The Ohio Housing Finance Agency (OHFA) released the draft 2013 Qualified Allocation Plan (QAP) and a notice that the agency will hold a public hearing to go over proposed additions to the QAP on Wednesday, June 13 at 1:00 pm at the OHFA offices in Columbus. There are several proposed revisions/additions to the 2013 QAP, including:
- The agency proposes that the development team review be completed after the application has been submitted;
- OHFA proposes four new allocation pools including Permanent Supportive Housing pool (approximately $4,000,000), Existing Rental Units pool (approximately $8,500,000), New Rental Units pool (approximately $8,500,000), and Strategic Initiatives pool (remainder of the annual credit allocation);
- A completely revised competitive selection process;
- The addition of a guideline principle under Development Team Characteristics: “OHFA values development team members that are certified as a Minority Business Enterprise (MBE) or a Woman Business Enterprise (WBE) by the State of Ohio. OHFA encourages MBE or WBE participation in the construction or soft-cost related services performed on projects funded with OHFA resources.”
Public comments regarding the 2013 QAP will be accepted until Friday, June 29, 2012. Written comments can be sent via email to 2013QAPMailbox@ohiohome.org.
Click here to view the new 2013 QAP materials.