Qualified Allocation Plans Category Archives

Massachusetts DHCD Increases Admin Fee for State Rental Assistance Programs

| Qualified Allocation Plans

On December 20, the Massachusetts Department of Housing and Community Development (DHCD) announced an increase of the administrative fee for all state funded voucher programs from $40 to $50 per voucher, effective February 1, 2020. This includes the Massachusetts Rental Voucher Program, Alternative Housing Voucher Program, and the Department of Mental Health Rental Subsidy Program. DHCD last raised the fee in 2014.

Minnesota Seeks Feedback on QAP by February 24, Hosts QAP Sessions

| Qualified Allocation Plans

In the coming months, Minnesota Housing will lead and participate in several engagement opportunities that will gather input from a variety of stakeholders including local units of government, community-based organizations, economic development organizations, state agencies, funding and collaborating partners, developers and communities most impacted by housing needs as they develop the 2022 QAP.

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FHLBNY & NJHMFA Joint Training

| Qualified Allocation Plans

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the Federal Home Loan bank of New York (FHLBNY) are hosting a joint training session on financing options. The session will run from 8:30 am to noon ET on January 29 at NJHMFA’s office (637 South Clinton Avenue Trenton, NJ 08611). Register here. Seating is limited to 150 registrants. Please contact Cynthia Gonzalez at cagonzalez@njhmfa.gov with questions.

Letters of Intent Due to New Mexico on January 24

| Qualified Allocation Plans

A hard copy Letter of Intent to Submit an application to the New Mexico Mortgage Finance Authority (MFA) is due by 5:00 pm MT on January 24. MFA will begin accepting applications for the nine percent allocation round on February 3, and will continue to do so until 5 pm MT, on February 14. Applications must be both in electronic format and uploaded to the file sharing site and submitted to its office at 344 Fourth Street SW, Albuquerque, NM 87102 by the February 14 deadline.

Upcoming Trainings in West Virginia

| Qualified Allocation Plans

2020 LIHTCP Application Workshop
Tuesday, March 24, 2020
Holiday Inn Hotel & Suites, South Charleston, WV

2020 Green Building Training for Residential Housing
Thursday, April 30, 2020
West Virginia Housing Development Fund (WVHDF), 5710 MacCorkle Avenue SE, Charleston, WV 25304

2020 Fair Housing & Americans with Disabilities Act Training
Friday, May 1, 2020
WVHDF, 5710 MacCorkle Avenue SE, Charleston, WV 25304

Delay in Virginia’s Reach Lending Policy Effective Date

| Qualified Allocation Plans

On August 26, 2019, the Virginia Housing Development Agency (VHDA) announced new policies regarding use of REACH Virginia funds, which was to become effective immediately for tax-exempt bond loans, as well as any taxable loan associated with nine percent LIHTC deals applied for in the 2020 allocation round. In response to public comments VHDA will delay implementation of any change in such policy to a date to be determined, but not earlier than June 30, 2020.

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