Please share your comments and recommendations with the Housing Tax Credit Team via email.
IFA is currently reserving private activity bond cap for calendar year 2025 for proposed 4% Tax Credit projects. Developers applying for a bond inducement in 2024 must submit their 4% Tax Credit Application within 6 months of the inducement date. Developers need to reach out to the Tax Credit Team to discuss their proposed project prior to submitting an Application Summary. Projects are reserved private activity bond cap on a first come first serve basis for eligible projects that have received their 42M letters.
