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Board Policy Statements and CHFA Procedures

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Board Policy Statements are adopted by CHFA's Board of Directors to provide guidance to staff and the public on specific topics.  Each Board Policy Statement includes: 

  • A brief and clear statement to provide context for CHFA's position, within which CHFA decision-making will occur.  The statement does not limit CHFA's discretion, but provides a degree of predictability of purpose and intent. 
  • A statement of general parameters to guide staff and inform the public on the implementation of the policy to ensure consistency with CHFA expectations.  Guidelines are not rules, but a set of parameters within which management discretion and authority can be exercised. 

Board Policy Statements   

Debt Repayment Moratoriums Policy Statement 

Energy Efficiency Policy Statement

Multifamily Real Estate Owned Properties Policy Statement

Multifamily Rental Housing Development Costs Policy Statement

Preservation of Housing Affordability Policy Statement

Program Eligibility Requirements: Delinquent or Non-Performing Applicants Policy Statement

Very Low-Income Construction Employment Policy Statement 

 

CHFA Procedures 

Excerpt of CHFA Procedures revised June 28, 2018

Proposed LIHTC Program Procedures

Proposed Multifamily Rental Housing Procedures
 

 
 
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