The presentation at the Virginia Housing Development Authority’s (VHDA) 2020 LIHTC workshops in January indicated an anticipated nine percent available credit amount of $15,751,701. Due to multiple deals returning allocated credits, the revised anticipated credit amount for the 2020 competitive round is $16,854,854.
The West Virginia Housing Development Fund sent the following reminder regarding the 2020 LIHTC pre-registration form:
Applications for the National Housing Trust Fund Program (NHTF) are being accepted by Alabama Housing Finance Authority (AHFA) for the remaining 2018 and 2019 funding. Applications to be considered for this funding pool must be received by AHFA prior to 5:00 pm ET, on Friday, March 6, 2020. The NHTF Program Status Report includes pending applications, awards, returned awards and terminated applications.
Alabama property owners that received LIHTCs, LIHTCs with HOME funding or LIHTCs with Multifamily Bond financing from the Alabama Housing Finance Authority and received 8609s for their property, must use DMS Authority Online to complete the Annual Owner Certification by March 2.
The California Tax Credit Allocation Committee (TCAC) posted application guidance and questions and answers from the TCAC application workshops.
The Florida Housing Finance Corporation posted an updated Development Cost Pro Forma for RFA 2020-103 Housing Credit and SAIL Financing to Develop Housing for Homeless Persons.
The Georgia Department of Community Affairs (DCA) announced that it is no longer accepting applications for tax exempt bonds and four percent LIHTC transactions after determining that the current four percent bond pre-applications in the underwriting pipeline exceed the 2020 bond cap. By the end of 2019, DCA received 67 pre-applications for four percent LIHTCs […]
The Idaho Housing and Finance Association (IHFA) will hold a public hearing on its draft 2020 QAP in its main floor conference room on Tuesday, March 10 beginning at 9:30 am MT at 565 W. Myrtle, Boise, ID 83702. Comments should be submitted to the Project Finance Department, Idaho Housing and Finance Association, P.O. Box […]
The Connecticut Department of Housing (DOH), in collaboration with the Connecticut Housing Finance Authority (CHFA), is inviting any Developer/Owner that is looking to apply for funding and/or other resources from DOH and/or CHFA for the new construction, substantial rehabilitation, and/or preservation of affordable housing in the next calendar year to participate in a new Development Engagement Process.
The Kentucky Housing Corporation (KHC) announced the following partners who received Housing Contract Administration (HCA) funding awards for Affordable Housing Trust Fund (AHTF) Home Repair Projects based on their recent application submissions: Community and Development Services – Christian County; HOMES Inc.; Housing Development Alliance Inc.; KCEOC Community Action Partnership Inc.; Lexington Habitat for Humanity; Midtown […]
The Louisiana Housing Corporation (LHC) board of directors approved the 2020 Draft QAP, as well as the issuance of $27.1 million in Multifamily Mortgage Revenue Bonds to create 232 affordable rental units in Baton Rouge and Lafayette. The developments represent a mix of new construction and preservation developments that aim to assist working families, households […]
The Maryland Department of Housing and Community Development (DHCD) extended its review of second draft of the QAP and Multifamily Rental Financing Guide by a few extra weeks. DHCD anticipates the deadline for the submission of applications for the next Competitive Round will be in Spring 2020. A firm date will be issued shortly. If […]