mf prop mgr

LOW-INCOME HOUSING TAX CREDITS

  • 2011-12 QAP - Bundled .pdf document includes Governor's letter, Major Change Document, and QAP.

  • 2011-12 Sample Self-Scoring Exhibit - Credit must be requested electronically via LOLA, WHEDA's online application system. This sample document cannot be used to apply for credit.

  • 10% Test  due dates  - Excel file (34  KB)  -  Revised 8/4/10

  • 2010 LIHTC Award List :  Competitive Application Results - pdf file (30 KB)

  • Construction-site signage specifications for WHEDA financed developments can be found at Tools or in the Appendices section on the latest tax credit program page.

Allocating
Monitoring
Forms &
Manuals
Regulations &
Guidance
Resources

TAX CREDIT ALLOCATING

Affordable Housing Tax Credits offer a reduction in tax liability to property owners and private investors to encourage the development of affordable rental housing.

Tax Credit Allocating Program

Year-specific information, including QAP, application, award and reservation lists, fast facts, income and rent limits, and other pertinent information.

Earlier years' information may be requested by contacting a Multifamily Senior Underwriter.

How to Use Tax Credits


Introduction to Tax Credits
Basic introduction to the tax credit program.
New to Low Income Housing Tax Credits?
Provides a brief outline of the tax credit application process.
Using 4% Credit with Tax-Exempt Bond Financing
Explains how to combine credit with tax-exempt bond financing.
On-Demand Training
Videos on the tax credit process that you may view at your convenience

Frequently Asked Questions

FAQs list questions and their answers to commonly asked questions about Tax Credit Allocating.

Contact

Contact a WHEDA Multifamily Senior Underwriter.

Qualified Allocation Plan (QAP)


Guidelines

The following guidelines will now be year-specific Appendices to the LIHTC Application and can be found by clicking on the appropriate program year in the left column:

  • Capital Needs Assessment Policy and Standards
  • Developer Scope of Work Requirements
  • Developer Fee Policy
  • Market Study Guidelines (revised October 2006)

Capital Needs Assessment Providers Revised 10/2009
A list of approved independent, third-party capital needs assessment providers.

Market Study Providers
WHEDA's list of approved independent, third-party market study providers, plus instructions for applying to become an approved provider.

Applicable Federal Tax Credit Percentages

Monthly percentages from year 2006 through current month.