Montana’s Board of Housing recently released its draft qualified allocation plan (QAP) for the 2010 low-income housing tax credit (LIHTC) program. The plan governs the allocation of LIHTCs in Montana and provides an overview of the program, administrative processes, eligible competitions, and fee schedules.
NH&RA will continue to update the ARRA resource page below as information is made available.
Montana Board of Housing will hold its QAP Input and Exchange Session for the 2010 QAP on May 20 & 21, 2009 in Great Falls.
Montana state legislature is considering legislation (HB 631) that would increase the state’s rehabilitation tax credit from 25% to 100% of the federal rehabilitation tax credit.