430 likes | 556 Views
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
E N D
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 HUD State of Wisconsin Developers/CHDOs $ $ $
HOME RHD Applications • *2012 Appropriations bill and HOME Final Rule 7/2013
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
HOME RHD Applications • We want new developers to explore HOME funding!
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
WHIM • Mapping a variable: Counties
WHIM • Mapping a variable: Census tracts
WHIM • Mapping other variables
WHIM • Mapping variables: Zooming in
WHIM • Mapping variables: Zooming in
WHIM • Mapping variables: Zooming in
WHIM • Mapping variables: Targeted % of CMI
WHIM • Mapping variables: Targeted % of CMI
WHIM • Mapping variables: Shelters
WHIM • Mapping variables: Query tool
WHIM • Mapping variables: Query tool
WHIM • Mapping variables: Query tool
WHIM • Downloads
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
Regularly check the DOH website to ensure you are using the most current forms!
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
HOME RHD COMPLIANCE We are here to trouble shoot and provide solutions
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
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)
HOME RHD Monitoring Project completion 3 years 3 years
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
HOME RHD Monitoring • Use Excel or other software to calculate % of CMI for all HOME unit households % of CMI Calculation
HOME RHD Monitoring HOME is moving to UPCS inspection standards Remember to give tenants notice of entry!
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