Wednesday, March 6, 2024
RENTAL COMPLIANCE POLICY UPDATE – E-SIGNATURES/RESIDENT SERVICES SOFTWARE/ STORAGE OF RESIDENT FILES/ REMINDERS

ADOH listed policy changes that will be added to the LIHTC Compliance Manual in the coming months and felt it extremely beneficial to publish and offer them to our constituents before the manual is ready to publish.

Download Information Bulletin 23-24 from the Publications page to view the updates

Friday, March 1, 2024
SFY24 SHTF NOFA: FLEXIBLE FUNDS FOR PREVENTING HOUSING INSECURITY – Q&A AND PROPOSAL EXTENSION DEADLINE

On February 2, 2024, ADOH issued an Information Bulletin (IB 11-24) to announce a FY2024 State Housing Trust Fund Notice of Funding Availability (NOFA) for Flexible Funds for Preventing Housing Insecurity. Proposal Extension Deadline The original deadline to submit project proposals has been extended from Friday, March 15, 2024, by 5:00 P.M. MST to Friday, March 22, 2024, by 5:00 P.M. MST.

Please download Information Bulletin 21-24 from the Publications page for more information.

Friday, March 1, 2024
FY2024 MILITARY TRANSITIONAL HOUSING FUND NOFA - REISSUED

ADOH is pleased to announce the reissuance of the 2024 Military Transitional Housing Notice of Funding Availability (NOFA). This NOFA includes eligibility for Military Transitional Housing Funding. ADOH is to award this funding to one (1) successful Applicant based upon its review of submitted Proposal(s) pursuant to this NOFA. An applicant may be eligible to receive up to $1,900,000.00.

Please download Information Bulletin 22-24 from the Publications page for more information.

Thursday, February 29, 2024
NOTICE OF CHANGES/UPDATES TO THE QUALIFIED CONTRACT LIST

ADOH is providing notice that the following Low Income Housing Tax Credit (LIHTC) owner(s) have applied for a Qualified Contract and are being added to the Qualified Contract List:

  1. Sungate Villa/Prescott Valley, L.P. is the owner of a 64-unit LIHTC project in Prescott Valley, AZ;

  2. Valley View II/Prescott Valley, L.P. is the owner of a 72-unit LIHTC project in Prescott Valley, AZ;

In addition, notice is being given that the following LIHTC owner has completed the one (1) year marketing period and has been removed from the Qualified Contract List:

  1. Antelope Valley/Chino Valley, L.P.

Download Information Bulletin 20-24 from the Publications page for more information.

Monday, February 26, 2024
2024-2025 QAP Q&A ROUND 2

The 2024-2025 QAP Questions and Answers are now available for download.

*Please note there was an update to Round 1 Questions and Answers regarding the land lease payment. Please see Q&A #97. The Department apologizes for any confusion this may have caused.

Download Information Bulletin 19-24 from the Publications page for more information.

Thursday, February 15, 2024
FY24 SHTF NOFA: FLEXIBLE FUNDS FOR PREVENTING HOUSING INSECURITY – INFORMATION SESSION DATE HAS BEEN CHANGED

ADOH released an Information Bulletin on February 2, 2024 to announce a FY 2024 State Housing Trust Fund Notice of Funding Availability (NOFA) for flexible funds for preventing housing insecurity.

The webinar was originally scheduled for February 15 and has been moved to Wednesday, February 21 at 2:00 pm AZ time.

Download Information Bulletin 17-24 from the Publications page for more information.

Thursday, February 15, 2024
NOFA FOR ARIZONA BALANCE OF STATE RECOVERY HOUSING PROGRAM (RHP)

ADOH announces a Notice of Funding Available (NOFA) that solicits applications from public or private nonprofit organizations in the Arizona Balance of State (outside of Maricopa and Pima counties) for Recovery Housing Program activities. RHP rules fall under the umbrella of the Community Development Block Grant (CDBG) Program with certain modifications. Eligible uses of funds are the construction, acquisition and/or rehabilitation of facilities, including single-unit or multi-unit residential properties for occupancy by people in recovery.

Download Information Bulletin 18-24 from the Publications page for more information.

Tuesday, February 13, 2024
FY2024 SHTF DOWN PAYMENT ASSISTANCE NOFA TIEBREAKER & CLARIFICATIONS

ADOH has made a clarification to the FY2024 Down Payment Assistance (DPA) Notice of Funding Availability (NOFA) published on February 5, 2024.

Please download IB 16-24 from the Publications page for more information.

Friday, February 9, 2024
LIHTC EQUITY PRICING SURVEY

Per the 2024-2025 Qualified Allocation Plan, the Arizona Department of Housing (ADOH) conducted a survey of equity providers to determine appropriate investment assumptions. Based on the responses, the ranges for federal low income housing tax credit and state low income housing tax credit (STC) are:

Metro $0.82 - $0.87 (any application in Maricopa or Pima County)
Rural $0.80 - $0.84 (applications in all other counties)
Tribal $0.80 - $0.86 (applications on eligible Tribal land)
STC $0.50 to $0.60 (statewide)

Thursday, February 8, 2024
2024-2025 QAP Q&A ROUND 1, 2024-2025 UW WORKBOOK, AND THE 2022-2023 QAP UW SPREADSHEET

The 2024-2025 QAP Questions and Answers (Round 1) are now available for download. ADOH has posted the 2024-2025 QAP Underwriting Workbook and the 2024-2025 Gap Application Workbook for all of our 2024-2025 NOFA projects applying for Gap Financing. ADOH received feedback regarding the 2022-2023 Underwriting Spreadsheet and has incorporated revisions into the updated final version dated December 31, 2023.

Download Information Bulletin 14-24 on the Publications page for more information.