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HOME RHD Application, Compliance and Monitoring

HOME RHD Application, Compliance and Monitoring. HOME RHD Applications. HOME RHD Funding Process Amount Timetable Threshold criteria Scoring criteria Getting started. HOME RHD Applications. HOME RHD has funding for low-income rental housing in Wisconsin! . Per project

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HOME RHD Application, Compliance and Monitoring

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  1. HOME RHD Application, Compliance and Monitoring

  2. HOME RHD Applications • HOME RHD Funding • Process • Amount • Timetable • Threshold criteria • Scoring criteria • Getting started

  3. HOME RHD Applications HOME RHD has funding for low-income rental housing in Wisconsin! Per project HUD  State of Wisconsin  Developers/CHDOs $ $ $

  4. HOME RHD Applications

  5. HOME RHD Applications

  6. HOME RHD Applications

  7. HOME RHD Applications • *2012 Appropriations bill and HOME Final Rule 7/2013

  8. HOME RHD Applications

  9. HOME RHD Applications • Scoring items: 100 possible points Number of 30% HOME units OR Number of HOME units for homeless populations with services OR Number of HOME units for supportive housing/section 811 units (non-homeless): maximum 40 points • Energy efficiency and sustainable features: maximum 10 points • HOME $/HOME unit: maximum 20 points • Resource conservation • Green building standards • Energy star appliances • Preservation of any subsidized property, including at least $20k/HOME unit of rehab: 20 points • > 50% visitable HOME units: 10 points

  10. HOME RHD Applications • We want new developers to explore HOME funding!

  11. HOME RHD Applications • WHIM • UW-Madison Applied Population Lab • mapping and analysis tool • Unemployment • Area housing age • Income • Poverty • Rental and owner-occupied • housing costs • Contact Wisconsin DOH for software access

  12. WHIM • Mapping a variable: Counties

  13. WHIM • Mapping a variable: Census tracts

  14. WHIM • Mapping other variables

  15. WHIM • Mapping variables: Zooming in

  16. WHIM • Mapping variables: Zooming in

  17. WHIM • Mapping variables: Zooming in

  18. WHIM • Mapping variables: Targeted % of CMI

  19. WHIM • Mapping variables: Targeted % of CMI

  20. WHIM • Mapping variables: Shelters

  21. WHIM • Mapping variables: Query tool

  22. WHIM • Mapping variables: Query tool

  23. WHIM • Mapping variables: Query tool

  24. WHIM • Downloads

  25. HOME RHD COMPLIANCE

  26. HOME RHD COMPLIANCE • Project Set-Up, Payment Request, Completion Reports: Used during the construction/rehab phase • RHD Data Compliance Report: • due December 21st each year • Inservice Report: due April 21st • each year

  27. Regularly check the DOH website to ensure you are using the most current forms!

  28. Set-up is used to identify key aspects of the project such as total anticipated costs and sources of funds, this is completed prior to the first payment request. • Payment requests must be accompanied by back-up documentation justifying the expenses. The number of payment requests will be identified in your contract. • Completion report is done when the HOME units are fully leased and you may draw your remaining 5%. This reviews final sources of funds and provides us with tenant information. HOME RHDCOMPLIANCE DURING CONSTRUCTION/REHAB • Project Set-Up • Payment Requests • Completion Reports

  29. HOME RHD COMPLIANCE

  30. HOME RHD COMPLIANCE We are here to trouble shoot and provide solutions

  31. HOME RHD COMPLIANCE

  32. HOME RHD COMPLIANCE Actual % of CMI (The tricky one!) CMI = “County Median Income” HUD prints income limits by state, county, and household size annually • Take the HUD listed 50% income limit (listed as “very low income” limit) for your county and the appropriate household size • Double that income limit and divide by the household’s income Income = Household % CMI 100% CMI

  33. HOME RHD COMPLIANCE Actual % of CMI (The tricky one!) Step 1: $23,450 * 2 = $46,900 (or 100 % CMI) Step 2: $18,600/ $46,900 = 39.7 % CMI e.g. 2 person household in Bayfield County earns $18,600 per year OK for “Low unit” (<50% CMI) OK for “High unit” (<60% CMI) Too much for “Sub unit” (<30% CMI)

  34. HOME RHD Monitoring

  35. HOME RHD Monitoring

  36. HOME RHD Monitoring Project completion 3 years 3 years

  37. HOME RHD Monitoring

  38. HOME RHD Monitoring

  39. HOME RHD Monitoring

  40. HOME RHD Monitoring • Basic Rent Roll: Information that should be captured List put out by Housing Authority. Add numbers for all utilities the tenant pays on their own. Section 8 voucher + utility allowance + rent paid by tenant Amount paid by cash/check to landlord each month. The most you can charge for rent for a HOME unit. Includes the utility allowance Income for household

  41. HOME RHD Monitoring • Use Excel or other software to calculate % of CMI for all HOME unit households % of CMI Calculation

  42. HOME RHD Monitoring HOME is moving to UPCS inspection standards Remember to give tenants notice of entry!

  43. Questions? Kate Blood Program ManagerJoanna Balsamo-Lilien Kate.blood@wisconsin.govjoanna.balsamolilien@wi.gov 608.264.7838 608.264.7839 HOME RHD Division of Housing Department of Administration PO Box 7970 101 E. Wilson Ave. Madison, WI 53707-7970

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