Louisiana

The deadline for submitting written comments on the 2015 Draft QAP is Friday, November 14th.  Please submit all comments to qapcomments@lhc.la.gov. A link to the draft QAP is available online.

The Louisiana Housing Corporation gave notice that a public hearing on the proposed Calendar Year 2015 Qualified Allocation Plan (QAP) will be held at 9:00 a.m. on November 5, 2014, at the Louisiana Housing Corporation, 2415 Quail Drive, Baton Rouge, Louisiana 70808. Copies of the proposed Calendar Year 2015 QAP are available on LHC’s website.

Collection of State Housing Finance Agency from across the nation for the week of October 27.

Compilation of State Housing Finance Agency from across the nation for the week of October 20.

The Louisiana Housing Corporation (LHC) is sponsoring a Rental Assistance Demonstration (RAD) Workshop on Thursday, December 12, 2014 at 9:30 AM. The workshop will cover, but is not limited to, a brief overview of the RAD Program, LHC Participation, and recommended ways to utilize 4% Low Income Housing Tax Credits and Multifamily Mortgage Revenue Bonds. LHC strongly recommends that interested developers, consultants, and Louisiana Public Housing Authorities attend this meeting.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2014.

The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013.

An updated Draft 2014 Special Interim Qualified Allocation Plan (QAP)and Draft Selection Criteria for the Low Income Housing Tax Credit(LIHTC) Program has been posted to the Louisiana Housing Corporation’s website.

The Louisiana House of Representatives recently approved H.B. 726 by a vote of 66-33, a measure to create a state New Markets Jobs Tax Credit to provide incentives for private businesses to invest in low-income rural and “emerging urban” communities.

The National Housing & Rehabilitation Association, in association with the National Trust Community Investment Corporation, honored developers, architects and historic preservation professionals that brought new life to ten historic buildings through its awarding of the 2012 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation.

The Internal Revenue Service (IRS) announced in Revenue Procedure 2012-41 that it has set the inflation-adjusted State credit ceiling for the Low-Income Housing Tax Credit (LIHTC) program and private activity bond caps for calendar year 2013.

The Internal Revenue Service (IRS) recently published Revenue Procedure 2012-42, which indicates the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers for 2012. These carryovers, which amounts to nearly $2.43 million in unused credits, have been allocated to 34 states.