American Recovery and Reinvestment Act
Tax Credit Assistance
Program
The Tax Credit Assistance Program (TCAP)
provided direct funding to the
Connecticut Housing Finance Authority
(CHFA) through the federal Department of
Housing and Urban Development (HUD).
CHFA received an allocation of $26.2
million from HUD for investment in
projects awarded Low-Income Housing Tax
Credits (LIHTCs) in federal fiscal years
2007, 2008, or 2009. CHFA was required
to distribute these funds competitively
and to give priority to projects that
are expected to be completed by February
2012. In 2009, CHFA provided
authorization for allocation of the TCAP
funds to several developments throughout
Connecticut.
The United States Department of Housing and Urban
Development Tax Credit Assistance Program webpage can be
found
here.
Download the documents below to learn
more about CHFA’s TCAP activity and the
developments that will be constructed as
a result of leveraging these federal
funds.
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