Preliminary Project Assessment (PPA) Documents. Required submission for all IHDA resource requests. Must receive PPA approval prior to making a full application.
In order to submit your PPA, you must first request an account for the MF Portal. Please click the link above to access the MF Portal Account Request Form and fill out the online form. Please allow three business days to receive your login information to access the MF Portal. If you have not received your account information within three business days, please reach out to email@example.com.
If you have already submitted an account request form and have forgotten your Username or Password, please contact firstname.lastname@example.org for assistance.
The updated 2020-2021 Preliminary Project Assessment (PPA) Workbook. This current version of this PPA Workbook is to be used when applying for an IHDA administered program that requires a PPA and consists of a single Microsoft Excel file. Only this current version will be accepted.
As PPAs for IHDA resources are now accepted on a rolling basis, IHDA provides the status of PPAs received and approved to date. The status of all PPAs and applications for IHDA resources, as well as IHDA’s current portfolio can be found via the IHDA Portfolio and Pending Projects Map.
Multifamily fee payment form to be submitted with all PPA and full applications.
Reference documents that do not require submission
This document describes the various reviews that will be conducted for projects submitted for LIHTC PPA approval in conjunction with the 2020 – 2021 QAP.
The market data and metrics reviewed for the PPA are outlined in the 2020-2021 PPA Data and Metrics Chart. The chart is divided by the different PPA market review categories and the data and indicators used to examine each category are discussed.
The Affordable Rental Unit Survey is an analysis of affordable rental housing concentrations in every census tract in the State (organized by county). The background and methodology is detailed here.
Current Qualified Allocation Plan:
2020-2021 Governor approved QAP. Updated October 2019.
Required submission for all IHDA resource requests – excludes IAHTC only
2020-2021 Mandatory Application Checklist for multifamily programs. Updated February 2020.
Multifamily Fee Payment Form to be submitted with all PPA and full applications. Updated February 2020.
The 2020-2021 Common Application. To be submitted after PPA approval and required for all IHDA resource requests. Updated February 2020.
Organizational Chart and Identity of Interest Certification form. Updated February 2020.
Historic Preservation Checklist form. Updated February 2020.
Architectural Standards, Universal Design and Amenities Certification form. Updated February 2020.
Guide for Sponsors and architects in the preparation of the written project scope. Updated February 2020.
To be used for all projects involving the acquisition or rehabilitation of any property that is occupied by residential or commercial tenants as of the application date. Both temporary and permanent relocation require completion of this checklist. Updated February 2020.
Sponsor experience certification. Updated February 2020.
General contractor experience certification. Updated February 2020.
Architect experience certification. Updated February 2020.
Property manager experience certification. Updated February 2020.
Exclusive to 9% Low Income Housing Tax Credit (LIHTC) applications. To be submitted with full application.
2020-2021 9% LIHTC scoring certification form.
2020-2021 Sustainable Design Checklist. Updated February 2020.
Community Revitalization Strategy Scoring.
Answers to common questions you may have as you fill out your 2020 LIHTC application.
Final guidance on requests for tax-exempt bonds and 4% low-income housing tax credits. Updated and effective February 7, 2020.
Answers to common questions you may have as you fill out your 2019 LIHTC application.
Answers to common questions you may have as you fill out your 2018 LIHTC application.
2019 all programs rent and income limits
2018 all programs rent and income limits
2017 all programs rent and income limits
List of HUD-designated QCTs.
List of HUD-designated QCTs.
List of HUD-designated DDAs.
List of HUD-designated DDAs.
List of jurisdictions with local Consolidated Plans. Updated October 2017.
Site Control Compliance Language.
Property needs assessment requirements for multifamily rehabilitation projects.
Places within the Other Metro Set-Aside for LIHTC applications. Updated November 2017.
2020-2021 Market study form.
2020-2021 Site and market requirements for ALL multifamily projects.
Total hard cost limits by bedroom type and geographic set-aside for the 2020-2021 QAP. Updated February 2020.
Example calculating eligible tax credit amount based on qualified basis and equity gap methods. Updated November 2015.
Annual per-unit operating expenses allowed by project type and geographic set-aside. Updated February 2020
Documentation of standards for appraisals. Updated December 2015.
List of current multifamily developments financed by IHDA. The list contains developments that have been Board approved, closed, or placed in service. Updated January 2020.
List of current multifamily developments financed by IHDA with accessible rental units. The list contains developments that have been Board approved, closed, or placed in service. Updated January 2020.
HOME Maximum Per-Unit Subsidy Limits. Updated February 2019.
Overview of the 2013 HOME Final Rule.
Reference documents exclusive to 9% LIHTC applications.
Municipalities subject to the Affordable Housing Planning and Appeal Act. Updated November 2015. Please note that the AHPAA Municipalities will be updated December 2018 and posted January 2019.
2020 – 2021 Site and Market Study Review Criteria and Scoring.
This document describes how community revitalization strategies can meet Authority thresholds standards and competitively score under the competitive 9 percent LIHTC round in conjunction with the QAP.
This interactive map tool from PolicyMap will assist in determining if your development project is located in a HUD R/ECAP census tract. Note that all projects located in a HUD R/ECAP census tract must submit a Community Revitalization Plan.
The State Economic Development Resource Directory includes directions on how to use the Illinois workNet Center site, to determine if a resource is near your development, as well as lists for Small Business Development Centers and Vocational Schools. These resources are also referred to as Job Creation Entities in the Community Revitalization Strategies Scoring Thresholds and Criteria.
Opportunity Areas are identified with publically-available data published by the federal government. IHDA has used specific geographic considerations and determination metrics to determine the Opportunity Areas. Updated July 2019.
IHDA will publish a new list of Opportunity Areas every year with the Draft Qualified Allocation Plan and Opportunity Areas will retain the designation for at least 4 (four) years and as long they meet the identification criteria. New Opportunity Areas may be added with each determination. Updated July 2019.
Mean travel time to work by Census Tract.
The communities contained in this document were selected based on demand data generated by the Statewide Referral Network’s database, showing demand from persons on the waiting list for Statewide Referral Network units. The methodology for determining demand calculated the top 40% of communities in each set-aside and set a minimum demand of 50 persons per location.
Information for property owners and managers about the Statewide Referral Network (SRN), other related resources, and their obligations as SRN participants.
Statewide Referral Network Agreement
Statewide Referral Network agreement. Updated September 2019.
FY 2017 Supportive Services for Veterans’ Families awardees. Updated October 2017.
Terms, conditions and procedures for qualified contract requests. Updated September 2017.
The Authority will not issue 8609(s) until the final draw request has been submitted and approved by the Authority. The Authority also will not issue 8609(s) unless all fees and payments due to the Authority in connection with any Authority program have been paid. All documentation must be submitted in an unbound package with original signatures in blue ink, as appropriate.
Provides tips for completing and applying for your 8609 form.
LIHTC and 1602 checklist for issuance of IRS Form 8609. Submit this checklist with your packet of materials.
LIHTC owner certification forms.
Multifamily fee payment form to be submitted with your packet of materials.
Compliance Monitoring Fee Agreement is part of the Determination letter and should be submitted with your packet of materials.
Form to list the final sources and amounts of funds for your Tax Credit project.
Partnership agreement form to be submitted with your packet of materials.
Required submission for all IAHTC resource requests.
Application checklist for projects requesting IAHTC.
Donation form required for all applications requesting IAHTC.
Checklist and review document that is issued after an IAHTC project is IHDA Board approved. All supporting documentation must be submitted via e-mail as a “Certificate Review Package” to IHDA for review prior to closing. Page 2 of the IAHTC Certificate and Supporting Doc Review – rev March 2019 word document gives further submittal instructions. Issuance of the state tax credit certificate depends upon IHDA’s review of this review package.
Multifamily fee payment form to be submitted with all PPA and full applications.
Historic Preservation Checklist. Updated November 2015.
Construction reference documents for all IHDA applications. *Note – Certificate of Completion and Permission to Occupy require submission prior to final project close out.
Memo summarizing modifications to the 2019 Standards for Architectural Planning and Construction. Updated July 2019.
Standards for architectural planning and construction are provided as an aid for the design and construction of quality affordable housing. Updated July 2019.
IHDA standards for historic preservation compliance. Updated December 2017.
Environmental requirements for multifamily projects. Updated December 2017.
Construction cost estimating requirements for multifamily projects. Updated December 2017.
Requirements for applicants to secure studies from professional services firms experienced in providing cost estimating services, market studies, Phase I Environmental studies, Rent Comparability Studies, and Property Needs Assessments. Updated December 2017.
Davis-Bacon wage guidelines for all projects funded in part by federal funds. Revised December 2019. This version includes examples.
A user’s guide for Section 3 compliance. Updated December 2019.
HUD’s Uniform Federal Accessibility Standards (UFAS) accessibility checklist.
A user’s guide for addressing various lead-based paint related activities.
Change orders are required for any additional costs to the scope of work, any reduction in costs to the scope of work, or any no cost change to the scope of work.
A guide to the criteria that must be met when a project is 95 percent completed.
When the project is 95% complete, prior to final project close out, two copies of the IHDA Certificate of Completion form (Form CD-4) must be submitted to the IHDA Construction Field Representative.
When the project is 95% complete, prior to final project close out, two copies of the IHDA Permission to Occupy form must be submitted to the IHDA Construction Field Representative.
2018-2019 QAP. Updated October 2017.
2016-2017 QAP. Updated January 2016.
2015 QAP. Updated January 2015.
2015 QAP revisions. Posted March 2015.
2014 QAP. Updated May 2014.
Amended 2013 QAP. Updated September 2013.
2012 Governor QAP. Updated October 2011.
2019 Round VI PSH Submissions and Approvals
2018 Round V PSH Submissions and Approvals
2017 Round IV PSH Submissions and Approvals
Sent February 7, 2020
Sent January 31, 2020
Sent January 13, 2020
Sent December 10, 2019
Sent December 6, 2019
Sent October 25, 2019
Sent August 27, 2019
Sent August 7, 2019
Sent August 2, 2019
Sent April 10, 2019
Sent February 25, 2019
Sent January 14, 2019
Sent January 10, 2019
Sent October 31 , 2018
Sent October 11 , 2018
Sent August 23, 2018
Sent August 3, 2018
Sent July 30, 2018
Sent May 22, 2018
Sent May 2, 2018
Sent April 25, 2018
Sent April 23, 2018
Sent March 20, 2018
Sent March 9, 2018
Sent February 6, 2018
Sent November 20, 2017
Sent November 15, 2017
Sent November 9, 2017
Sent October 26, 2017
Sent June 22, 2017
Sent June 15, 2017
Sent May 19, 2017
Sent May 11, 2017
Sent January 12, 2017
Sent January 3, 2017
Sent January 3, 2017
Sent December 20, 2016
Sent December 1, 2016
Updated PPA and Application Timeline 2020 9% LIHTC
Preliminary Project Assessments (PPA’s) and Low Income Housing Tax Credit (LIHTC), Applications are now accepted via the Multifamily Portal. In order to gain access to the Multifamily Portal, please submit a MF Portal Account Request Form from the IHDA website or you may find the form at https://ppa.ihda.org.
IHDA is accepting PPA’s on a rolling basis and will close the portal for 2020 9% PPA’s on December 4, 2019. IHDA intends to inform sponsors of PPA status no later than January 30, 2020. 2020 9% LIHTC Applications will be due March 23, 2020.
You may also see these key dates below:
|December||PPA Deadline for 2020 LIHTC Applications||12/4/2019|
|January||PPA Notification to Sponsors||1/30/2020|
|March||2020 LIHTC Applications Due||3/23/2020|
|June||2020 LIHTC Applications to Board||6/19/2020|
PPA and Application Timeline 2020 4% LIHTC
- On November 1, 2019, IHDA will begin accepting PPA’s on a rolling basis.
- IHDA will endeavor to notify Sponsors within 45 days of the Authority’s receipt of the request for 4% PPA approval.
- Any 4% applications with approved PPA’s may be submitted on a quarterly basis, beginning in 2020. Please see the Multifamily Transactions Timeframes for more information on application deadlines.
As is well known throughout the affordable housing industry, Congress recently created a new occupancy set-aside option known as “income averaging.” Instead of electing the 20/50 or 40/60 minimum set-aside, an owner may elect an income averaging set-aside. This allows a property to serve households up to 80% AMI, as long as at least 40% of the total units are rent and income restricted and the average income limit for all tax credit units in the project is at or below 60% AMI.
The Authority understands its stakeholders are excited to take advantage of this new option to better serve the needs of those seeking affordable housing. Given the nuances of this new set-aside option, the Authority is carefully reviewing applicable law and industry guidance with the goal of developing a policy around income averaging that will ensure the Authority can continue to administer the low-income housing tax credit (“LIHTC”) program in the most effective and efficient way possible.
As the Authority continues its analysis of this new set-aside option, the Authority wanted to provide some information about the parameters currently being considered. The information in this bulletin is not intended to be conclusive or exhaustive. The Authority’s final policy may or may not include the elements discussed below. In addition, if determined to be applicable, the Authority will take steps to amend the 2018-2019 Qualified Allocation Plan.
Please note, developments will be ineligible to select income averaging if: (i) the development received 9% LIHTC award from the Authority in 2018 (or earlier); or (ii) the development receives a 9% award from the Authority in 2019; or (iii) the development already has a recorded Extended Use Agreement (including resyndications); or (iv) the development already filed a Form 8609.
Developments seeking 4% LIHTC’s that desire to elect income averaging will be considered by the Authority on a case-by-case basis. Tax exempt bond developments will still need to meet all applicable bond-related compliance requirements.
Additionally, the Authority is in the process of updating the Affordable Rental Unit Survey (ARUS) to reflect all the allowable income levels under income averaging. Please click the link below for additional information.
|Anticipated mandatory requirements for any development requesting to elect income averaging:
Anticipated supplemental application items for any development requesting to elect income averaging:
Please review the timeframes required to review, underwrite, approve, and close transactions utilizing resources from the Authority. The deadlines are most relevant for 4% bond deals, but all resources will follow the same timeframes. We will move transactions along as quickly as possible based on the applicable resources requested. The timeframes bring clarity to the process so all deal stakeholders have consistent expectations of the timing needed to close transactions.
Form Legal Certifications
The legal forms and certifications below are intended for Developments that have received IHDA funding, are for reference purposes only and are subject to change without notice.
Multifamily Financing Closing Due Diligence
The forms below are for for developments have received IHDA funding. They should be completed by the Development Team actively working on the closing.