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CDBG OOR Application Training. Agenda Introduction of Real Estate Production Staff Review Application Package o Funding Round Timelines o Eligible applicants.

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Presentation on theme: "CDBG OOR Application Training. Agenda Introduction of Real Estate Production Staff Review Application Package o Funding Round Timelines o Eligible applicants."— Presentation transcript:

1 CDBG OOR Application Training

2 Agenda Introduction of Real Estate Production Staff Review Application Package o Funding Round Timelines o Eligible applicants o Eligible activities & program requirements o Threshold & Completeness o Scoring o Application forms o Application Submission Q&A Reminders Please mute your phones by using *1 Type in questions during the webinar. There will also be a Q&A session at the end of the presentation

3 Real Estate Production Staff Matt Rayburn, Chief Real Estate Development Officer Carmen Lethig, Real Estate Production Manager Jason Brozek, Real Estate Coordinator Regional Analysts: Northwest: Darin Edwards Northeast: Megan Coler Southwest: Jeff Hasser Southeast: Talisha Bradley Marion County: Alan Rakowski

4 Funding Round Timeline Round 1 May 2013 - Application Webinar June 28, 2013 - Application Due August 22, 2013 - Award Announcements September 2013 – Award Workshop

5 Eligible Applicants CDBG Cities, towns, or counties that are located within Indiana but outside of CDBG entitlement communities. ‐ Refer to the CDBG Policy for a complete listing of entitlement communities. ‐ Subrecipients Not-For-Profit 501 (c)3 or 501(c)4 corporations CHDO’s PHA’s Regional Planning Commissions Townships

6 ELIGIBLE APPLICANTS (CONT’D) CDBG Disaster OOR (CDBG-D) not-for-profit 501(c)3 501(c)4 organizations cities towns counties

7 PROGRAM REQUIREMENTS Owner-Occupied Repair (OOR) Beneficiary must: Own the property Be income eligible – annual income equal or less than 80% of Area Median Income Execute Duplication of Benefits 24 CFR Part 570 2 Inspections Completion of documented scope of work Upon completion of construction 2 Public Hearings 10% match/leverage requirement Environmental Review Record (ERR) Proof of Property Insurance Competitive Procurement Procedures

8 PROGRAM REQUIREMENTS (CONT’D) Address Lead Based Paint (24 CFR Part 35) Uniformed Relocation Act (URA) Requirements Demonstrate action to affirmatively further fair housing Section 3 – if award is over $200,000 Recorded Lien and Restrictive Covenant Agreement Amount of CDBG or CDBG-D subsidy per unitAffordability Period Under $5,0001 year $5,000.01 - $10,000.002 years Over $10,000.003 years

9 ELIGIBLE REPAIRS

10 SUBSIDY / AWARD LIMITATIONS Maximum Grant Request Amount: $350,000 per application Per Unit Subsidy = $25,000 maximum Program delivery + Administration + ER = Cannot exceed 20% of CDBG Award

11 COMPLETENESS & THRESHOLD Completeness Answer the following questions prior to submitting your application: Is every question answered? Are all required signature pages signed? Was the Application Form uploaded to the FTP site by the due date? Are all required Tab Attachments uploaded to the FTP site by the due date? Was a hard copy of the Application Form with original signatures sent to IHCDA by the due date?

12 COMPLETENESS & THRESHOLD (CONT’D) Threshold Application Cover Page Application Summary Project Narrative Leverage Sources and Uses Project Characteristics Readiness Capacity Financing Unique Features & Partnerships **A list of required documentation associated with each threshold item can be found on pages 14-19 of the application policy.

13 SCORING Scoring CategoryPossible Points Project Characteristics50 Readiness10 Capacity30 Financing10 Unique Features & Partnerships10 Completeness Bonus5 Total Possible Points115

14 SUBMITTING APPLICATION The applicant must submit the following items to IHCDA’s Real Estate Department Coordinator: Via FTP site: ‐ One completed copy of the final application forms ‐ All supporting documents required in the tabs Via hard copy: ‐ One completed copy of the final application forms with original signatures All required application items are due no later than 5:00 p.m. date. Applications received after the deadline will be returned to the applicant via certified mail. Faxed applications will not be accepted. The hard copy of the final application forms should be sent to: Indiana Housing and Community Development Authority ATTN: Real Estate Department Coordinator RE: CDBG OOR Application 30 South Meridian Street, Suite 1000 Indianapolis, IN 46204

15 Application Submission Via FTP Site

16 1. EMAIL IHCDA WITH CONTACT INFO Jason Brozek SIP@ihcda.in.gov Include: Full Name Email Preferred Password Project Name

17 2. IHCDA WILL ASSIGN YOU A USERNAME GIVEN IN A CONFIRMATION EMAIL. *If there is an issue, email SIP@ihcda.in.gov. Do not reply to welcome email. SIP@ihcda.in.gov

18 3. CLICK ON THE LINK IN THE EMAIL AND LOGIN USING YOUR USERNAME IN THE EMAIL AND PASSWORD YOU SELECTED

19 4. YOUR INITIAL SCREEN SHOULD INCLUDE A FOLDER CREATED FOR YOU AT THE TOP OF THE SCREEN WITH THE PROJECT’S NAME.

20 5. BEGIN TO UPLOAD FILES FOR YOUR APPLICATION BY CLICKING THE UPLOAD FILE BUTTON.

21 6. CHECK THAT ALL OF THE APPLICATION DOCUMENTS HAVE BEEN UPLOADED AND EXIT.

22 THANK YOU! Questions?


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