IRS Increases LIHTC and Bond Volume Caps for 2025
LIHTC Per-Capita Multiplier Reaches $3 For the First Time WASHINTON October 28th, 2024 – The IRS announces the per-capita multiplier for the […]
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Priorities of LIHTC Advocates Finally Reached
WASHINGTON January 17th, 2024 – Two key provisions of the Affordable Housing Credit Improvement Act (AHCIA) have been included in a bipartisan […]
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California Helps Preserve Affordability of More Than 600 Homes
LOS ANGELES July 12th, 2023 – California is investing $159.9 million to keep 638 homes affordable for up to 55 more years […]
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South Carolina Bails Out of 2023 9% Round
COLUMBIA June 21, 2023 – Governor McMaster signed a Joint Resolution (S. 739/R. 76) related to Federal Low Income Housing Tax Credits […]
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LIHTC Changes Included in Federal Budget Proposal
WASHINGTON March 22nd, 2023 – The White House budget proposal seeks a major increase to the low-income housing tax credit (LIHTC) program. […]
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Affordable Housing Finance
HUD Awards $3.16 Billion to Public Housing Authorities The funding will go toward modernizing public housing across the country. (WASHINGTON, DC February […]
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Support grows for the Neighborhood Homes Investment Act
WASHINGTON December 15th, 2022 – 124 bipartisan US lawmakers have pledged support for the Neighborhood Homes Investment Act (NHIA), which would offer […]
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U.S. GOVT Annouces Housing Supply Action Plan
WASHINGTON, May 16 2022 – The United States Government announced a Housing Supply Action Plan to ease the burden of housing costs […]
Read moreSouth Carolina Stops 4% Allocations Following Huge Demand
Columbia, SC – 29 Jan 2022 South Carolina saw massive demand for its 4% LIHTC Credit and announced at it has limited […]
Read moreU.S. Senate Proposal to strengthen LIHTC
New Tax Credit Programs Introduced: MIHTC & NHTC Aug. 19, 2021 (WASHINGTON) – Sweeping housing legislation announced today in the U.S. Senate […]
Read moreCongress passed measures strengthening the creation of affordable housing
Congress passed measures strengthening the creation of affordable housing. Highlights of the bill are as follows: Permanent 4% Housing Credit rate: This […]
Read moreHUD: Fair Market Rents for Fiscal Year 2021
The U.S. Department of Housing and Urban Development (HUD) published in last week’s Federal Register a notice of fiscal year 2021 (FY 21) […]
Read moreWorkforce and Senior Affordable Housing Act
South Carolina has joined seventeen other states by enacting a state based affordable housing program that mirrors the federal LIHTC. The goal […]
Read moreHUD COVID-19 FAQs Update: FHA multifamily closings, loan application processing, construction issues
The most recent update provides additional guidance regarding the closings of FHA-insured transactions, loan application processing and projects already under construction: Status […]
Read moreStimulus for Affordable Housing
On Friday March 27th the U.S. Congress passed the CARES (Coronavirus Aid, Relief, and Economic Security Act) the $2 trillion aid package, […]
Read moreBrian Montgomery’s Nominated as HUD’s Deputy Secretary LIHTC Industry Reacts
The U.S. Department of Housing and Urban Development (HUD) announced on 10/9 that Brian Montgomery has been nominated to serve as Deputy […]
Read moreWhite House Commits to Affordable Housing
President Donald J. Trump is Tearing Down Red Tape in Order to Build More Affordable Housing We’re lifting up forgotten communities, creating […]
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