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2012 Tax Credit Program

10% Due Dates

10% test due dates

2012 LIHTC Applicants

Memoranda

2012 Sample Application, Self-Scoring Exhibit and Checklists

Credit must be requested electronically via LOLA, WHEDA's online application system. This sample document cannot be used to apply for credit.

2012 Application, Appendices and Other Required Materials

Appendices and required materials provide instruction/information needed to prepare a LIHTC application.

LIHTC OnLine Application (LOLA)

  • Applications for Credit must be submitted electronically using LOLA, WHEDA’s LIHTC OnLine Application.  Sign up or access an existing account.
  • Competitive applications will be accepted January 20 – February 3, 2012 (5:00 p.m. CST). Noncompetitive applications accepted January 4 – December 29, 2012 (5:00 p.m. CST). See the 2011-12 QAP for cycle details.
  • Getting to Know LOLA
    Complete instructions on how to use LOLA to submit an application  
 
 

EMERGING BUSINESS AND WORKFORCE DEVELOPMENT PROGRAM

The Emerging Business Program encourages the involvement, utilization,
and development of economically disadvantaged businesses in the State of
Wisconsin. Participation is required with an award of Low Income
Housing Tax Credits (LIHTC) in certain counties in Wisconsin, and is
voluntary in others. The companion Workforce Development Program, was
created to help unemployed and underemployed individuals obtain living
wage jobs in areas and counties surrounding LIHTC developments. Please
refer to the Program Manual for details.

Eligibility

2012 Income and Rent Limits

  • Standard MTSP (Multifamily Tax Subsidy Project)
    For tax credit and/or tax exempt bond-financed projects  placed in service 1/1/09 or later, or those not in HUD 'hold harmless' areas.
  • HERA Special
    For projects placed in service on or before 12/31/08 in HUD designated 'hold harmless' areas. Do not apply to HUD, RD, and HOME projects.

Qualified Allocation Plan

ADDITIONAL CREDIT GUIDANCE

Securing additional tax credits for existing Section 42 LIHTC developments. Available here in a .pdf format.

2012 LIHTC Developer's Focus Group Presentation