LIHTC

The Idaho Housing and Finance Association recently released an amended version of its draft 2010 Qualified Allocation Plan (QAP).

The California Tax Credit Allocation Committee has updated its 2010 9% Competitive Tax Credit Application and 2010 4% Competitive Tax-Exempt Bond Application Combining Federal and State Tax Credits.

The Ohio Housing Finance Agency (OHFA) will be conducting training on the 2011 Qualified Allocation Plan (QAP).

U.S. Senator Maria Cantwell (D-Wash.) recently introduced legislation (S. 3326, bill text not available at press time) that would extend for one-year the Section 1602 low-income housing tax credit (LIHTC) cash grant exchange program and expand the program to include 4 percent LITHCs. The “Job Creation and Affordable Housing Act” would also allow a 5-year carryback of the LIHTC.

Today (Friday, May 28) the U.S. House of Representatives passed H.R. 4213, the American Jobs and Closing Tax Loopholes Act (Tax Extenders Legislation). The legislation contains several provisions of note for affordable housing and tax credit developers…

NH&RA is pleased to offer a CD-ROM containing digital audio recordings of select panel sessions from the Spring Forum.

Minnesota Housing announces the appointment of Marcia Kolb as Assistant Commissioner for Multifamily Business.

The U.S. House Ways and Means Committee last week released additional documents related to the American Jobs and Closing Tax Loopholes Act (H.R. 4213), better known as the tax extenders bill.

The Louisiana Housing Finance Agency (LHFA) has released a notice of ten frequently asked questions relating to LHFA’s 2010 RFP for market analysts.

The Michigan State Housing Development Authority (MSHDA) has released its draft Utility Allowance (UA) Policy for Low-Income Housing Tax Credit Projects.

Last week, the National Housing & Rehabilitation Association welcomed over 120 industry professionals to Washington, DC for its 2010 Spring Affordable Housing Policy Forum. The highly praised program explored the critical nexus between today’s changing public policy environment and affordable housing development, as well as combined NH&RA’s traditional transaction-oriented sessions with valuable social networking opportunities.

The legislative text the American Jobs and Closing Tax Loopholes Act (H.R. 4213) was released last week by the U.S. House of Representatives as an amended version of an earlier version of the bill, in response to the companion legislation, passed by the Senate on March 10.