your premier affordable housing compliance agency since 1989
TRANSCRIPT
Your premier affordable housing compliance agency since 1989
We deliver monitoring,
training and technical assistance to property owners and managers to
protect the investment of
private equity and tax dollars and to ensure continued
quality affordable rental housing.
We deliver monitoring, training and technical
assistance to property owners and managers to
protect the investment of private equity and tax
dollars and to ensure continued quality
affordable rental housing.
Mission
Your premier affordable housing compliance agency since 1989
1995
1989-2015
AHC & Partners
Equity ContributorTrainingTechnical AssistanceCompliance Monitoring
Title II 4c and 4d Sec. 42 LIHTC FDIC Affordable Housing Program HOME NSP
Our Work Together, Building Connections
AHC: The Early Years
•1989: Multi-Mac (AHC) created as 501c3 service program to “fill gaps in the delivery of affordable multifamily rental housing”
•1990: Pioneered MN MBA-FNMA Multifamily Credit Enhancement Initiative: 1st in the U.S.
•1991: Contributed $162,000 equity grant to first Sec. 42 FNMA affordable rental projects:– SPAH (Saint Paul Affordable Housing): TCHDC-150 units– Cimarron Ridge (Rosemount): Gramercy Corp.-36 units
1989-2015
Your premier affordable housing compliance agency since 1989
1995
1992First HTC Contracts – Duluth: 5 projects 107 units– Minneapolis: 21 projects 1,915 units– Rochester: 2 projects 126 units– Saint Cloud: 3 projects 90 units– Saint Paul: 16 projects 408 units
MN Revenue Dept approval to monitor Title II 4c and 4d property tax classification: 20 project
Your premier affordable housing compliance agency since 1989
1995
1993-1994First HTC training
First Title II training
Your premier affordable housing compliance agency since 1989
1995
1995Contract with FDIC for AHP (Affordable Housing Disposition Program) compliance monitoring– 19 projects 760 units
Your premier affordable housing compliance agency since 1989
1995
HUD TA Grant through MHP:– Design HOME Program compliance self-monitoring system for PJ use
HUD CDBG Grant through MHP:– Conduct workshops on “Accessing Mortgage Capital” (collaboration with Minnesota Affordable Homes Congress)
1996
Your premier affordable housing compliance agency since 1989
1995
New HTC contracts:– Dakota County CDA– Washington County HRA
6 PJs field-tested HOME Program self-monitoring system (Rental, Homeownership, TBRA)
New Title II monitoring contract with MHFA
1998
Your premier affordable housing compliance agency since 1989
1995
Developed ACCESS management tool for HTC
Brought compliance monitoring conformance among Suballocators with MN Housing manuals and report forms
Conducted Needs Assessment for HTC training
1999
Your premier affordable housing compliance agency since 1989
1995
All day HTC compliance tax credit training– First done jointly with MN Housing 300 people attended
2000
2001-2010
AHC: The Middle Years
Multi-Mac became Affordable Housing Connections
Strategic Focus on:– Program Compliance, Monitoring and Training
Internal organizational development
Contract consultants became FT Staff
Your premier affordable housing compliance agency since 1989
1995
First AHC Strategic Plan– Disengage from MN MBA– Name change from Multi-Mac to AHC
New Davis Bacon Technical Assistance– Washington County HRA– Scott County HRA– Private Owners
2001
Your premier affordable housing compliance agency since 1989
1995
Moved from Multi-Mac independent contractors to AHC staff
Contract with MHP for HOME Program training in multiple locations
Conducted joint “Advanced” HTC training with MHFA
2003-2004
Your premier affordable housing compliance agency since 1989
1995
Provided technical assistance to City of Saint Paul for rental HOME program- HUD contract through MHP
Focus on HTC “waiver reviews”
First website
2005
Your premier affordable housing compliance agency since 1989
1995
Training Programs Expanded– First Multiple Funding Training - PPL: HTC, Sec. 8, MHOP, HOME– First Working Together Seminar (sponsored by MN MHA) with MN NAHRO and Angie Nielsen (DCCDA) – First Training on new IRS 8823 Guide for HTC– First HTC Acquisition-Rehab Training
2006-2008
Your premier affordable housing compliance agency since 1989
1995
First multiple year HOME Program monitoring contract: City of Saint Paul– 21 rental projects– 1,022 units
2007
Your premier affordable housing compliance agency since 1989
1995
First Full AHC Training Curriculum:– HTC Basics– Preparing Annual Compliance Report (ERP)– Preparing for Site Visit– Qualifying the HTC Household– Advanced HTC Seminar– HTC “Update”
2009
Your premier affordable housing compliance agency since 1989
1995
New TCAP/1602 Exchange Monitoring:– MN Housing 32 projects 2,160 units– MCPED 4 projects 167 units– Saint Paul 3 projects 197 units
New NW Multi-County Consortium HOME Program Monitoring (for St. Louis County) – 10 projects 96 units
New Training Session added to AHC Curriculum– HTC and Multiple Funding Sources
2010
Your premier affordable housing compliance agency since 1989
1995
First Fair Housing Trainings (contract by FHIC)
New OneCPED Contract through MHP– NSP HOME training webinar for Hawaii
2011-2012
Your premier affordable housing compliance agency since 1989
1995
Board focus: Strategic Growth Initiatives– Do more for current clients (multiple program compliance monitoring)– Support capacity-building in complex program compliance training– Model the changing industry “face” (Board and Staff)– Improve technology tools (going paperless)
2011-2015
Your premier affordable housing compliance agency since 1989
1995
New Minneapolis HOME Program Monitoring– 69 projects 3097 units
New Dakota County CDA and Dakota County Consortium HOME Program Monitoring– 46 projects 1,346 units
2012
Your premier affordable housing compliance agency since 1989
1995
New Saint Paul NSP Program Monitoring– 28 projects 66 units
Fair Housing Training added to AHC Curriculum
Two new OneCPD contracts through MHP:– Technical assistance to MN Housing HOME Program owner– Technical assistance to HUD HOME Program Office and ICF on edits to “Using HOME with HTC” training guide
2013
Your premier affordable housing compliance agency since 1989
1995
New Hennepin County Monitoring– HOME 59 projects 1,730 units– NSP 1 project 70 units
2014
Your premier affordable housing compliance agency since 1989
1995
New HTC compliance report: replace ERP with CHART
New AHC logo and website
Affordable Housing Certification Board initiative Phase I:– Minnesota Owner-Management Company Needs Assessment– Survey of Existing National Training Certification Programs– Cost-Benefit Analysis
2015
Your premier affordable housing compliance agency since 1989
1995
New Minneapolis NSP Monitoring8 projects 139 units
2015
Implement new CHART for HTC compliance
Consolidate HERA demographic reporting for Suballocators directly to HUD
Affordable Housing Compliance Certification: Phase II:– Focus AHC curriculum and add testing component– Integrate existing housing industry certifications with AHC certification testing component– Develop Minnesota industry certification process
2016 & Beyond
476 Projects | 21,609 Units
Our Workload in 2016
Your premier affordable housing compliance agency since 1989
1995
•Minneapolis: HTC, HOME, NSP• Saint Paul: HTC, HOME, NSP•Hennepin County: HOME, NSP•NW Multi-County Consortium: HOME•Dakota County CDA and Multi-county Consortium: HOME•Rochester: HTC• St. Cloud: HTC•Washington County: HTC• FDIC: AHP
2016AHC: What’s Next
Your premier affordable housing compliance agency since 1989