(a) The following are violations of OAHTC
Program policies and procedures and these OAHTC Program Rules:
(1) The filing of false information in an
Application and/or a Development report;
(2) Failure of an Applicant or Owner, as the
case may be, to satisfy any of the requirements of the Code, applicable State
or federal statutes, rules or regulations, these OAHTC Program Rules, or any
requirements contained in the AP, or any Commitments made in the Application
upon which the award of a TCA was based;
(3) Breach of any of the terms, conditions,
obligations, covenants, warranties, or representations of the Owner or
Applicant contained in the Regulatory Agreement and/or the Carryover Allocation
Agreement or the breach of any terms conditions, obligations or requirements
set forth in any Resolution of the Trustees pertaining to the Applicant/Owner
or the Development;
(4) Notice by
OHFA to the Owner that significant corrective actions are necessary to protect
the integrity of the Development and that such corrective actions have not
been, or cannot be, effected within a reasonable time, in the judgment of OHFA
staff;
(5) An administrative or
judicial determination that the Applicant or Owner has committed fraud, waste,
or mismanagement in any current or prior State or federally funded
project;
(6) The housing of a
person(s) convicted of a felony or engaged in any illegal or criminal
activities as set forth in this subsection, if the Owner, or managers of the
Development, or any of their Affiliates, have knowledge of or about, or by
reasonable inquiry should have known of same. The prohibition on housing shall
apply to any person who:
(A) is currently
engaged in, has been convicted of using, distributing, or manufacturing
methamphetamine. Housing of such person shall be prohibited for a period of ten
(10) years from the date of the conviction, or end of the incarceration,
whichever is most recent.
(B) is
currently engaged in, has been convicted of Violent Criminal Activity or Drug
Related Criminal Activity. Housing of such person shall be prohibited for a
period of three (3) years from the date of the conviction, or end of the
incarceration, whichever is most recent.
(C) has been convicted of any other felonious
activities other than Drug Related Criminal Activity or Violent Criminal
Activity. Housing of such person shall be prohibited for a period of three (3)
years from the date of the conviction or end of the incarceration, whichever is
most recent.
(D) is subject to a
lifetime registration requirement under a Federal or State sex offender
registration program.
(E) is a sex
offender, not subject to lifetime registration. Housing of such person shall be
prohibited for a period of ten (10) years from the date of the arrest,
conviction, or end of incarceration (whichever is later) or the period of
required registration as a sex offender, whichever is greater.
(7) The prohibition on the housing
of a convicted felon shall not apply to qualified tenants of Transitional
Housing or Permanent Supportive Housing, except that the housing of a person in
any Transitional Housing or Permanent Supportive Housing shall be prohibited if
said person:
(A) is subject to a lifetime
registration requirement under a Federal or State sex offender registration
program, or
(B) is currently
engaged in or has been convicted of a violent felony in the last three (3)
years.
(8) From and
after the date of the filing of the Application, failure to notify OHFA of any
material changes effecting the proposed Development, including, but not limited
to, modifications to any representations contained in the Application, any
amendments or modifications of the financing plan, syndicators or equity
partners or any other Threshold requirement and/or changes in Development Team
Members, contractors, property managers, etc. Notification must be filed with
OHFA not less than sixty (60) calendar days prior to the proposed change.
Approval by the Trustees is required for any changes or amendments involving
the ownership or Control of the Development or the Owner after the Application
is filed. This would include, but not be limited to, changes or Transfers of
the Development, changes or modifications of the ownership or composition of
the general partner entity (i.e. addition or removal of members, partners,
stockholders, etc.), any addition, substitution, withdrawal or removal of any
general partner. Other amendments may be handled administratively by staff,
although staff reserves the right to refer any amendments to the Trustees for
their consideration; or
(9) Failure
to submit reports including but not limited to the timely filing of progress
reports, updates, compliance reports, etc., and failure to provide OHFA with
any additional information requested by OHFA within the period set forth in any
request for information. Failure to pay fees when due. If payment is returned
for insufficient funds, it will be deemed nonpayment and the amount to defray
bank costs will be due.
(10) Little
or no progress has been achieved with previous Tax Credit Reservations approved
for the Applicant or Developer or any of the Principals of either. This would
include, but not be limited to: failure to meet the minimum Carryover
Allocation requirements resulting in the return of Credits; failure to have all
Buildings Placed-In-Service no later than the close of the second calendar year
following the calendar year in which the Allocation is made; or involvement of
a foreclosure or deed-in-lieu of foreclosure within the past seven (7)
years.