2018 Affordable Housing Program (AHP) Community Stability Webinar. Megan Krider Manager, Affordable Housing and Community Development

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1 2018 Affordable Housing Program (AHP) Community Stability Webinar Megan Krider Manager, Affordable Housing and Community Development

2 Community Investment Products Banking On Business Gap financing and equity for small business start-up and expansion Affordable Housing Program Up to $750K in subsidy for affordable housing development Blueprint Communities Capacity-building for communities in need of revitalization Community Lending Program Low-cost liquidity and match financing for community development First Front Door Down payment and closing cost assistance, up to $5,000, for income-qualified, firsttime homebuyers Home4Good Fund a variety of projects to serve homeless populations To learn more about how your institution can benefit from one of our community investment products, contact Dave Buches at dbuches@fhlb-pgh.com 2 Blueprint Communities is a registered service mark of the Federal Home Loan Bank of Pittsburgh.

3 Get Prepared Before proceeding with the Community Stability webinar, please print and review the following*: 2018 Affordable Housing Program Implementation Plan 2018 Community Stability Guide 2018 Community Stability applicable forms *All Community Stability resources can be found at Application-Attachments 3

4 Community Stability Webinar Agenda Review AHP application s Community Stability category Understand Community Stability scoring components Manage Community Stability in the AHP Online system 4

5 Community Stability Project has a positive impact Quality of life Environment Local Planning 0-3 points Project Impact 0-17 points Threshold Requirement: Displacement Form Community development activities 0-20 variable 5

6 Community Stability Techniques Project Impact up to 17 points Community designation Distressed communities Major disaster declaration Homeownership rate Owner-occupied rehab Blighted property Brownfield sites Adaptive reuse Historic preservation Preservation of subsidized housing Mixed-income housing Land bank/reuse agency properties Architectural compatibility Creation of community assets Creation of visitable units Note: Red stars indicate changes from previous years Local Planning up to 3 points Project consistency with the plan Project meets targeted priorities identified in the plan Project impact score + Local planning score = Maximum score of 20 points 0-20 variable 6

7 Forms: Important Tips Carefully review all forms, the Community Stability Guide and Implementation Plan! Incomplete forms will not be eligible for points Each form is specific to a particular technique Forms MUST be signed Don t delay! Meet early with the appropriate signing entity to allow for time to properly complete and sign the form(s) Project sponsor must ensure that all documentation required by the Implementation Plan is submitted with the application 7

8 Forms: Process for Completion Thoroughly review each form Send forms to the appropriate parties Complete forms in their entirety Print completed forms Obtain signatures for each form as needed Scan and save forms and related documents as a PDF or zip files as follows: CS_Form Name_Project Name Upload forms into the AHP Online system under correct technique 8

9 Managing Projects with Multiple Sites Certain techniques require that 75% of sites and/or properties meet the criteria To earn points in these categories, the sponsor is responsible for sufficiently describing the project and project sites Supplemental letters and materials may be required The addresses of the 75% of properties/sites that meet criteria must: Appear on the form Match the addresses provided on the application s Site Screen Present any attachments that require addresses 9

10 Community Stability Point Consideration IMPORTANT: To be considered for points under Community Stability, including system autocalculated points, the sponsor must follow the steps on each of the following three slides 10

11 From the application Home Screen, click Community Stability Indicate: Yes, I wish to be considered for Community Stability points. NO POINTS AWARDED ELIGIBLE FOR POINTS 11

12 Check the applicable technique to be considered for points Upload the correct executed form and supporting documentation 12

13 Must click save to save all changes to this screen 13

14 LOCAL PLANNING (UP TO 3 POINTS) 14

15 Local Planning (0-3 Points) Technique Points Required Documentation Plan Consistency 1 Plan Consistency Certification Form Targeted Plan Priorities 2 Plan Consistency Certification Form One point is awarded when plan representative reviews project with sponsor and certifies its consistency by using the Plan Consistency Certification Form If project is awarded one point in this way (for consistency with plan ), then the project will be considered for two additional points for meets targeted priorities, provided that adequate documentation indicates how the project meets the priority You must actively check the box to request both Plan Consistency and Targeted Plan Priorities points in the system 15

16 PROJECT IMPACT (UP TO 17 POINTS) 16

17 Community Designation Technique Points Required Documentation Community Designation 3 Community Designation Certification Form At least 75% of properties are located in community with awarded designation Designation must be made by local, state, federal or quasigovernment entity Project site and/or area of project s development must be known Designation must be in effect at time of application due date Designation must have tangible/economic benefit Form must be signed by designating entity Form may be signed by local implementing entity for active Blueprint Communities only Blueprint Communities is a registered service mark of the Federal Home Loan Bank of Pittsburgh. 17

18 Distressed Community Technique Distressed Community A. Difficult to Develop Area (DDA) B. Qualified Census Tract (QCT) C. Distressed or Underserved Non- Metro Middle Income Geographies (NMMIG) Federal Reserve Points Required Documentation 3 See Implementation Plan based on project type Distressed Designations: 75% of the project addresses must be documented in the qualified area 18

19 Distressed Community (Cont d) All designations require Distressed Community Designation Form Visit HUD website for 2018 QCT and DDA Metro or Non- Metro area PDF for details: Visit Federal Reserve website for most current NMMIG: Look for the project s census tract to see if it is eligible as either metro or non-metro QCT, DDA or NMMIG 19

20 Distressed Community (Cont d) Print only the page that indicates the project s eligibility for QCT, DDA or NMMIG Print corresponding FFIEC pages for application addresses: aspx Where required, supply waitlist and/or third party documenting address of project Scan, save and upload all forms under Distressed Community Designation in the AHP Online system 20

21 Major Disaster Declaration Technique Points Required Documentation Major Disaster Declaration 3 Major Disaster Declaration Form & FEMA Declaration Documentation Project must address housing that has been affected by disaster Declaration must be made no more than 30 months prior to Aug. 9, 2018 Designation must receive Individual Assistance or Individual and Public Assistance as defined by FEMA Certification form must be signed by an official from local, state or federal government entity 21

22 Major Disaster Declaration (Cont d) Visit Search for Declaration Type: Major Disaster Declaration Select applicable declared disaster Print PDF of map Must receive individual or individual and public assistance to qualify 22

23 Owner-Occupied Rehabilitation Technique Points Required Documentation Owner-Occupied Rehabilitation 10 points 5 points Commit that 75% of properties in the project will be: Fully/comprehensively inspected by qualified individual Certified that all hazardous or uninhabitable conditions are corrected at project completion Certified that all major systems have reasonable (five years) remaining useful life at project completion Qualified individual certification must include: Detailed inspection process Qualifications of individual 5 or 10 None at application. Radio buttons indicate commitment level of standards Property receives needed rehabilitation and/or accessibility improvements on specific components Project does not meet the criteria outlined under 10 points 23

24 Owner-Occupied Rehabilitation (Cont d) No forms or documents are required in this Community Stability technique, but you will need to upload the Owner-Occupied Rehabilitation Form under Readiness to Proceed in the Feasibility section of the application 24

25 Creation of Homeownership Opportunities Technique Points Required Documentation Homeownership rate <50% in census tract 3 FFIEC website documentation Application must include Federal Financial Institutions Examination Council (FFIEC) census tract data for all project addresses 75% of properties must be located in census tracts with homeownership rates <50% 25

26 Creation of Homeownership Opportunities To determine if your homeownership project is eligible for points under this category, go to and click on Geocoding/Mapping System Complete steps 1-5 below Divide Owner-Occupied units by Total Housing units to demonstrate < 50% Print Save to upload to AHP application Use the most current census demographic data available at time of application 26

27 Blight, Brownfield, Historic Rehabilitation, Preservation of Existing Subsidized Housing or Adaptive Reuse 2018 Affordable Housing Program (AHP) Construction/Rehabilitation Cost Breakout 27

28 Blighted Property Technique Points Required Documentation Blighted Property Redevelopment 3 Blight Certification Form At least 75% of the land/structures must meet FHLBank Pittsburgh s definition of blight Project must have $25K of hard rehabilitation costs per rehabilitated unit (if rehabilitation project) The project site must be known and identified The Blight Certification Form must be signed by a state or local government representative, an architect or an attorney 28

29 Brownfield Property Technique Points Required Documentation Brownfield Designation 3 Brownfield Certification Form At least 75% of the property must qualify as Brownfield Project must have $25K hard rehabilitation costs per rehabilitated unit (if rehabilitation project) Brownfield Certification Form must be signed by a representative of the state entity responsible for Brownfield determination 29

30 Historic Property Rehabilitation Technique Points Required Documentation Historic Property Rehabilitation (historic preservation) 3 Property of Historic Significance Form Project must have $25K hard rehabilitation costs per rehabilitated unit (if rehabilitation project) Property must meet definition of historic significance as noted on the form Property of Historic Significance Form must be signed by State Historic Preservation Office 30

31 Preservation of Subsidized Housing Technique Points Required Documentation Preservation of Existing Subsidized Housing 3 Preservation of Existing Subsidized Housing Certification Form Project must have $10K hard rehabilitation costs per rehabilitated unit (if rehabilitation project) Project must be within two years of permitted repayment or expiration of the restricted-use requirement Preservation of Existing Subsidized Housing Certification Form must be signed by the original funder(s) 31

32 Mixed-Income Housing Technique Mixed-Income Housing A. Rental project: 20% or more of units > 60% of the area median income (AMI) B. Owner-occupied project: 20% or more of units > 80% AMI C. Rental or owner-occupied: at least 75% of properties located in census tract with median family income (MFI) > 100% percent MFI Points Required Documentation 3 None (auto-calculated) None (auto-calculated) FFIEC website document 32

33 Mixed-Income Housing (Cont d) To determine if homeownership project is eligible for points under this category, go to Consumer Compliance and Geocoding/Mapping System Complete steps 1-4 to locate most recent census demographic data for address Step 5: Select Income tab on new screen Step 6: Print and save to upload to AHP application if Tract Median Family Income is >100% 1 2 Search

34 Land Bank or Land Reuse Agency Technique Points Required Documentation Property Acquired from Land Bank/Land Reuse Agency 3 Property Conveyance Form Land bank or land reuse agency must be authorized by state legislation or local government ordinance Project must acquire at least one property from land bank Property Conveyance Form required 34

35 Architectural Techniques Technique Points Required Documentation Adaptive Reuse 3 Architectural Compatibility 1 Creation of Community Asset 1 Visitable (creation of accessible units) 1 Architectural Certification Form Form must be signed by architect unless it is an owneroccupied rehab project See Community Stability Guide for more information 35

36 Helpful Reminders Confirm that correct boxes are checked and that correct forms/documents are uploaded for each technique: Forms are complete and signed by appropriate entity All documentation is included with application If form requires additional documentation, scan all documents as one PDF or provide all documents in one zip file No more than one upload can be made per category Originals will be replaced if documents are uploaded more than once 36

37 Community Stability Resources* 2018 AHP Implementation Plan 2018 Community Stability Guide 2018 Community Stability Forms Access technical assistance Go to AHP website ( Expand Learn About AHP & Get Assistance tab Click on technical assistance link Complete form and submit via Community Investment staff will initiate contact upon receipt of form Final day for technical assistance is July 30, 2018 *All Community Stability resources can be found at 37

38 Community Investment Contacts Megan Krider Manager, Affordable Housing and Community Development Lori Graham Manager, Homeownership Dave Buches Manager, Community Investment System Lockouts Only: Amanda Frikker