OHC submits comments on OHFA’s first draft of the Technical Amendments to the 9% LIHTC Qualified Allocation Plan for 2024-2025, addressing several key issues:

• Scope of Changes: The proposed changes go beyond technical amendments and could impact site eligibility, especially regarding proximity requirements.
• Cure Period: OHC suggests a technical solution to allow applicants to cure scoring deficiencies without disadvantaging eligible projects.
• Conditional Financial Commitments: OHC requests clarification on how the changes affect the inclusion of federal funds, specifically HOME program funds, in LIHTC projects.
• Related-Party Acquisitions: OHC recommends reverting to the more flexible underwriting guidelines for related-party acquisitions.

OHC's Letter to OHFA