All posts by Darryl Hicks

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Talking Heads: Julianna Stuart, POAH

For the past three years, Preservation of Affordable Housing, Inc. (POAH), a Boston-based, nonprofit affordable housing developer and property owner, has improved the lives of its tenants through a federal program called Family Self-Sufficiency (FSS).

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TCAC 2019 Application Workshops Across CA on Jan. 17, 18, 22, 23 & 24

2019 TCAC Application Workshops

SACRAMENTO
Jan. 17, 2019, 9:30am – 12:30pm
State Treasurer’s Office
915 Capitol Mall Room 587
Sacramento, CA 95814

OAKLAND
Jan. 18, 2019, 1:00pm – 4:00pm
Elihu Harris State Building
Room 2
1515 Clay Street
Oakland, CA 94612

SAN DIEGO
Jan. 22, 2019, 10:00am – 1:00pm
San Diego Housing Commission
4th Floor Conference Room
1122 Broadway
San Diego, CA 92101

LOS ANGELES
Jan. 23, 2019, 1:30pm – 4:30pm
Ronald Reagan State Building
Auditorium
300 South Spring Street
Los Angeles, CA 90013

PASADENA
Jan. 24, 2019, 12:00pm – 3:00pm
Pasadena Public Library
Auditorium
285 East Walnut Street
Pasadena, CA 91101

Download the 2019 TCAC Low-Income Housing Tax Credit (LIHTC) Workshops Flyer and Registration Link. 

For more information visit: California Tax Credit Allocation Committee

Texas Housing Publishes Assignment and Acceptance Of Control Form

The Texas Department of Housing and Community Affairs (TDHCA) Multifamily Finance Division posted the Assignment and Acceptance of Control form on its website at: http://www.tdhca.state.tx.us/multifamily/apply-for-funds.htm.

The Assignment and Acceptance of Control form is to be used by Development Owners, for purposes under 10 TAC Section 1.301(c)(9), to document that the Applicant is not in Control of a Development with Events of Noncompliance for purposes of management and compliance. The document may be revised by the Development Owner, as needed, to reflect the number of Control Parties as reflected in a newly-submitted organizational chart for the Development Owner. Only to the extent that an Applicant is intending for their portfolio to be reviewed as described by 1.301(c)(9), should this form be included with the PPR materials submitted with your Application. If you are not contemplating your portfolio being reviewed under 1.301(c)(9), you do not need to complete this document.

Questions regarding this email should be directed to TDHCA Competitive Housing Tax Credit Program Administrator Sharon D. Gamble at sharon.gamble@tdhca.state.tx.us or 512-936-7834.

Ohio Housing Posts Final FAQs, AHFA Updates, Guidelines, and more!

2019 Tax Credit Application Updates 
Frequently Asked Questions

The deadline to submit Frequently Asked Questions was December 28, 2018. The Final FAQ document has been posted to the Housing Tax Credit web page. Questions related to the AHFA or other minor clarifications can still be submitted to QAP@ohiohome.org.

AHFA Updates

The current version of the AHFA (dated 11.28.18) can be found on the Guidelines, Applications and Forms page. Several errors have been brought to our attention, but none are resulting in a new version of the AHFA. Please continue to the use the 11.28.18 version and the items below will be reviewed by the analyst upon submission to OHFA.

  • Budget & Costs tab
    • The category for cells C116-C123 is currently titled “Owner-Paid Common Area Utility”. The correct title is “Owner-Paid Utilities for Common Areas and Units”.
  • Scoring tabs (New Affordability and Preserved Affordability)
    • Local Partners
      • One of the drop-down options for Non-Profit Name references a broken link, so it will populate a #REF! error if that option is relevant to the project.
  • Scoring tabs (New Affordability only)
    • Extremely Low Income Targeting
      • The points for the Income Average option are incorrectly auto-populating. They currently auto-populate five points. The correct point total for the Income Average option is ten points. (QAP, p. 49)

Upcoming Deadlines

The following deadlines are quickly approaching:

  • January 18 – Recommended deadline to commission market studies; Deadline to submit requests for exceptions; AND Deadline to submit 811 pre-approval applications.
  • February 21 – Deadline to submit proposal applications to OHFA, due no later than 5:00 p.m. ET.

Application Resources 

Don’t forget that all of the documents needed to prepare and submit an application in February can be found on OHFA’s website:

2019 Program Guidelines
PP&D staff is in the process of reviewing and revising guidelines for several programs. Below are the guidelines under review and the estimated dates they will be presented to the OHFA Multifamily Committee. Drafts of each guideline document will be posted on the program-specific web page in advance of the noted meeting date.

Multifamily Lending Program: Draft guidelines will be presented at the January 9, 2019 meeting. The 2018 MLP Guidelines can be found here.

Housing Development Gap Financing: Draft guidelines will be presented at the February 13, 2019 meeting. The 2018 Consolidated HDAP Guidelines can be found here.

Bond Gap Financing: Draft guidelines are planned to be presented in late winter/early spring 2019. The 2018 Consolidated HDAP Guidelines can be found here.

Housing Development Loan program: Draft guidelines are planned to be presented in early spring 2019. The 2015 HDL Guidelines can be found here

Additionally, the Ohio Development Services Agency is in the process of drafting the PY 2019 Ohio Consolidated Plan. As part of this process, OHFA will be reviewing the HDAP sections of the Plan which include HOME, OHTF, and NHTF throughout the month of January. As the

NHTF Allocation Plan is part of this document, the PY 2019 NHTF Allocation Plan will be developed in concert with the Consolidated Plan and presented to the MF Committee as a draft in February.

A public hearing for the Draft PY 2019 Ohio Consolidated Plan is scheduled for March 8, 2019. More information can be found on the ODSA Ohio Consolidated Plan web page.

While more formal public feedback processes are still being developed, comments on the aforementioned documents are accepted at any time and can be emailed to Diane Alecusan at DAlecusan@ohiohome.org.

New Year’s Message From Oregon Housing

Dear Partners,

Happy New Year! Reflecting on 2018 has given me boundless hope for the coming year. As an agency we strived to improve on seven strategic goals and we will build on that momentum in 2019. With the release of the Energy Burden Ten-Year Plan and Assessment this month and the Statewide Housing Plan next month, we have mapped out our strategies and are ready to operationalize them. We look forward to working with our partners to better serve Oregonians.

I would be remiss not to mention the federal government shut down. As you are aware, this situation has created a general sense of uncertainty in our provision of services to Oregonians. Our local Public Housing Authorities and Community Action Agencies will continue to operate and we do not anticipate any lapse in services for a majority of programs at this time. This includes the Low-Income Home Energy Assistance Program (LIHEAP, funded through the Department of Health and Human Services), tenant-based rental assistance, project-based rental assistance, homeless assistance grants, and various block grants. However, staff are not working at the Department of Housing and Urban Development and any programs that require any sort of authorization, including a simple intervention to distribute funds, are on hold. Additionally, one key program is impacted. Services related to the Violence Against Women Act (VAWA) expired upon the federal government shutdown although many local programs will continue to operate utilizing other funding as it is available. OHCS will continue to monitor the shutdown and will respond as needed. More details on the impacts of the federal government shutdown can be found at the National Low-Income Housing Coalition website.

Projects Closing
Great news – we have closed on the funding for four additional affordable communities in the last month! Congratulations are in order for Portland Community Reinvestment Initiatives (PCRI), Evergreen Union Retirement Association, Greater Oregon Behavioral Health Inc. (GOBHI), and Central City Concern. Thank you to our partners and to OHCS staff for your work on getting these over the finish line.

  • King + Parks Apartments is a new multifamily development located in Portland that will serve families with children and the elderly. The seventy units also include workforce housing.
  • Ya Po Ah Terrace is the tallest building in Eugene at eighteen stories. It will be acquired and rehabilitated to include 202 affordable homes for low-income seniors and 20 market rate homes.
  • Clatsop Woman’s Supportive Housing will provide four homes combined with supportive services to single, pregnant, and parenting women in the early stages of recovery from substance use disorder.
  • The C.K. Henry Building will include the acquisition and rehabilitation of 158 affordable studios and 15 market rate studios to serve veterans, homeless households and those reentering the community after incarceration.
Manufactured Dwelling Parks Preservation NOFA 
Eligible manufactured dwelling parks, mobile home park resident groups, or qualified non-profits can access these funds to mitigate rising rents or gain ownership control over parks in danger of closing. The Notice of Funding Availability (NOFA) opened January 2nd, 2019 and closes September 3rd, 2019. The funds are first-come, first-reviewed. You can read the NOFA at this link.
Low-Income Utility Program Working Group – Governor’s Climate Cabinet
Under the leadership of Governor Brown’s Climate Cabinet, OHCS worked with the Public Utility Commission over five months to convene a collection of non-profits, electric and natural gas utilities, local jurisdictions, and legislators to review available energy assistance, efficiency and weatherization programs for low-income and historically underserved communities. That group’s report was released last month with four main recommendations, below. You can read the full report here.

1.  Give utilities the authority to create low-income programs and require annual reporting on data and metrics.

2.  Ensure low and moderate income customers, especially seniors, people with disabilities and environmental justice and rural communities are resourced to participate in the clean energy transition; including allocating funding which may be available under a Cap and Invest program to mitigate the impacts of climate change on low-income customers, reduce energy burden, and decrease carbon emissions.

3.  Make permanent an Energy Burden and Poverty Task Force to formalize and continue to further the development of innovative approaches to meeting the energy burden and reducing the greenhouse gas footprint of low-income Oregonians.

4.  Implement new programs, enhance existing program designs, and diversify funding sources to reach greater numbers of low and moderate income Oregonians.

Energy Burden Ten-Year Plan and Assessment 
Pursuant to Governor Brown’s Executive Order No. 17-20 and in partnership with the Department of Energy and the Public Utility Commission, OHCS created a 10-year plan to reduce energy burden and improve energy efficiency in affordable housing across the state. The plan, which is accompanied by an interactive assessment of energy use in affordable housing, provides recommended steps to reduce energy burden for low-income households. By improving energy efficiency, lower-income Oregonians can benefit from smaller utility bills and greater housing stability. Weatherization improvements have benefits beyond energy cost savings, these improvements create better indoor air quality and improved comfort and safety of homes, which every Oregonian deserves. The reduced greenhouse gas emissions make these efforts a win-win.
Point-in-Time Count
The Point-in-Time Count is critical to understanding what homelessness looks like in Oregon. While it doesn’t tell the whole story, it provides big picture information about those who do not have a permanent place to call home. At the end of January, Continuums of Care will work with hundreds of trained community volunteers to identify our most vulnerable neighbors who are experiencing homelessness. I urge all those who are able to volunteer their time to contact the people below to find out how you can support this work.