North Carolina
North Carolina Releases Second Draft of 2016 QAP
North Carolina Housing Finance Agency released a second draft of the 2016 Qualified Allocation Plan, along with a memo to explain major revisions contained in the draft.
New NC Budget Includes Historic Tax Credit
CohnReznick: North Carolina Governor Pat McCrory signed the state’s new two-year budget into law. The budget contains new historic preservation tax credits through January 1, 2020 for both income-producing and non-income producing historic structures.
IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States
The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.
North Carolina Hosts 2016 QAP Public Hearing
The 2016 QAP Public Hearing will be held at NCHFA’s office on October 14th at 2pm.
North Carolina Awards 2015 Housing Credits to 43 Projects, Accepts Comments on 2016 QAP
The 2015 Housing Credit awards are now posted on the Agency website. Credits were awarded to 43 projects in 36 counties totaling 2,828 units. Six tax exempt bond projects totaling 862 units were also approved this cycle.
North Carolina Seeks Comments on 2016 QAP
The North Carolina Housing Finance Agency is accepting comments on the 2016 Qualified Allocation Plan. Please submit comments by Friday, September 4th to be considered before release of the first draft. You may email comments to rentalhelp@nchfa.com or mail to NC Housing Finance Agency, Attn: Rental Investment, 3508 Bush Street, Raleigh, NC 27609.
NCHFA Announces Final 2015 QAP Now Available
The North Carolina Housing Finance Agency (NCHFA) announced that the Final 2015 QAP is now available on the Agency’s website. Applications are due by noon on January 23, 2015.
NCHFA Announced That the Final 2015 QAP is Now Available
The North Carolina Housing Finance Agency (NCHFA) announced that the final 2015 QAP is now available on their web site.
NCHFA Has Released the Second Draft of the 2015 QAP
The North Carolina Housing Finance Agency has released the second draft of the 2015 Qualified Allocation Plan and the Second Draft Revisions Memo. Both are available on the Agency’s website. The Agency will continue to post second draft comments as they are received.
State News Week of September 29: California Governor Jerry Brown Vetoes NMTC and HTC Legislation
On September 29, California Governor Jerry Brown vetoed A.B. 1399, a bill to create a state new markets tax credit (NMTC), and A.B. 1999, to create a state historic rehabilitation tax credit (HTC).
NCHFA is accepting comments on the 2015 North Carolina QAP
NCHFA is accepting comments on the 2015 North Carolina Qualified Allocation Plan. Please submit comments by Friday, August 22nd to be considered before the first draft is released. You may email comments to rentalhelp@nchfa.com.
NCHFA is Accepting Comments on the 2015 North Carolina QAP
NCHFA is accepting comments on the 2015 North Carolina Qualified Allocation Plan. Please submit comments by Friday, August 22nd to be considered before the first draft is released. You may email comments to rentalhelp@nchfa.com.