Caitlin Jones • 3 min read
Tax Credit Advisor, December 2009: The U.S. Department of Housing and Urban Development (HUD) is exploring ways to enhance its rental assistance programs and may unveil some new initiatives as early as next February in its FY 2011 budget proposal, according to HUD official Barbara Sard.
Caitlin Jones • 1 min read
Tax Credit Advisor, December 2009:
The Colorado Housing and Finance Authority (CHFA) has released a draft 2010 qualified allocation plan (QAP) for its low-income housing tax credit program. The draft is subject to modification after consideration of comments from the Tax Credit Advisory Committee and the public, and is subject to review and approval by CHFA’s board of directors.
Caitlin Jones • 1 min read
Tax Credit Advisor, December 2009:
The Colorado Housing and Finance Authority has published its new Green Communities Criteria and Certification Form. Beginning in 2010, to be eligible for low-income housing tax credits from CHFA, a project must comply with all of the mandatory provisions of the Green Communities criteria.
Caitlin Jones • 3 min read
Tax Credit Advisor, December 2009: Living near public transit is something most Americans once tried to avoid.
Today, things are different. Living near transit, such as on or by major bus lines or subway or light rail stops, is not only desirable but fashionable. So-called transit-oriented development – building housing units close to mass transit – is a key element of the popular planning and design philosophy called New Urbanism.
Caitlin Jones • 2 min read
Tax Credit Advisor, December 2009: The National Housing & Rehabilitation Association (NH&RA), in association with the National Trust Community Investment Corporation, a subsidiary of the National Trust for Historic Preservation, presented its 2009 J. Timothy Anderson (“Timmy”) Awards for Excellence in Historic Rehabilitation at an awards ceremony in Boston on November 3 as part of the NH&RA 2009 Fall Forum conference.
Caitlin Jones • 13 min read
Tax Credit Advisor, November 2009:
A mixed-used development in Memphis, an independent senior living facility for seniors in New York, and a mixed-income apartment project created from a former chocolate factory in Massachusetts are just a few of the projects named finalists in the 2009 J. Timothy (“Timmy”) Awards for Excellence in Historic Preservation.
Caitlin Jones • 12 min read
Tax Credit Advisor, November 2009:
By A.J. Johnson
On September 25, the Internal Revenue Service released the revised 8823 Guide. The Guide is intended to provide assistance to state housing credit agencies in completing IRS Form 8823, which is filed with the Service to report incidents of noncompliance in low-income housing tax credit (LIHTC) projects, or the correction of noncompliance.
Caitlin Jones • 3 min read
Tax Credit Advisor, November 2009:
The Kentucky Housing Corporation has released its final qualified allocation plan (QAP) for its 2010 low-income housing tax credit (LIHTC) program.
Caitlin Jones • 1 min read
Tax Credit Advisor, November 2009:
The Arizona Department of Housing has issued a notice to solicit applications by 12/15/09 for funds available under the Neighborhood Stabilization Program for the redevelopment of foreclosed multifamily rental housing projects to serve persons at or below 50% of the area median income.
Caitlin Jones • 4 min read
Tax Credit Advisor, November 2009:
By Marty Bell
For Lisa Alberghini, the inspiration has always been family. The house where she grew up in the working class town of Burlington, Mass., 15 miles north of Boston, along with six brothers and sisters, is still the home to five generations of her family, beginning with her 103-year-old grandmother.
Caitlin Jones • 5 min read
Tax Credit Advisor, November 2009:
By Marty Bell
David A. Smith is an energy machine. Standing before a room full of Washington housing professionals to present his newest innovative idea, Mission Entrepreneurial Entities (MEEs), he is the peripatetic college professor you always wanted to have, the orchestra conductor, the ringmaster.
Caitlin Jones • 5 min read
Tax Credit Advisor, November 2009:
The National Housing & Rehabilitation Association (NH&RA) will present its 2009 Affordable Housing Vision Award to two Bostonians for outstanding accomplishments and leadership in the field of affordable housing, at a November 2 ceremony in Boston during the NH&RA Fall Developers Forum.