Wednesday, March 10, 2010

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State Tax Credit Allocating Agencies

Featured QCT/DDA/LIHTC Listings
10 year Ownership, Historic (15 pts), TIF District-Tax Abatement (50 pts) & Location (20 pts) in Davenport, Iowa
Historic Buildings, QCT
Davenport, Iowa
30,754 SqFt
C-4, allows for multi-family residential
Historic Building w 10-yr in Enterprise Zone and TIF District
Historic Buildings, QCT
Rock Island, Illinois
60,000 SqFt
B-3, allows for multi family units on floors 2-4. In the process of obtaining a variance to allow for residential use in the basement and 1st floors.
5 pts (out of 5) for Local Housing Needs Score and 30% Eligible
Vacant Land, Non-QCT/DDA
Vincennes, Indiana
10.00 Acres
R-1, see attached for restrictions

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Live QCT/DDA/LIHTC Statistics

134 Total Available Listings

24 Available
Historic Buildings
18 Available
DDA
103 Available
Vacant Land
9 Available
Non-QCT/DDA
7 Available
Apartments
107 Available
QCT

Upcoming LIHTC Deadlines

March 19 - Tennessee
April
May
Sponsors
Fielder & Associates Ice Miller - Legal Counsel Tax Credit Advisor Newsletter - Click for details The Sterling Group