LIHTC

The South Carolina State Housing Finance & Development Authority has published its final 2013 Qualified Allocation Plan (QAP) and Tax Credit Manual for the allocation of its federal Low-Income Housing Tax Credits (LIHTCs).

The North Dakota Housing Finance Agency (NDHFA) has released a draft version of its 2013 Qualified Allocation Plan (QAP). The draft contains several proposed revisions

The Georgia Department of Community Affairs (DCA) Office of Affordable Housing (OAH) has released a draft version of its 2013 Qualified Allocation Plan (QAP), as well as draft appendices for its threshold criteria and competitive scoring criteria.

The Arizona Department of Housing (ADOH) has published its final 2013 Qualified Allocation Plan (QAP) for the allocation of federal Low Income Housing Tax Credits (LIHTCs).

Due to Hurricane Sandy, New York State’s Home & Community Renewal (HCR) has announced that it will extend its deadline for Unified Funding applications from November 29, 2012 to January 8, 2013.

The Furman Center for Real Estate and Urban Policy at New York University (NYU), has released the preliminary results of its analysis of the incomes, rent burdens, and economic diversity of tenants residing in LIHTC developments.

Due to the widespread devastation caused by Hurricane Sandy, the President has declared that major disasters exist in Connecticut, New York and New Jersey. In a press release on November 5, the Internal Revenue Service (IRS) announced that the agency will waive certain low-income housing tax credit (LIHTC) rules in order to allow owners of low-income housing to provide temporary shelter to victims of Hurricane Sandy who do not qualify as low-income.

UPDATE: Due to the recent inclement weather, OHFA cancelled the two training sessions originally scheduled for October 30, 2012.

In an October 24 memo, the California Tax Credit Allocation Committee (CTCAC) announced a complete listing of its proposed regulation changes and program schedule for 2013.

The Pennsylvania Housing Finance Agency has extended application deadline for the first cycle of Low Income Housing Tax Credit allocations through Wednesday, November 7, 2012 at 3:00pm.

The North Carolina Housing Finance Agency has released a second draft of its 2013 Qualified Allocation Plan. The draft includes several changes from the first draft of the QAP.

The Mississippi Home Corporation (MHC) released an executive summary of proposed changes for its 2013 Qualified Allocation Plan following an October 25 public hearing.