General News
WNC Promotes Wendy Yan to Vice President, Underwriting
WNC announced that 20-year affordable housing veteran Wendy Yan has been promoted to vice president of underwriting.
CohnReznick: Issues Weighing on LIHTC Program in California
Affordable housing CA State Governor Brown says no to affordable housing bills. TCAC proposes changes to the LITHC program. CohnRezick examines the potential impacts for California.
New CA Energy Efficiency Laws Will Impact Multifamily Affordable Housing
Two new California state laws aim to open opportunities for low-income families to benefit from energy efficiency investments. One law will provide funding for solar installations in multifamily affordable housing developments. The other will study obstacles faced by low-income families pursuing energy efficiency investments.
IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States
The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.
NH&RA Members Will Help Transform Five Neighborhoods in Need
NH&RA members are key development and funding partners in the Choice Neighborhood grants that the Department of Housing and Urban Development has awarded in Atlanta, Kansas City, Memphis, and Sacramento.
Conifer Realty Develops ENERGY STAR Certified Homes for Hurricane-Displaced Seniors
Rittenberg Manor provides 100 home to seniors over the age of 62, and sets aside five of those units for homeless individuals. The new affordable apartment community in Egg Harbor City, NJ, which is providing homes to seniors displaced by Hurricane Sandy, has earned an ENERGY STAR certification.
New Council Seeks Higher Profile for Housing Tax Credit
Independent state housing organizations have formed a new council to advocate for the housing tax credit.
Ohio Releases 2016-17 Competitive Scoring Summary, Review Tools
The 2016-2017 Competitive Scoring Summary and Competitive Review Tools are now available on the 2016-2017 QAP page. The 2016-2017 AHFA (Excel application) will be available soon. A new Policy Map Scoring Tool has also been developed to assist our development partners in planning for proposal applications. Applicants can enter addresses of potential sites or adjacent […]
Maryland Issues Application Guidance Related to Changes to Enterprise Green Communities
Maryland DHCD intends to announce awards for the Fall 2015 LIHTC Competitive Funding Round in December 2015. Enterprise Green Communities has notified the Department that they recently made changes to their certification criteria (2015 Criteria). Projects applying in the Fall 2015 Funding Round may choose to certify under the 2011 Criteria or the 2015 Criteria. […]
Louisiana Housing Corporation Board Appoints Interim Executive Director
The LHC Board of Directors appointed Chief Administrative Officer Michelle L. Thomas to the position of Interim Executive Director for the Corporation. Ms. Thomas has served in the capacity of Chief Administrative Officer since 2014. Thomas, a graduate of the University of North Carolina at Chapel Hill, has more than 20 years of experience in […]
Iowa Hosts Mandatory Housing Tax Credit Developer Training
The Iowa Finance Authority is hosting a Mandatory Housing Tax Credit Developer Training on Monday, October 19. Attendance is mandatory for developers planning to submit an application for 2016 Housing Tax Credits. The project developer or developer’s representative must attend the training. The training will be held at DMACC Southridge Center, 1111 E Army Post […]
Illinois Housing Council Reviews Change to State 2016 QAP
IHC’s review of the 2016 QAP Draft changes is now available here for download: IHC QAP Review Changes Presentation. IHC will discuss the changes with representatives from IHDA and gather feedback for IHC’s written comments on September 30th at RBC Capital Markets. We had a great conversation and received helpful feedback during our Springfield luncheon […]