Project Requests & Changes

  • Project Requests & Changes
Additional forms can be found under our Compliance Forms and Compliance Policies webpages.

Owner, General Partner & Management Company Changes

Qualified Contract Requests

Certain Housing Tax Credit properties can seek a buyer through the qualified contract process. Review the restrictive covenant for your project to determine if it qualifies.

If you have any questions about qualified contract requests, contact your regional representative.

Restrictive Covenant Release/Modification

Recently, OHFA has witnessed an increased number of requests for the release or modification of restrictive covenants. OHFA's Qualified Allocation Plan (QAP) after 1996 required owners to waive the right to request a qualified contract which is one means available to sell the low income portion of a project, but often a path to a covenant release. Therefore, many owners have been requesting a full release of the restrictive covenant. In many instances, a modification to the restrictive covenant rather than a full release of the covenant is more appropriate. This entails increasing the number of "market units" (units with no rent or income restrictions) or increasing the rent and income limits.

Requests for project modifications or releases should be sent to Todd Carmichael, Compliance Manager, Office of Program Compliance at Todd Carmichael or by mail to 57 East Main Street, Columbus Ohio 43215.

Changes to Units