THDA’s Board of Directors met yesterday and agreed to suspend new requests to participate in the Qualified Contract Process until early 2019. Submitted Qualified Contract requests will progress under the current Qualified Contract Guide.
Multifamily Programs has removed the Qualified Contract Guide from our website and will begin drafting clarification language to the Guide. We anticipate presenting the revised Qualified Contract Guide to the Tax Credit Committee of THDA’s Board of Directors in November and seek their approval to the revised Qualified Contract Guide at the January 2019 Board of Directors Meeting. As we revise the Qualified Contract Guide, we will offer a comment period to owners and other interested parties. More information will be made available via BLAST as we move forward.
Should you have any questions or concerns, please contact Nekishia Potter at npotter@thda.org.
Thanks,
Donna Duarte
Director of Multifamily Programs
Tennessee Housing Development Agency
502 Deaderick Street, Third Floor
Nashville, Tennessee 37243
(615) 815-2210
