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Department of Community Affairs

Department of Community Affairs. “Partnering with communities to help create a climate of success for Georgia’s families and businesses .”. September 26, 2014. Data-Based Decisions. Green Building Outcome Data. Evaluating QAP and Green Standards

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Department of Community Affairs

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  1. Department of Community Affairs “Partnering with communities to help create a climate of success for Georgia’s families and businesses.” • September 26, 2014

  2. Data-Based Decisions

  3. Green Building Outcome Data • Evaluating QAP and Green Standards • Goal: Better Decision-making and Understanding of Benefits • Specifically, How Tenants are Benefiting • Other Stats: Jobs Created, Number of Green-energy Units • Possible Sources of Energy Data • Partnership with Property Managers • Up-front Permission from Tenants to Gather Utility Data

  4. ACTION Coalition Fact Sheets • National Council of State Housing Agencies’ 2012 Factbook and HUD’s National Low Income Housing Tax Credit Database • Impact Multipliers from the National Association of Home Builders • Georgia Stats • 143,997 Homes • 162,717 Jobs • $15.51 Billion in Local Income Generated • $6.11 Billion in Tax Revenue Generated

  5. Major Initiatives

  6. Prisoner Re-entry (GA-PRI) • A Top Initiative of Governor Deal • Goal: Safer Neighborhoods and Better Citizens • Roll-out: Atlanta, Augusta, Columbus, Macon, and Savannah • DCA Effort in Removing Barriers to Housing: • GeorgiaHousingSearch.org Training • Re-entry Housing Partnership Program • Partnership with Department of Juvenile Justice • Helping End Discharge of Institutionalized Individuals into Homeless Shelters

  7. GA State Health Impact Assessment (HIA) • Georgia Health Policy Center at Georgia State University • Goal: Maximize Potential Public Health Benefits in the QAP • Combining: • Scientific Data • Public Health Expertise • Stakeholder Input

  8. LIHTC Properties by Demographic Cluster (2004-2013)

  9. Community Reinvestment Act (CRA) • The September 10 Notice to Amend CRA Guidance Encourages: • Renewable Energy and Communication Infrastructure Lending in a Community Development Environment • Lending in Areas Targeted for Redevelopment by Governments • Results-Oriented Focus on Outcomes, Not Just Outputs

  10. DCA Impact

  11. DCA LIHTC Properties funded in last five years.

  12. Rural Projects

  13. 2014 Scoring Report Drew Swope

  14. 2014 Urban vs. Rural applications-32 Urban-25 Rural

  15. 2014 Project Cost 2014 Projects split by costs below and above the mean.-32 Above-25 Below

  16. Application Evaluation & QAP Development Laurel Hart

  17. Strategy and Review • Objective Review Process • Six Working Groups Divide Threshold and Scoring Sections • Strategies and QAP • Quality Review Rounds • Clarifications • Announcements

  18. QAP Development • Eight Meetings and Listening Sessions • One Public Hearing • Internal Strategic Working Groups • DCA Retreat • Tentative Draft Date: October 6th, 2014

  19. 2015 QAP Hot Button Issues Laurel Hart

  20. Hot Button Issues • Credit Pricing • Cost Limits • Fair Housing • HOME Consents • RAD/Public Housing • Rural/Urban Set Aside

  21. Total Development Cost Limits • NCSHA Guidance 2012 • Cost Limits haven’t been updated in several years, despite rising construction costs • Geographic Variables

  22. HOME Consents • Determining Project Need • Offering Opportunities to New HOME Recipients • HOME Scoring • Less HOME Money in 2015

  23. Affirmatively Furthering Fair Housing (AFFH) • Olmstead Actions: Integrated Housing; CMS Rule • Minority Concentration Areas: PRRAC Lawsuit • AFFH Proposed Rule: Application to LIHTC • RAD: Parallel Goal of De-concentrating Poverty • HUD Tenant Data: Demographic Data

  24. Rural Assistance Demonstration (RAD) • DCA Support of a Multi-Site Bond Program • Goal: Gain Efficiencies with a Larger 4% LIHTC and Tax-exempt Bond Transaction • Modified DCA Underwriting and Design Criteria • Program Roll-out in October • Georgia Program to Serve as a Model

  25. Rural/Urban Set Aside • Increasing Rural Tax Credit Set Aside • Clarifying Rural Areas in MSAs • Crafting the QAP to Meet Needs of Rural Communities • Providing Housing in Rural Communities Experiencing Economic Development

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