FDIC Affordable Housing Disposition Program (AHDP)
Arizona - Colorado - Connecticut - Indiana - Ohio - Massachusetts - Missouri


 

Phoenix Revitalization Corporation (PRC) has been assigned the monitoring responsibilities by the Federal Deposit Insurance Corporation (FDIC) for properties in; Arizona, Colorado, Connecticut, Florida, Indiana, Ohio, Massachusetts and Missouri. We monitor compliance with the FDIC Land Use Restriction Agreement (LURA) and help ensure the preservation of affordable housing by maintaining rental opportunities for low income and very-low-income households.

It is our goal to assist with program compliance.  Important information about the AHDP program, LURA requirements, annual reporting and other resources for property owners and managers are available from the links listed below.  Please contact a PRC team member if you have any questions.

 

  AHDP Income and Rent Limits  

  Arizona
Apache County
2021 2020 2019 2018 2017
Cochise County
2021 2020 2019 2018 2017
Maricopa County
2021 2020 2019 2018 2017
Pima County 2021 2020 2019 2018 2017
 
  Colorado  
Denver – Aurora – Lakewood Metro Area 2021 2020 2019
El Paso County 2021 2020 2019
Garfield County 2021 2020 2019
  Mesa County 2021 2020 2019
           
  Connecticut          
Norwich – New London Metro Area 2021 2020 2019 2018  
Stamford – Norwalk Metro Area 2021 2020 2019    
             

Florida          

Orlando - Kissimmee - Sanford

2021 2020      
Palm Bay - Melbourne - Titusville 2021 2020      
           
  Indiana          
Indianapolis – Carmel – Anderson Metro Area 2021 2020 2019 2018 2017
           
             
  Massachusetts          
Boston – Cambridge – Newton Metro Area 2021 2020 2019    
           
           
  Missouri          
St Louis Metro Area 2021 2020 2019 2018  
Kansas City Metro Area 2021 2020 2019    
           
  Ohio          
Columbus Metro Area 2021 2020 2019 2018 2017
Toledo Metro Area 2021 2020 2019 2018 2017
           
 


  AHDP Requirements for Annual Compliance
     
  Annual Report

The Annual Report period for all properties is 01/01 - 12/31 Each Year.

Please see the Annual Report Checklist for required documents and information regarding
this report.

Annual Report Checklist

You can submit this report via:

Email: ahdp@phxrevitalization.org
WeTransfer: https://phxrevcorp.wetransfer.com
Drop Off: Please call the office at (602) 253-6895 to schedule an appointment.
Mail:
1122 E. Buckeye Rd.
Suite A1 / Mailbox 4
Phoenix, AZ 85034

Bi-Monthly Report

If your property has been placed on Bi-Monthly Reporting please see the Bi-Monthly Reporting Checklist for reporting schedule, required documents and other important information regarding this report.

Bi-Monthly Report Checklist

You can submit this report via:

Email: ahdp@phxrevitalization.org
WeTransfer: https://phxrevcorp.wetransfer.com

   
 

Annual Monitoring Fee

The Annual Monitoring Fees for all properties is due on 01/15 for that calendar year.

You can send your payment to PRC at:

1122 E. Buckeye Rd.
Suite A1 / Mailbox 4
Phoenix, AZ 85034

Site Review 2022

A Site Review for 2022 is scheduled for your property if you have 10 or more set aside units.

Please see the Site Review Checklist for more information regarding Site Review requirements.

Site Review Checklist

     
 

AHDP Forms

     
  Annual Report - Required Forms

Verification of Information (VOI)
Owner Certification of Program Compliance
Part A - Compliance Report Summary
*Fillable PDF / Printable PDF
Part B - Unit Status Report
*Excel / PDF

*Form includes formulas

Qualified Units - Required Forms

Tenant Income Certification (TIC)
Lease Addendum
Tenant Release and Consent

     
  Sample Forms

Certification of Zero Income
Child Support and Alimony Verification
Employment Verification
Recurring Gift Verification
Self-Declaration of Income
Telephone Employment Verification
Tenant Certification Clarification

Tools


 

Request a Training
  Trainings run typically 1 - 1 1/2 hours long. Multiple people can join the trainings.
Click Here to request a training


  Property Owner's Manual
   
  Chapter 1 - Introduction
  Chapter 2 - Multifamily Property Requirements
  Chapter 3 - Achieving Compliance
  Chapter 4 - Determining Income Eligibility
  Chapter 5 - Rent and Lease Requirements
  Chapter 6 - Reporting, Record-Keeping, and Administrative Requirements
  Chapter 7 - Financial Infeasibility Waiver
  Chapter 8 - Compliance Procedures for Condominium Bulk Purchases
  Chapter 9 - Compliance Procedures for Single Family Bulk Sales to Public Agencies and Nonprofits
  Appendix C - Guide For Determining Annual Income
   
  All Chapters in PDF Format

  AHDP Program History
 

The RTC Affordable Housing Disposition Program was established by section 501 of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989. Regulations governing the AHDP were issued in April 1990, with the basic statutory obligation being to ensure the preservation of affordable housing by providing home ownership and maintaining rental opportunities for moderate-income, low-income, and very-low-income households. The two components of the AHDP are the Single-Family Program and the Multi-Family Program. In 1991, with the extensive amending of FIRREA by the Resolution Trust Corporation Refinancing, Restructuring, and Improvement Act (RTCRRIA), the RTC added condominium units to the AHDP and generally treat them as single-family properties.

The RTC classifies households as low-income when their income does not exceed 80 percent of the area median income as established by the U.S. Department of Housing and Urban Development (HUD). The RTC classified very-low-income households as those with income that does not exceed 50 percent of the area median income as established by HUD. Rents that can be charged to these households are restricted according to a formula based on income figures for the area of the property.



 

 

 

  PRC FDIC / AHDP Monitoring Team
  Eva O. Olivas / Executive Director & AHDP Compliance Monitor
Patricia Blaisdell / AHDP Compliance Monitor
Julia Duran
/ AHDP Compliance Officer
Sonia Tilton / AHDP Program Assistant
Celeste Moreno / AHDP Program Assistant
   
  PRC Monitoring Agency Contact Information
 

Phoenix Revitalization Corporation
1122 E. Buckeye Road | Suite A-1 / Mailbox 4 | Phoenix, Arizona 85034
Office: (602) 253-6895 | www.phxrevitalization.org | E-mail: ahdp@phxrevitalization.org

PRC Office Hours
Monday through Thursday - 9:00 a.m. to 4:00 p.m.  (Phoenix Time)
Friday, Saturday, Sunday and Evenings by appointment.