In order for a development to be considered for competitive 9% LIHTCs, the developer must complete an application and submit it to NIFA, along with the application fee by no later than 5:00 pm CST on the applicable due date.  Tentative application dates for 2021 are:

Round 1:

  • Threshold Applications Due: December 7, 2020
  • Full Application Deadline: February 1, 2021
  • Reservations Issued: March 19, 2021 (tentative)

Round 2:

  • Threshold Applications Due: April 12, 2021
  • Full Application Deadline: May 17, 2021
  • Reservations Issued: June 18, 2022
  • Approximate amount of tax credits reserved: Balance of LIHTC

CRANE Application Process

The CRANE Program utilizes a three-tier process.  Potential CRANE Program applicants must first submit an email to NIFA with a brief description of the development that includes how the development is CRANE eligible.  Upon review by NIFA, potential CRANE Program Eligible Applicants will be invited to submit a CRANE Application and all required supporting information via the online funding application system, along with a nonrefundable CRANE Application Fee of $500 which must be received in NIFA’s office at the time the CRANE Application is submitted to NIFA. NIFA will notify the applicant if they are CRANE eligible and if the CRANE Application has satisfied all the requirements under the CRANE Program, at which time the eligible applicant must submit a completed LIHTC Application via the online funding application system and the LIHTC Application fee must be received in NIFA’s office on or prior to the time periods specified by NIFA (as outlined in the LIHTC Allocation Plan for 9% LIHTCs and AHTCs).  

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