Join OHFA staff on July 10th for a public forum discussing the 2019 Technical Amendments to the Qualified Allocation Plan. Registration is open now. Public comments will be accepted through August 1, 2018 and may be directed to QAP@ohiohome.org. Changes include the following:
- Income Averaging
- Market Study: All scattered sites represented in the application must be within the boundaries of a single Primary Market Area (PMA).
- New Scattered Site Definition and Requirements
- Scattered Site means 10 or more sites with 50% or fewer sites being contiguous
- Regardless of meeting the Scattered Site definition, developments with sites crossing scoring boundaries (multiple counties, census tracts, urban/nonurban areas etc.) scoring category will be applied to the development area with the most affordable units unless otherwise stated in scoring criteria
- Pool changes
- Urban Opportunity Housing: Approx. Funding Target Increased from $3 million to $4.5 million
- General Occupancy Housing: Approx. Funding Target Decreased from $3 million to $2.5 million. No more than 25% of units may be one-bedroom. An additional 10% may be on-bedroom provided they are enrolled in 811 program.
- All developments undergoing RAD conversion must compete in a Preserved Affordability Pool
- Service Enriched Housing Pool: New requirement to dedicate 60 percent of units to target population