Washington State Housing Finance Commission has developed additional resources for stakeholders seeking to use energy modeling for their projects.
The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.
The 2016 LIHTC 9% application packet is now posted.
Based on comments and input Washington State Housing Finance Commission received on the draft 2016 tax credit policy recommendations, it is modifying the following policies:
Washington State Housing Finance Commission revised the Total Development Cost limits to include a new category for Pierce and Snohomish counties. The deadline for additional comments on the revised recommendation is extended through Friday, August 21.
WA State Housing Finance Commission released a timeline for its 2016 9% tax credit allocation, as well as the TDC limit proposal and list of staff policy recommendations. If you have any questions regarding policy changes, please contact Lisa Vatske at (206)287-4467, lisa.vatske@wshfc.org or Bob Peterson at (206) 287-4454, bob.peterson@wshfc.org.
Collection of State Housing Finance Agency from across the nation for the week of October 27.
QAP and Funding Deadlines
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.
Washington State Housing Finance Commission released the list of projects to be considered for an allocation of LIHTCs. WSHFC will host a public hearing on Thursday, March 27th, 2014 to approve the list.
Washington State Housing Finance Agency released a report demonstrating how the agency has impacted housing opportunity over the last 30 years.
The Internal Revenue Service (IRS) announced in Revenue Procedure 2013-35 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 2014.