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2013 Nebraska Affordable Housing Program (NAHP) Application Guidelines

2013 Nebraska Affordable Housing Program (NAHP) Application Guidelines. Homeowner Homebuyer Operating Rental. Nebraska Affordable Housing Program (NAHTF, HOME & CDBG) DED Annual Cycle & CDBG OOR. $5,500,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle.

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2013 Nebraska Affordable Housing Program (NAHP) Application Guidelines

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  1. 2013 Nebraska Affordable Housing Program (NAHP)Application Guidelines Homeowner Homebuyer Operating Rental

  2. Nebraska Affordable Housing Program (NAHTF, HOME & CDBG)DED Annual Cycle & CDBG OOR • $5,500,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle. • Includes $360,000 for the Non-Profit Operating Assistance applications & $5,140,000 for other applications • After the highest scoring project in each investment zone has been designated, the remaining funds will be available statewide. • Any funds not utilized for Non-Profit Operating Assistance will be reallocated within Annual Cycle Pool.

  3. Eligible Projects • 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.)

  4. 2013 Application Guideline Web Link 2013 Application Guidelines http://www.neded.org/community/community-info/documentslibrary-a-forms/trust-fund

  5. Important Deadlines Annual Cycle Required Pre- Application: March 8, 2013 Homebuyer, Operating, Rental Full Applications: April 30, 2013 CDBG OOR Required Pre- Application: May 31, 2013 Owner-Occupied Rehab Full Applications: July 19, 2013

  6. Important Deadlines Pre-Application & Threshold Deadline: Emailed to Anissa Rasmussen (anissa.rasmussen@nebraska.gov) or delivered to the Nebraska State Office Building, 4th Floor, with a signed receipt from DED staff by 5:00 PM CST. Postmark date will not be accepted. Full Application Deadline: Application must be postmarked by, or delivered to the Nebraska State Office Building, 4th Floor, with a signed receipt from DED staff by 5:00 PM CST.

  7. Scoring Criteria (Annual Cycle)(for Homebuyer/Rental/OOR) I. Demonstrates Desired Results a) Pre-Application b) Threshold Questions c) Program Guidelines and Reuse Plan d) Program Guidelines Additional Points II. Probability of Producing Desired Results a) Capacity & Feasibility

  8. Scoring Criteria (CBDG OOR Cycle) I. Demonstrates Desired Results a) Pre-Application b) Threshold Questions c) Program Guidelines and Reuse Plan d) Program Guidelines Additional Points II. Probability of Producing Desired Results a) Capacity & Feasibility III. Community Need Factors a) CNF Score

  9. Scoring Criteria (Non-profit Operating Assistance) I. Demonstrates Desired Results a) Pre-Application b) Threshold Questions II. Probability of Producing Desired Results a) Capacity & Feasibility

  10. Pre-App Information • The Pre-Application includes: • Part I, General Information • Part II, Funding Summary • Part III , Proposed Project Budget • One-page project summary

  11. Housing Application Layout

  12. Ch. 4 Part V: Project Design and Impact, Homebuyer Program Guidelines & Program Income Reuse Plan, and Program Guidelines Additional Points

  13. Ch. 5 Part IV: Project Design and Impact

  14. Ch. 6 Part V: Project Design and Impact, Owner Occupied Rehab Program Guidelines & Program Income Reuse Plan, and Program Guidelines Additional Points

  15. Ch. 7 Part V: Project Design and Impact, Owner Occupied Rehab Program Guidelines & Program Income Reuse Plan, and Program Guidelines Additional Points

  16. Ch. 8 Part V: Project Design and Impact, Project Design Information, Pro Forma & Project Design Spreadsheets, and Project Design Additional Points

  17. Important Information • Failure of the Application to meet all of the threshold requirements (Scoring 55 points within the Pre-Application & Threshold Questions Sections) will result in the Application not being funded during the 2013 NAHP Cycles. • In addition, within the Annual & CDBG Cycles failure of the Applicant to score 130 total points on the final application will result in the Application not being funded during the 2013 NAHP Cycles.

  18. Important Information Continued • Additionally, within the Non-Profit Operating Pool, failure of the Applicant to score 50% of the total points on the final application will result in the Application not being funded during the 2013 NAHP Cycle. • The Application questions are locked. Altering the questions in any way, may result in a 20 point scoring deduction.

  19. Important Information Continued • 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.

  20. Maximum Grant Amounts • 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

  21. Highlights of the Pre-Application and Full Application Questions

  22. I. Demonstrates Desired Results a) Pre-Application Pre-Application Question

  23. b) Threshold Questions

  24. d) Program Guidelines Additional Points

  25. d) Cont. Program Guidelines Additional Points

  26. II. Probability of Producing Desired Resultsb) Capacity & Feasibility

  27. Chapter 6 OOR & Chapter 7 CDBG OORII. Probability of Producing Desired Resultsb) Capacity & Feasibility

  28. Budget Calculator for OOR projects

  29. Chapter 7 CDBG OORIII. Community Need Factors a) CNF Score

  30. Additional Exhibits • If applicable to Part V., please include the following exhibits noted below. Clearly identify each exhibit number in the top right and bottom right of each page of the exhibit. • EXHIBIT 101: Open grants information spreadsheet at: http://www.neded.org/community/community-info/documentslibrary-a-forms/trust-fund • Exhibit 102: Proposed activity documentation (Include supplemental information in answering Question 12 of the Application.) • Exhibit 103: Breakdown of project costs (Include detailed supplemental information in answering Question 16 of the Application.) • Exhibit 104: Financial commitment documentation, if applicable. (Include supplemental information describing Actual Financial Commitments and Additional Matching Contributions as noted in Questions 19 and 20 of the Application.) • Exhibit 105: Include copies of the Bank Line of Credit or the Bank Letter of Credit, if applicable. (Include supplemental information in answering Question 21 of the Application.) • Exhibit 106: Collaboration documentation, if applicable. (Include supplemental information in answering Question 22 of the Application.) • Exhibit 107: Audit documentation, if applicable. (Include supplemental information in answering Question 27 of the Application.)

  31. Thank you for attending.Questions?

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