Board packets will be distributed at the meeting.
|
|
- Jesse Flynn
- 5 years ago
- Views:
Transcription
1 Community Development Corporation Board Meeting Notice TO: CDC Board Members Kyle Denbrook Mike Miller Colleen Walker, Treasurer Ray Velkers, Chair Scott Winship, Vice Chair Shari Bell - Beals, Secretary Gar Hansen Gary Hawkinson FROM: Bryan Schmid CDC BOARD MEETING FOR AUGUST 2018 A Regular Board meeting of the Community Development Corporation will be held TUESDAY, August 21, 2018 at 8:00 A.M. This meeting will be held at PIERCE COUNTY HUMAN SERVICES BUILDING, 3602 PACIFIC AVENUE, TACOMA, WA {Soundview Conference Room 1, 2nd floor). Board packets will be distributed at the meeting.
2 COMMUNITY DEVELOPMENT CORPORATION MEETING AGENDA August 21, 2018 Call to Order - Review and approve July 17, 2018 CDC Board meeting minutes: CDC Resolutions: CDC TCRA Housing Resolutions: H H H H Cote Neal Farrell Powell General CDC Business: June 2018 Financials and Vouchers August 2018 Late payment report Staff Updates: State Audit Future Business: Affordable housing applications September 2018 Public Comment Period: Adjourn
3 MINUTES OF THE COMMUNITY DEVELOPMENT CORPORATION BOARD OF DIRECTORS MEETING July 17, :00 a.m. The regular meeting of the Board of Directors of the Community Development Corporation was held at the Pierce County Human Services Soundview Building, 3602 Pacific Avenue, 2nd Floor, Soundview Conference Room 1. The meeting was called to order by Director Velkers, Chair, at 8:03 a.m. Those present were: Directors Velkers, Winship, Hansen, Walker, Hawkinson, Miller, and Bell-Beals Absent: Denbrook Staff in attendance were: Bryan Schmid, Sheree Clark, Lucy Newman, Laura Charbonneau, Shannon Shuman, and Robyn Lee Guests: None UNFINISHED BUSINESS Director Velkers, Chair, requested CDC Board Members review the minutes ofthe June 19th, 2018, meeting. With no questions Director Winship moved to approve the minutes, and the motion was seconded by Director Hawkinson. The vote was unanimous and the minutes were adopted. Staff noted an addition to the agenda, resolution CDC Staff presented the County's 1-Year Action Plan for HUD funds for the upcoming 2018 program year. The 2018 program year runs from July 1, 2018 to June 30, The CDC is the subrecipient ofthe County's HOME funds and carries out the HOME program on behalf of the County. The CDC is also a sub-recipient of CDBG funds for the owner rehab and business RLF's. In Program Year 2018 the HOME resources (grant/program income) are just over $2m. Staff reviewed the HOME program allocations between Owner Rehab, Affordable Housing Development and CHDO. Staff covered the CDBG Resources of $BOOK (generated from the NSP Transfer), and an estimated $130K in program income from the owner rehab RLF. As the subrecipient the CDC must follow the allocations in the Action Plan. This presentation did not include Business. Board: Do you think your numbers are realistic? Staff: Yes, however the numbers for Program Income are a projection. The CDC received more Pl than projected last year. Staff presented figures more on the conservative side.
4 NEW BUSINESS CDC Resolutions: Resolution CDC was presented for approval to authorize transferring $800,000 in the NSP fund balance to the County1s CDBG program to be used for the CDC1s CDBG owner rehabilitation revolving loan fund. The purpose of the NSP was to assist in alleviating the foreclosure crisis. The grant was closed out in In 2017, the County contracted with the CDC to provide $800,000 of CDBG funding generated from the NSP transfer to recapitalize the CDBG Owner Rehab Revolving Loan Fund and to cover HOME administrative expenses. With no questions from the Board, the resolution was moved to approve by Director Walker and seconded by Director Winship. Vote was unanimous, motion carried, and resolution was adopted. Resolution CDC authorizing the CDC to increase the maximum Down payment Assistance loan in the Tallentire mixed income homeownership project to $120,000. The CDC Board commenced discussion and questions asked included: What is the structure of the loans? Deferred for 30 years. What was last sale price? $340K. Where did they start? In 2016 we projected price points in the mid s. How many units? Upon completion six low income buyers will receive downpayment assistance. With no further questions from the Board, the resolution was moved to approve by Director Bell-Beals and seconded by Director Hawkinson. Vote was unanimous, motion carried, and resolution was adopted. CDC Housing Resolutions: Resolution H was presented for approval of authorization to foreclose on a housing rehabilitation loan through the HOME program. The CDC Board commenced discussion and questions asked included: Has someone done a drive by? Staff indicated that no drive by had occurred yet but staff would make a site visit soon. With no further questions from the Board, the resolution was moved to approve by Director Miller and seconded by Director Bell-Beals. Vote was unanimous, motion carried, and resolution was adopted. Resolution H was presented for approval for a subordination of a $5,000 HOME loan under the Down Payment Assistance Program. The CDC Board commenced discussion and questions asked included: Would a mortgage lender explain reverse mortgage? A reverse mortgage is a HUD FHA insured loan that allows seniors over 62 to borrower against the equity in their home. The reverse mortgage has interest but no monthly payments. The loan balance goes up over time. They can use the equity to take payments, or monthly draws. The loan is paid at the time home is sold. It is basically a life estate with monthly income, stipend, or onetime payment. In this case they are paying off the first mortgage only. Why would they want to do that? They received a settlement and want to reduce monthly expenses. We are allowing them to do a reverse mortgage up to the $130k. Why aren't they just paying it off? They don 1 t have enough funds to pay off all the loans and they do not have enough equity to pay off the first mortgage and the CDC. With no further questions from the Board, the resolution was moved to approve by Director Bell-Beals and seconded by Director Hawkinson. Vote was unanimous, motion carried, and resolution was adopted.
5 GENERAL CDC BUSINESS: Staff reviewed the May 2018 Financials and Vouchers with the Board. The CDC Board commenced discussion and questions asked included: Board questioned the two NSP Transfers, understood it to be all at once? Last year CDC received approval for the $SOOK transfer. With the CDBG Timeliness requirement, the CDC transferred $400k last Sept and $400k in May. HUD indicated recently that it requires for one lump sum transfer. What is $35K to the County? It is the County share of the HOME program income admin. HOME has an allowance for ad min? We receive some entitlement grant, then majority is from the NSP transfer. So why don't numbers equal for expenses? Staff pointed out that the numbers did not transfer over (calculation error). With no further questions from the Board, the May 2018 financial statements and vouchers were moved to approve by Director Winship and seconded by Director Bell-Beals. The vote was unanimous, motion carried, and adopted. May/June 2018 Late payment report and CDC legal matters were reviewed by staff. STAFF UPDATES: State Audit entrance conference occurred. This will be a single audit of CDBG of homeowner rehab funds and operating procedures. When do they expect to be done? They anticipate being done by the end of July. They exit conference will be in August. TCRA Contract, our contract is expired and staff is still working on tailoring a new agreement. Septic Repair Contract, this contract is expired and no longer doing loans for CDC may have enough funds to do a couple of loans in Are there costs built into these loans? The SRLG are primarily for owners that are over income and do not qualify for HUD funded owner rehab programs. FUTURE BUSINESS: TCRA - August 2018 Affordable housing applications released on Friday, due in August, and presented in September 2018 PUBLIC COMMENT: No public comments ADJOURN There being no further business, the regular meeting was a motioned to adjourn by Director Hawkinson and seconded by Director Miller. The next meeting being Tuesday, August 21 5 \ The meeting was adjourned at 9:03 a.m.
6 Certified by: Board Chair Date Secretary Date Prepared by: Robyn Lee
NSP2 Grantees and Revolving Loan Funds. August 21, :00-4:00 PM
U.S. Department of Housing and Urban Development NSP2 Grantees and Revolving Loan Funds August 21, 2012 2:00-4:00 PM Community Planning and Development Presenters Moderator: National Development Council
More informationESG / Homelessness Prevention and Rapid Re-Housing Program & CDBG
The American Recovery and Reinvestment Act of 2009 (Recovery Act) Stimulus Funds for CD & H ESG / Homelessness Prevention and Rapid Re-Housing & CDBG Stimulus Funds for CD & H ESG / Homeless Prevention
More informationU.S. Department of Housing and Urban Development. Program Income. August 23, HUD Community Planning and Development
U.S. Department of Housing and Urban Development Program Income August 23, 2011 HUD Community Planning and Development Speakers and Q and A Format Speakers David Noguera, HUD Marsha Tonkovich, ICF Janine
More informationHOME INVESTMENT PARTNERSHIP PROGRAM (HOME) 2017 PROGRAM DESCRIPTION
HOME INVESTMENT PARTNERSHIP PROGRAM (HOME) 2017 PROGRAM DESCRIPTION Use of Funds The City of Kenosha intends to use its 2017 HOME funds for Program Administration and for eligible HOME Program activities
More informationMs. Walden made a motion to approve the minutes of January 12,2017. Mr. Dixon seconded the motion. The motion passed unanimously.
MINUTES PALM BEACH COUNTY CONSTRUCTION BOARD OF ADJUSTMENTS AND APPEALS (CBAA) 1. CALL TO ORDER/ CONVENE AS CBAA Chairman Marc Wiener called the meeting to order at 1:57 p.m. The meeting was conducted
More informationU.S. Department of Housing and Urban Development Community Planning and Development IX. FIELD OFFICE REVIEW OF RESALE/RECAPTURE PROVISIONS...
U.S. Department of Housing and Urban Development Community Planning and Development Special Attention of: Notice: CPD 12-003 All Secretary's Representatives All State/Area Coordinators Issued: January,
More informationCOBB COUNTY HOME PROGRAM RESALE/RECAPTURE PROVISIONS Revised 12/15/2015
I. BACKGROUND COBB COUNTY HOME PROGRAM RESALE/RECAPTURE PROVISIONS Revised 12/15/2015 Section 215 of the HOME statute establishes specific requirements that all HOME-assisted homebuyer housing must meet
More informationHOUSING AUTHORITY AGENDA MEMORANDUM
City and County of Broomfield, Colorado HOUSING AUTHORITY AGENDA MEMORANDUM To: From: Prepared by: Broomfield Housing Authority Members Charles Ozaki, Executive Director Pat Soderberg, Finance Director
More informationCity of Carrollton, Carrollton Housing Authority Neighborhood Stabilization Program. Real Estate Services Sales + Purchases
City of Carrollton, Carrollton Housing Authority Neighborhood Stabilization Program Real Estate Services Sales + Purchases Purpose of the City of Carrollton NSP Program Purchase foreclosed and abandoned
More informationCommunity Development Block Grant Program
U.S. DEPARTMENT OF HOUSING ANn URBAN DEVELOPMENT FOR: FROM: SUBJECT: Housing under Development Block Grant (CDBG) and Neighborhood Stabilization Programs (NSP) This memorandum provides information on how
More information2018 PROGRAM GUIDELINES
Nassau County HOME Down Payment Assistance Program For First-Time Homebuyers 2018 PROGRAM GUIDELINES All Applicants are required to read the below Guidelines and affix their signature to the Acknowledgment
More informationFINANCING ECONOMIC DEVELOPMENT PROJECTS. Economic Development Programs. What Is Economic Development Financing? Presented by Pat Thomson
1 FINANCING ECONOMIC DEVELOPMENT PROJECTS Presented by Pat Thomson pthomson@ndconline.org 2 Economic Development Programs To attract private investment into communities: create jobs increase tax base change
More informationCity of Billings. Substantial Amendment to Annual Action Plan. FY Year Five. of the FY Consolidated Plan.
FY2014-2015 Year Five of the FY2010-2014 Consolidated Plan City of Billings Substantial Amendment to Annual Action Plan December 5, 2014 Community Development Division PO Box 1178 Billings, Montana 59103
More informationOct 1, 2009 thru Dec 31, 2009 Performance Report
Oct 1, 2009 thru Dec 31, 2009 Performance Report Grant Number: B-08-MN-12-0022 Grantee Name: Pembroke Pines, FL Grant : $4,398,575.00 Grant Status: Active Obligation Date: Award Date: Contract End Date:
More information2016 PROGRAM GUIDELINES
Nassau County HOME Down Payment Assistance Program For First-Time Homebuyers 2016 PROGRAM GUIDELINES All Applicants are required to read the below Guidelines and check the acceptance verification box under
More informationThe Housing Authority of Billings. SECTION 8 HOMEOWNERSHIP HANDBOOK For HAB and MDOC Section 8 participants
The Housing Authority of Billings SECTION 8 HOMEOWNERSHIP HANDBOOK For HAB and MDOC Section 8 participants Contact: Carrie Sharp, FSS/Home Ownership Coordinator Housing Authority of Billings 2415 1 st
More informationMeeting Agenda State College Borough CDBG Citizens' Advisory Committee October 3, 2017 Room 242 / 12:00 p.m.
I. Call to Order Meeting Agenda State College Borough CDBG Citizens' Advisory Committee Room 242 / 12:00 p.m. II. Roll Call III. Approval of Minutes IV. Chair Report V. VI. Public Hour - Hearing of Citizens
More informationApril 1, 2011 thru June 30, 2011 Performance Report
Grantee: Pembroke Pines, FL Grant: B-08-MN-12-0022 April 1, 2011 thru June 30, 2011 Performance Report 1 Grant Number: B-08-MN-12-0022 Grantee Name: Pembroke Pines, FL Grant Amount: $4,398,575.00 Grant
More informationREQUEST FOR PROPOSAL SINGLE-FAMILY HOMEOWNER OCCUPIED REHABILITATION PROGRAM SERVICES JULY Tacoma Community Redevelopment Authority
REQUEST FOR PROPOSAL SINGLE-FAMILY HOMEOWNER OCCUPIED REHABILITATION PROGRAM SERVICES JULY 2013 Tacoma Community Redevelopment Authority City of Tacoma Community and Economic Development 747 Market Street
More informationCity of Madison. Meeting Minutes - Approved COMMUNITY DEVELOPMENT BLOCK GRANT COMMISSION. Tim Bruer and Arthur V. Robinson
COMMUNITY DEVELOPMENT BLOCK Madison, WI 53703 www.cityofmadison.com Thursday, 5:00 PM 215 Martin Luther King, Jr. Blvd. Room 260 (Madison Municipal Building) CALL TO ORDER / ROLL CALL Present: 5 - Absent:
More informationPlanning & Development Committee Meeting Minutes of April 24, :15 p.m. James C. Lytle Council Chambers - Lorraine H. Morton Civic Center
APPROVED 7:15 p.m. James C. Lytle Council Chambers - Lorraine H. Morton Civic Center MEMBERS PRESENT: M. Wynne, A. Rainey, D. Holmes, J. Fiske, E. Revelle, D. Wilson STAFF PRESENT: S. Mangum OTHERS PRESENT:
More informationRodney S. Fischer, Chairman Norris E. Counts, Secretary/Treasurer Casey Cane, Assistant Secretary Robyn Fiel, Assistant Secretary
Clearwater, Florida, February 4, 2015 The Housing Finance Authority (HFA) of Pinellas County (as created by the Code of Ordinances of Pinellas County, Section 2-386) held a Board Retreat in the Swisher
More informationHOMEOWNERSHIP CENTER OF TACOMA FINANCIAL STATEMENTS SUPPLEMENTARY INFORMATION YEARS ENDED JUNE 30, 2010 AND 2009
FINANCIAL STATEMENTS SUPPLEMENTARY INFORMATION YEARS ENDED JUNE 30, 2010 AND 2009 TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 1 FINANCIAL STATEMENTS Statements of Financial Position 2 Statements of
More informationCity Manager's Office
City Manager's Office STAFF REPORT Housing Commission Meeting Date: 3/1/2017 Staff Report Number: 17-007-HC Informational Item: Hello Housing Background Quarterly Activity Report Recommendation This is
More informationProgram Income: Basics and Closeout Requirements
U.S. Department of Housing and Urban Development g Program Income: Basics and Closeout Requirements February 10, 2015 Community Planning and Development Moderator Moderators and Host Paul Patterson, Dept.
More informationMembers Present: Stephen W. Ensign Kendall Buck John Cuddy Pauline Ikawa Mary Beth Rudolph Stephanye Schuyler Donald Shumway Michael Skelton
On Thursday,, New Hampshire Housing Finance Authority held its monthly Board meeting at the Authority s offices located at 32 Constitution Drive, Bedford, NH. Chair Ensign called the meeting to order at
More informationMEETING MINUTES Neighborhood Revitalization Board September 8, 2010 St. Etienne Conference Room Armory Building 5:00 p.m.
MEETING MINUTES Neighborhood Revitalization Board September 8, 2010 St. Etienne Conference Room Armory Building 5:00 p.m. Present: Frank Affannato; Tim Hielkema; Nadine Hogate; Frank Owens; Jean Minahan;
More informationJuly 1, 2010 thru September 30, 2010 Performance Report
Grantee: Pembroke Pines, FL Grant: B-08-MN-12-0022 July 1, 2010 thru September 30, 2010 Performance Report 1 Grant Number: B-08-MN-12-0022 Grantee Name: Pembroke Pines, FL Grant Amount: $4,398,575.00 Grant
More informationCITY OF JOPLIN HOMEBUYER ASSISTANCE PROGRAM (J-HAP) FREQUENTLY ASKED QUESTIONS (FAQ S) Updated May 12, 2014
1. What is the Joplin Homebuyer Assistance Program (J-HAP)? The City of Joplin s primary objective is to allocate a portion of its U.S. Department of Housing and Urban Development (HUD) Community Development
More informationWASHINGTON COUNTY HOMEBUYER ASSISTANCE PROGRAM CONSUMER GUIDELINES FOR HOMEBUYERS
WASHINGTON COUNTY HOMEBUYER ASSISTANCE PROGRAM CONSUMER GUIDELINES FOR HOMEBUYERS The U.S. Department of Housing and Urban Development (HUD) has made Community Development Block Grant (CDBG) and Home Investment
More informationALLENTOWN HOUSING AUTHORITY. REGULAR BOARD MEETING May 24, 2012
ALLENTOWN HOUSING AUTHORITY REGULAR BOARD MEETING May 24, 2012 The Board of Commissioners was called to order by Mr. Donald Senderowitz, Chair, and upon Roll Call, those present and absent were as follows:
More informationDRGR Fact Sheet: Setting up Revolving Loan Funds and Program Income Accounts
DRGR Fact Sheet: Setting up Revolving Loan Funds and Program Income Accounts Starting in November 2011, DRGR Release 7.3 will allow grantees to establish accounts to handle revolving loan funds (RLF) and
More informationTo: CREDIT COMMITTEE Date: February 15, 2018
MEMORANDUM NOTICE To: CREDIT COMMITTEE Date: February 15, 2018 From: Subject: Lee Krueger REGULAR CREDIT COMMITTEE MEETING FEBRUARY 20, 2018 2:00 P.M. Chair Williams is calling a meeting of the Credit
More information2018 HUD Action Plan. August 15, 2017
Unofficial Informal Briefing Minutes Tuesday August 15, 2017-10:30 AM Present: Charlotte J. Nash, Jace Brooks, Lynette Howard, Tommy Hunter, John Heard 1. Financial Services FY 2018 HUD Action Plan Shannon
More informationMontgomery County Land Reutilization Corporation (MCLRC) May Board Meeting October 16, 2018
Montgomery County Land Reutilization Corporation (MCLRC) May Board Meeting October 16, 2018 Attendees: Absent: (Copies To) Carolyn Rice, Treasurer (Chair of the Board) Doug Harnish, Principle, Market Metrics
More informationRams Horn Village Owners Association Board of Managers Meeting Wednesday, March 25, 2015 Minutes of the Meeting
Rams Horn Village Owners Association Board of Managers Meeting Wednesday, March 25, 2015 Minutes of the Meeting 1. Call to Order President Dave Mohr called the Meeting to order @ 5:03 PM MT by teleconference.
More informationAGENDA. City of Tacoma Planning Commission
City of Tacoma Planning Commission Donald Erickson, Chair Tina Lee, Vice-Chair Theresa Dusek Benjamin Fields Sean Gaffney Mark Lawlis Matthew Nutsch Erle Thompson Scott Winship AGENDA MEETING: TIME: PLACE:
More informationHOMEOWNER WELCOME PACKAGE. Short Sale Frequently Asked Questions
HOMEOWNER WELCOME PACKAGE Welcome to LA City Short Sales! We understand that this can be a challenging and stressful time in your life and our goal is to make the short sale process as easy as possible
More informationKILMARNOCK PLANNING COMMISSION Wednesday, February 11, 2009 Town Hall Kilmarnock, VA
1. Call to Order KILMARNOCK PLANNING COMMISSION Wednesday, February 11, 2009 Town Hall Kilmarnock, VA Regular Meeting Minutes Chairman Booth called the regular meeting to order at 7:00 pm with the following
More information2015/ /2017 AND 2017/2018
STATE HOUSING INITIATIVES PARTNERSHIP LOCAL HOUSING ASSISTANCE PLAN (SHIP LHAP) FISCAL YEARS COVERED 2015/2016 2016/2017 AND 2017/2018 Department of Urban Redevelopment Fort Pierce City Hall 100 North
More informationPolicy Board Meeting. Odessa College Zant Room in Saulsbury Center 201 W. University Blvd., Odessa, TX
Policy Board Meeting Odessa College Zant Room in Saulsbury Center 201 W. University Blvd., Odessa, TX February 20, 2017 Minutes Policy Board Members Present John B. Love III Chair, Councilman, City of
More informationBridgewood Estates Homeowners Association
~SIMPLEX,WHITE,58,2,7,000000,0,0027010325805193548498335794103,1,23~ Bridgewood Estates Homeowners Association P.O. Box 364 Gig Harbor, WA 98335 November 1, 2017 Dear Bridgewood Estates Homeowner, The
More informationWinnebago County Board of Health Meeting Tuesday, October 16, 6:30 p.m., 555 North Court Street Winnebago County Health Department
Winnebago County Board of Health Meeting Tuesday, October 16, 2012 @ 6:30 p.m., 555 North Court Street Winnebago County Health Department PRESENT: Angie Goral, Dr. John Halversen, Ronald Gottschalk, Luci
More informationSOLID WASTE ADVISORY COMMITTEE MEETING. MEMBERS PRESENT: Kathleen Ryan, Lee Walker, Paul Carbaugh, alternate, Jim Nelson, Howard Harrison, alternate
Page 1 of 5 SOLID WASTE ADVISORY COMMITTEE MEETING DATE: July 15, 2003 PLACE: Tillamook County Road Department Lunchroom MEMBERS PRESENT: Kathleen Ryan, Lee Walker, Paul Carbaugh, alternate, Jim Nelson,
More informationTOWN OF BABYLON Community Development s HOME Down Payment Assistance Program. for First Time Homebuyers 2016 PROGRAM GUIDELINES
TOWN OF BABYLON Community Development s HOME Down Payment Assistance Program for First Time Homebuyers 2016 PROGRAM GUIDELINES PLEASE RETAIN THESE GUIDELINES AFTER YOU SEND IN YOUR APPLICATION AS THEY
More informationMontpelier Housing Task Force AGENDA November 15, 2018 Montpelier City Hall Council Chambers
Montpelier Housing Task Force AGENDA November 15, 2018 Montpelier City Hall Council Chambers 1. Introductions and Approval of the Agenda 2. Approval of Minutes of October 18 th Meeting 3. Public Comment
More informationCity of Kittitas Council Meeting Minutes December 11, 2018
COUNCIL MEETING Mayor Cort led those assembled in the Flag Salute. Mayor Cort called the regular Council Meeting to order at 7:00 p.m.. Councilmembers present: John Camarata, Rich Coleman, Jerry Gilmour
More informationTHE BROOKLYN PARK ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN PARK NOVEMBER 18, 2013 MEETING MINUTES
THE BROOKLYN PARK ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN PARK NOVEMBER 18, 2013 MEETING MINUTES I. ORGANIZATIONAL BUSINESS: 1. CALL TO ORDER: President Jeffrey Lunde (6:00 p.m.) ROLL CALL
More informationFountain Hills Community Association Board of Directors Meeting June 1, 2017
Corrected as approved on July 6, 2017 The Board of Directors of held a Board of Directors at the Germantown Regional Services Center on Thursday, at 7:30 p.m. Board Members Present: Harry Matchett, President
More informationOctober 1, 2017 thru December 31, 2017 Performance
Grantee: Grant: Deerfield Beach, FL B-08-MN-12-0005 October 1, 2017 thru December 31, 2017 Performance 1 Grant Number: B-08-MN-12-0005 Grantee Name: Deerfield Beach, FL Grant Award Amount: $2,005,699.00
More informationCity of Miami Department of Community Development Neighborhood Stabilization Program 1 (NSP1)
City of Miami Department of Community Development Neighborhood Stabilization Program 1 (NSP1) The Neighborhood Stabilization Program (NSP1) provides up to $70,000 in deferred payment second mortgage subsidy
More informationWOODLAND ESTATES 850 W. Middle Avenue - Morgan Hill, CA Telephone:
WOODLAND ESTATES 850 W. Middle Avenue - Morgan Hill, CA 95037-6107 Telephone: 408-779-8991 - Email: woodlandestates@verizon.net March 28, 2017- BOARD OF DIRECTORS MEETING MINUTES I. Call to Order at 7:00
More informationJuly 1, 2011 thru September 30, 2011 Performance Report
Grantee: St Petersburg, FL Grant: B-08-MN-12-0026 July 1, 2011 thru September 30, 2011 Performance Report 1 Grant Number: B-08-MN-12-0026 Grantee Name: St Petersburg, FL Grant Amount: $9,498,962.00 Grant
More informationApril 1, 2011 thru June 30, 2011 Performance Report
Grantee: State of North Carolina Grant: B-08-DN-37-0001 April 1, 2011 thru June 30, 2011 Performance Report 1 Grant Number: B-08-DN-37-0001 Grantee Name: State of North Carolina Grant Amount: $52,303,004.00
More informationWASHINGTON CONSUMER FORECLOSURE REMEDIES FUND COMMITTEE PROPOSAL COVERSHEET
PROPOSAL TITLE: Homeowner Rescue & Recovery Project PROPOSAL AMOUNT: $4,000,000.00 PROPOSING ENTITY: Aberdeen Neighborhood Housing Services, Inc. DBA NeighborWorks of Grays Harbor County (NeighborWorks
More informationUNDERSTANDING THE DOWN PAYMENT ASSISTANCE QUALIFYING PROCESS THROUGH THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM (SHIP) FOR HERNANDO COUNTY
UNDERSTANDING THE DOWN PAYMENT ASSISTANCE QUALIFYING PROCESS THROUGH THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM (SHIP) FOR HERNANDO COUNTY 1661 Blaise Drive Brooksville, FL 34601 Phone: (352) 754-4160
More informationB-09-DN-DE April 1, 2018 thru June 30, 2018 Performance Report. Community Development Systems Disaster Recovery Grant Reporting System (DRGR)
Grantee: Grant: Delaware B-09-DN-DE-0012 April 1, 2018 thru June 30, 2018 Performance Report 1 Grant Number: B-09-DN-DE-0012 Grantee Name: Delaware Grant Award Amount: $10,007,109.00 LOCCS Authorized Amount:
More informationFinancing Residential Real Estate. FHA-Insured Loans
Financing Residential Real Estate Lesson 11: FHA-Insured Loans Introduction In this lesson we will cover: FHA loan programs, graduated payment mortgages, FHA insurance premiums, sales concessions such
More informationParticipating Lender Training
Participating Lender Training 1 CHFA S MISSION To provide housing opportunities for low and moderate - income people in Connecticut and to aid economic development. 2 www.chfa.org 3 CHFA AND BOND COMPLIANCE
More informationPIERCE COUNTY COMMINITY DEVELOPMENT CORPORATION WASHINGTON STATE HOUSING FINANCE COMMISSION
PIERCE COUNTY COMMINITY DEVELOPMENT CORPORATION WASHINGTON STATE HOUSING FINANCE COMMISSION Pierce County DPA - HOME WRITTEN AND RECAPTURE AGREEMENT This Agreement regarding a HOME subsidy(the Agreement
More informationMinutes. Francis City Council Meeting Thursday, May 9, 2013 Francis City Community Center 7:00 p.m.
Minutes Francis City Council Meeting Thursday, May 9, 2013 Francis City Community Center 7:00 p.m. Attending: Mayor R. Lee Snelgrove, Councilmember s Mike Baldwin, Matt Crittenden, Jeremie Forman, Gio
More informationReverse mortgages. A discussion guide. Consumer Financial Protection Bureau
Reverse mortgages A discussion guide Consumer Financial Protection Bureau About this discussion guide This guide gives an overview of many key concepts of reverse mortgages. A qualified reverse mortgage
More informationHousing Authority of the County of Santa Cruz Section 8 Homeownership Assistance Program Eligibility Worksheet
Housing Authority of the County of Santa Cruz Section 8 Homeownership Assistance Program Eligibility Worksheet SECTION 8 HOMEOWNERSHIP ELIGIBILITY Yes No Do you meet any of the Disabled/Elderly definitions
More informationCOMMUNITY LAND TRUST (CLT) WORKFORCE HOUSING PROGRAM. FIRST-COME FIRST-SERVED INTAKE APPLICATION GUIDELINES Please Read Carefully
COMMUNITY LAND TRUST (CLT) WORKFORCE HOUSING PROGRAM FIRST-COME FIRST-SERVED INTAKE APPLICATION GUIDELINES Please Read Carefully I. Program Description The Long Island Housing Partnership, Inc. and its
More informationCraig Nickerson, National Community Stabilization Trust (NCST) Rob Grossinger, Enterprise Community Partners (Enterprise)
Presenters Host: National Development Council Moderator: TBD Presenters: Craig Nickerson, National Community Stabilization Trust (NCST) Rob Grossinger, Enterprise Community Partners (Enterprise) 2 NSP
More informationAffordable Housing Partner. Homebuyer Assistance & Neighborhood Stabilization Program Home Purchase. Program Manual of Procedures & Forms
Community Assistance Affordable Housing Partner Homebuyer Assistance & Neighborhood Stabilization Program Home Purchase Program Manual of Procedures & Forms Fiscal Year 2018-2020 AHP Manual of Procedures
More informationSHEBOYGAN COUNTY REVOLVING LOAN FUND COMMITTEE MINUTES. Administration Building 508 New York Avenue Sheboygan, WI
SHEBOYGAN COUNTY REVOLVING LOAN FUND COMMITTEE MINUTES Administration Building 508 New York Avenue Sheboygan, WI Called to Order: 12:00 Noon Adjourned 1:15 P.M. MEMBERS PRESENT: MEMBERS ABSENT: ALSO PRESENT:
More informationU.S. Department of Housing and Urban Development Community Planning and Development
U.S. Department of Housing and Urban Development Community Planning and Development Special Attention of: Notice: CPD 97-9 All Secretary's Representatives All State/Area Coordinators Issued: September
More informationCity of Tacoma Environmental Services
The City of Tacoma offers low-interest loans with terms of up to 10 years for residential sewer and storm water conservation projects. Eligibility Please note: You must apply and be approved before the
More informationTRIP, NeighborWorks HomeOwnership Center & Rensselaer County Housing Resources
TRIP, NeighborWorks HomeOwnership Center & Rensselaer County Housing Resources Information for First Time Home Buyers 2015 Our History Troy Rehabilitation & Improvement Program (TRIP), Inc was established
More informationTRANSIT AUTHORITY OF NORTHERN KENTUCKY Board of Directors March 14, 2018
TRANSIT AUTHORITY OF NORTHERN KENTUCKY Board of Directors The TANK Board of Director s Meeting was called to order at 5:30 p.m. on Wednesday, March 14, 2018 at the TANK Offices by Mr. Tim Donoghue, Board
More informationLCOG BUDGET COMMITTEE Chris Pryor, Chair Steve Recca, Secretary Sherry Duerst-Higgins Matt Keating
MEETING: LCOG BUDGET COMMITTEE Chris Pryor, Chair Steve Recca, Secretary Sherry Duerst-Higgins Matt Keating Ric Ingham Jessica Mumme DATE: Wednesday, April 27, 2016 TIME: LOCATION: 4:30 p.m. Lane Council
More informationHousing Trust Fund Initiative
Housing Trust Fund Initiative Economic Development and Housing Committee October 1, 2007 Purpose To describe how a City of Dallas Housing Trust Fund might be initiated 2 1 What are Housing Trust Funds?
More informationSnow Belt Housing Company, Inc.
Snow Belt Housing Company, Inc. Cheryl L. Shenkle-O Neill, Executive Director 7500 South State Street ~ Lowville, NY 13367 Phone (315) 376-2639 ~ Fax (315) 376-2518 E-mail: cheryl@snowbelt.org NYS Relay
More informationGranite Oaks Water Users Association Board Meeting Minutes Meeting of October 24, 2018
Granite Oaks Water Users Association Board Meeting Minutes Meeting of October 24, 2018 BOARD MEMBERS Jim Bricker, President Claire Hutt, Vice President John James, Treasurer Bonnie Pearson, Secretary Daryl
More informationB. Role of Housing Authority in Promoting Voucher Participation to Developers
1. Roll Call HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ AGENDA OF THE REGULAR BOARD MEETING January 23, 2019 11:30 a.m. TO BE HELD AT: HOUSING AUTHORITY OFFICES 2160 41 st Avenue, Capitola, CA 95010
More informationCHFA-Approved Lenders Mortgage Program Training. Rev 5/10/18
CHFA-Approved Lenders Mortgage Program Training Rev 5/10/18 Our Mission To alleviate the shortage of housing for low-to-moderate income families and persons in this State and, when appropriate, to promote
More informationCity of Lakewood Down Payment Assistance Program CDBG Program FY 2014
City of Lakewood Down Payment Assistance Program CDBG Program FY 2014 As part of the City of Lakewood s affordable homeownership program, the City is offering Down Payment Assistance (DPA) using CDBG (Community
More informationMontgomery County Land Reutilization Corporation (MCLRC) November Board Meeting November 27, 2018
Montgomery County Land Reutilization Corporation (MCLRC) November Board Meeting November 27, 2018 Attendees: Carolyn Rice, Treasurer (Chair of the Board) Doug Harnish, Principle, Market Metrics (Vice Chair
More informationJanuary 1, 2015 thru March 31, 2015 Performance Report
Grantee: Grant: Pembroke Pines, FL B-11-MN-12-0022 January 1, 2015 thru March 31, 2015 Performance Report 1 Grant Number: B-11-MN-12-0022 Grantee Name: Pembroke Pines, FL Grant Award Amount: $2,330,542.00
More informationB-08-MN October 1, 2016 thru December 31, 2016 Performance. Community Development Systems Disaster Recovery Grant Reporting System (DRGR)
Grantee: Grant: Warren, MI B-08-MN-26-0014 October 1, 2016 thru December 31, 2016 Performance 1 Grant Number: B-08-MN-26-0014 Grantee Name: Warren, MI Grant Award Amount: $5,829,447.00 Obligation Date:
More informationUnderstanding The FHA 203(k) Rehab Streamline Loan Program
Understanding The FHA 203(k) Rehab Streamline Loan Program FHA s 203K Streamline Rehab Program The FHA 203(k) program is HUD s primary program for the rehabilitation and repair of residential properties
More informationMeeting Agenda State College Borough CDBG Citizens Advisory Committee January 8, 2019 Room 241 / Noon
I. Call to Order Meeting Agenda State College Borough CDBG Citizens Advisory Committee Room 241 / Noon II. Roll Call III. Election of Officers IV. Approval of Minutes V. Chair Report VI. VII. VIII. IX.
More informationLAKE FORK HEALTH SERVICE DISTRICT BOARD OF DIRECTORS MONTHLY MEETING AGENDA
LAKE FORK HEALTH SERVICE DISTRICT BOARD OF DIRECTORS MONTHLY MEETING AGENDA MISSION STATEMENT The mission of the Lake Fork Health Service District is to enhance the quality of life in our community by
More informationOmaha Municipal Land Bank Board MINUTES
Board MINUTES Wednesday, February 10, 2016 Regular Meeting: 9:00 AM, Jesse Lowe Conference Room 3 rd Floor Omaha/Douglas Civic Center 1819 Farnam Street Meeting Minutes: This document states the minutes
More informationOwnership Through Partnership Program (OTP)
Board Resolution No.6529 NHP s Home Buying Assistance Tools Exhibit A January 9, 2008 Page 1 of 5 Ownership Through Partnership Program (OTP) PURPOSE Portland Development Commission s (PDC) Ownership Through
More informationMinutes for the City of Sterling Municipal Band Commission
Minutes for the City of Sterling Municipal Band Commission October 8, 2018 Commissioners: Gonzalo S. Reyes Chair Alex Segneri Vice Chair Amy Boze Secretary Staff: Annette Hackbarth Interim Director Cheryl
More informationApril 1, 2011 thru June 30, 2011 Performance Report
Grantee: Miramar, FL Grant: B-08-MN-12-0018 April 1, 2011 thru June 30, 2011 Performance Report 1 Grant Number: B-08-MN-12-0018 Grantee Name: Miramar, FL Grant Amount: $9,312,658.00 Grant Status: Active
More information10400 Detrick Avenue Kensington, Maryland (240)
HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY 10400 Detrick Avenue Kensington, Maryland 20895 (240) 627-9425 Minutes 13-06 The monthly meeting of the Housing Opportunities Commission of Montgomery
More informationState of Kansas Neighborhood Stabilization Program. Proposed Amended Action Plan Disaster Damage
State of Kansas Neighborhood Stabilization Program Proposed Amended Action Plan 4-15-2010 Disaster Damage A. AREAS OF GREATEST NEED On July 30, 3008, Congress passed the Housing and Economic Recover Act
More informationISLIP IX BRENTWOOD WORKFORCE HOUSING PROGRAM
ISLIP IX BRENTWOOD WORKFORCE HOUSING PROGRAM I. Program Description PROGRAM GUIDELINES Please Read Carefully The Long Island Housing Partnership, Inc. and its Affiliates (LIHP) and the Islip Town Community
More informationTRID (TILA-RESPA Integrated Disclosures) Presented by:
TRID (TILA-RESPA Integrated Disclosures) Presented by: What is TRID? TRID will eliminate the use of the good faith estimate, truth in lending disclosures, and HUD-1 Settlement Statement. They will now
More informationIASCD Membership Business Meeting Tuesday, November 19, IASCD Conference, Boise, Idaho
1 2 3 4 IASCD Membership Business Meeting Tuesday, November 19, 2013 2013 IASCD Conference, Boise, Idaho 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 IASCD Board & Staff Present: Kit Tillotson,
More informationCHAPTER 2: GENERAL PROGRAM RULES
The HOME program has a number of basic rules that apply to all program activities. These rules concern: The definition of a project; The form and amount of subsidy; Eligible costs; The property; The applicant
More informationStrategies and Compliance: Implementing the OCR s New CDBG Program Income Requirements
Strategies and Compliance: Implementing the OCR s New CDBG Program Income Requirements A New York State Economic Development Council Workshop Presented by: Harry Sicherman, President The Harrison Studio
More informationHOMEBUYERS PURCHASE PROGRAM POLICIES & PROCEDURES MANUAL PY 2007 SUMMARY
CITY OF EAST ORANGE, NEW JERSEY NEIGHBORHOOD HOUSING & REVITALIZATION DIVISION HOMEBUYERS PURCHASE PROGRAM POLICIES & PROCEDURES MANUAL PY 2007 SUMMARY The City of East Orange HOMEBuyers Purchase Program
More information19 FREQUENTLY ASKED QUESTIONS
19 FREQUENTLY ASKED QUESTIONS TERMS & CONDITIONS Q. What is the Total Debt To Income ratio allowed under the Program? A. The Total Debt To Income ratio cannot exceed 50.00%, unless other restrictions apply.
More informationFREE Home Buyers Seminar
Why Rent When You Can Own for the Same Payment! $138,265 Mortgage = $650 Monthly Payment Call to register and reserve seat. Lunch/Dinner will be served. FREE Home Buyers Seminar Saturday, March 31st and
More informationJanuary 1, 2016 thru March 31, 2016 Performance Report
Grantee: Grant: Houston, TX B-11-MN-48-0400 January 1, 2016 thru March 31, 2016 Performance Report 1 Grant Number: B-11-MN-48-0400 Grantee Name: Houston, TX Grant Award Amount: $3,389,035.00 LOCCS Authorized
More informationJanuary 1, 2014 thru March 31, 2014 Performance Report
Grantee: Palm Beach County, FL Grant: B-08-UN-12-0013 January 1, 2014 thru March 31, 2014 Performance Report 1 Grant Number: B-08-UN-12-0013 Grantee Name: Palm Beach County, FL LOCCS Authorized Amount:
More information