News

Florida

NCAHMA Plans Market Study Training in Florida

The National Council of Affordable Housing Market Analysts will be conducting market study traning for tax credit staff of the Florida Housing Finance Commission, the state’s administrative body for the low-income housing tax credit program.

NH&RA News

2010 New Markets Tax Credit Symposium: Select Recordings Now Available

Did you miss the 2010 Affordable Housing Conference & NH&RA Annual Meeting in Miami Beach, March 11-13? Don’t worry! NH&RA has made available digital audio recordings of select sessions from this year’s program!

Minnesota

Minnesota Releases Proposed Revisions for 2011 QAP

The Minnesota Housing Finance Agency has released a notice of proposed revisions to 2011 low-income housing tax credit program, QAP and procedural manual.

Maine

Maine Housing Director Re-Nominated for Second Term

he Maine State Senate has approved Governor John Baldacci’s nomination of Dale McCormick to serve a second four-year term as Director of MaineHousing, the state’s administrator of the low-income housing tax credit program.

Louisiana

Louisiana Agency Announces 2010 LIHTC Application Timeline

The Louisiana Housing Finance Agency (LHFA) has announced its tentative timeline for 2010 LIHTC applications. LHFA’s draft 2010 qualified allocation plan (QAP) will be presented to its Board for approval on June 19.

Georgia

DCA Releases Forms for LIHTC 10% Test

for the certification of the 10% test for low-income housing tax credit (LIHTC) allocatees.

Arkansas

Arkansas Issues Section 1602 Update

The Arkansas Development Finance Authority recently announced its intent to utilize 2010 Exchange funds as additional gap financing for 2010 tax credit applicants with a substantial investor purchasing the credits for $.65 or more.

NH&RA News

NMTC Quarterly Reporting Deadline Reminder

New markets tax credit (NMTC) allocatees that received a NMTC allocation under the American Recovery and Reinvestment Act (ARRA) must submit their quarterly new markets reports by April 10.

HUD

DOE Ruling Expands Eligibility for Weatherization Funds

The U.S. Department of Energy (DOE) recently implemented a new ruling that expands the eligibility of projects for Weatherization Assistance Program (WAP) funding.

NH&RA News

CDFI Fund Schedules Informational Calls on Capital Magnet Fund

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is conducting two separate conference calls for potential applicants to the Capital Magnet Fund.

congress-capitol

Senate Introduces Tax Credit Extenders Package; Action Expected Shortly

Senate Majority Leader Harry Reid (D-Nev.) has tax credit extender legislation that would extend a number of expired tax provisions. The legislation comes in the form of a “strike-all” amendment to H. R. 4154 (The American Workers, State, and Business Relief Act of 2010); which passed the House of Representatives on December 3 on a largely party-line vote.

NH&RA News

Jobs Bill Passes House; Provisions Include LIHTC, NMTC & Build America Bonds

The US House of Representatives passed a $16.8 billion package of tax incentives for state and local governments and small businesses Wednesday, the second measure in the Democrats’ “jobs agenda” to pass the chamber this month.

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