General News

The Department of the Treasury and the Internal Revenue Service (IRS) released the final versions of Form 8996 – Qualified Opportunity Funds, 8996 instructions and Form 8997 – Initial and Annual Statement of Qualified Opportunity Fund Investments.

An Alabama circuit court ruled against the state Department of Revenue (DoR) concerning its policy of disregarding LIHTC extended-use restrictions when determining assessment of value for property taxes. The Circuit Court of Jefferson County ruled in favor of the Alabama Affordable Housing Association in its lawsuit against the DoR. The court found that DoR’s approach […]

Some of Atlanta’s most seasoned real estate leaders have joined to launch the Atlanta Affordable Housing Fund, LP, a social impact fund designed to provide low interest rate financing for affordable housing projects. The $25 million fund will deploy low-cost capital to qualified developers and sponsors, which is estimated to provide financing to create and/or preserve up to 1,500 affordable housing units.

Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on Friday, February 7, 2020 from 9:00 am to 2:00 pm PT. Attendees can participate in person at OHCS (725 Summer St. NE, Salem, OR) in conference room 124 A/B or via phone: 1-877-273-4202; Participant Code: 4978330. The meeting materials packet is […]

The West Virginia Housing Development Fund (the Fund) will host a 2020 LIHTC Application Workshop on March 24, 2020, at the Holiday Inn & Suites, South Charleston, WV.

Texas’ 2020 Multifamily Uniform Application posted on January 22, 2020, has been revised to correct Tab 48, the tie-breaker information worksheet. The revision only affects competitive nine percent LIHTC applications.

The Minnesota Department of Human Services (DHS) staff will provide an overview of Housing Support and how this resource works for housing developments with supportive housing units on February 26 from 10:00 am to 12:00 pm CT. This session is designed for developers, property management staff and service partners interested in learning more about Housing Support and additional DHS resources for supportive housing

The Louisiana Housing Corporation published the following documents for its Piggyback Resilience Initiative-Mixed Income (PRIME) Notice of Funding Availability (NOFA)

The Louisiana Housing Corporation (LHC) is accepting applications for its Neighborhood Landlord Rental Program Phase II (NLRP2 Initiative) through 4:30 pm CT on January 31. All written inquiries must be submitted to nlrp@lhc.la.gov.

The Kentucky Housing Corporation (KHC) released its draft 2021-2022 QAP and draft 2021-2022 multifamily guidelines for review. Comments are due by February 24. KHC will host a public hearing on February 17 to review the draft QAP and multifamily guidelines.

The Kansas Housing Resources Corporation released its 2019 Annual Report. Kansas leveraged $97.1 million for investment in rental housing, served 21,436 Kansans through community services, sheltered 1,878 Kansans, weatherized 996 homes and installed 9,639 LED light bulbs.

On January 23, 2020, the Board of Directors of the Florida Housing Finance Corporation approved the Review Committees’ motions and staff recommendations to adopt the scoring results, select applications for funding, and invite the applicants to enter credit underwriting regarding RFAs 2019-112, 2019-115, and 2019-118.