Multifamily LIHTC Pilot Program Cap Removal & Tenant Protection Voucher Resources
HUD's Office of Multifamily Housing Programs is removing the $25 million cap for Low-Income Housing Tax Credit (LIHTC) Pilot Program transactions that fall under new construction and substantial rehabilitation (Section 221(d)(4) and Section 220 programs).
Removing Cap on Low-Income Housing Tax Credit Pilot Program Transactions
HUD's Office of Multifamily Housing Programs is removing the $25 million cap for Low-Income Housing Tax Credit (LIHTC) Pilot Program transaction that fall under new construction and substantial rehabilitation (Section 221(d)(4) and Section 220 programs).
This change is in alignment with HUD'S Strategic Goal to increase the supply of affordable rental housing. Eliminating the cap will expedite processing for eligible applications. All other eligibility and processing requirements for the pilot program specified in HN 2019-03 remain the same.
Tenant Protection Voucher Training Resources
Thank you for attending the Tenant Protection Voucher Training that took place on May 16th. Here is a link to the PowerPoint and Q&A resources from the session.
For any additional questions, please reach out to AssetManagementPolicy@hud.gov.
|
|
