Qualified Allocation Plan
The Qualified Allocation Plan (QAP), details selection criteria and application requirements for the Rental Housing Tax Credit (RHTC), Multifamily Bonds and HOME funds in conjunction with RHTCs. It contains all deadlines, application fees, restrictions, standards and requirements.
The QAP plan is unique to the authoring state, but is built upon the basic requirements set by the Internal Revenue Code Section 42. If you are a developer interested in learning more about any of the above listed programs, please review the QAP documents listed below.
Please contact the Real Estate Production Analyst in your area to learn about IHCDA's process. Please see the links below to view staff and their contact information.
Real Estate Production Analyst Map
Real Estate Production Analyst Listing by County
2012-2013 QAP
2013 QAP Forum - September 5, 2012
2012-2013 Schedules
- List of Schedules
- Rental Housing Tax Credit Compliance Manual
- Policies and Procedures Regarding Transferability of Rental Housing Tax Credits
- Market Study Requirements Approved Market Analyst
- Private Activity Tax Exempt Bond Financing ("Bonds") Requirements
- Procedures for Accessing HOME Funds
- Capital Needs Assessment
- Application Package Submission Guidelines Electronic Folder Submission Template
- Glossary
- Qualified Contract
- Procedures for Accessing Development Fund Loan (Updated March 15, 2012)
2012-2013 Forms
- List of Forms
- Initial Application (Updated 7/19/12)
- Not-for-Profit Eligability Questionnaire
- Local Unit of Government & IHCDA Notification
- Carryover Agreement (2012 Version)
- Lien and Extended Use Agreement (updated October 17, 2012)
- Lien and Extended Use Agreement - USDA Rural Development Version (updated October 17, 2012)
- Binding/Lock-in Agreement
- Final Cost Certification
- Pre-8609 Inspection Request Form (Updated 8/24/11)
- Mini Phase 1 (MP-1) Environmental Inspection
- TE Bond Financing Questionnaire
- Special Needs Population Referral Agreement
- Subsidized Housing Waiting List Agreement
- Tenant Investment Plan Service Agreement
- 10% Test Documentation
2012-2013 Appendices
2011 QAP
2011 Qualified Alloction Plan Forum
2011 QAP Schedules
- List of Schedules
- A. Rental Housing Tax Credit Compliance Manual
- B. Policies and Procedures Regarding Transferability of Rental Housing Tax Credits
- C. Market Study Requirements (Approved Market Analyst) (Summary Table) (Manual)
- D. Private Activity Tax Exempt Bond Financing (“Bonds”) Requirements - Section 1,2,3
- E. Procedures for Accessing HOME Funds
- F. Capital Needs Assessment
- G. Application Package Submission Guidelines
- H. Glossary
- I. Qualified Contract Provisions Policy
(a.) Qualified Contract Notification Letter
(b.) Qualified Contract Request Acknowledgements
(c.) Worksheets A,B,C,D,& E
(d.) Worksheets B & D AssumptionsRural Preservation Loan Fund Requirements - J. Procedures for Accessing Development Fund Loan
2011 QAP Forms
List of Forms Form A Rental Housing Finance Application
- Initial Application
- Final Application
- Final Application
Form B Not-for Profit Eligibility Questionnaire Form C Local Unit of Government Notification Form D Carryover Agreement Form E Notice of Lien and Extended Use Agreement-updated-4/19/2011 Form F Binding/Lock-in Agreement Form G Final Cost Certification Form H Pre-8609 Inspection Request Form Form I Mini Phase I (MP-1) Environmental Inspection Form J TE Bond Financing Questionnaire Form K Special Needs Population Referral Agreement Form L Subsidized Housing Authority Agreement Form M Tenant Investment Plan-Checklist Form M Tenant Investment Plan-Exhibit A Form M Tenant Investment Plan-Exhibit B Form M Tenant Investment Plan-Service Agreement Form N 10% Test Documentation
2011 QAP Appendices
- 2011 List of Appendices
- Appendix A - Area Median Income (AMI) and Rent Schedules by County
- Appendix B - HOME Rent Limits by County
- Appendix C - Local Housing Needs
- Appendix D - Largest Cities
- Appendix E - Small Cities
- Appendix F - QCT's DDA & Areas of Chronic Economic Distress
- Appendix G - Section 42 of Internal Revenue Code
- Appendix H - Development Design Certification Definitions
2009-2010 QAP
Additional Resources
Incorporating Energy Efficiency and "Green" Building Practices into HOME-Funded Affordable Housing
American Recovery and Reinvestment Act of 2009
1602 Exchange and Tax Credit Assistance Program (TCAP)
1602 Exchange
Final Section 1602 Tax Credit Exchange Program Policy: 01-21-2010
1602 Award Documents:
- Loan Agreement
- Promissory Note
- Security Agreement
- Mortgage
- Account Control Agreement
- Subordinate Agreement
- Recapture Guaranty
- Completion Guaranty
- Cooperation Agreement (nonFSA developments)
- Lien and Extended Use Agreement
- Assignment of Leases and Rents
- Certificate of Resolutions for LLC
- Certificate of Resolutions for LP
- Closing Checklist
- Financial Service Agent Agreements (only applies to developments assigned a FSA)
- IHCDA Logo
- ARRA Logo: (coming soon)
- IHCDA High Res.Logo (request)
- Treasury 1602 Exchange Guidance
- HUD and Treasury Joint Announcement
- Treasury Department Exchange Program Web Page
- Low-Income Housing Grants in Lieu of Tax Credit Allocation for 2009--Fact Sheet
- Treasury Exchange Program Guidance
- Treasury ARRA Program Plan-Cash Assistance to States in Lieu of LIHTC
- Treasury Frequently Asked Questions and Answers-9-14-2009
- Interim Final Rule: Payments in Lieu of Low Income Housing Tax Credits: 8-31-09
- Office of Management and Budget: MEMO 09-21: Implementing Guidance for the Reports on
Use of Funds Pursuant to the American Recover and Reinvestment Act of 2009: 6-22-09 - IRS Notice 2010-18
- Recapture Guidance: 8-25-2010
- IHCDA TCAP & Section 1602 Webinar Power Point: 07-10-09 (request)
- 1602 Applications and Awards
Tax Credit Assistance Program (TCAP)
TCAP Exchange Application Form: 8-26-09
- Exhibit A: Return Credits Form
- TCAP Award Documents: (Coming Soon)
- Loan Agreement
- Promissory Note
- Security Agreement
- Mortgage
- Account Control Agreement
- Subordination Agreement
- Personal Guaranty of Principal of Borrower
- Completion Guaranty
- Cooperation Agreement
- Lien and Extended Use Agreement
- Closing Checklist
- Construction Signage:
- IHCDA Logo (Coming Soon)
- ARRA Logo
- HUD TCAP Web Page
- HUD and Treasury Joint Announcement
- Implementation of Tax Credit Assistance Program (TCAP): CPD-09-03: Revised 7-27-09
- TCAP Questions and Answers
- General Questions and Answers 5-4-09
- Uniform Relocation Act Requirements
- Section 504 of the Rehabilitation Act of 1973
- National Enviromental Policy Act (NEPA) & Related Laws
- Program Income
- Lead Safe Housing Rule to Target Housing
- Section 3 Waiver
- FedReporting.gov 10-1-2009
- Davis-Bacon Prevailing Wage Requirements 7-28-09
- Projects With An Existing Enviromental Review 9-18-09
- HUD and Treasure Webcast on TCAP Exchange Programs
- HUD TCAP Webcast 6-10-09
- TCAP Job Count Guidance
- Message from the Secretary on the Recovery Act: 9-8-09
- Fees and Asset Management: 9-18-09
- Office of Management and Budget: MEMO 09-21: Implementing Guidance for the Reports on
Use of Funds Pursuant to the American Recover and Reinvestment Act of 2009: 6-22-09
IHCDA TCAP & Section 1602 Webinar Power Point: 07-10-09 (request)
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