1 / 27

American Recovery and Reinvestment Act

American Recovery and Reinvestment Act. Housing & Homeless Programs In North Carolina. Total ARRA. $787 Billion Tax Relief $225 Billion: to States $100 Billion: to federal agencies/ competitive grants. Objectives. Stabilize State Budgets Create Jobs Safety Net.

shae
Download Presentation

American Recovery and Reinvestment Act

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. American Recovery and Reinvestment Act Housing & Homeless Programs In North Carolina

  2. Total ARRA • $787 Billion • Tax Relief • $225 Billion: to States • $100 Billion: to federal agencies/ competitive grants

  3. Objectives • Stabilize State Budgets • Create Jobs • Safety Net

  4. How do funds come to the state? • Direct payment to individuals • State Stabilization • Formula Allocation • Federal Agency • Competitive Grants • Public • Private

  5. Purpose-driven distributionversusPlace-driven distribution

  6. One-time funds • Up to 3 years • Timelines to be met

  7. Transparency • Efficiency • Accountability

  8. Merit Selection Competitive Process Risk Analysis Compliance OMB Direction Federal Oversight

  9. Housing & Homeless Programs • HUD • Energy • IRS • Homeland Security

  10. Public Housing Authorities (PHAs) • All PHA monies come from the U.S. Department of Housing & Urban Development (HUD) • Public Housing Capital Funds • Money to fund capital improvements already identified in the PHAs 5 year plan • $89.4M is formula grant • 99 contracts between HUD and N.C. PHAs • ¼ of the federal allocation (~$1B) is competitive

  11. Public Housing Authorities • Project Based Housing Vouchers • $83.4M • HUD has 101 N.C. contracts • Assistance to housing complexes that currently receive project-based Section 8 • HUD doesn’t really think of this as recovery funding, but it does get reported as recovery funding

  12. Weatherization • U.S. Department of Energy • Administered at the state level by the Office of Energy with the Department of Commerce, but still physically housed at the Office of Economic Opportunity within Health and Human Services • $131,954,536 • Funds will go to Community Action Agencies, Nonprofits and Local Governments that are already implementing weatherization programs • Funds are targeted to low-income residents • Homeowners • Renters • Homeless shelters

  13. Tax Credit Assistance Program • Administered by the U.S. Department of Housing and Urban Development • Administered at the state level by the Housing Finance Agency • $52.1 M • Will assist with tax-credit projects that have cash-flow difficulties because of reduction in syndicators able to purchase tax-credits.

  14. Neighborhood Stabilization Program • Administrated by U.S. Department of Housing and Urban Development • Funds used to stabilize neighborhoods that are in trouble due to high rates of foreclosure and/or abandoned properties. • Competitive • Division of Community Assistance submitted an application, we hope to hear results in early December

  15. Domestic Violence Transitional Housing • Administered by the U.S. Department of Justice • Applicants are local domestic violence programs • NC received $1,491,722 • Mecklenburg County • Youth Focus in Greensboro • Durham Crisis Response Center

  16. Native American Housing Block Grant • Administered by U.S. Department of Housing and Urban Development • Formula Portion • $6.5 M for 5 tribes in N.C. • Also competitive portion • No NC tribes funded

  17. Lead Paint Hazard Reduction • Administered by U.S. Department of Housing and Urban Development • $ for communities who were eligible for 2008 awards but did not receive due to limited funding • Charlotte - $2.9 M • Greenville - $1.9 M

  18. Community Development Block Grant • Administered by U.S. Department of Housing and Urban Development • Administered at the state level by Division of Community Assistance within the Department of Commerce • $12M for non-entitlement communities • Contracts going out any minute • In addition, 25 entitlement communities receive $6.9 M

  19. Assisted Housing Stability & Green & Energy Retrofit • Administered by U.S. Department of Housing & Urban Development • Competitive • For projects funded by • Section 8 – project based • Section 811 • Section 202

  20. Emergency Food and Shelter Program • Administered by U.S. Federal Emergency Management Administration (FEMA) • $3.8 M goes directly to local FEMA boards • Funds can be used for emergency food, shelter

  21. Homelessness Prevention and Rapid Re-Housing • Administered by the U.S. Department of Housing and Urban Development • A new program, not previously funded • $7M to 7 entitlement communities • $22M to non-entitlement communities

  22. Eligible Activities • Preventing Homelessness among households that are in a very unstable housing situation • Diverting households away from shelters and stabilizing them in secure permanent housing • Rapidly Re-Housing households already experiencing homelessness

  23. How funds can be spent • Housing search activities • Housing stabilization activities • Flexible Financial Assistance

  24. Where HPRP is available

  25. Where HPRP is available: State-funded Organizations

  26. Where HPRP is available: HUD-funded Entitlement areas Charlotte Raleigh Durham Greensboro Winston-Salem Fayetteville Wake Asheville

  27. Contact Information Martha Are Office of Economic Recovery and Investment MSC 20308 Raleigh, NC 27699-0308 919-733-1523 martha.are@nc.gov

More Related