BOISE - A public hearing on additional proposed changes to the 2002 Low-Income Housing Tax Credit Qualified Allocation Plan will be held December 10 (Monday), the Idaho Housing and Finance Association announced today. The affordable housing community and all developers building multifamily housing are encouraged to attend. The hearing will begin at 9 a.m. at IHFA’s Boise office, 565 W. Myrtle St. in the first floor conference room.

The purpose of the public hearing is to provide information regarding additional changes to the Qualified Allocation Plan for the year 2002, which have occurred since the initial public hearing on August 29, 2001. The public is invited to attend and make written or oral comments concerning proposed changes to the Plan. Copies of the Plan, including changes, are available by calling 208-331-4769. Those unable to attend the hearing may submit comments in writing by Dec. 10 to: IHFA Multifamily Finance Department, PO Box 7899, Boise, ID 83707-1899, by fax at (208) 331-4808 or by e-mail to multifamily@ihfa.org.

Housing Tax Credits are available to owners of qualified rental projects who are willing to designate at least 20 percent of the development’s units for low-income use. Credit is allocated on a competitive basis in accordance with the State’s approved Qualified Allocation Plan.

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The Idaho Housing and Finance Association, a financial services and housing organization, provides funding for affordable housing in Idaho communities where they are most needed and when it is economically feasible. IHFA uses no state funds or state employees to support its operations. For more information, visit our Web site at www.ihfa.org.