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Address: 223 S. Winnebago Street Rockford, IL 61102
Phone: 815-489-8500
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A quality home is the foundation of society & community
Why is this important? Some of these questions may seem aggressive, yet they are in the context of the community and how they were asked.
The process of allocating, awarding, and then claiming the LIHTC is complex and lengthy. The process begins at the federal level with each state receiving an annual LIHTC allocation in accordance with federal law. State housing agencies then allocate credits to developers of rental housing according to federally required, but state created, allocation plans.
The process typically ends with developers selling allocated credits to outside investors in exchange for equity. LIHTCs are first allocated to each state according to its population. In 2012, states received a LIHTC allocation of $2.20 per person (Keightley, 2013).
To continue to create strategic partnerships with community stakeholders, design a diverse housing portfolio, leverage social service programming to unite and ensure residents are provided with safe and nurturing environments that lead to self-sufficiency, responsibility, and individual empowerment.
"If you are not well, you cannot serve your communities well!" Dr. Kim Hires brought it home during our #SummerSymposium closing plenary.
Blackhawk Courts: A Rich Legacy
From its origins housing veterans to today’s vibrant community, Blackhawk Courts exemplifies RHA’s enduring commitment to quality housing and community support.
Join us in celebrating! ➡️
https://tinyurl.com/yen9dnkb
Don't forget to mark your calendars for our Community Health Fair happening tomorrow, July 13th from 11am-2pm! 🌟 Come out and get free health screenings, indulge in healthy snacks, and join in on fun fitness activities. Let's promote empowerment and healthy living!
Within 5 years the RHA will re-establish itself as high performing agency that is a leader in housing and sustainable communities by developing additional, non-HUD revenue streams, increasing our asset base and offering state of the art resident initiatives.
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