LIHTC
California Issues Revised Application Q&A
California Tax Credit Allocation Committee has published a revised LIHTC application Q & A has been revised as of March 19, 2010.
HUD Updates LIHTC Database
The U.S. Department of Housing and Urban Development’s Office of Policy Development and Research recently announced that it has released updates to its low-income housing tax credit (LIHTC) database.
2010 NH&RA Annual Meeting & NMTC Symposium: Conference Presentations
NH&RA has made available the conference PowerPoint presentations from its 2010 Annual Meeting & NMTC Symposium, held March 10-13 in Miami Beach, Fla.
Senate Bill Would Extend LIHTC Carryback to Five Years
U.S. Senator Jeff Bingaman (D-NM) recently introduced new legislation aimed at stimulating new affordable housing development by adding incentives to the low-income housing tax credit (LIHTC) program.
White House FY 2011 Budget Calls for Funding Reductions at HUD
On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st.
IRS Issues Notice on Treatment of Exchange Funds
The Internal Revenue Service has issued a new notice (2010-18) that provides guidance in several aspects regarding the proper treatment of Section 1602 low-income housing tax credit (LIHTC) credit exchange funds.
Virginia Announces Update to LIHTC Application
The Virginia Housing Development Authority (VHDA) has issued a third update to its 2010 low-income housing tax credit reservation process.
Tennessee Releases Attachments to LIHTC Applications
The Tennessee Housing Development Agency (THDA) has released three additional attachments to its 2010 low-income housing tax credit program’s initial application.
California Posts LIHTC Question and Answers
The California Tax Credit Allocation Committee (TCAC) has posted the questions and answers from its recent 2010 Application Workshop training in Sacramento, Los Angeles, San Diego and Oakland in late February.
Wisconsin Issues Updates to 2010 LIHTC Application Process
The Wisconsin Housing & Economic Development Authority has announced two changes regarding the 2010 Low-Income Housing Tax Credit program.
NH&RA Announces Finalists for 2009 Historic Rehabilitation Awards
The National Housing & Rehabilitation Association has announced twenty-three finalists in eight categories for the 2009 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation.
Affordable Housing Tax Credit Coalition Elects New President
Joe Hagan, president and CEO of the National Equity Fund, Inc., is the new president of the Affordable Housing Tax Credit Coalition (AHTCC).