2015 Low Income Housing Tax Credit (LIHTC) Program
Applications are closed
2015 LIHTC Applicants
Low Income Housing Tax Credits (LIHTC) | High Impact Project Reserve (HIPR) |
Applicant List - 2/2/15 | Applicant List - 8/6/15 |
Award List - 4/23/15 | Award List - 9/29/15 |
Memoranda
- Updated Guidance for Applicants 1/16/15
- Timing of 2015 HIPR Allocation 12/22/14
- Updated Guidance for Category 7
- Historic Tax Credit Guidance - Updated 7/14/14
- 2015-2016 Scoring Change Memo - Updated 7/9/14
- Census Tract Guidance
- 2015 10% Test Due Dates
- 2015 LIHTC Results and Scoring Summary
2015 Sample Application, Self-Scoring Exhibit and Checklists
- 2015 LIHTC Self-Scoring Exhibit
2015 Appendices and Other Required Materials
Appendices and other 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. Log in to your eWHEDA account to access LOLA .
Competitive applications will be accepted January 15 – January 29, 2016 (5:00 p.m. CST). Noncompetitive applications accepted January 4 – December 29, 2016 (5:00 p.m. CST). See the 2015-2016 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.
2015 Eligibility
Income and Rent Limits
- Standard MTSP (Multifamily Tax Subsidy Project)
For tax credit and/or tax exempt bond-financed projects place in service 3/6/2015 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 (QAP)
Additional Credit Guidance
Securing additional tax credits for existing Section 42 LIHTC developments. Available here