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Forms and applications for the Affordable Housing Program
(AHP) are available on this page. Please contact your community
investment manager or a member of the Housing
and Community Investment Department staff to obtain forms
not listed here.
Click on the links below to go directly to the forms:
AHP Next Steps
AHP Disbursement
Request Form
AHP
Retention Document
AHP Online
Reports
AHP
Application Package
AHP
Application Package
The second round of the 2008 AHP closed on September 12.
Information on round one 2009 will be available in January 2009.
AHP Next Steps
AHP
Next Steps Training (PDF)
AHP
Next Steps Manual (PDF)
Use these documents as reference guides for required "next steps" associated
with an AHP award.
Reporting Forms
Semiannual
Progress Report
Use this form to provide semiannual progress reports until
an AHP-funded development is complete.
Annual
Compliance Certification Rental
Once an AHP-funded rental development is complete, members
and project sponsors must use this form to report annually
for 15 years.
Periodic
Monitoring Report
Members and project owners that have a rental development
receiving more than $50,000 in subsidy must submit this report
once every six years after completion. Members and project
owners that have a rental development receiving more than
$250,000 must submit this report once every four years after
completion. Members and project owners that have a rental
development receiving more than $500,000 must submit this
report and receive a monitoring visit from Bank staff once
every two years.
Beginning in November 2008, the AHP regulation does not
require any long-term monitoring of completed and placed-in-service
affordable-housing projects financed with Low Income Housing
Tax Credit equity. This includes both the Annual Compliance
Certification and the Periodic Monitoring Report. During
development, the Housing and Community Investment department
will obtain documentation (copy of Form 8609) confirming
the Low Income Housing Tax Credit equity in order to exempt
these projects from the long-term monitoring requirements.
Please note: For initiatives requiring
this report, the Periodic Monitoring Report has been combined
with the Annual Compliance Certification (ACCPMR).
Disbursement
AHP
Disbursement Request Form (PDF/13KB)
Use this form to request disbursement of AHP funds.
Retention
Documents for AHP Owner-Occupied Initiatives
July
12, 2007 Notice of Changes to AHP Retention Documents
AHP
Owner-Occupied Mortgage: CT, ME, VT
This Standard Retention Mortgage is for use in Connecticut,
Maine, and Vermont for owner-occupied properties at the time
of sale to the home buyer. Please use this form in combination
with the AHP Owner-Occupied Standard Retention Note. In Maine
and Vermont, the mortgage must be recorded; in Connecticut,
both the mortgage and the note must be recorded.
AHP
Owner-Occupied Mortgage: MA, NH, RI
This Standard Retention Mortgage is for use in properties
in Massachusetts, New Hampshire, and Rhode Island for owner-occupied
properties at the time of sale to the home buyer. Please use
this form in combination with the AHP Owner-Occupied Standard
Retention Note. The mortgage must be recorded in all three
states.
AHP
Owner-Occupied Standard Retention Note
All six New England states must use this note. In Connecticut,
this note must be recorded.
AHP
Interim Homeownership Mortgage: MA, RI, NH
For use with AHP homeownership initiatives in these states
that are using the AHP Direct Subsidy to fund construction
or rehabilitation costs prior to the final sale to the home
buyers. Please use this form in combination with the AHP Interim
Homeownership Note.
AHP
Interim Homeownership Mortgage: CT, ME, VT
For use with AHP homeownership initiatives in these states
that are using the AHP direct subsidy to fund construction
or rehabilitation costs prior to the final sale to the home
buyers. Please use this form in combination with the AHP Interim
Homeownership Note. In Maine and Vermont, the mortgage must
be recorded; in Connecticut, both the mortgage and the note
must be recorded.
AHP Interim
Homeownership Standard Retention Note
All six New England states must use this note. In Connecticut,
this note must be recorded.
Retention Documents for Rental Initiatives
AHP
Rental Mortgage: CT, ME, VT
This Standard Retention Mortgage is for use with the AHP direct
subsidy/grant in Connecticut, Maine, and Vermont for most
rental properties. Please use this form in combination with
the AHP Standard Retention Rental Note. In Maine and Vermont,
the mortgage must be recorded; in Connecticut, both the mortgage
and the note must be recorded.
AHP Rental
Mortgage: MA, NH, RI
This Standard Retention Mortgage is for use with the AHP direct
subsidy/grant in Massachusetts, New Hampshire, and Rhode Island
for most rental properties. Please use this form in combination
with the AHP Standard Retention Note. The mortgage must be
recorded in all three states.
AHP
Standard Retention Rental Note
All six New England states must use this note in AHP direct
subsidy/grant transactions for rental initiatives.
AHP Subsidized
Advance Rider
This rider is for use in conjunction with a member's loan
to the sponsor/owner of a project that is funded by an AHP
subsidized advance. The rider ensures the retention of the
AHP subsidy used to write down the interest rate. This document
can be used in all six New England states.
HUD
202/811 Rider
This rider is for use with a HUD 202/811 rental initiative.
The rider ensures the retention of the AHP subsidy used in
the project, while using the HUD documents for the transaction.
This document can be used in all six New England states.
Collateral
Assignment of Mortgage and Note
This document is used to assign the mortgage, note, and proceeds
to the member financial institution when the AHP subsidy is
lent by the project sponsor to the project owner (usually
in a Low Income Housing Tax Credit transaction). It can be
used in all six New England states.
If you have questions, please contact your community investment
manager or a member of the Housing and Community Investment
Department staff at 1-888-424-3863.
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