2022-2023 Annual Plan and - ohiohome.org

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Transcript of 2022-2023 Annual Plan and - ohiohome.org

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2022-2023 Annual Plan and Qualified Allocation Plan

Pre-Draft Public Forum

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Agenda• Overview of Annual Plan• Annual Plan Poll Questions• Annual Plan Open Comment• Qualified Allocation Plan Outlook• QAP Polling Questions• QAP Open Comment

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We are gathered here today…

Housing Needs

Assessment

Annual Plan

Qualified Allocation Plan

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What’s happening across the state and what are the biggest needs?

What are OHFA’s priorities as an agency?

How will OHFA work toward those policy priorities?

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ANNUAL PLAN

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QUALIFIED ALLOCATION PLAN

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QAP Planning CalendarApril: Stakeholder meetings May: Pre-Draft Forum; Continued stakeholder meetingsJune: First Draft releasedJuly/August: Second Draft releasedSeptember: Final QAP Approval

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QAP Planning ProcessObservations + Lessons Learned

Stakeholder FeedbackDeveloper community, advocates, OHFA staff, etc.

(in combination with Annual Plan)

Research + DataAnalysis of previous rounds, Housing Needs Assessment, emerging topics

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Planning Approach

• Use 2020-2021 QAP as a base• Continue to improve and refine based on

data and feedback• Align with other policy documents to better

support OHFA’s goals and priorities

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Data Updates

• Kirwan Opportunity and Change indices updates– USR updated with 2020 Census tracts– Indicator data refreshed when possible

• When possible and appropriate, data sourced updated

• Amenities updated to 2020/2021 locations

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Up for Consideration

• Local Initiatives 2.0• Geographic Definitions• Set-Asides• HUD 811 PRA• Broadband

• Max Credit Request• County Award Limits• Development Costs• Distance Buffers

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Local Initiatives 2.0• Innovative,

transformative projects• Large, multiple phases• New construction or

preservation (Choice Neighborhoods)

• Adaptive reuse

Up for Consideration

What about FHAct50?

• Expires in 2021• 12.5% annual credit

allocation increase no longer available

• AHCIA

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Reevaluation of Geographic Definitions• Evaluation of Urban and Non-Urban areas• Addition of Suburban pool • Family and Senior Compete Head to Head• Evaluate Appalachian Advantage

Up for Consideration

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Assess Need for Set-Asides• Non-Appalachian projects • RAD/Choice• Transition Aged Youth• Substance Abuse Recovery

Up for Consideration

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HUD 811 Project Rental Assistance (PRA)• Rental assistance program serving individuals with

disabilities at or below 30% AMI• Family projects only• Threshold versus competitive

Up for Consideration

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Broadband Infrastructure and Connectivity• Broadband infrastructure (threshold)• Free Wi-Fi in community space (competitive)*• Free high-speed internet in all units (competitive)*

*May depend on geography/availability

Up for Consideration

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Maximum Allowable Credit Request• Urban Pools Only*• Minimum unit count vs escalating scale

*Would result in fewer awards overall

Up for Consideration

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County Award Limits• Cap on number of awards made per county

– Avoid oversaturation of market– Promote geographic diversity– Target underserved (underfunded) areas with high need

and demand

Up for Consideration

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Development Costs• Development cost caps• Impact of lumber cost increases, supply chain issues• Composite score tie-breaker

Up for Consideration

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Distance Buffering• Amenity boundaries• Opportunity Map boundaries

Up for Consideration

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Polling Questions

Please go to www.menti.com on your computer or mobile device

Enter code 4166 4777

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Open Comment Period 22

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Thank you!

Provide pre-draft thoughts, feedback, and suggestions to:

[email protected]

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