nsp2 grantee peer-to-peer webinar

US Department of Housing and Urban Development

NSP2 Grantee Peer-to-Peer Webinar

Thursday June 30 2011

HUD Community Planning and Development

Introductions bull Moderators

ndash Kelly Price ICF International

ndash Courtney Smith ICF International

ndash Vincent Grady ICF International

bull How to ask questions

ndash Change status in Live Meeting from green to purple

ndash Press 1 to ask a question through Premiere Conference

bull Provide Name and Organization

bull If question already answered press 2 to remove from queue

ndash Can also write in questions

ndash Change status back to green after question answered

US Department of Housing and Urban Development bull Community Planning and Development 2

Webinar Goal amp Context bull GOAL Provide information from fellow NSP2 grantees that have been successful thus far in planning activities amp expending funds bull Summary of NSP2 fund requirements

ndash Must expend 50 of funds 2 years from date HUD signed grant agreement amp 100 of funds in 3 years

ndash All housing purchased or rehabilitated must be targeted to households whose income does not exceed 120 of AMI with at least 25 targeted to households whose incomes do not exceed 50 of AMI

ndash Program income must be disbursed for NSP2 eligible activities before additional cash withdrawals can be made amp is counted in the 3 year expenditure deadline


Agenda bull Presentations from NSP2 Grantees

ndash Steven Haver Reading PA

ndash Pam Hallett The Community Builders

ndash David Morton Reno Housing Authority

ndash German Reyes Chicanos Por La Causa

bull Open question and answer with grantee panelists


Reading PA

bull Lead applicant in NSP2 Consortium includingthe City of Reading the Public Housing Authority of the City of Reading and Our City Reading (a non profit corporation)

bull Organizations identified to assist the Consortium in implementing the NSP 2 program include Neighborhood Housing Services of Greater Berks Habitat for Humanity and the Berks County Redevelopment Authority


Reading PA bull Total amount of NSP2 funding $5000000

bull Program Activities

ndash Acquisition rehabilitation and reselling approximately 80 single-family units andacquiring and rehabilitating approximately 20rental units


Reading PA bull Program Income

ndash Program income returned to the program to meet target numbers

bull Partnerships ndash Consortium includes Our City Reading Inc a

non-profit developer and Reading Housing Authority as owneroperator of the rental units


Reading PA bull Consortia Management

ndash Pre-established relationship and lengthy experience working with both consortium partners

bull Capacity Building ndash Capacity was developed in an existing

HOME-funded acquisitionrehabresaleprogram that produced 400+ units in 10 years

bull Systems and Tools ndash Monthly progress and property status reports

are compiled (pre-established process)


The Community Builders

bull Nonprofit development company devoted to building strong communities where individuals ofall incomes can achieve their full potential

bull Playing a leading role in assisted housing transformation via the HUD HOPE VI Section 8 Low Income Housing Tax Credit and Neighborhood Stabilization programs

bull NSP2 program is targeted in District of Columbia Massachusetts New York Pennsylvania Ohio Virginia Illinois Indiana North Carolina


The Community Builders bull Total amount of NSP2 funding of $78617631

bull Program Activities ndash Multi family development ndash Redevelopment of vacant land ndash Acquisition and rehab of assisted housing

ndash Construction bridge loans ndash Pre-development expenses


The Community Builders bull Program Income

ndash Account set up to receive PI ndash Established procedures for reporting and

spending PI ndash PI utilized in same manner as program funds ndash Small amount of NSP dollars is left in each

project bull Partnerships

ndash Established relationships with state amp local municipalities local HUD Offices lenders


The Community Builders bull Capacity Building

ndash Internal Staff Training Session National ndash Hired Outreach Coordinator for Section 3

ndash Hired Skilled consultants for Section 3 Plan ndash Sent staff to HUD Trainings

bull Systems and Tools ndash Database to track Davis Bacon amp Section 3

Requirements ndash Expenditures reported weekly with staff amp

reviewed monthly with senior staff


The Community Builders bull Meeting the 50 Expenditure Deadline

ndash Began watching expenditures in fall of 2010 ndash Report on expenditures at weekly meetings ndash Tracking projectswatching deadlines and construction

spending ndash Trainupdate staff regularly on status of ldquothe dealrdquo ndash Now scheduling monthly meetings with senior staff to

review expenditure status ndash Defining and Refining project timing set plans A B and

C to get to the 50 ndash Encourage staff to move projects created

predevelopment loans on ldquoreal dealsrdquo to be repaid by the project acquisition and construction loans


Reno Housing Authority bull Public Housing Authority for the City of Reno City

of Sparks and Washoe County bull Currently owns and manages 764 units of Public

Housing owns over 100 rental propertiesspecifically targeted for low income households ampprovides housing subsidies to more than 2500 lowincome families in Reno Sparks and Washoe County

bull NSP2 Consortia includes the Reno Housing Authority in combination with the City of RenoNevada Rural Housing Authority Consumer Credit Counseling Services and Charles Schwab Bank


Reno Housing Authority bull Total amount of NSP2 funding - $20995000

bull Program Activities ndash Acquisition and rehabilitation for rental amp

homeownership

ndash Main goal was to purchase up to 200 homes for rental lease-to-own and sale


Reno Housing Authority bull Program Income

ndash Limited during grant period PI from home sales will be recycled into program

bull Consortia Management ndash Compensation incentives for participation

bull City of Reno receives funding for an Environmental Review employee

bull Nevada Rural Housing Authority will receive five and possibly ten rental properties

bull Consumer Credit Affiliates will be paid $108000 for providing homeownershipcounseling classes


Reno Housing Authority bull Capacity Building

ndash Developed timeline amp plan based on existing strengths and provided incentives to ensure participation

bull Systems and Tools ndash Weekly meetings to monitor progress ndash Regular tracking reports


Chicanos Por La Causa ndash Arizonarsquos largest Community Development Corporation

ndash Created to address the problems of the barrios of South Central Phoenix Arizona

ndash Focused on individuals and families with low or moderate income levels

ndash Organizationrsquos Program Activities include bull Economic Development bull Education bull Community Development amp Housing bull Social Services

ndash Lead consortium member for thirteen (13) non-profit affordable housing developers in NSP2

httpwwwcplcorg US Department of Housing and Urban Development bull Community Planning and Development 18

Chicanos Por La Causa bull NSP2 award of $137 million to 13 nonprofits

across 8 states and the District of Columbia bull Coalition created via NALCAB association

bull Program Activities ndash Not all activities are being performed by each member

bull Single family for re-sale ndash 656 units bull Single family rentals - 79 bull Multifamily rentalsndash 797 units bull Demolition units ndash 150 units bull Land banking - 183 units bull Redevelopment ndash 178 units


Chicanos Por La Causa bull Program Income

ndash Most members Incorporated into each members original plans

ndash Unit production predicated on resale of affordable units amp expending PI to produce additional units

ndash PI reported through NSP2 Portal and credited to coalition expended first prior to any additional draws by coalition members

bull Partnerships ndash Existing partnerships with local lenders Housing Agencies amp

Developers

ndash National partnerships established with NCST amp Fannie Mae


Chicanos Por La Causa bull Consortia Management

ndash Created a web based portal for Corporate Compliance Monitoring amp Program Mgmt

bull Portal used to upload property details request drawdowns amp track PI

ndash Weekly internal National NSP2 calls

ndash Monthly Consortium Calls

ndash National NSP2 Conference held in Phoenix to review all programs discuss national challenges exchange best practices

ndash CPLC ldquoCompetency Centerrdquo ndash Oversees env transactions

bull Over 300 environmental approvals given to date


Chicanos Por La Causa bull Expenditure Goals

ndash CFAs created amongst CPLC and consortium members ndash More aggressive expenditure goals in CFA ndash Peer Review groups implemented early on to ensure strong

strategy ndash Specific visits conducted after peer review to focus on

ldquochallengingrdquo areas

ndash Continuous communication with HUD re strategy given dynamic nature of local markets

bull Capacity Building

ndash Est internal monitoring amp auditing component ndash Section 3 Consultant hired through NALCAB


Questions for Todayrsquos Panel bull Grantees

ndash Steven Haver Reading PA ndash Pam Hallett The Community Builders

ndash David Morton Reno Housing Authority ndash German Reyes Chicanos Por La Causa


Contact Your Peers Grantee Email

Steven Haver StevenHaverreadingpaorg Reading PA Pam Hallett PHallettTCBINCORGThe Community Builders

David Morton DMortonrenohaorgReno Housing Authority German Reyes GermanReyescplcorgChicanos Por La Causa


Your Feedback Is Important to Us

bull Answer a few short questions httpwwwsurveymonkeycomsNSP2Peertope er


Introductions bull Moderators

ndash Kelly Price ICF International

ndash Courtney Smith ICF International

ndash Vincent Grady ICF International

bull How to ask questions

ndash Change status in Live Meeting from green to purple

ndash Press 1 to ask a question through Premiere Conference

bull Provide Name and Organization

bull If question already answered press 2 to remove from queue

ndash Can also write in questions

ndash Change status back to green after question answered














Reading PA
























































homeownership






























Developers











































Reading PA
























































homeownership






























Developers



















































































homeownership






























Developers


























































Developers































nsp2 grantee peer-to-peer webinar

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