Alabama Housing Finance Authority’s 2016 Environmental Policy Requirements for Multifamily Housing Overview Reference Documents: HOME Action Plan Addendum.

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Presentation transcript:

Alabama Housing Finance Authority’s 2016 Environmental Policy Requirements for Multifamily Housing Overview Reference Documents: HOME Action Plan Addendum B and Housing Credit (HC) Qualified Allocation Plan Addendum B

2 Outline Alabama Housing Finance Authority 2016 Environmental Review Process Environmental Process and Timeline for Applicants Acronyms Used AHFA Point of Contact

Environmental Review Process Alabama Housing Finance Authority Environmental Site Assessments (ESAs) for 2016 project applications will be submitted to AHFA with the initial application. AHFA will review and/or may engage 3 rd party Environmental Professional (EP) review of environmental documents submitted. A $4,000 fee is due with the initial application submission to pay for any 3 rd party costs. (Allocation Plans III.D.2) Any and/or all environmental concerns raised will be fully vetted prior the submission of the environmental report(s). EPs should be prepared to answer questions from AHFA staff or designated 3 rd party.

4 Environmental Process and Timeline for Applicants Alabama Housing Finance Authority The ESA must be received by AHFA with the initial appliction. The initial application window is Feb , Announcement of 2016 Project Awards is expected in June 2016.

5 Acronyms Used Alabama Housing Finance Authority AHFA – Alabama Housing Finance Authority ASTM E – the ASTM Standards EP – Environmental Professional ESA - Environmental Site Assessment HC – Housing Credit HOME – HOME Investment Partnership Program HUD – United States Department of Housing and Urban Development

6 AHFA Point of Contact Alabama Housing Finance Authority Any questions regarding the 2016 AHFA Environmental Requirements or applicant submittal of ESAs should be submitted to AHFA via to: This document is not intended to usurp, conflict, or supplant the requirements identified in the 2016 AHFA HOME Action Plan, 2016 AHFA HC Qualified Allocation Plan, or Addendum B to those Plans.