Thursday, April 15, 2021
AN IMPORTANT NEW OPTION FOR FINANCING AFFORDABLE HOUSING
The federal “9%” Housing Tax Credit (HTC) program, designed to finance up to 70% of qualified development costs, has for decades been the principal engine for the financing of low income housing in the United States. HTCs function like grants because the return to investors comes from the credits they take against their federal income tax liability over a ten-year period. Unfortunately, there is a limited supply of 9% HTCs and the allocation process, administered by state housing agencies, is highly competitive.
While some tribally-designated housing entities (TDHEs) have been successful in obtaining 9% HTCs, most have not. Demand for the 9% HTCs far outstrips supply and many states’ criteria give preference to urban developments, making it difficult for tribes to file successful applications. Tribes unable to access the 9% HTC program have incorrectly assumed that they have no op
Two sentenced for child endangerment after Crow girl s body found helenair.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from helenair.com Daily Mail and Mail on Sunday newspapers.
Credit: fbi
The search for an 8-year-old girl, missing since at least 2019, has ended after her body was found earlier this week.
Mildred Alexis Old Crow was reported missing in November 2020, when non-custodial relatives notified the Bureau of Indian Affairs at Crow Agency that they hadn t seen the girl since July 2018, according to the National Center for Missing and Endangered, Inc. Get push notifications with news, features and more. + Follow
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Through their investigation, federal authorities discovered that Mildred was seen by others in March 2019, while she was in the care of her Crow Tribal Court-appointed guardian, on the Crow Indian Reservation in Montana.