FISCAL YEAR 2014-2015
ANNUAL ACTION PLAN
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HOME Investment
Partnership Grant
(HOME)
HOME Regulations 24 CFR Part 92
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FISCAL YEAR 2013 INCOME LIMIT SUMMARY
FOR VENTURA COUNTY
Median Income $86,700
Income
Limit
Category
1 Person
2 Person
3 Person
4 Person
5 Person
6 Person
7 Person
8 Person
Extremely
Low
Income
(30%)
$18,350
$21,000
$23,600
$26,200
$28,300
$30,400
$32,500
$34,600
Very Low
Income
(50%)
$30,600
$35,000
$39,350
$43,700
$47,200
$50,700
$54,200
$57,700
Low
Income
(80%)
$48,950
$55,950
$62,950
$69,900
$75,500
$81,100
$86,700
$92,300
Source: US Department of Housing and Urban Development December 11, 2012
Income Limit areas are based on FY 2013 Fair Market Rent (FMR) areas.
http://www.hud.gov/offices/cpd/affordablehousing/programs/home/limits/index.cfm
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HOME ENTITLEMENT GRANT PROGRAM OBJECTIVES
The intent of the HOME Program is to:
• Increase the supply of decent , affordable housing to low and very lowincome households;
• Expand the capacity of nonprofit housing providers;
• Strengthen the ability of state and local governments to provide housing;
and
• Leverage private sector participation
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CDBG ENTITLEMENT GRANT PROGRAM PARTNERS
HOME key partners:
1. Participation Jurisdiction (PJ)
2. Subrecipients
3. Community-Housing Development Organizations
(CHDOs)
4. Third Party Contractors
5. Private Lenders
6. Developers, owners and sponsors
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ELIGIBLE HOME ACTIVITIES AND COSTS
HOME funds can be used to support four general affordable housing activities:
• Homeowner rehabilitation
• Homebuyer activities
• Rental Housing
• Tenant-based rental assistance (TBRA)
Eligible Costs
• New construction
• Rehabilitation
• Reconstruction
• Conversion
• Site Improvements
• Acquisition of property
• Acquisition of vacant land
• Demolition
• Relocation Costs
• Refinancing
• Project-related soft costs
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HOME CAPS
• Administration with a maximum cap of 10% to participant
jurisdiction
• Community Housing Development Organizations (CHDO)
Operating Expenses with a maximum cap of 5%
• CHDO set-aside with 15% minimum cap
• All Projects: Homeowner rehabilitation, Homebuyer, Tenant
Based Rental Assistance (TBRA) and Rental.
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HOME ADMINISTRATIVE REQUIREMENTS
• Eligible administrative and planning costs include expenditures for:
• Salaries, wages, and related costs of PJ staffs responsible for HOME program
administration
• Goods and services necessary for administration (utilities, office supplies…)
• Administrative services under third party agreements (legal services)
• Providing public information
• Fair housing activities
• Preparation of the Consolidated Plan
• Administering a tenant-based rental assistance
• Indirect costs under a cost allocation plan prepared in accordance the OMB
requirements
• Complying with other Federal requirements
• Match: HOME program requires that PJ contribute an amount equal to
no less than25% of the total HOME funds draw down for project costs
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HOME ADMINISTRATIVE REQUIREMENTS CONT.
• Program Income is the income received by PJ directly generated from
the use of HOME funds or matching contributions. The new rule
requires that all program income be recorded in IDIS.
• Pre-award Costs: PJ may incur eligible costs ( administrative costs)
prior to the effective date of the HUD agreement. Pre-award costs may
not exceed 25 % of the current HOME grant without written approval
from HUD.
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2013 FINAL RULE
• Commitments : 2013 Final rule made 3 major changes to the definition
of commitment.
• Elimination of non-projects specific reservations of funds to CHDOs.
• Clarification of the definition of commitment: PJ can only commit
funds to a specific project when “it has secured all necessary
financing to complete the project, when it has established a budget
and a schedule for construction, and when it has completed the
underwriting and the subsidy layering.
• Agreement between PJ and related sub-recipients are not
considered as commitments for the purpose of meeting the
commitment deadline.
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2013 FINAL RULE CONT.
• Expenditures Deadlines: four deadlines are established by the new
Rule.
• Four-year completion deadline
• Assessment of project underwriting, developer capacity and market
needs within six months after the initial occupancy date.
• Conversion of unsold homebuyer units to rental units within 9
months after the completion of the project or repay the HOME
funds invested in the unsold units if conversion was not possible.
• Separate 5-yr expenditure deadline for CHDO set-aside funds
beginning January 2015.
• CHDO Capacity Requirement: as defined in the 2013 HOME final rule
CHDO must demonstrate capacity through experienced paid full-time
or part-time staff , independent contractors and or consultants (only
during the 1st year as CHDO) in order to be certify as a CHDO by the
PJ. New roles for CHDO as owners, developers and sponsors of
housing units are issued by HUD under the new rule.
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2013 FINAL RULE CONT.
• Written underwriting standards are required to be
established.
• Update policies and procedures to meet the new
requirements related to homeownership (ensure the
sustainability of homeownership for the low-income
homebuyer overtime), income determination (two months of
income proof), property standards (for HOME assisted new
construction, for rehabilitation, acquisition without rehab,
and for manufactured housing), progress inspections and
completion inspections.
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HOME PROGRAM REQUIREMENTS
•
•
•
•
•
Income Eligibility and Verification
Subsidy Limits
Affordability Periods
Maximum Value
Property Standards
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MONITORING
Monitoring projects is important to any systematic plan of action of managing
HOME (timeliness issue, annual certification, annual inspections of HOME units…).
Different types of review/monitoring:
• Desk review: administrative and financial monitoring
• Field Monitoring: project monitoring
• HUD Monitoring: program performance monitoring
• Corrective Action and Training and Technical Assistance
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FUNDING PRIORITIES
The Strategic Plan of the Consolidated Plan has established following priority
needs and goals:
• Housing Need with a high priority level targeting extremely-low and low-income
households and with the goal of assisting the first-time homebuyers to achieve
homeownership, creating new affordable rental housing units and housing
preservation and maintaining a safe and healthy living environment through
code enforcement.
• Homelessness with high priority targeting homeless families with children,
chronic homelessness individuals, veterans and victims of domestic violence
with the goals of reducing homelessness by providing housing and supportive
services, financial assistance (homeless prevention and rapid re-housing to atrisk of becoming homeless persons), job training and placement and shelter
services.
• Non-Housing Community Development with high priority needs, targeting
transitional age youth, and low-income at-risk youth with the goals of providing
job training and placement, supportive services and recreational services.
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FUNDING PRIORITIES
•
•
CONT’D
Public Facilities and Improvements needs with high priority level targeting the
low- and moderated income areas
Non-Homeless Special Needs targeting the elderly person, the mentally-ill
persons, disabled and substance abused persons by proving housing and
supportive services
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HUD FORMULA GRANT PROGRAMS
FIVE YEAR ENTITLEMENT SUMMARY (FY 2010-2014)
2010
2011
2012
2013
2014*
CDBG
$2,961,698
$2,472,356
$2,063,138
$2,185,785
$1,967,200
HOME
$1,147,134
$1,012,662
$667,268
$646,077
$581,500
$120,297
$187,486
$214,100
$150,512
$135,460
$4,229,129
$3,672,504
$2,944,506
$2,982,374
$2,684,160
ESG
TOTAL
http://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/about/budget
* Estimated amount only
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ANNUAL ACTION PLAN 2014-2015 ALLOCATION
The estimated amount for the program year 2014 is $581,500
1. Administration: maximum amount $58,150
2. CHDO set-asides: minimum amount $87,225.
3. CHDO Operations: maximum $19,075.
4. Projects with a balance of $417,050.
Adjustments will be done automatically when we will receive PY 2014 HUD
allocation.
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EVALUATION CRITERIA
All proposals will be evaluated on specific criteria (Proposal Evaluation Criteria),
including:
• Compliance with the HOME administrative requirements;
• Eligibility as a HOME activity;
• Ability to receive NEPA clearance;
• Overall impact in addressing community needs as identified in the City’s
Consolidated Plan;
• Compliance and consistency with local policies, plans and goals as identified in
the City Consolidated Plan;
• Financial feasibility and timeliness;
• Extended benefit to persons of low and moderate income;
• Clarity of the proposal narrative; and
• Completeness of the proposal
The due date of the proposal packet is January 24, 2014 at 12 P.M.
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CONSOLIDATED ANNUAL PERFORMANCE AND EVALUATION REPORT (CAPER)
Within 90 days of the end of the fiscal year, a jurisdiction is required to
provide an annual report, known as CAPER, to HUD. The CAPER
summarizes the City’s performance for the fiscal year and must include a
description of the resources made available, the investment of available
resources, the geographic distribution and location of investments, the
families and persons assisted (including the racial and ethnic status of
persons assisted), and other actions indicated in the Strategic Plan and the
Action Plan. The grantee should strive to ensure that all applicable
deadlines are met and the performance information are accurate.
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INTEGRATED DISBURSEMENT AND INFORMATION SYSTEM (IDIS)
IDIS is the online system for CDBG, HOME, HESG and HOPWA formula
grant programs and HOPWA competitive program. IDIS serves 2 major
purposes (disbursement and information). Grantees use the IDIS system:
1. To demonstrate program compliance,
2. To track the projects/activities and draw down funds and program
income,
3. To record the results of grant funded activities to provide accurate and
timely beneficiary and performance data PR 23 , and,
4. To help HUD compiling report on the performance of the grant
programs to Congress and other programs stakeholders (HOME
dashboard reports), using the data provided in IDIS by grantees.
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PROPOSAL PACKET
The proposal packet includes:
1. Pre-Application Proposal
2. Project Overview and Information
• POI as a funding application form
• POI as an IDIS activity data form
• POI as a documentation of the environmental review
3. Itemized Budget
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FY 2014-2015 ANNUAL ACTION PLAN SCHEDULE
Important Dates:
• December 10, 2013: FY 2014-15 Needs Assessment public hearing
• March 18, 2014: Second Public Hearing related to priorities and uses of
funds. Mandatory attendance for agencies who have submitted funding
applications
• May 6, 2014: 3rd public hearing related to proposed projects to be
funded for FY 2014-15 Annual Action Plan
• May 15, 2014: Submission of FY 2014-15 Annual Action Plan to HUD
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PROPOSAL AND APPLICATION PROCESS
• January 9, 2014: Pre-Application Sessions. Mandatory workshops for
potential applicants.
• January 24, 2014 at 12 PM: Due Date of the proposal packet.
• February 21, 2014 at 12 PM: Due Date of the application packet. If the
project is approved by the council to receive HOME funding, the entire
application packet will be part of the agreement.
• March 18, 2014: Public Hearing mandatory attendance for all
applicants who have submitted an application packet.
• May 6, 2014: Final Public hearing to adopt the FY 2014-15 Annual
Action Plan.
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General Information
Contact information:
William E. Wilkins
CDBG Juliette Dang
HOME Karl Lawson
ESG Will Reed
385-8094
385-7493
385-8095
385-8044
bwilkins@oxnardhousing.org
juliette.dang@ci.oxnard.ca.us
karl.lawson@ci.oxnard.ca.us
will.reed@ci.oxnard.ca.us
*******************
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QUESTIONS?
Written comments are recommended via email contact:
juliette.dang@ci.oxnard.ca.us
Phone contacts: Juliette Dang at 805 -385-7493 (English)
Angelica Navarro at 805 -385-8275 (English/Spanish)
FY 2013-2018 CONSOLIDATED PLAN
FY 2013-2014 ACTION PLAN