Minnesota Housing Finance Agency hosted a webinar this week regarding proposed changes to the 2018 4% bond program. The Agency received roughly 60 comment letters, including a letter from NH&RA regarding the proposed changes. Common concerns in the comment letters included family projects, senior projects, and the ability for municipalities to pursue local priorities.
During the webinar, Commissioner Tingerthal discussed the Agency’s strategic priorities and guiding principles. She also mentioned that the agency recognizes recent changes in the equity market and noted that the agency would be considering this as they draft a revised proposal. The Agency is also seriously considering a lower point requirement compared to the 50 points initially proposed in October.
The following timeline was discussed as well:
January 2017: Local Stakeholder Sessions
January/February 2017: Release of revised proposal and solicitation of public comments
February/March 2017: Publication of Final Proposal
A recording of the webinar, as well as presentation slides and frequently asked questions have all been posted to the Agency’s website.
Arizona Hosts Mandatory Annual LIHTC Workshop Jan. 5; Posts Docs
Arizona Department of Housing will hold the 2017 LIHTC Application Workshop on January 5, 2017 at the Phoenix Airport Marriott. Developers (or their Co-Developer or Consultant) who plan to submit an application in the 2017 round must attend this annual training.
Registration is due by December 22, 2016.
The following documents are also now available to be downloaded from the Arizona Department of Housing (ADOH) website:
- Form 3 Application
- Applicant Certification & Indemnification
- Additional Forms (Form 0 – 24, Form 17 & Forms 17-20M)
- Exhibits (A, B, C, E, F, G, I, N)
- Mandatory Design Requirements
- Market Demand Study Guide
- ADOH Gap Financing Application
Please download the Information Bulletin on the ADOH website for additional information.
