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FDIC Affordable Housing Disposition Program (AHDP) Arizona - Colorado - Connecticut - Florida - Indiana - Ohio - Massachusetts - Missouri - South Carolina |
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MESSAGE BOARD
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AHDP Income and Rent Limits |
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Requirements for Compliance Reporting | ||
ANNUAL REPORT / ALL PROPERTIES | BI-MONTHLY REPORTING | |
Period ending 12/31/22 reports are due on or before 01/31/23. Reports are not accepted prior to the period end date of 12/31/22. Submit your report timely to avoid penalties. - REQURED FORMS CHECKLIST: Click Here - OPTIONS TO SUBMIT YOUR REPORT Via Email: ahdp@phxrevitalization.org |
Report Period: Refer to your Notice of Non-Compliance if Monthly or Bi-Monthly - OPTIONS TO SUBMIT YOUR REPORT Via Email: ahdp@phxrevitalization.org
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ANNNUAL MONITORING FEES | SITE REVIEWS (2022/2023) | |
You can send your payment to PRC at: |
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AHDP FORMS |
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ANNUAL REPORT - REQUIRED FORMS | QUALIFIED UNITS - REQUIRED FORMS | |
Verification of Information (VOI) *Form includes formulas |
Tenant Income Certification (TIC) |
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Sample Forms | Tools | |
Certification of Zero Income |
Income Calculations Worksheet |
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AHDP / FDIC TRAININGS |
Training is available for all property owners and managers. There is no fee for training. Training is NOT available from 12/22/22 through 01/06/2023. Trainings run typically 1 - 1 1/2 hours long. Multiple people can join the trainings. |
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EXTENSIONS |
This option is no longer available for any property report (Annual, Bi-monthly and Monthly) or for submitting the payment for the Annual monitoring fees. Submit timely to avoid penalties or further compliance actions. |
AHDP Program History | |
The RTC Affordable Housing Disposition Program was established by section 501 of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989. Regulations governing the AHDP were issued in April 1990, with the basic statutory obligation being to ensure the preservation of affordable housing by providing home ownership and maintaining rental opportunities for moderate-income, low-income, and very-low-income households. The two components of the AHDP are the Single-Family Program and the Multi-Family Program. In 1991, with the extensive amending of FIRREA by the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act (RTCRRIA), the RTC added condominium units to the AHDP and generally treat them as single-family properties. |
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PRC FDIC / AHDP Monitoring Team | |
Eva O. Olivas / Executive Director & FDIC-AHDP Compliance Monitor |
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PRC Monitoring Agency Contact Information | |
Phoenix Revitalization Corporation PRC Office Hours |