Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

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Presentation transcript:

Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental

 Homebuyer (downpayment, downpayment w/ rehab., purchase-rehab-resale, new construction, etc.)  Non-Profit Operating  CHDO Operating  CDBG: Owner-Occupied Rehab.  Rental (new construction, acquisition and/or rehab.)

2012 Application Guidelines

Annual Cycle Optional Pre- Application: March 9, 2012 Optional Full Application: April 6, 2012 Homebuyer, Operating, Rental Applications: May 4, 2012 CDBG OOR Optional Pre- Application: May 31, 2012 Optional Full Application: June 29, 2012 Owner-Occupied Rehab Applications: July 27, 2012 All deadlines: received by 5:00 PM CT to the Lincoln Office

I. Demonstrates Desired Results a)Meets Department Priorities b)Reasonableness c)Community & Economic Development Planning Efforts II. Probability of Producing Desired Results a)Level of Readiness to Proceed b)Demonstrated Capacity & Cost Effectiveness

 $5,250,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle.  After the highest scoring project in each investment zone has been designated, the remaining funds will be available statewide.

 $5,250,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle.  In addition to the $5,250,000, there is $450,000 of HOME funds available in the annual cycle.  After the highest scoring project in each investment zone has been designated, the remaining funds will be available statewide.