HOME RHD Application, Compliance and Monitoring

HOME RHD Application, Compliance and Monitoring

HOME RHD Applications • HOME RHD Funding • Process • Amount • Timetable • Threshold criteria • Scoring criteria • Getting started

HOME RHD Applications HOME RHD has funding for low-income rental housing in Wisconsin! Per project HUD  State of Wisconsin  Developers/CHDOs $ $ $

HOME RHD Applications

HOME RHD Applications • *2012 Appropriations bill and HOME Final Rule 7/2013

HOME RHD Applications

HOME RHD Applications • Scoring items: 100 possible points Number of 30% HOME units OR Number of HOME units for homeless populations with services OR Number of HOME units for supportive housing/section 811 units (non-homeless): maximum 40 points • Energy efficiency and sustainable features: maximum 10 points • HOME $/HOME unit: maximum 20 points • Resource conservation • Green building standards • Energy star appliances • Preservation of any subsidized property, including at least $20k/HOME unit of rehab: 20 points • > 50% visitable HOME units: 10 points

HOME RHD Applications • We want new developers to explore HOME funding!

HOME RHD Applications • WHIM • UW-Madison Applied Population Lab • mapping and analysis tool • Unemployment • Area housing age • Income • Poverty • Rental and owner-occupied • housing costs • Contact Wisconsin DOH for software access

WHIM • Mapping a variable: Counties

WHIM • Mapping a variable: Census tracts

WHIM • Mapping other variables

WHIM • Mapping variables: Zooming in

WHIM • Mapping variables: Targeted % of CMI

WHIM • Mapping variables: Shelters

WHIM • Mapping variables: Query tool

WHIM • Downloads

HOME RHD COMPLIANCE

HOME RHD COMPLIANCE • Project Set-Up, Payment Request, Completion Reports: Used during the construction/rehab phase • RHD Data Compliance Report: • due December 21st each year • Inservice Report: due April 21st • each year

Regularly check the DOH website to ensure you are using the most current forms!

Set-up is used to identify key aspects of the project such as total anticipated costs and sources of funds, this is completed prior to the first payment request. • Payment requests must be accompanied by back-up documentation justifying the expenses. The number of payment requests will be identified in your contract. • Completion report is done when the HOME units are fully leased and you may draw your remaining 5%. This reviews final sources of funds and provides us with tenant information. HOME RHDCOMPLIANCE DURING CONSTRUCTION/REHAB • Project Set-Up • Payment Requests • Completion Reports

HOME RHD COMPLIANCE We are here to trouble shoot and provide solutions

HOME RHD COMPLIANCE Actual % of CMI (The tricky one!) CMI = “County Median Income” HUD prints income limits by state, county, and household size annually • Take the HUD listed 50% income limit (listed as “very low income” limit) for your county and the appropriate household size • Double that income limit and divide by the household’s income Income = Household % CMI 100% CMI

HOME RHD COMPLIANCE Actual % of CMI (The tricky one!) Step 1: $23,450 * 2 = $46,900 (or 100 % CMI) Step 2: $18,600/ $46,900 = 39.7 % CMI e.g. 2 person household in Bayfield County earns $18,600 per year OK for “Low unit” (<50% CMI) OK for “High unit” (<60% CMI) Too much for “Sub unit” (<30% CMI)

HOME RHD Monitoring

HOME RHD Monitoring Project completion 3 years 3 years

HOME RHD Monitoring

HOME RHD Monitoring • Basic Rent Roll: Information that should be captured List put out by Housing Authority. Add numbers for all utilities the tenant pays on their own. Section 8 voucher + utility allowance + rent paid by tenant Amount paid by cash/check to landlord each month. The most you can charge for rent for a HOME unit. Includes the utility allowance Income for household

HOME RHD Monitoring • Use Excel or other software to calculate % of CMI for all HOME unit households % of CMI Calculation

HOME RHD Monitoring HOME is moving to UPCS inspection standards Remember to give tenants notice of entry!

Questions? Kate Blood Program ManagerJoanna Balsamo-Lilien Kate.blood@wisconsin.govjoanna.balsamolilien@wi.gov 608.264.7838 608.264.7839 HOME RHD Division of Housing Department of Administration PO Box 7970 101 E. Wilson Ave. Madison, WI 53707-7970

HOME RHD Application, Compliance and Monitoring

HOME RHD Application, Compliance and Monitoring

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