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Rental Subsidies

Rental Subsidies. Joselyn Pfliegier Community Initiatives Coordinator Missouri Housing Development Commission. Missouri Housing Trust Fund (MHTF). General Information Missouri Housing Trust Fund. The Trust Fund was created in 1994 to help meet the housing needs of very low-income households

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Rental Subsidies

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  1. Rental Subsidies

  2. Joselyn Pfliegier Community Initiatives Coordinator Missouri Housing Development Commission

  3. Missouri Housing Trust Fund (MHTF)

  4. General InformationMissouri Housing Trust Fund • The Trust Fund was created in 1994 to help meet the housing needs of very low-income households • Serve persons at or below 50% of area median income (AMI) with 50% of the funds must be used for persons at or below 25% AMI • Funded by the set-aside of $3 recording fees on all real estate documents filed in the state of Missouri

  5. MHTF Application OverviewFY 2014 • $3.8 Million for FY 2014 • Must apply annually • Grant year runs April 1 – April 30 • FY 2014 Application Due September 6, 2013 at 4:30pm • Application can be found at: http://www.mhdc.com/housing_trust_fund/index.htm

  6. MHTF Application OverviewFY 2014 - Timeline • NOFA/Application on MHDC Website: June 24, 2013 • Application Workshop (Columbia, MO):July 8, 2013 • Proposal Deadline: September 6, 2013 • Staff Recommendations: December 6, 2013 • Awards Notification: January 2014 • Funded Training: February 2014 • Grant Year Begins: April 01, 2014

  7. MHTF Application OverviewFY 2014 – Grant Types • Rental Assistance* • Operating Funds • Construction/Rehabilitation • Home Repair or Modifications • Emergency Assistance* *Offer rental subsidies

  8. Rental Assistance • Eligible Uses: • Rental Assistance • Current month’s rent only • Ongoing rental subsidy for permanent housing • Participants required pay 30% of gross income • 10% Administration Fee

  9. Emergency Assistance • Eligible Uses: • Rental Payments • Rental Deposits • Rental Arrears • 10% Administration Fee

  10. Application Submission • The deadline for application is September 6, 2013, 4:30 p.m. MHDC-Kansas City (no exceptions). • Hard-Copy Application • Submit original hard-copy of the application and all required supplemental documentation in a 1-inch, 3-ring, hard-covered binder. • Electronic Application • Submit the completed Excel application(.xlsx ONLY) to ci.applications@mhdc.com. Both a Hard Copy and Electronic version of the application must be submitted

  11. Housing First Program (HFP)

  12. General InformationHousing First Program • Established in 2011 by Community Initiatives Department • Serve persons at or below 50% of area median income (AMI) • Supported by Missouri Housing Development Commission Fund Balance

  13. What is Housing First? • Housing persons in crisis before other services or treatment begins (aka rapid re-housing) • Provides a link between housing and other services, but participation is strictly voluntary • Will provide support and assistance to those who are chronically homeless

  14. HFP Application OverviewFY 2014 • $420,000 for FY 2014 • Must apply annually • Grant year runs April 1 – April 30 • Application can be found at: http://www.mhdc.com/ci/hfp/index.htm

  15. Housing First Program • Eligible Uses: • Rental Assistance • Rental Deposits • Rental Arrears • 10% Administration Fee

  16. 2014 Funding Cycle Timeline • NOFA posted: June 24,2013 • Proposal deadline: September 6, 2013 • Commission review meeting: December 6, 2013 • Awards notification: January 2014 • Funding training: February 2014 • Contracts awarded: April 2014 • Deadline to disburse fund: April 30, 2015

  17. Application Submission • The deadline for application is September 6, 2013, 4:30 p.m. MHDC-Kansas City (no exceptions). • Hard-Copy Application • Submit original hard-copy of the application and all required supplemental documentation in a 1-inch, 3-ring, hard-covered binder. • Electronic Application • Submit the completed Excel application(.xlsx ONLY) to ci.applications@mhdc.com. Both a Hard Copy and Electronic version of the application must be submitted

  18. Contact Information Joselyn Pfliegier Community Initiatives Coordinator 3435 Broadway Kansas City, MO 64111 Phone: (816) 759-7228 Email: jpfliegier@mhdc.com

  19. Questions?

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