State Briefs
By Caitlin Jones
1 min read
Tax Credit Advisor, November 2009:
Arizona Solicits Applications for Funds
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.
(http://www.azhousing.gov/azcms/uploads/INFO%20BULLETINS/IB%2024-09%20NOFA%20NSP.pdf)
Oregon Announces Awards
Oregon Gov. Ted Kulongoski on 9/30/09 announced reservations totaling $28.6 million in federal Tax Credit Assistance Program and credit exchange funds to assist the completion of 17 low-income housing tax credit projects located throughout the state. The projects will provide 725 affordable rental units.
(http://www.paroleboard.state.or.us/OHCS/DO/COM/docs/2009NewsReleases/09-30-09-NewRelease.pdf)
North Carolina Issues Second Draft of QAP
The North Carolina Housing Finance Agency has issued the second draft of its qualified allocation plan for its 2010 low-income housing tax credit program, and a summary of proposed changes.
