July 26, 2022
Columbus, Ohio
Under 5K Asset Form Update 
 
The under $5k asset form that was released 4/20/22 and effective 6/1/22. Unfortunately, the released version contained incorrect text and reflected, this form is not to be used on projects that have HDAP funding, e.g. HOME, NHTF or OHTF, when in fact it should have reflected, “This form is not to be used on units that have HDAP funding, e.g. HOME, NHTF or OHTF.” Please note that if an owner/management agent used the form that was released on 4/20/22, the correct form version must be used at the households next recertification date and with all new move-ins. Additionally, OHFA will not cite a finding if the owner/management agent used the form with the incorrect text that was issued on 4/20/2022.
Updated VAWA Policy
 
The VAWA Policy has been updated to clearly outline owner/management agent VAWA compliance requirements and the 2022 VAWA Reauthorization Act. You can access the updated policy here. Please make sure you are adhering to all items defined in the VAWA Requirements section of the policy. 
Updated FAQs

The Acq/ Rehab FAQs and HDAP FAQs have been updated. Please be sure to check out the new FAQs, in addition to our training resources and other FAQs on the Multifamily Training and Technical Assistance resource page. 
Upcoming Trainings

The Next Compliance Policies and Regulations Training on August 16th!

Sign up now for the next Compliance Policies and Regulations Training. This free, four-hour webinar focuses on OHFA's requirements for the multifamily programs it manages and will provide industry professionals with tools and knowledge of OHFA policies and much more. This training will discuss the updates to OHFA’s forms, VAWA Reauthorization Act of 2022, implementing new income/rent limits and more. All training sessions will be held from 12:30-4:30 pm.
The Next 2022 LIHTC Essential Training is August 23-24

This free two-day webinar dives into details of the Low Income Housing Tax Credit program. This training teaches participants all federal regulations and OHFAs particular policies for LIHTC compliance. Participants can register for one or both days. Day one covers LIHTC basics while day two will cover more advanced LIHTC topics. Register for both days to complete the entire training.
Be sure to visit the Training and Technical Assistance webpage for all future training dates and resources.