9% HOUSING CREDIT
• News and Highlights
• Allocation Lists
• Application Materials
• Placed-In-Service
• Evergreen Sustainable Development Standard
• Resources
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9% Housing Credit
The Commission's 9% Low-Income Housing Tax Credit Program (LIHTC) allocates federal income tax credit to developers to encourage the construction and rehabilitation of affordable multifamily housing. Housing credit in the 9% Program is allocated through an annual competitive process in which projects are evaluated and scored according to the Commission’s established criteria.
2025 Policy Updates
New! The 2025 9% Application is available! Applications are due Nov 4, 2024 - 8/2/2024
Review an updated version of the draft policy changes - 7/12/2024
Review an updated version of the draft Eventual Tenant Ownership Guidance - 7/12/2024
Provide feedback on the changes being proposed by emailing us comments at AskUsMHCF@wshfc.org
NEWS AND HIGHLIGHTS
Presentation slides from the Metro Interested Parties Meeting Presentation on May 15th
Presentation slides from the Non-Metro Interested Parties Meeting Presentation on May 22nd
Presentation slides from the Eventual Tenant Ownership (ETO) Informational Session on May 29th
Presentation recording from the Eventual Tenant Ownership (ETO) Informational Session on May 29th
Recording of Metro Pipelining Discussion on May 28th
Recording of Non-Metro Discussion on May 22nd
Recording of Metro Discussion on May 15th
May 15, 2024 - Metro Pool 9% Policy Meeting Recording
2025 9% Allocation Process Timeline
The 2024 9% Allocation List has been posted here. 4/24/2024
Read the Tax Credit Program's value statements here.
Sustainability Resources for Multifamily Housing
*Notice: Regulatory Relief for Developers Using the Housing Tax Credit
The Commission is committed to helping affordable-housing developments stay on track in the face of economic and regulatory uncertainty. To that end, we intend to make use of our newly granted authority to extend certain deadlines.
We will grant extensions on a case-by-case basis. If you need additional time to meet the 10% test required by Section 42(h)(1(E)(ii) and/or the Placed in Service deadline required by Section 42(h)(1)(E)(i), please contact Jacob Richardson via email.
Helpful resource: This chart from NCSHA provides a comprehensive list of current IRS guidelines, as well as regulatory relief sought by national advocates.
QUESTIONS
If you have questions about the LIHTC Program or need assistance with the application, please call us at 206-464-7139 or 800-767-4663 in WA or email AskUsMHCF@wshfc.org.