Applications are due January 26, 2016 by 5:00 p.m. There are approximately $469,000 in tax credits available in Round 2. An additional $261,000 in returned credits may also become available this round.
Oregon Housing and Community Services released the latest draft of its Qualified Allocation Plan. This draft will be presented to the Housing Stability Council on Friday, January 8, 2015.
Documents related to the 2016 QAP will be posted by January 8, 2016.
The California Tax Credit Allocation Committee released its 2016 Market Study Guidelines.
House and Senate approved legislation to establish a permanent minimum 9% Low-Income Housing Tax Credit rate for new construction and substantial rehabilitation and extend the New Markets Tax Credit through 2019.
The final 2016 Qualified Allocation Plan is now available on the North Carolina Housing Finance Agency website. The preliminary application for 2016 Housing Credits is also available, and is due by noon on January 22, 2016.
The Idaho Housing and Finance Association posted an updated draft of the 2016 QAP to its website. This draft will be presented to the IHFA Board of Commissioners for approval.
Washington State Housing Finance Commission has developed additional resources for stakeholders seeking to use energy modeling for their projects.
Through this system, the Agency will accept the Intent to Submit and supplemental information that must be submitted by Friday, January 8, 2016 at 5:00 p.m.
Changes to the Detroit Continuum of Care program will impact the process of applying for LIHTC projects that require CoC approval during MSHDA’s April 2016 round for credits.
Tennessee Housing Development Agency posted the 2016 LIHTC 9% Phase 2 paper application.
Cinnaire was awarded over $2.6 million from the Federal Home Loan Bank of Chicago (FHLBC) Affordable Housing Program (AHP). These awards will allow Cinnaire to assist in the acquisition, rehabilitation, new construction and adaptive reuse of over 200 housing units.