1. 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 www.ahfa.com

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

3. 3 2015 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. 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 10 - 11, 2016. Announcement of 2016 Project Awards is expected in June 2016.

5. 5 Acronyms Used Alabama Housing Finance Authority AHFA – Alabama Housing Finance Authority ASTM E1527-13 – 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. 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 email to: ahfa.mf.environmental@ahfa.com 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.