Qualified Allocation Plans

The Massachusetts Department of Housing and Community Development has issued the proposed guidance on the new income averaging election for the Low Income Housing Tax Credit program.  The Department will hold several information sessions on income averaging over the next month. Given the many uncertainties associated with IA, at this time DHCD will only contemplate […]

Oregon Governor Kate Brown has announced a new strategy to prioritize ending homelessness for children and veterans, and to increase housing affordability for all Oregonians.  Through the publication of a white paper entitled “Housing Policy Agenda: Housing Stability for Children, Veterans and the Chronically Homeless and Increased Housing Supply for Urban and Rural Communities” Governor […]

The draft of RFA 2018-113 Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments has been posted on the webpage  http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-113 The Corporation expects to issue the RFA on Thursday, September 13, 2018.  Applications are expected to be due on Thursday, November 1, 2018.  The Review Committee Meeting is expected to be […]

After nearly 20 years of service to affordable housing and survivors of domestic violence, Lisa Beran will retire from Kentucky Housing Corporation (KHC) on Friday, November 30, 2018. Currently KHC’s deputy executive director of Housing Production and Programs, Lisa has served over 10 years  on KHC’s executive team, initially serving as KHC’s general counsel and deputy […]

Mark Shelburne has left his position as senior manager, public policy with Novogradac and accepted an offer to direct the Office of Housing Finance at Georgia DCA.

KHC has posted Questions and Answers (Q&A) relative to the upcoming 2019 Housing Credit competitive funding round. The Q&A is available on KHC’s website under Development; Multifamily; Applications, Guidelines and Scoring; within the Applications and Scoring dropdown. Applicants are encouraged to check back often for updates as new questions are received. If you have any […]

Kentucky Housing Corporation (KHC) has revised its 2019 multifamily underwriting models to include more information for Housing Credit applicants selecting the income averaging option. The affected models include the model for the 9 percent Housing Credit competitive application, as well as the model for Tax-Exempt Bond applications (both open window submissions and responses to the […]

Florida Housing Finance Corporation has released an updated set of Housing Credit Geographic Request for Applications: RFA 2018-110 Housing Credit Financing for Affordable Housing Developments Located in Medium Counties can be found here: https://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-110 RFA 2018-111 Housing Credit Financing for Affordable Housing Developments Located in Miami-Dade County can be found here: https://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-111 RFA 2018-112 Housing […]

WHEDA’s next Tax Credit Compliance Workshop will be held on October 18th, and online registration is now open! It will be held at The Ingleside Hotel in Waukesha/Pewaukee. Click here to get registered. The registration fee is $125/person. This course is intended as an overview of the program, compliance requirements, and WHEDA’s monitoring procedures. It […]

In coordination with the Texas Apartment Association (“TAA”), the Texas Department of Housing and Community Affairs(“TDHCA”) will present Housing Tax Credit (“HTC”) Compliance Training in Austin on Wednesday, Sept. 12, 2018, from 8:30 a.m. to 4:30 p.m. Austin local time, at Norris Conference Center, 2525 W. Anderson Lane, Austin, TX 78757. This training will be […]

In response to the comments received regarding income averaging at the focus group held in Tucson, the Arizona Department of Housing has scheduled an additional focus group immediately prior to the Phoenix focus group on September 5, 2018 to discuss this new provision in the Internal Revenue Code. Please download the Information Bulletin for additional information.

The annual Qualified Allocation Plan training will be hosted on Monday, November 5, 2018, as a pre-event session at the Ohio Housing Conference. Developers and affordable housing professionals are invited to learn about the latest revisions to the Qualified Allocation Plan, hear from industry insiders on how to avoid the most common tax credit application pitfalls, see the […]