Affordable Housing Program Updates

1. Affordable Housing Program Updates NCDA Conference February 16, 2017 U.S. Department of Housing and Urban Development

2. Housing Trust Fund • Due date for submission of HTF allocation plans to HUD was 8/16 • As of 2/10/13, HUD had approved 38 plans and obligated 18 HTF grants • Amount available for FY 2017 formula allocations will be announced in April/May

3. Housing Trust Fund • Estimates of amount available vary. • Funds will be sufficient to provide statutory $3 million minimum for each State. • States should be planning for HTF administration, including the citizen participation process and HTF allocation plan development and submission.

4. HOME Budget • FY 17 Administration Request - $950m • New Legislative Proposals in Budget: • Eliminate 24-month commitment deadline • Eliminate 15% CHDO set-aside • House and Senate marks - $950 million • Continuing Resolution thru 4/28/17

5. HOME Six-Year Accomplishments

6. Commitment Deadline Elimination • Deadline no longer necessary because 2013 Rule established new deadlines for: • Project completion within 4 years • Rental unit occupancy within 18 months • Sale of homebuyer units within 9 months • FY 2002 and later HOME funds expire • Feinstein-Portman Amdt would suspend commitment (not CHDO) deadlines occurring during 2016, 2017, 2018, and 2019

7. All Commitment Deobligations

8. HOME Commitment Rule • Interim rule implementing grant-specific method for deadline compliance for FY 15 & later grants – published 12/3/2016 • CHDO set-aside measured grant-by-grant • Significant changes to treatment of PI & other funds in “local” HOME account • “Final” cumulative deadline for allocations through FY 14 on PJ’s FY 2015 deadline • Eliminated 5 year expenditure deadline

9. HOME Commitments • As of 1/31/17, total national shortfall: • FY 2015 Grants: $382.7 million • Cumulative: $288.2 million • TOTAL: $670.9 million • HUD Webinar 1/12/2016 – archived • Office Hours to be scheduled

10. 4-Year Project Completion Deadline • Established by 2012/13 HUD Approps. law & incorporated by rule • Requires repayment of HOME funds if project not completed by deadline • One-year exception authority: • 2012/13 Approps project – “circumstances beyond PJ’s control” • HOME rule projects – HUD assesses likelihood of project being completed in one year • PR 46 Flagged Activities report – lists flagged projects and those within 30/90 days of deadline

11. IDIS • IDIS Release 11.13 - March 2017 • Commitment interim rule changes • IDIS Release 11.14 - May 2017 • HTF eCon Planning Suite • FIFO completion

12. HOME Training • Building HOME – 4 live online deliveries with office hours in 2017 • OAHP developing “E-Building HOME” – an interactive, web-based training tool For updated info on HOME, visit: www.hudexchange.info/home Sign up for HOME listserv at: www.hudexchange.info/mailinglist/

13. Violence Against Women Act (VAWA) Final Rule implementing 2013 VAWA Reauthorization Act – 11/16/16 Provides protections for victims Establishes notification requirements HOME PJs must develop and implement Emergency Transfer Plans by June 14, 2017.

14. Housing Counseling Rule Final Rule implementing Dodd-Frank counseling requirements published 12/14/16 Housing counseling provided in connection with HUD programs can only be provided by certified housing counselors employed by approved Housing Counseling organizations Certification required within 36 months of date that certification examination becomes available Applies to all HOME & HTF homeownership units & any rental counseling provided