2017 NCSHA Housing Credit Connect

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Presentation transcript:

2017 NCSHA Housing Credit Connect HUD Policy Forum: Small Difficult Development Areas (SDDAs) and HUD’s LIHTC Data Collection June 21, 2017 Michael Hollar Senior Economist U.S. Department of Housing and Urban Development

HUD’s Implementation of Small DDAs Why? To encourage development in neighborhoods with greater opportunities for resident employment and education. When? Began with 2016 designations, effective July 1, 2016. All future designations effective January 1. For example, 2017 DDAs were effective January 1, 2017.

HUD’s Implementation of Small DDAs Changes From 2016 to 2017: Incorporated new Metro definitions. Eliminated overlap between QCTs and DDAs. Added minimum population requirement. Combined effect: 101 more SDDAs in 2017. Future changes? Minor change in Metro definitions for FY2018 ILs, affecting the 2019 DDAs.

HUD’s LIHTC Data Collection HUD’s LIHTC Tenant and Property Data Collection Review of 2015 data Update on Collection of 2016 data NAHMA XML Standard

HUD’s LIHTC Data Collection Review of 2015 data State summaries placed on upload site for review. Are data consistent with your understanding of LIHTC tenant population? For example, % receiving RA % with minor (<18) or elderly (62+) members % earning <=30% AMGI Review Sources of Federal Rent Assistance (p.4) Annual Report will include metropolitan-level tabulations.

HUD’s LIHTC Data Collection Update on collection of 2016 data Changes to XML standard. Tenant Form: Compliance Agency Name standardized. Property Form: Reporting of Properties no Longer Monitored for Compliance moved to separate form. Allow multiple contract numbers for Section 8, USDA, etc. See documentation on file upload site. www.huduser.gov/portal/LIHTCXMLUpload.html

HUD’s LIHTC Data Collection Update on Collection of 2016 data Reporting for Recently Added Fields Race subcategories for Asian and Native Hawaiian/Pacific Islander Amount and Source of Federal Rental Assistance

HUD’s LIHTC Data Collection Update on collection of 2016 data Technical Assistance. Cloud Nine provides assistance producing, compiling, correcting files. Abt available for intensive assistance. Excel and Word tools – minor updates available in early August. Send requests to LIHTCSupport@CloudNineTech.com.

HUD’s LIHTC Data Collection Adoption of NAHMA Standard Version 1.0 (2002) Initial standard Version 1.1 - June 2006 Version 2.0 (November 2011) Added fields from HUD collection form. Version 3.0 (April 2014) Added Federal RA amount and sources. Version 3.1 - July 2014 (minor changes) Version 4.0 (February 2016) Added Race subcategories Version 4.1 to be released in January.