A public hearing will be conducted concerning the Connecticut Housing Finance Authority’s intent to adopt amendments to its 2012 Qualified Allocation Plan (QAP) and Low-Income Housing Tax Credit Procedures(LIHTC) for the administration of the Federal Low-Income Housing Tax Credit Program.
Representative Chris Gibson (R-NY) recently introduced the Irene and Lee Tax Relief Strom Recovery Act, H.R. 3769, which would increase the amount of Low-Income Housing Tax Credits (LIHTCs) to be allocated in states damaged by Hurricane Irene or Tropical Storm Lee in 2011.
At its December 2011 meeting, the Connecticut Housing Finance Authority Board of Directors approved the draft 2012 Qualified Allocation Plan (QAP) and Low-Income Housing Tax Credit (LIHTC) Procedures for public comment.
The Connecticut Housing Finance Authority (CHFA) has announced changes to the application and funding round schedules for both the Housing Tax Credit Contribution (HTCC) and Low-Income Housing Tax Credit (LIHTC) programs beginning in 2012.
The Connecticut Housing Finance Agency presented its draft 2012 Standards of Design and Construction at a Public Forum on November 22. The standards include guidelines for the project planning and technical review process, safety and sustainability guidelines, and are applicable for construction funding through 2012 CHFA Multifamily Underwriting and Asset Management financing programs.
Connecticut’s General Assembly expanded two of the state’s historic rehabilitation tax credits, the Historic Structures Rehabilitation Tax Credit and the Historic Preservation Tax Credit.
The Connecticut Housing Finance Authority is now accepting applications for 9% low-income housing tax credit allocations through the 2011 competitive funding round.
The Connecticut Housing Finance Authority (CHFA) Board of Directors recently approved the Authority’s Very Low-Income Construction Employment Policy and incorporated the policy into the 2011 Low-Income Housing Tax Credit Draft Qualified Allocation Plan (QAP).
U.S. Department of Housing and Urban Development Secretary Shaun Donovan has announced the selection of Richard Walega as HUD’s new Regional Director for New England, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
According to a new green housing report, Connecticut and Georgia top the rankings among states when it comes to energy efficient affordable housing development. Global Green USA recently released its fifth annual green building rating summary of state qualified allocation plans (QAP).
The Connecticut Housing Finance Authority has issued a memo of proposed amendments to its Low-Income Housing Tax Credit Qualified Allocation Plan and Procedures for 2010.
The National Council of Affordable Housing Market Analysts recently submitted comments on the proposed 2010 qualified allocation plans (QAP) of several states for administering their upcoming rounds of low-income housing tax credit (LIHTC) program funding, including the Connecticut Housing Finance Authority, the New Mexico Mortgage Finance Authority, the Washing State Housing Finance Commission and the Louisiana Housing Finance Agency.