July 5, 2016

LIHTC Income Averaging

Check out this LIHTC Fact Sheet from our friends at the National Housing Conference
July 12, 2016

Key State Affordable Housing Bills Signed Into Law

We are pleased to report that, on July 1, Governor Brown signed into law SB 873 (Beall). This legislation increases the value of the State Low Income Housing Tax Credit by allowing credits to be “certificated” by nonprofit affordable developers. The legislation was cosponsored by State Treasurer John Chiang and the California Housing Partnership Corporation (CHPC) and supported by NPH. Find details here   Governor Brown also signed into law AB 1618, the legislative vehicle for Senate President pro Tem Kevin…
October 4, 2016

TCAC Public Hearing: Qualified Allocation Plan

Join NPH in Oakland October 4th for TCAC’s public hearing to review proposed changes to the Low Income Housing Tax Credit Qualified Allocation Plan.  Please review the proposed regulation changes with initial statement of reasons here and click here for more logistics on the hearing.    Additional TCAC updates can be found here.
November 1, 2016

New LIHTC Advocacy Fact Sheet for California.

NHC's new fact sheet shows how income averaging would enable the Low Income Housing Tax Credit (LIHTC) Program to better serve households across the low-income spectrum.