The New Mexico Mortgage Finance Authority (MFA) has announced the release of its draft for the 2013 Qualified Allocation Plan and has opened it for public comment until September 21, 2012. The proposed draft includes several scoring modifications, including two changes detailed in supplemental documents. MFA has designed a new scoring category for “locational efficiency,” which would reward up to 2 points to projects located in proximity and connected to goods, services, and public transportation. The Locational Efficiency Scoring Criteria was drafted separately as a supplement to the QAP and can be found on MFA’s website. MFA has also revised and broadened its Green Building Criteria, which will now be utilized for LIHTC project selection as well as other MFA housing development finance programs. The intent of these standards is to provide a more flexible document that would allow for case-by-case interpretation and annual amendment based on market changes. MFA has integrated these standards into its “Projects that Benefit the Environment” scoring category as an option for earning up to 15 points.
To review the 2013 QAP draft as well as the Locational Efficiency supplement and Green Building Criteria, please visit http://www.housingnm.org/low-income-housing-tax-credits-lihtc-allocations.
Those who wish to comment on the proposed 2013 QAP may submit written comments to:
New Mexico Mortgage Finance Authority
Attn: Dan Foster
344 4th Street SW
Albuquerque, NM 87102
MFA will also hold two public hearings to receive comments on September 13, 2012 at 2:00 PM to 3:30 PM. The hearings will be held at:
New Mexico Mortgage Finance Authority
Board Room
344 4th Street SW
Albuquerque, NM 87102
For more information, please contact Dan Foster at dfoster@housingnm.org or (505) 843-6880.