potential hud funding opportunities william g. vasquez director office of community planning and...
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Potential HUD Potential HUD Funding Funding OpportunitiesOpportunities
William G. VasquezDirectorOffice of Community Planning and Development (CPD)Los Angeles Field Office
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CPD Funding Opportunities CPD Funding Opportunities for Non-profit Developersfor Non-profit Developers
GreetingsHUD - CPDMissionOverview of CPD Programs
◦Formula/Entitlement◦Competitive◦Stimulus
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Our MissionOur Mission
Increase homeownershipSupport community development
Increase access to affordable housing free from discrimination
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The Formula ProgramsThe Formula Programs
4 formula/entitlement programs: CDBG, HOME, ESG, HOPWA
Funds awarded based on statistical variables
Amount determined by degree of variable and annual HUD budget
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CDBGCDBG
Community Development Block Grant Program◦CPDs flagship program◦Bricks & mortar◦Social services◦Economic developmentActivities must benefit those @<80%
AMI
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CDBG-CttTCDBG-CttT
Funds vary by localityFunds & activities controlled by
local discretionAcquisition/Rehabilitation OKNew housing construction eligible
by CBDO onlyRental subsidies ineligible
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HOMEHOME
HOME Investment Partnerships Act Program [HOME is not an acronym]
Housing◦Build◦Own◦Rehabilitate◦Tenant-based rental assistance
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ESGESG
Emergency Shelter Grant Program◦Outreach◦Short term housing assistance◦Rehabilitation & operation of shelters
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HOPWAHOPWA
Housing Opportunities for Persons with AIDS
Housing and related services
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Competitive ProgramsCompetitive Programs
Special Needs Assistance Programs
Awarded by competitive criteria published in annual notice
3 primary programs◦SHP – Supportive Housing Program◦S+C – Shelter Plus Care◦SRO Mod Rehab
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SNAPs cont’dSNAPs cont’d
All must serve homeless personsLengths of stay depends on
programCan:
◦Provide services◦Permanent or transitional housing◦project or tenant based◦Target specific populations
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SNAPs/SRO Mod Rehab SNAPs/SRO Mod Rehab [CttT][CttT]
10 yr Rental subsidies for SRO unitsSome rehab compensated for in
subsidyHUD contracts w/local PHA [who
contracts w/private landlady]HUD pays difference between tenant
rent [30% of income] and unit rent @ FMR + adjustment for rehab
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Stimulus Programs @ HUDStimulus Programs @ HUD
Neighborhood Stabilization Program◦Formula & competitive programs
Homeless Prevention and Rapid Re-Housing
CDBG-R
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Recovery Recovery Grantees/FundingGrantees/Funding
Program Number of Grantees
Funding Level
CDBG-R 103 $79,860,258
HPRP 51 $101,082,423
NSP 29 $79,970,328
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NSP 1 [formula] & 2 NSP 1 [formula] & 2 [comp][comp]
Works with inventories of foreclosed on homes
Competitive program same, opens competition up to non-profit organizations
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The 5 NSP ActivitiesThe 5 NSP Activities
◦ A. Financing mechanisms for purchase & redevelopment of foreclosed residential properties
◦ B. Buy & rehab residential properties abandoned/foreclosed, to sell, rent, or redevelop [acquisition, disposition, relocation, direct ownership assistance, rehabilitation, counseling];
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Five activities cont’d.Five activities cont’d.
C. Land banks for homes foreclosed on [hold up to 10 years/or until reentry into market “on their own”; can maintain properties {responsibly, but frugally}];
D. Demolish blighted structures; and E. Redevelop demolished or vacant
properties [includes acquisition, disposition, public facilities; new construction, relocation].
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NSP - CttTNSP - CttT
Any of the 5 activities can work for the non-prof development community
NSP requires 25% of given allocation to reach those at or below 50% AMI◦Niche market for developers◦City’s will be challenged to meet req◦Timing & coordination issues◦Existing pipeline projects
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HPRPHPRP
A] Rental assistance no> 18 mosB] Relocation & stabilization
servicesC] Data collection/evaluationD] Administrative costsAll to those homeless or at risk of
becoming homeless
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CDBG-RCDBG-R
CDBG-R: similar to CDBG program but necessary nexus between activity and economic crisis & recovery
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CDBG-R - CttTCDBG-R - CttT
Similar to CDBG, butAdditional constraints
◦Short expenditure time-frames◦City’s in a hurry to both ID projects
and spend funds◦Cannot wait pending other agency
decisions on applications◦All funds must be spent by 9/2012
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TipsTips
◦ No council support, no project◦ No project ever at any time in some
areas◦ HUD funds are the crucial source of
“other funding sources” as others don’t exist
Information out there, hard to get toMust know local government structure
and players