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City of Salinas FY14-15 Request For Proposal (RFP) Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME) Emergency Solutions Grant (ESG)

City of Salinas Economic Development Element (EDE)

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City of Salinas FY14-15 Request For Proposal (RFP)

Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME)

Emergency Solutions Grant (ESG)

WELCOME

Introduction HUD Update: how much funding in FY14/15?

CELEBRATE YOUR HARD WORK!!!

MAY 2014: SALINAS VALLEY CITIES WILL CELEBRATE “NATIONAL COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING WEEK”

PG & E Grant for expenses, MST providing tour buses to visit projects and programs

See flyer about possibilities

WELCOME

Logistics Staff Introductions

Attendee Introductions

OTHER RESOURCES

https://www.onecpd.info

www.hudhre.info

www.ci.salinas.ca.us

www.citydataservices.net

ecfr.gpoaccess.gov

AGENDA 9:00am – 10:45am - Welcome, Introductions - RFP Process, Key Dates - CDBG Basics/Eligibility - CDS Application Parts 1 to 8 - CDS Application Part 9, 1 to 8 Public Service, Questions - CDS Application Part 9, 1 to 8 CIPs, Questions - CDS Application Part 9, Rental Housing Rehab - CDS Application Part 9, Owner Housing Rehab - Section3 / Lead Based Paint/ Uniform Relocation Act - Economic Development Element of City General Plan, - CDBG Economic Development - ESG Basics - CDS Application Part 11, 1 to 7, ESG, Questions - After the Award: Agreement, Reporting

AGENDA 9:00am – 10:45am…. - CDBG Economic Development - ESG Basics - CDS Application Part 11, 1 to 7, ESG, Questions - After the Award: Agreement, Reporting 11:00 am – 11:15am -Break 11:15 am – 12:00pm - HOME Basics and Changes in HOME Regs - Application Part 10, 1 to 27 Housing - Questions

KEY DATES

Proposals Due – Thursday, January 23, 2014

at 4:00 p.m

City Council Subcommittee Meetings City Council Public Hearing/Approve Action

Plan - May 6, 2014

RFP INSTRUCTIONS

Three HUD Programs

CDBG

ESG

HOME

RFP PROCESS

Application Review Process

Staff Review

City Council Subcommittees Review

Public Hearing

Application for CDBG Funding Nearly Identical to City of Salinas Use City Data Services to Apply Online County RFP Workshop: 10AM, December 16 (not mandatory) Applications Due Same Date:

JANUARY 23, 2014

COORDINATION WITH PROCESS OF MONTEREY COUNTY

CDBG ELIGIBILITY

Selecting Activities that Comply

[24 CFR 570.201 to 570.207]

Meeting a National Objective

[24 CFR 570.208]

CDBG ELIGIBILITY [24 CFR 570.201 to 570.203]

Eligible Activities: Acquisition and disposition of

real property; clearance or demolition;

homeownership assistance; rehabilitation activities;

public facilities and improvements; public services;

special economic development activities and micro-

enterprise assistance.

CDBG ELIGIBILITY [24 CFR 570.207]

Ineligible Activities: Assistance for buildings used

for the general conduct of government; local

government expenses; political activities; new

housing construction; income payments; and

activities not primarily benefiting lower income

Salinas households.

CDBG ELIGIBILITY [24 CFR 570.208]

Meeting a National Objective 1. Benefiting low-and moderate-(L/M) income persons;

a) Area Benefit b) Limited Clientele c) Housing d) Jobs

2. Addressing slums or blight; or 3. Meeting an urgent community development need

CDBG ELIGIBILITY Area Benefits vs. Limited Clientele

a) Area Benefit: An activity that benefits all residents in a particular area, where at least 51 percent of the residents are low and moderate-income persons. Records to be maintained:

1) Boundaries of the service area 2) Data showing the percent of low and moderate-income persons residing in the service area

CDBG ELIGIBILITY Area Benefit Service Area Map Example

CDBG ELIGIBILITY [24 CFR 570.208]

Meeting a National Objective 1. Benefiting low-and moderate-(L/M) income persons;

a) Area Benefit b) Limited Clientele c) Housing d) Jobs

2. Addressing slums or blight; or 3. Meeting an urgent community development need

CDBG ELIGIBILITY Area Benefits vs. Limited Clientele

i. Limited Clientele: An activity that serves a limited group, where at least 51 percent are low and moderate- income. Income levels must be documented.

A. Presumed Benefit -Abused children -Battered spouses -Elderly persons -Disabled adults -Homeless persons -Illiterate adults -Persons living with AIDS -Migrant farm workers

B. Client Document Review C. Income Certification

CDBG ELIGIBILITY Limited Clientele

Records to be maintained:

1) Designed for and used by a segment of the presumed population

2) Nature and location of the activity establishes that it will primarily benefit L/M income persons

3) Data showing the size and annual income of the family of each person receiving the benefit

CDBG ELIGIBILITY Area Benefits vs. Limited Clientele

ii. Limited Clientele: An activity that serves to remove material or architectural barriers to the mobility or accessibility of elderly persons or of adults meeting the definition of severely disabled.

iii. Limited Clientele: Microenterprise assistance activity to benefit new and existing microenterprises (five or fewer employees, including owner who is L/M.

iv. Limited Clientele: A job training and placement and/or other employment support services activity.

CDBG ELIGIBILITY [24 CFR 570.208]

Meeting a National Objective Benefiting low-and moderate-(L/M) income persons;

• Area Benefit • Limited Clientele • Housing • Jobs

Addressing slums or blight; or Meeting an urgent community development need

CDBG ELIGIBILITY Housing Activity: An eligible activity carried out for the purpose of providing or improving permanent residential structures which, upon completion, will be occupied by low- and moderate-income households.

Records to be maintained:

1) Written agreement with # of units to be occupied by L/M

2) Total cost of project, both CDBG and non-CDBG

3) For each unit occupied by L/M persons, size of household, ethnicity, and income

CDBG ELIGIBILITY [24 CFR 570.208]

Meeting a National Objective Benefiting low-and moderate-(L/M) income persons;

• Area Benefit • Limited Clientele • Housing • Jobs

Addressing slums or blight; or Meeting an urgent community development need

CDBG ELIGIBILITY Job Creation / Retention: designed to create or retain permanent jobs where at least 51 percent of that, computed on a full-time equivalent (FTE) basis, involve the employment of low- and moderate-income persons.

Records to be maintained:

1) Written agreement, containing commitment by the business that it will make at least 51 percent of the FTE jobs available to L/M persons 2) Listing by job title of the permanent jobs filled, and which jobs were available to L/M persons,

APPLICATION CDS ONLINE SYSTEM

www.citydataservices.net

New users – login & password: SAL2014

Existing users must use their current login

and password

SECTION 3 ACT [24 CFR Part 135]

Section 3 of Housing & Urban Development Act of 1968

What is Section 3? Requires to the greatest extent feasible, HUD funds for housing construction, rehab. or other public construction Job training

Employment

Contracting opportunities

Section 3 Residents & Section 3 Business Concerns

SECTION 3 ACT Who is a Section 3 Resident?

Public Housing resident

Low-income(80%) or a very-low income(50%) person

Who is a Section 3 Business Concern?

51% or more owned by Section 3 residents

At least 30% of its full-time staff are Section 3 residents

Subcontract to Section 3 Business, 25% or +

Section 3 Applicability/Funding Thresholds:

Awards of $200,000 more

Contracts/Subcontracts of $100,000 +

SECTION 3 ACT Section 3 Trigger:

When new jobs and/or contracting opportunities are

created during the completion of the covered activity

Section 3 Numerical Goals (minimum/annual):

Employment: 30% of aggregate number of new hires

Contracting:

10% of total dollar amount of all Sec. 3 contracts

awarded to Sec. 3 businesses

3% of total dollar amount of all non-construction

covered contracts awarded to Sec. 3 businesses

SECTION 3 Covered Projects

Wesley Oaks Subdivision -single-family rental units -over $100,000 of HOME funds

East Salinas Street Lights Phase 12 & E. Market Street Roadway Improvements -over $100,000 of CDBG funds

LEAD-BASED PAINT [24 CFR Part 35] Subpart J - Rehabilitation

Housing Constructed prior to 1978

Notification/Disclosure

Lead Hazard Information pamphlet

Notice of Lead Hazard Evaluation or Presumption

Clearance Test

Notice of Lead Hazard Reduction Activity

UNIFORM RELOCATION ACT (URA) [24 CFR 886.138] N/A To Owner Occupied Units Minimizing displacement - owners shall assure that they

have taken all reasonable steps to minimize the displacement of persons as a result of a project assisted;

Temporary Relocation to include the following: Reimbursement for all reasonable out-of-pocket expenses

incurred in connection with the temporary relocation, including the cost of moving to and from the temporary housing and any increase in monthly rent/utility costs; and

Appropriate advisory services, including reasonable advance written notice of:

The date and approximate duration of the temporary relocation;

The location of the suitable, decent, safe, and sanitary dwelling to be made available for the temporary period.

Relocation costs can become a financial burden on projects without a proper Relocation Plan in place.

LANGUAGE ASSISTANCE PLAN

Ensures access to government-funded programs for persons of Limited English Proficiency (LEPs)

CDBG Agreement recommends subrecipients maintain Language Assistance Plan (LAP)

City has prepared sample LAP template

LANGUAGE ASSISTANCE PLAN

Census data for Salinas: LEP languages are Spanish and Tagalog

Agencies should add languages according according to their own experience with clients

Translations/Interpretations not intended to be financial burden to Agency

ECONOMIC DEVELOPMENT ELEMENT OF GENERAL PLAN

Process underway to ensure land use and City policies updated to facilitate economic development

Input by CDBG staff, agencies and public to help synch up anti-poverty, Con Plan and Continuum of Care strategies

Draft in February 2014

City of Salinas Economic Development Element (EDE)

Focus Areas of EDE Process - Vision

Vision for Economic Prosperity

City of Salinas Economic Development Element (EDE)

Where We Have Been

2013 June August October November February 2014

Step 1 Step 2 Step 3 Step 4

Team kick-off and Market Assessment

Community Outreach Economic Development Site

Assessment, Strategies, and Visioning

Prepare Administrative Draft EDE

Draft EDE for Public Review

Note: Two other steps are required for the City Council to adopt the Draft Element – Public Hearings with the City Boards and Commissions and with the City Council. These steps are estimated to occur in March and April of 2014.

Four Step Approach Today

City of Salinas Economic Development Element (EDE)

Where We Have Been

Community Conversation to Date (Community Outreach Program) • SPARC started the Community conversation about economic prosperity in Salinas

several years ago. • The City, SPARC, COPA, BHC and Resource Group are carrying the conversation forward

to a strategy and policy plan with a grassroots, community wide outreach program, in English and Spanish

• Focused Stakeholder Group and Individual interviews: 14 held August 28-29 (with approximately 70+ people in attendance); additional 7 groups interviewed since then, more scheduled (e.g. Hartnell, SVMHS, CHISPA, CSUMB, etc)

• Presentations to Community Organizations (ie SUBA, OSA, Chamber of Commerce, etc) • Resource Group meeting #1 : August 28th – Identifying Opportunity Sites (Held in South

Salinas) • Resource Group Meeting #2 : September 23rd Refining Opportunity Sites (Held in East

Salinas) • Ciclovia: October 6: EDE Activity Booth sponsored by Building Healthy

Communities

City of Salinas Economic Development Element (EDE)

Where We Have Been

Community Conversation to Date (Community Outreach Program) • Public Workshop: October 16th Community Priorities: Issues and Strategies for Citywide

Prosperity (Held in Central Salinas) • Targeted Outreach: Led by COPA October 7 through December 11 • Resource Group Meeting #4 – December 11, 2013 (To be held in North Salinas) • Ensured consistency with City Economic Development branding, logo, taglines • Conducted media orientation to ED Element with local and regional media outlets • Developed and Disbursed multiple-page fact sheets, and invitations to events • Maintained website presence on salinasinbusiness.com and city website • Created and maintained stakeholder distribution data base with over 450 contacts • Launched Constant Contact email event invite to distribution list • Developed, disbursed and currently collecting ED Element questionnaires/surveys

City of Salinas Economic Development Element (EDE)

Where Have We Been

Preparation of Technical Studies and Research • General Research on ED Elements in Other Communities (Project Team) • Analysis of Existing Studies and Research on ED Data for Salinas and Monterey

County (Project Team) • Target Industry Analysis (ADE) • Retail Development Analysis (ADE) • Site Opportunities and Constraints Analysis (EPS) • Policy Issues and Constraints Analysis (EMC) • Infrastructure and Resource Constraints Analysis (City Public Works. EMC) • Identification and Research on Economic Indicators (ADE, BHC)

City of Salinas Economic Development Element (EDE)

Where We Are Now

Project Deliverables/Outcomes • Economic Opportunity Areas • Preliminary Topic Areas for Goals, Strategies/Policies • Draft ED Indicators

City of Salinas Economic Development Element (EDE)

Economic Opportunity Areas

Where We Are Now

City of Salinas Economic Development Element (EDE)

Workshop Discussion Goal Topics

1. Jobs and Workforce Development 2. Existing and New Businesses 3. Neighborhoods and Commercial Areas 4. Retail, Entertainment, and Tourism 5. Quality of Life

• Youth / Education • Health • Transportation • Crime • etc.

Where We Are Now

City of Salinas Economic Development Element (EDE)

Economic Indicators 1. Crime rate (safety) 2. Unemployment rate 3. Median household income 4. Poverty rate 5. Jobs/housing balance 6. Match between worker skills & jobs

available 7. Educational attainment 8. Academic performance index 9. High school dropout rate 10. Retail sales per capita 11. General fund revenue

per capita 12. Building healthy community

Indicators

City of Salinas Economic Development Element (EDE)

Where We Are Going

• Conduct December 11, 2013 BHC East Salinas Workshop • Continue COPA Civic Engagement House Meetings • Conduct January 16 Resource Group Meeting • Complete Stakeholder Interviews and Presentations • Prepare the Administrative Draft EDE • Present Draft ED Element to the City Council/Planning Commission at a Joint Workshop, Mid/Late February, 2014

NEXT EDE PUBLIC MEETING

December 11 6 PM Cesar Chavez Library Sponsored by Building Healthy

Communities

ECONOMIC DEVELOPMENT ELIGIBLE ACTIVITIES

24 CFR 570.201 (o): Grants, loans, financial support for

establishment, stabilization and expansion of microenterprises

Technical assistance, training, and general support to owners of microenterprises or persons developing microenterprises

SPECIAL ECONOMIC DEVELOPMENT ACTIVITIES

24 CFR 570.203: Acquisition, construction, rehab of

commercial or industrial buildings, structures, or improvements

Assistance to a private for-profit business: grants, loans, technical assistance, and other forms of support

ED Services: e.g. outreach to market assistance, applicant screening, underwriting, agreement preparation

SPECIAL ECONOMIC DEVELOPMENT ACTIVITIES

24 CFR 570.203(c): Screening, referral and placement of

applicants for employment opportunities generated by CDBG-eligible economic development activities, including the costs of providing necessary training for persons filling those positions

ECONOMIC DEVELOPMENT EVALUATION GUIDELINES

24 CFR 570.209: Underwriting guidelines: Project costs are reasonable All sources of project financing are

committed CDBG funds not substituted for non-

federal financial support Project is financially feasible

ECONOMIC DEVELOPMENT EVALUATION GUIDELINES

24 CFR 570.209: Underwriting guidelines: Return on investment not unreasonably

high CDBG funds disbursed on pro rata

share with other project finances Standards for evaluating public benefit

met Job creation/retention standards

ESG OBJECTIVES [24 CFR 576.1] Rehabilitate or convert buildings for use as emergency shelters for the homeless Expenses of operating emergency shelters Provide essential services related to emergency shelters

and street outreach

Homelessness prevention and rapid re-housing assistance

ESG COMPONENTS Administration

Street Outreach

Emergency Shelter

Homelessness Prevention

Rapid Re-housing assistance

Homeless Management Information System (HMIS)

STREET OUTREACH Serves unsheltered homeless people

Essential services include:

Engagement

Case management

Emergency health and mental health services

Transportation

Services for special populations*

SPECIAL POPULATIONS

* Include homeless youth, homeless

persons with HIV/AIDS, and homeless

victims of domestic violence, dating

violence, sexual assault, or stalking.

EMERGENCY SHELTER Serves families and individuals in emergency shelters

Essential services include:

Case management

Child care, education, employment assistance and job

training, life skills training

Legal services

Health, mental health, and substance abuse services

Transportation

Services for Special populations*

EMERGENCY SHELTER

Shelter activities include:

Renovation (including major rehab or conversion)

Operations (e.g., maintenance, rent, utilities, equipment,

insurance, security, furnishings, food, supplies)

HOMELESSNESS PREVENTION Available to persons:

Below 30% of AMI

At risk of becoming homeless

To prevent homelessness

To help regain stability in current housing or other

permanent housing

Activities include:

Housing relocation and stabilization services

Short- and medium-term rental assistance

RAPID RE-HOUSING Available to those that are literally homeless

To assist the homeless to move into permanent housing

and achieve housing stability

Activities include:

Housing relocation and stabilization services

Short- and medium-term rental assistance

RELOCATION AND STABILIZATION Allowable activities under both Homeless Prevention and Rapid Re-housing components: Financial Assistance:

Moving costs

Rent application fees

Security deposit

Last month’s rent

Utility deposit

Utility payments

Services:

Housing search/placement

Housing stability case mgmt

Mediation and legal services

Credit repair/ budgeting/

money management

RENTAL ASSISTANCE Allowable activities under both Homeless Prevention and Rapid Re-housing components: Rental Assistance - Up to 24 months of rental assistance

during any 3-year period, including one-time payment for

up to six months of rent arrears on the tenant’s portion of

the rent.

Short-Term: up to 3 months

Medium-Term: 4 to 24 months

Type: Tenant-based or project-based.

OTHER ESG REQUIREMENTS

Consistency with City’s Consolidated Plan

Dollar-for-dollar match (cash or in-kind)

Performance reporting

HMIS participation

Financial reporting in IDIS

ESG REGULATIONS

Cap on total of City grant to street outreach

and emergency shelter activities combined:

60% of the fiscal year’s total ESG grant award

Cap on City’s administrative expenses: 7.5%

COUNCIL’S ESG FUNDING PARAMETERS

How activity meets demonstrated need

Degree to which activity addresses Council goals

How well leveraged/collaboration

Rapid Re-housing activities highest priority

Agency capacity, prior performance in ESG

Relation of total budget and ESG funding amount

AFTER THE AWARD…. Action Plan submitted to HUD by May 15,

2014 Approval from HUD, dependent on

Congress confirming $$$, usually August-September

Environmental Reviews June-September City Agreements executed Sept-October

AFTER THE AWARD….

Spend $$ on approved project/program when the environmental review is completed

Reimbursement on Quarterly or Monthly basis

Submit reimbursement requests and reports on activities and numbers/types of beneficiaries using CDS.NET

15-MINUTE BREAK

Community Development Block Grant (CDBG) HOME Investment Partnerships Program (HOME)

Emergency Solutions Grant (ESG) FY14-15 RFP

Next Section-HOME

HOME ACTIVITIES

[24 CFR 92.205 to 92.209]

Eligible Activities: New construction or rehabilitation of

housing; conversion of buildings to housing; site

improvements; acquisition of property; demolition and

relocation costs; capitalization of project reserves;

downpayment assistance activities; and project-related soft

costs.

HOME ACTIVITIES [24 CFR 92.214]

Prohibited Activities: Project reserve accounts (except

for initial operating deficit reserves); tenant-based rental

assistance for certain purposes; match for other

programs; development, operations or modernization of

public housing; project-based rental assistance; payment

of delinquent taxes, fees or charges.

2013 HOME REGULATORY CHANGES [24 CFR 92.3] –

Final HOME Rule published on July 24, 2013

Applies to HOME commitments as of August 23, 2013

Various exceptions

Requirements w/delayed implementation Eff. Date Project-Specific CHDO Reservations October 22,2013

(implemented for deadlines on or after 1/1/2015)

Homebuyer Procedures [§92.254 (f)] January 24, 2014 Written Policies, Procedures & Systems [§92.254 (f)] and Financial Oversight [§92.504(d)(2)]

July 24, 2014

5- year CHDO Expenditure Deadline implemented for deadlines on or after 1/1/2015

Property Standards [§92.251] January 24, 2014

GOALS & OBJECTIVES OF RULE Clarify existing regulatory requirements

Establish new requirements

Enhance accountability & performance

Achieve more timely production of housing

Improve monitoring & oversight

Incorporate best practices as required procedures

Address CHDO capacity/performance issues

Achieve alignment with other federal housing programs

KEY CHANGES Program & Project Timeframes

CHDO Reservation

Written Agreements

Subsidy Layering & Underwriting

Written Policies & Procedures

Definition of Project Completion

Property Standards

Oversight of Rental Projects

New & Revised CHDO Roles, capacity requirements

DEFINITION CHANGES

[24 CFR 92.2] –CRITICAL CHANGE

Commitment: HOME funds cannot be committed until:

•All necessary project financing has been secured

•A budget and production schedule established

•Underwriting & subsidy layering analysis completed

•Construction expected to start within 12 months

Project Completion: A project is complete when:

All construction work complete & property standards met

•Final drawdown of HOME funds disbursed

•Project completion entered in IDIS

NEW DEADLINE REQUIREMENTS

[24 CFR 92.205 (e)(2)] –CRITICAL CHANGE

Project Deadlines:

•4 year project completion deadline (from agreement date)

•9 month deadline for sale of homebuyer units

•18 month rental occupancy deadline

5 year CHDO expenditure deadline:

•Project completion entered in IDIS

WRITTEN POLICIES & PROCEDURES

[24 CFR 92.250] –CRITICAL CHANGE

Written Policies & Procedures to Include:

•Project underwriting and subsidy layering (§92.250)

•Homebuyer underwriting [§92.254(f)]

•Risk-based monitoring [§92.504(a)]

•Inspection procedures [§92.504(d)]

•Rehabilitation Standards [§92.251(b)]

INCOME ELIGIBILITY DETERMINATION

[24 CFR 92.203] –CRITICAL CHANGE

Revised to:

•Examine at least 2 months of source documentation

•Count income of ALL adult household members •Use single definition of income for City’s HOME program, or for each rental project. Rule eliminates Census Long Form as allowable

annual income definition

ELIGIBLE COSTS

[24 CFR 92.206 (d) (1)]

Project Pre-development Costs:

•Allows City to reimburse developers for pre-development

soft costs incurred up to 24 months before commitment of

HOME funds Eligible Pre-development Costs include:

•Cost necessary to develop and prepare plans, drawings,

specs or work write-ups, etc.

•Written agreement must permit reimbursement

PROJECT EVALUATION

Establish Guidelines to ensure long-term project sustainability:

•Subsidy layering and underwriting guidelines

•Market Assessment

•Developer capacity and fiscal soundness

•Marketing Plan Applies to Rental and Homebuyer development projects

RENTAL PROJECTS

[24 CFR 92.2 ] –Definitions to HOME rental housing

revised:

Housing, specifically excludes:

•Student housing in any configuration; dormitories,

including those for farm workers

SRO, clarifies: Designation as an SRO cannot be inconsistent with local zoning and building code classifications.

RENTAL ACTIVITIES & COSTS

[24 CFR 92.2 ]

Rule makes changes to:

•Eligible Activities (§92.205)

•Eligible project costs (§92.206)

•Eligible TBRA costs

•Prohibited Activities and fees (§92.214)

Trouble Projects: (§92.210)

SUSTAINABILITY OF RENTAL HOUSING

[24 CFR 92.250 (b) ]

Underwriting & Subsidy Layering required for ALL:

•HOME funds required

•Reasonable profit or return on owner investment

•Financial viability for entire affordability period

•Sources and Uses

•Market demand for project

[24 CFR 92.251 (b)(1) ]

Capital Needs Assessment Required

•Rehab projects of 26 or more total units

OCCUPANCY REQUIREMENTS

[24 CFR 92.252 ]

Rental projects must achieve initial occupancy:

•Within 18 months construction completion

•For units not leased within 6 months, must report on

current marketing efforts and, if appropriate forward

enhanced marketing plan to HUD

•If unit has no initial occupancy within 18 months, must

REPAY HOME funds invested in the unit.

HOME RENTS

[24 CFR 92.252 ]- Rents

Clarifies that: •More than 20% of HOME units can be designated as LOW HOME Rent units •Requires City to annually review and approve rents for each HOME-assisted rental project.

[24 CFR 92.252 ] – HUD Utility Schedule Determine individual utility allowance for each rental: -using HUD Utility Schedule Model, or -determining utility allowance for a project based on specific utilities used at the project. - update annually for each project

INSPECTIONS

[24 CFR 92.504 (d) ]-

Owner Must: •Certify annually units are suitable for occupancy

Development of Inspection Procedures [§92.251 (f)(4)] Required Inspections -At construction completion, within 12 months of completion, and at least 3 every 3 years - Projects with health/safety issues inspected more frequently. 1-4 HOME-assisted units (100% of units inspected) 5+ HOME-assisted units (HUD to provide guidance)

FINANCIAL OVERSIGHT

[24 CFR 92.504 (d) (2) ]- Annual Review of Financial Conditions of Project with 10 more units:

If problems identified: More frequent reporting/monitoring Technical Assistance Assist to identify non-federal funding or another appropriate owner.

HOME INCOME LIMITS HOME-Assisted Unit:

Rent, occupancy and/or resale restrictions

Maximum HOME Investment:

Section 221 (d)(3) limits

HOME Income Limits:

Low (80%) or Very Low-income (50%)

Program Targeting:

Rental Housing-5+units,20% + HOME-units @ 50%

AMI

THIS CONCLUDES OUR

PRESENTATION

THANK YOU! Housing Division Staff:

Alan Stumpf, Jeffrey Weir,

Grace Aston, Anna Velazquez, Vivian McCormick

Joel Alvarez, Jennifer Coile, Francisco Brambila