Thom Amdur Author Archives

Community Development Entities interested in applying for New Markets Tax Credit allocation authority under the 2015 round have until 5:00 pm EST, on December 16, 2015 to submit their application.

The Connecticut Housing Finance Authority (CHFA) is hosting an overview session for applicants to get general information about the HTCC Program as well as hear updates to the guidelines and rating and ranking. The session will be held on November 10, 2015 @ 9:30-11:00 a.m.

The Questions and Answers document regarding RFA 2015-109 – SAIL Financing for Smaller Permanent Supportive Housing Properties For Persons With Special Needs was posted to the website.

The announcements include several new developments within the Arizona Department of Housing: the transfer of the State’s Weatherization Programs to ADOH; the merger of two existing divisions at ADOH (the Public Housing Authority and Housing Compliance divisions); and the establishment of an Asset Management position.

Written comments and suggestions for the 2017-2018 QAP that MSHDA received in response to the October 30, 2015 Information Hearing have been added to the “2017-2018 QAP Information Hearing” page of the MSHDA web site.

Community Development Financial Institutions (CDFI) Fund clarified some key aspects of compliance monitoring in a recent update to its New Markets Tax Credit Compliance Monitoring Frequently Asked Questions document.

The TCAC 4% application and four of the attachments have been updated to incorporate the TCAC regulations adopted October 21.

The 2016 Housing Tax Credit Application, Exhibits and Appendices are now available on the Iowa Finance Authority web site and will be available through Monday, December 7, 2015 at 4:30 p.m.

Florida Housing Finance Corporation answers application question regarding RFA 2015-115 for Multifamily Energy Retrofit Program (MERP).

Colorado announced that Post Year 15 monitoring fees will be $25 per tax credit including employee units (not to exceed $2,500 maximum). CHFA also announced that for developments with LIHTC and/or loans through CHFA, managers will not be required to add an increased amount of SS, SSDI, or SSI to Tenant Income Certifications (TICs) effective in 2016.

According to a recent alert from NixonPeabody, the Bipartisan Budget Act of 2015 includes partnership audit reforms.

The Texas Apartment Association and Texas Department of Housing and Community Affairs will host a compliance training for the Housing Tax Credit Program on November 10 in San Antonio and November 12 in McAllen.