1. NIFA / NDED Rental Housing Resource Coordination

2. NIFA / NDED Rental Housing Resource Coordination MACRO VISION 1.User-Friendly 2.Program Transparency 3.Best in the Nation

3. NIFA / NDED Rental Housing Resource Coordination Goal: Coordinate and streamline application and allocation process for NIFA & NDED rental housing funds. Coordinate Timing of Application Rounds Compress Timing from Application to Award Joint Application Workshops Joint Application Process Simultaneous Award of Resources

4. NIFA / NDED Rental Housing Resource Coordination Proposed Outcomes: Single Application for LIHTC Projects with NDED Funds. Uniform Underwriting Guidelines Application to Award Process - 90 Days. Ready for Construction Season

5. NIFA / NDED Rental Housing Resource Coordination 5/11/05 – 5/18/05NIFA / NDED Application Workshops 9/12/05NIFA / NDED Applications Received 9/27/05 – 10/14/05Correction Period (Applicants can correct & clarify items) 10/28/05Final NIFA / NDED Applications Received 12/9/05Conditional Reservation Announcement Proposed Timeline for 2005-2006 Season

6. NIFA / NDED Rental Housing Resource Coordination Proposed Next Steps: Coordinate Construction Review Process Coordinate Compliance Efforts Coordinate with Other Resource Providers Coordinate & Combine Documentation