Tax Exempt Bonds

Applicants are not required to participate in the PAB Lottery, as applications can still be submitted to the Bond Review Board throughout the 2018 program year and reservations will be issued as volume cap is available.

The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production and to assist with being able to finance tax-exempt bond transactions utilizing the 4% Low Income Housing Tax Credit. MSHDA now has two funding rounds annually, with each round having available approximately $9 million in gap funding.

The Agency received roughly 60 comment letters, including a letter from NH&RA regarding the proposed changes.

As a result of comments, MHFA plans to engage stakeholders over the next two months to find a solution to the market-driven bond issues in the state.

Washington State Housing Finance Commission has released proposed changes to Bond and Tax Credit policies. Read on for a summary of some significant changes.

While a redlined document is still forthcoming, the summary document, intended for discussion purposes, outlines the changes.

Washington State Housing Finance Commission has announced the following stakeholder meetings to discuss proposed changes to the 2017 Bond/4% tax credit policies and funding rounds.

This past Friday, Oregon Housing and Community Services released the NOFA for its Local Innovation and Fast Track (LIFT) program.

The policy blueprint, which is entitled “A Pro-Growth Tax Code for All Americans,” contains no legislative language and outlines how the House plans to continue working on tax reform into 2017.

NH&RA calls on its members to stop the Senate Appropriations Committee from slashing funding to the HOME program, join efforts to strength LIHTC, help preserve tax-exempt multifamily bonds, and advocate for the historic tax credit.

The California Housing Finance Agency (CalHFA) announced the Conduit Issuer Program, a new program that helps affordable housing developers access tax-exempt and taxable bond funds to aid in the preservation and development of affordable housing projects throughout California.

The IRS released the 2015 Calendar Year Resident Population Figures. The notice provides population figures to calculate the credit ceiling for low-income housing tax credits (LIHTC)and volume caps for tax-exempt private activity bonds.