Tax Credit Allocating

Rates

Tax-Exempt Financing:
7.862%
Preservation Plus:
7.612%
Taxable Bond Rate:
7.860%
Construction Plus:
3.250%
Tax Credit Financing:*
6.750%
*30 year term/15 year yield maint/30 year amort.

Click Subscribe to receive updates via e-mail or to edit your profile.

What's New in Tax Credit Allocating

WHEDA Board Amends the 2009-10 QAP (.pdf) on November 17, 2008.

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.

: 2009 Program; 2008 Program; 2007 Program; 2006 Program; 2005 Program; 2004 Program; 2003 Program

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.

Frequently Asked Questions

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

Data Library

The Multifamily Data Library includes links to Tax Credit Development Financing, such as occupancy rates, operating expenses, tax-credit projects, federally-assisted rental housing, and fair market rents.

Contact

Contact a WHEDA Multifamily Senior Underwriter.

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 Provider List Revised 10/2008: A list of approved independent, third-party capital needs assessment providers.
Market Study Approved Provider List/How to Become an Approved Provider: WHEDA's list of approved independent, third-party market study providers, plus instructions for applying to become an approved provider.

Forms

Forms available in .pdf and .exe formats.

Applicable Federal Tax Credit Percentages

Monthly percentages from year 2004 through current month.

Subscription Service

Please take a few minutes to sign up for WHEDA's improved e-mail subscription service. This service allows you to receive specific announcements based on a user profile of your choice. To make sure you receive all announcements, visit our subscription page to sign up.