News
ACORE Releases Study on Renewable Energy Progress in U.S.
American Council on Renewable Energy (ACORE) recently released a report entitled Renewable Energy in the 50 States which provides an executive summary on the status of renewable energy implementation at the state-level.
New Resources Released on Installation of Solar Panels at Historic Properties
The National Park Service (NPS) and Department of Energy (DOE) have released separate guidance on installing solar panels at historic properties in a way that meets the standards of the Department of Interior.
NYU Study Sheds Light on Tenant Incomes in LIHTC Properties
The Furman Center for Real Estate and Urban Policy at New York University (NYU), has released the preliminary results of its analysis of the incomes, rent burdens, and economic diversity of tenants residing in LIHTC developments.
IRS Suspends Certain LIHTC Requirements for Areas Affected by Hurricane Sandy
Due to the widespread devastation caused by Hurricane Sandy, the President has declared that major disasters exist in Connecticut, New York and New Jersey. In a press release on November 5, the Internal Revenue Service (IRS) announced that the agency will waive certain low-income housing tax credit (LIHTC) rules in order to allow owners of low-income housing to provide temporary shelter to victims of Hurricane Sandy who do not qualify as low-income.
NMTC Applicants Affected by Hurricane May Request QEI Issuance Extension
The Community Development Financial Institutions (CDFI) Fund has announced it will consider extending the October 31 qualified equity investment (QEI) issuance deadline for new markets tax credit (NMTC) applicants that have been directly affected by Hurricane Sandy.
HUD Issues Memo On Closing Mixed-Finance Transactions
HUD released a new memo on October 26, 2012 pertaining to the due dates for closing mixed-finance transactions.
UPDATE: Ohio to Host Housing Funding Training
UPDATE: Due to the recent inclement weather, OHFA cancelled the two training sessions originally scheduled for October 30, 2012.
California Releases Proposed 2013 Tax Credit Program Regulation Changes
In an October 24 memo, the California Tax Credit Allocation Committee (CTCAC) announced a complete listing of its proposed regulation changes and program schedule for 2013.
Pennsylvania Extends LIHTC First Cycle Application Deadline
The Pennsylvania Housing Finance Agency has extended application deadline for the first cycle of Low Income Housing Tax Credit allocations through Wednesday, November 7, 2012 at 3:00pm.
North Carolina Releases Second Draft of 2013 QAP
The North Carolina Housing Finance Agency has released a second draft of its 2013 Qualified Allocation Plan. The draft includes several changes from the first draft of the QAP.
Mississippi Announces Proposed Changes for 2013 QAP
The Mississippi Home Corporation (MHC) released an executive summary of proposed changes for its 2013 Qualified Allocation Plan following an October 25 public hearing.
Advisory Council on Historic Preservation to Meet in DC November 15; Historic Credit Future To Be Discussed
The Advisory Council on Historic Preservation (ACHP) will meet Thursday, November 15, 2012. The meeting will be held in the Room SR325 at the Russell Senate Office Building at Constitution and Delaware Avenues NE., Washington, DC at 8:30 a.m. The ACHP was established by the National Historic Preservation Act of 1966 (16 U.S.C. 470 et seq.) to advise the President and Congress on national historic preservation policy and to comment upon federal, federally assisted, and federally licensed undertakings having an effect upon properties listed in or eligible for inclusion in the National Register of Historic Places.