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NOTICE OF PUBLIC HEARING AND REQUEST FOR PUBLIC COMMENTS ON THE 2016 STATE OF NEW MEXICO LOW INCOME HOUSING...

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Las Cruces Sun News, NOTICE OF PUBLIC HEARING AND REQUEST FOR PUBLIC COMMENTS ON THE 2016 STATE OF NEW MEXICO LOW INCOME HOUSING TAXCREDIT QUALIFIED ALLOCATION PLAN AND 2016 MANDATORY DESIGN STANDARDS FOR MULTIFAMILY RENTAL HOUSING The New Mexico Mortgage Finance Authority (MFA), as the designated Housing Credit Agency for the State of New Mexico, is responsible for administering the Low-income Housing Tax Credit Program and allocating tax credits to eligible low income housing projects. MFA will make allocations of tax credits pursuant to a Qualified Allocation Plan which: 1) sets forth selection criteria to be used to determine housing priorities appropriate to local conditions; 2) gives preference in allocating housing credit dollar amounts among selected projects to a) projects serving the lowest income tenants and b) projects obligated to serve qualified tenants for the longest periods; and 3) provides a procedure that MFA will use in monitoring for noncompliance. This notice is to advise you that the 2016 Draft Low Income Housing Tax Credit Qualified Allocation Plan and 2016 Draft Mandatory Design Standards for Multifamily Rental Housing will be available on August 21, 2015. Both documents will be available to download from the MFA website at www.housingnm.org/developers/low-income-housing-tax-credits-lihtc. The 30-day public comment period begins on August 21, 2015 and continues through 5:00 p.m. on September 21, 2015.Written comments on the Draft Qualified Allocation Plan and Draft Design Standards may be delivered by email, mail, by courier service, or by hand to MFA at the following address: New Mexico Mortgage Finance Authority Attn: Susan H. Biernacki 344 4th Street SW Albuquerque, NM 87102sbiernacki@housingnm.org Comments may also be made verbally at the following public hearing: September 10th, 2015New Mexico Mortgage Finance AuthorityBoard Room344 4th Street SWAlbuquerque, NM 87102 10:30 AM to 12:00 PM If you would like additional information please contact Susan H. Biernacki at sbiernacki@housingnm.org or (505) 843-6880.Pub#55818Run Date: August 21,2015

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