American Recovery and Reinvestment Act of 2009

Overview

On February 17, 2009, President Barack Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA). As a result, Connecticut is positioned to receive nearly $3 billion for initiatives and efforts to strengthen the state’s economy, create dependable jobs and invest in efforts that will help the state grow and prosper. The funding Connecticut will receive through ARRA will allow the state to invest in education and job training, energy and the environment, highway infrastructure and mass transit, and human health and housing initiatives.  

ARRA provides Connecticut Housing Finance Authority (CHFA) with two new tools to assist in the development of affordable rental housing through the Low-Income Housing Tax Credit (LIHTC) Program. These tools include the Tax Credit Assistance Program (TCAP), which will provide direct funding to CHFA through the federal Department of Housing and Urban Development (HUD), and a “tax credit exchange” that will allow CHFA to return unused low-income housing tax credits to the U.S. Treasury in exchange for cash grants.   

Download the documents below to learn more about CHFA's involvement with ARRA.

Related Documents Found: 31  matches     Displaying: 1 - 31  File Size Type Application for Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009 This is CHFA’s second application requesting grants under Section 1602 Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009. 109K pdf Application for Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009 This is CHFA’s first application requesting grants under Section 1602, submitted on June 30, 2009. 125K pdf Application for Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009 This is CHFA's fourth application requesting grants under Section 1602, submitted on July 15, 2010. 109K pdf Application for Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Tax Credits for 2009 This is CHFA's third application requesting grants under Section 1602, submitted on December 17, 2009. 105K pdf ARRA Overview and Progress Report - October 15, 2009 This report describes CHFA’s activity under the American Recovery and Reinvestment Act of 2009 (ARRA) for the October 2009 reporting period. 27K pdf Award Notice of Section 1602 Grants This letter from the Department of the Treasury informs CHFA that its application for funds under Section 1602 Grants to States for Low-Income Housing in Lieu of Low-Income Housing Credits for 2009 has been approved. 45K pdf Award Notice of Section 1602 Grants This letter from the Department of the Treasury informs CHFA that its application for funds under Section 1602 Grants to States for Low-Income Housing in Lieu of Low-Income Housing Credits for 2009 has been approved. 51K pdf Award Notice of Section 1602 Grants This letter from the Department of the Treasury informs CHFA that its application for funds under Section 1602 Grants to States for Low-Income Housing in Lieu of Low-Income Housing Credits for 2009 has been approved. 52K pdf Award Notice of Section 1602 Grants This letter from the Deprtament of the Treasury informs CHFA that its application for funds under Section 1602 Grants to States for Low-Income Housing in Lieu of Low-Income Housing Credits for 2009 has been approved. 40K pdf CHFA Submission in Response to HUD Notice CPD-09-03 This document is the Submission Requirement Packet of CHFA for the Tax Credit Assistance Program (TCAP) as required by HUD Notice CPD-09-03. 685K pdf Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009 The Grantee Terms and Conditions describe grantee and project eligibility under Section 1602. 337K pdf HUD Notice CPD-09-03-REV - Implementation of the Tax Credit Assistance Program (TCAP) This is a notice from HUD regarding implementation of TCAP that sets forth the submission requirements, eligible uses of funds, and program requirements for TCAP, including the revised expanded definition of eligible TCAP projects. 99K pdf Readiness to Proceed Survey - TCAP Criteria This document surveys readiness to proceed by awarding points for criteria under the Tax Credit Assistance Program. 21K pdf Report on ARRA - TCEP Activities - Qtr 1, 2010 This quarterly report summarizes progress on the implementation of the Section 1602 Grants in Lieu of Low Income Housing Tax Credits (Section 1602 Exchange Fund) program. 56K xls Report on ARRA - TCEP Activities - Qtr 4, 2009 This quarterly report summarizes progress on the implementation of the Section 1602 Grants in Lieu of Low Income Housing Tax Credits (Section 1602 Exchange Fund) program. 55K xls Report on ARRA - TECP Activities - Qtr 2, 2010 This quarterly report summarizes progress on the implementation of the Section 1602 Grants in Lieu of Low Income Housing Tax Credits (Section 1602 Exchange Fund) program. 47K xls Report on ARRA Activities - April 2010 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the Board of Directors at its April 2010 meeting. 409K pdf Report on ARRA Activities - December 2009 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its December 2009 meeting. 171K pdf Report on ARRA Activities - February 2010 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its February 2010 meeting. 425K pdf Report on ARRA Activities - January 2010 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its January 2010 meeting. 173K pdf Report on ARRA Activities - March 2010 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its March 2010 meeting. 418K pdf Report on ARRA Activities - November 2009 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its November 2009 meeting. 150K pdf Report on ARRA Activities - October 2009 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its October 2009 meeting. 148K pdf Report on ARRA Activities - September 2009 This is a report on CHFA's activities utilizing funds from the American Reinvestment and Recovery Act. The report was presented to the CHFA Board of Directors at its September 2009 meeting. 140K pdf Section 1602 Development Cash Flow Workbook This workbook is to be completed by developers to demonstrate the timing and allocation of funding sources. 149K xls Section 1602 Good Faith Efforts This provides a description of the good faith efforts that must be undertaken by housing developers with a tax credit allocation to raise private investment capital per Section 1602 of the American Recovery and Reinvestment Act of 2009. 22K pdf Section 1602: Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credits for 2009 - FAQ's data source: U.S. Dept. of Treasury These questions and answers provided by the Treasury Department will assist Section 1602 recipients in understanding and complying with the program’s requirements. 492K pdf Tax Credit Assistance Program - Architect's Certification This document certifies the level of drawings completed and compliance with Section 504 requirements. 78K xls Tax Credit Assistance Program - Owner's Certification This document certifies governmental agency permits for development, compliance with Section 504 requirements and compliance with Davis-Bacon wage requirements. 81K xls TCAP Resolution Memo This is the Resolution approved by the CHFA Board of Directors regarding the Tax Credit Assistance Program selection process, criteria and application. 507K pdf TCAP Selection Criteria This document provides a description of the competitive selection criteria and process to be used by CHFA to competitively award TCAP funds. 46K pdf File Size Type Found: 31  matches     Displaying: 1 - 31