Owners are required to submit the 2016 Annual
Owner Certifications and Tenant Data via OHFA’s online reporting
system: DevCo Online. OHFA recommends you start the reporting
process as early as possible after Tuesday, January 3rd. The 2016
Annual Owner Certification and Tenant Data are due on March 1, 2017. See the 2016 Annual
Reporting Requirements Chart for more details. Note the XML upload will
be active on Wednesday January 4th.
Housing Tax Credit (HTC) Extended Use
These properties have completed the first
15 years of the compliance period and are required to submit
Tenant Data on all rental activity for the reporting year.
New Projects or Lease-up Phase
If any unit is qualified during the 2016
reporting period, the owner is required to submit the Tenant Data
and Annual Certification.
Properties Sold in Reporting Year
If the property was sold during the reporting
period, the owner of record at the end of the reporting period
(12/31/16) is responsible for annual reporting.
DevCo Resources and Help Desk
There are several resources available for the
DevCo, including the Compliance User Guide, DevCo Videos, DevCo
Compliance FAQs, and the DevCo Helpdesk. OHFA revised the
interactive DevCo Compliance User Guide. In
addition to the guide, the How-To
Videos cover the major areas of
DevCo used in reporting.
Two webinars will be held covering the Annual
Owner Reporting Process on January 17 and February 7 at 2:00 pm. All
questions regarding use of DevCo should be submitted on the DevCo Helpdesk.
Questions regarding this message may be
directed by email to Betsy Krieger, Director of Program Compliance