General News

The U.S. Department of the Treasury recently announced more than $330 million in funding to assist troubled affordable housing developments in Kansas, Michigan, Ohio, Wisconsin, and Puerto Rico through the Tax Credit Exchange Program, provided under the American Recovery and Reinvestment Act (ARRA).

The Kentucky Housing Corporation (KHC) is soliciting comments by May 28 on draft guidelines for the agency’s implementation of the Tax Credit Exchange and credit exchange programs, the two new funding sources authorized by the American Recovery and Reinvestment Act.

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced almost $1 billion in assistance for substantial improvements to the nation’s public housing stock. Funding is being provided through the Public Housing Capital Fund under the American Recovery and Reinvestment Act (ARRA).

The DC Department of Housing and Community Development (DHCD) has issued a memo of guidance for its Tax Credit Exchange program provided through the American Recovery and Reinvestment Act.

The South Carolina State Housing Finance and Development Authority has published its draft implementation plan for the Tax Credit Assistance Program (TCAP).

The North Carolina Housing Finance Agency has published its draft project selection process and criteria for the Tax Credit Exchange and Tax Credit Assistance Programs under the American Recovery and Reinvestment Act.

Oregon Housing and Community Services has published its draft implementation plan for the Section 1602 (Exchange) and Tax Credit Assistance (TCAP) programs.

The Minnesota Housing Finance Agency recently published its selection process and criteria for eligible projects applying for funding through the Tax Credit Exchange and Tax Credit Assistance (TCAP) Programs.

The Nebraska Investment Finance Agency has made available the selection criteria for its Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.

The Texas Department of Housing and Community Affairs has published its draft implantation plan for the Tax Credit Assistance Program (TCAP) provided through the American Recovery and Reinvestment Act.

The Wisconsin Housing and Economic Development Authority has published guidance on the deployment of housing assistance funds provided by the Tax Credit Exchange and Tax Credit Assistance (TCAP) programs under the American Recovery and Reinvestment Act.