Summary of the Housing Allowance/Rent Supplement Program December 13, 2005.

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Presentation transcript:

Summary of the Housing Allowance/Rent Supplement Program December 13, 2005

Program Summary Hastings County can obtain funding for up to 60 housing allowances Hastings County can obtain funding for up to 60 housing allowances Average of $210/month/unit Average of $210/month/unit Total of $756,000 Total of $756,000 $210/month provides assistance to low- income households (e.g.. Rent of $600/month: We pay $210; tenant pays $390) $210/month provides assistance to low- income households (e.g.. Rent of $600/month: We pay $210; tenant pays $390) Better than paying full market rent but not as “affordable” as rent geared-to-income (RGI) Better than paying full market rent but not as “affordable” as rent geared-to-income (RGI) Currently have a waiting list for landlords interested in rent supplement program Currently have a waiting list for landlords interested in rent supplement program

Mandatory Requirements Maximum 5-year term Maximum 5-year term Households must be on, or be eligible to be on, social housing waiting list; no requirement to house victims of violence in priority Households must be on, or be eligible to be on, social housing waiting list; no requirement to house victims of violence in priority 6 units dedicated to Violence Against Women targets 6 units dedicated to Violence Against Women targets 54 remaining units “open”, but we can select special designations (working poor, OW/ODSP) 54 remaining units “open”, but we can select special designations (working poor, OW/ODSP) Households receiving RGI housing not eligible Households receiving RGI housing not eligible Must meet Household Income Limits (HILs) Must meet Household Income Limits (HILs) [get examples of HILs] [get examples of HILs]

Mandatory Requirements Rent cannot exceed CMHC average market rents Rent cannot exceed CMHC average market rents Payments flow to landlords Payments flow to landlords Housing allowance Take-Up Plans must be submitted to receive funding Housing allowance Take-Up Plans must be submitted to receive funding May be stacked with AHP Capital program May be stacked with AHP Capital program

Program Flexibility Service Managers (SM’s) can decide if applicant retains placement on waiting list Service Managers (SM’s) can decide if applicant retains placement on waiting list Amount of housing allowance per household may vary (i.e., can provide $210 for all tenants or can be higher for some and lower for others) Amount of housing allowance per household may vary (i.e., can provide $210 for all tenants or can be higher for some and lower for others) Agreement terms with landlords can vary (1-5 years) Agreement terms with landlords can vary (1-5 years)

Administration Fees $15/unit/month ($900/month or $10,800/year) $15/unit/month ($900/month or $10,800/year) 1/3 of administration fees 1/3 of administration fees –Before units are occupied –Paid when MAH approves Housing Allowance Take-Up Plan and signs agreement with Hastings County –Based on # of units ($300/month) Full $15/unit/month once agreement signed with landlord Full $15/unit/month once agreement signed with landlord

Take-Up Plans Outlines details of how program will be delivered Outlines details of how program will be delivered –Get units –Move people in –Who will be housed and how Must be sent to MAH no later than March 15, 2006 Must be sent to MAH no later than March 15, 2006

Next Steps Review details set out in guidelines Review details set out in guidelines Decide where units should be and size of units required (most likely one bedroom units in Belleville and Quinte West) Decide where units should be and size of units required (most likely one bedroom units in Belleville and Quinte West) This can be vetted through the community via the Affordable Housing Action Network This can be vetted through the community via the Affordable Housing Action Network

Next Steps Decide on some of the options for Service Managers Decide on some of the options for Service Managers –Still eligible to be on the RGI waiting list? –Any specific targets other than violence against women? –$210/month for everyone or have a variance? –When to test income

Next Steps Recruit landlords Recruit landlords Determine unit allocations by year and when full take-up of all 60 units is expected Determine unit allocations by year and when full take-up of all 60 units is expected Determine quarterly expenditures until full take-up is complete Determine quarterly expenditures until full take-up is complete Determine if Hastings County is interested in more units, if available Determine if Hastings County is interested in more units, if available Determine phase out plan Determine phase out plan

Important Dates March 15, 2006 – Last day to submit Take- Up Plan March 15, 2006 – Last day to submit Take- Up Plan April 2006 – Reallocation of unused funds April 2006 – Reallocation of unused funds March 2008 March 2008 –Deadline to have all units committed –Reallocation of uncommitted funds to Capital pool March 31, 2013 – End of claims for program funding March 31, 2013 – End of claims for program funding