The American Recovery and Reinvestment Act of 2009 establishes two new programs providing state Housing Credit allocating agencies with new tools to support Housing Credit-financed rental housing—the Tax Credit Assistance Program (TCAP), administered by HUD, and authority to exchange Housing Credits for cash (the Exchange program), administered by Treasury. Although HUD and Treasury have not provided guidance on state implementation of these programs, some states have published preliminary information on how they intend to implement these new programs.

 

This website provides information on state guidance.

 

Reference Materials

Treasury Exchange and Award Disbursment Information by Project (February 14, 2010)

Treasury Exchange and Award Disbursment Information by Project (January 31, 2010)

Treasury Exchange and Award Disbursment Information (January 25, 2010)

TCAP Activities as of January 25, 2010

HUD TCAP Guidance

Treasury Priority Guidance Plan 2008 - 2009

Treasury Exchange Guidance

(July 9, 2009)

 

NCSHA Correspondence and Related Materials

NCSHA April 28 Letter to Treasury on Exchange Program

NCSHA March 18 Letter to HUD on TCAP

NCSHA ARRA Summary

National Housing Trust Summary of HFA Implementation Plans

 

 

State Housing Credit allocating agency program guidance and related materials:

 

Alabama

Arkansas

California

Colorado

Connecticut

 

Delaware

District of Columbia

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

 

New Jersey

New Mexico

 

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming