Qualified Allocation Plans

In the development of the 2016 Draft Underwriting and Loan Policy rules, Post Award and Asset Management Requirements rules, Texas Department of Housing and Community Affairs will be hosting a roundtable on Monday, August 24, from 9:00 a.m. to 12:00 p.m., at the Pecan Room at the Norris Conference Center (2525 West Anderson Lane, Suite 365, Austin, TX 78757).

In the development of the 2016 Draft Qualified Allocation Plan and Uniform Multifamily Rules, Texas Department of Housing and Community Affairs staff is seeking input through an Online Forum for discussion on specific scoring items and/or other topics related to its multifamily funding activities.

Oregon Housing and Community Services is currently in the midst of several planning efforts, including the Qualified Allocation Plan, or QAP, 2016 LIHTC NOFA, and the Balance of State Consolidated Plan. OHCS has been conducting stakeholder outreach meetings with participating jurisdictions, lenders and investors, and developers and partners who participate in both the 9% LIHTC program and 4% LIHTC program.

OHFA announced new monitoring procedures for Extended Use properties. Effective January 1, 2016, properties in the Extended Use period (between 16 and 30 years of compliance), will have both physical and file reviews conducted on either a three- or five-year rotation cycle.

Ohio Housing Finance Agency’s (OHFA) Compliance Training focuses primarily on the basics of compliance for the Housing Tax Credit program (also known as the HTC program). Because compliance rules and procedures are frequently updated, the course is beneficial for individuals new to the Housing Tax Credit program as well as seasoned veterans.

The final draft of the 2016-2017 Multifamily Underwriting Guidelines will be reviewed by the OHFA Board for approval on Wednesday, August 19. The final draft will be available on the OHFA website on Monday, August 17. The final draft of the 2016 Multifamily Lending Program Guidelines was approved by the OHFA Board on Wednesday, July […]

The 2015 Bond Gap Financing Program (BGF) Guidelines were approved by the OHFA Board on Wednesday, June 17. The final drafts of the BGF Guidelines and the BGF Application and Index are available on the OHFA website.

The 2015 Housing Credit awards are now posted on the Agency website. Credits were awarded to 43 projects in 36 counties totaling 2,828 units. Six tax exempt bond projects totaling 862 units were also approved this cycle.

New York announced a Unified Funding Request for Proposal, a competitive RFP process than allows applicants to apply for 11 different funding sources using one application. HCR is offering an accelerated Early Award option for shovel-ready projects that clearly advance State housing goals, such as Transit Oriented Development, Housing Opportunity Projects, and Mixed-Income, Mixed-Use Revitalization.

Minnesota Housing is excited to partner with the National Development Council to offer the Housing Development Finance Professional Certification Program™ (HDFP) in Minnesota. The HDFP Certification Program is a four-course training program that explores the development process, financial analysis techniques, deal structuring, and negotiating skills needed to successfully develop and finance affordable home ownership and […]

Minnesota Housing has released a draft of the 2016 Affordable Housing Plan, our annual business plan. The Affordable Housing Plan outlines key programmatic and policy initiatives, specifies program-by-program funding and establishes production goals. We encourage you to review and comment on the plan. To learn more about the plan and participate in a discussion, please join […]

The Michigan State Housing Development Authority announced that the first competitive funding round for 2016 Low Income Housing Tax Credit will have an application submission deadline of 5:00 p.m., October 1, 2015.