Virginia

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.

Virginia Housing Development Authority (VHDA) Executive Director Jim Chandler recently issued a 2012 QAP Letter that provides an update on certain aspects of the 2012 Low-Income Housing Tax Credit procedures, including a summary of major changes to the 2012 Qualified Allocation Plan (QAP).

The Virginia Housing Development Authority (VHDA) released the final Qualified Allocation Plan (QAP) for 2012. VHDA Board of Commissioners approved the document on October 12, 2011. The reservation application and market study deadline is scheduled for 2:00 pm on March 16, 2012.

The Virginia Housing Development Authority (VHDA) has released its draft 2012 Qualified Allocation Plan (QAP).

The Virginia Housing Development Authority has scheduled a Market Analyst Forum on Wednesday, September 14 in Belvidere. The forum will begin promptly at 10 a.m. and last approximately 1.5 hours. The focus of this discussion will be changes to VHDA’s market study guidelines and processes beginning in 2012.

The Virginia Housing Development Authority has released a draft of its 2012 QAP, as well as the 2012 low-income housing tax credit program schedule and focus group announcement.

The Virginia Housing Development Authority will hold its LIHTC 2012 QAP Forum on June 23 in Richmond.

The Virginia Housing Development Authority has issued a reservation application update for 2011 LIHTCs. The update addresses the locality notification information summary, an additional EarthCraft Multifamily Training Session (February 25), Universal Design training (February 17), and several minor corrections to the 2011 application.

The Virginia Housing Development Authority’s Board of Commissioners recently approved the proposed revisions to the 2011 Qualified Allocation Plan and released the final version on its website.

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently announced President Obama’s selection of Jane Vincent to serve as HUD Regional Administrator the Mid-Atlantic region.

The Virginia Housing Development Authority (VHDA) has released a blacklined version of its draft 2011 qualified allocation plan (QAP),

The Virginia Housing Development Authority recently announced a public forum to discuss changes to the 2011 QAP, scheduled for Wednesday, July 14, at 1:30 p.m.