Qualified Allocation Plans

Kentucky Housing Corporation is currently drafting amendments to its 2016 Consolidated Action Plan and 2015-2019 Consolidated Plan to incorporate the National Housing Trust Fund. A public hearing will be held to solicit public input.

Amendments have been made to the FY2015-2019 Consolidated Plan as well as the FY2016 Action Plan. The amendments include strategies and information on implementing the NHTF and a public comment period is forthcoming.

The West Virginia Housing Development Fund has announced a likelihood that West Virginia’s next QAP will award points for properties that utilize National Housing Trust Fund (NHTF) monies and have project-based rental assistance.

The California legislature’s Budget Conference Committee vetted Governor Jerry Brown’s budget on June 9th, to be followed by a formal vote by the state Senate and Assembly in the near future. Democrats in the Assembly have been arguing for a boost in housing subsidies, while Brown has been arguing instead for passage of a by right development policy which would ease the zoning approval process for affordable housing developers.

Michigan expects an allocation of $3,522,622 from the National Housing Trust Fund for the upcoming year and has drafted an allocation plan and amended its Action Plan to reflect such. The public comment period is currently open.

Three of the state’s four revitalization programs have begun the application process for FY17 funding.

The due date is nearing for developers constructing or rehabilitating affordable housing statewide to apply for an allocation of 4% housing tax credits.

Multifamily HOME funded projects still in their affordability period are required to submit an Annual Rent Approval Form by July 8, 2016.

Virginia Housing Development Authority (VHDA) will be holding a 2017 QAP Forum to discuss potential updates to next year’s QAP.

Wisconsin Housing and Economic Development Authority (WHEDA) is in the process of drafting an Allocation Plan for the National Housing Trust Fund (NHTF). Comments are currently being accepted.

In September 2016, Alaska Housing Finance Corporation (AHFC) will announce the FY 2017 Notice of Funding Availability (NOFA) for its Greater Opportunity for Affordable Living (GOAL) Program. For eligibility to apply for GOAL Program funds, all applicants are required to comply with a sequential three (3) step application process. Applicants will NOT be eligible to apply for GOAL funding unless they first meet both deadlines for Steps (1) and (2).

The South Carolina State Housing Finance and Development Authority’s (SC Housing) Compliance Monitoring Department is hosting a workshop to provide an overview of compliance requirements for HOME and LIHTC/HOME developments.