MSHDA’s Web Site LIHTC Information Available at .

21
MSHDA’s Web Site LIHTC Information Available at www.michigan.gov/mshda

Transcript of MSHDA’s Web Site LIHTC Information Available at .

Page 1: MSHDA’s Web Site LIHTC Information Available at .

MSHDA’s Web Site

LIHTC InformationAvailable at

www.michigan.gov/mshda

Page 2: MSHDA’s Web Site LIHTC Information Available at .

LIHTC Allocation Information

• Go to www.michigan.gov/mshda • Click on Developers & Contractors

along the left side• Click on link to Low Income

Housing Tax Credit Program

Page 3: MSHDA’s Web Site LIHTC Information Available at .
Page 4: MSHDA’s Web Site LIHTC Information Available at .

Sub-Sections of the LIHTC Web Page

Low Income Housing Tax Credits:(Detailed information to follow)

•Prior Year LIHTC Updates•Current LIHTC Program Updates•Qualified Allocation Plan•Introduction and Explanation of the LIHTC Program

Allocation Process and Forms:

(Detailed information to follow)

•Commitment Process and Forms•10% Certification Process and Forms•Placed in Service Process and Forms•General LIHTC Forms•MSHDA’s Combined Application for Rental Housing Programs

LIHTC Funding Information:

(Detailed information to follow)

•2003-2004 Funding Round Information•Individual Funding Round pages for each year from 2005 through the current year•Prior Year Allocations

Events:

(No further explanation needed)

•LIHTC Workshop (when applicable)•QAP Public Hearing (when applicable)Note: When no events are scheduled, this section does not appear on the web page

Page 5: MSHDA’s Web Site LIHTC Information Available at .

Low Income Housing Tax Credits:Prior Year LIHTC Updates: Information issued in previous years

regarding the LIHTC program are posted here, including funding round announcements and QAP updates.

Recent LIHTC Program Updates:

Letters issued regarding issues that affect the LIHTC Program are posted here. Updates are also available on other applicable LIHTC web pages.

Qualified Allocation Plan: •All sections of the Combined Application are available on this page in pdf format. Documents that can be completed using a computer are also available in Word or Excel as applicable.•Link to LIHTC Point Scores geographic system (more information to follow)

Low Income Housing Tax Credits:

Introduction and Explanation of the LHTC Program.

Page 6: MSHDA’s Web Site LIHTC Information Available at .

Allocation Process and Forms:Commitment Process and

Forms:All forms and information necessary to submit a Commitment application.

10% Certification Process and Forms :

All forms and information necessary to submit the 10% Certification Application, plus information about Carryover deadlines.

Placed in Service Process and Forms:

All forms and information necessary to submit a Placed in Service Application, plus information about Placed in Service deadlines.

General LIHTC Forms: Forms and information concerning the LITHC program that do not fit under one of the above categories.

MSHDA’s Combined Application for Rental

Housing Programs:

The following are posted here:•All sections of the Combined Application are available on this page in pdf format. Documents that can be completed using a computer are also available in Word or Excel as applicable.•Link to 2008 LIHTC Point Scores geographic system (more information to follow)

Page 7: MSHDA’s Web Site LIHTC Information Available at .

LIHTC Funding InformationFunding Round

Information:There is a separate page for each year’s funding round, beginning with a combined page for 2003 and 2004, and individual pages for all years since, up to and including the present year.

Information regarding Funding Rounds will be posted on the appropriate page throughout the year, including: •Threshold scores•Notices of funding round•Applicant information•Lottery Announcements, Eligible Projects, and Results•Reservation information

Prior Year Allocations: This page contains lists of allocations for every year of the LIHTC Program, from 1987 to the present.

Page 8: MSHDA’s Web Site LIHTC Information Available at .

LIHTC Point ScoresGeographic System

• Go to www.michigan.gov/mshda • Click on Developers & Contractors along the left

side• Click on link to Low Income Housing Tax Credit

Program• Click on “MSHDA’s Combined Application for Rental

Housing Programs• Scroll down past the bulleted list of programs to

the link that says LIHTC Point Scores (these words will be preceded by the current calendar year) and click

• See instructions in the following six slides for assistance

Page 9: MSHDA’s Web Site LIHTC Information Available at .

Find the county you are looking for and click on it

Page 10: MSHDA’s Web Site LIHTC Information Available at .

The map will zoom in on the selected county

Page 11: MSHDA’s Web Site LIHTC Information Available at .

•Click on the county map to center your area of interest•Use the zoom function•This map is centered on MSHDA’s building site, and the zoom function was used 5 times to get this close

Page 12: MSHDA’s Web Site LIHTC Information Available at .

•Click on “Points” button above the map to generate a report

•Applicable items will highlight, others will remain dim

•Print this report and include with Exhibit 18 of your application

Page 13: MSHDA’s Web Site LIHTC Information Available at .

•For an existing building with a complete address, choose the “Search” button above the map once you have selected a county•Enter complete address (do not use apostrophes in city or street names) and click “Go”

Page 14: MSHDA’s Web Site LIHTC Information Available at .

Click on “Points” to get a report (you can zoom in if you want, but it is not necessary)

Page 15: MSHDA’s Web Site LIHTC Information Available at .

Compliance Monitoring Information

• Click on Property Managers along the left side

• Go to www.michigan.gov/mshda • Click on link to Compliance for

Rental Housing

Page 16: MSHDA’s Web Site LIHTC Information Available at .
Page 17: MSHDA’s Web Site LIHTC Information Available at .

Sub-Sections of the Compliance Web Page

Compliance for Rental Housing:

Introduction and Explanation of Compliance Monitoring

Recent Updates: Letters issued regarding issues that affect Compliance Monitoring are posted here.

Forms: The following are posted here:•Management Agent Forms•HUD Forms•Customer Service Survey•Physical Inspection Forms•Tenant File Forms•Year End Reports•Marketing and Fair Housing Forms•IRS Forms

Page 18: MSHDA’s Web Site LIHTC Information Available at .

Sub-Sections of the Compliance Web PageContinued

Income, Rent and Utility Limits:

The following are posted here:•Current Income Limits and Maximum Rents for various MSHDA Programs•Historical Income Limits and Maximum Rents for various MSHDA Programs•Utility Allowances

Manuals: The following are posted here:•UPCS Plus Physical Inspection Manual•LIHTC Compliance Monitoring Manual

Policies: LIHTC Policies that involve Compliance Monitoring are available here. These policies can also be found in Tab W of the Combined Application.

Leases: A LIHTC Lease Addendum and a link to information on MSHDA Model Leases are posted here.

Page 19: MSHDA’s Web Site LIHTC Information Available at .

MSHDA’s Property Management Admin System

• Go to www.michigan.gov/mshda • Click on Property Managers along the

left side• Information available includes: Contact

Information, Production Link, Important Reminders, Transaction File Layout, and Training Files for Log-In and Users, Compliance, and Financial Data.

Page 20: MSHDA’s Web Site LIHTC Information Available at .

Questions about Informationon the MSHDA Web Site:

For questions about LIHTC information and forms on the web site, contact Carol Thompson at (517) 335-7944 or [email protected]

For questions about the LIHTC Point Scores geographic system, contact Carol Thompson at (517) 335-7944 or [email protected]

For questions about Compliance Monitoring information and forms on the web site, contact the Compliance Monitoring division at (517) 241-2560 or [email protected]

For questions about the Compliance aspect of MSHDA’s Property Management Admin System, contact Cassandra brown at (517) 241-0765 or [email protected]

Page 21: MSHDA’s Web Site LIHTC Information Available at .

InformationTo be added to an e-mail list to receive notification when new information becomes available, please contact the following:LIHTC Program: Carol Thompson

[email protected]

Compliance Monitoring:

Cassandra [email protected]