Wisconsin
Wisconsin Waives July 2009 Start Date
The Wisconsin Housing and Economic Development Authority today waived its low-income housing tax credit (LIHTC) program’s July 2009 “start date” rule for 2008 allocations due to tight equity markets that have caused delayed closings and construction starts for many 2008 allocatees.
Census Releases American Housing Survey Metropolitan Reports
Metropolitan reports (in PDF format) from the 2007 American Housing Survey are available for download at the U.S. Census Bureau’s Web site.
Wisconsin Issues Clarification LIHTC Memo
The Wisconsin Housing and Economic Development Authority has issued a memo to provide clarification regarding the policies and requirements it will employ in its 2009 competitive low-income housing tax credit funding rounds. These clarifications address what WHEDA will do with applications that meet or fail to meet the threshold criteria, what it will do with applications that meet the threshold criteria but don’t receive an allocation, which unsuccessful applicants can re-apply in the future, and other areas.