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 [email protected]. 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
