Illinois

QAP Illinois

Illinois Releases Draft QAP, Hearing 9/26, Comments Due 10/9

The 30-day public comment period began on Friday, September 8. More information on the changes is forthcoming.

QAP Illinois

Illinois: Developer Stakeholder Meeting Regarding Energy Efficiency Program Funding and Management

Join Illinois Housing Council on June 28 for an affordable housing development stakeholder meeting hosted by the ComEd® Energy Efficiency Program.

QAP Illinois

Illinois Donation Tax Credit Passes Both Houses, Awaits Signature

On December 1, 2016, the Donation Tax Credit passed out of the Senate with a vote of 54-0.

QAP Illinois

IHDA Updates 2016-17 QAP Documents

2016-17 QAP documents have been updated as of October 2015.

QAP Illinois

Illinois Allocates 2nd Round 2015 LIHTC

The full list is available on IHDA’s website.

QAP Washington

IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States

The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.

QAP Illinois

Illinois Housing Agency Names Acting Executive Director

Mary Kenney resigned from IHDA on Friday, September 18 to pursue a new opportunity as the Director of U.S. Government Affairs at BMO. Following her resignation, the Members of the Authority appointed Bryan Zises Acting Executive Director

QAP Illinois

Illinois Housing Council Reviews Change to State 2016 QAP

IHC’s review of the 2016 QAP Draft changes is now available here for download: IHC QAP Review Changes Presentation. IHC will discuss the changes with representatives from IHDA and gather feedback for IHC’s written comments on September 30th at RBC Capital Markets. We had a great conversation and received helpful feedback during our Springfield luncheon […]

Illinois

Community Investment Corporation “On Bill” Energy Financing Fact Sheet

In cooperation with the utility companies (ComEd, NICOR, North Shore Gas, Peoples Gas), CIC-Energy Savers will soon offer loans for energy retrofits of multifamily (5 to 50 units) properties which can be repaid as an additional item on a utility bill. Download

Illinois

Energy Savers Fact Sheet

ENERGY SAVERS helps lower operating costs of apartment buildings by reducing energy usage. FINANCING Energy Savers loans are secured with a second mortgage lien. The first mortgage lender must allow the Energy Savers subordinate loan to be secured with a subordinate mortgage. The property must be: 1. An apartment building with at least five (5) […]

Illinois

Elevate Energy Offers Free Affordable Housing Energy Baselining Services

Elevate Energy has joined forces with New Ecology to help affordable housing property owners and managers to reduce their property’s energy costs. They are offering free baselining services to multifamily affordable housing properties in Illinois, Missouri, Maryland, Rhode Island, and Pennsylvania, along with the Richmond, VA, Metro area.

Connecticut

State Housing News for the Week of October 27

Collection of State Housing Finance Agency from across the nation for the week of October 27.

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