Qualified Allocation Plans

Florida Housing will hold a workshop on Thursday, April 28, 2016, starting at 1:30 p.m., Eastern Daylight Time, to discuss the proposed Allocation Plan with the public and stakeholders. The meeting will be available in person at Florida Housing Finance Corporation and also available by phone.

The Draft 2017-2018 Qualified Allocation Plan and related documents have been posted to the April 2016 Public Hearings page of the MSHDA web site.

OHFA intends to award and administer Rental Assistance Contracts (RAC) to eligible owners of multifamily rental properties funded by OHFA’s Housing Tax Credit Program.

OHFA announced that effective July 1, 2016, new requests for a consumption based utility allowance will not be accepted. Owners who have requested a consumption based allowance prior to July 1 are exempt from this suspension.

Oregon Housing Stability Council announced that the 2016 Qualified Allocation Plan has been signed by the state’s governor. 4% LIHTC applications are funded on an ongoing basis. OHSC has developed a new 2-step application process to give predictability over the timing of the 2016 QAP taking effect.

Florida Housing Finance Corporation will hold a workshop on Thursday, April 28, 2016, starting at 1:30 p.m., Eastern Daylight Time, to discuss a proposed National Housing Trust Fund (NHTF) Allocation Plan with the public and stakeholders.

The Washington State Housing Finance Corporation posted new information regarding stakeholder meetings on initial policy discussions and the timeline for the 2017 9% Tax Credit Program.

Applicants who make this request by 5:00 pm on April 13, 2016 may also receive a refund of the LIHTC application fee that was submitted with their application. After this date, all remaining applications will be processed, unless otherwise withdrawn by the applicant, and fees will not be returned.

The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding. This funding is being made available exclusively for MSHDA’s Tax Exempt – 4% Low Income Housing Tax Credit direct lending transactions.

As a result of concerns voiced during the 2017 QAP public hearing regarding the use of walkscore, the agency proposed changes to HFA:109.07.A. 10. to include another qualifying component – Community Center Area.

The Iowa Finance Authority will be hosting an open forum on Wednesday, April 20 from 9:00 a.m. – 12:00 p.m. at the Iowa Finance Authority.

Development teams will then have until Friday, May 20, 2016 to provide feedback regarding these preliminary scores and underwriting issues and assist OHFA in ensuring that all competitive categories have been accurately scored.