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Draft Utility Allowance Policy LIHTC 05/17/2010

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Recent Updates For Compliance Monitoring:

If you have questions regarding the information below, please call (517) 241-2560 or email our Compliance Monitoring Division.

 

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Public Comment Period On Draft Utility Allowance Policy for LIHTC Projects:
The Michigan State Housing Development Authority (MSHDA) is seeking public comments on MSHDA’s draft Utility Allowance (UA) Policy. The UA Policy includes two new UA methods which MSHDA intends to implement on June 15, 2010 (Actual Consumption Method and HUD Utility Model). The UA policy and associated documents are available below for review:
Utility Allowance Preamble (PDF) Provides an overview of the forms and reference documents used in applying the new methods.
Utility Allowance Policy For LIHTC Projects (PDF)
Utility Allowance Quick Reference Chart (PDF)
Utility Allowance Instructions For Agency Estimates (Actual Consumption Method) (PDF)
Consumption Data Certification Workbook (Excel) Includes instructions, consumption data collection spreadsheets, and Utility Allowance Owner's Certification for owner certification of data accuracy.
Resident Release Authorization Form (PDF) Provides a sample resident authorization for utility company to release resident consumption data to owner/management agent.
MSHDA invites the general public, and specifically owners/management agents, to provide written and electronic comments and feedback during a 14 day comment period which will begin on May 17 and end May 31, 2010. It is anticipated that the final UA Policy and accompanying documents will be issued on June 15, 2010. Active owner/management agent participation and communication is essential to that process.
Please submit initial questions and comments by mail no later than May 31, 2010 to:

Michigan State Housing Development Authority
Compliance Monitoring Section
Attention: Lynda Belisle
735 E. Michigan Avenue
Lansing, Michigan 48912

Comments may also be submitted by E-mail to mshdacompliance@michigan.gov. Please include "UA Policy Comments" in subject line.
Related Content
 •  Asset Management 2011 Fall Conference Presentations 10/06/2011
 •  Request For Proposals 08/31/2011
 •  Income And Rent Limits Effective 05/31/2011
 •  Utility Allowance Updates 05/09/2011
 •  Draft 2011 LIHTC Compliance Manual 04/08/2011
 •  Annual Certification Memo 12/20/2010
 •  Social Security No Increase For 2011 10/15/2010
 •  Physical Inspection Tech Svcs Memo 2010-1 Bed Bugs 09/27/2010
 •  Utility Allowance Policy LIHTC 06/15/2010
 •  Utility Allowance Updates 05/25/2010
 •  Income And Rent Limits Effective 05/14/2010
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