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

 

MESSAGE BOARD

  1. Annual Report – Period ending 12/31/22 reports are due on or before 01/31/23. Reports are not accepted prior to the period end date of 12/31/22. Submit your report timely to avoid penalties.

  2. Annual Monitoring Fees – Due by 01/15/2023. Submit your payment timely to avoid penalties. 

  3. AHDP Forms – You are required to use the FDIC Program forms for all reporting as posted on our website. 

  4. Site Reviews (2022/2023) – A Site Review is scheduled for your property if your LURA requires (10 or more set aside units). See the checklist on our website.

  5. FDIC / AHDP Training – Training is available for all property owners and managers and you can register on our website. There is no fee for training. Training is NOT available from 12/22/22 through 01/06/2023. 

  6. Extensions - This option is no longer available for any property report (Annual, Bi-monthly and Monthly) or for submitting the payment for the Annual monitoring fees. Submit timely to avoid penalties or further compliance actions. 


 

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, Missouri and South Carolina. 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
(2022 Income and Rent Limits NOW AVAILABLE)
 
   


  Arizona
Apache County
2022 2021 2020 2019 2018 2017
Cochise County
2022 2021 2020 2019 2018 2017
Maricopa County
2022 2021 2020 2019 2018 2017
Pima County 2022 2021 2020 2019 2018 2017
  AZ Housing List | AZ Housing Map            
               
   
  Colorado    
Denver – Aurora – Lakewood Metro Area 2022 2021 2020 2019
El Paso County 2022 2021 2020 2019
Garfield County 2022 2021 2020 2019
  Mesa County 2022 2021 2020 2019
  CO Housing Map            
               
             
  Connecticut            
Norwich – New London Metro Area 2022 2021 2020 2019 2018  
Stamford – Norwalk Metro Area 2022 2021 2020 2019    
  CT Housing Map            
               
               

Florida            

Orlando - Kissimmee - Sanford

2022 2021 2020      
Palm Bay - Melbourne - Titusville 2022 2021 2020      
               
               
             
  Indiana            
Indianapolis – Carmel – Anderson Metro Area 2022 2021 2020 2019 2018 2017
IN Housing Map            
               
               
  Massachusetts            
Boston – Cambridge – Newton Metro Area 2022 2021 2020 2019    
MA Housing Map            
               
             
  Missouri            
St Louis Metro Area 2022 2021 2020 2019 2018  
Kansas City Metro Area 2022 2021 2020 2019    
               
               
             
  Ohio            
Columbus Metro Area 2022 2021 2020 2019 2018 2017
Toledo Metro Area 2022 2021 2020 2019 2018 2017
             
             
             
  South Carolina            
  Augusta - Richmond County 2022 2021        
               
                 
 


  Requirements for Compliance Reporting
     
  ANNUAL REPORT / ALL PROPERTIES BI-MONTHLY REPORTING
 

Period ending 12/31/22 reports are due on or before 01/31/23. Reports are not accepted prior to the period end date of 12/31/22. Submit your report timely to avoid penalties.

- REQURED FORMS CHECKLIST: Click Here

- OPTIONS TO SUBMIT YOUR REPORT

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

Report Period: Refer to your Notice of Non-Compliance if Monthly or Bi-Monthly
Due Date: The 7th of the following month after report period end date.
Required Forms: SEE CHECKLIST HERE

- OPTIONS TO SUBMIT YOUR REPORT

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

 

     
  ANNNUAL MONITORING FEES SITE REVIEWS (2022/2023)
 


Due by 01/15/2023. Submit your payment timely to avoid penalties. 

You can send your payment to PRC at:

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


A Site Review is scheduled for your property if your LURA requires (10 or more set aside units).

Site Review Checklist Here

     
 

AHDP FORMS

     
  ANNUAL REPORT - REQUIRED FORMS QUALIFIED UNITS - REQUIRED FORMS
 


You are required to use the FDIC Program forms for all reporting as posted below. 

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

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

     
  Sample Forms Tools
 

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

Income Calculations Worksheet
WeTransfer: https://phxrevcorp.wetransfer.com/



 

AHDP / FDIC TRAININGS
 

Training is available for all property owners and managers. There is no fee for training. Training is NOT available from 12/22/22 through 01/06/2023. Trainings run typically 1 - 1 1/2 hours long. Multiple people can join the trainings.

Click Here to request a training Here



 

EXTENSIONS
 

This option is no longer available for any property report (Annual, Bi-monthly and Monthly) or for submitting the payment for the Annual monitoring fees. Submit timely to avoid penalties or further compliance actions.



  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 & FDIC-AHDP Compliance Monitor
Patricia Blaisdell / FDIC-AHDP Compliance Monitor
Sonia Tilton / FDIC-AHDP Program Coordinator
Monica Moraga / FDICE-AHDP Program Assistant
Irene Corrales / FDICE-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.