Print Legal Name of Applicant By (Print Name of Authorized Representative) Title Signature Date NATIONAL HOUSING TRUST FUND Application PREFERENCES AND SELECTION CRITERIA Checklist Preferences and Selection Criteria Funds may be used to support New Construction and Rehabilitation for purposes of increasing the supply of affordable rental units serving persons with Extremely Low Income (ELI). Increase the availability of housing with supportive services, including for Veterans Create additional transitional and permanent supportive housing, including rapid re-housing program. Funding of rehabilitation projects that add units to the affordable housing inventory will be prioritized over rehabilitation projects that only preserve existing subsidized, affordable rental housing. Maximum of twenty (20) NHTF units overall per project. Rent for HTF must not exceed the HTF Rent Limits published by HUD for the State of Nevada (See Exhibit 2). 100% of eligible NHTF units must serve persons with Extremely Low Income (ELI). In accordance with HTF regulations, up to 10% of the State’s HTF allocation may be used for administration. Rehabilitation Standards See Exhibit 3 of the HTF Allocation Plan. – Applicants must meet the requirements of the following Sections of the QAP if awarded Tax Credits: Section 1 Plan General Information”, sub-section 1.2 and Consistency of Tax Credit “Annual “Completeness Applications” Section 2 of Key Dates” “Schedule Section 4 Principles and Priorities” “Guiding Section 12 Project Requirements “Mandatory Section 13 Threshold Requirements” “Pre-Scoring Section 14 Scoring” “Project Eligible Applicant / Recipients Eligible applicants/recipients of the HTF include nonprofit and for-profit developers and public housing agencies consistent with the QAP, meets the requirements of 24 CFR §91.320(k)(5)(ii) and §93.2 Recipient: Demonstrates ability and financial capacity to complete activities; Makes acceptable assurances they will comply with all HTF requirements during the entire affordability period; Application Requirements: Complete with all supporting documentation Contain a description of the eligible activities to be conducted with HTF funds as required in §93.200 Tenant Selection Policies will be in compliance with all provisions of 24 CFR 93.350 and CFR 93.303.
Print Legal Name of Applicant By (Print Name of Authorized Representative) Title Signature Date NATIONAL HOUSING TRUST FUND Application PREFERENCES AND SELECTION CRITERIA Checklist Preferences and Selection Criteria Funds may be used to support New Construction and Rehabilitation for purposes of increasing the supply of affordable rental units serving persons with Extremely Low Income (ELI). Increase the availability of housing with supportive services, including for Veterans Create additional transitional and permanent supportive housing, including rapid re-housing program. Funding of rehabilitation projects that add units to the affordable housing inventory will be prioritized over rehabilitation projects that only preserve existing subsidized, affordable rental housing. Maximum of twenty (20) NHTF units overall per project. Rent for HTF must not exceed the HTF Rent Limits published by HUD for the State of Nevada (See Exhibit 2). 100% of eligible NHTF units must serve persons with Extremely Low Income (ELI). In accordance with HTF regulations, up to 10% of the State’s HTF allocation may be used for administration. Rehabilitation Standards – See Exhibit 3 of the HTF Allocation Plan. Applicants must meet the requirements of the following Sections of the QAP if awarded Tax Credits: Section 1 “Annual Plan General Information”, sub-section 1.2 “Completeness and Consistency of Tax Credit Applications” Section 2 “Schedule of Key Dates” Section 4 “Guiding Principles and Priorities” Section 12 “Mandatory Project Requirements Section 13 “Pre-Scoring Threshold Requirements” Section 14 “Project Scoring” Eligible Applicant / Recipients Eligible applicants/recipients of the HTF include nonprofit and for-profit developers and public housing agencies consistent with the QAP, meets the requirements of 24 CFR §91.320(k)(5)(ii) and §93.2 Recipient: Demonstrates ability and financial capacity to complete activities; Makes acceptable assurances they will comply with all HTF requirements during the entire affordability period; Application Requirements: Complete with all supporting documentation Contain a description of the eligible activities to be conducted with HTF funds as required in §93.200 Tenant Selection Policies will be in compliance with all provisions of 24 CFR 93.350 and CFR 93.303.
NHDHTFApplication.docx