CDBG OOR Application Training. Agenda Introduction of Real Estate Production Staff Review Application Package o Funding Round Timelines o Eligible applicants.

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Presentation transcript:

CDBG OOR Application Training

Agenda Introduction of Real Estate Production Staff Review Application Package o Funding Round Timelines o Eligible applicants o Eligible activities & program requirements o Threshold & Completeness o Scoring o Application forms o Application Submission Q&A Reminders Please mute your phones by using *1 Type in questions during the webinar. There will also be a Q&A session at the end of the presentation

Real Estate Production Staff Matt Rayburn, Chief Real Estate Development Officer Carmen Lethig, Real Estate Production Manager Jason Brozek, Real Estate Coordinator Regional Analysts: Northwest: Darin Edwards Northeast: Megan Coler Southwest: Jeff Hasser Southeast: Talisha Bradley Marion County: Alan Rakowski

Funding Round Timeline Round 1 May Application Webinar June 28, Application Due August 22, Award Announcements September 2013 – Award Workshop

Eligible Applicants CDBG Cities, towns, or counties that are located within Indiana but outside of CDBG entitlement communities. ‐ Refer to the CDBG Policy for a complete listing of entitlement communities. ‐ Subrecipients Not-For-Profit 501 (c)3 or 501(c)4 corporations CHDO’s PHA’s Regional Planning Commissions Townships

ELIGIBLE APPLICANTS (CONT’D) CDBG Disaster OOR (CDBG-D) not-for-profit 501(c)3 501(c)4 organizations cities towns counties

PROGRAM REQUIREMENTS Owner-Occupied Repair (OOR) Beneficiary must: Own the property Be income eligible – annual income equal or less than 80% of Area Median Income Execute Duplication of Benefits 24 CFR Part Inspections Completion of documented scope of work Upon completion of construction 2 Public Hearings 10% match/leverage requirement Environmental Review Record (ERR) Proof of Property Insurance Competitive Procurement Procedures

PROGRAM REQUIREMENTS (CONT’D) Address Lead Based Paint (24 CFR Part 35) Uniformed Relocation Act (URA) Requirements Demonstrate action to affirmatively further fair housing Section 3 – if award is over $200,000 Recorded Lien and Restrictive Covenant Agreement Amount of CDBG or CDBG-D subsidy per unitAffordability Period Under $5,0001 year $5, $10, years Over $10, years

ELIGIBLE REPAIRS

SUBSIDY / AWARD LIMITATIONS Maximum Grant Request Amount: $350,000 per application Per Unit Subsidy = $25,000 maximum Program delivery + Administration + ER = Cannot exceed 20% of CDBG Award

COMPLETENESS & THRESHOLD Completeness Answer the following questions prior to submitting your application: Is every question answered? Are all required signature pages signed? Was the Application Form uploaded to the FTP site by the due date? Are all required Tab Attachments uploaded to the FTP site by the due date? Was a hard copy of the Application Form with original signatures sent to IHCDA by the due date?

COMPLETENESS & THRESHOLD (CONT’D) Threshold Application Cover Page Application Summary Project Narrative Leverage Sources and Uses Project Characteristics Readiness Capacity Financing Unique Features & Partnerships **A list of required documentation associated with each threshold item can be found on pages of the application policy.

SCORING Scoring CategoryPossible Points Project Characteristics50 Readiness10 Capacity30 Financing10 Unique Features & Partnerships10 Completeness Bonus5 Total Possible Points115

SUBMITTING APPLICATION The applicant must submit the following items to IHCDA’s Real Estate Department Coordinator: Via FTP site: ‐ One completed copy of the final application forms ‐ All supporting documents required in the tabs Via hard copy: ‐ One completed copy of the final application forms with original signatures All required application items are due no later than 5:00 p.m. date. Applications received after the deadline will be returned to the applicant via certified mail. Faxed applications will not be accepted. The hard copy of the final application forms should be sent to: Indiana Housing and Community Development Authority ATTN: Real Estate Department Coordinator RE: CDBG OOR Application 30 South Meridian Street, Suite 1000 Indianapolis, IN 46204

Application Submission Via FTP Site

1. IHCDA WITH CONTACT INFO Jason Brozek Include: Full Name Preferred Password Project Name

2. IHCDA WILL ASSIGN YOU A USERNAME GIVEN IN A CONFIRMATION . *If there is an issue, Do not reply to welcome .

3. CLICK ON THE LINK IN THE AND LOGIN USING YOUR USERNAME IN THE AND PASSWORD YOU SELECTED

4. YOUR INITIAL SCREEN SHOULD INCLUDE A FOLDER CREATED FOR YOU AT THE TOP OF THE SCREEN WITH THE PROJECT’S NAME.

5. BEGIN TO UPLOAD FILES FOR YOUR APPLICATION BY CLICKING THE UPLOAD FILE BUTTON.

6. CHECK THAT ALL OF THE APPLICATION DOCUMENTS HAVE BEEN UPLOADED AND EXIT.

THANK YOU! Questions?