Qualified Allocation Plans

Florida Modifies RFAs 2020-102 and 2020-106

The Florida Housing Finance Corporation recently issued Request for Application (RFA) 2020-102 SAIL Financing for Smaller Permanent Supportive Housing Developments for Persons with Special Needs and RFA 2020-106 Financing to Develop Housing for Persons with Disabling Conditions / Developmental Disabilities.

Public Hearing on California’s Consolidated Plan on March 19

The California Department of Housing and Community Development (HCD) will hold a hearing and webinar on developing its 2020-2024 Consolidated Plan from 4:00 – 6:00 pm PT on March 19 at 2020 West El Camino Ave. Room 402 Sacramento, CA 95833. Register for the webinar or in-person event here.

QAP Arizona

Arizona Adds Subordination Agreement to Loan Documents

To standardize its lending practices, the Arizona Department of Housing has added a subordination agreement form to its loan documents. With the exception of agreements that have already been negotiated for pending transactions, the Department will use this form of subordination agreement. The document lays out the terms and conditions under which the Department will […]

QAP California

California TCAC Updates 2020 Calendar of Dates

The California Tax Credit Allocation Committee (TCAC) posts its updated program schedule, which includes changes to upcoming four percent credit deadlines and award dates.

QAP California

California TCAC, CDLAC Recall Message on Scoring of Joint Awards

The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (CDLAC) recalled the January 28, 2020 messages with the subject line “4% Federal and State Tax Credits with Tax-Exempt Bonds: Message to Applicants.” The content of the message does no apply.

QAP Colorado

Colorado Launches PAB Website

The Colorado Housing and Finance Authority created a new landing page website specific to Private Activity Bond (PAB) volume cap availability, use and requirements for 2020. Should you have questions or comments, please contact Shannon Friel, Private Activity Bond Manager, at sfriel@chfainfo.com or 303-297-7387.

QAP Florida

Florida Housing Introduces to Procorem, An Online Collaboration Tool

Florida Housing recently launched a new collaboration tool called Procorem that will allow applicants, credit underwriters and Florida Housing to work together and share documents under one platform. 

QAP Florida

Florida Housing Posts RFA 2020-208 SAIL Financing for the Construction of Workforce Housing

The Florida Housing Finance Corporation posted RFA 2020-208 SAIL Financing for the Construction of Workforce Housing, the RFA 2020-208, comparison of 1-31-20 and final version, as well as the revised RFA 2020-208 Set-Aside Worksheet. The revised Set-Aside Worksheet recognizes the non-housing credit units designated as Workforce Units, which the prior version did not.

QAP Florida

Florida Housing Finance Corporation to Hosts Board of Directors Meeting on April 17

The Florida Housing Finance Corporation Board of Directors meeting is scheduled for Friday, April 17, 2020. To be included on the Board Meeting Agenda, the following deadlines must be met:

QAP Florida

Florida Housing Posts Application Submitted Report for RFA 2020-302 Community Development Block Grant-Disaster Recovery (CDBG-DR) in Monroe County

The Florida Housing Finance Corporation posted the Application Submitted Report for “RFA 2020-302 Community Development Block Grant-Disaster Recovery (CDBG-DR) in Monroe County.”

QAP Idaho

Idaho Amends QAP to Include Land, Hard Construction and All Remaining Development Cost Averages

The Idaho Housing and Finance Association is proposing to amend Section 6.4.14 of its QAP, which governs selection criteria for new construction or adaptive reuse developments. The amendment lists the average land cost at $21.03, hard construction costs at $159.61 and all remaining development costs at $94.77 per residential square foot.

QAP Kentucky

Comments on Kentucky’s QAP Due March 6, KHC Modifies Inspection Criteria

Kentucky Housing Corporation (KHC) has made revisions to the scoring criteria as shown in the final draft of the 2021-2022 QAP. KHC will accept written comments on the final draft until Friday, March 6, 2020, by email to rentalqap@kyhousing.org.

[Page 147 of 326 ]