be sure to review the Preliminary Application Review process, which summarizes the […]
DSHA will have its annual budget hearing before the General Assembly’s Joint Bond Bill Committee at 1:30 p.m. on Thursday, May 17. The hearing is open to the public, and public testimony will be accepted. The hearing will be held in the Joint Finance Committee Hearing Room at Legislative Hall,411 Legislative Avenue, Dover. Click Here […]
In his 5/2/18 column for National Mortgage News, “Vote to confirm Trump’s FHA commissioner has been delayed too long,” NH&RA President and CEO Peter Bell says that despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery’s nomination as Federal […]
This has been a remarkable few months in Washington. Our broken legislative process once again leaned us over the edge of the budget precipice.
The proposed legislation would amend the Public Housing program as well as Section 8 Rental Assistance programs (Tenant-Based Rental Assistance/Housing Choice Vouchers (including project-based vouchers) and Project-Based Rental Assistance.
The Fund represents the first launch and closing of a multi-investor, multi-property national fund post-tax reform for TCEG and speaks to the strength of investor confidence in RBCCM’s tax credit equity syndication platform in uncertain market conditions.
Wheatland Crossing Senior Apartments has been applauded for creating a new affordable senior housing option in The Hilltop neighborhood of Columbus, OH. Wheatland Crossing, developed late last year by The Woda Group, Inc., has also recently earned LEED Platinum certification, the highest certification awarded by the US Green Building Council.
Cinnaire was recently awarded $4.15 million in grants from the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Capital Magnet Fund. The grants will be used to support affordable housing and community development throughout Cinnaire’s footprint.
Over half the list is comprised of NH&RA members, with seven members in the top ten.