OHFA’s Training and Technical Assistance Office has developed a new HOME Lease Addendum. The new Addendum reflects required and prohibited lease provisions of §92.253(c) and those from the 2013 Final HOME Rule (24 CFR 92,253)(2013) and is in response to many industry partners requesting a standard HOME Addendum. Effective March 1, 2021, the HOME Addendum must be used for all units funded with HOME or National Housing Trust Fund.

The new Addendum must be used for new move-in residents or at the next recertification date for existing tenants. Once the tenant signs the new Addendum, it will only have to be signed again when a new lease is executed. Owners should not use this Addendum for HOME units receiving project-based Section 8 where the HUD Model Lease is used or those receiving USDA Rural Development (RD) subsidy.

OHFA has revised the Sworn Income and Asset Statement (SIAS) and Student Certification forms. Both forms are effective March 1, 2021, and must be used for new move-in tenants or at the next recertification date for existing tenants. You can find all of our compliance forms here.

Don't miss the Annual Owner Reporting webinar on Tues., February 2 at 1:00 pm! If you cannot make the webinar on this date, OHFA will offer another session on Thurs., February 11 at 10:00 am. This free webinar includes discussion on tenant events, dealing with errors, completing the Annual Owner Certification form and how COVID-19 impacts this year’s report. Annual Owner Reports are due March 1, 2021.

Don't miss out on this opportunity to learn how to conquer acq/rehab compliance! During this free, three-hour webinar you will learn about essential LIHTC topics for acq/rehab, maximizing credits, qualifying households, transfers, resyndications and more. Learning the complexities and issues for acq/rehab deals will help make your next deal a success. Training dates are as follows:

Training sessions will be held from 12:30-3:30pm. Further details and registration will be posted to our website soon.

Did you know? OHFA has numerous FAQ sheets available about issues like digital age income, HDAP funding comparison, acquisition and rehab, and more. Visit OHFA's Training Resources.

Be sure to use the Compliance and DevCo Help Desk.

Check out OHFA’s latest infographic on the number of evictions in Ohio’s three most populous cities.

 

Did your favorite blog or podcast make the list? Be sure to check out our Top 10 Most Viewed Stories of Home Posts in 2020. 

 

Have you listened to OHFA's podcast? Find the Doorsteps podcasts here or listen on your favorite platform. In the latest episode of the Doorsteps podcast, Dr. Cody Price is joined by Michael Wilkos of the United Way of Central Ohio discussing Developing Neighborhoods and the Complexities of Gentrification.