Maryland

Maryland’s Department of Housing & Community Development has issued a new Multifamily Housing Notice (10-10) to its developers, sponsors and housing contacts pertaining to the Fall 2010 Competitive Funding Round.

Tax Credit Advisor – November 2010 – Nancy Rase, president of Homes for America, Inc., thrives on the demands of being an affordable housing developer.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently announced President Obama’s selection of Jane Vincent to serve as HUD Regional Administrator the Mid-Atlantic region.

The Maryland Department of Housing & Community Development (DHCD) has released a blacklined version of its draft 2011 Qualified Allocation Plan (QAP) for its low-income housing tax credit program.

The Maryland Department of Housing and Community Development and the United States Air Force has issued a request for information (RFI) soliciting input from the private sector on potential future uses for the vacant Summerfield housing units.

The Maryland Department of Housing and Community Development (DHCD) has begun the process of revising the 2011 qualified allocation plan (QAP), and has released its draft 2011 Multifamily Rental Financing Program Guide. Proposed revisions to the 2011 QAP will be released by the end of August.

Maryland Governor Martin O’Malley last week signed into law H.B. 475, the Sustainable Communities Act of 2010, reauthorizing through 2014 the tax credit formerly known as the Heritage Structure Rehabilitation Tax Credit.

Maryland’s Department of Housing and Community Development recently issued a notice to multifamily development professionals that announces critical updates to Maryland’s 2010 funding programs, and reminds developers of the February 23, 2010 competitive funding round application deadline.

The Maryland Department of Housing and Community Development recently issued a memo announcing its February 2010 competitive funding round for low-income housing tax credits.

The Maryland Department of Housing and Community Development recently announced that it will postpone its scheduled October 2009 competitive funding round until early 2010, with applications due in February ““ an exact due date will be determined at a later date.

The U.S. Department of the Treasury on July 10 announced $486 million in American Recovery and Reinvestment Act (ARRA) funding to spur the development of affordable housing units through its Section 1602 Tax Credit Exchange Program.

The Maryland Department of Housing and Community Development has released its application for funding through the Tax Credit Assistance Program (TCAP), provided under the American Recovery and Reinvestment Act.