PY 2013 Action Plan - Draft - Tarrant County

More documents

Recommendations

Info

AP‐90 Program Specific Requirements Introduction Program Specific Requirements Tarrant County allocates a significant portion of CDBG funds to infrastructure improvement and Single Family owner occupied housing rehabilitation. The highest community development priority identified in the 2010‐2014 Consolidated Plan was replacing and upgrading of deteriorated and inadequate infrastructure. Having exceeded a population of 50,000, the cities of Euless, Grapevine, Mansfield and North Richland Hills qualify as city entitlement jurisdictions under CDBG. Each city has executed a contract with Tarrant County to cooperate on the planning and administration of these funds and have agreed to develop programs under the Tarrant County's Consolidated Plan. In addition to public infrastructure and major housing rehabilitation, CDBG will also fund public services: (1) case management for homeless programs and (2) educational services to middle and high school students about bullying and violence prevention.For the HOME program, the majority of funds will be used to add to the housing stock by CHDO's and rehabilitate currently existing single family owner occupied homes. The ESG program for PY2013 will assist emergency shelters remain operational and assist homeless persons and families with rapid rehousing and case management for up to a maximum of 2 years. Community Development Block Grant Program (CDBG) Reference 24 CFR 91.220.(I)(1) Projects planned with all CDBG funds expected to be available during the year are identified in the Projects Table. The following identifies program income that is available for use that is included in projects to be carried out. 1. The total amount of program income that will have been received before the start of the next program year and that has not yet been reprogrammed 5,880 2. The amount of proceeds from section 108 loan guarantees that will be used during the year to address the priority needs and specific objectives identified in the grantee's strategic plan. 0 3. The amount of surplus funds from urban renewal settlements 0 4. The amount of any grant funds returned to the line of credit for which the planned use has not been included in a prior statement or plan 0 5. The amount of income from float‐funded activities 0 Total Program Income: 5,880 Other CDBG Requirements 1. The amount of urgent need activities 0 2. The estimated percentage of CDBG funds that will be used for activities that benefit persons of low and moderate income.Overall Benefit ‐ A consecutive period of one, two or three years may be used to determine that a minimum overall benefit of 70% of CDBG funds is used to benefit persons of low and moderate income. Specify the years covered that include this Annual Action Plan. 99.99% Annual Action Plan 2013 34 OMB Control No: 2506‐0117 (exp. 07/31/2015)
HOME Investment Partnership Program (HOME) Reference 24 CFR 91.220.(I)(2) 1. A description of other forms of investment being used beyond those identified in Section 92.205 is as follows: Tarrant County entered into an administrative agreement with a local non‐profit to administer Tarrant County¿s HOME CHDO funds. The Development Corporation of Tarrant County (DCTC) is a 501(c) (3) certified Tarrant County CHDO that actively works to create safe, decent, affordable housing for the low‐income citizens within Tarrant County¿s jurisdiction. The CHDO will match 100% and will be dependently made according to the type of activity performed and may be in the form of waived fees and permit costs, infrastructure improvements, cash, tax abatements and/or donated property. For all HOME funded housing rehabilitation, the city's who choose to assist their citizens in their respective cities will provide cash match. 2. A description of the guidelines that will be used for resale or recapture of HOME funds when used for homebuyer activities as required in 92.254, is as follows: Tarrant County does not impose resale requirements, but does exercise a recapture option for its HOME Program in accordance with 24 CFR 92.254 (a) (5) (ii). Recapture is enforced for a period of ten (10) years on the Homebuyer Assistance Programs and five (5) years on the Homeowner Rehabilitation Program. In the event of a sale, short sale and/or foreclosure, the amount recaptured will be limited to the amount of ¿net proceeds¿ available at the time of such occurrence. For example, in the event the homeowner sells the property before five years of a home owner rehabilitation completion date, the homeowner will repay CDD the net proceeds available from the project costs according to the following schedule.Sold Within 1 year = 100% repayment costs to CDDSold Within 2 years = 80% repaymentSold Within 3 years = 60% repaymentSold Within 4 years = 40% repaymentSold Within 5 years = 20% repaymentSold AFTER five years = 0% repayment 3. A description of the guidelines for resale or recapture that ensures the affordability of units acquired with HOME funds? See 24 CFR 92.254(a)(4) are as follows: For CHDO activities, HUD's minimum affordability period will be used unless extended through contractual agreement. Other projects or activities funded with HOME funds maintain at a minimum the HUD‐required period of affordability as stated in 24 CFR 92.254 (a) (4) and (5). In select instances, however, the HOME subsidy may be forgiven when the net proceeds generated from the sale of the property are less than the original HOME subsidy. Most non‐profit organizations funding first‐time homebuyer activities also utilize the recapture method with a declining repayment over a five‐year period with the assistance amount forgiven at the end of the five‐year period of affordability.Rehabilitation or Acquisition of Existing Housing or Homebuyers Assistance = < $15,000 Min Affordability Period (MAP) is 5 years; $15,000 ‐ $40,000 MAP is 10 years; > $40,001. MAP is 15 years.Refinance of Rehabilitation Project = any $ amount MAP is 15 yearsNew Construction or OMB Control No: 2506‐0117 (exp. 07/31/2015) Annual Action Plan 2013 35
Page 1 and 2: Annual Action Plan 2013 1 OMB Contr
Page 3 and 4: qualification within the City of Eu
Page 5 and 6: distributed through the Tarrant Cou
Page 7 and 8: PR‐05 Lead & Responsible Agencies
Page 9 and 10: Describe coordination with the Cont
Page 11 and 12: As CoC Lead, the Tarrant County Hom
Page 13 and 14: Table 4 - Citizen Participation Out
Page 15 and 16: Program Source of Funds CDBG public
Page 17 and 18: Annual Goals and Objectives AP‐20
Page 19 and 20: or have disabilities will mainly be
Page 21 and 22: AP‐35 Projects Introduction Tarra
Page 23 and 24: Fort Worth and Grand Prairie will b
Page 25 and 26: AP‐60 Public Housing Introduction
Page 27 and 28: AP‐65 Homeless and Other Special
Page 29 and 30: assistance from public or private a
Page 31 and 32: AP‐85 Other Actions Introduction
Page 33: improvements to public and assisted
Page 37: steps to ensure citizen participati

PY 2013 Action Plan - Draft - Tarrant County

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?