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DC Housing Authority FY 2015 Budget Overview

DC Housing Authority FY 2015 Budget Overview. Coalition for Nonprofit Housing and Economic Development (CNHED) Annual Budget Briefing Thursday, April 17, 2014.

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DC Housing Authority FY 2015 Budget Overview

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  1. DC Housing Authority FY 2015 Budget Overview Coalition for Nonprofit Housing and Economic Development (CNHED) Annual Budget Briefing Thursday, April 17, 2014

  2. Locally funded housing resources DC LocalLocal Rent Supplement Program Tenant Based Project / Sponsor Federal Programs Public Housing Housing Choice Voucher Program Partnership Program/ Project Based DC Housing Authority Programs: 04/17/2014 DCHA Budget Overview

  3. Local Rent Supplement ProgramLocally-funded voucher program that mirrors the federally funded voucher program with key differences designed to address the unique dynamic of affordable housing needs in the District of Columbia. • Tenant-based • Assistance is provided directly to eligible families by way of a voucher • Families may only use the voucher in the District of Columbia • Project-based • Project-based assistance may be provided to existing, substantially rehabilitated or new construction units that meet Housing Quality Standards • Project-based units may include supportive services, but are not required to do so. • Sponsor-based • Assistance is attached to the Housing Provider for units that the provider owns, operates or leases. • LRSP funds may ONLY be used to directly pay for housing and may not be used for supportive services or administrative costs. • Housing Providers may shift the LRSP subsidy from unit to unit only if the units meet all DCHA requirements. • To be eligible for LRSP funding, a Sponsor-based Housing Provider must provide or otherwise facilitate supportive services for families living in LRSP units. 04/17/2014 DCHA Budget Overview

  4. FY 2015 Federal Budget Overview • Public Housing Operating Subsidy • 89% Proration - slight increase from FY14 but still in sequestration • Public Housing Capital Fund • Slight increase over FY14 but still 50% less than previous allocations • New funding for Homeless Veterans (VASH) • New funding for Choice Neighborhoods Initiative (CNI) 04/17/2014 DCHA Budget Overview

  5. FY 2014 Local Budget Recap • New LRSP Funding in FY14 - $9.75 million • Tenant Based Program - $3.25 million • 200 - households from DCHA waiting list • Project / Sponsor Based Program - $6.5 million • 257 – project/sponsor units FY13 DHCD Consolidated RFP • 17 – project based DBH assisted units • 100 – project/sponsor for FY14 DHCD Consolidated RFP 04/17/14 DCHA Budget Overview

  6. Local Rent Supplement Program - $3 million project / sponsor based - $1 million tenant based (seniors)Public Safety- Continued support of public safetyDC Local - Continued support of existing households FY 2015 Local Budget Overview Mayor’s Proposed Budget 04/17/14 DCHA Budget Overview

  7. Local Rent Supplement ProgramOccupancy and Unit Data 04/17/14 DCHA Budget Overview

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