MSHDA published its new underwriting criteria for monetized credit and TCAP funded developments on Friday, April 17th.  These new requirements will be used to evaluate developments that either turn back 07 and 08 LIHTC reservations or who are seeking 09 monetized and TCAP funding and all other developments, including direct lending developments being financed with [...]

MSHDA has published its ARRA Implementation Plan and conducted one public listening session to encourage developers to turn back their 07 and 08 LIHTC reservations in exhcange for monetized credits and TCAP funding.  The listening session conducted on April 13th was well attending with a full room and at least 75 people calling in to [...]