Skip to content
CLOSE MENU

Lieutenant Governor Eric Holcomb

Search events. View events.
 

Lieutenant Governor

Submit Events

Welcome to the IN.gov Calendar. Please use the Help button to the right for any assistance while using the Calendar.

Click for help in using calendar displays. Print the contents of the current screen.

Advanced Search

(New Search)
  From:
  To:

 

 

 


Submit
Entry Details
Notify me if this event changes.Add this event to my personal calendar.Email this entry to a friend.
Go Back
Lt. Governor Ellspermann announces $13.3 million in Rental Housing Tax Credit allocations for 18 affordable housing developments
Start Date: 2/25/2016Start Time: 12:00 AM
End Date: 2/25/2016
Entry Description

INDIANAPOLIS – Lt. Governor Sue Ellspermann announced today that the state is awarding more than $14.3 million in rental housing tax credits to 18 multi-family housing developments throughout Indiana. Project activities include new construction, rehabilitation, adaptive reuse (conversion of existing structures), and the preservation of historic buildings funded through the Internal Revenue Service Section 42 Rental Housing Tax Credit (RHTC) program.

"Rental Housing Tax Credits are one of the most important tools we have to encourage the production of affordable housing," said Lt. Governor Ellspermann, who chairs the Indiana Housing and Community Development Authority (IHCDA). "The 18 new projects will contribute greatly to the overall development and stabilization efforts of these communities."

IHCDA administers and manages the federal credits, which provide incentives for private developers to further the affordable housing choices available throughout Indiana. The 2016 RHTC allocation totaling $14.3 million will fund over 800 housing units.

With fifty applications received in November 2015 requesting just under $42.4 million in federal rental housing tax credits and $16.1 million in supplemental IHCDA funding, the RHTC program is highly competitive.

RHTC

Click here for a full list of applications and awards.

Contact: 
Brad Meadows 
Marketing & Communications Director
Indiana Housing & Community Development Authority
brmeadows@ihcda.IN.gov
(317) 234-1745

Default
Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Government
  • Agency Name
    Lieutenant Governor

    Calendar Software powered by Active Calendar and Active Data Calendar   
    Select item(s) to Search






    Select item(s) to Search
    Select item(s) to Search


    Select item(s) to Search