• First-round deadline approaching late March 2026
• Emphasis on workforce housing targeting 60-80% AMI households
• Scoring preferences for Qualified Census Tracts and high-opportunity areas
• State Development Fund provides gap financing layering with federal credits
• 4% pipeline active with new 25% bond threshold implementation
• Updated guidance for bond-financed developments
• Pre-application workshops scheduled for March in Indianapolis

First-time LIHTC developers should consider partnering with experienced firms to strengthen applications in this competitive market.

Subscribe to The Spring Street Brief for daily updates on state QAP deadlines, LIHTC application requirements, and affordable housing development opportunities.

Keywords: Indiana Housing and Community Development Authority, IHCDA, LIHTC application, Rental Housing Tax Credit, 9% LIHTC, 4% LIHTC, Indiana affordable housing, QAP, Qualified Allocation Plan, Development Fund, workforce housing, 60% AMI, 80% AMI, Qualified Census Tract, QCT, high-opportunity area, private activity bonds, 25% bond threshold, tax-exempt bonds, gap financing, Indiana housing developer

• Addresses critical gap between site acquisition and construction closing
• Pre-development costs can exceed $500,000 for competitive 9% deals
• Covers architectural, engineering, environmental, market studies, and legal costs
• Flexible terms with conversion options to permanent financing
• Helps smaller developers and CDFIs compete with larger firms
• Joins ecosystem including Enterprise Community Loan Fund and LISC
• Currently accepting applications in Rose Community Capital service area

Developers should explore pre-development financing options as part of their capital stack planning for upcoming LIHTC applications.

Subscribe to The Spring Street Brief for daily updates on LIHTC financing resources, CDFI lending programs, and affordable housing development tools.

Keywords: Rose Community Capital, pre-development loan, LIHTC financing, affordable housing development, predevelopment costs, CDFI lending, community development financial institution, Enterprise Community Loan Fund, LISC, 9% LIHTC, capital stack, affordable housing financing, development financing, bridge loan, construction financing, market study, environmental assessment, LIHTC application, emerging developer, affordable housing developer

• Thousands of new affordable rental units across North Carolina
• Reflects expanded 9% allocation under One Big Beautiful Bill Act
• New construction family housing in Charlotte and Raleigh metros
• Senior housing developments in mid-sized communities
• Rehabilitation of existing affordable stock in rural counties
• 2026 QAP emphasizes 30% AMI households and high-opportunity areas
• Next 9% application round opens summer 2026

Developers should begin site identification and local government engagement now to position competitive applications.

Subscribe to The Spring Street Brief for daily updates on state HFA allocations, LIHTC awards, and affordable housing development opportunities.

Keywords: North Carolina Housing Finance Agency, NCHFA, LIHTC awards, 9% LIHTC, Low-Income Housing Tax Credit, affordable housing development, North Carolina affordable housing, Charlotte housing, Raleigh housing, One Big Beautiful Bill Act, state housing finance agency, QAP, Qualified Allocation Plan, senior housing, family housing, rural housing, 30% AMI, high-opportunity areas, tax credit allocation, multifamily development, affordable rental housing