Discussion Points #5 & 6
What issues do you think we should be considering in revising the Qualified Allocation Plan? If you ran New Hampshire Housing and could rewrite the QAP, what is the first thing you would change?
- The following comments and recommendations were received:
o Re-examine points for 811 units; 811 units can cause issues with vacancy and
waiting for/finding an eligible household. Smaller developers may be at a
disadvantage.
o Reduce points for 25% of total units designated as market units to 20%.
o Remove the 3 points awarded for non-profit CHDOs.
o Review the pros and cons of moving to a 2-year QAP.
o Discuss costs and tax structure effects moving forward.
o Energy efficiency - leave this up to developers. Less emphasis on energy.
o Restructure several points categories to align more closely with other funding
sources.
o Keep the QAP and application process as simple as possible.
o Incentivize further growth in downtown developments.
o Consider a set-side for homeless housing (with services).
SAVE THE DATE!
Please join us on Thursday, February 15, 2018 from 1:00 pm to 3:30 pm for our second 2019 QAP public forum to gather input from stakeholders on scoring criteria and other items of discussion. This forum will be held at the NHHFA offices, 32 Constitution Drive, Bedford, NH in the Pemigewasset Conference Room (please enter at the east entrance).
As always, we value your input and appreciate your continued commitment to providing affordable housing. If you have any questions or are unable to attend this forum and would like to submit comments, please contact Natasha Dube, Program Manager-LIHTC by email
ndube@nhhfa.org.
Please RSVP to Jessica McCarthy at jmccarthy@nhhfa.org
by February 8, 2018 so that we can have an accurate head count.