HUD recently released Notice H 2013-12 to update and replace Notice 2009-10, which defined the Department’s initial procedures for processing certain Section 202 Supportive Housing for the Elderly projects and Section 811 Supportive Housing for Persons with Disabilities under a delegated processing system.
The National Park Service (NPS) recently released its 2012 annual report on the historic tax credit (HTC) entitled “Federal Tax Incentives for Rehabilitating Historic Buildings”.
The Missouri State Senate recently passed S.B. 112, a measure which would make changes to the State’s new markets tax credit (NMTC) program.
The staff of the Joint Committee on Taxation has released a report summarizing the various tax code breaks and incentives for residential real estate in advance of the upcoming House of Representatives Committee on Ways and Means public hearing entitled “Tax Reform and Residential Real Estate,” which is scheduled for Thursday, April 25, 2013 at 9:30 am.
The Missouri Housing Development Commission has announced that they will be hosting a conference call for all interested parties to discuss plans for changes to the Missouri Qualified Allocation Plan.
The Ohio Housing Finance Agency (OHFA) has released a Housing Credit Gap Financing (HCGF) Guidelines draft.
The Maryland Department of Housing and Community Development has released their second draft of the proposed 2013 Qualified Allocation Plan (QAP).
The Kentucky Housing Corporation has released the final 2014 Qualified Allocation Plan and draft scoring criteria.
The Internal Revenue Service (IRS) yesterday released Notice 2012-39 to provide guidelines and a safe harbor to determine when construction has begun on a facility eligible to receive the renewable electricity production tax credit (PTC) or the energy investment tax credit (ITC).
The Wisconsin Housing and Economic Development Authority (WHEDA) has announced that it will be hosting two informational sessions about the policy goals, application guidelines, and selection process for their new LIHTC & High Impact Project Reserve (HIPR) program.
The New Jersey Housing and Mortgage Finance Agency has announced the deadline to submit applications for the 9% Tax Credit round.
HUD’s FHA Commissioner, Carol Galante, recently released a statement on President Obama’s FY 2014 HUD budget request. According to Galante, “the President’s budget demonstrates how we can invest in the things we need to grow our economy, create jobs and strengthen the middle class while further reducing the deficit in a balanced way.”