Michigan

Alaska

State News Week of May 12: Maryland Affordable Housing Victory!

Last week, Maryland affordable housing advocates celebrate the success of the Multifamily Rental Housing Programs Efficiency Act (HB 453), legislation that will reduce municipal barriers to rental housing production. Advocates also succeeded in securing $25.73 million for the Rental Housing Works (RHW) program, the highest level of funding for the program in its history.

Alaska

State News Week of May 5, 2014

QAP Deadlines

Minnesota: Minnesota Housing announced the availability of an estimated $70 million in funding through the 2014 consolidated Request for Proposals (RFP) and $12.5 million in 2015 Housing Tax Credits (Round 1).

QAP Michigan

MSHDA Posted All Comments Received for the 2015-2016 QAP

MSHDA posted all comments received for the 2015-2016 QAP on their website.

QAP Michigan

MSHDA Released the List of 2014 LIHTC Applications

Michigan State Housing Development Authority released the list of applications for the February 14, 2014 LIHTC Funding Round on their website.

Michigan

In Development: Michigan Historic Preservation 5-Year Plan

The Michigan State Historic Preservation Office is in the process of developing the state’s next five-year historic preservation plan.

Alabama

IRS Sets State Credit Ceilings for 2014

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.

Michigan

UPDATE: 2014-2015 Michigan QAP: Public Hearing Comments

Michigan State Housing Development Agency (MSHDA) posted comments from the October 25, 2013 Public Hearing on their website.

Alabama

IRS Announces 2013 Carryover Allocations Totaling $2.46 Million

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.

Michigan

Proposed: Michigan Updated Gap Financing Program

The Michigan State Housing Development Authority (MSHDA) has released an updated draft of the MSHDA Gap Financing Program. MSHDA is currently accepting comments on the draft and there will be a presentation at the MSHDA Board meeting on September 25, 2013. The intention of program update is to address concerns of the competitive nature of the program.

Michigan

Updated Scoring Criteria for Michigan QAP

The Michigan State Housing Department Authority (MSHDA) has posted an updated version of the Scoring Criteria for the Low Income Housing Tax Credit (LIHTC) program to its website. MSHDA made this necessary update to modify the Cost Containment criteria to reflect new data that is now available following the completion of awards of 9% LIHTC from the 2013 allocation year. MSHDA also announced that the first competitive funding round for 2014 Low Income Housing Tax Credit will have an application submission deadline on August 15, 2013 at 5:00 P.M. EST.

California

NHC and CHP Publish Veterans Housing Guide

The National Housing Conference and California Housing Partnership have published a new guide titled “Veterans Permanent Supportive Housing: Policy and Practice”.

Michigan

MSHDA Provides Applicants Opportunity to Withdraw from Recent LIHTC Funding Round

The Michigan State Housing Development Authority (MSHDA) is providing applicants the opportunity to withdraw from the February 15, 2013 LIHTC funding round application without penalty.

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