Qualified Allocation Plans

The Bank’s 2015 Affordable Housing Program (AHP) funding round opened June 8 with approximately $23 million in funding available. Applications are due August 11. Funding is available for projects in Delaware, Pennsylvania, and West Virginia.

The HUD Milwaukee office reviews the reasonableness of management fees every two years and establishes a maximum allowable fee.  Effective September 1, 2015, the maximum allowable fee will be $48 per unit per month.  The per unit per month amount is used to establish the management fee percentage.

WHEDA announced that, effective immediately, any Tax Credit property that has been utilizing the local PHA utility allowance, submission of AHTC Form 205 Part A will no longer be required. However, all Owners/Managers are still required to:

Please visit WHEDA’s website for a list of updated census tracts that make-up the Employment Center and/or High Need Areas for the 2016 LIHTC cycle.

Click here to access the Universal Design Seminar information. Universal Design Certificate holders who last completed a VHDA Universal Design Seminar prior to January 1, 2011 must re-attend in order to remain current and eligible to earn points on the Tax Credit Application. The seminar will take place on October 29, 2015. Any questions on […]

A 2016 Tax Credit Program forum will be held before the Virginia Housing Coalition’s Tax Credit Conference on October 8th at the Westin Hotel in Richmond Virginia from 9:30am-10:30am. VHDA will discuss manual and application changes (there will be no changes to the QAP).

The State of Minnesota is developing its 2016 Action Plan and 2015 Consolidated Annual Performance and Evaluation Report (CAPER). We encourage you to participate in the development of both documents.

Massachusetts Department of Housing and Community Development (DHCD) posted the Draft FY 2015 – 2019 Consolidated Plan.The Consolidated Plan also includes the Draft FY 2015 Annual Action Plan.

KHC has developed new cost certification guidelines applicable to all multifamily projects. These guidelines are designed to assist owners, contractors, and independent certified public accountants in the preparation and submission of the Contractor’s Cost Certification Forms for KHC’s development programs, including the Low Income Housing Tax Credit (LIHTC) program.

Based on comments received at the developer’s forum held on July 15, 2015, Kentucky Housing Corporation (KHC) has made revisions to the draft score sheet within the rehabilitation projects section. The score sheet is subject to further revision as additional comments are received; however, the final draft will be made available for public review.

The 2016 Draft Qualified Allocation Plan (QAP) and score sheet for the 2016 multifamily funding round is now available for review and is posted on Kentucky Housing Corporation’s website, under Development; Multifamily; Applications, Guidelines, and Scoring. KHC will host an open forum to solicit feedback for the draft QAP and scoring. The forum will be […]

Kentucky Housing Corporations invites multifamily developers, consultants, investors, or other interested parties to attend a public hearing for the 2016 Low Income Housing Tax Credit (Housing Credit) Qualified Allocation Plan (QAP). The public hearing will be held from 9 a.m.-noon on Tuesday, August 4, 2015, in the conference room of the Kentucky Higher Education Assistance […]