LIHTC OnLine Application (LOLA)

WHEDA's Online LIHTC application for 2009 is currently under construction.

2009 Application Appendices

Appendices provide instruction/information needed to prepare a LIHTC application. (.pdf) See About File Formats for help.

• Appendix A - Market Study Guidelines
• Appendix B - Nonprofit Set-Aside Threshold
• Appendix C - 2008 Income and Rent Limits
• Appendix D - Home Funds and Low-Income Housing Tax Credits
• Appendix E - Eliminated for 2009
• Appendix F - Qualified Census Tracts
• Appendix G - 221(d)(4) Cost Limit Guide (Excel spreadsheet)
• Appendix H
• Capital Needs Assessment Policy and Standards
• Developer Scope of Work Requirements
• Appendix I - Service Provision in Senior Housing
• Appendix J - Utility Allowances
• Appendix K - Developer Fee Policy
• Appendix L - Eliminated for 2009
• Appendix M - WHEDA Design Requirements Revised 11/4/08
• Appendix N - HUD/RD Submittal Requirements
• Appendix 0 - Eliminated for 2009
• Appendix P - Development Team Quality
• Appendix Q - Identity of Interest Situations
• Appendix R - Certified Rent Roll Requirement
• Appendix S - Construction Signage Requirement
  
  The four files below are for use only by your sign-maker since the file formats can only be read by specific graphic arts programs.
  
  • Two-color .eps graphics zip file (1.27MB)
  • Two-color .pdf graphics zip file (427KB)
  • Four-color .eps graphics zip file (988KB)
  • Four-color .pdf graphics zip file (424KB)
  
  See How to Download Executable Files for instructions on how to save and open zipped files.

Entire Packet of Appendices A-T

Additional 2009 Required Materials

• Debt Interest Methodology - Competitive Applications must use the permanent debt interest rate (WHEDA's 18-year term Tax Credit Financing rate published the first week in January, 2009, including rate hedge).
• Development Team Experience Forms
  (.pdf) (.exe)
• Fee Remittance Form
  (.pdf) (.exe)
• Local Official Notification Form
  (.pdf) (.exe)
• Credit Checklist
  (.pdf) (.exe)
• Request for Referrals Form
  (.pdf) (.exe)

• Applications for Additional Credit
• LIHTC Multifamily Loan Application Addendum
  (.pdf) (.exe)

Credit on Credit Guidance

Securing additional tax credits for existing Section 42 LIHTC developments

Impact of H. R. 1424 on 2009 QAP

QAP

• WHEDA Board amends 2009-10 QAP on November 17, 2008.
• FINAL 2009-2010 Qualified Allocation Plan
  The (.pdf) includes the Governor's approval letter, the FINAL Qualified Allocation Plan, and major changes for 2009.
• FINAL 2009 Self-Scoring Exhibit
  Revised 11/19/08
  This is a sample FINAL Self-Scoring Exhibit.  (.pdf) You must complete this exhibit electronically via LOLA when the 2009 LIHTC Online Application is made available

Tax Credit Advisory Committee

• 6-05-08 Minutes


• 5-22-08 Minutes