Qualified Allocation Plans

California Tax Credit Allocation Committee will hold open forums on December 3 and December 8 in order to gather input to solve a growing problem with state credit allocation. TCAC Executive Director Mark Stivers has already proposed a series of possible solutions.

The Colorado Housing Finance Agency issued a request for proposals (RFP) to conduct a comprehensive study of the cost to develop Low-Income Housing Tax Credit housing. Applications are due by March 18 at 4:00pm MTN.

TCAC and CDLAC developed a proposal to manage the impact of over-income tenants in LIHTC units during a resyndication. They are collecting feedback through March 17.

Grant rebates of up to 20 percent are available on qualified investments in commercial, industrial, residential or mixed-use buildings or facilities located within the designed downtown districts in Wilmington, Dover and Seaford. Large Project applications will be due to to the Delaware State Housing Authority by 4 p.m. on Monday, May 16, 2016.

Kentucky Housing Corporation (KHC) is now accepting applications for multifamily projects utilizing Tax-Exempt Bonds. Applications will be accepted on an open window basis through Thursday, December 29, 2016. All applications must be submitted through the Universal Funding Application System.

A public meeting will be held for the purpose of obtaining the views of interested citizens on housing needs and comments on the NHTF. An Allocation Plan for the NHTF will subsequently be developed and a draft released for public comment.

The Minnesota Housing released a plan for the distribution of Low-Income Housing Tax Credits in 2018, and is soliciting comments.

The Kentucky state legislature is considering a bill that would create a new section of KRS Chapter 198A to establish the Kentucky affordable housing credit.

On Friday, March 18, 2016 from 10:00 a.m. to 12:00 noon, New Hampshire Housing Finance Authority will hold a public hearing on the draft 2017 QAP.

The Michigan State Housing Development Authority announced that the second competitive funding round for 2016 Low Income Housing Tax Credit will have an application submission deadline of 5:00 p.m., April 1, 2016.

Projects applying for 9% tax credits that intend to claim preservation points in the 2017 QAP must participate in a mandatory technical assistance meeting with Minnesota Housing staff and submit a preservation pre-application.

MInnesota posted important deadlines and early documents for its upcoming Multifamily and Housing Tax Credit funding rounds. A new senior housing pilot and Section 811 funding are part of the Multifamily RFP.