News
Novogradac Releases Report Detailing Effects of Tax Reform on LIHTC Equity
NH&RA member firm, Novogradac & Company, recently released a report entitled “Affordable Rental Housing after Tax Reform” which details the effect corporate tax reform could have on the equity raised from Low-Income Housing Tax Credits (LIHTC).
Kentucky Releases Final Draft of the 2014 Multifamily Finance Guidelines
Kentucky Housing Corporation (KHC) recently released the final draft of its 2014 Multifamily Finance Guidelines, which governs the competitive funding process for several federal and state resources to enable the development and rehabilitation of safe, affordable housing.
OHFA Revises Guidelines for Bond Gap Financing Program
The Ohio Housing Finance Agency (OHFA) recently released a draft of the 2013 Bond Gap Financing (BGF) program guidelines for public comment and review.
NCSHA 2011 Factbook Details HFA Program Activity
The National Council of State Housing Agencies (NCSHA) recently released its 2011 Factbook, a comprehensive survey of housing finance agency (HFA) program activity.
Arizona Updates Bond Application Materials
The Arizona Department of Housing (ADOH) has posted updated versions of the Multifamily Revenue Bond Procedural Guidelines.
Ohio Historic Tax Credit Program 2012 Annual Report Released
The Ohio Development Services Agency recently released an annual report on the Ohio historic preservation tax credit program.
California Releases Final Regulation Changes to Cost Certification and Market Study Requirements
The California Tax Credit Allocation Committee (CTCAC) has released the final proposed regulation changes to the CPA Final Cost Certification Requirements and Market Study Requirements for the current 2013 program year.
House Ways and Means Committee Holds Hearing on Residential Real Estate Tax Provisions
The House Ways & Means Committee recently held a hearing on federal tax provisions that affect residential real estate, including the low-income housing tax credit (LIHTC).
CTCAC Releases CUAC FAQ
The California Tax Credit Allocation Committee CTCAC has released a Frequently Asked Questions (FAQ) document for California Utility Allowance Calculator (CUAC) submissions to the agency.
Minnesota Housing Issues Housing Tax Credit RFP
Minnesota recently released the RFPs including the application, materials, and instructions for the consolidated 2013 Multifamily and the 2014 Housing Tax Credit allocation rounds.
CalHFA Expands the Multifamily Preservation Loan Program
The California Housing Finance Agency (CalHFA) recently announced the expansion of its Preservation Loan Program, a financing program to maintain affordability of multifamily housing across the state.
HUD Issues Guidance for Processing Interest Rate Reduction Requests
HUD’s Office of Multifamily Housing recently issued a memo providing guidance for processing requests by mortgagees to reduce the interest rate on an insure mortgage loans and to clarify HUD’s processing procedures to reduce the interest rate and re-amortize the loan.