News

Connecticut

Connecticut Publishes Selection Criteria, Awards Process for TCAP

The Connecticut Housing Finance Agency has published draft guidance on the selection and awards process for funds allocated by the tax credit assistance program (TCAP), provided for by the American Recovery and Reinvestment Act of 2009.

Arkansas

Arkansas Announces Guidance on TCAP, Exchange Programs

The Arkansas Development Finance Authority has released guidance on its three-tier selection process for the low-income housing tax credit assistance and Section 1602 “Exchange” programs, under the American Recovery and Reinvestment Act

Maryland

Maryland Releases TCAP Application

The Maryland Department of Housing and Community Development has released its application for funding through the Tax Credit Assistance Program (TCAP), provided under the American Recovery and Reinvestment Act.

NH&RA News

Congressman Frank Requests Changes to Exchange Program Guidance

Congressman Barney Frank (D-MA) recently issued a letter to U.S. Treasury Secretary Timothy Geithner requesting certain modifications to Treasury’s guidance regarding implementation of the low-income housing tax credit exchange program under Section 1602 of the American Recovery and Reinvestment Act (ARRA).

Vermont

Vermont Issues ARRA Implementation Plan, TCAP Priorities

The Vermont Housing Finance Agency has released an overview of its proposed implementation plan for the tax credit assistance (TCAP) and tax credit monetization (Exchange) programs, established by the American Recovery and Reinvestment Act.

West Virginia

West Virginia Releases TCAP Selection Criteria

The West Virginia Housing Development Fund has made available draft guiding principles and scoring criteria for the tax credit assistance (TCAP) program, provided under the American Recovery and Reinvestment Act of 2009.

Wyoming

Wyoming Issues Draft Guidance for TCAP

The Wyoming Community Development Authority has released draft guidance for implementation of its low-income housing tax credit assistance program (TCAP) and is accepting public comments.

New York

NY Historic Tax Credit Bill Passed by Senate

The New York State Senate this week unanimously passed S2960, which strengthens the state’s historic rehabilitation tax credit program. The legislation will expand reinvestment in distressed New York communities and improve the program’s ability to implement cost saves strategies.

Missouri

Missouri Issues Selection Process and Criteria for TCAP Program

The Missouri Housing Development Commission has released its competitive selection process and judging criteria for implementing its low-income housing tax credit assistance program (TCAP), under the American Recovery and Reinvestment Act.

Illinois

Illinois Releases Selection Criteria for TCAP

The Illinois Housing Development Authority has released eligibility and selection criteria, program deadlines, and competitive scoring methods for implementation of the tax credit assistance program (TCAP).

Idaho

Idaho Agency Publishes TCAP Requirements

The Idaho Housing Finance Authority recently published program and application requirements for implementation of its tax credit assistance program (TCAP), provided under ARRA.

Iowa

Iowa Issues Guidance on TCAP

The Iowa Finance Authority has issued draft guidance for implementing its tax credit assistance program (TCAP), established by the American Recovery and Reinvestment Act.

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