Transfer of Limited Partnership Interest

For Housing Credit properties only

According to Section 3 of the Declaration of Land Use Restrictive Covenants, the owner must notify AHFA in writing at least thirty (30) days in advance of any transfer of the entire project or any portion of the project containing low-income units.

The following documentation must be provided to AHFA for approval prior to any transfer of ownership interest:

• Notice of Intent to Transfer Limited Partnership Interest
• Request/Consent of Transfer of Limited Partnership Interest (select applicable forms)
  • Transfer of AHFA Housing Credit Consent for Limited Partnership
  • Transfer of AHFA Housing Credit & HOME Consent for Limited Partnership
  • Transfer of AHFA Housing Credit, HOME, & TCAP Consent for Limited Partnership
• Limited Partner Relevant Experience
• $500 change order fee
• lender approval