News

The Nebraska Investment Finance Authority will hold a public hearing with respect at 10 am on September 14 in Lincoln on its 2010 Low-Income Housing Tax Credit (LIHTC) Qualified Allocation Plan (QAP).

The Arkansas Development Finance Authority has released its 2010 qualified allocation plan (QAP) for administering the low-income housing tax credit (LIHTC) program.

The Government Accountability Office (GAO) recently released a report that addresses the need to establish and implement a plan to expand linkages between affordable housing and transit-oriented development.

The Internal Revenue Service (IRS) has released an updated version of its Guide for Completing Form 8823: Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.

The New York Department of Housing and Community Renewal (DHCR) has released its proposed 2010 qualified allocation plan (QAP) for administering the federal low-income housing tax credit (LIHTC) program.

The Kentucky Housing Corporation (KHC) recently announced training workshops for the reporting requirements associated with the Tax Credit Assistance Program (TCAP) and Tax Credit Exchange Program. KHC has also announced a training session for the 2010 rental production open window application round and guidelines on October 14 in Frankfort.

The U.S. Government Accountability Office (GAO) recently released a report and letter to Congress with regards to the future structure and function of Fannie Mae and Freddie Mac, the Government-sponsored enterprises that were put into conservatorship under the Federal Housing Finance Agency (FHFA) in 2008.

The Tennessee Housing Development Agency has released its application for funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act (ARRA).

Virginia Representative Glenn Nye (Dem.) recently announced draft legislation that would improve off-base living conditions for enlisted troops with families by making it easier for them to qualify for affordable housing.

The Texas Department of Housing and Community Affairs is conducting a comprehensive review and reform of its federal low-income housing tax credit (LIHTC) program.

The U.S. Census Bureau today (Sept. 22) released its latest American Community Survey (ACS) data, which compiles social, housing, demographic and economic information for approximately 3 million households each year.

The Internal Revenue Service has issued a notice of changes to Revenue Procedure 2007-65, which establishes safe harbor requirements for the allocation of Section 45 wind energy production tax credits by partnerships.