- Name of Partner / Subrecipient: Puerto Rico Housing Financing Authority (AFV)
- Assignment: DR
- Program / Division: CDBG-DR Gap to Low Income Housing Tax Credit Program (LIHTC)
- DUNS No.: 090591801
- Execution Date: 11/29/2018
- End Date: 11/29/2021
- Total Amount: $100,000,000.00
- Brief Description: The Puerto Rico Housing Department (PRDOH) has a Memorandum of Understanding (MOU) with AFV for Program design services, including ongoing updates and/or modifications to program design and/or program policy for CDBG-DR Gap to Low Income Housing Tax Program.
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AMENDMENTS
- Execution Date: 12/20/2023
- End Date: 11/29/2025
- Total Amount: $142,500,000.00
- CDBG-DR Funds: $142,500,000.00
- Brief Description: In this Amendment F, the Parties have agreed to replace and modified the Exhibit B, Exhibit C and Exhibit D to increase the budget assigned to the actual operating needs of the LIHTC Program. The total Contract budget will be increased by $142,500,000.00. Therefore, the total budget for the Contract is $1,406,609,756.00.
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- Execution Date: 09/18/2023
- End Date: 11/29/2025
- Total Amount: $60,000,000.00
- CDBG-DR Funds: $60,000,000.00
- Brief Description: The Parties have agreed to amend Exhibit D (Budget) to increase the budget assigned to the Project Development Costs-Set Aside (PRPHA) cost line item with an additional commitment of CDBG-DR funds of $60,000,000.00.
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- Execution Date: 04/21/2023
- End Date: 11/29/2025
- Total Amount: $251,109,756.00
- CDBG-DR Funds: $251,109,756.00
- Brief Description: This amendment D serves the purpose of modifying and amending certain terms and conditions, including increase the budget and an extension of the period of performance of the Agreement.
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- Execution Date: 12/15/2021
- End Date: 11/29/2023
- Total Amount: N/A
- CDBG-DR Funds: N/A
- Brief Description: This amendment is a modification and amendment of certain terms and conditions under the Agreement, including any modified Exhibits.
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- Execution Date: 09/30/2021
- End Date: 11/29/2023
- Total Amount: $853,000,000.00
- CDBG-DR Funds: $853,000,000.00
- Brief Description: This amendment is to increase the budget to the Low Income Housing Tax Credits Program.
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- Execution Date: 09/18/2019
- End Date: 11/29/2021
- Total Amount: $100,000,000.00
- CDBG-DR Funds: $100,000,000.00
- Brief Description: The Amendment serves the purpose of amending Exhibits B, C, and D, and adding Exhibit E, among other regulatory amendments.
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