LIHTC

The Pennsylvania Housing Finance Agency announced availability of funding for its 2020 LIHTC and Loan Programs. Please see the Notice of Funding Availability for more information.

The ACTION Campaign released a series of short videos providing an overview of each of the provisions in the Affordable Housing Credit Improvement Act of 2019. The ACTION Campaign also released updated fact sheets for congressional districts that show the impact of the Low-Income Housing Tax Credits.

WHEDA has issued modifications to the 2019-2020 QAP. These changes may impact scoring and deal structuring for the 2020 HTC Application Cycle.  Areas modified include: Scoring Category 3. Mixed Income Incentive Scoring Category 4. Serves Large Families Scoring Category 9. Financial Leverage Instructions/Scoring Summary Page 4% State of Wisconsin Housing Tax Credit Program Cure Period […]

The Affordable Housing Tax Credit Coalition will host a webinar at 3:00 p.m. EDT on Friday, July 12, 2019 on advocating for the Affordable Housing Credit Improvement Act, legislation to expand and improve the Low-Income Housing Tax Credit (Housing Credit). This bill has the potential to increase affordable housing production and preservation by more than […]

Alabama Housing Finance Authority (AHFA) conducted a public hearing on June 27 in Montgomery concerning proposed 2020 program plans: the HOME Investment Partnerships Program Action Plan, the Housing Credit Qualified Allocation Plan, and the National Housing Trust Fund Allocation Plan.  AHFA continues to accept written comments until 5 p.m. on July 29. All written comments […]

The Ohio Housing Finance Agency will host a public forum to discuss the 2020-2021 Qualified Allocation Plan Wednesday, July 24, 2019 in Columbus. Staff will share a summary of the comments received on the first draft in addition to providing an overview of the document. There will also be an opportunity for attendees to ask […]

Oregon Housing and Community Services will host the next Oregon Housing Stability Council meeting on Friday, July 12 in Salem, starting at 9:00 am PDT.  A dial-in option is available at: 1-877-273-4202; Participant Code: 4978330 AGENDA: 9:00 Meeting Called to Order – Roll Call 9:05 Public Comment 9:15 Meeting Minutes for Review – June 7, […]

The Idaho Housing Finance Association (IHFA) is now accepting applications for LIHTC through 5 pm MDT on Friday, August 2, 2019.

The Virginia Housing Development Authority has approved the final rankings for the 2019 LIHTC awards.  Rankings can be viewed here.

Senate Finance Committee Ranking Member Ron Wyden (D-OR) and Senators Todd Young (R-IN) and Representatives Don Beyer (D-VA), Joe Neguse (D-CO) and Jackie Walorski (R-IN) introduced legislation to eliminate the Qualified Contract provision for new LIHTC properties.

The ACTION Campaign steering committee, of which NH&RA is a member, sent a letter to the Senate Finance Committee Employment and Community Development Task Force. The Task Force is tasked with examining temporary tax incentives and members of the Task Force encouraged the ACTION Campaign to submit comments about the Affordable Housing Tax Credit. The […]

On Thursday, June 20 at 9:30 am EDT, the House Ways and Means Committee will markup The Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301), which would extend the New Markets Tax Credit (NMTC) through 2020. The NMTC will expire at the end of 2019 absent congressional action. The bill would also […]