HPD provided more than $8 million toward the project, including more than $7 million through its Supportive Housing Loan Program (SHLP), and $1 million in American Recovery and Reinvestment Act (ARRA) Tax Credit Assistance Program
As of March 31, 2010, HUD's Capital Fund awarded nearly $3 billion in grants to 3,134 public housing agencies, the Community Development Block Grant-Recovery (CDBG-R) awarded about $1 billion to 1,167 recipients, and the Tax Credit Assistance Program
(TCAP) awarded $2.25 billion to 52 state housing finance agencies.
Department of Housing and Urban Development, city of Eugene, Eugene Water & Electric Board, Oregon Department of Justice, Collins Foundation, Federal Tax Credit Assistance Program
stimulus funds, individual donors and community sponsors
The development is backed with a low-income housing package through the Arkansas Development Finance Authority that includes $3.85 million from the Section 1602 exchange program, $900,000 from the home program and $503,568 from the tax credit assistance program
Nicholas Lettire, co-founder of Lettire Construction, sat down with the New York Times to discuss affordable housing developments, building with the federal Tax Credit Assistance Program
and facing criticism from laborer's unions.
The HUD-administered Tax Credit Assistance Program
, or TCAP, and the U.S.
The projects will receive federal Low Income Housing Tax Credits, Tax Credit Assistance Program
funds or direct federal financing in lieu of tax credits, as well as HOME funds through the U.S.
* to finance the construction of affordable rental housing: $2.25 billion for Tax Credit Assistance Program
The Richman Group Development project, built in part through funds from the Tax Credit Assistance Program
, is seeking silver LEED certification.
The developments are among the first in the nation to utilize funds from the Tax Credit Assistance Program
(TCAP), which were allocated to the State of New York through the American Recovery and Reinvestment Act of 2009.
Cestero announced the recipients of the agency's second round of funding from the American Recovery and Reinvestment Act's Tax Credit Assistance Program
The projects are among the first in the country to start construction utilizing the Tax Credit Assistance Program
(TCAP) funds, which were allocated to New York State under the American Recovery and Reinvestment Act of 2009.