LIHTC

The National Housing & Rehabilitation Association is pleased to announce that it has made available the PowerPoint presentations displayed during the recent 2009 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits, held July 29 – August 1, 2009 in Woodstock, Vermont.

The Ohio Housing Finance Agency has released a marked up version of its draft 2010 qualified allocation plan for administering the low-income housing tax credit (LIHTC) program.

The U.S. Department of Housing and Urban Development has released new guidance and documents for the Tax Credit Assistance Program, which will provide federal funds through state housing credit agencies to stalled low-income housing tax credit projects to move them forward.

The Nebraska Investment Finance Authority has released its application for funding through the Section 1602 Tax Credit Exchange and Tax Credit Assistance Programs, provided by the Recovery Act (ARRA).

The Wyoming Community Development Authority has released its draft 2010 qualified allocation plan with respect to the low-income housing tax credit (LIHTC) program.

The North Carolina Housing Finance Agency is seeking input for its draft 2010 Qualified Allocation prior to publication.

The Idaho Housing and Finance Agency has released its joint application for funding assistance provided by the American Recovery and Reinvestment Act of 2009.

The Arkansas Development Finance Authority has released its application for funding assistance through the Stimulus Act’s Tax Credit Exchange and Tax Credit Assistance Programs.

The Alaska Housing Finance Corporation has released its application for funding through the American Recovery and Reinvestment Act’s Section 1602 (Tax Credit Exchange) and Tax Credit Assistance Programs (TCAP).

The Ohio Housing Finance Agency (OHFA) has released a draft set of core values to evaluate the capacity of management companies as part of its development of the 2010 qualified allocation plan (QAP).

NH&RA has uploaded new video excerpts from the 2009 Spring Developers Forum, May 11-12 in Los Angeles, California. If you missed these great sessions you can view video excerpts from the meeting on HousingOnline’s You Tube Channel. The session explored new funding sources made available by the American Recovery & Reinvestment Act including the Tax Credit Exchange and TCAP Programs and in particular issues pertaining to the recent guidance provided by HUD, the Department of Treasury and the IRS on the implementation of these programs. Featured speakers include Peter Bell (NH&RA), Ronne Thielen (Centerline Capital), Joel Rubenzahl (Community Economics Group), Tom Capp (Gorman & Company) and Jeanne Peterson (Reznick Group).

The U.S. Department of the Treasury on July 10 announced $486 million in American Recovery and Reinvestment Act (ARRA) funding to spur the development of affordable housing units through its Section 1602 Tax Credit Exchange Program.