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2012 Mid-Year Meeting
CARH’S BROADCAST E-MAIL –
Mid-Year Meeting

October 26, 2011

Meeting Information

The Ritz-Carlton in New Orleans, Louisiana, arguably, the most unique city in the United States, will be the site of CARH’s Mid-Year-Meeting, January 22-24, 2012. This year’s theme is "Transforming Rural Housing: Innovative Tools and Dynamic Initiatives for Tomorrow."

You will learn the latest news on issues affecting your business and the affordable rural housing industry in general. We’ll review the latest results from the Super Committee on deficit reduction and the impact on the affordable rural housing industry. Which programs will be cut and what will survive, and how your business will be affected as a result. Other important issues that will be covered by industry experts and government officials include:

• The continuation of the Section 538 Program with fees
• Rural Development’s Preservation Program with limited MPR funding
• Harmonization efforts and pilot programs being implemented in different states
• The latest trends in the affordable housing industry
• Will the housing credit program be impacted by tax reform efforts

The social and special events planned this year are not to be missed as well. A highlight of the meeting will be a visit to the National World War II Museum on Monday afternoon, January 23. Meeting attendees and guests are invited to a special presentation of “Beyond All Boundaries,” the museum’s signature cinematic experience. The film is a 50 minute, multi-sensory production, shown on a 120-foot immersive screen. It tells the story of the Greatest Generation’s journey from Pearl Harbor to America’s victory. The story of the war that changed the world will inspire you.

On Monday evening, CARH will host a reception at the new Stage Door Canteen at the World War II Museum. In a city full of world-class attractions, the Stage Door Canteen offers first-class entertainment as well as top rated food from the American Sector restaurant, with John Besh, one of the city’s top chefs, in command of the kitchen. The Canteen presents headliner acts, signature musical productions, big bands, dancing, The Victory Belles vocal trio, and more!

The CARH Mid-Year Meeting is also a time for recognition, with the presentation of CARH’s prestigious national awards. The Harry L. Tomlinson Award, the CARH Member of the Year Award and the State Affiliated Association of the Year Award will be presented at a special awards brunch on Monday, January 23. CARH’s awards program supports and recognizes the high professional standards of members of the affordable rural housing industry. (For additional information on these awards, or to make a nomination, see the “CARH Award Nominations” section below.)

A detailed meeting brochure, listing all sessions, meeting activities, special events, and recreation opportunities will soon be available. To ensure your place now at this key CARH meeting, simply complete the registration form and send it to the CARH national office with your registration payment or credit card information. Register by November 11, 2011, to enjoy preferred discounted meeting rates! Registration information is also available by visiting the CARH website, www.carh.org.

The CARH meeting hotel, the Ritz-Carlton, is located in the heart of the famous French Quarter, within walking distance of many exciting New Orleans attractions, museums, shopping, restaurants, and clubs. As always, CARH has secured a very attractive rate for CARH meeting attendees of $209 per night. For reservations, call the hotel at 504-524-1331 and identify yourself as a CARH meeting attendee. This rate is only offered until January 5, 2012! For more information about the Ritz-Carlton Hotel, please click here.

Discover the other world-class attractions in New Orleans during your free time, come early or stay over. New Orleans is like no other city in the United States. To learn more about things to do in New Orleans, please click here. Take advantage of this opportunity to enjoy the history, the culture, the cuisine, and the people, while networking with your peers and learning about the many issues facing the affordable rural housing industry!

CARH Award Nominations

The 2011 CARH Awards Committee – Todd Fentress, CPA; Michael Burke, RAHE; and Pamela Borton - are now accepting nominations for CARH’s 2011 Member of the Year, Harry L. Tomlinson and State Affiliated Association of the Year awards. All nominations should be sent to the CARH Awards Committee in care of the CARH national office, 1112 King Street, Alexandria, Virginia 22314, no later than Wednesday, December 14, 2011.

To nominate a CARH member for the Member of the Year award, send a detailed letter to the Awards Committee informing them about the person’s commitment to CARH and to the affordable housing industry in general.

The Harry L. Tomlinson award was established to recognize meritorious achievement by a public servant on the local, state or federal level in furthering affordable and rural rental housing. To nominate an individual for this award, please send the Awards Committee the Nomination Form and supporting documentation which describes nominee’s commitment to CARH and to the affordable housing industry. Select the highlighted language for the Tomlinson Award Nomination Form and the Tomlinson Award Selection Criteria.

The State Affiliated Association of the Year award recognizes and encourages excellence in the programs, services and management of CARH’s 17 state affiliated associations. To nominate a state affiliated association for this award, send the Awards Committee the Application and supporting documentation which provides a synopsis of that association’s activities and accomplishments as well as other documentation in support of the application. Select the highlighted language for the State Affiliated Association Award Application and the State Affiliated Association Award Selection Criteria.

If you have any questions, please contact the CARH national office at or 703-837-9001 or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . As said in the Big Easy, “Laissez le Bon temp rouler!”
 
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Tax Credit Percentages

For October 2014:
9%: 7.54 4%: 3.23

   

  • Previous Month's Credits

    The IRS publishes monthly credit percentages that apply to low-income housing tax credit buildings placed in service that month.  There are two rates:  the 70% present value credit (PVC) and the 30% present value credit.  The maximum 70% rate is available for low-income new construction and substantial rehabilitation expendiretures that are not federally subsidized.  The maximum 30% rate applies to acquisition expenditures and to federally subsidized low-income new construction or substantial rehabilitation expenditures.

Next CARH Meeting

The 2015 Midyear Meeting will be held January 26-28, 2015, at Loews Don CeSar Hotel in St. Pete Beach, Florida.