Wisconsin

The Wisconsin Housing and Economic Development Authority has announced two significant changes with regards to the administration of the Tax Credit Assistance Program (TCAP) and the Section 1602 Tax Credit Exchange Program, provided by the American Recovery and Reinvestment Act.

NH&RA announced today that a rare assemblage of five state allocators from adjoining Midwestern states will be a highlight of the Annual Meeting of the National Council of Affordable Housing Market Analysts (NCAHMA) at Chicago’s Doubletree Hotel on November 9 and 10.

The Wisconsin Housing and Economic Development Authority recently issued notice H 2009-13, which provides guidance on a new, required information form for HUD-assisted housing projects.

Wisconsin Governor Jim Doyle has announced that funds from the American Recovery and Reinvestment Act will be used for a new program to weatherize large, multifamily buildings. The new program aims to weatherize approximately 3,000 units in apartment buildings across the state over the next two years, reducing energy use and creating jobs.

The Wisconsin Housing and Economic Development Authority has released final guidance regarding its Section 1602 Tax Credit Exchange Program and its Tax Credit Assistance Programs (TCAP).

U.S. Department of Housing and Urban Development Secretary Shaun Donovan yesterday announced that HUD has approved requests from 26 states for over $1 billion in funding through the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act of 2009 (ARRA).

Senator Evan Bayh (D-Ind.) has proposed legislation that would make $230 million in funding immediately available to begin work on shovel-ready affordable housing developments in flood-ravaged areas of Indiana. The legislation would clarifiy that disaster housing credits in Indiana, Alabama, Arkansas, Illinois, Iowa, Kansas, Louisiana, Michigan, Missouri, Minnesota, Nebraska, Texas and Wisconsin would be eligible for the Tax Credit Exchange Program.

The U.S. Department of the Treasury recently announced more than $330 million in funding to assist troubled affordable housing developments in Kansas, Michigan, Ohio, Wisconsin, and Puerto Rico through the Tax Credit Exchange Program, provided under the American Recovery and Reinvestment Act (ARRA).

The Wisconsin Housing and Economic Development Authority has published guidance on the deployment of housing assistance funds provided by the Tax Credit Exchange and Tax Credit Assistance (TCAP) programs under the American Recovery and Reinvestment Act.

NH&RA will continue to update the ARRA resource page below as information is made available.

The Wisconsin Housing and Economic Development Authority has released a memorandum dated May 4 that describes administrative changes that will be made to its 2009 low-income housing tax credit (LIHTC) program.

The Wisconsin Housing and Economic Development Authority on March 27 issued a reminder to prospective applicants for low-income housing tax credits, saying that WHEDA isn’t currently accepting applications for new LIHTC funds authorized by the American Recovery and Reinvestment Act (ARRA), and isn’t accepting applications that identify these funds as a source of financing.