Download Affordable-Housing-Acronyms

ACRONYMS:
Affordable Housing Development
ACA
Affordable Care Act
ACC
Annual Contribution Contract
ADA
Americans with Disabilities Act
ADU
ADWAS
Accessory Dwelling Unit
Abused & Deaf Women’s’ Advocacy Services
AFR
AHAB
Applicable Federal Rate
Affordable Housing Advisory Board
AHMA
AHP
AHW
Affordable Housing Management Association
Affordable Housing Program
AIDS Housing of Washington
AI
AMI
ARCH
ARRA
Analysis of Impediments to Fair Housing
Choice
Area Median Income
A Regional Coalition for Housing
American Recovery and Reinvestment Act
AWHA
BHA
Association of Washington Housing Authorities
Bellingham Housing Authority
BOP
Energy Star Builders Option Package
BWCHA
CDBG
Bellingham/ Whatcom County Housing
Authority
Contract Administration
Community Action Council of Lewis, Mason,
and Thurston Counties
Central Area Development Association
Council for Affordable and Rural Housing
Catholic Charities Housing Services of the
Diocese of Yakima
Community Development Block Grant
CDC
Community Development Corporation
CDE
Community Development Entity
CDFI
CFPB
CFR
CHAS
Community Development Financial Institution
Consumer Financial Protection Bureau
Code of Federal Regulations
Comprehensive Housing Affordability Strategy
CHDO
CHG
Community Housing Development
Organization
Consolidated Homeless Grants
CHH
CHMHA
Capitol Hill Housing
Community House Mental Health Agency
CHOC
Community Home Ownership Center
CA
CACLMTC
CADA
CARH
CCHS
Revised-January 2015
Beacon Development Group
206-860-2491
United States federal statute representing a significant
regulatory overhaul of the country’s healthcare system
Annual contracts with Public Housing Authorities for
payments toward rent, financing debt service, and
financing for modernization
Federal civil rights law prohibiting discrimination based on
disability
Mother-in-law apartment
Service provider for deaf women fleeing abusive homes
in King County but serving a state wide client group
Rate set by U.S. Treasury for imputing interest
Board appointed by governor to advise on state housing
policy
Trade group of property managers
Financing program of FHLB
Non-profit housing and services providers (Seattle);
changed name to Building Changes
Document HUD requires of block grant recipients that
identifies fair housing barriers in the community
HUD’s income tables adjusted for family size
Funding coalition of East King County Cities
An economic stimulus package enacted in February
2009.
Trade association of Public Housing Authorities
Public housing authority, joint operations with Whatcom
County Housing Authority
Energy efficient appliances package for which funding
may be available from energy providers in a given area
Public Joint housing authority, Sponsor (Bellingham and
Whatcom County)
Management of contracts
Non-profit Sponsor, developer and service provider for
the three county area (Tumwater)
Non-profit Sponsor (Seattle)
Rural Housing Trade Association
Non-profit Sponsor (Yakima; Central WA)
Block grant from HUD to local entitlement communities
and states
A non-profit corporation which is governed by a board
from a specific community whose purpose and funding is
directed to the development of that community.
Entity certified by U.S. Treasury as eligible to receive
allocation of New Markets Tax Credits
Specialty financial institution certified by U.S. Treasury
Listing of U.S. federal regulations
Required HUD document of PJ’s which articulates their
affordable housing needs and plans
A private non-profit corporation meeting specific
requirements outlined in HOME regulations
Combines state homeless resources into a single grant
opportunity to county governments
Non-profit public development authority (Seattle)
Non-profit mental health service provider and Sponsor
(Seattle)
Home ownership resource center
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CHSWW
CIP
CLS
Catholic Housing Services of Western WA
Community Investment Program
Columbia Legal Services
CLT
Community Land Trust
CNA
Capital Needs Assessment
Commerce
Washington State Department of Commerce
CPD
Community, Planning & Development
CRA
Community Reinvestment Act
DASH
DCR
Downtown Action to Save Housing
Debt Coverage Ratio
DDA
Difficult Development Areas
DESC
DPA
DSHS
EHA
EIS
Downtown Emergency Service Center
Down Payment Assistance
Department of Social and Health Services
Eastside Housing Association
Environmental Impact Statement
EIV
Enterprise Income Verification
ESA
Endangered Species Act
ESAP
ESG
ESIC
EZ/ EC/
RC/CEZ
FAF
Emergency Shelter Assistance Program
Emergency Shelter Grant
Enterprise Social Investment Corporation
Empowerment Zone/ Enterprise Community/
Renewal Community/Community
Empowerment Zone
Financial Adjustment Factor
FDIC
FHA
FHFA
Federal Deposit Insurance Corporation
Federal Housing Administration
Federal Housing Finance Agency
FHLB
Federal Home Loan Bank
FMR
Fair Market Rent
FSA
GMA
Financial Security Assurance
Growth Management Act
GNMA
GO
Government National Mortgage Association
(Ginnie Mae)
General Obligation
GSE
Government Sponsored Enterprises
HAC
Housing Assistance Council
HAMP
HAP
HARP
HAWK
HB 2060
Home Affordable Modification Program
Housing Assistance Payment
Home Affordable Refinance Program
Homeowners Armed with Knowledge
House Bill 2060
Revised-January 2015
Beacon Development Group
206-860-2491
Provides a favorably-priced source of wholesale funds
State wide program for providing legal and advocacy
services for low income households and organizations
Land which is purchased as a trust for current and future
owners to maintain its affordability
Report on physical needs for planning for rehab and
reserves
WA State-Department responsible for administering State
level housing programs including the Trust Fund
Division of HUD responsible for CDBG, HOME,
McKinney, HOPWA
Federal law requiring banks to help meet the credit needs
of the local communities in which they are chartered
Non-profit Sponsor (Eastside of King County)
Net Operating Income divided by debt service for
operating proforma
Annually designated areas by HUD which receive tax
credit boost
Non-profit services provider and sponsor (Seattle)
WA State department responsible for funding services
Sponsor (Bellevue)
Study that must be prepared when SEPA process
identifies potentially harmful environmental impacts
Federal database that provides quick, easy access to
resident income information
Federal law protecting endangered and threatened
species
State program funding emergency shelter activities
HUD block grant for shelter services
Investor / Foundation
HUD/RHS designation of geographic area for targeting
special tax incentives to encourage economic
development
Regulator and conservator of Fannie Mae, Freddie Mac,
and the regulator of the 12 Federal Home Loan Banks
HUD’s Office of Housing
provides mortgage insurance on loans made by FHAapproved lenders
Provides targeted grants twice a year to financial
institutions to invest in housing initiatives.
Area rent levels published by HUD and used in
determining Section 8 payment standards
Legislation enacted to control urban sprawl and limit
location and type of growth throughout the State
Common type of bond secured by a government's pledge
to use legally available resources, including tax revenues,
to repay bond holders
Group of financial services corporations created to
enhance the flow of credit to targeted sectors of the
economy
Farm worker and Rural housing Provider trade group and
technical assistance provider
Contract for project-based Section 8 assistance
Bill that authorized supplemental recording fees to fund
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HB 2163
House Bill 2163
HC
HCV
HDC
HEN
Housing Credit
Housing Choice Vouchers
Housing Development Consortium of Seattle/
King County
Homeless Essential Needs
HERA
Housing and Economic Recovery Act of 2008
HFA
HFC
HFU
Housing Finance Agency
Housing Finance Commission
Housing Finance Unit
HHF
HOF
HOME
HOPE VI
HOEPA
Hardest Hit Fund
Housing Opportunity Fund (King County)
HOME Investment Partnership
Homeownership & Opportunity for People
Everywhere VI
Home Ownership and Equity Protection Act
HOPWA
HQS
HSF
Housing Opportunities for People with AIDS
Housing Quality Standards
Home Security Fund
HTF
Housing Trust Fund
HUD
ICDA
Housing and Urban Development
Interim Community Development Association
IDIS
Integrated Disbursement Information System
IERR
Inland Empire Residential Resources
IHBG
iMAX
Indian Housing Block Grant
Integrated Multifamily Access eXchange
IRR
IRS
Internal Rate of Return
Internal Revenue Service
KCHA
KCHFP
LEED
LIHEAP
King County Housing Authority
King County Housing Finance Program
LIHI
Low Income Housing Institute
LIHTC
Low-Income Housing Tax Credit
LISC
Local Initiative Support Corporation
LO COMP
LOC
Loan Officer Compensation
Letter of Credit
MA
Municipal Advisor
local affordable housing efforts and statewide housing
operating subsidy
Bill authorized in 2004 legislation which provides for an
additional $10 per document recording fee which is
dedicated to
Tenant based rental vouchers
Association of nonprofit developers/ sponsors
Formerly Disability Lifeline that helps provides rental
assistance and other essential needs
Through the Federal Housing Administration (FHA)
borrowers in will be able to refinance into more affordable
government-insured mortgages
State bond and tax credit allocating agency, e.g., WSHFC
Same as WSHFC
Division of Washington State Department of Commerce
responsible for Housing Trust Fund
King County’s local funding source for housing
HUD’s housing block grant program
HUD program for revitalization of severely distressed
public housing
Amends the Truth in Lending Act, or TILA,to respond to
abusive lending practices in the home-equity lending
market
HUD program for housing persons living with AIDS
HUD standards for physical condition of rental units
Supports government homeless prevention and housing
assistance programs.
Washington State program through Department of
Commerce for funding housing
U.S. Dept. ofInternational District in Seattle based CDC, housing
developer, operator and service provider
provides HUD with current information regarding the
program activities underway across the Nation
Non-profit sponsor and service provider focused on
households with disabilities (Spokane)
Block grant to TDHEs through NAHASDA
HUD program designed as a replacement for the
TRACSMail subsystem of Tenant Rental Assistant
Certification System
Method investors use of calculating investment return
Agency responsible for tax collection and tax law
enforcement including LIHTC
Public Housing Authority for King County
Funding resource for King County projects
Leadership in Energy and Environmental Design
Standards for green building developed by USGBC
Low Income Home Energy Assistance
Program
Federal program designed to assist low income
households in meeting their immediate home energy
needs
Non-profit sponsor, service provider and consultant in
Western Washington
Federal tax credit to encourage investment in low income
housing; managed by the WSHFC
Nationwide community development support organization
and Investor.
Revised-January 2015
Beacon Development Group
206-860-2491
A letter from a bank guaranteeing that a buyer's payment
to a seller will be received on time and for the correct
amount
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MBS
MCC
Mortgage-Backed Security
Mortgage Credit Certificate
MCDC
MHTA
MID
MIF
MOR
Municipalities Continuing Disclosure
Cooperation Initiative
Mobile Home Tenants Association
Mortgage Interest Deduction
Mortgage Insurance Fund
Management and Occupancy Review
MOU
Memorandum of Understanding
MPC
Mortgage Participation Certificates
MRB
Mortgage Revenue Bonds
MSA
Metropolitan Statistical Area
NAAH
NAHASDA
Native American Affordable Housing
Native American Housing and Self
Determination Act
National Association of Home Builders
NAHB
NDC
National Association of Housing and
Redevelopment Officials
National Development Council
NEF
National Equity Fund
NEPA
National Environmental Protection Act
NHDC
National Housing Development Corporation
NIBP
New Issue Bond Program
NIMBY
“Not In My Back Yard”
NLIHC
NMHC/
NAA
NMTC
National Low Income Housing Coalition
National Multi Housing Council and National
Apartment Association
New Markets Tax Credit
NOFA
NOI
Notice of Funding Availability
Net Operating Income
NSP
Neighborhood Stabilization Program
O&M
OCAF
OCC
OFM
OH
Operation and Maintenance
Operating cost Adjustment Factor
Office of the Comptroller of the Currency
Office of Financial Management
Office of Housing, Seattle
ORFH
POWER
Office of Rural & Farmworker Housing
Parents Organizing for Welfare and Economic
Right
Performance-Based Contract Administration
NAHRO
PBCA
Revised-January 2015
Beacon Development Group
206-860-2491
a certificate issued by governments that allows a taxpayer
to claim a tax credit for some portion of the mortgage
interest paid
Organization of mobile home park associations
pays the lender if the mortgagor defaults
Verifies compliance of the property with the terms of the
Housing Assistance Payments (HAP)
Describing a bilateral or multilateral agreement between
parties
A pass-through security that represents ownership in a
pool of conventional mortgages put together by Freddie
Mac
Tax-exempt bonds that governments issue through HFAs
to help fund below-market-interest-rate mortgages for
first-time qualifying homebuyers
A metropolitan or micropolitan statistical area's
geographic delineation
Federal funding program for Native Housing
Law reforming HUD’s funding of Indian housing
Trade Association mostly of for-profit single-family
homebuilders.
National Trade Association for Public Housing Authorities
and public housing officials
National non-profit provider of technical assistance to
local and state governments
Investor related to LISC and funder of Impact Capital
predevelopment loan funds
National process for assessing environmental impact of
governmental decisions and projects
A not-for-profit corporation that focuses on improving the
quality of life for low-income families by stabilizing and
revitalizing neighborhoods via acquisition and
preservation of the nation’s affordable housing stock.
Provide temporary financing for HFAs to issue new
mortgage revenue bonds.
Term used to refer to neighbors who oppose a housing
project
National organization of local housing advocacy groups
National Trade Association for multi-family builders,
funders and managers.
Federal tax credit to encourage investment in low-income
communities (not housing)
Publication of application for funding by a public source
Rent & other revenue minus operating expenses but not
debt service
HUD program established to purchase and redevelop
foreclosed and abandoned homes and residential
properties
Annual factors used to adjust Section 8 rents.
State office responsible for state budget
Manager of Seattle Levy funding and all Seattle housing
programs
Housing consultant based in Yakima
Administering Project-Based Section 8 HAP contracts
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PCHA
PHA
PHADA
PIS
Pierce County Housing Authority
Public Housing Authorities
PITI
Principal, Interest, Taxes & Insurance
PJ
PMI
Participating Jurisdiction
PPMPDA
PRAC
PSRC
QAP
Pike Place Market Public Development Authority
QCT
Qualified Census Tracts
QHWRA
QM
QRM
RAC
Quality Housing & Work Responsibility Act
Qualified Mortgage
Qualified Residential Mortgage
Reservation and Allocation Contract
RAD
Rental Assistance Demonstration
RCAC
Rural Community Assistance Corporation
RD
Rural Development
REAC
REET
Real Estate Assessment Center
Real Estate Excise Tax
REMIC
Real Estate Mortgage Investment Conduit
REO
RESPA
Real Estate Owned
Real Estate Settlement Procedures Act
RFP
RFQ
Request for Proposals
Request for Qualifications
RHS
SAFE Act
Rural Housing Service
Secure and Fair Enforcement Mortgage
Licensing Act
SAIL
State Apartment Incentive Loan Program
SCIDPDA
SEC
SEED
SEPA
Seattle Chinatown/ International District Public
Development Authority
Securities and Exchange Commission
South East Effective Development
State Environmental Protection Act
SHA
Seattle Housing Authority
SHOP
SHP
Self-Help Homeownership Opportunities
Program
Supportive Housing Program
SHPO
State Historic Preservation Officer
SLIHC
Spokane Low Income Housing Coalition
County wide public housing authority for Pierce County
Local housing authorities
Public Housing Authorities Directors Association
Placed in Service
Private Mortgage Insurance
Project Rental Assistance Contract
Puget Sound Regional Council
Qualified Allocation Plan
Revised-January 2015
Beacon Development Group
206-860-2491
The date when property is in a state of readiness and is
available for a specific use.
Housing costs used in calculating affordability for
homeowners
HOME block grant recipient communities
Insurance to offset losses in the case where a mortgagor
is not able to repay the loan and the lender is not able to
recover its costs.
Non-profit Sponsor (Seattle)
Rent subsidy with Section 202 and 811 projects
Details the selection criteria and application requirements
for housing tax credits and tax-exempt bonds.
Federally determined census tracks (Section 42 of the
Internal Revenue Code) which get a boost in tax credits
Law reforming HUD’s funding of PHAs
Documents which allocated tax credits to individual
projects by the Washington State Housing Finance
Commission
Allows proven financing tools to be applied to at-risk
public and assisted housing
National farm worker and rural developer, technical
assistance provider and consultant
US Department of Agriculture- Provides consultations,
assistance and funding opportunities for, individuals and
businesses located in rural communities.
Tax on purchase price of land and buildings, potential
source of affordable housing revenue
Used for the pooling of mortgage loans and issuance of
mortgage-backed securities
Class of property owned by a lender, usually in workout
Consumer protection statute to help consumers become
better shoppers for settlement services
Competitive process for soliciting proposals
Competitive process for selecting contractors and
consultants without fee proposals
Manage housing programs for US Dept. of Agriculture
Designed to enhance consumer protection and reduce
fraud through the setting of minimum standards for the
licensing and registration of state-licensed mortgage loan
Provides low-interest loans on a competitive basis to
affordable housing developers
Non-profit CDC and Sponsor (Seattle)
Non-profit CDC and Sponsor (Seattle)
State Process for assessing environmental impact of
governmental decisions and projects
Public Housing Authority of Seattle, sponsor and service
provider
HUD program for land/ infrastructure subsidy on self-help
housing
HUD program for homeless housing which provides
service dollars as well as rent subsidy
State contact for State Historic Preservation Office and
liaison with National Historic process
Trade Association for Eastern Washington Housing
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SNAP
Spokane Neighborhood Action Programs
SPAN
SPRAC
SRO
Statewide Poverty Action Network
Senior Project Rental Assistance Contracts
Single Room Occupancy
TA
Technical Assistance
TANF
Temporary Assistance for Needy Families
TBA
TBRA
TCAP
To Be Announced
Tenant Based Rental Assistance
Tax Credit Assistance Program
TCEP
Tax Credit Exchange Program
TCLP
Temporary Credit and Liquidity Program
TDC
Total Development Cost
TDHE
Tribal Designated Housing Entity
TDR
Transfer of Development Rights
THA
Tacoma Housing Authority
THOR
Transitional Housing Operations and Rent
TIF
Tax Increment Financing
TILA
TOD
TRACS
Truth in Lending Act
Transit Oriented Development
Tenant Rental Assistance Certification System
TRID
TU
UA
UPCS
URA
USDA
USDA RD
USGBC
TILA-RESPA Integrated Disclosure
Tenants Union
Utility Allowance
Uniform Physical Condition Standards
Uniform Relocation Assistance & Real Property
Acquisition Act
U.S. Dept. of Agriculture
U.S. Dept. of Agriculture Rural Development
U.S. Green Building Council
VA
Veterans Affairs
VASH
VCFT
VHA
Veterans Affairs Supportive Housing
Value Capture Finance Tool
Vancouver Housing Authority
VOC
Volatile organic compounds
VRDO
Variable Rate Demand Obligation
WCRA
Washington Community Reinvestment Assn.
WFF
Washington Families Fund
Revised-January 2015
Beacon Development Group
206-860-2491
sponsors and advocacy organizations (Spokane)
Non-profit service provider and sponsor (Spokane)
A single room living unit without its own bathroom and/or
kitchen facilities
Project, organization and development assistance
provided by consultants or HUD-funded intermediaries
Federal welfare program, replaced Aid to Families with
Dependent Children (AFDC)
Rent subsidies that a tenant can take from unit to unit
Provides grant funding for capital investment in Low
Income Housing Tax Credit (LIHTC) projects via a
formula-based allocation to State housing credit allocation
agencies
Administered by the Treasury Department and is
designed to help stalled LIHTC programs move forward
Temporary bond purchase and liquidity program designed
to help state and local housing finance agencies
Sum of acquisition, construction and development costs
in a project – hard and soft costs
Entity selected by tribes to receive IHBG under
NAHASDA
A program that allows owners of land in certain areas to
sell development rights to developers in other areas
Public Housing Authority of Tacoma, sponsor and service
provider
State program providing rental assistance to homeless
families
Financing today with anticipated future tax revenue from
the increased value of property improved by the funding
Higher density developments around transit hubs
a computer system created by HUD that enables owners
to electronically submit their monthly tenant certifications
and voucher information to CHFA
Advocacy and service group serving low income tenants
Designed to help tenants cover costs in addition to rent
Regulations that come into effect when households or
businesses are displaced by federally-assisted activities
Housing department of USDA
National land initiator of Green Building standards
Provides patient care and federal benefits to veterans and
their dependents.
VA programs for homeless vets
Public Housing Authority of Vancouver, WA, service
provider and sponsor
Paints and finishes with low amounts of VOC to comply
with sustainable building programs
Debt security which bears interest at a floating (variable)
rate adjusted at specified intervals.
Consortium of private lenders who provide permanent
financing to affordable housing projects
Gates Foundation and publicly-funded source for
homeless family housing services within Washington
State outside of the Pierce/ King/ Snohomish counties
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WIC
Women, Infants, Children
WLIHA
Washington Low Income Housing Alliance
WSHFC
WA State Housing Finance Commission
WSHTF
WA State Housing Trust Fund
WWHA
Walla Walla Housing Authority
Revised-January 2015
Beacon Development Group
206-860-2491
area served by the Sound Families program.
Provides federal grants to states for food, health care and
nutritional education for women, infants and children up to
age five
State advocacy group created by the merger of
Washington Low Income Housing Network (WLIHN) and
Washington Low Income Housing Congress (WLIHC)
State agency that manages the low income housing tax
credit funding process in Washington State.
CTED/ HFU – Principal State of Washington funding
source for developing affordable housing
Public Housing Authority of Walla Walla, sponsor and
service provider
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