In This Issue

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HCA Authorized Signature Form
As Housing Contract Administration (HCA) continues to streamline processes and create uniformity amongst programs, an updated version of the Authorized Signature Form (ASF) is available on the HCA Help Desk under Program Funding Draw Management. Please replace previously saved versions with the updated ASF.

Partners are not required to resubmit any currently active grants for technical submission. Agencies that have a business need to update their ASF should complete and email the form to
hcafinance@kyhousing.org .
Revised Capacity Scorecard
The revised Capacity Scorecard is now in effect for all KHC competitive application funding rounds that open after January 1, 2107. The format has changed slightly from the draft scorecard, so be sure to open the links at the top of the scorecard in the Resource section to review all instructions and guidance. For more information, please contact your appropriate program representative.
2016 Rental Electronic APR Reminder
Annual Performance Reporting (APR) packets are required for rental projects that are within their compliance period and must be submitted electronically to KHC by the submission deadline, Wednesday, March 15, 2017. All APRs submitted after the March 15 deadline will be subject to late fees.

APRs are required for projects that are allocated Low Income Housing Tax Credits (Housing Credits), funding from Risk-Sharing, HOME Investment Partnerships, SMAL programs, as well as the Affordable Housing Trust Fund.

Some fees have changed. Please refer to the new Compliance Monitoring Fee Schedule located on KHC's website, under Quick Links, Asset Mgmt, Annual Performance Reporting Tools dropdown.

KHC is now requiring all payments through our online payment system. You must log in to the Tenant Data Certification System (TDCS) to make the payment. The TDCS is available on KHC's website, under Quick Links, Asset Mgmt, Tenant Data Collection Initiative dropdown. Checks will no longer be accepted. KHC will consider special exceptions for submission of checks, but a request from the owner must be submitted in advance via email to Amanda Bess or Phyllis Clem, at abess@kyhousing.org or pclem@kyhousing.org, respectively. If the request is approved, please include a processing fee of $25.00 per check with the APR fee and the printed invoice from TDCS.
 
The APR consists of all the following items submitted and received at KHC by Wednesday, March 15, 2017:
  • Completed Owner's Annual Certification of Compliance (all funding sources).
  • Annual Operating Expenses / Income and Rental Rate Information.
  • Tenant Data Certification System - Building Status Report must contain all updated current resident information.
  • All online payments of fees must be received by 11:59 p.m. ET, Wednesday, March15, 2017.
Instructions for completing the 2016 APR are available on KHC's website, under Quick Links, Compliance, Asset Mgmt, Annual Performance Reporting Tools dropdown. These instructions provide checklists that help ensure documents are submitted by the appropriate submission method. Instructions are also located in the TDCS under the FAQ tab.

Caution: To avoid fees for incomplete submissions, please follow the APR Submission Instructions.

If you need assistance with this new electronic submission process, please contact Amanda Bess or Tim Carpenter toll-free in Kentucky at 800-633-8896 or 502-564-7630, extensions 700 or 733, respectively; TTY 711; or email abess@kyhousing.org or tcarpenter@kyhousing.org, respectively.

DO NOT REPLY-This is an unmonitored email address. 

 

Kentucky Housing Corporation prohibits discrimination on the basis of race; color; religion; sex; national origin; sexual orientation or gender identity; ancestry; age; genetic information; disability; or marital, familial, or veteran status. 

 

To change your eGram preferences or sign up for an eGram list, please visit KHC's website and click on the eGram icon under Quick Links, or click on the "e" at the top of each page on KHC's website.