State Tax Credits

On Thursday, May 29, Colorado Governor John Hickenlooper signed HB-1017 into law, renewing Colorado’s State Low Income Housing Tax Credit program. Sponsored by Representative Crisanta Duran and Senator Jessie Ulibarri, HB-1017 will create significant new resources to support the development of affordable rental housing across the state.

All conference materials, PowerPoint presentations, relevant articles, reports, memos, etc. from the 2014 Spring Developers Forum are available below under the relevant session titles.

All conference materials, PowerPoint presentations, relevant articles, reports, memos, etc. from the 2014 Spring Developers Forum are available below under the relevant session titles.

Last week, Maryland affordable housing advocates celebrate the success of the Multifamily Rental Housing Programs Efficiency Act (HB 453), legislation that will reduce municipal barriers to rental housing production. Advocates also succeeded in securing $25.73 million for the Rental Housing Works (RHW) program, the highest level of funding for the program in its history.

QAP Deadlines

Minnesota: Minnesota Housing announced the availability of an estimated $70 million in funding through the 2014 consolidated Request for Proposals (RFP) and $12.5 million in 2015 Housing Tax Credits (Round 1).

Ohio Representative Terry Boose (R-District 57) from the Ohio House of Representatives recently introduced H.B. 478 a bill which would significantly modify and improve the state New Markets Tax Credit (NMTC) program.

The Oklahoma Affordable Housing Act (H.B. 3099) recently passed the Oklahoma State House of Representatives by a margin of 75-13, and has now moved to the Senate Finance Committee for consideration….

A recently introduced bill in the Colorado House of Representatives, the Colorado Job Creation and Main Street Revitalization Act (H.B. 14-1311), would create a state historic rehabilitation tax credit (HTC) for qualified rehabilitation expenditures to commercial historic structures….

All conference materials, PowerPoint presentations, relevant articles, reports, memos, etc. from the 2014 NH&RA Annual Meeting are available below under the relevant session titles. Click below to learn more about the topics that were covered at the meeting! Conference Recordings of each session will be available in NH&RA’s Online Store following the conference.

The Michigan State Historic Preservation Office is in the process of developing the state’s next five-year historic preservation plan.

Historic preservation transactions in Wisconsin received a great boost when Wisconsin Governor Scott Walker last month signed Assembly Bill (AB) 4 into law, which allows for an increase in the amount tax credits for the substantial rehabilitation of historic buildings.

Texas Department of Housing and Community Affairs (TDHCA) released the Draft 2014 State of Texas’ Low Income Housing Plan and Annual Report which serves as a comprehensive reference on statewide housing needs, housing resources, and strategies for funding allocations.