- CTCAC is pleased to announce the new joint CDLAC-CTCAC online application for projects seeking tax-exempt bonds and 4% tax credits. The joint application allows a single application to be submitted to both CDLAC and CTCAC simultaneously through CDLAC’s online application webpage. We hope applicants and users find the joint application streamlines the application process and reduces application preparation time. Login to the online application to view this new option. Joint application submissions will be approved by CDLAC and CTCAC Committee members at their respective meetings on the same date; separate Committee dates are not permitted when using the joint application. Both CTCAC and CDLAC staff will review the joint applications.For 2018, the joint application submission deadlines and approval dates are:
Application Deadline Committee Meeting
May 18 July 18
August 17 October 17
September 14 November 14
October 12 December 12
* Meeting dates are subject to change, please check the CDLAC and CTCAC websites as you prepare applications. If you have questions please contact Gina Ferguson of CTCAC, Ruben Barcelo of CDLAC, or CTCAC staff. If preferred, applicants may continue to submit separate applications to CDLAC and CTCAC until further notice.
- The 2018 Housing Hero Awards will be presented at the Housing Hero Luncheon on Friday, August 24 as part of the 2018 Arizona Housing Forum at the JW Marriott Starr Pass in Tucson. The deadline for nominations is Friday, June 1, 2018. Awards will be presented in the following seven categories: Innovative Supportive Housing Program or Service; Outstanding Affordable Housing Initiative; Exemplary Rural Multifamily Project; Exemplary Urban Multifamily Project; Tribal Initiatives; Arthur Crozier Partner in Housing Award; Elected Official. Review the full description of each award category. Download the 2018 Nomination Form for more information. Please email nomination submissions and attachments to email@example.com.
- The Arizona Department of Housing (ADOH) is holding a public hearing to receive input on the 2018-2019 Annual Action Plan, the 2018-2019 National Housing Trust Fund Annual Allocation Plan and the 2018-2019 Weatherization Assistance Program State Plan. Please download the Information Bulletin for additional information.
- The Semi-Annual Report for the current Davis-Bacon HUD Labor Standards Reporting Period 1 (October 1, 2017 through March 31, 2018) are due April 4, 2018. For HOME Reports, please submit to: Mauro Lara, Department of Housing and Community Development, DFA – Labor Compliance, 2020 West El Camino Avenue, Suite 400, Sacramento, CA 95833, HOME@hcd.ca.gov
- California Debt Limit Allocation Committee 5-Day Notice of Intent to Readopt QPEFB Emergency Regulations (OAL File No. 2017-0929-01E). Click here for details.
- On March 22, 2018 HUD issued Housing Notice H 2018-02. This Notice supplements Housing Notice H 2013-17, providing additional guidance to owners of pre-1974 Section 202 Direct Loan properties that have the option of refinancing the Section 202 Direct Loan for the purposes of reducing the interest rate and/or making capital improvements. To prevent the displacement of unassisted, low-income elderly tenants following the refinancing of a pre-1974 Section 202 Direct Loan, HUD is authorized to provide rental assistance under the Housing Choice Voucher (HCV) program or to provide project-based rental assistance under a Senior Preservation Rental Assistance Contract (SPRAC). This Notice provides additional guidance on each. To view the notice click Here
- 3,300 Units of Supportive Housing by 2020: On Tuesday, the LA City Council unanimously voted to approve the 222 Plan, a new citywide initiative, supported by the United Way and others, to build supportive housing units in communities across Los Angeles to combat homelessness. “This vote show LA’s commitment to solving the greatest social issue of our time,” said Councilmember Krekorian. “We need to give the most vulnerable among us a lift up, and we can do this with more supportive housing. If we want people to stop sleeping in parks and on sidewalks, we have to build housing in every single neighborhood in Los Angeles.” The plan seeks to create a minimum of 3,330 supportive housing units by 2020, with at least 222 units in each of LA’s 15 council districts.
- According to the LA Times “In summer 2016 the state approved its largest homeless program, a $2-billion loan to help finance new housing, but the money is tied up in court. That same year, lawmakers allocated $35 million for rental assistance and emergency shelters, but staff shortages at the housing department delayed spending the money for 18 months. Last year’s package of housing legislation included more than $100 million for programs to help the homeless, but the state won’t begin spending those dollars until fall at the earliest. The spending difficulties come as the state’s homeless population has risen 16% over the past two years. Next year, the state expects to spend $700 million on homelessness, though more than a third of that amount is tied up in litigation. The state money is spread across six departments, and uncertainty over what’s being spent led to frustration at a recent legislative committee hearing.” An additional $1.6 Billion to $2 Billion has been proposed for the future budget.
- California Tax Credit Allocation Committee: The recently enacted federal omnibus appropriations bill includes a 12.5% increase to each state’s 9% tax credit allocation for years 2018 through 2021. CTCAC will add the additional credits available for 2018 to the second round credit estimate. The 1st round credit estimate remains unchanged.
- The federal omnibus appropriations bill allows tax credit projects to income average. Please see the proposed CTCAC emergency regulations changes to implement this concept in California. The comment period is open through April 20. The Proposed changes may be viewed Here.
- Rental Assistance Demonstration (RAD): New Materials on the Conversion of Moderate Rehabilitation Contracts- Several new resources on the RAD for Moderate Rehabilitation (Mod Rehab) owners are posted to the HUD Exchange. Recording and Q&As: Conversion of Moderate Rehabilitation Contracts Webinar – January 30, 2018 –The webinar recording, questions and answers from participants, and other materials are available for this webinar on RAD conversion of Mod Rehab properties. RAD Mod Rehab Fact Sheets–Three new RAD Mod Rehab fact sheets, which provide an overview of the benefits of RAD Mod Rehab conversion for different audiences, as well as the application process, are now available. Mod Rehab Talk–Sign up for Mod Rehab Talk, a 30-minute session to speak with HUD staff one-on-one to discuss your properties, questions about RAD conversion, preservation strategies, and the RAD application process. After this initial call, owners who need further consultation and guidance may be referred to technical assistance (TA) providers for on-call direct TA.
- The 2018 Federal budget has been passed and increases funding to many housing programs. The President’s proposed 2019 budget is not that friendly. For more info on the budgets, as well as Legislative and Regulatory updates and A Fair Housing Retrospective be sure to attend AHMA-PSW’s Membership Meeting, Thursday, April 5, 10:00 AM at Tamayo Restaurant, 5300 E Olympic Blvd. For more information and to register click Here