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News: Program - LIHTC (Tax Credits)
NIFA Accepting Applications For Section 1602 Funds
(3/17/2010)
NIFA announces that applications are being accepted for Section 1602 funds. Applications are due in NIFA’s office at 1230 ‘O’ Street, Lincoln, NE no later than 5:00 p.m. on April 23, 2010. Approximately $3 million is available in this round. To be eligible for an award of Section 1602 funds, the development must be receiving a 2010 award in the 2010 Round Two application cycle or CRANE program for 9% Low Income Housing Tax Credits (LIHTC). Therefore, developments that have submitted a current LIHTC application in CRANE or 2010 LIHTC Round Two may simultaneously apply for Section 1602 funds.
Section 1602 Application For more information, please contact Teresa Kile at 402-434-3900.
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