HTC News

Consideration of Additional Credits for Cost Increases due to COVID-19

PROGRAM BULLETIN #21-003 HOUSING TAX CREDIT PROGRAM TO: Developers, Owners, Management Agents Representing Owners, Interested Parties, and State of Mississippi FROM: Cliff Holmes, Senior Vice President of Tax Credits, Mississippi Home Corporation SUBJECT: Additional Credits – COVID-19 DATE: July 14, 2021   Over the past few months, MHC has been approached by several developers concerned …

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HTC Program Bulletin: #21-002 – 4% Minimum Credit Rate – Guidance

  PROGRAM BULLETIN #21-002 HOUSING TAX CREDIT PROGRAM   TO: Developers, Owners, Management Agents Representing Owners, Interested Parties, and State of Mississippi FROM: Cliff Holmes, Senior Vice President of Tax Credits, Mississippi Home Corporation SUBJECT: 4% Minimum Credit Rate – Guidance DATE: March 19, 2021     Legislation signed into law on December 27, 2020, …

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2021 Tax Credit Cycle – Annual Credit Authority

  PROGRAM BULLETIN #21-001 HOUSING TAX CREDIT PROGRAM TO:        Developers, Owners, Management Agents Representing Owners, Interested Parties, and the State of Mississippi FROM: Cliff Holmes, Senior Vice President of Tax Credits Mississippi Home Corporation SUBJECT:  2020 Tax Credit Cycle – Annual Credit Authority DATE:  February 26, 2021   The 2021 Tax Credit …

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Developments Awarded Tax Credits Under Mississippi Home Corporation’s Special Opportunity Zone Cycle for Low Income Tax Credit Program

Five developments in Mississippi are the only developments to be awarded funds under the special Opportunity Zone cycle as part of the Low-Income Housing Tax Credit Program offered through the Mississippi Home Corporation (MHC). Included in the developments are four acquisition/rehabs in Richland, Jackson, Tupelo, and Hattiesburg and one new construction in Brookhaven totaling 293 …

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