Qualified Allocation Plans

he Authority commissioned state-wide utility allowances have been completed and are now available for use on existing and future Tax Credit and HOME developments.

The two partners are calling for a team of service providers to work with a development team to build approximately 25 housing first units in the community. IHFA has up to $5.75 million in Low Income Housing Tax Credits available under its special housing needs set aside to fund the project. The City of Boise will contribute up to $1 million in one-time money to augment acquisition and construction costs for the winning proposal.

The Montana Board of Housing posted a draft of the 2017 Qualified Allocation Plan.

Colorado Housing Finance Authority announced that it will reduce the mortgage insurance premium for multifamily loans using the CHFA 542(c) Risk Share 50/50 program to 12.5 basis points, from 25 basis points.

Kentucky Housing Corporation is gathering input from developers, syndicators, lenders, and management companies on the 2017 QAP through an online survey and in-person roundtable discussions.

The meeting will be held on Wednesday, February 24, 2016, at 1:30 p.m. at the Holiday Inn Tampa Westshore – Airport Area, 700 N. Westshore Blvd, Tampa, Florida.

The 2016 Workbook has been updated to reflect the TCAC Regulations adopted October 21, 2015.

The State-Aided Public Housing Mixed-Income Community Demonstration Program will fund the planning and pre-development costs associated with developing new moderate or market-rate housing on existing and surplus PHA owned property.

Rhode Island Governor Gina Raimondo introduced her FY 2017 budget and proposed a $40 million bond to build homes, create construction jobs, and attract private investment.

All applicants for 9% tax credits must document, to the Committee’s satisfaction, the rural or non-rural status of the project.

As Kentucky Housing Corporation begins developing the Qualified Allocation Plan for fiscal year 2017 Low Income Housing Tax Credits, the KHC welcomes input from developers, syndicators, lenders, and management companies.

DHCD will hold two information sessions for sponsors whose rental pre-applications were approved by the Department in January 2016. Location: DHCD, 100 Cambridge Street, 2nd Floor, Room A Dates/times: Monday, February 22:  11:00 AM Wednesday, February 24:  11:00 AM Because space is limited, we ask that each sponsor/team send no more than two participants to the session of choice.  […]