Agenda Items Investing in Affordable Housing for Ontario 2014 Extension (IAH-E) Program Overview NRH Request for Proposal Overview Review of Submission Forms Affordable Rental Housing Need in Niagara Q & A
IAH-E Program Overview 75%* of eligible costs or up to $150,000* per unit in funding Forgivable loan registered on title in 2 nd position NRH has flexibility to set local rules and priorities Focus on Seniors, persons with disabilities Supportive housing Use of apprentices or apprenticeship programs Long term financial viability
Important Dates May 1, 2015 at 12noon – RFP Submission deadline July 2, 2015 Council Approval of Recommended Projects Summer 2015 – Conditional Letters of Commitment from MMAH November 18, 2015 - Deadline for signing CA Ownership of land before November 2015 CA registered on title March 18, 2016 – Deadline for Construction start
RFP Overview Read all sections and review all submission forms Don’t forget to include all Forms #1-14 (name, signature, date as required) Copy of Proof of Incorporation Document any partnerships with letters or agreements Talk to your local planners!
Lincoln (Beamsville) Fort Erie Niagara Falls NOTLPelham Port Colborne Grimsby West Lincoln (Smithville) St. Catharines Thorold Wainfl eet Welland Total Waiting List 39668321951431815622052102984483 1263 Seniors1512778091431811641651351001281 449 No Dependents140238713 2421539817 450 With Dependents 105168673 15625721002195 364 CHR - Chronological 36060819601171405321781702767407 1172 MKT - Market 3675235264130274021776 91 SPP – Special Priority 15640 776558 17 URG – Urgent 81443 22 1702 31 HML – Homeless 5487267141781271736746 133 SUP - Supportive 49 21 Bachelor 106231 367 171 1 Bedroom29150414661431814041821231940246 889 2 Bedroom68119448 1021766587156 200 3 Bedroom5443276 611237423105 149 4 Bedroom 41122 26 196 83 5 Bedroom 63 84 38 NRH Waitlist by City, Priority and Bedroom Size
Tenant Eligibility All proposed tenants have to meet NRH eligibility to be on our waitlist (see www.nrh.ca for more details)www.nrh.ca At least 16 years of age At or below the annual maximum Household Income Limits (HILs) – see RFP Documentation on tenant files (may be subject to audit) No annual income reviews required (just verification of initial incoming HIL)
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