Qualified Allocation Plans

The Michigan State Housing Development Authority (Authority) updated its Pass-Through Bond Program. Projects participating in this program may use Pass-Through Bonds as long-term financing (construction and permanent financing) or as short-term financing (construction financing only). All projects must show evidence of credit enhancement that is acceptable to the Authority.

The New Jersey Housing and Mortgage Finance Agency released Developer Bulletin 2020-11, which outlines the LIHTC compliance monitoring relief, income recertifications and common areas and amenities relief it is offering in response to the COVID-19 pandemic. The relief granted in this bulletin is subject to any superseding guidance issued by the Department of the Treasury or the Internal Revenue Service.

Enterprise Community Partners is transitioning from the 2015 to the 2020 Green Communities criteria. To certify under the 2015 criteria, the New Jersey Housing and Mortgage Finance Agency is requiring that the “Prebuild Submission” must be received by Enterprise by October 15, 2020. Any project unable to meet the October 15th deadline will be required to certify under the 2020 criteria.

The Ohio Housing Finance Agency (OHFA) updated its Bond Gap Financing (BGF) Frequently Asked Questions document. OHFA also released is draft program year 2020 Community Development Block Grant – Disaster Recovery (CDBG-DR) Action Plan for comment. Comments should be submitted to CDBG-DR@development.ohio.gov by August 9.

Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on Friday, August 7, 2020 from 9:00 am to 1:00 pm PT. Attendees can participate via phone 253-215-8782; Meeting ID: 955 2359 5676 and Password: 402403. The meeting materials packet is available here.

Oregon Housing and Community Services will host five upcoming partner calls:

Developer Partner Calls:
Monday August 31st, from 3:00 – 4:00 pm PT
Monday September 28th, from 3:00 – 4:00 pm PT

Owners and Manager Partner Calls:
Monday August 10th, from 3:00 – 4:00 pm PT
Tuesday September 8th, from 3:00 – 4:00 pm PT
Monday October 5th, from 3:00 – 4:00 pm PT

The California Department of Housing and Community Development (HCD) is pleased to announce the release of the final Questions and Answers V.3 to accompany the Transit-Oriented Development Housing Program (TOD) Notice of Funding Availability (NOFA) released on April 30, 2020. This is the final batch of Questions and Answers compiled from the TOD email inbox through July 22, 2020.

The Texas Department of Housing and Community Affairs’ (TDHCA) Multifamily Finance division posted an updated Amended 2020-1 Multifamily Direct Loan Annual Notice of Funding Availability (2020-1 NOFA). The Amended 2020-1 NOFA includes the Fifth Amendment approved by the TDHCA Governing Board on July 23, 2020. The Fifth Amendment adds $16,956,117.20 in National Housing Trust Fund (NHTF) to the soft repayment set-aside for eligible activities and extends the application submission deadline to October 12, 2020.

Vermont Housing Finance Agency (VHFA) is in the process of updating the Qualified Allocation Plan (QAP) for 2022 to 2023. As part of its continued public engagement VHFA will hold four virtual informational sessions in August and September for the public to ask questions and provide further feedback on proposed QAP updates.

The California Department of Housing and Community Development (CalHCD) released a NOFA for $600 million in Homekey funds. Building on the success of Project Roomkey, Homekey is the next phase in the state’s response to protecting Californians experiencing homelessness who are at high risk for serious illness and are impacted by COVID-19.

The California Department of Housing and Community Development (HCD) announced new supporting documents to accompany the Round 4 Transit-Oriented Development (TOD) Housing Program Notice of Funding Availability for approx. $141 million, which was released on April 30, 2020. The NOFA webinar presentation from June 25, 2020 and New Questions and Answers are now available.

The Baltimore Metropolitan Council (BMC) is seeking qualified and experienced developers to apply for affordable housing subsidies for new construction, substantial rehabilitation or existing housing through the Baltimore Regional Project-Based Voucher (PBV) Program.