Rental Developers

- What we offer

- Housing 400 Initiative

- Does my project qualify?

- Qualified Allocation Plan (QAP)

- Fair Housing Act self-evaluation

- Housing Credit application process

- Tax-exempt bond process

- Timelines & events

- Income limits

- Development portfolio

- Housing NC Awards

- Understanding Section 3

- TCAP/Exchange Programs

Owners / Managers

Resources

2009 Housing Credit Awards

Draft 2010 QAP

Final TCAP Criteria

Revised Exchange Criteria

Final Cost Certification Form

10% Cost Certification Form

Planning an Opening

Tax-Exempt Bond Process

The North Carolina Housing Finance Agency will be accepting applications for 2010 tax-exempt bond volume and 4% tax credits. Both new construction and rehabilitation projects will be eligible. Proposals for 9% tax credits will not be accepted.

Applications are submitted through our online housing tax credit application. You will also need to submit a paper application with signature and required exhibits, but the online application provides interactive checks that help ensure that you meet all submission requirements. If you have a user ID and password from the previous application cycle, you can use that user ID to access the system and create new applications. Otherwise, you will need to create a new user ID and password before creating applications.

The schedule for the applications is as follows:

All proposals must comply with the 2009 Qualified Allocation Plan. Please review the QAP and all appendices prior to submitting an application.