UNIAP

UNIAP

  1. What is UNIAP?
  2. 2018 Tax Credit Application Updates
  3. 2018 UNIAP Documents
  4. Questions?

  1. What is UNIAP?

    UNIAP is the Unified Application for HMFA Multifamily Rental Housing Production Programs. It is the one place to go to apply for:

    1. Multifamily Financing Programs - (Three [3] complete sets required at submission)
    2. Low Income Housing Tax Credits - (Two [2] complete sets required at submission)
    3. Multifamily Preservation Lending Program
    4. Supported Housing and Special Needs Programs -  (Two [2] complete sets required at submission)

    Projects often require funding from more than one of the programs listed above. The UNIAP consolidates the application process across programs, in order to reduce the number of forms you need to fill out.

    Before Applying: Review the program information available on this website and the program guidelines within the UNIAP. Please contact the appropriate program staff, particularly if you are seeking Special Needs financing, for pre-application guidance and instructions.


    top of page
  2. 2018 Tax Credit Application Updates

    9% Application Deadlines

    • Family, Senior and Supportive Housing Cycles: Noon on July 24, 2018
    • Mixed Income Reserve: Rolling from July 24 until 12:00 Noon on August 31, 2018

    Any current Tax Credit owners planning to submit applications for the 2018 9% tax credit round are advised to contact their Compliance Analyst to verify there are no uncorrected noncompliance issues with current properties. Please view our Compliance Analyst list (61k PDF) for contact information.

    Underwriting Guidelines
    The underwriting guidelines shall be as follows:
     
    Equity Range
    No equity range will be established for the 2018 9% round. Applicants should underwrite at pricing based upon a commitment from their equity investor. However, applicants should be advised that no hardship applications will be accepted for adjustments made in equity pricing between application and closing with the investor. Applications without a firm commitment from an equity investor shall be underwritten at $.90.
     
    Applicable Percentage

    • 9.00% for the 70% present value credit
    • 3.25% for the 30% present value credit

    top of page
  3. 2018 UNIAP Documents

    The 2018 UNIAP is now available. See below for Application, Guides and Worksheets. (You will need Microsoft Word and Excel installed on your computer to open the .doc and .xls files, respectively.)


    top of page
  4. Questions?

    Please contact the Tax Credit Division at 609-278-7629 with questions.

    top of page