April 29, 2021
HOME Funds Available for 2021 9% LIHTC Applicants
2021 9% LIHTC Applicants:

On April 7, 2021, the IFA Board approved the First Amended 2020-2021 9% QAP which added a provision in Section 3.4 – HOME Funds, that states, “At IFA’s discretion, IFA reserves the right to allow HOME funds to Projects in other set-asides or the General Pool to be eligible to apply for HOME funds”.

IFA has made the decision to allow all 2021 9% LIHTC Applicants to apply for HOME funds.

APPLICATION PERIOD:
Open: May 10, 2021 | 8:00 a.m.
Close: May 12, 2021 | 4:30 p.m.
 
If you are intending to apply for State HOME funds, complete the HOME section in the online application and attach the appropriate information.

IFA shall jointly review applications applying for HOME funds and Tax Credits. Additional points will not be awarded to an applicant that seeks HOME funding. IFA has the sole and final authority with respect to any reservation of Tax Credits or HOME funds.

Please contact the Housing Tax Credit Team with questions.