North Carolina
IRS Releases Unallocated Credit Carryovers for Certain States
The Internal Revenue Service (IRS) published Revenue Service 2011-57 which dictates the amounts of unused housing credit carryover allowances allocated to qualified states. Nearly $3.66 million of unused credits were divided among the states in the National Pool.
North Carolina to Hold Public Hearing on Draft 2012 QAP
The North Carolina Housing Finance Agency (NCHFA) announced they will be holding a public hearing on the 2012 draft Qualified Allocation Plan on September 15th at the Hilton North Raleigh in Raleigh, North Carolina.
North Carolina Releases Draft 2012 QAP
The North Carolina Housing Finance agency has released the first draft of its 2012 QAP as well as a summary of major revisions to the 2012 plan.
North Carolina Seeks Comments on 2012 QAP
NCHFA is seeking input on the draft 2012 Qualified Allocation Plan prior to publication.
Senators Introduce LIHTC Legislation for Disaster Areas
On June 15 Senators Richard Shelby (R-Ala.) has introduced legislation to provide relief to states that suffered damage by the series of tornadoes and flooding that have struck the south east.
North Carolina Releases Draft 2011 QAP
The North Carolina Housing Finance Agency has released a draft version of its 2011 Qualified Allocation Plan (QAP), and a draft of its design quality guidelines (Appendix B).
HUD Publishes Housing Market Report for Raleigh-Durham
The U.S. Department of Housing and Urban Development has released a Comprehensive Housing Market Analysis for the Raleigh-Durham, North Carolina market area.
Treasury Announces Latest Wave of 1602 Exchange Funds
The U.S. Department of the Treasury today announced its latest wave of funding awards through the Section 1602 Tax Credit Exchange Program, provided by the American Recovery and Reinvestment Act of 2009.
North Carolina Releases Changes for Draft 2010 QAP
North Carolina Housing Finance Agency has released draft 2010 Qualified Allocation Plan, Appendix B (design), and changes memo.
North Carolina Seeks Input on 2010 QAP
The North Carolina Housing Finance Agency is seeking input for its draft 2010 Qualified Allocation prior to publication.
HUD Announces First Round of TCAP Awards
U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).
North Carolina Revises Tax Credit Exchange Criteria
The North Carolina Housing Finance Agency has issued a revised version of its low-income housing tax credit exchange program process and criteria.