Qualified Allocation Plans

The Pennsylvania Housing Finance Agency (PHFA) posted the 2021 Multifamily Housing Application and Program Materials, which cover requests for LIHTCs, PennHOMES, PHARE Housing Trust Funds (HTF) and Agency first mortgage products used in connection with the development or preservation of affordable rental housing in the Commonwealth.

Governor Greg Abbott approved the Texas Department of Housing and Community Affairs’ (TDHCA) 2021 QAP on December 1, 2020. The QAP will become effective 20 days after submission to the Texas register.    

House Bill 854 directs Virginia Housing and the Department of Housing and Community Development (DHCD) to conduct a study of state policies and programs. The survey is an opportunity to provide detailed and meaningful feedback on any and all state-administered housing funds, policies and programs your organization uses.

“We agree with the State Auditor that California must develop and implement a long-term, comprehensive and coordinated plan to house those who are experiencing homelessness and lack access to affordable homes. While the claim in the November 2020 audit that $2.7B in tax-exempt bonds were wasted oversimplifies the program mechanics and ignores the economic conditions at the time, what’s critical now — when housing bond demand exceeds supply by more than two-to-one — is that the state allocate all remaining bond issuance authority to affordable housing.”

The Alabama Housing Finance Authority (AHFA) published the final 2021 HOME Investment Partnerships Program Action Plan and LIHTC QAP. The tentative AHFA 2021 Competitive Application Cycle is as follows:

Florida Housing clarified that households receiving Section 8 rental subsidy, as well as other households receiving federal rental subsidy, who can demonstrate that their monthly incomes have been specifically impacted by the COVID-19 crisis are eligible to participate in CRF for the household’s portion of rent, options (such as washer and dryer rental included in the lease or through an addendum to the lease) that are not paid by any other federal rental subsidy. The prohibition of duplication of benefits does not prohibit stacking benefits but does prohibit duplication. 

Kansas Housing Resources Corporation (KHRC) will hold a webinar from 2 – 4 p.m. CT on December 2 to discuss Kansas’ revamped LIHTC application process. Speakers will introduce the new and improved application, review program requirements and discuss evaluation and selection criteria, with a special emphasis on fulfilling the goals of our 2021 QAP. Register […]

The Michigan State Housing Development Authority (MSHDA) will hold an information hearing on amending its recently approved 2021 QAP from 9 to 11 a.m. ET on December 9. The QAP Amendment process is anticipated to begin this year and continue through early-to-mid 2021.  Dial 248-509-0316, code: 395 059 938 to join the call. Persons who […]

The New Jersey Housing and Mortgage Finance Agency (NJ HMFA) will hold a webinar on how New Jersey’s Clean Energy Program is providing incentives for multifamily projects and offering enhanced incentives for affordable housing facilities. Enhanced incentives which can be up to double the normal incentive! The webinar will be held on December 9, 2020 […]

In preparation for the 2021 Competitive nine percent LIHTC application cycle, the Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division has posted draft 2021 Multifamily Uniform Application documents:

The Wisconsin Housing and Economic Development Authority (WHEDA) is now accepting applications for the upcoming round of federal and state tax credits, which finance affordable workforce housing. The application period for the highly competitive 2021-22 LIHTC programs runs from November 20, 2020 until December 11, 2020

A new report from by the office of State Auditor Elaine Howle criticizes California’s procedures for managing and promoting construction of new affordable housing across the board, blaming lengthy approval processes and a lack of enforcement for local jurisdictions issuing just 11 percent of building permits as of June 2019.