Minnesota Housing will administer up to $15 million in General Obligation (GO) bond proceeds through the Publicly Owned Housing Program (POHP) to help finance public housing rehabilitation costs. Applications are due Thursday, April 29, 2021 by noon CT. Applicants must be local units of government, such as a city, county, housing redevelopment authority (HRA), or public housing authority (PHA).
New Hampshire Housing will hold a series of public forums on the 2023-2024 QAP, the first of which will take place on February 26, 2021 from 12:30 to 2 p.m. ET. Staff will present an overview of the QAP schedule, introduce topics for proposed changes and provide an opportunity for discussion and feedback. Register here by February 22. Comments can be sent to QAP@nhhfa.org.
In connection with the pre-application requirements for the 2021 four percent LIHTC/AHTC/Bonds due on February 12, 2021, Nebraska Investment Finance Authority (NIFA) will not require an Intent Resolution from the Bond Issuer (in the case the applicant is not requesting that NIFA be the issuer). The Intent Resolution from the Bond Issuer must be submitted […]
Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on Friday, February 5, 2021 from 9 a.m. to 2 p.m. PT. Attendees can register here; the meeting materials packet is available here.
The West Virginia Housing Development Fund will hold a virtual 2021 WVHDF LIHTCP Application Workshop on March 11, 2021, from noon until 5 p.m. ET. Register via this form by March 4. The registration fee is $50 per person.
Projects awarded federal disaster credits (or FCAA) may elect to return the federal credit in exchange for a new reservation and allocation from the year immediately following the award year. This allows an additional year for the project to place in service. A qualified high-rise project may also elect to make this exchange.
Nicole Whyte joined Montana Housing as its new multifamily program manager. Before moving to Helena to accept her new position at Commerce, Whyte lived in Missoula where she was the building and development program manager for the Missoula County Public Works Building Division. Her educational background includes a bachelor of arts inpolitical science and a […]
Ohio Housing Finance Agency (OHFA) was recently approved by HUD to become a Federal Housing Administration (FHA) Risk-Share Lender. OHFA can now provide permanent financing to match the needs of nearly any LIHTC project. OHFA updated its 2021 Multifamily Lending Program (MLP) Guidelines with new program details and FHA Risk-Share specific requirements. If a MLP […]
Due to ongoing COVID-19 related business disruptions and delays, the Alabama Housing Finance Authority will tentatively delay application intake for the 2021 Competitive Application Cycle until April 1, 2020. This extension time should permit prospective applicants additional time due to COVID-19 related staff shortages, and similar delays experienced by their respective development partners and third-party […]
Arizona Department of Housing (ADOH) posted the recording, slides and chat from its LIHTC Application Workshop on January 8. ADOH will host three LIHTC compliance workshops, which property managers are required to attend annually. Developers, co-developers or consultants must attend this training at a minimum of every five years. February 2021 Four three-hour sessions on […]
Connecticut Housing Finance Authority is currently working on changes to the Consolidated Application and the LIHTC Program Guidelines to clarify and streamline the application process. Applications are tentatively likely to be due within a May-June timeframe, with awards to be announced by September or October. Please contact Michelle Onofrio with any questions at michelle.onofrio@chfa.org.
California Gov. Gavin Newsom proposed an investment of $8 billion in housing resources as part of his 2021-22 budget proposal. The initial proposed budget includes a third round of $500 million in LIHTCs; $750 million to extend Homekey, the state’s program to acquire hotels, motels and other facilities to provide permanent housing for people experiencing […]