Qualified Allocation Plans Category Archives

Virginia Nine Percent Reservation Application Now Avaialble

April 1, 2020 | Qualified Allocation Plans

All 2020 competitive nine percent reservation applications are now available, all accompanying market studies for applications are available here. Please note the competitive nine round continues on track with original timelines with staff currently reviewing (remotely) all mandatory items.

Tennessee Adds $100 Million to 2020 MTBA

April 1, 2020 | Qualified Allocation Plans

The Tennessee Housing Development Agency (THDA) Board of Directors has approved an additional $100 million of 2020 Multifamily Tax-Exempt Bond Authority (2020 MTBA). For your convenience the summary can be found here. The current available MTBA as of March 30 can be found here.

Oregon Proposed Rule on Publicly Supported Housing Preservation

April 1, 2020 | Qualified Allocation Plans

Oregon Housing and Community Services (OHCS) is seeking feedback on a proposed rule that would amend and repeal rules for the Publicly Supported Housing Preservation process.

Ohio BGF Guidelines, Competitive HTC timing, and Consolidated Plan Updates

April 1, 2020 | Qualified Allocation Plans

Ohio Housing Finance Agency’s (OHFA) draft 2020 Bond Gap Financing (BGF) program guidelines are now available. The BGF program is geared toward developers using non-competitive (four percent) credits in conjunction with multifamily bonds. Comments on the draft guidelines can be sent to QAP@ohiohome.org and will be accepted through April 24, 2020.

Illinois Accepts Four Percent LIHTC Applications on a Rolling Basis in Q2 and Q3

April 1, 2020 | Qualified Allocation Plans

Illinois Housing Development Authority (IHDA) will now accept four percent LIHTC on a rolling basis for the second and third quarters of 2020. Quarterly application deadlines will resume October 1, 2020.

Wisconsin Governor Institutes 60-Day Moratorium on Evictions, Foreclosures

April 1, 2020 | Qualified Allocation Plans

Wisconsin Governor Tony Evers issued Emergency Order #15, which temporarily bans foreclosures and evictions. The order is effective immediately and shall remain in place for 60 days. Under this order, landlords are prohibited from serving any notice terminating a tenancy for failure to pay rent. As detailed in the order, landlords are also prohibited from commencing a civil action of eviction unless certain conditions are met.

West Virginia Maintains May 28 LIHTC Application Deadline

April 1, 2020 | Qualified Allocation Plans

The West Virginia Housing Development Fund (Fund) is currently committed to the due date of May 28, 2020, by 4:30 pm ET.

Temporary Relief for Texas DHCA-Controlled Multifamily Properties

April 1, 2020 | Qualified Allocation Plans

Given the current national economic situation and an expectation that numerous multifamily developments will experience rent shortages in the next months, and acknowledging the existence of various moratoria on evictions for non-payment of rent, Texas Department of Housing and Community Affairs (TDHCA) is announcing that it expects to not enforce its penalty, acceleration or foreclosure options for nonpayment on multifamily notes under its control for 60 days beginning on April 1, 2020, until May 31, 2020, to allow for the economic situation to stabilize and for implementation of a more comprehensive solution.

Oregon Suspends Evictions, Holds Weekly COVID-19 Calls on Wednesday’s at 2:00 pm PT

April 1, 2020 | Qualified Allocation Plans

The Public Affairs Division of Oregon Housing and Community Services (OHCS) will hold weekly statewide calls to provide the most up to date information from across OHCS related to COVID-19. These calls will take place every Wednesday from 2:00 to 3:00 pm PT for the foreseeable future.

Guidance to Properties with Ohio 811 PRA Funding

April 1, 2020 | Qualified Allocation Plans

State agency partners for the Ohio 811 Program and the Ohio Department of Medicaid Subsidy Demonstration (ODMSD) are issuing the following guidance to property owners and management agents due to the evolving public health situation with COVID-19:

Qualified Allocation Plans Category Archives

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