Qualified Allocation Plans

Virginia Housing Development Authority made the following changes to its 2015 LIHTC Application.

Montana Housing Partnership and the Mountain Plains NAHRO will jointly host the Annual Conference, Bridging the Gap, Building Housing Partnerships, on June 8-11 at the Best Western GranTree Hotel and Conference Center.

Minnesota Housing Finance Agency will accept comments on the proposed changes to the distribution of low income housing tax credits to suballocators in the Twin Cities Metropolitan Area and Greater Minnesota until 4:30 p.m. on Friday, March 27.

Michigan State Housing Development Authority released a Notification of Funding Round for April 1, 2015 and a memo regarding LIHTC Program Updates & Credit Availability. They are available on the 2015 Funding Round Information page of the MSHDA web site.

Arkansas Development Finance Authority (ADFA) Board of Directors approved funding for three applications to receive $500,000 from the Arkansas Housing Trust Fund Pilot Program.

Alaska Housing Finance Corporation will host Energy Efficiency NOW: An Energy Performance Conference for Commercial and Public Buildings on March 4-5 in Anchorage, AK. Registration closes on Wednesday, February 25.

California Tax Credit Allocation Committee announced proposed regulation changes to the Qualified Allocation Plan, along with a statement of reasons. If approved, TCAC will enact the changes on March 18, 2015. TCAC will hold a public hearing on the proposed changes on February 24, 2015.

The Maryland Historical Trust is now accepting applications for the Small Commercial Tax Credit. Eligible projects may earn a state income tax credit equal to 20 percent of qualified rehabilitation expenditures.

As the Ohio Housing Finance Agency multifamily program offices continue the process of preparing the 2016-2017 QAP, they will focus on preparing the first draft of the QAP scheduled to be released in early March 2015.

OHFA announced the Multifamily Lending Program can be used in conjunction with the 2015 9% LIHTC proposal applications, and the program is eligible for competitive points under Development Characteristic Priority 3c.

The Kentucky Housing Corporation’s 2015 Application for HOME Investment Partnerships Program (HOME) and the Affordable Housing Trust Fund (AHTF) will remain open until all funds have been awarded.

Texas Department of Housing and Community Affairs posted to its website an updated FAQ for the 2015 Competitive Housing Tax Credit Cycle. If you have any questions about the 9% Program, please contact Kathryn Saar at [email protected].