The 2016 HUD published HOME rents were effective
June 6, 2016. HDAP recipients of projects that have received OHFA
HOME funds are required to submit an OHFA HOME
Rent Approval Form on an annual basis. This
form is due by July 21. The form must be signed by the HDAP
recipient as listed in the HOME funding agreement. The HOME Rent Approval
Form should be sent directly to the OHFA Compliance Analyst assigned to the subject property via email.
HDAP/HOME recipients who fail to submit the OHFA
Rent Approval Form will be placed on a Watch List and OHFA's Office
of Planning, Preservation and Development will be notified. Allocation
of funding for new projects may be impacted for Owners/Recipients
who are on the Watch List.
Recipients who received OHFA HDAP/Trust funds are
not required to submit the OHFA Home Rent Approval
Form. Please direct any questions regarding this message to
Betsy Krieger, Director of Program Compliance via email at email@example.com.