Thom Amdur Author Archives

OHFA intends to award and administer Rental Assistance Contracts (RAC) to eligible owners of multifamily rental properties funded by OHFA’s Housing Tax Credit Program.

HUD is soliciting applications for the FY2016 Choice Neighborhoods Implementation Grants program. The maximum grant award is $30 million. Applications are due on June 28, 2016.

When completed, property will consist of 168 senior housing units. Dominium closed on the property on March 1, 2016. The construction will be formally kicked off at a groundbreaking event being held on April 18.

HUD is holding a series of three regional workshops to discuss affordable housing and solar. These workshops will help providers and owners understand the tools and resources available via HUD’s RENEW300 initiative.

OHFA announced that effective July 1, 2016, new requests for a consumption based utility allowance will not be accepted. Owners who have requested a consumption based allowance prior to July 1 are exempt from this suspension.

Oregon Housing Stability Council announced that the 2016 Qualified Allocation Plan has been signed by the state’s governor. 4% LIHTC applications are funded on an ongoing basis. OHSC has developed a new 2-step application process to give predictability over the timing of the 2016 QAP taking effect.

Florida Housing Finance Corporation will hold a workshop on Thursday, April 28, 2016, starting at 1:30 p.m., Eastern Daylight Time, to discuss a proposed National Housing Trust Fund (NHTF) Allocation Plan with the public and stakeholders.

The Washington State Housing Finance Corporation posted new information regarding stakeholder meetings on initial policy discussions and the timeline for the 2017 9% Tax Credit Program.

Applicants who make this request by 5:00 pm on April 13, 2016 may also receive a refund of the LIHTC application fee that was submitted with their application. After this date, all remaining applications will be processed, unless otherwise withdrawn by the applicant, and fees will not be returned.

Two NH&RA Vision Award recipients and several NH&RA members will be honored at Preservation Massachusetts’ Annual Awards Dinner next month. The dinner will recognize women in preservation with the newly renamed Paul & Niki Tsongas Award.

The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding. This funding is being made available exclusively for MSHDA’s Tax Exempt – 4% Low Income Housing Tax Credit direct lending transactions.

As a result of concerns voiced during the 2017 QAP public hearing regarding the use of walkscore, the agency proposed changes to HFA:109.07.A. 10. to include another qualifying component – Community Center Area.