The Ohio Housing Finance Agency (OHFA) Board of Directors approved an addendum to the 2020-2021 QAP intended to address financing gaps faced by developments due to escalating lumber prices and other increasing material and supply costs. OHFA is setting aside LIHTCs and Housing Development Loan (HDL) funding for developments that were awarded competitive nine percent LIHTCs in 2019 and 2020. Additional funding awards will be made on a first come, first served basis.
The Ohio Housing Finance Agency posted a partial draft of its 2022-2023 QAP. Comments can be sent to QAP@ohiohome.org by July 2.
Michigan’s State Historic Preservation Office (SHPO) released draft rules for the state historic tax credit program. Comments may be submitted to the SHPO in writing via U.S. Mail to 300 North Washington Square, Lansing MI 48913 or emailed to preservation@michigan.gov.
The California Department of Housing and Community Development (HCD) is seeking comments on its multifamily housing program (MHP) draft guidelines. The final 2022 MHP Guidelines will apply, in large part, to all HCD multifamily development programs.
The California tax Credit Allocation Committee updated its 2021 credit estimates. The new estimates include the county allocations for the federal disaster credits.
The Arizona Department of Housing is requesting input as it develops its draft 2022 QAP. Written comments can be sent to rental-qap@azhousing.gov by August 23.
The Arizona Department of Housing (ADOH) revised its Notice of Funding Available (NOFA) that solicited applications for the conversion, acquisition and or rehabilitation of emergency shelter or transitional housing.
The Arizona Department of Housing (ADOH) made several changes to its compliance guidance for multifamily rental housing. ADOH is now allowing owners the discretion to limit access to common areas and amenities because of COVID-19.
Virginia Housing has decided to limit the state’s new Housing Opportunity Tax Credit to $15 million per fiscal year for five years, for an aggregate program amount of $75 million.
The Texas Department of Housing and Community Affairs (TDHCA) posted a list of 2021 nine percent LIHTC Applications that are eligible for an award of tax credits for the 2021 program year. Developers with an appealable interest as a result of changes to the Application List posted on the TDHCA website, should submit a written appeal to the Department by close of business on June 30, 2021, to allow the matter to be considered by the executive director and potentially presented to the Governing Board at the meeting scheduled for July 8, 2021.
The Ohio Housing Finance Agency is making additional nine percent LIHTCs and Housing Development Loan (HDL) funding available to 2019 and 2020 LIHTC deals struggling with increase construction costs.
Minnesota Housing is now accepting applications for the Homework Starts with Home (HSWH) program. This program supports collaborative efforts between schools, housing organizations and local governments to identify, engage and stabilize students and their families experiencing homelessness.