Rental Production Forms

2023-2024 Rental Production Application Workshop Presentations

• Asset Management
• Application Checklist Items
• Application Underwriting Process
• Davis Bacon Compliance
• Economic Development Guidelines
• Environmental Compliance
• Federal Programs
• Financing Guidelines and Fair Housing
• Market Study Guidelines
• Relocation
• Section 3 Contractor Compliance
• Service-Enriched
• Set-Aside Priorities
• Tax Credit Administration

Market Studies

• 2022 Market Study Guidelines
• MHDC Approved Market Study Firms
• MHDC Market Study Summary Form 1300
• Market Study Terminology

Tax Credit Allocation

• Form 3341 and 3342 - Exhibit B 10% Test
• 10% Test Auditor Report Sample
• Form 3345 - Plan Review Worksheet
• Tax Credit Accountability Act Reporting Form and Instructions

Sample Documents

• 42(m) Request Letter - IDA
• Acquisition Opinion Letter

Election of Applicable Percentage - Tax Exempt Bond Financed Project

• Election of Applicable Percentage Form
• Rate Lock Request Letter - Bond Issuer

Cost Certification 

• Cost Certification Instructions
• Form 3320 Contractors Cost Certification
• Form 3335 Development Cost Certification Workbook - LIHTC
• Form 3335 Development Cost Certification Workbook - No LIHTC
• Contractor's Certificate of Annual Cost Independent Auditor's Report
• Development Cost Certification Independent Auditor's Report - MHDC Loan
• Development Cost Certification Independent Auditor's Report - Tax Credit

Workforce Policies

• Workforce Eligibility Policy, Compliance Handbook and Affidavit

Construction Disbursement

• Construction Disbursement Guide (MHDC 2400)
• Construction Disbursement Forms

Other Forms and Resources

• 2023 Max Development Cost Limits
• Workforce Eligibility Affidavit
• Minimum Rental Assistance Calculator
• 2022 HOME Unit Analysis 
• Special Needs Housing Reserve Fund Guidelines
• Income-Averaging Recorded Webinar
• Income-Averaging Webinar slides
• Income-Averaging Q&A
• Difficult Development Areas (DDA) and Qualified Census Tracts (QCT)
• Form 2502 Master Sub List
• MHDC Guidance for Condominium Conversions
• Income Limits and Maximum Rent Level Calculator (It is important to note that the determination of maximum income and rent limits is complex, and the use of a Compliance Professional is highly recommended)
• Guidance on LIHTC Nonprofit Material Participation