This monthly newsletter provides information and updates from the Real Estate Department (RED) at the Indiana Housing and Community Development Authority (IHCDA). If you have a specific interest or subject area that you would like to read more about please contact us.
Matt Rayburn promoted to Deputy Executive Director
IHCDA proudly announces the promotion of Matt Rayburn to Deputy Executive Director! Matt, who joined IHCDA in 2008, will continue his role as Chief Real Estate Development Officer and assume additional responsibilities as Deputy Executive Director.
Click here to read the full announcement.
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2016 Rental Housing Tax Credits Announced
On February 25, 2016 the IHCDA Board of Directors, chaired by Lt. Governor Sue Ellspermann, approved 18 Rental Housing Tax Credit projects out of 50 received applications. The selected projects combine for a funding total of $14.3 million RHTC's and $5.7 million in IHCDA funding. These projects will create over 800 units of affordable housing options for Hoosiers.
Click here to view the full list of awarded and denied projects.
With questions or comments, please contact IHCDA Tax Credit Manager, Alan Rakowski.
Sign up for CHDO 301 Capacity Training on March 17th!
Beginning in 2017, IHCDA will amend its policies for the HOME program in a way that will give a significant funding advantage to certified Community Housing Development Organizations (CHDOs). This capacity building program provides special assistance to private, nonprofit, community based entities with staff capacity to carry out affordable housing activities. This program is open to existing (certified) CHDOs as well as those nonprofits seeking to become CHDOs.
Did you miss CHDO 101 and 201 sessions? You can view the presentation PowerPoints online here. Make sure you sign up for CHDO 301 to be held on March 17th!
Attention OOR Recipients & Administrators!
IHCDA's Design and Construction Review Analyst, Dave Pugh, will be providing a few tips each month regarding OOR physical inspections to help award recipients and administrators prevent delays and award findings. Check out March's tips below:
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- The
installation of a new panel box or circuits requires all breakers to be
identified and listed. The code states:
All circuits shall be legibly identified as to purpose or use on a circuit
directory located on the face or inside the door of the enclosure. Section E3602.2 of the 2003 IRC.
- Open ports
within a panel box need concealed to protect accidental contact. Section E33034.8 of the 2003 IRC.
- When
replacing a water heater there needs to be a discharge line installed. Section P2803.6.1 of the 2003 IRC.
- Smoke
alarms need installed throughout a home to include each bedroom. Other exact locations and specification are
included in Section R313 of the 2003 IRC.
Preserving Historic Places
Indiana's Statewide Preservation Conference will be held in Vincennes, Indiana from April 26th-29th.
Tuesday, April 26th, from 10am-3pm will be a Section 106 Historic Workshop. IHCDA highly recommends attending this workshop to learn more about the Environmental/Historic106 Reviews process.
The goal of this training is to explain different review types, when they are required, and how to get your reviews through more efficiently by providing the correct information.
You can attend the 106 training (for free) without attending the whole conference; just select the training and not the conference upon registration.
For more information and registration, visit www.in.gov/dnr/historic
Indiana 2016 Action Plan Stakeholder Survey
The
State of Indiana, as a recipient of funds from the U.S. Department of Housing
and Urban Development (HUD), is conducting a survey targeted to our partners
and stakeholders to: (1) Provide an opportunity for comment on the 2016
preliminary draft Annual Action Plan and (2) Confirm that the community development and housing needs identified for
the 2015-2019 Consolidated Plan are still applicable. Your feedback is
absolutely critical to us as we establish priorities and identify need for
Consolidated Plan-governed resources.
If you have any questions about the survey,
please contact Jen Garner from BBC Research and Consulting at jgarner@bbcresearch.com
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