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HUD ANNOUNCES AVAILABILITY OF $16 MILLION IN TCAP FUNDS

Monday, December 6, 2010 - 8:00AM

The U.S. Department of Housing and Urban Development (HUD) announced today that application information, submission deadlines, funding criteria and other requirements for the reallocation of Tax Credit Assistance Program (TCAP) funds are available on its web site. The announcement makes $16 million available to properties that received an award of low-income housing tax credits between October 1, 2006 and September 30, 2009. The information will be at http://portal.hud.gov/portal/page/portal/HUD/recovery/programs/tax.

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