On September 14, 2018, the President declared Hurricane Florence a major disaster. As of September 17, 2018, the Federal Emergency Management Agency (FEMA) designated eight North Carolina counties as major disaster areas. Review the list of eligible counties here: fema.gov/disaster/4393. The guidance in Revenue Procedures 2014-49 (Tax Credit) and 2014-50 (4% Tax Exempt Bond) apply when a Major Disaster has been declared by the President.
If you wish to provide temporary emergency housing assistance to households displaced because of the presidentially declared Major Disaster, contact VHDA. All owners of LIHTC projects in Virginia can provide Emergency Housing Relief to persons displaced by the federally declared disaster Hurricane Florence for a period up to 12 months from the major disaster declaration date. The approved Temporary Housing Period ends September 30, 2019. Owners must request and receive VHDA’s approval via email to the property’s assigned Compliance Officer, and maintain a copy of the approval in the project files. Each tenant file must also contain the VHDA Displaced Housing Certification form. For additional information view the Disaster Relief Guidelines and contact your assigned VHDA Compliance Officer if you have any questions.
VHDA encourages all properties to regularly update their unit availability in the Virginia Housing Search website at virginiahousingsearch.com. This is a free affordable housing listing service to increase access to affordable housing in the Virginia area.
