2016 Housing Finance & Development Update #5

February 4, 2016

Housing Finance & Development

Email Updates

Annual Owner Certification Form Posted

DCA Compliance has posted the link for the 2015 Annual Owner Certification (AOC) in the Compliance section of the DCA website.

The AOC is an online data entry form. Only one AOC is due for each project; owners complete either the LIHTC Layered AOC or the HOME only AOC.

In addition to the links for the AOC, an FAQ and Owner's Signature Page are also posted.

You may find the links here: http://www.dca.ga.gov/housing/HousingDevelopment/programs/compliance.asp

Questions about the form should be directed to compliance@dca.ga.gov.

The due date for submission is 3/31/2016.

HOME RENT APPROVALS

As a reminder, new HUD HOME regulations require DCA to review and approve rents at ALL HOME projects annually. As of today's date, we have projects who have not submitted the form for 2015. Non-compliance notices will be sent out beginning next week. If you haven't submitted the form, you can find the most recent version on the DCA Compliance website: http://www.dca.ga.gov/housing/HousingDevelopment/programs/compliance.asp

Issue #1

Month/Year

MITAS Training

On March 31, 2016 DCA will offer training for the Mitas database for our industry partners. The session will take place at DCA Executive Park offices from 9:00 A.M. to 1 P.M. Please email mitas@dca.ga.gov to register.

8823 Notices

Effective immediately, the Owner will receive 8823 notices via certified mail ONLY for non-compliance issues being reported as uncured. The Owner and Property Manager will also receive such notice via email. All other 8823 notices will be emailed only.

In the future, DCA will be issuing a policy regarding HOME funded properties that may be eligible to move to a 3 year inspection cycle.

Upcoming Events and Deadlines

February 7, 2016

Deadline to Apply for DCA Wait List

February 25, 2016
2016 QAP Application Workshop
Cobb Galleria Centre

February 28, 2016
AI Public Comment Deadline

The Georgia Department of Community Affairs is committed to providing all persons with equal access to its services, programs, activities, education and employment regardless of race, color, national origin, religion, sex, familial status, or disability.

For reasonable accommodations or alternate format information please contact Sandy Wyckoff at 404-679-0670 or email sandy.wyckoff@dca.ga.gov.