A second draft of the 2018-19 Qualified Allocation Plan was posted for public comment on August 8, 2017 (with a red-line version here). Comments may continue to be submitted to [email protected] through August 25, 2017. OHFA will also host two regional engagements to informally present and discuss the changes contained in this draft.
Few significant changes were made to the original first draft, but the following changes are of note:
- Added language specifying that consultants may not serve as the sole contributor towards development team experience.
- One additional set-aside for a PSH servings tenants recovering from substance abuse
- Increased cost limits:
| Pool | Cost Per Unit | Cost Per Gross Sq. Ft. | ||
| Old | Updated | Old | Updated | |
| New Aff., Urban Opportun. | $276,500 | $295,000 | $220 | $245 |
| New Aff., Mixed Urban | $263,500 | $280,000 | $210 | $235 |
| New Aff., Senior | $211,000 | $240,000 | $187 | $205 |
| New Aff., Non-Urban | $200,500 | $275,000 | $197 | $245 |
| Preserved Aff., Urban | $180,500 | $220,000 | $183 | $225 |
| Preserved Aff., Non-Urban | $147,000 | $155,000 | $175 | $200 |
| Single-Family Infill | $248,500 | $265,000 | $106 | $110 |
| PSH | $190,500 | $210,000 | $209 | $255 |
Be sure to save the date now for the 2018 Qualified Allocation Plan Training to be held in Columbus on Monday, October 23, 2017. Additional details will be released after the QAP is approved by the OHFA Board.
