2014 Nebraska Affordable Housing Program (NAHP

Download Report

Transcript 2014 Nebraska Affordable Housing Program (NAHP

Homeowner
Homebuyer
Operating
Rental
1


$2,325,000 of NAHTF will be available, which is 30% of the
statutory requirement
Any funds not utilized for Non-Profit Operating Assistance
will be reallocated within Annual Cycle Pool.
2
 Homebuyer
is $500,000
 Non-Profit Operating is $30,000 per year for
two years ($60,000 total)
 OOR is $500,000
 Rental is $800,000
3



Homebuyer (downpayment, downpayment w/
rehab., purchase-rehab-resale, new construction,
etc.) and others are listed on pg. 2-5
Operating
Rental (new construction, acquisition and/or
rehab.)
4
2014 Application Guidelines
http://www.neded.org/community/community
-info/documentslibrary-a-forms/trust-fund
5
Pre-Application:
 Required Pre-Applications: September 30, 2014
 Email to: [email protected] and CC
your Housing Regional Representative by 5:00pm CDT
Full Application:
 Full Applications: October 31, 2014
 Applications must be postmarked by, or delivered to
the Nebraska State Office Building, 4th Floor, with a
signed receipt from DED staff by 5:00pm CDT.
6
The Pre-Application includes:
 Part
I, General Information
 Part II, Funding Summary
 Part III, Proposed Project Budget
 One-page Project Summary
 Citizen Participation Plan (Optional)
7
8
9
10
11
12

Failure of the Application to meet all of the threshold
requirements (Scoring 15 points within the PreApplication & Threshold Question Sections) will
result in the Application not being funded during the
NAHP Cycle.

In addition, within the CD2 Annual Cycle, failure of
the Applicant to score at least 102 total points on the
final application will result in the Application not
being funded during the NAHP Cycle.
13

Additionally, within the Non-Profit Operating
Pool, failure of the Applicant to score at least
50% of the total points on the final application
will result in the Application not being funded
during the NAHP Cycle.

Altering the Application questions in any way
will automatically disqualify the application
and result in the Applicant not being funded.
14

Demolition can be included with any eligible
activity and it does not have to be on the same
site with the other activity.

The Citizen Participation Plan is optional.
15
Nebraska U.S. House of Representatives Congressional District 2
16
17