Qualified Allocation Plans

The Kentucky Housing Corporation (KHC) released a draft of the Income Average Compliance Policy for public review. This policy establishes guidance for KHC partners electing to use the new Average Income set aside. Public comments will be accepted through Tuesday, October 15, 2019 to Phyllis Clem at pclem@kyhousing.org.

The Massachusetts Department of Housing and Community Development (DHCD) will hold a multifamily rental funding competition in February 2020. The Notice of Funding Availability (NOFA) for this competition will be released shortly. Pre-applications for potential projects will be due on November 25, 2019. Sponsors whose projects are approved through the pre-application process will be allowed to submit the full OneStop+ applications on February 20, 2020

The Virginia Housing Development Agency (CHDA) established a schedule of application deadlines for five potential tax-exempt rental housing bond issues for the 2020 calendar year: November 1, 2019; January 2, 2020; March 2, 2020; June 1, 2020 and August 3, 2020.

The Arizona Department of Housing (ADOH) posted the second draft of its 2020 QAP. The second draft restores the calculation of the Developer Fee to 2019 levels pending further research. ADOH may create a working group to gather data and provide input regarding methods to reduce the overall cost to build new affordable housing, including the cost of fees associated with its development, to further maximize the number of people that can be housed with the limited resources available to the State.

The Louisiana Housing Corporation is holding a Blight Remediation and Abatement Roundtable for an in-depth conversation about the challenges associated with addressing abandoned and deteriorated homes and buildings. The Roundtable will take place on November 19 from 9:00 am to 2:00 pm EST at the Louisiana Housing Corporation (2415 Quail Drive Baton Rouge, LA 70808). […]

The Massachusetts Department of Housing and Community Development (DHCD) scheduled a public hearing to solicit comments on the 2020-2021 Draft QAP. The hearing will be held at 1:30 pm EDT on October 10, 2019, in second floor conference room A, 100 Cambridge Street, Boston, MA 02114.

The Michigan State Housing Development Authority (MSHDA) will hold a hearing on October 25, 2019 from 10:00 am to noon EDT to take comments and suggestions for modifications to the QAP for 2021-2022. The hearing will take place at MSHDA’s Lansing office (735 E. Michigan Ave. Lansing, MI 48912). If you wish to attend the […]

Minnesota Housing is holding a final comment period for the 2021 QAP through October 4 at noon CDT to receive feedback on additional proposed changes generated from public comments received during the initial public comment period from July 25, 2019 through August 26, 2019. Minnesota Housing will hold a public hearing on Thursday, October 3 from 1:30-2:30 pm CDT.

The New Mexico Mortgage Finance Authority (MFA) and the Department of Finance and Administration, Local Government Division (DFA) are seeking public comment on the Draft State of New Mexico 2020-2024 Consolidated Plan and 2020 Annual Action Plan. Comments are due by October 31, 2019. MFA will hold a public hearing on the drafts on October 23 at 5:00 pm MDT.

The North Carolina Housing Finance Agency posted the second draft of its 2020 QAP. The following are the significant changes: Elderly projects are now referred to as Senior projects; The nonprofit allocation cap has been removed; Monitoring fees are $1,200 per unit for non-Income Averaging projects due to the new IRS mandated monitoring requirements; Project […]

Oregon Housing and Community Services (OHCS) will hold a Housing Stability Council meeting on Friday, October 6, 2019 from 9:00 am to 2:00 pm PDT. Attendees can participate in person at OHCS (725 Summer St. NE, Salem, OR) in conference room 124 A/B or via phone: 1-877-273-4202; Participant Code: 4978330. The meeting materials packet is […]

RIHousing announced the issuance of $73.6 million of new bonds, the first ‘Sustainability Bonds’ to be offered by the agency. The sale of the bonds will fund the acquisition and rehabilitation of 752 rental homes for low- and moderate-income Rhode Islanders.