Connecticut
Connecticut Publishes COVID-19 Landlord Survey Results
In response to the COVID-19 pandemic in Connecticut, the Office of the Governor, the Department of Housing, the Connecticut Housing Finance Authority, HUD and other partners conducted a survey of residential landlords.
Connecticut Holds 2020 QAP, Hybrid Financing Structure Guidelines Hearing on June 17
The Connecticut Housing Finance Authority will hold a virtual public hearing and comment period on June 17 regarding its proposed 2020 QAP and Hybrid Financing Structure Guidelines, which are referenced in the QAP.
Connecticut Extends Ten Percent Test, Placed-in-Service Deadlines
The Connecticut Housing Finance Authority (CHFA) is offering owners that have or will execute a carryover allocation agreement between December 1, 2019 and December 31, 2020 the ability to request the following extensions:
A six-month extension of the ten percent test deadline for carryover allocations as required by Internal Revenue Code (IRC) Section 42(h)(1)(E)(ii) and IRS regulation 1.42-6.
A 12-month extension of the placed in-service deadline as required in IRC Section 42(h)(1)(E)(i).
Connecticut Offers COVID-19 Financial Relief for Multifamily Mortgagors
Any mortgagor of a multifamily rental housing development in the Connecticut Housing Finance Agency (CHFA) portfolio who is experiencing financial distress due to COVID-19
Connecticut Issues Safe Workplace Rules for Construction Sites
The Connecticut Department of Economic and Community Development (DECD) published Safe Workplace Rules for Essential Employers. In addition to general guidelines for all essential employers, DECD included a section specifically regarding construction sites:
Connecticut Extends Quarterly Report Submission Deadline to May 29
The Connecticut Housing Finance Agency is extending the deadline for quarterly submissions to May 29, 2020. To the extent you are able to provide your quarterly reports prior to May 29, please do so.
Connecticut Updated information on COVID-19 regarding Inspections, Compliance Monitoring, Site Visits and Insurance Invoices
Connecticut Housing Finance Authority (CHFA) continues to monitor the situation with COVID-19 and as additional information becomes available, reserves the right to update or modify the guidance below.
Connecticut COVID-19 Business Operations Notice
I wish to first thank you for your efforts in supporting Connecticut Housing Finance Authority (CHFA) mission in making housing affordable to low and moderate income families and persons in the State of Connecticut.
Connecticut Suspends Site Visits
Routine site visits conducted by Connecticut Housing Finance Authority (CHFA) asset management staff are being suspended until further notice. However, site visits which are critical in nature or related to an emergency or immediate need as feasible will be addressed as required per current policies and procedures.
Connecticut Development Engagement Process – Opportunities for Funding
The Connecticut Department of Housing (DOH), in collaboration with the Connecticut Housing Finance Authority (CHFA), is inviting any Developer/Owner that is looking to apply for funding and/or other resources from DOH and/or CHFA for the new construction, substantial rehabilitation, and/or preservation of affordable housing in the next calendar year to participate in a new Development Engagement Process.
Connecticut Announces Masouda Omar as New Managing Director of Multifamily Housing Development
Masouda Omar will begin as Managing Director of Connecticut Housing Finance Authority’s Multifamily Department on February 21. During her more than 20 years at Colorado Housing and Finance Authority, Omar worked in economic development, community development, asset management and program compliance.
Connecticut Posts 2020 LIHTC Q&A
The Connecticut Housing Finance Authority posted the 2020 LIHTC Overview session presentation, as well as the 2020 LIHTC Questions and Answers. As a reminder, all 2020 LIHTC applications must be submitted electronically through the SharePoint website using the Consolidated Application Version 2020 by no later than 4:00 pm ET on February 14, 2020. SharePoint sites […]