Qualified Allocation Plans

Oregon Housing and Community Services (OHCS) released a proposed rule amending its Rent Guarantee Program Operations Manual. The rule would incorporate the operations manual as a part of the administrative rule. Comments should be submitted by 5:00 pm PT on July 31. OHCS will hold a virtual hearing on July 16 from 11:00 – 11:30 […]

In September 2020, Alaska Housing Finance Corporation (AHFC) will announce a Notice of Funding Availability (NOFA) for a Rural Demonstration round under its Greater Opportunity for Affordable Living (GOAL) program. Under this NOFA, AHFC will make grants, zero-interest loans and LIHTCs available for competitive allocation to successful pre-application respondents to construct new rental housing in small communities off the Alaska road system.

The California Tax Credit Allocation Committee (TCAC) is granting projects with 2018 and 2019 carryover allocations a six-month extension of their respective placed in service deadlines. Projects with a 2018 carryover allocation have a placed in-service deadline of June 30, 2021. Projects with a 2019 carryover allocation have a placed in-service deadline of June 30, 2022.

Natasha Weaver, Tax Credits manager with the Colorado Housing and Finance Authority (CHFA), announced her retirement. She will leave CHFA at the end of August and will continue working with the Tax Credit team during the next few months, including preparing for the Round Two applications that are due on August 1.

In response to the COVID-19 pandemic in Connecticut, the Office of the Governor, the Department of Housing, the Connecticut Housing Finance Authority, HUD and other partners conducted a survey of residential landlords.

At a workshop on May 29, the Florida Housing Finance Agency discussed the following proposed approaches to the 2020 and 2021 request for application (RFA) cycles:

The Hawaii Housing Finance and Development Corporation (HHFDC) Board named Denise Iseri-Matsubara executive director effective July 1. She has served as interim executive director since January.

The Louisiana Housing Corporation will hold a hearing on its proposed 2021 QAP on June 26 at 10:00 am CT. Dial 1-877-860-3058, with access code: 294147 to join the call. Comments should be submitted to qapcomments@lhc.la.gov 4:30 pm CT on June 26. A summary of proposed changes to the 2021 QAP can be found here.

Minnesota Housing released its proposed 2022-2023 QAP for public comment, as well as a summary of proposed changes and a self-scoring worksheet. Minnesota Housing will hold a public hearing on the 2022-2023 QAP at 10:00 am CT on July 14. Dial 1-888-742-5095, Conference Code: 603-415-8008 to join the call.

If you are the owner of an apartment complex with 25 units or more (or represent such an owner) and you have not yet satisfied your MDRR obligations for the 2019 reporting cycle, please do so now. First-time filers must register their properties with DCR by emailing a completed Change of Status Form to dcrmdrr@njcivilrights.gov prior to submitting their MDRR report for 2019.

The Ohio Housing Finance Agency (OHFA) posted an updated Affordable Housing Funding Application (AHFA) The Instructions tab of the AHFA includes a list of the updates made. The LIHTC rents and Qualified Census Tracts were updated to reflect 2020 values, Bond Gap Financing (BGF) submission requirements and scoring sheets added and several other changes incorporated.

The Texas Department of Housing and Community Affairs (TDHCA) and the Texas Apartment Association (TAA) are presenting online LIHTC on Thursday, June 25, 2020. This training will be led by TDHCA compliance staff and provides a solid foundation of information that owners, managers and on-site staff need to know in order to be in compliance with requirements for the LIHTC program.