Qualified Allocation Plans

The 2020 Texas Qualified Allocation Plan (QAP) was approved by Texas Governor Greg Abbott on Tuesday, November 26, 2019, with modifications found in 10 TAC Section 11.9(c)(6).  As of this notice on Wednesday, November 27, 2019, the 2020 QAP has not been published in the Texas Register. The Texas Department of Housing and Community Affairs’ […]

The California Tax Credit Allocation Meeting published a revised agenda for its December 11 meeting.

Oregon Housing & Community Services has released the agenda for its next Housing Stability Council meeting, on Friday, December 6, 2019. The meeting will be held at Oregon Housing and Community Services (725 Summer St NE, Salem OR) in conference room 124 A/B.

The Washington State Housing Finance Commission named Steve Walker as its new executive director after a nationwide search. Walker returns to the Commission, where he was director of Multifamily Housing and Community Facilities until 2013, after most recently leading the City of Seattle Office of Housing.

All project owners who have elected to certificate state credit must report the sale of credit to California Tax Credit Allocation Committee (TCAC) within ten days of the sale.  Please contact Gina Ferguson or Marlene McDonough with questions.

The California Department of Housing and Community Development (HCD) finalized the application process for borrowers and sponsors who wish to request an interest rate reduction on an HCD loan prior to the close of permanent financing.

The Delaware State Housing Authority (DSHA) will hold a public hearing to discuss the proposed 2020 QAP on from 1:00 to 3:00 pm ET on December 3 at the Department of Natural Resources & Environmental Control’s (DNREC) Auditorium, located at 89 Kings Highway, Dover, DE. Comments should be submitted by 6:00 pm ET on December […]

The Louisiana Housing Corporation (LHC) will officially announce a $42 million Community Development Block Grant (CDBG) Notice of Funding Availability (NOFA) on Wednesday, December 11 during its regularly scheduled board meeting. These CDBG funds will be combined with LIHTC and bond-financed mortgage proceeds.

Governor Tim Walz and Minnesota Housing Commissioner Jennifer Leimaile Ho announced $254 million in funding to create and preserve more than 2,665 homes throughout the state, including rental units and single-family homes.

Governor Kate Brown signed the 2019 QAP which incorporates the ability to utilize “Income Averaging”, a new election allowed by the Internal Revenue Service, as a possible minimum set aside election.

From 3:00 – 4:00 pm PT on December 2 Oregon Housing and Community Services (OHCS) will host an open partner call for the Affordable Rental Housing Development and Compliance sections of OHCS.

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance Division posted the following 2020 Multifamily Uniform Application materials:

The Texas Department of Housing and Community Affairs’ (TDHCA) posted the 2020-2 Multifamily Direct Loan Special Purpose Notice of Funding Availability (2020-2 NOFA), which announces the availability of National Housing Trust Fund (NHTF) for four percent-layered applications that received advance notice of Certificate of Reservation from the Texas Bond Review Board under the 2020 Lottery.