Qualified Allocation Plans
Arizona Updates CDBG-CV 3 NOFA
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.
Arizona Updates COVID-19 Compliance Guidance
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’s Housing Opportunity Tax Credit Limited to $15 Million per Year
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.
Texas Posts 2021 Nine Percent Applicant List; NOFAs Account for Increased Construction Costs
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.
Ohio Offers Additional Nine Percent LIHTCs, Loans from Rising Construction Costs
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 Accepting Applications for Homework Starts with Home RFP
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.
Louisiana QAP Forum – July 1
The Louisiana Housing Corporation will hold a virtual hearing on the 2022 QAP at 10 a.m. ET on July 1.
Florida Board Approves 2021-2022 Tentative Funding Amounts, Timeline & Hosts 2021 Geographics RFA Workshop – June 24
Florida Housing’s Board approved the 2021-2022 Tentative Funding Amounts and Timeline. Florida Housing will hold a virtual workshop regarding the three 2021 LIHTC Geographic RFAs at 9:30 a.m. ET on June 24. Register here.
California Updates Nine Percent Application
The California Tax Credit Allocation Committee updated its nine percent LIHTC application for the second competitive round
Texas Bill to Encourage LIHTC Developments Near Veterans Hospitals Goes to Governor
Texas legislation that would change the scoring system for allocating LIHTCs to encourage the development of affordable housing near veteran’s hospitals passed both houses of the Legislature and is on the desk of Governor Greg Abbott (R).
Texas Board of Directors Meeting – June 17
The Governing Board of the Texas Department of Housing and Community Affairs (TDHCA) will meet Online at 9 a.m. CT on June 17, 2021. Register here. The agenda and meeting materials are available here.
Oregon Releases Two NOFAs
Oregon Housing and Community Services (OHCS) released two NOFAs:
Veterans NOFA #2021-8: rental housing units funded through this NOFA must serve veterans as a set-aside population. This NOFA includes the ability to leverage OHCS Permanent Supportive Housing (PSH) resources and Oregon Affordable Housing Tax Credits (OAHTC).
Small Projects NOFA #2021-9: funding eligible for projects that have at least five and not more than 40 affordable rental housing units. This NOFA includes the ability to leverage Agriculture Workforce Housing Tax Credits (AWHTC), OHCS PSH resources, and OAHTCs.