General News

The Wyoming Community Development Authority has released draft guidance for implementation of its low-income housing tax credit assistance program (TCAP) and is accepting public comments.

The New York State Senate this week unanimously passed S2960, which strengthens the state’s historic rehabilitation tax credit program. The legislation will expand reinvestment in distressed New York communities and improve the program’s ability to implement cost saves strategies.

The Missouri Housing Development Commission has released its competitive selection process and judging criteria for implementing its low-income housing tax credit assistance program (TCAP), under the American Recovery and Reinvestment Act.

The Illinois Housing Development Authority has released eligibility and selection criteria, program deadlines, and competitive scoring methods for implementation of the tax credit assistance program (TCAP).

The Idaho Housing Finance Authority recently published program and application requirements for implementation of its tax credit assistance program (TCAP), provided under ARRA.

The Iowa Finance Authority has issued draft guidance for implementing its tax credit assistance program (TCAP), established by the American Recovery and Reinvestment Act.

The Louisiana Housing Finance Agency (LHFA) in a recent request for qualifications from LIHTC market analysts, has stated that qualified applicants must provide proof of membership in the National Council of Affordable Housing Market Analysts (NCAHMA).

Proposed legislation to expand the New York state historic rehabilitation tax credit has passed the Finance Committee and will be sent to the full senate this week, where it is expected to pass.

Last week, U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced that President Obama has appointed Erika Poethig as Deputy Assistant Secretary for HUD’s Office of Policy Development and Research.

The Massachusetts Department of Housing and Community Development last week published draft guidelines for implementation of its low-income housing tax credit assistance (TCAP) program.

The Utah Housing Corporation recently issued guidance for the Tax Credit Exchange and Tax Credit Assistance Programs, provided under the American Recovery and Reinvestment Act to help kick-start stalled affordable housing project developments throughout Utah.

The Tennessee Housing Development Agency’s Board of Directors last week approved a description outline for the state’s implementation and awards process for the Tax Credit Assistance Program (TCAP) provided under the American Recovery and Reinvestment Act to assist stalled affordable housing development throughout the state.