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HOME Program Update National Community Development Association January 31, 2013

HOME Program Update National Community Development Association January 31, 2013. FY 2013 HOME Budget Picture. Status of FY 2013 Appropriations Senate Mark - $1.0 billion House Mark - $1.2 billion HOME provisions from FY 2012 Appropriation likely to be included in FY 2013 bill

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HOME Program Update National Community Development Association January 31, 2013

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  1. HOME ProgramUpdate National Community Development Association January 31, 2013

  2. FY 2013 HOME Budget Picture • Status of FY 2013 Appropriations • Senate Mark - $1.0 billion • House Mark - $1.2 billion • HOME provisions from FY 2012 Appropriation likely to be included in FY 2013 bill • Continuing Resolution through March • HOME allocations delayed • Possible sequestration

  3. HOME Rulemaking • Proposed Rule Published: December 16, 2011 • Public Comments Due: February 14, 2012 • HUD received 322 comments from individuals, HOME PJs, PHAs, public interest groups, housing developers, and nonprofit social service agencies. • Final rule has cleared HUD and is under review at OMB. • Expected Publication: March, 2013

  4. HOME Rulemaking • HUD is preparing for roll-out of the rule: • FAQs • Webinar Series • Classroom Trainings • HUD will be updating: • CPD Notices • Training Courses – including cert courses • Written TA Guides

  5. HOME FY 2012 Accomplishments • In FY 2012, 57,925 units completed (compared to 69,892 in FY 2011) • 28,779 rental units (39,162 in FY 2011) • 20,129 homebuyer units (21,593 in FY 2011) • 9,017 homeowner rehab units (9,137 in FY 2011) • 15,929 households assisted with TBRA (15,683 in FY 2011)

  6. IDIS System Improvements • Program income enhancements - May 2012 • Activity flags - May 2012: • Activities in final draw for more than 120 days • Activities with infrequent draws • Activities remaining open after fours years • PR49 Deadline Compliance Status Report - May 2012 • PJ and National Production Reports - 2013 • Enhanced search for HOME activities – 2013 • IDIS Help Desk moves to OneCPD “Ask a Question”

  7. Results of System Improvements Open activities in final draw decreased by 96 percent during FY 2012 from 6,994 to 296. Target was 50 percent.

  8. Results of System Improvements Open activities with infrequent draws decreased by 65 percent during FY 2012 from 3,801 to 1,334. Target was 55 percent.

  9. Results of System Improvements Open activities remaining open after four years decreased by 58 percent during FY 2012 from 2,206 to 933. Target was 10 percent.

  10. Results of System Improvements 1,908 activities were automatically cancelled during FY 2012 with $394 million becoming available to commit to new activities.

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