Iowa

QAP Drafts & Public Hearings The Iowa Finance Authority is hosting a public forum to provide developers and interested parties an opportunity to provide recommendations for the 2015 Qualified Allocation Plan (QAP) – 4% Tax Credits with Tax-Exempt Bonds on May 5, 2014. The Draft Oregon 2014 QAP is available and you may view the […]

The Iowa Finance Authority will begin accepting online applications for Rental (without tax credits (LIHTC)), Homebuyer Subrecipient assistance and Tenant-Based Rental Assistance (TBRA) under the HOME program. 

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.

The 2014 Iowa QAP is now available on Iowa Finance Authority’s (IFA) website. The final application is due on December 9, 2013 at 4:30 pm. Please note that there applicants must attend a mandatory developer training session.

The 2014 proposed Iowa Qualified Allocation Plan (QAP) has been posted on the Iowa Finance Authority website and is open for public comments until August 27, 2013 at 4:30PM CST

Iowa Governor Terry Branstad yesterday signed Senate File 436 into law to modify the rules for the state Historic Preservation and Cultural and Entertainment District Tax Credit, making the program easier to use and expanding eligibility.

The Iowa Finance Authority is hosting a public forum for interested parties to provide feedback and recommendations for the 2014 Qualified Allocation Plan.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2012-41 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2013.

The Iowa Finance Agency will be hosting four housing credit developers meetings during the month of October. All developers planning to apply for 2013 Low Income Housing Tax Credits must attend one of the meetings.

The Internal Revenue Service released a notice in the Federal Register announcing that it is extending the comment period for previously issued Notice 2012″“7.

The Iowa House of Representatives recently passed a bill, HF 2460, that would reform the state’s controversial tax incremented financing (TIF) program.

The Iowa Finance Authority (IFA) has released its Qualified Allocation Plan (QAP) and supporting LIHTC program documents for the 2012 tax credit program.