The Chicago Department of Housing released a draft 2019 QAP for public comment. Notable changes in the 2019 QAP include:
- A commitment to release a new QAP every two years, with the next one coming in June 2021 and every other subsequent June
- The amount of credits that will be allocated in the round
- Estimates for credit allocations and number of awardees
- Specified priorities for location, building type or use and affordability levels
- Collaboration with the Continuum of Care, resulting in a coordinated application process
- A guaranteed 30-year affordability period
- New rule allowing for averaging of lower- and higher-income units in the property
- No requirement for evidence of community or aldermanic support in early stages of the application process
Comments should be sent to at HousingDevelopment@cityofchicago.org by Sept. 5. The final QAP will be issued on Sept. 9, 2019. The City will open a funding round once the QAP is final, and applications will be due Friday, Oct. 11, 2019 at 4 pm CDT.
The Chicago Department of Housing will hold a public meeting on the proposed QAP from 2:30 to 4:30 pm CDT on Aug. 27, 2019 in Room 1103A of City Hall, 121 N. LaSalle St. Chicago, IL 60602.