Transcript 2013 Nebraska Affordable Housing Program (NAHP

Homeowner
Homebuyer
Operating
Rental
1




$5,500,000 (including NAHTF & HOME funds) will be
available within DED’s Annual Cycle.
Includes $360,000 for the Non-Profit Operating Assistance
applications & $5,140,000 for other applications
After the highest scoring project in each investment zone has
been designated, the remaining funds will be available
statewide.
Any funds not utilized for Non-Profit Operating Assistance
will be reallocated within Annual Cycle Pool.
2




Homebuyer (downpayment, downpayment w/
rehab., purchase-rehab-resale, new construction,
etc.) and others are listed on pg. 2-5
Operating
CDBG: Owner-Occupied Rehab.
Rental (new construction, acquisition and/or
rehab.)
3
2013 Application Guidelines
http://www.neded.org/community/community
-info/documentslibrary-a-forms/trust-fund
4
Annual Cycle
Required Pre- Application: March 8, 2013
Homebuyer, Operating, Rental Full Applications: April
30, 2013
CDBG OOR
Required Pre- Application: May 31, 2013
Owner-Occupied Rehab Full Applications: July 19, 2013
5
Pre-Application & Threshold Deadline:
Emailed to Anissa Rasmussen ([email protected])
or delivered to the Nebraska State Office Building, 4th Floor, with a
signed receipt from DED staff by 5:00 PM CST. Postmark date
will not be accepted.
Full Application Deadline:
Application must be postmarked by, or delivered to the Nebraska
State Office Building, 4th Floor, with a signed receipt from DED
staff by 5:00 PM CST.
6
I. Demonstrates Desired Results
a)
Pre-Application
b)
Threshold Questions
c)
Program Guidelines and Reuse Plan
d)
Program Guidelines Additional Points
II. Probability of Producing Desired Results
a)
Capacity & Feasibility
7
I. Demonstrates Desired Results
a)
Pre-Application
b)
Threshold Questions
c)
Program Guidelines and Reuse Plan
d)
Program Guidelines Additional Points
II. Probability of Producing Desired Results
a)
Capacity & Feasibility
III. Community Need Factors
a)
CNF Score
8
I. Demonstrates Desired Results
a)
Pre-Application
b)
Threshold Questions
II. Probability of Producing Desired Results
a)
Capacity & Feasibility
9

The Pre-Application includes:
 Part
I, General Information
 Part II, Funding Summary
 Part III , Proposed Project Budget
 One-page project summary
10
11
12
13
14
15
16


Failure of the Application to meet all of the
threshold requirements (Scoring 55 points within
the Pre-Application & Threshold Questions
Sections) will result in the Application not being
funded during the 2013 NAHP Cycles.
In addition, within the Annual & CDBG Cycles
failure of the Applicant to score 130 total points
on the final application will result in the
Application not being funded during the 2013
NAHP Cycles.
17


Additionally, within the Non-Profit
Operating Pool, failure of the Applicant to
score 50% of the total points on the final
application will result in the Application not
being funded during the 2013 NAHP Cycle.
The Application questions are locked.
Altering the questions in any way, may result
in a 20 point scoring deduction.
18


Demolition can be included with any eligible
activity and it doesn’t have to be on the
same site with the other activity.
For CDBG OOR projects, ONLY local units of
government classified as a municipality (i.e.
City or Village) are eligible to apply. No
county wide project.
19
 Homebuyer
is $500,000
 Non-Profit Operating is $30,000 per year
for two years ($60,000 total)
 OOR is $500,000
 CDBG OOR is $500,000
 Rental is $800,000
20
21
Pre-Application Question
I. Demonstrates Desired Results
a) Pre-Application
1. Was the Pre-Application (including Part I, Part
II, Part III, and One Page Project Summary)
submitted to DED by the required due date?
Yes
5 pts
No
0 pts
22
b) Threshold Questions
2. Is the Applicant an eligible applicant as defined on Page 4-1
which includes: Local or regional non-profit 501(c)(3) or
501(c)(4) housing or related service organizations; Local
units of government; Public Housing Authorities; Statedesignated Community Housing Development Organizations
(CHDO)?
3. Applicant has achieved the required percentages by the
application due date, of State CDBG funds drawn down for
prior State CDBG projects. All CDBG awards will be reviewed
including those within the housing program (this
requirement excludes Comprehensive Revitalization,
Downtown Revitalization, Economic Development, Planning,
and Tourism Development).
CDBG 2011 Award Drawn Down
90%
CDBG 2010 & Prior Award Drawn Down 100%
The percentage for funds drawn down shall be figured by DED
based on the final application acceptance date, except for
applicants awarded funds after the initial award date in which
funds drawn down shall be based on the proportionate number
of months that have lapsed since the initial grant award.
(Exhibit 101)
Yes
10 pts
No
0 pts
Yes
10 pts
No
0 pts
NA
10 pts
23
4. Applicant has achieved the required percentages, by the
application due date, of State HOME and NAHTF funds drawn
down for prior NAHP-funded Housing projects for the same
activity applied for during the 2013 Application Cycle.
Yes
10 pts
No
0 pts
NA
10 pts
No
0 pts
NA
10 pts
Open HOME and NAHTF Awards: All projects, for the
same activity applied for, that have been open for more
than 18 months since Release of Funds must have
expended 50% of the funds.
2008 & Prior HOME and NAHTF Awards 100% drawn
down
(Exhibit 101)
5. Applicant has achieved the required percentages, by the
Yes
application due date, of State HOME and NAHTF funds drawn 10 pts
down for any prior NAHP-funded Housing project for a
different housing activity.
Open HOME and NAHTF Awards: All projects, for
different housing activities, that have been open for more
than 18 months since Release of Funds must have
expended 25% of the funds.
2008 & Prior HOME and NAHTF Awards 100% drawn
down.
(Exhibit 101)
24
6. Was the full application (including all required exhibits Yes
and attachments) submitted to DED by the required due 10 pts
date?
TOTAL POINTS POSSIBLE (Pre-Application and Threshold
Questions) – 55 points
No
0 pts
*Failure of the Application to meet all of the threshold
requirements (Pre-Application & Threshold Questions) will
result in the Application not being funded during the 2013
NAHP Cycle.
C) Program Guidelines and Reuse Plan
Note: Each program guideline and reuse plan item has
a point associated with it. Please cite the page # and
each item. The Program Guidelines meeting all
requirements and are board approved also have points
associated with it in Chapters of which this applies. (Ex.
Pg. 4-15)
25
d) Program Guidelines Additional Points
Additional information within the Applicant’s Program Guidelines may
include the following information. Additional Points will only be awarded if
the Applicant makes the terms available to all low income applicants
applying for the Applicant’s program and incorporates any of the items below
selected for the project into the Applicant’s Program Guidelines.
Please list the page number and paragraph location on the far right column
to identify where all sections below are located.
Page # &
10. The following additional requirements are included: Yes
No
Section
Cite Below
a) Forgivable loans to all eligible applicants. [Specify the Yes
No
10 pts 0 pts
terms in which the loans will be forgiven. Include the
period in which loans will be forgiven and any
additional requirements.]
b) Underwriting criteria that provides for no more than
30% of homebuyer’s income used to pay for the cost of 10 pts 0 pts
their housing.
26
d) Cont. Program Guidelines Additional Points
27
II. Probability of Producing Desired Results
b) Capacity & Feasibility
12.
Does the proposed project provide a solution to a
community need or priority?
a) The answer should be specific to the type of project
proposed.
b) Describe how the need was determined for the
community and/or region.
c) Describe the clearly defined, systematic, and inclusive
public participation process, and the extent of public
involvement, used to identify and address community
needs and allocate resources.
d) Statistical data should be cited to support the proposed
project.
e) Any independent source identified must be cited and
included in the application.
(Exhibit 102)
13. Describe the degree to which the proposed project
accomplishments will reduce or eliminate the need(s) in the
project area and describe any plans to address remaining
need(s).
Yes
10 pts
No
0 pts
Yes
10 pts
No
0 pts
28
15.
Is the project located within close proximity to significant
employment opportunities?
Yes
10 pts
No
0 pts
Is there an actual financial commitment of matching funds in Yes
the project?
___ pts
This commitment will be defined as “Other Funds” in the Part
II Funding Summary and will be included in the
Contract. These funds must be committed at the time of
application. NOTE: Matching funds do not include mortgages
that may be obtained by the low income applicants or any
investment required of, or received from the low income
applicant.
No
0 pts
a) List the top five (5) major employers within 50 miles of the
units.
b) List the number of employees per employer.
c) Provide an overall summary that describes the employment
opportunities available in the project area.
19.
10% or greater of total project costs—15 points
5-9.99% of total project costs—10 points
3-4.99% of total project costs—5 points
Less than 3% of total project cost—0 points
(Exhibit 104)
29
20.
Are there any additional matching contributions that
will be incorporated into the project?
Yes
___ pts
No
0 pts
Significant
collaboration
with firm
commitment
10 pts
Significant
collaboration
with no firm
commitment
5 pts
This commitment would not be defined as “Other
Funds” in the Part II Funding Summary, but could
include in-kind contributions (i.e. donations, office
supplies, staff hours, volunteer hours, equipment) and
will not be included in the Contract. A description of
these activities must be tentatively committed at the
time of application and should be quantifiable in a
dollar amount.
3% or greater of total project costs—10 points
1-2.99% of total project costs—5 points
Less than 1% of total project cost—0 points
(Exhibit 104)
22.
Will the project be completed with significant
collaboration with other organizations?
a) Identify the other organizations involved in the
project. Describe each organizations role in making
the project a success.
b) Provide commitment letters from those
organizations that will be participating in the
project development.
c) Provide letters of interest from those organizations
that may participate in the project development.
(Exhibit 106)
No
0
pts
30
27.
Has the Applicant obtained a Management Letter and
provided a response to the Management Letter from the
Applicant’s most recent audit?
Submit copies of the Management Letter and the response to
the Management Letter from your most recent annual CPA
Audit.
Yes
5 pts
No
0 pts
(Exhibit 107)
31
Chapter 6 OOR & Chapter 7 CDBG OOR
II. Probability of Producing Desired Results
b) Capacity & Feasibility
28. Has the Applicant identified potential contractors for
the project?
Yes
9 pts
No
0 pts
a) Provide a list of those contractors identified within
the area that may be available.
b) Provide letters of commitment from interested
contractors.
c) Provide letters of interest from interested
contractors.
(Exhibit 108)
32
Budget Calculator for OOR projects
33
Chapter 7 CDBG OOR
III. Community Need Factors
a) CNF Score
34
Additional Exhibits
•
If applicable to Part V., please include the following exhibits noted below. Clearly identify each exhibit
number in the top right and bottom right of each page of the exhibit.
•
EXHIBIT 101: Open grants information spreadsheet at:
http://www.neded.org/community/community-info/documentslibrary-a-forms/trust-fund
•
Exhibit 102: Proposed activity documentation (Include supplemental information in answering
Question 12 of the Application.)
•
Exhibit 103: Breakdown of project costs (Include detailed supplemental information in answering
Question 16 of the Application.)
•
Exhibit 104: Financial commitment documentation, if applicable. (Include supplemental information
describing Actual Financial Commitments and Additional Matching Contributions as noted in
Questions 19 and 20 of the Application.)
•
Exhibit 105: Include copies of the Bank Line of Credit or the Bank Letter of Credit, if applicable.
(Include supplemental information in answering Question 21 of the Application.)
•
Exhibit 106: Collaboration documentation, if applicable. (Include supplemental information in
answering Question 22 of the Application.)
•
Exhibit 107: Audit documentation, if applicable. (Include supplemental information in answering
Question 27 of the Application.)
35
36