Wisconsin

Wisconsin Housing and Economic Development Authority has posted the annual Management Agent Certification Process for the 2018 Low Income Housing Tax Credit (LIHTC) program. 

Online registration is now open.

Take advantage of early registrations with non-profits for $145 and for-profits for $195.

In 2016, $51.6 million in tax credits were awarded to 34 projects; Gov. Walker proposes capping the credit to $10 million.

Registration to open in mid-April.

WHEDA’s on-line LIHTC application – LOLA – is now available for the 2017 cycle.

Wisconsin Housing and Economic Development Authority has posted several changes to the 2017 LIHTC program including an expected pricing range as well as a clause requiring that 85% of funds be committed at time of application.

WHEDA has published the 2017 LIHTC QAP and list of areas that are eligible for points in the Opportunity Zone category.

Wisconsin Housing and Economic Development Authority (WHEDA) is in the process of drafting an Allocation Plan for the National Housing Trust Fund (NHTF). Comments are currently being accepted.

The Wisconsin Housing and Economic Development Authority Risk and Compliance Team completed an in depth review of its Multifamily Best Practices. As a result, WHEDA has made changes to its audit guide.

With the increase in the credit rate from the floating rate of 7.51% (January 2016) to 9%, WHEDA will be reducing the maximum basis boost that may be requested in a competitive LIHTC application.

WHEDA has published Modification #2 to the 2015-2016 Qualified Allocation Plans for the Low Income Housing Tax Credit program.  The modification makes changes and clarifications to some of the scoring categories, and updates procedures for the 2016 LIHTC cycle.  WHEDA anticipates that the 2016 LIHTC application will be available on approximately December 1, 2015. The […]