1. Washington AHMA Annual Conference
Multifamily Housing Update
April 23, 2019
Presented by
Denver Satellite Office
Multifamily West Region

2. Overview MF Staffing Update Submission of work requests
HUD Appropriations and President’s Proposed Budget
Portfolio Snapshot
Programs and Production Updates
REAC

3. Multifamily Staff
Regional Director Tom Azumbrado retired February 28, 2019
Angela Corcoran serving as Acting Regional Director
Denver Asset Management team has lost a number of staff
Expect ability to hire to open up over the next several months
Check

7. Multifamily Staff
Contract Administrator Oversight Monitor (CAOM) now a Headquarters role Field Office CAOM Counterparts (FOCC) are primary PBCA contact in the field office and coordinate with CAOM Account Executives continue work with PBCAs on property specific items

8. Submit Requests Electronically
All requests for processing must be submitted to our centralized mailboxes rather than directly to your HUD Account Executive or via paper mail. 
Properties located in AZ, CO, MT, ND, SD, UT, WA or WY, send requests to
Format the subject line as follows:
Request Type, Project Name, FHA # or Contract #
To reduce duplication and to ensure that our office properly logs your request, please do not send a copy to your HUD Account Executive. 
Request Types
All types of requests will be accepted at these mailboxes. Examples include:
Exigent Health & Safety (EH&S) certifications
Management certifications
Reserve for Replacement (R4R) releases
FASS responses

9. Submit Requests Electronically
 Things to consider….
Sending work requests directly to the AEs could result in delays – work is not tracked, office may be closed, staff may be unexpectedly out, etc.
Reach out to Account Executives directly for all technical assistance requests.
Do not send links sent to Den.Incoming with log-ins/secure passwords:   Often the links do not work and staff processing the mail do not have the password.  Frequently it is not clear who sent the link because it comes from a third-party – there is no identifying info in the re: property, contract number, etc. This results in delays as we research to determine who we can get back to.

10. Specialized Communication
Contracts and Funding:
Contract renewals ready for execution on HUD-administered properties (PRACs) will come to you from this address. Please return to
Multifamily Service Coordination: West Region Grant Specialists
Darlene Matushefske – grants in Colorado, Montana, Oregon, Idaho, North Dakota, South Dakota, Washington and Wyoming
Phone:
Rhonda Horn –grants in Arizona, California, Hawaii, Guam, Nevada and Utah
Phone:
Please note, contact your Account Executive for Service Coordinator programs that are funded through operations and/or residual receipts.

11. R4Rs = 204
PRAC Renewals = 65
EH & S = 51
Other/General = 7.5%
Previous Participation = 65

12. R4Rs = 32.5%
PRAC Renewals = 10.4%
EH & S = 8.1%
Other/General = 7.5%
Previous Participation = 6.8%

15. FY 2019 HUD Appropriates Act
Multifamily Rental Assistance
Fully funded projected annual renewals and amendments for Section 8 PBRA, Section 202 and Section 811
Includes full funding for:
$30.2M for new Section 811 capital advances/PRACs and State HFA project rental assistance
$51M for new Section 202 capital advances/PRACs
$10 million for Home Modification grants to allow aging in place ($5M set aside for rural)
Service Coordinator Grants funded at $90M to allow renewal of existing grants.

16. Office of Recapitalization
RAD for Public Housing
111,000 units converted and preserved
$6.8B in construction investment
RAD for Other Multifamily Housing
Converted last Rent Supp property
Nine RAP properties left nationwide
Outreach to Mod Rehab owners
Draft Section 202 PRAC conversion rules were posted for public feedback
Other Preservation Activities
Pre-1974 Section 202 SPRAC and TPV deals
Mark-to-Market and Post-M2M approvals

17. Section 202 Supportive Housing for the Elderly Program Capital Advance
FY 2018 Notice of Funding Availability (NOFA) is now posted on grants.gov.
HUD is providing up to $50 million in Capital Advance funding for:
development and operation of supportive rental housing for very-low income persons 62 years+, and
project rental subsidies, Project Rental Assistance Contract (PRAC), to maintain on going affordability
This funding, leveraged with other financing sources, will expand affordable housing opportunities and include supportive services such as transportation, continuing education and/or health to allow seniors to live independently and to age in place.
These are the first funds for construction of new elderly housing under the Section 202 program since 2010.
HUD will host a single, national webinar on Thursday, April 25, from 2-3 p.m. EST to provide an overview of the NOFA. 
Limited information can be shared about the NOFA. Questions may be sent by to HUD will maintain a repository of questions answered on the Funding Opportunities webpage.
We’re looking forward to supporting the construction of new units, with deep rental assistance, for the most vulnerable members of our communities.

18. LIHTC Notice
Opportunity Zones and High Cost Factor Notices
Application Portal
Lender Metrics
MAP Guide 2019

19. LIHTC Pilot Program Notice H-2019-03
Modified processing tracks for Section 221(d)(4) and Section 220 new construction and substantial rehabilitation projects.
Expedited Approval Process track: 30-day processing to firm commitment, with several restrictive criteria and several new lender leniencies. HUD’s review will be limited, and HUD will rely on the Lender’s due diligence during both the underwriting and construction phases.
Standard Approval Process track: 60-day processing until firm commitment- with several restrictive criteria and fewer ender leniencies. HUD staff will perform a more thorough review during the underwriting phase and rely on additional lender oversight during the construction phase.
Unless explicitly amended or waived, all other sections of the MAP Guide remain applicable to Section 221(d)(4) and Section 220 LIHTC transactions.

20. REAC UPDATEs
Joint Notice H / Notice PIH (HA) Issued on February 22, 2019
Implements 14-calendar-day prior notice of inspection date
REAC Session on Wednesday – learn about Postponements/Cancellations/Delays, EH&S, Tools, etc.

21. CONGRATULATIONS! Cathedral Plaza -99a Conbela Apts – 99a
Washington properties that received a REAC score of 98 or higher since the last WA AHMA Conference in April 2018
Cathedral Plaza -99a
Conbela Apts – 99a
Evergreen NP Hsg – 99b
Fahy Gardens – 98a
Golden Hemlock – 99a
Montesano Harbor-99a
Parkway Apts a
Brandt Terrace – 98b
Scriber Pointe – 98b
Deer Park Crossing-98b
White River Snr Hsg-98b
Keystone Corners – 99c
Hawkins House – 98b

22. CONGRATULATIONS! Blue Mountain Senior Housing – June 2018
Washington properties that received a Superior MOR since the last WA AHMA Conference in April 2018
Blue Mountain Senior Housing – June 2018
Junction Flats – July 2018