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.
This open forum is not an official public comment period, nor is it mandatory. It will provide developers and interested parties an opportunity to submit recommendations for the 2017 Qualified Allocation Plan (QAP).
No registration is required but participants must attend in-person, as there will not be a conference call option available.
All recommendations are appreciated, but IFA is specifically interested in feedback on the following areas:
1. Set-Asides
2. Unit cost cap limits and construction costs.
3. Developer Experience
4. Local government contribution and local support.
5. Points for IFA Construction Loan
Please email recommendations to: housingtaxcredits@iowa.gov by 4:30 p.m. on Friday, April 15. Please submit topics and recommendations for discussion, even if you are unable to attend.
The approximate timeline for the 2017 QAP is as follows:
- July: Draft 2017 QAP approved by the IFA Board
- August: Public comment period (min. 20 days) and Public Hearing
- September: IFA reviews comments and develops final QAP
- October: Final 2017 QAP approved by the IFA Board and On-line Application Training
- December: 2017 LIHTC Applications Due
