Qualified Allocation Plans

Partners and Stakeholders – I’m pleased to be reaching out to let you know that Housing Finance staff have worked diligently to streamline our site review and site visit process for the upcoming funding rounds. As you may know, in recent offerings OHCS has required potential applicants to submit their development site in advance of […]

Affordable Housing and Sustainable Communities Program Round 4 Draft Guidelines  Date Extended: Public Comment Period ends September 24 The Strategic Growth Council (SGC) just released the Round 4 Draft Affordable Housing and Sustainable Communities (AHSC) Program Guidelines. The draft guidelines are open for public comment and will close at 11:59 pm on September 24, 2018. Please send comments […]

September 27, 2018 10:00 AM – 12:00 PM OHFA’s Roger McCauley Board Room 57 East Main Street, Columbus, OH 43215 The purpose of this advisory committee is to provide feedback to OHFA regarding compliance policy and regulation impacting the operation of multifamily projects in Ohio. Agenda: Welcome and Introductions OHFA Updates Overview of Recent Changes […]

Interested Parties: The New Mexico Mortgage Finance Authority (MFA) is pleased to announce that its draft Low Income Housing Tax Credit Qualified Allocation Plan effective for 2019 (Draft QAP) is now available for review and download. Both a clean version and a redline comparison version to the 2018 QAP are available from the MFA website: […]

Florida Housing is developing a Multifamily Portfolio Preservation Plan. We have acknowledged that we do not have enough finite resources (9% Housing Credits, SAIL or HOME) to assist in preserving every property, and yet most properties will require some level of rehabilitation and recapitalization to ensure they reach their full 50-year affordability period in good […]

October 31, 2018 9am – 1pm Located at: The Lyceum, 227 Lawrence Street, Hartford, CT 06106 Ownes and Management Agents of LIHTC developments are required to attend CHFA’s Tax Credit Compliance Monitoring Conference at least six months prior to the first building’s Placed-In-Service date. Who should attend? Owners, Developers, and Agents with new LIHTC projects placing in service; […]

The next meeting of the Disability Advisory Workgroup (“DAW”) will take place on Wednesday, Oct. 10, 2018. The Texas Department of Housing and Community Affairs (“TDHCA”) staff believe that consultation with community advocates, funding recipients and potential applicants for funding is an essential prerequisite to the development of effective policies, programs and rules. In order […]

On September 13, 2018, at 10:30 a.m., Florida Housing issued RFA 2018-113 Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments.  To apply for funding, interested parties may access the complete RFA and the online Application at  https://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-113. Any modifications that occur to the Request for Applications will be posted on the […]

Proposed amendments, a new rule, and a repeal to the New Jersey Housing and Mortgage Finance Agency’s (Agency) rent rules, codified at N.J.A.C. 5:80-9, will be published in the September 17, 2018 New Jersey Register. The proposed amendments are also published on the Agency’s website. The Agency’s rent rules set forth the procedures for making […]

The Texas Department of Housing and Community Affairs (“TDHCA”) Asset Management Division would like to remind Owners and Management Agents of Housing Tax Credit (“HTC”) Developments that a fully executed and recorded HTC Land Use Restriction Agreement (“LURA”) must be received by TDHCA by Monday, Dec. 31, 2018, for any Development with buildings beginning their […]

The deadline for applications for the 2019 multifamily competitive 9 Percent Housing Credit funding round is noon ET, on Thursday, September 20, 2018. Applications for the 2019 multifamily Tax-Exempt Bond Notice of Funding Availability (NOFA) are due by Thursday, September 27, 2018; however, Kentucky Housing Corporation (KHC) reserves the right to extend this deadline, if […]

Kentucky Housing Corporation (KHC) has updated its 2019 – 2020 Multifamily Program Guidelines to state that the developer fee on Tax-Exempt Bond projects may not exceed 20 percent of the total development cost, minus the following deductions: Developer fee Consultant fee Any fees resembling developer or consultant fees Acquisition costs (related-party transfers only) KHC has […]