your premier affordable housing compliance agency since 1989

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Your premier affordable housing compliance agency since 1989

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Page 1: Your premier affordable housing compliance agency since 1989

Your premier affordable housing compliance agency since 1989

Page 2: 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

Page 3: Your premier affordable housing compliance agency since 1989

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

Page 4: Your premier affordable housing compliance agency since 1989

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

Page 5: Your premier affordable housing compliance agency since 1989

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

Page 6: Your premier affordable housing compliance agency since 1989

Your premier affordable housing compliance agency since 1989

1995

1993-1994First HTC training

First Title II training

Page 7: Your premier affordable housing compliance agency since 1989

Your premier affordable housing compliance agency since 1989

1995

1995Contract with FDIC for AHP (Affordable Housing Disposition Program) compliance monitoring– 19 projects 760 units

Page 8: Your premier affordable housing compliance agency since 1989

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

Page 9: Your premier affordable housing compliance agency since 1989

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

Page 10: Your premier affordable housing compliance agency since 1989

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

Page 11: Your premier affordable housing compliance agency since 1989

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

Page 12: Your premier affordable housing compliance agency since 1989

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

Page 13: Your premier affordable housing compliance agency since 1989

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

Page 14: Your premier affordable housing compliance agency since 1989

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

Page 15: Your premier affordable housing compliance agency since 1989

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

Page 16: Your premier affordable housing compliance agency since 1989

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

Page 17: Your premier affordable housing compliance agency since 1989

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

Page 18: Your premier affordable housing compliance agency since 1989

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

Page 19: Your premier affordable housing compliance agency since 1989

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

Page 20: Your premier affordable housing compliance agency since 1989

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

Page 21: Your premier affordable housing compliance agency since 1989

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

Page 22: Your premier affordable housing compliance agency since 1989

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

Page 23: Your premier affordable housing compliance agency since 1989

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

Page 24: Your premier affordable housing compliance agency since 1989

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

Page 25: Your premier affordable housing compliance agency since 1989

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

Page 26: Your premier affordable housing compliance agency since 1989

Your premier affordable housing compliance agency since 1989

1995

New Minneapolis NSP Monitoring8 projects 139 units

2015

Page 27: Your premier affordable housing compliance agency since 1989

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

Page 28: Your premier affordable housing compliance agency since 1989

476 Projects | 21,609 Units

Our Workload in 2016

Page 29: Your premier affordable housing compliance agency since 1989

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

Page 30: Your premier affordable housing compliance agency since 1989

Your premier affordable housing compliance agency since 1989