State of Nevada


  NEVADA HOUSING DIVISION
"Serving Nevadans' Housing Needs For Over 25 Years"

Seal of Nevada
 

"Section 1602 Program Bulletin #1602-2 October 20, 2011: Revisions to Program Procedures"

ARRA Funds
TCAP Awards

QAP Bulletin
Regarding Equity Pricing for 2011 TC Projects

FINAL 2011 QAP INFORMATION BELOW

Based upon changes that have occurred with the Environmental Assessment (EA) process,
EA FORM

must be provided to any Developer that may be requesting HOME/Tax Credit/Bond funds for their project(s).

 










 

 

LOW-INCOME HOUSING TAX CREDIT PROGRAM

NEW!!!  2013 TAX CREDIT APPLICATIONS RECEIVED

Latest Update!
2013 QAP Application FINAL

  2013 QAP Final (effective 12-7-12) no redlines
2013 QAP Final (effective 12-7-12) redlines
2013 QAP Table of Contents
        

Continuation of November 15 Housing Advisory Committee Meeting
November 21, 2012- 9:00 am Conference Call

2013 QAP 3rd Draft Issued November 19 2012- No Redlines v-3 (pdf)
2013 QAP 3rd Draft Issued November 19 2012- Redline v-3 (pdf)

Note: These documents will be discussed during the continuation of the Housing Advisory Committee meeting on November 21, 2012, at 9 a.m. via conference call. Interested parties may participate in the meeting by dialing 888-636-3807 and entering passcode 3042696.

Housing Advisory Committee Agenda for
November 15, 2012

"The 2nd Draft of the 2013 QAP for LIHTC will be discussed at a public hearing held as part of the Division's Housing Advisory Committee meeting, noted above, on November 15, 2012, at 1:15 p.m.  Comments on the 2nd Draft of the 2013 QAP for LIHTC may be submitted in advance of the public hearing to Hilary Lopez at hlopez@housing.nv.gov or at our Carson City office."

2013 Qualified Allocation Plan (QAP)
New Documents as of 11/08/12

2nd Draft of 2013 QAP -- REDLINED
2nd Draft of 2013 QAP -- NO REDLINES

Appendix A:
Planned Expenditures by Component

Appendix B:
Market Study Guide

Appendix C Updated -- QAP Required Energy Analysis Forms

 

2012 LIHTC Reservations -- REVISED September 18, 2012

2012 LIHTC RESERVATIONS
(Issued September 11, 2012)

2012 LIHTC FINAL SCORES!!!
(Issued September 11, 2012)

2012 LIHTC Application Preliminary Scores -- Released 8-28-12

2012 Tax Credit Applications Received

NHD 2012 Qualified Allocation Plan for Low-Income Housing Tax Credits -- Adopted December, 5, 2011

Attachments for 2012 QAP
Table of Contents 
Application
Exhibit 1
Appendix C

Appendix A:
Planned Expenditures by Component

Appendix B:
Market Study Guide

Appendix C:
Required Energy Analysis Forms

"NHD Section 1602 Program Bulletin #1602-2 REVISED and REISSUED November 4, 2011"

NHD 2012 Notice of Public Hearing on October 24, 2011
NHD 2012 Qualified Allocation Plan (QAP) for Low Income Housing Tax Credits 1st Draft Sept. 23, 2011

2012 QAP 2nd Draft Nov. 9, 2011

RFP Notices for the Low Income Housing Tax Credit Program
Qualified Contract Procedure
RFP for CPA Services
RFP for Real Estate Marketing Services

POLICY REGARDING 2011 LIHTC RENT & INCOME LIMITS

The Tax Credit Program is a federally regulated state administered program designed to help eliminate the funding gap in the creation of low- and very low-income housing projects.  Federal Tax Credits, awarded on a competitive basis, provide equity financing for affordable housing projects.

The Housing Division develops an annual Tax Credit Allocation Plan pursuant to Section 42 of the Internal Revenue Code.

The Low-Income Housing Tax Credit Program creates economic incentives to for-profit or non-profit developers to produce low-income housing. Approximately $3.0 million in tax credit is available annually in Nevada. Tax credits can be used to cover the cost of construction or rehabilitation of rental units. Projects in these categories may be eligible for up to 9% in tax credit.

Most multi-family apartment projects which need $5+ million in financing elect to finance with federal tax exempt private activity bond. See Multi-Family Financing. Projects utilizing private activity bonds may also be entitled to a 4% (approximate) tax credit on certain projects. These tax credits are allocated outside the state's ceiling cap and do not effect the annual allocation.

Low-Income Housing Tax Credit 2011 Reservations
2011 LIHTC Applications Scores
2011Low Income Housing Tax Credit Applications Received

2011 FINAL QAP Application
Exhibit 1:
Application
Exhibit 2:
Energy Requirement Documents
Exhibit 3:
Application Exhibits and Back-up Information

2010 LIHTC Reservations
2nd Draft of NHD's 2011 QAP for LIHTC

Notice of Public Hearing - 2011 Qualified Allocation Plan for Low Income Housing Tax Credits   Reno and Elko Locations

2010

Final Reservations for 2010
Final 2010 LIHTC Application Scores
                  (Note: Scores do not guarantee a reservation of tax credits)

2010  LIHTC Application Scores
(Note: The scores are preliminary and do not guarantee a reservation of tax credits.)

2010 Low Income Housing Tax Credit Applications Received (5-7-10)
2010 QAP Allocation Plan Application
2010 QAP Final dated 3/15/10
2nd Draft of 2010 QAP dated 12/7/09

Draft of 2010 QAP dated 10/26/09

      

2009
2009 Tax Credit Reservations-Revised-Posted February 11, 2010
NHD 2009 Tax Credit Reservations -- Revised September 17, 2009
NHD 2009 Tax Credit Reservations -- September 15, 2009
2009 Final QAP Application Scores

2009 Tax Credit Applications Received
2009 QAP Allows for Increases in Per Project and Sponsor Cap2009 Tax Credit Application Preliminary Scores Issued Aug. 4, 2009
 Note:  Scores are subject to change and do not guarantee a reservation of tax credits.  Final scores will be posted in the near future.  Please contact Hilary Lopez at hlopez@housing.nv.gov with any questions.
NHD Announces QAP Application Extension to 7/10/09
Memo Regarding Changes to 270-Day Deadline
2009 LIHTC Allocation Estimate
2009 Low-Income Housing Tax Credit APPLICATION
(Fillable Form)
2009 QAP Project Cost/Uses Worksheet.  (Please use in lieu of the cost/uses section of the 2009 QAP Application.)
BULLETIN: 2009 Tax Credit Pricing for Affordable Housing Developers
Final 2009 Low Income Housing Tax Credit Qualified Application Plan (QAP)
Further Guidance for Requests for Additional Tax Credits -- Elimination of 10% Cap
Process for Requesting a Forward Commitment of Additional Tax
(First Staff Memo) Staff memo Overview of Significant Proposed Changes to the First Draft 2009 QAP (dated 08/15/08)
2009 QAP First Draft 2009
2009 QAP Draft with red linesNotice of Public Hearing

 

 

American Recovery and Reinvestment Act of 2009
Tax Credit Assistance Program (TCAP)


Submissions and Project Rating and Ranking Criteria (4-5-10)
TCAP Program Bulletin Sept. 30, 2009 -- Asset Management Fees

Please note: The amendment to the TCAP Criteria and those projects in receipt of TCAP funds will be subject to the info/fees contained therein.
TCAP Scores -- Revised on Sept. 10, 2009
TCAP Program Bulletin Sept. 30, 2009 -- Asset Management Fees.

Please note: The amendment to the TCAP Criteria and those projects in receipt of TCAP funds will be subject to the info/fees contained therein.
NHD Selects TCAP Asset Manager
2009 TCAP Applications Received

TCAP Scores -- Released Sept. 9, 2009
Tax Credit Assistance Program - FINAL, HUD Approved
Informational Notices and Guidelines
Final Rating and Ranking Criteria
Final RFP for Multi-Family Construction and Asset Management Services
NHD Receives Seven Proposals for Asset Management Services

Revisions for TCAP Applications
 

 

American Recovery and Reinvestment Act of 2009
Tax Credit Exchange Program (TCEP)

Revisions for Section 1602 Procedures (4-2-10)

FINAL Section 1602 Procedures -- Oct. 1, 2009
FINAL Section 1602 Procedures -- Oct. 1, 2009
Proposed Section 1602 Project Criteria and Program Procedures
Proposed Section 1602 Project Criteria and Program Procedures may be updated from time to time and interested parties are encouraged to check the website frequently for updated versions.  Updated versions will have an updated watermark for ease of identification.
Public Information Session on Proposed Section 1602 Project Criteria and Program Procedures (Note:  In addition to the Carson City and Las Vegas locations, a third video conference location will be made available for participants in Elko at the Great Basin College, High Tech Center, Room 137)

 


Syndicator/Investor Information
developer.htm
Sec. 221 d3 Per Unit Limits Effective 6/14/2006
 
(Note:This information will be updated when more current information is released.)
 
LIHTC Monitoring and Compliance

For further information or questions, please contact:

Las Vegas Office
Mark Licea

mlicea@housing.nv.gov

 

 

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Last Updated: 05/07/13 12:01:27 PM