State Tax Credits

Oklahoma Governor Brad Henry recently signed into law a bill that suspends over two dozen tax credit programs and defers payments for credits related to historic rehabilitation for two years.

Maryland Governor Martin O’Malley last week signed into law H.B. 475, the Sustainable Communities Act of 2010, reauthorizing through 2014 the tax credit formerly known as the Heritage Structure Rehabilitation Tax Credit.

The New Jersey Assembly’s Environment & Solid Waste Committee voted out of committee A1851, the Historic Property Revitalization Act (HPRA), which would create a state historic tax credit program.

National Council of Affordable Housing Market Analysts (NCAHMA) is please to offer FIVE digital audio recordings of select panel sessions held during its 2010 Spring Underwriting Forum, April 7-8 in New Orleans.

Kansas Governor Mark Parkinson has signed a measure into law (SB 430) that removes the annual cap to the Kansas State Historic Tax Credit.

The Hawaii State Legislature is considering a proposed measure that would establish a program to provide loans in lieu of low-income housing tax credits by the Hawaii Housing Finance and Development Corporation.

The Florida House of Representatives introduced legislation that would alter the state’s New Markets Development Program. The measure, House Bill 1229, passed both the Transportation & Economic Development Appropriations Committee and the Economic Development Policy Committee.

Major decisions are being made in Washington that affect the future of tax credit development. But these decisions aren’t made in a vacuum – they are made after consultation with industry experts, constituents and consumers. You should be part of the conversation! Join NH&RA in Washington, DC for its 2010 Spring Policy Forum.

Minnesota Governor Tim Pawlenty early this month signed into law the Minnesota Jobs Stimulus Bill (House File 2695

The National Council of Affordable Housing Market Analysts convened its 2010 Spring Underwriting Forum on April 7-8 at the Intercontinental Hotel in New Orleans. NCAHMA is pleased to announce that the PowerPoint presentations from the event are now available…

Did you miss the 2010 Affordable Housing Conference & NH&RA Annual Meeting in Miami Beach, March 11-13? Don’t worry! NH&RA has made available digital audio recordings of select sessions from this year’s program!

Oregon Governor Ted Kulongoski recently signed into law House Bill 3680, which restructures the state’s business energy tax credit (BETC) program.