CHFA and DECD work in close collaboration to maximize affordable housing development through a variety of funding programs, including the upcoming funding opportunity under the 9% Federal Low-Income Housing Tax Credit Program (the “9% LIHTC Program”) administered by CHFA.
To simplify the application process, submissions of the Consolidated Application for the 9% LIHTC Program and for future funding opportunities may now be submitted electronically.
Electronic submissions will be made through the BizNet portal. Instructions for applicants that wish to take advantage of this electronic submission option will be made available when the availability of tax credits through the 9% LIHTC Program is announced.
Alternatively, an applicant may choose instead to submit all required application materials in hard copy, with multiple copies delivered to each of DECD and CHFA in the same manner as has been required previously for CHFA and DECD programs. Instructions for such a hard copy submission will also be made available when the availability of tax credits through the 9% LIHTC Program is announced.
Please note that whichever submission method an applicant chooses, the applicant must use the version of the Consolidated Application available on the websites of CHFA and DECD on the date that the availability of tax credits through the 9% LIHTC Program is announced.