UPDATE: Due to the recent inclement weather, OHFA cancelled the two training sessions originally scheduled for October 30, 2012.
The Internal Revenue Service (IRS) announced in Revenue Procedure 2012-41 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 2013.
The Internal Revenue Service (IRS) recently published Revenue Procedure 2012-42, which indicates the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers for 2012. These carryovers, which amounts to nearly $2.43 million in unused credits, have been allocated to 34 states.
The Ohio Housing Finance Agency announced several updates for its multifamily housing development programs.
The Ohio Housing Finance Agency (OHFA) has announced three major updates for its development partners.
The Ohio Housing Finance Agency (OHFA) will host an architectural technical roundtable to gather comments and suggestions related to Expected Useful Life standards.
On July 18, the Ohio Housing Finance Agency (OHFA) Board approved the final draft of the 2013 QAP. The changes made from the 2012 QAP were meant to improve clarity throughout the document, create a more transparent scoring process and integrate external suggestions to avoid unintended consequences.
The Ohio Housing Finance Agency (OHFA) is seeking public comment on its 2012-2013 Multifamily Bond Gap Financing Guidelines draft. Notably, the guidelines have been updated to include a competitive selection process.
The Ohio Housing Finance Agency (OHFA) released the draft 2013 Qualified Allocation Plan (QAP) and a notice that the agency will hold a public hearing to go over proposed additions to the QAP on Wednesday, June 13 at 1:00 pm at the OHFA offices in Columbus.
The Ohio Housing Finance Agency (OHFA) has begun drafting the 2013 Housing Development Gap Financing (HDGF) Guidelines, and has scheduled a Focus Group to solicit input from interested stakeholders.
The Ohio Housing Finance Agency’s Office of Program Compliance has updated its Extended Use Monitoring Plan for tax credit projects in Extended Use.
Ohio Housing Finance Agency (OHFA) has released the materials that were distributed during the 2013 Qualified Allocation Plan (QAP) Focus Groups on May 8 and 9. Materials are available here. OHFA is seeking further public comment on the topics discussed during the focus groups.