The North Carolina Housing Finance Agency posted its final 2021 QAP. The 2021 LIHTC preliminary application is now available and due by noon ET on January 22, 2021.
Mark Lauseng’s last day as executive director of the South Dakota Housing Development Authority will be January 8, 2021. Lauseng has worked for the Authority for 34 years and has been the executive director since 2006. The Authority will be hosting a retirement celebration for him in March in hopes that meeting in person can […]
The Texas Department of Housing and Community Affairs (TDHCA) is accepting public comments on its Draft 2021 State of Texas Low Income Housing Plan and Annual Report (SLIHP) through January 19, 2021, at 5 p.m. CT. Comments should be sent to info@tdhca.state.tx.us. The SLIHP offers a comprehensive reference for statewide housing needs, housing resources and […]
Because Texas Department of Housing and Community Affairs (TDHCA) offices are closed to the public at this time, it is not possible to receive multifamily application fee payments in person as TDCHA has done in the past. Applicants who wish to have immediate evidence that their payment has been received by the Department should send […]
The West Virginia Housing Development Fund published its final 2021-2022 QAP and Tax Credit Manual. Below is a summary of the incorporated changes made to the 2021 and 2022 Allocation Plan in response to public comments on the draft 2021 and 2022 Allocation Plan: Syndication of Investment Interests (pages 30 and 31) – Points […]
In response to the four percent LIHTC rate fix, developers may request an extension of the final application deadline of January 7, 2021 for Ohio Housing Finance Agency’s (OHFA) 2020 Bond Gap Financing Round (BGF) by contacting their assigned BGF analyst. OHFA will allow extensions through February 1, 2021. However, extensions beyond this date will be considered by OHFA on a case–by–case basis and […]
The Texas Department of Housing and Community Affairs (TDHCA) released a proposed rule amendment for public comment: 10 TAC Section 1.15, regarding the Integrated Housing Rule, as approved by the TDHCA Governing Board. Written comments may be submitted to the Texas Department of Housing and Community Affairs, Attn: Brooke Boston, Rule Comments, P.O. Box 13941, Austin, Texas 78711-3941, or via email to brooke.boston@tdhca.state.tx.us. All comments must be received by 5 p.m. CT on January 29, 2021.
The North Carolina Housing Finance Agency adopted its final 2021 QAP, which includes new language on Disaster Recovery Funds in section II(B)(3)(c).
New Jersey Housing and Mortgage Finance Agency (NJ HMFA) updated the Unified Application For Housing Production Programs (UNIAP), effective Dec. 21, 2020. Changes include the following: Clarification on the application process; Updates to available programs; Income Averaging selection box; and Updated lists of documents required for application.
Melanie Walter was appointed as executive director of New Jersey Housing and Mortgage Finance Agency (NJHMFA) at its December 10 board meeting. Walter served as Department of Community Affairs (DCA) director of the Division of Local Government Services (DLGS) and Local Finance Board chairwoman for two and half years, first as acting director, then under permanent appointment.
National Housing Trust partnered with Leading Age to analyze the QAPs from all 50 states to see how Housing Credit Allocating Agencies use LIHTCs to encourage the production and preservation of affordable housing specifically for older adults. The analysis revealed that:
Seven states have established a set-aside for creating or preserving affordable housing for older adults;
Twenty-seven states award points for creating or preserving affordable housing serving older adults;
Twenty states award points for providing certain features in affordable housing serving older adults; and
Three states provide a basis boost for crating or preserving affordable housing serving older adults.
Florida Housing extended its deadline for submitting Coronavirus Relief Fund (CRF) Subsidy Request Reports to December 18.