LIHTC

The ACTION Campaign has drafted a letter to the Trump Administration and Congress voicing support for the Low-Income Housing Tax Credit. As an ACTION Member, NH&RA is proud to be a signatory of the letter and we urge all our members and partners to sign-on as well.

The study looks at the 20 least affordable housing markets in the United States during a ten year window from 1996 to 2006.

It will take some time to fully digest the results from last night’s election but I wanted to share some initial thoughts on what this may mean for our industry.   Whether you are a Republican or Democrat we must collectively figure out a way to come back from the divisive politics that characterized this election.  […]

The Texas Department of Housing and Community Affairs (“TDHCA”) is seeking input from the public for possible amendments to the 2017 Post Award and Asset Management rules through an online forum.

Clinton cites the need for a “national commitment to create more affordable housing”, speaking of increasing the LIHTC in high-cost areas as well as directing 10% of federal investments to low-income communities.

Urban Institute and National Housing Conference have together created an interactive webpage which illustrates the need for subsidy when charging affordable rents to low-income families.

Ohio Capital Corporation for Housing (OCCH) Training Academy will be providing a one-day Basic LIHTC Compliance training on Tuesday, August 9, 2016, at Liberty Green, 500 E Jefferson Street, Louisville, Kentucky, from 10 a.m.-4 p.m. ET.

On Thursday, July 14, Senate Finance Committee member Maria Cantwell (D-WA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) introduced legislation (S.3237) to improve the Low Income Housing Tax Credit.

The policy blueprint, which is entitled “A Pro-Growth Tax Code for All Americans,” contains no legislative language and outlines how the House plans to continue working on tax reform into 2017.

The West Virginia Housing Development Fund has announced a likelihood that West Virginia’s next QAP will award points for properties that utilize National Housing Trust Fund (NHTF) monies and have project-based rental assistance.

The Government Accountability Office’s second report on LIHTC finds that the agencies that allocate state credits generally follow program requirements. However, approaches to QAP and LIHTC award criteria vary, which opens the door to problems for some agency practices.

In September 2016, Alaska Housing Finance Corporation (AHFC) will announce the FY 2017 Notice of Funding Availability (NOFA) for its Greater Opportunity for Affordable Living (GOAL) Program. For eligibility to apply for GOAL Program funds, all applicants are required to comply with a sequential three (3) step application process. Applicants will NOT be eligible to apply for GOAL funding unless they first meet both deadlines for Steps (1) and (2).