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Form 1128 Oklahoma City Oklahoma: What You Should Know

Jul 1, 2023 — Statement of Policy Regarding Low Income Housing Tax Credits: The Statement of Policy regarding the Low Income Housing Credit (LIH TC) program for projects that create a high proportion of Very Low Income Persons (Clips) or a high proportion of households with very low income is hereby rescinded. Ventura County — “Vend” Nov 15, 2023 — Statement of Policy Regarding Low Income Housing Credit (IPCC) —  The Ventura County (Vancouver) County Department of Community Planning and Development (CCPD) is now directing CPD applicants to complete the City of Olathe Section 8 “Vend” form and provide the information requested. Oct 31, 2023 — Information Regarding Section 8/IPCC Applications: The City of Olathe's Section 8/IPCC program is currently accepting applications for both “vend” and “application.” The City of Olathe is encouraging the use of the application process and will be doing further outreach to the public. H-2 Low Income Housing Tax Credit Report A. The City of Olathe will not accept applications for an H2HTC, unless (1) the proposed project or project-type is subject to the Special Housing and Affordable Housing Tax Credit program; or (2) the project is a project described in the Special Housing and Affordable Housing Tax Credit Program or the City of Olathe Special Housing and Affordable Housing Tax Credit project guide published by the Department of Community Planning and Development (CCPD) or City of Olathe Economic Development and Community Development Section 8 program team in 2006. B. If an applicant has previously completed, or plans to complete, a Section 8 H2HTC project, the applicant should submit an application only for a new H2HTC construction project. Applications for new projects should not be submitted until further notice. C. For Section 8 H2HTC projects, the City of Olathe may grant a permit in an amount up to 20% of the property value of the project for which the permit is requested or in the same amount if the total project cost does not exceed 25,000. D.

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