HOME Investment Partnerships Program & Affordable Housing Trust Fund APPLICATION Training Workshop

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1 HOME Investment Partnerships Program & Affordable Housing Trust Fund APPLICATION Training Workshop Montgomery County Program Office: Housing & Community Development March 2018

2 Montgomery County Fair Housing Administers approximately $3 million annually of federal CDBG and HOME assistance from HUD. Required to complete an Analysis of Impediments (AI) to Fair Housing every 5 years. AI identifies any discriminatory practices and policies that impede the ability of members of the protected classes in securing equal access to suitable housing. The Fair Housing Act (FHA) also known as Title VIII of the Civil Rights Act of 1968, as amended, protects people against housing discrimination based on race, color, religion, national origin, sex, disability, and familial status. These are known as the protected classes. 2

AFFIRMATIVELY FURTHER FAIR HOUSING (AFFH) ACTION STEPS: Reduce racial and national origin concentration; Provide a full range of housing opportunities to applicants and tenants; Take

3 AFFIRMATIVELY FURTHER FAIR HOUSING (AFFH) ACTION STEPS: Reduce racial and national origin concentration; Provide a full range of housing opportunities to applicants and tenants; Take steps to overcome conditions which limit participation of persons due to race, national origin or other protected class; Application process has been amended to implement these steps. 3

4 Funding Sources 1. The HOME Investment Partnership Program (HOME) Entitlement Funds received from the U. S. Dept of Housing (HUD) 2018 Entitlement is unknown at this time. 2. The Affordable Housing Trust Fund (AHTF) Local funds generated from the County s recording fees. 4

5 2017 HOME Funding was. Entitlement $924, Administration ($92,497.00) 10% CHDO Set Aside ($138,747.00) 15% Sub Total $693, Program Income 0 HOME MATCH $196, % 5

6 Consolidated Plan Priority Activities Fiscal Years Goal #1: Rehabilitation of Current Housing Stock Goal #2: Expand Rental Housing Stock Goal #3: Expanding Homeownership Goal #4: Strategic Use of Tenant-Based Rental Assistance - to address homeless populations and other non-homeless special needs populations. (Applications that will directly produce an affordable unit for an owner or a renter top priority) 6

7 ELIGIBLE APPLICANTS This image cannot currently be displayed. Public Agencies Designated CHDO s Non Profits For Profit Housing Developers? 7

8 HOME Non-Participating Jurisdictions Abington Township Lower Merion Township Conshohocken Borough Limerick Township Norristown Borough Marlborough Township 8

9 Community Housing Development Organizations ACTIVE COUNTY CHDO S Advanced Living Genesis Housing Corporation Petra Community Housing Non-profit agencies are designated as CHDO s by the County through a separate certification process. HUD requires the County to set-aside 15% of its HOME entitlement for CHDO type activities. 9

10 WHAT ARE ELIGIBLE ACTIVITIES? COUNTY WILL PROVIDE INCENTIVES TO DEVELOP AND SUPPORT AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP AFFORDABILITY THROUGH: NEW CONSTRUCTION ACQUISITION REHABILITATION CHDO OPERATIONS TENANT BASED RENTAL ASSISTANCE (TBRA) 10

11 Eligible Activities Specifications Acquisition/ New Construction Build and supply new affordable housing units Acquisition/ Rehabilitation Rehab existing structures into affordable housing Tenant Based Rental (Homeless & Special Needs Populations) Provide security deposits and rental assistance for up to 24 months (TBRA Homeless populations projects will be administered utilizing the Rapid Rehousing or Permanent Supportive Housing requirements outlined in the YWH Operations Manual) CHDO Operating Salaries, wages, benefits, rent, utilities, phone, taxes Insurance equipment materials Supplies 11

12 SUBMIT THE APPLICATION THAT WILL. Assist individuals or families at 60% or below median income rental units. Assist individuals or families at 80% or below median income homeowner units only. Meet property standard requirements including accessibility and local, state and federal code requirements and all housing quality standards. Meet affordable housing guidelines for rental and homeownership. This includes rent limits, including utility allowances, and nondiscrimination guidelines. Meet rental assistance and tenant protection requirements and affirmatively further fair housing. 12

the 2017-18 Action Plan Housing Projects that

13 Montgomery County HOME Funding Priorities Gap Financing For projects that were approved in the Action Plan Housing Projects that are in areas of opportunity, non impacted areas 13

14 Ineligible HOME Projects SUPPORTIVE SERVICE, OPERATING OR ADMIN FUNDING REQUESTS (except CHDO Operating) SERVES RENTERS ABOVE 60% OF MEDIAN INCOME GUIDELINES. SERVES HOMEBUYERS ABOVE 80% OF MEDIAN INCOME GUIDELINES FUNDING FOR SHELTERS, HOSPICES 14

15 HOME PROGRAM SUBSIDY LIMITS (Last updated June 2017) Efficiency $ 141, One Bedroom $ 161, Two Bedroom $ 196, Three Bedroom $ 254, Four+ Bedroom $ 279, Limits -Non-Elevator Construction 15

16 HOME PROGRAM 2017 RENT LIMITS (Maximums) Efficiency (FMR) $ One Bedroom (FMR) $ 1, Two Bedroom (FMR) $ 1, Three Bedroom (FMR) $ 1, Four Bedroom (FMR) $ 1, Five Bedroom (HOME) $ 1, HOME Effective April

17 HOME RENT STANDARDS including utilities Efficiency One BR Two BR Three BR Four BR Fair Market Rent (2017) % HOME Rent Limit % HOME Rent Limit The HOME Program establishes the maximum gross rent standard, which is the lesser of the Fair Market Rent or the 65% HOME Rent Limit 17

18 HOME PROGRAM RENT LIMITS - Continued 20% of the rental units in a development of five (5) or more must be occupied by very low income families. Rent cannot exceed 30% of the annual income for those who fall at or below 50% of Median Income For example: Total Units Developed % 20 Therefore Rents must be: 80 Units (One $1, (FMR) 20 Units (One $ (50%) 18

19 Agency Profile and Certification Section 1 19

20 Project Location Project Description Section 2 and 3 20

21 Project Type Section 4 and 5 21

22 Target Population FUNDS REQUESTED Section 6 and 7 22

23 Application Narratives 8. Project Narrative Attach a comprehensive description of this project. The narrative must specifically address each cost item identified in the project budget. In general, the narrative must include: Section 8 Brief description of applicant s general activities, qualifications, etc. (This should only be a few paragraphs. Please do not include a complete history of the applicants achievements.) Tell us who you serve, what services are provided and an example of recent a activity supporting these claims. Specific needs/priorities to be addressed or improvements to be financed with this application request. (Identify the problem(s) that need to be resolved. Applicants must utilize the County s 2015 Consolidated Plan, the Analysis of Impediments and check the Planning Commission interactive website at Include backup documentation to prove the need/priority described. 23

24 Application Narratives Project Description - What is the actual project? (What do you plan to accomplish with this project, and how do you plan to accomplish it.) How will the County funds be utilized and what priority will this activity address? Section 8 Is there public transportation, if so, what is available and where. Is the project located near employment centers, if so, explain. Specify exactly what the County funds will address. Include a detailed budget outlining expense by line item. (CHDO ONLY) If salary reimbursement is requested, the County wants to see line items at an hourly rate, amount of hours per week requested, etc. Expected Outcomes (Outcomes should be measurable, obtainable, clear, understandable, and valid. Examples of measurable outcomes include people counseled, buildings acquired, housing units built, etc.) 24

25 Application Narratives Section 8 25

26 Project Readiness Section 8 26

27 Project Readiness Section 8 27

28 Project Costs Project Budgets Section 9 28

29 Sources of Funds Section 10 29

30 Basis of Costs Basis of Costs Attach as Exhibit C Section 11 Attach the appropriate items listed below to support your application. Appraisal(s) Contractor Estimates Sales Agreement(s) Project Timeline Schedule Bids/Quotes Engineer Estimates Budget Justification Other 30

31 Income Projections Sustainability Section 12 31

32 Additional Docs As applicable Section 13 Certification of Nonprofit (501 (3)) Articles of Incorporation By-Laws Partnership Type and Organizational Chart Most Current list of Board of Directors or Officers (CHDO s - include Directors information that can confirm required make-up of Board. If using a property address to certify please include census track and Block Group) Annual Operating Budget Affordability Period Sustainability Chart Most recent financial statement and audit For purchase property related documents (i.e., copy of agreement of sale, appraisal, inspections, site plan, floor plan, leases, photographs, zoning documents, etc.) For rehabilitation a copy of the deed, bids, relocation documents, etc. For rental - identify the entity that will be responsible for day-to-day management. The management agent should submit a resume that describes routine fair housing training provided to management staff. For rental A copy of the Owners, Developers or Sponsors Affirmative Marketing Plan 32

33 CHDO ONLY Section 14 33

34 Funding Timeline April 16, 2018 Applications are due May 2018 Eligible project recommendations are sent to the County Commissioners June/July 2018 Preliminary award notification sent to applicants and public announcement of Annual Action Plan is advertised 30-day public comment period July 2018 Public Comments incorporated into Action Plan August 2018 Commissioners adopt Resolution for Action Plan (1st Thursday) September / October 2018 HUD Environment Reviews for Approved projects & Release of Funds November/December 2018 Grant Agreements sent to Awardees

35 Return Completed Application by: April 17, :15 pm HAND DELIVER PROGRAM OFFICE: HOUSING & COMMUNITY DEVELOPMENT Montgomery County Department of Health and Human Services, 5 th Floor 1430 DeKalb Street NORRISTOWN, PA Available on the Web: 35

36 Return Completed Application by: April 17, :15 pm MAILED PROGRAM OFFICE: HOUSING & COMMUNITY DEVELOPMENT Montgomery County Department of Health and Human Services, P. O. BOX 311 NORRISTOWN, PA Available on the Web: 36

HOME PROGRAM /AFORDABLE HOUSING TRUST FUND HOUSING APPLICATION. Applicant Type Non-Profit For Profit Partnership CHDO Other.

HOME PROGRAM /AFORDABLE HOUSING TRUST FUND HOUSING APPLICATION 1. Profile* Applicant Type Non-Profit For Profit Partnership CHDO. APPLICANT NAME: CEO: ADDRESS: PHONE: Tax ID Number: DUNS Number: CITY: