General News
HUD Updates NOFA for ARRA Capital Fund Grants
The U.S. Department of Housing and Urban Development (HUD) has issued clarification with regards to its May 7 notice of funding availability (NOFA) for Capital Fund Recovery Competition grants, provided by the American Recovery and Reinvestment Act.
U.S. Treasury Announces More Exchange Funding
The U.S. Department of the Treasury recently announced the next wave of funding awards under the Low-Income Housing Tax Credit (LIHTC) Exchange Program, to spur the development of affordable housing units in five states.
HUD USER Website Publishes Housing Market Report for 1st Quarter, 2009
The HUD USER website has released its U.S. Housing Market Conditions report for the first quarter of 2009.
New Jersey Publishes Draft Selection Criteria for TCAP
New Jersey’s Housing & Mortgage Finance Agency has published guidelines for the tax credit assistance program (TCAP), including project eligibility, selection criteria, awards process, commitment and expenditure deadlines and federal grant requirements.
Delaware Releases Application Process, Criteria for ARRA Programs
The Delaware State Housing Authority recently released separate guidance for the low-income housing tax credit assistance (TCAP) and tax credit exchange programs, each established by the American Recovery and Reinvestment Act (ARRA).
Connecticut Publishes Selection Criteria, Awards Process for TCAP
The Connecticut Housing Finance Agency has published draft guidance on the selection and awards process for funds allocated by the tax credit assistance program (TCAP), provided for by the American Recovery and Reinvestment Act of 2009.
Connecticut Publishes Selection Criteria, Awards Process for TCAP
The Connecticut Housing Finance Agency has published draft guidance on the selection and awards process for funds allocated by the tax credit assistance program (TCAP), provided for by the American Recovery and Reinvestment Act of 2009.
Arkansas Announces Guidance on TCAP, Exchange Programs
The Arkansas Development Finance Authority has released guidance on its three-tier selection process for the low-income housing tax credit assistance and Section 1602 “Exchange” programs, under the American Recovery and Reinvestment Act
Maryland Releases TCAP Application
The Maryland Department of Housing and Community Development has released its application for funding through the Tax Credit Assistance Program (TCAP), provided under the American Recovery and Reinvestment Act.
Congressman Frank Requests Changes to Exchange Program Guidance
Congressman Barney Frank (D-MA) recently issued a letter to U.S. Treasury Secretary Timothy Geithner requesting certain modifications to Treasury’s guidance regarding implementation of the low-income housing tax credit exchange program under Section 1602 of the American Recovery and Reinvestment Act (ARRA).
Vermont Issues ARRA Implementation Plan, TCAP Priorities
The Vermont Housing Finance Agency has released an overview of its proposed implementation plan for the tax credit assistance (TCAP) and tax credit monetization (Exchange) programs, established by the American Recovery and Reinvestment Act.
West Virginia Releases TCAP Selection Criteria
The West Virginia Housing Development Fund has made available draft guiding principles and scoring criteria for the tax credit assistance (TCAP) program, provided under the American Recovery and Reinvestment Act of 2009.