CCAH – California Council For Affordable Housing

The U.S. Department of Housing and Urban Development (HUD) today designated difficult development areas (DDAs) for 2011 for purposes of the low-income housing tax credit (LIHTC) under Section 42 of the Internal Revenue Code (IRC). LIHTC projects in DDAs or QCTs are eligible for as much as 30 percent more LIHTC subsidy than projects not located in DDAs or QCTs. The designations of qualified census tracts (QCTs) under IRC Section 42 published October 6, 2009, remain in effect. More Details....

Recommendations of the LIHTC Program Improvement Task Force More Details....

Recommendations of the LIHTC Program Improvement Task Force More Details....

Recommendations of the LIHTC Program Improvement Task Force More Details....

Click here for details ~ Judge Rules State Can Take $2B from Local Funds More Details....

LIHTC 2010 California Pipeline Survey More Details....

USDA Rural Development ~ Transition Plan Proposal

Date: December 31, 2009 More Details....

5-Year Carryback Legislation Introduced ~  There is light at the end of the tax credit tunnel thanks to the work of Cong. Pascrell (D-NJ) who recently introduced HR-4109.  This bill would permit the carryback of LIHTC for 5 years effective for taxable years beginning after December 31, 2007. More Details....

Congress begins to move on Low Income Housing Tax Credit Proposals! Click to view the California Housing Partnership Corporation’s news release. More Details....

Please click here to view the CCAH Brainstorming Agenda for the upcoming Fall Conference in Palm Springs November 15-17. More Details....