Homeowner Homebuyer Operating Rental CHDO 1.  $7,750,000 of NAHTF will be available within Annual Cycle.  $2,000,000 of CDBG funds will be available.

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Presentation transcript:

Homeowner Homebuyer Operating Rental CHDO 1

 $7,750,000 of NAHTF will be available within Annual Cycle.  $2,000,000 of CDBG funds will be available in the CDBG Cycle.  $360,000 of the NAHP allocation will be available for Non- Profit Operating Assistance.  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  CDBG OOR is $500,000  Rental is $800,000 3

 The regulatory requirement to award at least 15% of the HOME allocation to CHDOs for CHDO-eligible activities.  $450,000 of CHDO funds will be available in the CHDO Cycle. 4

 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.)  CHDO activities 5

2014 Application Guidelines -info/documentslibrary-a-forms/trust-fund 6

Pre-Application Deadline:  Required Pre-Applications: March 7, 2014  to: and cc your Housing Regional Representative by 5:00pm CST Full Application Deadline:  Full Applications: April 30, 2014  Applications must be postmarked by, or delivered to the Nebraska State Office Building, 4 th Floor, with a signed receipt from DED staff by 5:00pm CST. 7

Pre-Application Deadline:  Required Pre-Applications: May 30, 2014  to: and cc your Housing Regional Representative by 5:00pm CST Full Application Deadline:  Full Applications: July 18, 2014  Applications must be postmarked by, or delivered to the Nebraska State Office Building, 4 th Floor, with a signed receipt from DED staff by 5:00pm CST. 8

The Pre-Application includes:  Part I, General Information  Part II, Funding Summary  Part III, Proposed Project Budget  One-page project summary  Citizen Participation Plan 9

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 Failure of the Application to meet all of the threshold requirements (Scoring 45 points within the Pre- Application & Threshold Questions Sections) will result in the Application not being funded during the NAHP Cycles.  In addition, within the Annual & CDBG Cycles failure of the Applicant to score at least 130 total points on the final application will result in the Application not being funded during the NAHP Cycles. 16

 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. 17

 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. 18

 The Citizen Participation Plan is a required by HUD and it is a threshold item for the CDBG full applications.  It is highly encouraged to submit the Citizen Participation Plan with the Pre-App. 19

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Nebraska U.S. House of Representatives Congressional Districts 21 ~ $1,937, for District 1 Annual Cycle ~ $1,937, for District 2 Annual Cycle ~ $1,937, plus remaining NAHTF funds will be allocated primarily within District 3

Congressional District 3 with NAHP Sub-districts 22 ~$1,937,500 plus remaining NAHTF funds will be allocated primarily within District 3

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