Qualified Allocation Plans

OHFA released preliminary reviews of the 2015 Housing Tax Credit Proposal Round (both scores and underwriting reviews) on Thursday, April 23. Applicants have two weeks to review the information and address issues identified. Responses must be received by OHFA no later than 5:00 PM on Thursday, May 7, 2015.

The New Jersey Housing and Mortgage Finance Agency announced the 2015 Unified Application for HMRA Multifamily Rental Housing Production Programs is now available to be downloaded for all Agency funding. The deadline to submit applications for the 9% Tax Credit round are as follows:

The Michigan State Housing Development Authority (MSHDA) announced the fifth round for the Gap Financing Program NOFA. The Gap Financing Program NOFA is designed to improve MSHDA’s direct-lending production by making available approximately $18 million in gap funding. This funding is being made available exclusively for MSHDA’s Tax Exempt – 4% Low Income Housing Tax […]

Kentucky Housing Corporation (KHC) has released the 2015 Application Guidelines for the HOME Investment Partnerships Program (HOME) for Tenant Based Rental Assistance activities (TBRA). The 2015 Application Guidelines are available on KHC’s website, under Development, Single-Family, HOME Tenant-Based Rental Assistance (TBRA).

Wisconsin Housing and Economic Development Authority amended its policy for recertification exemptions to clarify that if an owner has elected a BIN(s) as a project and all have been allocated as 100% low-income as documented on the Form 8609, line 8B these will not be required to complete an annual tenant income recertification.

Ohio Housing Finance Agency (OHFA) anticipates releasing preliminary reviews of 2015 Housing Tax Credit proposals (both scores and minimum financial evaluations) by 12:00 PM on Thursday, April 23. Applicants will have two weeks to review the information and appeal any decisions that have been presented.

Minnesota Housing and its partners announced the availability of funding to build and preserve affordable housing across the state. Total amounts available will be determined by the Minnesota Legislature and a final availability of funds notice will be distributed after the legislative session ends on May 18.

The Maryland General Assembly passed a budget that funds Rental Housing Works at $20 million. The program provides gap financing for the creation and preservation of affordable rental housing financed through Maryland Department of Housing and Community Development Multifamily Bond Program and Low Income Housing Tax Credit Program.

The Louisiana Housing Corporation will hold a Rental Assistance Demonstration (RAD) Workshop for Public Housing Authorities that are converting to RAD or are interested in the Program on Tuesday, April 28, 2015 in the V. Jean Butler Board Room at the Louisiana Housing Corporation.

The Colorado Housing Finance Agency opened registration for its 2015 Housing Credit Summit. The Summit will take place on June 16, 2015 in Denver.

On April 15, 2015, the California Assembly Housing and Community Development Committee passed Assembly Bill 35 out of its first committee with a rare unanimous vote. According to the California Housing Partnership Corporation, Assembly 35 will accomplish three main goals

The second draft of the 2016-2017 Qualified Allocation Plan (QAP) and a red-lined version are now available on the Ohio Housing Finance Agency website. OHFA partners are encouraged to respond to drafts of the QAP by attending upcoming public hearings and public forums and by providing written comments to [email protected].