Housing Tax Credit Program
The American Recovery and Reinvestment Act includes two provisions for the Housing Tax Credit Program:
- Title XII of the Recovery Act appropriated $2.25 billion for the Tax Credit Assistance Program (TCAP). $18.9 million was allocated for the State of Iowa. IFA was notified on June 22, 2009 that the U.S. Department of Housing and Urban Development approved IFA’s submission for the $18.9 million.
- The ability for State tax credit allocating agencies to exchange certain allocations for cash from the U.S. Treasury (Section 1602). IFA was awarded $72.7 million in Section 1602 funds from the U.S. Treasury on June 4, 2009.
TAX CREDIT ASSISTANCE PROGRAM (TCAP)
See a list of the Iowa housing developments that have received funds from TCAP.
2010.12.13 Memorandum on Restrictions on Lobbying
IFA TCAP Application Submission Packet to HUD (Posted 6/3/09)
Tax Credit Assistance Program (TCAP) Project Selection Process and Criteria (Posted 6/3/09)
IFA Final Tax Credit Assistance Program (TCAP)Project Selection Process & Criteria (Posted 6/23/09)
Public Comments and IFA Response to Draft TCAP Project Selection Process & Criteria (Posted 6/3/09)
TCAP Performance Report 9-6-11
TCAP Request for Information Form (Posted 6/23/09)
TCAP Rental Housing Spreadsheet (Posted 6/23/09)
TCAP Rental Housing Spreadsheet Instructions (6/24/09)
TCAP Scoring Form (Posted 6/23/09)
Restrictions on Lobbying
HUD TCAP Overview
TCAP Agreement Exhibit D (Disbursement Procedures) (Updated 3/10/10)
TCAP Draw Request Exhibits H,A,C,D,E,F
Davis Bacon & Related Acts Fact Sheet
TCAP IDIS Close-Out Form
HUD TCAP QUESTIONS & ANSWERS
Davis-Bacon Prevailing Wage Requirements (Posted 6/4/09)
HUD TCAP Questions & Answers on Federal Reporting (Posted 10/2/09)
Interpretive Guidance on Lead Based Paint for the Tax Credit Assistance ProgramRevised TCAP Program Income Questions & Answers (Posted 7/21/09)
Lead-Safe Housing Rule for Target Housing
National Environmental Policy Act (NEPA) & Related Laws
Restrictions on Lobbying
Section 504 of the Rehabilitation Act of 1973
SECTION 1602 PROGRAM (EXCHANGE)
See a list of the Iowa housing developments that have received funds from Section 1602.
Section 1602 Project Selection Process & Criteria (Posted 6/11/09)
IFA Section 1602 Request for Information Form (Posted 6/23/09)
Section 1602 Rental Housing Spreadsheet (Posted 10/25/11)
Section 1602 Rental Housing Spreadsheet Instructions (Posted 6/24/09)
Section 1602 Scoring Form (Posted 6/18/09)
Exhibit D - Disbursement Procedures (Updated 3/10/10)
Section 1602 Draw Request Exhibits
IFA Memo to 1602 Recipients and Subawardee Report of Expenditures as of 12-31-10
TREASURY HOUSING CREDIT EXCHANGE PROGRAM STATE 1602 REPORTS (Reporting.Iowa.gov)
4th Quarter 2011 State 1602 Report
3rd Quarter 2011 State 1602 Report
2nd Quarter 2011 State 1602 Report
1st Quarter 2011 State 1602 Report
4th Quarter 2010 State 1602 Report
3rd Quarter 2010 State 1602 Report
2nd Quarter 2010 State 1602 Report
US TREASURY SECTION 1602 FREQUENTLY ASKED QUESTIONS
Section 1602 FAQs
DOCUMENTS
TCAP & Section 1602 Exhibit F - Section 42 Monthly Compliance Form
1602 & TCAP Fraud Prevention & Reporting Policy
Treasury's Recapture Guidance - August 2010
Reporting & Document Submission Timeline for 1602 Recipients
Reporting & Document Submission Timeline for TCAP Recipients
Section 1602 Clarifications: IRS Notice 2010-18 (Posted 3/17/10)
OMB Updated Guidance on ARRA - Data Quality, Non-Reporting Recipients & Reporting of Job Estimates
24 CFR Part 87 Certification
Disclosure of Lobbying Activities SF-LLL
Section 1602 & TCAP Guidance Questions & Answers (Posted 6/26/09)
NAHB Local Economic Impact of Tax Credit Projects (Posted 6/19/09)
Affirmative Fair Housing Marketing Tips
TCAP QUARTERLY PROGRESS REPORT SUBMITTED TO RECOVERY.IOWA.GOV
IFA's quarterly report on recovery.gov
2011 4th Quarter Report
2011 3rd Quarter Report
2011 2nd Quarter Report
2011 1st Quarter Report
2010 4th Quarter Report
2010 3rd Quarter Report
2010 Revised 2nd Quarter Report
2010 2nd Quarter Report
2010 1st Quarter Report
2009 4th Quarter Report
2009 3rd Quarter Report
1602 QUARTERLY PROGRESS REPORT
IFA Section 1602 Quarterly Progress Reporting
2012 IFA Quarterly Progress Report Template
1602 QUARTERLY PROGRESS REPORT SUBMITTED TO TREASURY
2010 Revised 4th Quarter Report
2010 4th Quarter Report
2010 3rd Quarter Report
2010 2nd Quarter Report
2010 1st Quarter Report
2009 4th Quarter Report
2009 3rd Quarter Report
TREASURY POST AWARD SECTION 1602 REPORTS
Annual Report of Compliance
2010 Report dated July 2011
Report of Eligible Basis
2010 Report dated July 2011
RESOURCES
Code of Federal Regulations
Federal Recovery
HUD CPD Notice 09-03
HUD CPD-09-03-REV (7/27/09)
HUD Recovery
Recovery.Iowa.gov - TCAP recipients
Recovery Act Fraud Hotline Poster
United States Department of Labor
U.S. Department of the Treasury
U.S. Government Federal Accountability Office Fraud/Abuse Reporting
Whistleblower Poster
For more information contact:
Carla Pope
800.432.7230
