Qualified Allocation Plans

The Ohio Office of Planning, Preservation and Development released the final draft of the2016-2017 Qualified Allocation Plan. This plan will be presented to the Board of the Ohio Housing Finance Agency on Wednesday, June 17 for final consideration and approval.

Applications for the 2015 Competitive Funding Round are due by Tuesday, September 8, 2015 at 5:00 PM. Applications must be delivered to the mailroom on the ground floor of 7800 Harkins Road, Lanham, Maryland 20706.

John Maneval has re-joined DHCD as CDA Deputy Director for Multifamily Housing and Neighborhood BusinessWorks. In this position, John will oversee all Multifamily Housing activity as well as the growth of the Neighborhood BusinessWorks Program.

Ohio Capital Corporation for Housing (OCCH) Training Academy will be providing a one-day training on Tuesday, August 11, 2015, at the Lexington Fayette Urban County Housing Authority, in Lexington, Kentucky, from 10 a.m.-4 p.m. ET.

KHC announced the creation of Kentucky Affordable Housing Coalition Inc., which is a collective body formed by the collaborative efforts of several external partners. The Kentucky Affordable Housing Coalition Inc. is open to anyone involved in creating opportunities for safe, decent, and affordable housing.

Kentucky Housing Corporation is hosting an open forum to solicit feedback for the 2016 Qualified Allocation Plan (QAP). The forum will be held on Wednesday, July 15, 2015, from 1-4 p.m. ET, in the conference room of the Kentucky Higher Education Assistance Authority, 100 Airport Road, Frankfort, Kentucky.

In an effort to increase the use of Tax-Exempt Bonds and private investment in affordable multifamily housing, as well as to stimulate the construction or rehabilitation of quality affordable rental housing, Kentucky Housing Corporation (KHC) has issued a draft Notice of Funding Availability (NOFA) for Gap financing to be utilized with Tax-Exempt Bonds.

The Round Three (9%) Applicant Report And Application Narratives are now available on the Colorado Housing Finance Authority website.

SB 377, a complementary initiative to AB 35 that would increase the value of the state Low Income Housing Tax Credit by up to 40% without costing the state any additional revenue, passed off the State Senate floor Tuesday with a 35-0 vote and now heads to the Assembly.

The Tax Credit Allocation Committee announced updates to the 4% + state credit application. Special needs housing type applicants should use the current 4% + state credit application (dated May 21, 2015) for second round submissions.  The previous application had an error in the calculation of the maximum state credit amount.

The South Dakota Housing Development Authority (SDHDA) Board of Commissioners recently approved the funding of 15 projects with money from the Housing Opportunity Fund (HOF).

Kentucky Housing Corporation announced the latest round of funding from the Affordable Housing Trust Fund (AHTF) and the HOME Investment Partnerships (HOME) Program. Three recipients around the state of Kentucky will receive a total of $237,000 to fund an estimated five units of affordable housing.