Qualified Allocation Plans

Delaware State Housing Authority has published a Draft Allocation Plan for the anticipated $3M of funds it will receive through the National Housing Trust Fund.

The New York State Legislature approved $150M in new funding towards supportive housing. This amount leaves advocates wanting, however.

California’s new Low Income Weatherization Program (LIWP) offers financial incentives to cover a significant portion of energy efficiency and solar installation costs for eligible projects. LIWP funds will typically cover approximately 30-80% of the efficiency project costs and 50-100% of solar PV systems, depending on the scope of work, project size, projected GHG reductions, and other project variables. For LIWP to provide the highest value to your projects, enroll early in the predevelopment stage to get help planning the scope of work. LIWP incentives may be integrated as part of a rehabilitation project or used for a standalone energy retrofit project.

Kentucky Housing Corporation is currently drafting amendments to its 2016 Consolidated Action Plan and 2015-2019 Consolidated Plan to incorporate the National Housing Trust Fund. A public hearing will be held to solicit public input.

Amendments have been made to the FY2015-2019 Consolidated Plan as well as the FY2016 Action Plan. The amendments include strategies and information on implementing the NHTF and a public comment period is forthcoming.

The West Virginia Housing Development Fund has announced a likelihood that West Virginia’s next QAP will award points for properties that utilize National Housing Trust Fund (NHTF) monies and have project-based rental assistance.

The California legislature’s Budget Conference Committee vetted Governor Jerry Brown’s budget on June 9th, to be followed by a formal vote by the state Senate and Assembly in the near future. Democrats in the Assembly have been arguing for a boost in housing subsidies, while Brown has been arguing instead for passage of a by right development policy which would ease the zoning approval process for affordable housing developers.

Michigan expects an allocation of $3,522,622 from the National Housing Trust Fund for the upcoming year and has drafted an allocation plan and amended its Action Plan to reflect such. The public comment period is currently open.

Three of the state’s four revitalization programs have begun the application process for FY17 funding.

The due date is nearing for developers constructing or rehabilitating affordable housing statewide to apply for an allocation of 4% housing tax credits.

Multifamily HOME funded projects still in their affordability period are required to submit an Annual Rent Approval Form by July 8, 2016.

Virginia Housing Development Authority (VHDA) will be holding a 2017 QAP Forum to discuss potential updates to next year’s QAP.