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Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
2019 REVISION OF THE
QUALIFIED ALLOCATION PLAN AND
MULTIFAMILY RENTAL
FINANCING PROGRAM GUIDE
Listening Sessions Maryland Department of Housing &
Community Development
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
SCHEDULE OF LISTENING SESSIONS
Western Maryland:
Tuesday, October 23, 2018
10:30 am to 12:30 pm
Gateway Crossing Community Center
40 Elgin Boulevard
Hagerstown, Maryland 21740
Southern Maryland:
Wednesday, October 24, 2018
6:00 pm to 8:00 pm
Maryland Department of Housing
and Community Development
7800 Harkins Road
Lanham, Maryland 20706
Eastern Shore:
Thursday, October 25, 2018
1:00 pm to 3:00 pm
Town of Denton
4 North Second Street
Denton, Maryland 21629
Central Maryland – North:
Friday, October 26, 2018
10:00 am to 12:00 pm
Greens at Irvington Mews
4300 Frederick Avenue
Baltimore, MD 21229
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
AGENDA
5 min • Welcome and Introductions
10 min • Goals and process for revising current QAP and Guide
15 min
• Overview of applications received and projects that have been funded through the current QAP and Guide
90 min • Input and discussion
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
LISTENING SESSIONS – GOALS AND PROCESS
Seeking input and engagement in the process for revising the Qualified Allocation Plan and Multifamily Rental Financing Program Guide – ensure that the Department provides ample opportunity for interested parties to have their say and inform DHCD of key issues that should be considered during the revision process.
The Department’s Goal: adopt a
revised QAP and Guide that
achieves a balance of many
competing priorities and benefits
from the collective expertise and
experience of interested parties.
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
OVERVIEW OF RECENT
FUNDING ROUND RESULTS
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
Total percentage may not add up to 100% since some properties are located in both a QCT and
Community of Opportunity, thus counted twice: 4 in 2013; 0 in 2014; 1 in 2015; 0 in 2016; 5 in 2018.
68%
50%
81%
32% 32%
44%
38%
19%
61%
80%
4%
13%
3% 7%
0% 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2013 2014 2015 2016 2018
Applications Received by Round
QCT
COO
Other
QAP updated in 2017
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
Total percentage may not add up to 100% since some properties are located in both a QCT and
Community of Opportunity, thus counted twice: 4 in 2013; 0 in 2014; 1 in 2015; 0 in 2016; 3 in 2018.
71% 73%
76%
10% 19%
50%
27% 24%
90% 95%
0% 0% 0% 0% 0% 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2013 2014 2015 2016 2018
Applications Funded by Round
QCT
COO
Other
QAP updated in 2017
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
25 25
32
41
44
14
11
17
20 21
0
5
10
15
20
25
30
35
40
45
50
2013 2014 2015 2016 2018
Applications Received and Funded by Year
Applications
Received
Applications
Funded
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
2018 ROUND FUNDED PROJECTS
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
2018 ROUND FUNDED PROJECTS – UNIT COUNT
• Total Units: 1,147
• Disability Units:167
• Identified 811 Units: 302
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
2018 ROUND AVERAGE SCORE
Average Score – Funded: 194.3 points
Average Score – Not Funded: 184.5 points
Average Score – All Projects: 189.7 points
Significant Score Differentials
Category Total Points Funded Not Funded % Differential
4.4.1 Income
Targeting 15 13.4 12.6 6.3%
4.4.6 Additional
Incentives 4 3.2 1.5 113.3%
4.5.1 Direct
Leveraging 11 10.1 8.4 20.2%
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
0
200
400
600
800
1000
1200
New Construction Assisted Rehab Unassisted Rehab
Progress towards VCA Unit Production Goal
Closed
Processing
197
868
303
7
1,065
1,050 Unit Min 200 Unit Max 250 Unit Max
1,272 Units Closed
or Processing out
of 1,500 Unit Goal
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
INPUT AND DISCUSSION
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
CONTACT US
• Notices Posted At:
http://dhcd.maryland.gov/HousingDevelopment/Pages/MFLibrary.a
spx#notices
• Email: [email protected]
Kenneth C. Holt, Secretary Tony Reed, Deputy Secretary
Maryland Department of Housing and Community Development
OR REACH US DIRECTLY
Gregory Hare
Phone: (301) 429-7775
Email: [email protected]
Caty Waterman
Phone: (301) 429-7776
Email: [email protected]
Qirstan Byrd
Phone: (301) 429-7501
Email: [email protected]
Brien O’Toole
Phone: (301) 429-7761
Email: [email protected]
