Potential HUD Potential HUD Funding Funding OpportunitiesOpportunities

William G. VasquezDirectorOffice of Community Planning and Development (CPD)Los Angeles Field Office

CPD Funding Opportunities CPD Funding Opportunities for Non-profit Developersfor Non-profit Developers

GreetingsHUD - CPDMissionOverview of CPD Programs

◦Formula/Entitlement◦Competitive◦Stimulus

Our MissionOur Mission

Increase homeownershipSupport community development

Increase access to affordable housing free from discrimination

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

CDBGCDBG

Community Development Block Grant Program◦CPDs flagship program◦Bricks & mortar◦Social services◦Economic developmentActivities must benefit those @<80%

AMI

CDBG-CttTCDBG-CttT

Funds vary by localityFunds & activities controlled by

local discretionAcquisition/Rehabilitation OKNew housing construction eligible

by CBDO onlyRental subsidies ineligible

HOMEHOME

HOME Investment Partnerships Act Program [HOME is not an acronym]

Housing◦Build◦Own◦Rehabilitate◦Tenant-based rental assistance

ESGESG

Emergency Shelter Grant Program◦Outreach◦Short term housing assistance◦Rehabilitation & operation of shelters

HOPWAHOPWA

Housing Opportunities for Persons with AIDS

Housing and related services

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

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

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

Stimulus Programs @ HUDStimulus Programs @ HUD

Neighborhood Stabilization Program◦Formula & competitive programs

Homeless Prevention and Rapid Re-Housing

CDBG-R

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

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

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];

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].

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

HPRPHPRP

A] Rental assistance no> 18 mosB] Relocation & stabilization

servicesC] Data collection/evaluationD] Administrative costsAll to those homeless or at risk of

becoming homeless

CDBG-RCDBG-R

CDBG-R: similar to CDBG program but necessary nexus between activity and economic crisis & recovery

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

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