Pre-Application Requirements for 2021 4% LIHTC/AHTC/Bonds

Pre-Application Requirements for 2021 4% LIHTC/AHTC/Bonds

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.875%*
First Home Targeted 6.375%* 5.875%*
First Home 6.625%* 6.125%*
Homebuyer Assistance (HBA) 6.875%* - 1st loan
1.000%* - 2nd loan
6.375%* - 1st loan
1.000%* - 2nd loan
Welcome Home++ 7.375%* 6.875%*
Welcome Home Assistance (WHA)++ 7.625%* - 1st loan
1.000%* - 2nd loan
7.125%* - 1st loan
1.000%* - 2nd loan

Last changed 04/18/2024 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

++An origination fee up to 0.50% of the loan amount may be charged by Lender.

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Pre-Application Requirements for 2021 4% LIHTC/AHTC/Bonds

In connection with the Pre-Application requirements for the 2021 4% LIHTC/AHTC/Bonds due on February 12, 2021, NIFA will not require an Intent Resolution from the Bond Issuer (in the case the applicant is not requesting that NIFA be the issuer). The Intent Resolution from the Bond Issuer must be submitted with the 2020/2021 LIHTC, AHTC, HOME, CDBG-DR and National Housing Trust Funds Application due on March 19, 2021. The Intent Resolution should be uploaded with Exhibit 110 – Permanent Financing.

If you have any questions, please contact txcr.multifamily@nifa.org.