WHEDA announced that, effective immediately, any Tax Credit property that has been utilizing the local PHA utility allowance, submission of AHTC Form 205 Part A will no longer be required. However, all Owners/Managers are still required to:
Complete and maintain AHTC Form 205 Part A annually reflecting effective dates (but do not submit to WHEDA)
Annually verify and obtain a copy of the Local PHA utility allowance schedule.
- Implement the utility allowance within 90 days of the PHA effective date.
- Notify residents of any changes to the PHA utility allowance amount.
- Annually maintain AHTC Form 205 Part A, and the PHA Utility Allowance schedule, and have that documentation readily available for WHEDA Management Reviews.
For Tax Credit properties that are utilizing one of the following utility estimates/schedules, those submissions will still be required on an annual basis. WHEDA will continue to notify the Owners/Managers of the required submission due date.
Submission Requirements
1) Local Utility Company Estimates
- AHTC Form 205 Parts A & B
- Copy of 90-day notice to residents
- Documents provided by local utility company supporting calculations.
2) HUD Utility Schedule Model
- AHTC Form 205 Parts A & B
- Copy of 90-day notice to residents
- Documents generated from the HUD Utility Schedule Model.
3) Energy Consumption Model
- AHTC Form 205 Parts A & B
- Copy of 90-day notice to residents
- Documents provided by engineer to support calculations
- Photocopy of the engineer’s current license
If there are any changes to the utility allowance source it is the Owner/Managers responsibility to notify WHEDA in writing prior to the change taking effect so that proper documentation may be obtained.