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American Recovery and Reinvestment Act of 2009 Overview Implementation at the Department of Housing and Urban Developmen

American Recovery and Reinvestment Act of 2009 Overview Implementation at the Department of Housing and Urban Development. May 12 - 14, 2009. HUD’s Role in the Recovery Act. HUD’s $13.61B in funding under the Recovery Act supports 3 main themes across 9 departmental programs. .

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American Recovery and Reinvestment Act of 2009 Overview Implementation at the Department of Housing and Urban Developmen

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  1. American Recovery and Reinvestment Act of 2009OverviewImplementation at theDepartment of Housing and Urban Development May 12 - 14, 2009

  2. HUD’s Role in the Recovery Act • HUD’s$13.61B in funding under the Recovery Act supports 3 main themes across 9 departmental programs.

  3. HUD’s Role in the Recovery Act • HUD’s$13.61B in funding under the Recovery Act supports 3 main themes across 9 departmental programs.

  4. HUD’s Role in the Recovery Act • HUD’s$13.61B in funding under the Recovery Act supports 3 main themes across 9 departmental programs.

  5. Implementation Approach • HUD’s delivery approach combines short-term spending on “shovel-ready” projects via formula grants with longer-term focus on program targeting through competition.

  6. Implementation Approach • Given the Recovery Act’s unprecedented cross-cutting scope and aggressive timeframe, the Secretary is viewing the Recovery Act as an opportunity to lay the groundwork for future transformation at HUD. • Leverage common Recovery Act goals to promote “ONE HUD” • Streamline and simplify programs and support processes • Promote innovative cross-agency and cross-discipline collaborations • Reinvigorate the “HUD network” • Build a culture of transparency and accountability

  7. Transparency and Accountability • The Recovery Act also provides specific statutory guidelines, which are defined more clearly in OMB’s implementation guidance.* • Prime and First Tier Funding Recipient Registration • Must obtain a Dun and Bradstreet Data Universal Numbering System (DUNS) Number (www.hud.gov/offices/adm/grants/duns.cfm) • Must be registered in the Central Contractor Registration (CCR) (www.ccr.gov/startregistration.aspx) *See http://www.recovery.gov/files/Initial%20Recovery%20Act%20Implementing%20Guidance.pdf

  8. Transparency and Accountability • The Recovery Act also provides specific statutory guidelines, which are defined more clearly in OMB’s implementation guidance.* • Fund Commingling and Tracking • Funds may be used in conjunction with other funding as necessary to complete projects • However, tracking and reporting must be separate to meet the reporting requirements of the Recovery Act *See http://www.recovery.gov/files/Initial%20Recovery%20Act%20Implementing%20Guidance.pdf

  9. Transparency and Accountability • The Recovery Act also provides specific statutory guidelines, which are defined more clearly in OMB’s implementation guidance.* • Audit Publication • For Fiscal years ending September 30, 2009 and later, all Single Audit reports filed with the Federal Audit Clearinghouse (FAC) will be made publicly available online *See http://www.recovery.gov/files/Initial%20Recovery%20Act%20Implementing%20Guidance.pdf

  10. Transparency and Accountability • The Recovery Act also provides specific statutory guidelines, which are defined more clearly in OMB’s implementation guidance.* • Other Applicable Statutory Requirements (Awaiting Final Guidance) • “Buy American” provision • Davis Bacon prevailing wage requirements *See http://www.recovery.gov/files/Initial%20Recovery%20Act%20Implementing%20Guidance.pdf

  11. Transparency and Accountability • The Recovery Act provides very specific guidance for reporting.

  12. Transparency and Accountability • Though the Recovery Act specifically prohibits certain types of projects from being funded, the White House has provided additional guidance against imprudent spending.* • Section 1604 of Division A of the Recovery Act • “None of the funds appropriated or otherwise made available in this Act may be used by any State or local government, or any private entity, for any casino or other gambling establishment, aquarium, zoo, golf course, or swimming pool” *http://www.whitehouse.gov/the_press_office/Memorandum-for-the-Heads-of-Executive-Departments-and-Agencies-3-20-09/

  13. Transparency and Accountability • Though the Recovery Act specifically prohibits certain types of projects from being funded, the White House has provided additional guidance against imprudent spending.* • March 20th White House Memo • Departments and agencies cannot approve or otherwise support any project, application, or applicant for funding that is imprudent or that does not further the job creation, economic recovery, and other purposes of ARRA *http://www.whitehouse.gov/the_press_office/Memorandum-for-the-Heads-of-Executive-Departments-and-Agencies-3-20-09/

  14. Transparency and Accountability • Though the Recovery Act specifically prohibits certain types of projects from being funded, the White House has provided additional guidance against imprudent spending.* • Lobbyist Communication: A HUD official may communicate orally with registered lobbyists concerning general Recovery Act policy issues (i.e., not specific projects, applications, etc.), but must immediately document in writing. If the communication is regarding the commitment, obligation, or expenditure of funds under ARRA, the following guidelines must be followed: • Oral Communication: When scheduling any oral communication all HUD officials must inquire whether any of the individuals or party is registered lobbyist. *http://www.whitehouse.gov/the_press_office/Memorandum-for-the-Heads-of-Executive-Departments-and-Agencies-3-20-09/

  15. Transparency and Accountability • Though the Recovery Act specifically prohibits certain types of projects from being funded, the White House has provided additional guidance against imprudent spending.* • Lobbyist Communication: A HUD official may communicate orally with registered lobbyists concerning general Recovery Act policy issues (i.e., not specific projects, applications, etc.), but must immediately document in writing. If the communication is regarding the commitment, obligation, or expenditure of funds under ARRA, the following guidelines must be followed: • Written Communication: will be posted publicly by HUD on its recovery website within 3 business days after receipt *http://www.whitehouse.gov/the_press_office/Memorandum-for-the-Heads-of-Executive-Departments-and-Agencies-3-20-09/

  16. The Recovery Act’s Green Retrofit Programfor Multifamily Housing HUD Webinar May 13, 2009

  17. Today’s Presentation Background and Program Overview Program Discussion --- Intermission --- Program Discussion (continued) Questions and Answers During this webcast, email questions to: AssistedHousingGreenRetrofit@hud.gov Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  18. Presenters (from HUD’s Office of Affordable Housing Preservation) Ted Toon, Deputy Assistant Secretary Jerry Anderson, Associate Deputy Assistant Secretary Harry West, Director, Chicago Preservation Office Donna Rosen, Director, Wash. Preservation Office Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  19. Background and Program Overview • Ted Toon • Deputy Assistant Secretary Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  20. GRP Authorization The Green Retrofit Program for Multifamily Housing (GRP) was authorized by the American Recovery and Reinvestment Act of 2009, whose objectives are to: • Boost the economy • Create jobs • Restore economic growth • Strengthen America’s middle class Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  21. GRP Guidance Program guidance is provided in Housing Notice H-09-02, published May 13, 2009, available at www.hud.gov/recovery: “… $250,000,000 shall be for grants or loans for energy retrofit and green investments …” Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  22. Green Building An approach to sustainable development that is designed to result in a property that • Reduces demand for energy and water • Costs less to operate and maintain • Improves the residents’ quality of life, and • Reduces its impact on the environment. Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  23. GRP Eligible Properties • Funding is available for Section 8, 202, 811, and USDA Section 515 properties with project-based assistance • Minimum project size as detailed in the Notice • Limits by project type, geography, and projects with same owner Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  24. Funding & Eligible Purposes • Maximum per-unit improvements of $15,000, expected to average $10,000 per unit across the portfolio • Green and energy retrofits only (improvements that conserve energy and water, improve indoor air quality, or benefit the environment) Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  25. Benefits to Residents • May replace old, inefficient appliances with new energy-efficient models • Keeps tenants warmer in winter and cooler in summer • May reduce dust, mold, and pests--without toxic pesticides • May provide healthier homes • Preserves affordable apartments Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  26. Benefits to Property Owners • No cost to most owners (with some exceptions) • Includes four performance-based financial incentives • Adds years to property’s long-term viability • Adds to property marketability and value Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  27. Benefits to Property Owners • (cont’d) • Provides access to green materials, systems, and technologies • Contributes to energy and water conservation • May improve indoor air quality • Benefits the environment • Share in future utility savings Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  28. Owner Financial Incentives • Pre-Development Incentive – 1% of Green Retrofits up to $10,000, paid at closing • Efficiency Incentive – 3% of Green Retrofits up to $30,000, paid upon satisfactory and timely completion of the rehab • Incentive Performance Fee – 3% of collected revenue, paid annually from SC upon meeting pre-conditions • Targeted Job Creation Incentive (optional) – 10% of qualified expenditures up to $25,000, for contracting with Eligible Residents or Eligible Business Concerns (or both), pursuant to HUD Section 3 guidance Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  29. Benefits to HUD, Taxpayers • Reduced utility costs • Improved indoor air quality and healthier residents • Extended affordability for 15 years • Trained Green property managers • Green replacements • Greener property operations • Integrated pest management Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  30. Program Discussion Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  31. The Application Stage • Jerry Anderson • Associate Deputy Assistant Secretary Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  32. APPLICATION Preparing the application Submitting the application Selection Initial Feasibility PLAN DEVELOPMENT Tenant Meeting GRPCA PAE’s Plan Bids / Estimates Discussions with PAE GR O&M Plan Final Feasibility Stages of Processing Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  33. APPROVAL AND CLOSING HUD Approval Green Retrofit Plan Commitment Closing POST CLOSING Starting Green Retrofits Timely Davis Bacon Recovery Act Reporting Completion of Green Retrofits Final Adjustments and Close-Out Stages of Processing Cont’d Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  34. Application • Applications Must Be Complete, or Will Be Rejected. A Complete Application Includes: • 14 items of Required Information • 15 Owner Certifications • 8 Owner Commitments Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  35. Required Information Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  36. Required Certifications Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  37. Required Commitments Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  38. How to Apply for GRP • An Application Requires: • (see Notice for full details) • Meeting threshold eligibility requirements • Emailing the EXCEL spreadsheet • Mailing the required documentation Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  39. Selection Among Applicants • Size of applicant pool – HUD to process GRPs for projects containing about 25,000 units in total • Limits by four project categories • Projects in multiple categories • Waiting list – transparent, public can monitor at www.hud.gov/recovery Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  40. Special Processing • Early Renewal Process • Projects with Section 8 contracts expiring within 18 months • Mark-to-Market With GRP Add-on • Projects in the M2M pipeline now, as well as those coming in with the filing of the GRP Application • Projects that have closed a traditional M2M Restructuring are eligible Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  41. Initial Feasibility Assessment • HUD-provided template downloadable from hud.gov/recovery • ARRA requirements to pass Feasibility • Owner completes as required part of GRP Application • HUD/PAE’s validation of Feasibility • Sample follows on next slide … Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  42. Initial Feasibility Assessment • (cont’d) • A project may fail the initial Feasibility, but have project-specific adjustments that would result in passing Feasibility: • Notice includes examples of adjustments that could change an infeasible project into a feasible project • HUD review and concurrence that the adjustments make the project feasible is required for acceptance for GRP processing Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  43. Intermission • During this webcast, email questions to: • AssistedHousingGreenRetrofit@hud.gov Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  44. Development of the Green Retrofits Plan • Harry West • Director, • Chicago Preservation Office Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  45. GRP Tenant Meeting Purpose: Get residents input on Green Retrofits • Conducted by HUD’s PAE • Coordinated with property manager • Scheduled to get maximum resident participation Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  46. Green Physical Condition Assessment Three Components: Rehab and Replacements, with Green Alternatives Energy Audit Integrated Pest Management Inspection Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  47. Required Green Alternatives • 24 alternatives for early replacement--generally if there is less than 15% remaining useful life • Products and Appliances • Heating and Cooling • Water Heaters • Building Envelope • Lighting • Ventilation and Indoor Air Quality • Other Green Features Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  48. Optional Green Alternatives 12 alternatives owner must agree to pursue before including in the Green Physical Condition Assessment Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

  49. Other GRPCA Features • Cost-effectiveness (limits on additional cost for Green alternatives) • Recovery Act, Section 1604 restrictions Green Retrofit Program for Multifamily Housing (GRP) HUD Webinar, May 13, 2009

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