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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/19/2013 - PUBLIC HEARING AND RESOLUTION 2013-095 APPROVING TAgenda Item 10 Item # 10 Page 1 AGENDA ITEM SUMMARY November 19, 2013 City Council STAFF Sharon Thomas, CDBG/HOME Program Administrator SUBJECT Public Hearing and Resolution 2013-095 Approving the Programs and Projects that will Receive Funds from the Federal Community Development Block Grant and HOME Investment Partnership Programs and the City's Affordable Housing Fund. EXECUTIVE SUMMARY The purpose of this item is to approve the programs and projects recommended for funding to complete the 2013 Fall Competitive Process allocating City financial resources to affordable housing and community development activities utilizing funds from the federal Community Development Block Grant (CDBG) program, the HOME Investment Partnership (HOME) program and the City's Affordable Housing Fund (AHF). STAFF RECOMMENDATION Staff recommends adoption of the Resolution. BACKGROUND / DISCUSSION Resolution 2013-095 establishes which programs and projects will receive funding with Community Development Block Grant (CDBG), HOME Investment Partnership (HOME) and Affordable Housing Fund (AHF) dollars for the Fiscal Year 2013 program year which began on October 1, 2013. A combined total of $1,114,166 was available for funding in the fall cycle. The CDBG Commission presents to the City Council a list of recommendations as to which programs and projects should receive funding. The following table summarizes the total amount and sources of available CDBG, HOME and AHF funds for distribution during the 2013 fall cycle of the Competitive Process: Available Funding AMOUNT FUNDING SOURCE $100,000 FY 2013 CDBG Entitlement Grant Spring Cycle Carryover $469,033 FY 2013 HOME Participating Jurisdiction Grant $232,086 FY 2013 HOME Program Income $313,047 FY 2013 Affordable Housing Fund $1,114,166 Total Available Funding FINANCIAL / ECONOMIC IMPACT The Community Development Block Grant (CDBG) Program, and the Home Investment Partnership (HOME) Program provide federal funds from the Department of Housing and Urban Development (HUD) to the City of Fort Collins. These monies can be allocated to housing and community development related programs and projects, thereby reducing the demand on the City’s General Fund budget to address such needs. The total amount of CDBG funds available for allocation for the fall cycle of the Competitive Process is $100,000 and $701,119 from HOME funds. The City’s General Fund contributes $313,047 of Affordable Housing Fund dollars for the fall cycle of the Competitive Process. Agenda Item 10 Item # 10 Page 2 Through the provision of affordable housing, more of Fort Collins’ work force can reside within the community. This means there is an available labor pool within the city, which is a positive benefit to economic sustainability. ENVIRONMENTAL IMPACTS Affordable housing programs help provide for a healthy environment. By offering affordable housing options for lower income people, more of Fort Collins’ work force can live in the community instead of being forced to live outside the community and commute into the city for work. This helps reduce traffic congestion and, thus improves air quality. Affordable housing developers, including for-profit and non-profit agencies, are utilizing green building practices in both new construction and major rehabilitation of existing housing unit projects. All affordable housing projects utilizing CDBG and HOME funds are required to pass a HUD Environmental Review which covers such items as noise impacts, floodplains, hazardous materials, etc. BOARD / COMMISSION RECOMMENDATION The CDBG Commission presents recommendations as to which programs and projects should receive funding from the available funding sources presented above. The following tables present the allocations recommended by the Commission to the City Council within each major category: Affordable Housing Category APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSION’S RECOMMENDATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED HO-1 City of Fort Collins: Homebuyer Assistance Program - AHF $100,000 $100,000 $0 100% HO-2 City of Fort Collins: Homebuyer Assistance Program - HOME $100,000 $100,000 $0 100% HO-3 CARE Housing: Provincetowne Phase II $375,000 $0 $375,000 0% HO-4 Housing Authority of Loveland: Larimer Home Improvement Program $30,000 $30,000 (Grant) $0 100% HO-5 Housing Catalyst: Cunningham Corner Rehab $887,842 $849,651 $38,191 96% HO-6 JAG Properties: Acquisition of Six-Plex $250,000 $0 $250,000 0% HO-7 Neighbor to Neighbor: Coachlight Plaza $34,515 $34,515 $0 100% Affordable Housing Total $1,777,357 $1,114,166 $663,191 62% All funding recommendations in the Affordable Housing category are in the form of a “Due on Sale Loan + 5% Simple Interest” unless noted as a grant. Packet Pg. 155 Agenda Item 10 Item # 10 Page 3 Public Facility Category APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSIONER’S RECOMMENDATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED PF-1 Crossroads Safehouse: Roof Project $50,000 $0 $50,000 0% PF-2 Respite Care: Basement Lift System $50,000 $0 $50,000 0% Public Facility Total $100,000 $0 $100,000 0% The CDBG Commission has recommended all (100%) of the available funding amount of $1,114,166 be allocated. Because there are not enough funds available to fund all proposals, the Commission has recommended that the two public facility proposals receive $0 funding, citing affordable housing as a priority over these much needed projects. Of the five affordable housing proposals being funded, four are recommended for full funding, and the fifth (Housing Catalyst: Cunningham Corner Rehab) is receiving a recommendation for funding at 96% of the request. The justifications for the CDBG Commission’s recommendations can be found in Attachment 5. PUBLIC OUTREACH HUD regulations require a 30-day public comment period on the proposed allocation of CDBG and HOME funds as recommended by the CDBG Commission. Staff placed an ad in the Coloradoan newspaper presenting the list of recommended funding for programs/projects and indicated the public comment period would begin on October 21, 2013, and end on November 19, 2013. The ADA and Title VI compliant notice was also posted on the Social Sustainability web site and with four partner agencies in Fort Collins. To date, no public comments have been received. ATTACHMENTS 1. : Background Summary of Recommendations (PDF) 2. : Competitive Process Background (PDF) 3. : Affordable Housing Board Recommendations (PDF) 4. : CDBG-HOME Background (PDF) 5. : CDBG Commission Deliberations (PDF) 6. : Powerpoint presentation (PDF) Packet Pg. 156 Attachment 1 BACKGROUND AND SUMMARY OF CDBG COMMISSION’S RECOMMENDATIONS FOR FUNDING At the November 19, 2013, regular City Council Meeting, the Council will be conducting a public hearing and considering the adoption of a Resolution establishing which programs and projects will receive funding in the fall Competitive Process. Available funding comes from the Community Development Block Grant (CDBG), HOME Investment Partnership (HOME) and the City’s Affordable Housing Fund (AHF) for the FY 2013 program year, which began on October 1, 2013. The Resolution establishing which programs and projects will receive funds represents the culmination of the fall cycle of the Competitive Process. The City’s Competitive Process funding was approved in January 2000 by the Council for the allocation of the City’s financial resources to affordable housing programs/projects and community development activities. Additional background material about the Competitive Process is included in Attachment 2. Since early July of this year, the CDBG Commission and members of the City Affordable Housing and Human Services Program team have conducted public hearings to assess community development and housing needs in Fort Collins. Staff conducted technical assistance training workshops for applicants, and solicited applications for funding. The City’s Affordable Housing Board reviewed the written applications for affordable housing projects and presented their comments on the proposals to the CDBG Commission. See Attachment 3 for a copy of the Board’s priority rankings from their September 19, 2013 special meeting. The CDBG Commission, in addition to reviewing the written applications, personally interviewed each applicant during the verbal presentations, analyzed the applications, and formulated a list of recommendations to the City Council as to which programs and projects should receive funding. The Commission also considered the funding guidelines contained in the Affordable Housing Strategic Plan 2010-2014 report adopted by the Council in July 2010. Based on the most significant affordable housing need, four goals have been identified and prioritized as: 1) Increase the inventory of affordable rental housing units 2) Preserve existing affordable housing units 3) Increase housing and facilities for people with special needs 4) Provide financial assistance for first-time homebuyers The CDBG Program is an ongoing grant administration program funded by the Department of Housing and Urban Development (HUD). The City of Fort Collins Packet Pg. 157 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 2 has received CDBG Program funds since 1975. The City is an Entitlement recipient of CDBG funds, meaning the City is guaranteed a certain level of funding each year. The level of funding is dependent upon the total amount of funds allocated to the program by Congress and on a formula developed by HUD comprised of several measures of community need, including the extent of poverty, population, housing overcrowding, age of housing, and population growth lag in relationship to other metropolitan areas. Additional background information on the City's CDBG and HOME Investment Partnership Programs (HOME) is presented in Attachment 4. The City’s Affordable Housing Fund (AHF) was established in 2000 to supplement federal funding from the CDBG and HOME programs. One purpose of the AHF was to have a source of funding free of federal rules and regulations. Funding awarded to programs targets households in Fort Collins whose incomes are at or below 80% of Area Median Income (AMI). Those monies help fill other funding gaps and lower the cost of housing and other basic services for Fort Collins citizens who are most vulnerable and in need. By empowering and stabilizing families, these funds strengthen and improve the fundamental building blocks of Fort Collins: its neighborhoods. AVAILABLE FUNDS The following table summarizes the amount and sources of all available CDBG, HOME and City funds for distribution during the 2013 fall cycle of the Competitive Process: Available Funding AMOUNT FUNDING SOURCE $ 100,000 FY 2013 CDBG Entitlement Grant Spring Cycle Carryover $ 469,033 FY 2013 HOME Participating Jurisdiction Grant $ 232,086 FY 2013 HOME Program Income* $ 313,047 FY 2013 Affordable Housing Fund $1,114,166 Total Available Funding * Program Income includes repayments from rehabilitation loans and home buyer assistance loans, along with repayments from development and acquisition loans. SELECTION PROCESS The process for the City's FY 2013 fall cycle of the Competitive Process began on July 9, 2013, when the applications became available. The Social Sustainability Department placed legal advertisements in local newspapers in June to solicit requests for housing and community development projects. Packet Pg. 158 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 3 Notices were sent via email to potential applicants in late June 2013, posted to the Social Sustainability web site and distributed to four partner agencies for posting. The Competitive Process utilizes a web-based application through ZoomGrants. Pre-applications were due Tuesday, July 23, 2013 and applications were due Thursday, August 15, 2013. At the close of the deadline the City had received 9 applications requesting over $1.7 million in funding. On September 5, 2013, all applications were made available to the CDBG Commission and the housing proposals were made available to the Affordable Housing Board for review. On Thursday, September 26 the Commission met to hear presentations and ask clarification questions from each applicant. At the Affordable Housing Board’s special meeting held on Thursday, September 19, 2013 the board voted to recommend to the CDBG Commission a priority ranking of the seven affordable housing proposals (see Attachment 3). The priority ranking was presented to the CDBG Commission at the meeting on Thursday, September 26. The Commission then met on Thursday, October 17 for the purpose of preparing a recommendation to the City Council as to which programs and projects should be funded. At this meeting the Commission reviewed the written applications, the applicant's verbal presentations, the information provided during the question and answer session, and reviewed the performance of agencies who received funding in previous years. The Commission then worked on the formulation of its list of recommendations. The draft minutes from the October 17, 2013 meeting are included as Attachment 5. These minutes will be approved at the November 14 CDBG Commission regular meeting. CDBG COMMISSION'S LIST OF RECOMMENDATIONS In addition to HUD funding limitations, the Commission had to decide which applicants presented programs and projects that best fit the City's needs and follow the funding priorities contained in the Affordable Housing Strategic Plan 2010-2014. Listed below is a summary of each applicant's initial request for funding and the Commission's list of recommendations. Affordable Housing Category APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSION’S RECOMMENDATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED HO-1 City of Fort Collins: Homebuyer Assistance Program – AHF $100,000 $100,000 $0 100% Packet Pg. 159 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 4 HO-2 City of Fort Collins: Homebuyer Assistance Program – HOME $100,000 $100,000 $0 100% HO-3 CARE Housing: Provincetowne Phase II $375,000 $0 $375,000 0% HO-4 Housing Authority of Loveland: Larimer Home Improvement Program $30,000 $30,000 (Grant) $0 100% HO-5 Housing Catalyst: Cunningham Corner Rehab $887,842 $849,651 $38,191 96% HO-6 JAG Properties: Acquisition of Six- Plex $250,000 $0 $250,000 0% HO-7 Neighbor to Neighbor: Coachlight Plaza $34,515 $34,515 $0 100% Affordable Housing Total $1,777,357 $1,114,166 $663,191 62% All funding recommendations in the Affordable Housing category are in the form of a “Due on Sale Loan + 5% Simple Interest” unless noted as a grant. Public Facility Category APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSION’S RECOMMENDATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED PF-1 Crossroads Safehouse: Roof Project 5 AFFORDABLE HOUSING and PUBLIC FACILITY APPLICATIONS HO-1 City of Fort Collins: Homebuyer Assistance - AHF Request: $100,000 Recommendation: $100,000 Percentage: 100% The City’s Homebuyer Assistance (HBA) program provides down payment assistance to first-time homebuyers with incomes below 80% of area median income (AMI). The program provides a loan of up to 6% of the purchase price, to a maximum of $10,000 for down payment and closing costs. Affordable Housing Fund (AHF) monies are being requested to provide funding for loans that don’t meet federal requirements, for example a home that has been used as rental property within the last three months. In addition, AHF funds are used as match to CDBG funds. Also, a portion, $23,000, will pay for .3 FTE of the Affordable Housing Administrator’s salary to administer the program. HO-2 City of Fort Collins: Homebuyer Assistance - HOME Request: $100,000 Recommendation: $100,000 Percentage: 100% The HBA program is requesting HOME funds to supplement the CDBG funds already being used. When CDBG funds are used for down payment assistance there is a requirement for matching funds, either federal or local. HOME funds can be used for this purpose. HO-3 CARE Housing: Provincetowne II Request: $375,000 Recommendation: $0 Percentage: 0% CARE Housing, established in 1992, develops and manages affordable housing rental communities that provide supportive services to strengthen and empower families, and to build community. They currently have six affordable housing communities in Fort Collins. CARE is seeking to supplement the funding received in the 2013 spring cycle of $250,000 for pre-development costs for phase II of the Provincetowne development. They expect to provide 66 townhouse rental units, 54 2-bedroom and 12 3-bedroom units. These units will be available to those with incomes of 30% to 60% of Area Median Income (AMI). Provincetowne is located at 626 Quaking Aspen Drive which is in the Southeast corner of Trilby Road and Lemay Drive. HO-4 Housing Authority of Loveland: Larimer Home Improvement Program Request: $30,000 Recommendation: $30,000 Percentage: 100% The Larimer Home Improvement Program is administered by the Loveland Housing Authority and offers low to no interest rate loans to income qualified families looking to repair or improve their homes. This request is for Emergency Funds to provide grant assistance to people that own and occupy their home and make no more than 50% of the area median income. This program can offer Packet Pg. 161 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 6 funds to people in urgent need situations such as burst pipes, non-working hot water heater or furnace and dangerous electrical issues. The grants cannot exceed $1,000, unless special circumstances are approved by the program manager. Grantees can receive emergency funds assistance one time only. Only homes in the City of Fort Collins can benefit from these funds. HO-5 Housing Catalyst (FCHA): Villages at Cunningham Corner – Housing Rehabilitation Request: $887,842 Recommendation: $849,651 Percentage: 96% Housing Catalyst is a wholly owned entity of the Fort Collins Housing Authority. It was established to create the appropriate legal structure most conducive to utilization of the Low Income Housing Tax Credit (LIHTC) program. In December 2012, Housing Catalyst was given the opportunity to purchase three apartment complexes located on the northeast corner of Shields Street and Horsetooth Road with 284 rental units. These properties were Rose Tree, Hickory Hill and Willow Grove apartments. In December 2012, Housing Catalyst was given the opportunity to purchase 284 rental units, known as Cunningham Corner, to prevent them from becoming market rate rentals. This purchase preserved the units for affordable rental housing. Housing Catalyst purchased the units with the intent of substantially rehabilitating the properties, thereby providing long-term preservation of a significant portion of the community’s affordable housing stock. Total renovations are expected to cost more than $8.5 million dollars. This request is “first-in” money to help acquire additional funding for this project. Housing Catalyst received $49,358 for this project in the spring of 2013. HO-6 JAG Properties: Acquisition of Six-Plex Request: $250,000 Recommendation: $0 Percentage: 0% Just Another Guy Properties, or JAG, provides temporary housing for low-income individuals and families with a family member who has recently been released from community corrections with a felony conviction. Their clients are non-violent and are not sex offenders. They combine housing and supportive services to help make a successful transition to permanent housing and create a path to reestablishing individuals as productive members of the community. This provides a unique service in Fort Collins. JAG is requesting funding for the down payment of an existing six-plex at 207 East Stuart Street in Fort Collins. HO-7 Neighbor to Neighbor: Coachlight Plaza Request: $34,515 Recommendation: $34,515 Percentage: 100% The mission of Neighbor to Neighbor (N2N) is to open doors and advance lives by providing housing counseling, supportive services and multi-family affordable housing. One of the communities owned by N2N, Coachlight Plaza, is showing signs of aging. Located at 1550 Blue Spruce Drive, Coachlight Plaza was built in Packet Pg. 162 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 7 1982 and has 68 units; all families have incomes at or below 30% of area median income. N2N is asking for funding to install energy efficient windows to improve the costs of utility bills by 20%, currently averaging $130 a month. PF-1 Crossroads Safehouse: Roof Project Request: $50,000 Recommendation: $0 Percentage: 0% Crossroads Safehouse (Crossroads) is the only comprehensive domestic violence shelter that serves all of Larimer County. The shelter is located in Fort Collins at 421 Parker Street. In 2010 Crossroads transformed a nursing home into the shelter. The roof was assessed to have 5-7 years’ life remaining, however the shelter has been experiencing many leaks and the roof is showing signs of weakness. The total cost is expected to be about $75,100. PF-2 Respite Care: Basement Lift System Request: $50,000 Recommendation: $0 Percentage: 0% Respite Care, located at 6203 S. Lemay Avenue, offers day and overnight care as a service for families who have children (up to age 21) with developmental disabilities. Respite Care is expanding their services into the basement that is currently being remodeled. A lift system is being requested to help transport children and teens who have mobility issues to the basement without going outside, down the driveway, around the building and into the basement door. There are concerns that this transport could endanger the children and teens, especially during inclement weather. The total cost for this project is expected to be $86,421. Summary A summary of the Commission's funding recommendations by category is presented in the following table: Funding Recommendations by Category Category Requested Funding Recommended Funding % of Total Affordable Housing $1,777,357 $1,114,166 100% Public Facility $100,000 $0 0% Total $1,877,357 $1,114,166 100.0% The CDBG Commission has recommended all available funding, in the amount of $1,114,166, be allocated. This fall the City received a total of 9 proposals. Of those, 7 were in the Affordable Housing category and 2 were in the Public Facility category. The Commission has recommended that 4 of the Affordable Housing proposals receive full funding, 1 proposal receive partial funding (96%), and 2 proposals receive no funding. In the Public Facility category the recommendation is for no funding for both of the public facility proposals. While making their Packet Pg. 163 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) 8 funding recommendations the Commission focused on the Affordable Housing Strategic Plan 2010-1014 priorities noted above. Packet Pg. 164 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process) Attachment 2 BACKGROUND INFORMATION ON THE COMPETITIVE PROCESS In February of 1999, the City Council approved the Priority Affordable Housing Needs and Strategies report, which contained the following strategy: Change from an administrative funding mechanism...to a competitive application process for the Affordable Housing Fund. Between September and November of 1999, a subcommittee consisting of members from the Affordable Housing Board (AHB) and the Community Development Block Grant (CDBG) Commission met with staff to review issues and develop options for establishing a competitive process. In addition, the staff solicited ideas from existing affordable housing providers. The subcommittee established the following Mission Statement for their work:  Develop a competitive application process and establish a set of shared criteria for the allocation of the City’s financial assistance resources to affordable housing projects/programs that address the City’s priority affordable housing needs.  Competitive Process Five options for a competitive process were reviewed and discussed by the subcommittee. The subcommittee reached a general consensus to support a competitive process that involved both the AHB and the CDBG Commission. The option selected would have the AHB providing recommendations to the City Council in regard to affordable housing policy. In addition, the option would have the AHB reviewing all affordable housing applications for CDBG, Home Investment Partnership (HOME), and Affordable Housing funds. The Board would then provide a priority listing of proposals to the CDBG Commission. The CDBG Commission would then make the final recommendations to the City Council for funding. Funding Cycles The subcommittee also agreed that there should be two funding cycles per year, one in the spring and the other in the fall. CDBG Program funds would be allocated in the spring to affordable housing programs/projects and other community development activities (public services, public facilities, etc.). HOME funds and Affordable Housing Funds (AHF) would be allocated in the fall primarily to affordable housing programs/projects. The staff and subcommittee agreed that overlaying the new process and cycles would necessitate an increase in staff technical assistance to applicants. Both the subcommittee and staff recognize that a bi-annual process will require additional meetings by both the CDBG Commission and AHB, and will require more time from City staff, and increase the City Council’s involvement. Schedule The subcommittee also discussed two alternative schedules for the funding cycles. The option selected incorporates a spring cycle that starts in January and ends in May, and a fall cycle that starts in July and ends in November. Packet Pg. 165 Attachment10.2: Competitive Process Background (Fall Competitive Process) 2 Review Criteria The subcommittee also discussed and agreed to a new set of review criteria to be used to rank proposals. The criteria are divided into the following five major categories: 1. Impact/Benefit 2. Need/Priority 3. Feasibility 4. Leveraging Resources 5. Capacity and History The Impact/Benefit criterion provides greater rewards to proposals that target lower income groups and provide longer benefits. The Need/Priority criterion helps to assure the proposal meets adopted City goals and priorities. The Feasibility criterion rewards projects for timeliness and documented additional funding. The Leveraging Resources criterion rewards proposals which will return funds to the City (loans) and for their ability to leverage other resources. And, the Capacity and History criterion helps gauge an applicant’s ability to do the project and rewards applicants that have completed successful projects in the past. Application Forms Two new application forms have also been developed for a new on-line application process using a web-based platform through a product called ZoomGrants. One form is used for Housing proposals, while the other form is used for Non-Housing Proposals (Public Services, Public Facilities, etc.). City Council Adoption On January 18, 2000, the City Council approved Resolution 2000-13, formally adopting the Competitive Process for the allocation of City financial resources to affordable housing programs/projects and community development activities and the component parts discussed above. Human Services Program The Human Services Program (HSP) was formerly the Community Partnership Program, a joint human services funding venture between the City of Fort Collins and Larimer County. Historically administered by the County, the City’s funding portion of the program switched to internal administration as a result of the 2006 Budgeting for Outcomes (BFO) process. This funding source has been folded into the spring cycle of the Competitive Process where funding is targeted to programs that serve Fort Collins households and individuals whose incomes are at or below 80% of the Area Median Income (AMI). Guidance Charts for Affordable Housing and Public Service Categories There are two different “ranking sheets,” or guidance charts, which are used as guidelines for the Competitive Process. Primarily, the components listed serve to ensure that federal regulations and local policies and preferences are being addressed. These guidance charts are one set of many tools to assist the CDBG Commission and the AHB in Competitive Process decision Packet Pg. 166 Attachment10.2: Competitive Process Background (Fall Competitive Process) 3 making. The guidance charts are completed by staff, based on information provided in proposal applications. The guidance chart for Affordable Housing applications has four components: policies and strategies alignment, planning framework alignment, financial health alignment and project development alignment. Items within those components look at, among other things, the targeted population for the project, years of affordability, proximity to transportation, employment districts, leveraging and capacity. For Public (Human) Service applications, the ranking criteria are divided into five major categories: impact/benefit, need/priority, feasibility, leveraging resources and capacity. Each category is given a total number of points that has been weighted according to importance with respect to local and federal priorities. Packet Pg. 167 Attachment10.2: Competitive Process Background (Fall Competitive Process) Attachment 3 2013 FALL COMPETITIVE PROCESS PRIORITY RANKING AND COMMENTS FROM THE AFFORDABLE HOUSING BOARD The following pages contain the priority rankings and comments of the affordable housing proposals from the Affordable Housing Board (AHB) to the CDBG Commission for the 2013 Fall Competitive Process. The AHB held a special meeting on September 19, 2013 to discuss the housing applications and offer their rankings. Packet Pg. 168 Attachment10.3: Affordable Housing Board Recommendations (Fall Competitive Process) 2 Affordable Housing Board Rankings and Comments related to the Fall Competitive Process 2013 The Affordable Housing Board's rankings of the affordable housing proposals from the 2013 Fall Competitive Process are as follows: 1. H0-3 Care Housing: Provincetown II $375,000 2. H0-4 Housing Auth. of Loveland: LHIP Program $30,000 3. H0-7 Neighbor to Neighbor: Coach light Plaza Rehab $34,515 4. H0-2 City of Fort Collins: Homebuyer Assistance - HOME $100,000 5. H0-1 City of Fort Collins: Homebuyer Assistance - AHF $100,000 6. H0-5 Housing Catalyst (FCHA): Cunningham Corner Rehab $887,842 7. H0-6 J.A.G. Properties: Housing Property Purchase $250,000 A separate grid is attached showing how the individual members of the Affordable Housing Board (AHB) ranked each proposal, and thus how we came to the consensus findings shown above. The grid will show in some detail which proposals the entire group ranked high, which proposals the entire group ranked low, and also which proposals has a wide variance in rankings. The individual rankings of the proposals by members of the AHB is obviously a subjective process since different members may feel more strongly than others about the specific proposals. We did however, attempt to rank the proposals based upon the primary needs that were outlined in the City's Affordable Housing Strategic Plan 2010-2014. That report indicated the City's Affordable Housing Needs, in order, were as follows: 1. Increase the inventory of rental housing units 2. Preserve existing affordable housing units 3. Increase housing and facilities for people with special needs 4. Provide financial assistance for first-time home buyers The AHB also heavily favored those proposals that showed an effective 'leverage' of public funds. Thus, those proposals that relied u'pon public funds as a relative small portion of their total financing requirement were more favored than those proposals that relied more heavily on public funds. Packet Pg. 169 Attachment10.3: Affordable Housing Board Recommendations (Fall Competitive Process) 3 Other findings from the AH B's review of the proposals: 1. The AHB again heavily favored those proposals that provided new units to the lower AMI population, and which effectively leveraged public funds. Care Housing (H0-3) was clearly the top ranked proposal, as evidenced in the attached grid. This proposal provided new units to the community, is effectively leveraged, and had past success with similar projects. 2. J.A.G Properties (H0-6) was clearly the bottom ranked proposal. The proposal, while creating new rental units in the community, relied too heavily on public assistance. The amount of funds requested were much too high on a per unit basis, and were not supported by owner equity into the project . Further, it appears as though there are administrative concerns with the organization that could have an impact on the success of the project. The need for housing for ex-felons appears to be a real need that should be addressed, however this proposal could be strengthened with more owner equity and leverage, a clear picture of how many units they will use to address this problem, and better administrative oversight from the organization. 3. The AHB had some serious concerns with the Housing Catalyst (H0-5) request. While the FCHA is a proven performer in our market in addressing the need for affordable housing, and this community is a key affordable housing supplier, it was not clear on this request how critical the upgrade needs are for this housing community. Apparently, due to the need to finance this rehab through LIHTC, the organization is attempting to complete the entire rehab of the facility rather than phase it. The budget for the rehab is undocumented, thus the actual items being completed are also unknown. How great a need is it? Can they get actual bids for the work rather than just an internal capital needs assessment? How much 'green' is in the request and could the amount be reduced by eliminating some of this? The City has made a strong commitment to this project with the funds that were provided for its recent purchase, however with so many other strong requests for public funds this proposal lacked the detail to fully support. One positive in this proposal is that it is effectively leveraged with tax credits. 4. The AHB felt more comfortable with the Neighbor to Neighbor rehab request (H0-7) than the Housing Catalyst request. The N2N request was better documented, more defined, and also included owner equity into the project. The board also felt that the need for new windows was critical since the existing windows had become a safety concern due to moisture and mold. 5. The LHIP program (H0-4) and the City of Fort Collins Homebuyer Assistance program (H0-1,2) are both proven programs in our community. The Board felt slightly stronger about the LHIP program since this request funded the emergency funds portion of that program, and it appeared as though the existing emergency funds may run out by the end of the year. With the recent flooding in town, this may be even more of a critical issue to address. Also, the preservation of affordable housing units through this program is a higher need in the City's Affordable Housing Strategic Plan than is providing assistance to first time homebuyers. The Board does like the fact that the Homebuyer Assistance program does ultimately free up additional rental units in the continuum of housing as renters purchase and move into these homes. The Board would recommend continue to fund both of these programs. Packet Pg. 170 Attachment10.3: Affordable Housing Board Recommendations (Fall Competitive Process) 4 Affordable Housing Board Rankings Fall Cycle of the 2013 Competitive Process 1 7 Pts 2 6 Pts 3 5 Pts 4 4Pts 5 3 Pts 6 2 Pts 7 1Pt Total Points ID Applicant Project Amount Requested Rank H0-1 City of FTC - Homebuyer Assistance AHF $100,000 I I I I I 20 5 H0-2 City of FTC - Homebuyer Assistance Home $100,000 I I I II 21 4 H0-3 CARE: Provincetown II $375,000 1111 I 34 1 H0-4 Housing Authority of Loveland: LHIP $30,000 I II I II 30 2 H0-5 Housing Catalyst (FCHA) Cunning Corner Rehab $887,842 I 1111 Attachment 4 BACKGROUND INFORMATION ON THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) AND HOME INVESTMENT PARTNERSHIP (HOME) PROGRAMS COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM CDBG Program National Objectives The primary objective of the CDBG Program is the development of viable urban communities, by providing decent housing and a suitable living environment and expanding economic opportunities, principally for persons of low and moderate income. Programs and projects funded with CDBG funds must address at least one of the following three broad National Objectives: (1) provide a benefit to low or moderate income households or persons, (2) eliminate or prevent slum and blight conditions, or (3) meet urgent community development needs which pose an immediate and serious threat to the health and welfare of the community. Presented below is a comparison of City CDBG expenditures for programs and projects categorized according to the National Objectives. HUD regulations require at least 70% of CDBG funds be used for activities that primarily benefit low and moderate-income persons. National Objectives Low/Moderate Income Benefit Slum/Blight Elimination Urgent Need National Average 90% 10% 0% City Expenditures for: 2012 100% 0% 0% 2011 100% 0% 0% 2010 100% 0% 0% 2009 100% 0% 0% 2008 100% 0% 0% 2007 100% 0% 0% 2006 100% 0% 0% 2005 100% 0% 0% 2004 100% 0% 0% 2003 100% 0% 0% 2002 100% 0% 0% Packet Pg. 172 Attachment10.4: CDBG-HOME Background (Fall Competitive Process) 2 CDBG Program Eligible Activities CDBG funds can be used for a wide range of activities including: (1) acquiring deteriorated and/or inappropriately developed real property (including property for the purpose of building new housing); (2) acquiring, constructing, rehabilitating or installing publicly owned facilities and improvements; (3) restoration of historic sites; (4) beautification of urban land; (5) conservation of open spaces and preservation of natural resources and scenic areas; (6) housing rehabilitation can be funded if it benefits low and moderate income people; and (7) economic development activities are eligible expenditures if they stimulate private investment of community revitalization and expand economic opportunities for low and moderate income people and the handicapped. Certain activities are ineligible, under most circumstances, for CDBG funds including: (1) purchase of equipment; (2) operating and maintenance expenses including repair expenses and salaries; (3) general government expenses; (4) political and religious activities; and (5) new housing construction. HOME INVESTMENT PARTNERSHIP (HOME) PROGRAM Program Guidelines (Adopted by the Fort Collins City Council, July 18, 1995) Purpose: The purpose of the Home Investment Partnership (HOME) Program is to increase the supply of decent, safe, and affordable housing in the City of Fort Collins for an extended period of time. All of the HOME funds must benefit low and very low income households which are defined by the Department of Housing and Urban Development as having a total household income not exceeding 80% of the median household income for the Fort Collins area. HOME Eligible Projects: HOME funds must be used in the following ways: 1. DIRECT HOUSING ASSISTANCE Downpayment Assistance: To help low-income individuals to purchase housing for their principal residence. Applicants must meet income guidelines of no more than 80% of the current median household income for the Fort Collins area and Packet Pg. 173 Attachment10.4: CDBG-HOME Background (Fall Competitive Process) 3 will be required to attend a homebuyer workshop. Assistance is in the form of zero percent deferred loans up to a maximum of $10,000 to help cover down payment and closing cost expenses. The funding is repaid with a 5% simple interest charge when the property is sold or transferred out of the buyer’s name. Restrictions will apply which assure the property remains affordable. This is accomplished by the “recapturing” of the HOME investment. a. Tenant Based Rental Assistance (TBRA): To help low-income households avoid eviction and homelessness, TBRA provides up to two years of housing subsidy and case management services to stabilize households and put them on the road to self-sufficiency. 2. NEW CONSTRUCTION of units for homeownership as well as rental occupancy targeted for low-income individuals and families which are developed, sponsored, or owned by community housing development organizations (CHDOs), non-profit agencies, and for-profit developers. 3. ACQUISITION of undeveloped, or developed, land resulting in the development or purchase of units for homeownership as well as rental occupancy. All regulations regarding income guidelines, purchase price limitations, resale limitations, rental rates, etc., will apply to acquisition projects. HOME Eligible Property Types: Eligible property types for purchase include both existing property and newly constructed homes. Eligible property includes a single-family property, a condominium unit, a manufactured home (including mobile homes on a permanent foundation), or a cooperative unit. For purposes of the HOME program, homeownership means: (1) ownership in fee simple title, or (2) a 99 year leasehold interest, or (3) ownership or membership in a cooperative, or (4) an equivalent form of ownership which has been approved by the Department of Housing and Urban Development. The value and purchase price of the HOME assisted property to be acquired must not exceed 95% of the area median purchase price for that type of housing as established by HUD. RECAPTURE RESTRICTIONS WILL APPLY. (The value must be verified by a qualified appraiser or current tax assessment.) Initial purchase price limit established by HUD is currently $212,015. HOME Program Priorities The 2010-2014 Consolidated Plan, a planning document required for HUD by entities receiving federal monies for housing and community development activities, identifies the following priorities for housing related needs: Packet Pg. 174 Attachment10.4: CDBG-HOME Background (Fall Competitive Process) 4 1. Stimulate housing production for very low, low and moderate income households. 2. Increase home ownership opportunities for very low, low and moderate income households. 3. Increase the supply of public housing for families and those with special needs. Implementation and funding of activities to address these priorities will come, in part, from the City of Fort Collins HOME Investment Partnership Program. Packet Pg. 175 Attachment10.4: CDBG-HOME Background (Fall Competitive Process) Attachment 5 MINUTES FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) OCTOBER 17, 2013 DELIBERATIONS MEETING TO MAKE FUNDING RECOMMENDATIONS FOR THE 2013 FALL COMPETITIVE PROCESS The following pages contain the meeting minutes of the CDBG Commission’s deliberations meeting where funding recommendations to City Council were formulated. The meeting took place Thursday, October 17, 2013. These minutes have not been approved by the CDBG Commission at this time. Approval will take place at the upcoming November 14, 2013 meeting. Packet Pg. 176 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 2 COMMUNITY DEVELOPMENT BLOCK GRANT COMMISSION FUNDING DELIBERATIONS 215 N. MASON ST., FORT COLLINS OCTOBER 17, 2013, 6:00 P.M. COMMISSION MEMBERS PRESENT STAFF PRESENT Kay Rios, Chair Catherine Costlow Jennifer Harvey Anita Basham Jamaal Curry Heidi Phelps Robert Browning Margaret Long Beth Rosen Gordon Coombes Kristin Stephens Sharon Thomas OTHERS PRESENT: Representatives from the Fort Collins Housing Authority; John McGee, former Executive Director, Crossroads Safehouse; Kate Jeracki, Note Taker The meeting was called to order by Chair Kay Rios at 6:00 p.m. The purpose of the meeting was to make recommendations for funding allocations during the 2013 Fall Cycle of the Competitive Process. The Commission deliberated on seven Housing requests and two Public Facility requests. HO-1 City of Fort Collins: Homebuyer Assistance program -- $100,000 (Affordable Housing Fund) requested Bob Browning moved that the Commission fully fund HO-1. Jamaal Curry seconded. Browning said this is a good project that serves a serious need in the community. Curry agreed. Motion passed unanimously. Full funding approved. HO-2 City of Fort Collins: Homebuyer Assistance program – $100,000 (HOME funds) requested Bob Browning moved that the Commission fully fund HO-2. Jamaal Curry seconded. Browning said this program is worthy of support for the same reasons as HO-1. Curry agreed. Motion passed unanimously. Full funding approved. Packet Pg. 177 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 3 HO-3 CARE Housing: Provincetowne Phase II -- $375,000 requested Bob Browning moved that the Commission approve zero funding for HO-3. Jamaal Curry seconded. Browning said this was a good project, but there were financial considerations that could tie up the funds for some time. He believed the funds from this cycle could be better used elsewhere. He also pointed out that the applicant could bring the project forward again in another cycle. Sharon Thomas confirmed that the project could come back to the Commission in the future. Curry agreed with Browning, adding that it wasn’t “shovel-ready” yet. Motion passed unanimously. Zero funding approved. HO-4 Housing Authority of Loveland: Larimer Home Improvement Program -- $30,000 requested Bob Browning moved that the Commission fully fund HO-5. Kristin Stephens seconded. Browning said it was important to help low-income residents stay in the homes they already own by providing assistance with emergency repairs. Stephens agreed. Motion passed unanimously. Full funding approved. HO-5 Housing Catalyst: Cunningham Corner Rehab -- $887,842 requested Kay Rios moved that the Commission fully fund HO-4. Motion failed for lack of a second. Bob Browning moved that the Commission fund HO-4 in the reduced amount of $849,651. Margaret Long seconded. Browning said this is a good project and he would like to see it get going. His proposed amount is all the money the Commission may be able to fund for this project at this time, given competing funding recommendations for other priorities. Long agreed. Motion passed unanimously. Partial funding of $849,651 approved. Packet Pg. 178 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 4 HO-6 JAG Properties: Acquisition of Six-Plex -- $250,000 requested Margaret Long moved the Commission approve zero funding for HO-6. Kay Rios seconded. Long said she made this motion regretfully, because the population to be served needs this type of housing. However, she questioned the amount requested versus the number of units for the project. She also questioned the regulatory constraints around current residents (cannot be forced to move)--and the actual number of units that will actually be available as a result--for this project’s population. She said it was a good project, but couldn’t see the Commission funding it. Rios said she also had several questions on financing and other issues that were not adequately answered by the applicant. Jamaal Curry said that since there were no hard deadlines for the current occupants to move out, that could delay new tenants moving in. Beth Rosen confirmed that due to Uniform Relocation Act (URA) requirements, such was the case. Gordon Coombs added that the mission of the project is good, but it is lacking in execution. Motion passed unanimously. Zero funding approved. HO-7 Neighbor to Neighbor: Coachlight Plaza -- $34,515 requested Margaret Long moved that the Commission approve full funding for HO-7. Bob Browning seconded. Long said that this proposal addresses housing in need of rehabilitation and upgrade that serves a very low income population, and improvements will result in energy cost savings for the tenants. Browning agreed. Motion passed unanimously. Full funding approved. PF-1 Crossroads Safehouse: Roof Project -- $50,000 requested Margaret Long moved the Commission fully fund PF-1. There was no second; the motion failed. Bob Browning moved that the Commission approve zero funding for PF-1. Gordon Coombs seconded. Packet Pg. 179 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 5 Browning said the timing of this request was questionable, since the organization had just lost its executive director. He also questioned the request for a 30-year roof, and believed a longer-life product may have also been a viable option. Kristin Stephens said she could not support not funding the project in some amount. Crossroads does provide short-term housing that needs to be affordable and safe. Browning pointed out that the organization has a building reserve fund of $113,359. The cost of the new roof is estimated at $75,100, and he believed the agency should use its own money in entirety for the project. Margaret Long said she understood Browning’s point, but she has worked with fairly old buildings such as this one, and that there are usually more problems that need attention than just a roof. She added that although this is a Public Facilities request, Crossroads provides emergency shelter to a vulnerable population in need, and short-term housing for that demographic when rentals are not available. Motion passed 4-2, with Jamaal Curry and Kay Rios abstaining. Zero funding approved. PF-2 Respite Care: Basement Lift System -- $50,000 requested Anita Basham moved that the Commission fully fund PF-2. Gordon Coombs seconded. Basham said that the organization is remodeling the basement, partially funded with City monies from a previous cycle. The lift system is the safest way to accommodate children in wheelchairs. Coombs agreed. Bob Browning said that this is not a housing project, so he would not be supporting it. Kristin Stephens said she felt the same way. She stated that it is not one of the main funding priorities for the Commission to support. Motion failed 5-2, with Jamaal Curry abstaining. Bob Browning moved that the Commission approve zero funding for PF-2. Jamaal Curry seconded. Browning said that this project would take funds away from other programs that do provide housing. Curry added that although it is a great project which the Commission would like to fund, the money is not available for this lower priority, non-housing project. Kristin Stephens agreed that everyone on the Commission likes the project. However, the space can still be used--in spite of it being inconvenient to access. Packet Pg. 180 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 6 Heidi Phelps clarified that currently there is wheelchair access to the basement through an outside path and door. The issue with that is taking children outside in inclement weather. Motion passed 5-2, with Margaret Long abstaining. Zero funding approved. Staff updated the draft Funding Matrix to reflect the CDBG Commission’s decisions. Sharon Thomas explained that the final amounts in each HOME, AHFand CDBG subaccount would be redistributed by staff to balance the final numbers. Bob Browning moved that the Commission approve the final Funding Matrix as presented. Kristen Stephens seconded. Motion passed unanimously. Sharon Thomas thanked the Commission. She said the funding recommendations will be presented to City Council on November 19th. The next regular meeting of the CDBG Commission is November 14, 2013, 6:00 p.m., 215 N. Mason Street, Community Room. Meeting adjourned at 6:25 p.m. Packet Pg. 181 Attachment10.5: CDBG Commission Deliberations (Fall Competitive Process) 1 PUBLIC HEARING 2013 FALL CYCLE of the COMPETITIVE PROCESS Allocating City Financial Resources to Affordable Housing and Public Facility Projects Packet Pg. 182 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 2 THE ALLOCATION PROCESS • Staff – Prepares applications – Provides technical assistance – Reviews applications • Affordable Housing Board – Reviews Affordable Housing proposals – Provides priority ranking and comments to CDBG Commission Packet Pg. 183 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 3 THE ALLOCATION PROCESS • Community Development Block Grant (CDBG) Commission – Reviews written proposals – Watches presentations – Interviews each applicant – Presents recommendations to Council • City Council – Conducts a Public Hearing – Makes final decision on funding allocations Packet Pg. 184 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 4 CDBG COMMISSION DECISION PROCESS The CDBG Commission bases their funding recommendations on: – Affordable Housing Strategic Plan – Consolidated Plan – HUD Regulations – AHB Priority Rankings – Project readiness, capacity, and performance of the applicant – Needs of the community Packet Pg. 185 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 5 AFFORDABLE HOUSING STRATEGIC PLAN 2010-2014 Four goals based on most significant affordable housing needs: 1.Increase the inventory of affordable rental housing units 2.Preserve existing affordable housing units 3.Increase housing and facilities for people with special needs 4.Provide financial assistance for first-time homebuyers Packet Pg. 186 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 6 CONSOLIDATED PLAN 2010-2014 Consolidated Housing & Community Development Plan or Con Plan • Improve the availability, affordability, and sustainability of housing • Provide decent housing and a suitable living environment • Improve the availability and sustainability of economic development Packet Pg. 187 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 7 HUD – CDBG REGULATIONS CDBG – National Objectives: 1. Provide benefit to low- and moderate-income (LMI) persons 2. Aid in the elimination or prevention of slum and blight conditions, or 3. Meet an urgent community need Packet Pg. 188 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 8 HUD – HOME REGULATIONS HOME Investment Partnership (HOME) Objectives: 1.Provide decent, safe affordable housing 2.Expand capacity of non-profit housing providers 3.Strengthen local government’s ability to provide housing 4.Leverage private-sector participation Packet Pg. 189 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 9 2013 FALL CYCLE AVAILABLE FUNDS Amount Funding Source $100,000 FY 2013 CDBG Spring Carryover $469,033 FY 2013 HOME Grant $232,086 FY 2013 HOME Program Income $313,047 Affordable Housing Funds $1,114,166 Total Available Funds Packet Pg. 190 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 10 FUNDING REQUESTS Project / Program Request HO-1 City of Fort Collins: HBA - AHF $100,000 HO-2 City of Fort Collins: HBA - HOME $100,000 HO-3 CARE Housing: Provincetowne II $375,000 HO-4 Housing Authority of Loveland: LHIP $30,000 HO-5 Housing Catalyst: Cunningham Corner Rehab $887,842 HO-6 JAG Properties: Acquisition of Six-Plex $250,000 HO-7 Neighbor to Neighbor: Coachlight Plaza $34,515 PF-1 Crossroads Safehouse: Roof Project $50,000 PF-2 Respite Care: Basement Lift System $50,000 Total Funding Requests $1,877,357 Packet Pg. 191 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 11 FUNDING USES • CDBG – Both Housing and Public Facility • HOME – Housing only • AHF – Housing only Packet Pg. 192 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 12 FUNDING REQUESTS / RECOMMENDATONS Project / Program Request Recommended Amount Unfunded Balance CoFC: HBA - AHF $100,000 $100,000 $0 CoFC: HBA - HOME $100,000 $100,000 $0 CARE: Provincetowne $375,000 $0 $375,000 HA Loveland: LHIP $30,000 $30,000 $0 HCAT: CC Rehab $887,842 $849,651 $38,191 JAG: Six-Plex $250,000 $0 $250,000 N2N: Coachlight Plaza $34,515 $34,515 $0 Crossroads Safehouse $50,000 $0 $50,000 Respite Care $50,000 $0 $50,000 Total $1,877,357 $1,114,166 $763,191 Packet Pg. 193 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 13 AFFORDABLE HOUSING PROPOSALS HO-1 City of Fort Collins: HBA – AHF HO-2 City of Fort Collins: HBA – HOME HO-3 CARE Housing: Provincetowne Phase II Packet Pg. 194 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 14 AFFORDABLE HOUSING PROPOSALS Continued HO-4 Housing Authority of Loveland: LHIP HO-5 Housing Catalyst: Cunningham Corner Rehab Packet Pg. 195 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 15 AFFORDABLE HOUSING PROPOSALS Continued HO-6 JAG Properties: Acquisition of Six-Plex Packet Pg. 196 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 16 AFFORDABLE HOUSING PROPOSALS Continued HO-7 Neighbor to Neighbor: Coachlight Plaza Packet Pg. 197 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 17 PUBLIC FACILITY PROPOSALS PF-1 Crossroads Safehouse: Roof Project PF-2 Respite Care: Basement Lift System Packet Pg. 198 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 18 FUNDING RECAP • Affordable Housing Proposals – 4 proposals at 100% of requests – 1 proposal at 96% of request – 2 proposals at 0% of request • Public Facility Proposals – 2 proposals at 0% • Total Requests = $1,877,357 • Total Funds Available = $1,114,166 • Deficit = $763,191 Packet Pg. 199 Attachment10.6: Powerpoint presentation (Fall Competitive Process) 19 THANK YOU! Staff recommends adoption of the recommendations made by the CDBG Commission. Packet Pg. 200 Attachment10.6: Powerpoint presentation (Fall Competitive Process) - 1 - RESOLUTION 2013-095 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE PROGRAMS AND PROJECTS THAT WILL RECEIVE FUNDS FROM THE FEDERAL COMMUNITY DEVELOPMENT BLOCK GRANT AND HOME INVESTMENT PARTNERSHIP PROGRAMS, AND THE CITY’S AFFORDABLE HOUSING FUND WHEREAS, the Community Development Block Grant (CDBG) Program and the Home Investment Partnership (HOME) Program are ongoing grant administration programs funded by the Department of Housing and Urban Development (HUD); and WHEREAS, the City has received CDBG Program funds since 1975 and HOME Program funds since 1994; and WHEREAS, the City’s Affordable Housing Fund provides General Fund money for use in assisting affordable housing programs and projects; and WHEREAS, on January 18, 2000, the City Council approved Resolution 2000-13, formally adopting a competitive process for the allocation of City financial resources to affordable housing programs and projects, and community development activities; and WHEREAS, on October 17, 2013, the CDBG Commission met for the purpose of preparing a recommendation to the City Council as to which programs and projects should be funded with FY 2013 CDBG Entitlement Grant Spring Cycle Carryover funds, HOME grant funds and HOME Program Income, and funds from the City’s Affordable Housing Fund; and WHEREAS, as required by HUD regulations, a 30-day public comment period on the proposed allocation of CDBG and HOME funds as recommended by the CDBG Commission began on October 21, 2013 and ended on November 19, 2013; and WHEREAS, the City Council has considered the recommendations of the CDBG Commission, and has determined that the City’s 2013 allocation should be made as set out in this Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that City staff is hereby authorized to submit an application to HUD as follows: Packet Pg. 201 - 2 - AFFORDABLE HOUSING CATEGORY APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSION’S RECOMMEND- ATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED HO-1 City of Fort Collins: Homebuyer Assistance Program - AHF $100,000 $100,000 $0 100% HO-2 City of Fort Collins: Homebuyer Assistance Program - HOME $100,000 $100,000 $0 100% HO-3 CARE Housing: Provincetowne Phase II $375,000 $0 $375,000 0% HO-4 Housing Authority of Loveland: Larimer Home Improvement Program $30,000 $30,000 (Grant) $0 100% HO-5 Housing Catalyst: Cunningham Corner Rehab $887,842 $849,651 $38,191 96% HO-6 JAG Properties: Acquisition of Six-Plex $250,000 $0 $250,000 0% HO-7 Neighbor to Neighbor: Coachlight Plaza $34,515 $34,515 $0 100% Affordable Housing Total $1,777,357 $1,114,166 $663,191 62% PUBLIC FACILITY CATEGORY APPLICANT PROJECT / PROGRAM FUNDING REQUEST COMMISSION’S RECOMMEND- ATION UNFUNDED BALANCE PERCENT OF REQUEST FUNDED PF-1 Crossroads Safehouse: Roof Project $50,000 $0 $50,000 0% PF-2 Respite Care: Basement Lift System $50,000 $0 $50,000 0% - 3 - Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 19th day of November, A.D. 2013. _________________________________ Mayor ATTEST: _____________________________ Deputy City Clerk Packet Pg. 203 Public Facility Total $100,000 $0 $100,000 0% Packet Pg. 202 13 6 H0-6 J.A.G Properties: Housing Purchase $250,000 11111 5 7 H0-7 Neighbor to Neighbor: Coachlight Plaza Rehab $34,515 I I Ill 23 3 Packet Pg. 171 Attachment10.3: Affordable Housing Board Recommendations (Fall Competitive Process) $50,000 $0 $50,000 0% PF-2 Respite Care: Basement Lift System $50,000 $0 $50,000 0% Public Facility Total $100,000 $0 $100,000 0% Packet Pg. 160 Attachment10.1: Background Summary of Recommendations (Fall Competitive Process)