Assemblyman Schaer 1. Please provide five-year history of the number of State Rental Assistance Program (SRAP) vouchers available and the number of SRAP vouchers distributed to New Jersey households.
The chart below details the number of SRAP vouchers available and the number distributed from FY2012 through FY2016.
SRAP # of Vouchers ‐‐ Available vs. Distributed by Fiscal Year (in thousands)
# of Vouchers Fiscal Year Available Distributed 2012 4,453 4,243 2013 4,592 4,048 2014 4,408 4,048 2015 4,344 3,867 2016 4,292 3,906
2. Please provide a breakdown of funding sources for SRAP over the last five years.
SRAP Funding Sources FY2012 ‐ FY2016 (in thousands)
Realty Gen Transfer Fiscal Fund GIA Tax Year Approp Revenue HMFA TOTAL 2012 ‐ 32,860 9,000 41,860 2013 21,000 22,161 ‐ 43,161 2014 18,500 22,932 ‐ 41,432 2015 18,500 22,336 ‐ 40,836 2016 18,500 21,843 ‐ 40,343
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3. According to data provided by the department to the Office of Legislative Services, the number of SRAP vouchers decreased from 5,000 in Fiscal Year 2011 to 4,000 in Fiscal Year 2013. Why did the number of SRAP vouchers decline? How many SRAP vouchers were available for Fiscal Year 2015 and Fiscal Year 2016?
The number of active SRAP vouchers decreased between FY2011 and FY2013 due to attrition in the program, as well as to the loss of some project-based units that were destroyed in Superstorm Sandy.
A total of 4,344 SRAP vouchers were available in FY2015, and 4,292 were available in FY2016. Also, in April 2016, DCA issued a Request for Proposals that will award an additional 500 SRAP vouchers for the statewide Housing First Initiative.
4. New Jersey leads the nation in foreclosures. Please describe those programs and budget proposed in the Fiscal Year 2017 budget that will assist families and individuals and families suffering from the foreclosure crisis and the annual allocated in the budget to each program.
No state appropriations are sought to administer foreclosure prevention programs. However, on February 19, 2016, the U.S. Department of Treasury announced that it would obligate a fifth round of funding from the Hardest Hit Fund (HHF) Program that will be allocated in two phases of $1 billion each for a total of up to $2 billion in funding. Approval was received by the Agency Board on March 3, 2016 to accept the $69.2 million in Fifth Round-Phase 1 funds and to submit a written application to the U.S. Treasury for Phase 2 funds. On April 20, 2016, the U.S. Department of the Treasury announced that New Jersey had been awarded an addition $45.3 million in Phase 2 funds.
Below is a list of active programs that are already funded through federal and state appropriations.
Federally Funded Programs
The New Jersey Home Saver Program (HSP) (Hardest Hit Funds). The HSP Program was launched in July 2015. This program facilitates a reinstatement, refinance, recast, or permanent modification of a first mortgage loan through a principal reduction and/or reinstatement payment to lower the household monthly payment to an affordable level. For the qualified applicant whose mortgage is delinquent, program monies are used to bring the first mortgage current before applying it to the principal balance. The program has been allocated over $17 million through HHF. It is anticipated that 345 households will be assisted.
The National Foreclosure Mitigation Counseling Program (NFMC). The NFMC Program is a federally funded program administered by NeighborWorks America in partnership with the HMFA to provide homeowners with free housing counseling services in an effort to prevent foreclosure. Housing counselors work with the
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homeowner and the lender, utilizing tools such as the federal Making Home Affordable modification and forbearance programs, as well as state programs in order to negotiate a more affordable mortgage payment. The HMFA was awarded an additional grant of $1.4 million in March 2015 under Round 9 funding, bringing the total funding awarded since the program’s inception in April 2008 to over $8 million. Over 14,500 households across the State have been assisted through this program. The HMFA has recently applied for funds under Round 10. Awards are expected to be announced in the second quarter of 2016.
HUD-Comprehensive Housing Counseling Grant Program. On October 1, 2013, the State was awarded a HUD housing counseling grant to administer funding to HUD- certified housing counseling agencies that assist low- and moderate-income families in need of housing and budget counseling. This funding enables New Jersey to improve the quality of housing counseling services and enhance coordination among counseling providers throughout the State. To date, a total of $439,357 has been awarded, and more than 2,500 residents have been assisted. In April 2016, the HMFA applied for grant funding under the FY 2016 Comprehensive Housing Counseling NOFA. It is anticipated that awards will be announced in the third quarter of 2016.
State Funded Programs The New Jersey Judiciary Foreclosure Mediation (NJJFM) Program. The NJJFM Program was created in 2009 through a state appropriation of $12.5 million to resolve foreclosure actions by proposing work-out and payment arrangements, or exit strategies, with the help of neutral mediators through the New Jersey Courts. The program is one of the most successful foreclosure mediation programs in the country and has resulted in 40- 45% of participating homeowners keeping their home. Homeowners in foreclosure receive a notice about the program at the time the complaint is served and have 60 days to opt into participation. The per diem mediators travel to each county in the state providing mediation services. It is estimated that the administering agency, the Office of Dispute Settlement, has funds available to continue the program through the end of 2016. More than 14,000 have been assisted.
5. How does New Jersey intend to use any funding awarded to the State through Phase 2 of the allocation of additional monies through the federal Hardest Hit Fund?
With the funds received in both Phases of Round 5 funding, HMFA plans to reopen the HomeKeeper program.
6. What other efforts has the department undertaken to prevent foreclosures?
Please see response to Question 4.
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7. How is the department supporting housing counseling and organizations that provide counseling services? Please describe, in detail, the foreclosure marketing campaign initiated by the New Jersey Housing and Mortgage Finance Agency using National Foreclosure Mitigation Counseling (NFMC) funds. What this program successful? How many families were assisted through the foreclosure marketing campaign?
In the summer of 2015, HMFA launched the Atlantic County Foreclosure Prevention Marketing Campaign to assist homeowners who are struggling to keep their homes. The campaign included free foreclosure prevention programs designed to provide resources to homeowners such as short-term assistance for homeowners who have been paying their mortgage but had a recent short-term hardship which caused them to fall behind on their mortgage, or homeowners who have experienced more severe hardships and are now facing foreclosure.
Marketing Efforts
Billboard 16’ x 60’ billboard posted on Atlantic City Expressway from June 29-December, 2015 Atlantic County Events April 22, 2015 – NJCM conference – Atlantic City Convention Center – HMFA staffed a booth providing handouts to Mayors on the foreclosure programs available to assist their constituents May 19, 2015 – NJAA conference – Atlantic City Convention Center – HMFA staffed a booth along with the housing counseling agency – Consumer Credit and Budget June 15, 2015 – Atlantic County Resource Fair (Senator Booker) – Atlantic City – HMFA staffed a booth June 24, 2015 – RREM Informational Session – Atlantic City – HMFA staffed a booth June 24, 2015 – Police and Security Expo – Atlantic City Convention Center – HMFA staffed a booth September 16, 2015 – RREM Information Session – Brigantine – HMFA staffed a table October 8, 2015 – Foreclosure Fair – (Assemblyman Chris A. Brown) - HMFA staffed a table providing handouts to constituents October 20, 2015 – Under One Roof - 2015 Community Development Conference & Membership Meeting – HMFA staffed a table providing handouts to attendees October 27, 2015 – Governor’s Conference on Housing and Economic Development- HMFA staffed booths to provide foreclosure information to attendees November 17-19, 2015 – The League of Municipalities – Atlantic City - HMFA staffed a table and provided handouts December 8-9, 2015 – Triple Play – Atlantic City – HMFA staffed a table and provided handouts January 27, 2016 – RREM Information Session – Atlantic City – HMFA staffed a table and provided handouts
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Direct mailing of flyers and rack cards promoting the foreclosure campaign to: Librarians Clerks/Mayors Department of Labor One Stops Housing Counselors
Radio Public Service Announcements – August 2015 through February 2016 To air statewide o In Atlantic County/Atlantic City region, we are running public service announcements on the stations clusters owned by Longport Media and Townsquare NJ, as well as other stations that cover the region, including Fisher Broadcasting and Greater Media-Philadelphia.
o The Atlantic New Jersey Stations include: WIBG 94.3 FM; WMGM-FM 103.7; WTKU KOOL 98.9;WBSS Sportsradio; WIP; WMGM 103.7 Rocks; WWAC 102.7; WOND 1400; Lite Rock 96.9; Cat Country 107.3; 97.3 ESPN; WPG Talk Radio 1450 ; SoJO 104.9; Cruisin' 92.1 – WVLT; WMMR 93.3; Ben FM 96.7; MGK 102.9 and Fantastic 97.5
Newspaper Ads – October 2015 – Foreclosure Prevention ads were published twice in the following Atlantic County publications: The Daily Journal The Bridgeton Journal The Cumberland Journal Atlantic County Record Egg Harbor News Hammonton News Mainland Journal
The goal of the Foreclosure Prevention Marketing Campaign was to assist homeowners at risk of foreclosure by seeking free HUD-certified housing counseling services. Since the beginning of the campaign, HMFA has seen a 30% increase in visits to HMFA’s foreclosure prevention website found at: www.njhousing.gov/foreclosure.
8. Does the department intend to make information available through its website on the current balance in each municipality’s affordable housing trust fund?
Municipalities are not required to report this information to the State.
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9. P.L.2007, c.251 requires the department to inspect single-family and two-family dwellings at least one every five years for lead-based paint hazards. How many more dwellings is the department required to inspect under the requirements of P.L.2007, c.251? How many inspectors would be department need to hire to fulfill the requirements of P.L.2007, c.251? What is the additional cost to the department associated with inspected single-family and two-family dwellings as mandated?
We estimate that there would be approximately 283,000 additional dwellings.
10. Please provide a written breakdown of the sources and uses of monies deposited in the New Jersey Affordable Housing Trust Fund in Fiscal Year 2015 and Fiscal Year 2016, respectively.
NJ Affordable Housing Trust Fund Sources and Uses -- FY 2015 and FY 2016 (in thousands)
FY 2015 FY 2016 Actual Projected* SOURCES Reappropriation 232 6,500 Realty Transfer Tax Fee Revenue 58,290 66,000 Other - 1,300 TOTAL SOURCES 58,522 73,800
USES Affordable Housing Admin DSS 1,733 1,759 Affordable Housing Construction - 7,500 Homelessness Prevention GIA 4,360 4,360 Local Planning Services Admin DSS 1,296 1,334 Other Reallocated Funds 9,995 12,994 Shelter Assistance GIA 2,300 2,300 SRAP GIA 18,500 18,500 SRAP (language) 20,000 20,000 USHUD CDBG Small Cities - State match 279 285 TOTAL USES 58,463 69,032
* as of March 2016
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11. Does the department intend to make available to the public all requests submitted for funding through all rental housing production programs (e.g., the Fund for the Restoration of Multifamily Housing, Neighborhood Enhancement Program, and Sandy Special Needs Housing Fund) supported by Community Development Block Grant – Disaster Recovery (CDBG-DR) funds? Please provide data that shows which developers were approved for funding, which developers were not approved for funding, and the criteria used to make that assessment.
While the Department responds appropriately to any OPRA requests for such information, it does not intend to post the names of applicants for those programs on its website at this time.
The attached FRM ranking charts (Attachments A, B, and C) identify by tranche which projects were approved for funding and which were not approved for funding based on the selection criteria. The selection criteria for each tranche are listed below. FRM Round 3B rankings will be announced on or around July 2016.
FRM CRITERIA BY TRANCHE:
Tranche 1 (Open-ended Process) -
Selection Criteria
Located within one of the nine most-impacted counties (as designated by HUD) Readiness to Proceed – Start of construction and/or closing with lender or syndicator within 90 days of award - 25 points Deep Affordability (at least 10% of units are at or below 30% area median income) County/Municipal/Local PHA Support in compliance with N.J.A.C.5:80-33.15 (a) Minimum of 5% Supportive Housing Units Mixed Income (minimum 20% affordable) CDBG Efficiency (requesting less than the per unit maximum)
Tranche 2 (Competitive Process) - At the April 10, 2015 Board Meeting of the HMFA, more than $180 million in federal Sandy recovery funds were committed for Tranche 2. The awards were made to the highest ranking eligible applicants based on objective selection criteria, tiebreaker, and equitable distribution provisions. The awards were based on criteria consistent with Action Plan Amendment 7 and the Voluntary Compliance Agreement and Conciliation Agreement (VCA).
Selection Criteria
Readiness to Proceed (5 points). Sandy Damage (Up to 22 points). Impact of First Round CDBG-DR Funding through FRM (up to 20 points). To encourage distribution of FRM – Second Round generally proportionate to the amount of renter damage sustained in each county as a result of Superstorm Sandy, up to 20 points shall be awarded as follows:
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20 points shall be awarded to projects located within Monmouth or Ocean Counties; 16 points shall be awarded to projects located in Atlantic County; 12 points shall be awarded to projects in Hudson County; 9 points shall be awarded to projects located in Union or Bergen Counties; 6 points shall be awarded to projects located in Cape May County; and 0 points shall be awarded to projects located in all other counties. Housing Type. Up to 4 points shall be awarded for the following housing types: o Family housing outside of Targeted Urban Municipalities (TUMs): 4 points o Family housing within TUMs: 3 points o Senior housing: 2 points Supportive Housing (up to 15 points). Provision of Social Services (up to 6 points). Leveraging (up to 10 points). Cost per Unit (up to 9 points). Higher Opportunity Area (up to 9 points).
Tranche 3A- (Monmouth/Ocean Set Aside – Rolling Basis) - In May 2015, the Agency Board approved the initial rollout of FRM-3A funds for qualified projects that meet ALL of the following criteria:
Family (non-age restricted) project; Located outside of a TUM; Located in Monmouth or Ocean County; and Located in a municipality that sustained major or severe renter damage based on the attached “Major and Severe Renter Damage by Municipality” chart or physically borders a town, or multiple towns, that sustained major or severe renter damage.
A total of six projects for 3A were awarded $74.8 million in Third round FRM funds at the November 5, 2015 Board Mtg. This will create 520 total units (445 LMI).
Tranche 3B- (Competitive Process)
Selection Criteria
Sandy Damage. Projects in, or adjacent to, a municipality that sustained major or severe renter damage based on the “Major and Severe Renter Damage by Municipality” chart shall receive up to 22 points. Impact of Prior CDBG-DR Funding through FRM. To encourage distribution of FRM – 3B funds generally proportionate to the amount of renter damage sustained in each county as a result of Superstorm Sandy, up to 20 points shall be awarded as follows: o 20 points shall be awarded to projects located within Ocean County; o 16 points shall be awarded to projects located in Atlantic and Monmouth Counties; o 12 points shall be awarded to projects in Hudson, Bergen and Cape May Counties; o 9 points shall be awarded to projects located in Union County;
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o 3 points shall be awarded to projects located in Salem, Camden and Middlesex Counties; and o 0 points shall be awarded to projects located in all other counties. Housing Type. Up to 10 points shall be awarded for the following housing types: o Family housing located outside TUMs as defined by N.J.A.C. 5:80-33.2, and are within a coastal community (i.e. located within a municipality that includes areas subject to the Coastal Area Facility Review Act): 10 points o Family housing located within TUMs and within a coastal community: 8 points o Family housing located outside TUMs: 5 points o Family housing located within TUMs: 3 points Supportive Housing. Projects that provide five units or 5% of the total project units, whichever is greater, as supportive housing units, as the term “supportive housing unit” is defined at N.J.A.C. 5:80-33.2, and that meet the criteria at N.J.A.C. 5:80-33.12(c)(14) shall receive 10 points. Provision of Social Services. Up to 6 points (2 points per service) shall be awarded for the provision of up to three social services for the term of the affordability period.
For the Neighborhood Enhancement Program, please see the attached documents that list the approved projects (Attachment D) and unapproved projects (Attachment E), as well as a sample scoring sheet that describes the criteria used (Attachment F).
The list of Sandy Special Needs awards is also attached (Attachment G). Since this program is open-ended, there is no ranking of projects. The scoring criteria are listed below.
SANDY SPECIAL NEEDS ELIGIBILITY REQUIREMENTS (OPEN-ENDED PROCESS)
Selection Criteria
Located within one of the nine most-impacted counties (as determined by HUD) 100% special needs units with support services CDBG Efficiency (requesting less than the per unit maximum and/or less than 80% of the total development cost in Sandy Special Needs Housing Fund (SSNHF) subsidy) Meet the State’s determined priorities described in the targeted county’s Continuum of Care Plan, as applicable Deep Affordability (at least 75% of the special needs units in each project are at or below 30% AMI) Readiness to proceed - Start of construction and/or closing with lender or syndicator within 90 days of award Seventy-five percent of the SSNHF funding is allocated to households at or below 30% of area median income. Twenty-five percent of the SSNHF funding is allocated to benefit households with gross income between 30% and 80% of area median income. SSNHF subsidy may be available to projects receiving LIHTCs allocated by the Agency (both 9% and 4% LIHTC projects are eligible), as well as tax-exempt bonds and stand- alone financing. Sponsors must secure a commitment of funding for support services and must have a support services plan approved by the Agency and/or the appropriate State agency.
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The projects must be financially feasible and sustainable as demonstrated by a commitment of operating subsidy/rental assistance or by a demonstrated ability to ensure the long term operation of the project.
12. P.L.2015, c.102 requires the department to report to the Legislature, within 60 days of the enactment of that law, on which CDBG–DR funds might be available to be shifted from the allocations set out in Exhibit B to Action Plan Amendment No. 11, which allocates third round of federal assistance. P.L.2015, c.102 also requires the department to post a report indicating the amount obligated and expended for each CDBG-DR program. When does the department anticipate it will comply with these mandates?
The report was submitted on October 8, 2015, and an electronic version is available through the ReNewJersey Stronger Transparency page. The full document can be accessed at: http://www.renewjerseystronger.org/wp-content/uploads/2015/12/Commissioners-Report.pdf.
Information on the allocated and expended dollars for the RREM, LMI, FRM, and TBRA programs is also available on the ReNewJersey Stronger Transparency page: http://www.renewjerseystronger.org/transparency/sandy-programs-milestones-and-goals/. Data on these allocations and expenditures is updated monthly.
13. There is a dramatic difference between the number of RREM applicants and the current projections on the number of funded RREM grants. The CDBG-DR Quarterly Performance Report for the third quarter of 2015 states there were “more than 15,100 RREM applications” submitted. The proposed Action Plan Amendment No. 18 posits that the total number of RREM households to be served will be 7,800. What accounts for the dramatic number of termination of applications from the RREM program?
In total, DCA received approximately 15,000 applications to the RREM Program. Currently, there are approximately 7,800 funded RREM applications. Below is a breakdown of the withdrawals (4,882) and ineligible (2,741) categories.
Withdrawals (4,882) Applications may be withdrawn by an applicant at any time. In some instances, applicants provided written notice of withdrawal and in others applications lapsed simply because an applicant failed to respond to program requirements. In all instances of withdrawal, applicants are afforded an opportunity to be reinstated. The major reasons for withdrawals include:
Voluntary withdrawal (e.g. lack of escrow funds, etc.) Duplicate application Incomplete application Participation in a conflicting program (e.g. Blue Acres) An applicant or awardee fails to provide required documentation
Ineligibles (2,741)
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Applications may be ineligible for the RREM Program for the following reasons:
Failure to meet primary residency requirements Failure to meet income limits Failure to meet damage thresholds Failure to prove ownership Failure to verify FEMA Registration Property not in the nine eligible counties
14. What is the average RREM grant award? If the average grant award is $125,000, then $975 million would be required to fund 7,800 grants. What accounts for the difference between the total RREM allocation of $1.325 billion and the $975 million necessary to fund 7,800 RREM grants?
The average obligated grant award is approximately $133,000. We continue to work with homeowners to ensure funding is available for eligible costs up to the maximum grant award of $150,000. As such, the total amount required for the RREM program is not yet finalized. DCA recently submitted an Action Plan Amendment to HUD to reallocate $12.5 million from the RREM program to provide further funds to the Rental Assistance Program. DCA will continue to monitor the program and reallocate funds as necessary.
15. The total CBDG-DR allocation for the RREM program is $1.325 billion. Action Plan Amendment proposes transferring $12.5 million for the Rental Assistance Program. Assuming that $975 million is required to fund 7,800 RREM grants, how does the department intend to use the remaining $337.5 million allocated to RREM?
See response to Question # 14.
16. The Neighborhood Revitalization Tax Credit (NRTC) is a highly effective program that supports distressed neighborhoods by offering a 100% credit against various State taxes to business entities who invest in the revitalization of eligible low- and moderate-income neighborhoods. The NRTC leverages $7.30 for every NRTC dollar invested, creating 30 new businesses, 826 jobs, 536,037 square feet of commercial space, 1,500 homes, and nearly $4 million in local property taxes. Because the NRTC is oversubscribed, organizations and investors are prevented from helping revitalized neighborhoods that would benefit from these efforts. The Legislature approved a bill (See Assembly Bill No. 3206 (1R) of 2012-2013) increasing, from $10 million to $15 million, the limit on the total amount of tax credits certified for proposed projects in a fiscal year, but Governor Christie conditionally vetoed that legislation. In his veto message, the Governor indicated that this increase needed to be accomplished a part of the budget, not as a separate proposal. Is there any plan to increase the NRTC annual cap through the Fiscal Year 2017 Budget? If not, why not?
In his 2013 conditional veto of A3206 (a bill that would have increased the overall Neighborhood Revitalization Tax Credit amount from $10 million to $15 million), the Governor
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indicated his continued support for the NRTC Program and its efforts to help spur investment in neighborhood revitalization and preservation projects throughout the State. However, the Governor stated that he could not approve the proposal, as it would remove $5 million from the State’s General Fund each year outside the context of the annual budget process. The Governor reiterated his intention that all spending and revenue-related initiatives be addressed within that context, as opposed to the “ill-advised fiscal practices of the past.” The same principle holds true today.
17. Over the last five years, the City of Paterson has experienced a property tax increase of 49%, including 5.8% for the current year. Please discuss the department’s efforts to work with the City of Paterson to increase its ratable base and stabilize its budget and tax levy.
The City of Paterson receives Transitional Aid and is subject to the terms of the MOU for Transitional Aid. Under the terms of the MOU, the Division must approve all new hires, terminations, contracts, grants, travel requests, bond ordinances, CBA agreements, tax abatements, etc. In addition, the Division also reviews compliance with budget law and bond law through its role in financial regulation and local finance board approval. The City, in conjunction with the Division’s oversight, has begun efforts to increase its ratable base and stabilize its budget and tax levy through the following ongoing efforts:
Transitioning from a self-insured plan to the State Health Benefits Plan to reduce health insurance costs Implementing more equitable billing to other municipalities utilizing the City’s sewer treatment facilities Implementing economic development initiatives including a program for selling tax liens on vacant properties to encourage redevelopment
18. The department awarded CDBG-DR funds to support the construction of affordable housing units in Belleville Township. How many persons displaced by Superstorm Sandy applied for an affordable housing unit at that facility? How many persons displaced by Superstorm Sandy are living at that facility?
Franklin Manor, located in Belleville Township, Essex County, was awarded CDBG-DR Funds under the first tranche of the FRM Program. Upon completion, the project will provide 86 apartments for seniors. The project is currently under construction and does not have any residents living in the apartments.
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19. In response to OLS Discussion Point No. 13, the department indicated the Division of Local Government Services intends to dedicate a small portion of Transitional Aid to Localities funds awarded to the City of Paterson for financial improvement consultants. When does the department anticipate that these consultants will be put in place? What is the scope of the consultants’ responsibilities? How will these consultants work with the City of Paterson to fulfill the State’s goals for that municipality? How much are the financial consultants expected to cost?
The City of Paterson received a supplemental award of $250,000 to be used to retain a financial improvement consultant. The City will be required, pursuant to the terms of the MOU, to issue an RFP within 30 days of execution of the MOU.
20. In testimony before the Assembly Budget Committee on April 11, 2016, you indicated that the delay in expending CDBG-DR funds awarded to New Jersey following Hurricane Irene was primarily due to the administration of these funds by Passaic County and the City of Paterson. $10.3 million of a total federal award of $15.5 million remains unexpended. Due to these concerns, you indicated that you may not be willing to extend the CDBG-DR Action Plan for an additional year. How does the department plan to work collaboratively with Passaic County and the City of Paterson to ensure that these funds reach the homeowners and projects they were intended to support? Please provide additional detail on the use of $779,925 in CDBG- DR funds for administrative costs.
HUD awarded $15.59 million in CDBG-DR Irene funds to the Department in 2012. As of April 18, 2016, $8,389,167 (54%) of those funds have been expended, with a grant balance of $7,453,983 remaining.
Of the original $15.59 million allocation, 80%, or a total of $11.85 million, was dedicated for projects in Passaic County. As of April 18, 2016, the Passaic County CDBG-DR has expended $5,594,640, or 47% of its allocation. The balance remaining to be expended is $6,260,225.
The initial administrative infrastructure in the Passaic County CDBG-DR program created several layers of bureaucracy that delayed the County and its subgrantees in spending down the grant. DCA CDBG staff provided technical assistance to the County and the City of Paterson on program requirements, including State and Federal procurement processes.
All subgrantees with buyout components are now fully staffed and have reported increased grant activity. The County has reported that three additional subgrantee buyout programs will be 100% complete by the end of the summer. DCA staff continues to assist the County and its subgrantee communities in dealing with the depressed real estate market, and have amended their grants to include an additional $25,000 resettlement incentive to encourage homeowners to sell properties in the floodplain. DCA has also proposed an amendment to its Action Plan to add a renter’s resettlement incentive, designed to assist tenants in Paterson with security deposits for new apartments.
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Passaic County and DCA staff continue to provide technical assistance to the City of Paterson. As a contingency plan should the City of Paterson still have a balance of unspent funds by the end of calendar year 2016, Passaic County has agreed to shift any unspent funds from Paterson’s buyout program to the City of Passaic’s infrastructure program. The City of Passaic’s drainage project has been designed to include another phase if necessary to spend down funds.
The Federal Register that governs the CDBG-DR Irene funds allows DCA to retain five percent ($779,925) of the CDBG-DR award for State administrative purposes. The majority of the State administrative budget for this program has covered staffing cost for the following employees in Fiscal Year 2013 through Fiscal Year 2016: 1 program staff at 90% FTE 1 administrator at 25% FTE 1 technical assistant at 10% FTE 2 fiscal officers at 10% FTE each
As of April 20th, administrative costs have been allocated from Fiscal Year 2013 through Fiscal Year 2016 as follows: Salary Cost: $499,954, of which $493,541.09 has been expended Fringe Cost: $227,190, of which $224,284.98 has been expended Travel: $976, which has been fully expended Indirect Cost: $51,805, of which $51,062.98 has been expended
However, should the county and city fail to maintain the above planned schedule, the Department will terminate the grant.
21. The Blight Reduction Program/Neighborhood Enhancement Program, a CDBG-DR initiative, has disbursed only $16.1 million from a total allocation of $40 million. Which projects have been awarded funding? Does the department anticipate that all program funds will be disbursed? How many applications for funding have been denied? For what reasons were funding requests denied?
DCA received an initial allocation of $30 million for this program, and a second allocation of $10 million. As of April 18, 2016, the initial $30 million has been fully committed and $19.9 million (67%) has been expended. The additional allocation of $10 million has been fully committed. However, no funds have been expended to date from this allocation, as all projects funded in this round are still in the Environmental Review process. DCA anticipates that all program funds will be disbursed.
Attachment D details the projects that have been awarded funding. Attachment E details the 30 projects that were not awarded funding. Projects were not approved due to failure to meet program requirements, submission of incomplete applications, or because projects were not deemed feasible. The criteria for approval of projects are listed in Attachment F.
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22. What percentage of CDBG-DR funds are allocated to for single-family and multi- family housing, respectively?
Program Program Agency Allocation % of Category Allocation Reconstruction, Rehabilitation, Elevation & Mitigation Program DCA 1,356,543,202 32.5% Housing Resettlement Program DCA 205,000,000 4.9% LMI Homeowners Rebuilding Single‐Family Program DCA 69,000,000 1.7% Housing Blue Acres Buyout Program DEP 99,500,000 2.4% Programs Sandy Homebuyer Assistance Program HMFA 24,875,000 0.6% Tenant Based Rental Program DCA 37,051,603 0.9% Lead Hazard Reduction Program DCA 5,000,000 0.1%
Total Single‐Family Housing Programs 43.1% Fund for the Restoration of Large Multi‐Family Housing HMFA 591,547,400 14.2% Sandy Special Needs Housing HMFA 59,700,000 1.4% Multi‐Family Landlord Rental Repair Program DCA 70,000,000 1.7% Housing Neighborhood Enhancement 40,000,000 1% Programs Program DCA Incentives for Landlords DCA 18,000,000 0.4% Pre‐development Loan Fund NJRA 9,950,000 0.2% Total Multi‐Family Housing Programs 18.9%
Assemblyman Singleton 1. Please provide information, by program, on all unexpended CDBG-DR funds.
Please refer to the expenditures chart in Attachment H.
2. Please provide a history of CDBG-DR projects funded by the New Jersey Housing and Mortgage Finance Agency.
Attachment I, entitled FRM Projects Summary, contains:
Tab 1: A list of FRM projects financed by the HMFA; Amount committed to date; Amount expended to date;
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Date of the FRM commitment, construction start date, construction completion date; Number of months between the FRM commitment and the construction completion.
Tab 2: A timeline of the FRM milestones by tranche.
3. What is the total amount of CDBG-DR funds allocated and expended for RREM administrative costs?
Administrative expenses are not broken out by specific program, but go to support all CDBG-DR programs. Per federal guidelines, DCA is limited to allocating a total of 5 percent of the entire CDBG-DR budget of $4.1 billion to administrative costs.
4. How many RREM applicants approved for funding have dropped out of the program?
Of the 554 applicants who executed RREM grant awards and no longer participate in the program, approximately 80% have either been Administratively Withdrawn or Voluntarily Withdrawn, and approximately 20% were found to be Ineligible after award signing. Participants may have been withdrawn for multiple reasons, including participation in a conflicting program, like Blue Acres, or failure to provide required documentation. In all instances of withdrawal, applicants are afforded an opportunity to be reinstated. Applicants may have been found ineligible for reasons that include failure to meet primary residency requirements or failure to meet income limits or the damage threshold.
5. How many RREM applicants were deemed ineligible for program funding? For what reasons were these applicants ruled ineligible?
The number of RREM applicants who have been determined to be ineligible is 2,741. The reasons for their ineligibility are as follows: Failure to meet primary residency requirements Failure to meet income limits Failure to meet damage thresholds Failure to prove ownership Failure to verify FEMA Registration Property not in the nine eligible counties
6. If the full amount of CDBG-DR funds allocated for the manufactured home segment of the Low-to-Moderate Income Homeowners Rebuilding (LMI) Program is not expended, do the unexpended funds revert back to the RREM program, or can they be used for the “regular housing” portion of the LMI program?
Pursuant to the Voluntary Compliance Agreement (VCA), a new program (LMI Homeowners Rebuilding Program) will be created to serve those not served by RREM, and a minimum of $10 million will be “initially reserved” for manufactured housing units. The VCA also requires that
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any of the $10 million not needed for manufactured housing shall be distributed to the LMI program in general.
Assemblyman DiMaio 1. When were the first property tax assessment appeals filed by the owners of casino gaming property in Atlantic City?
The first of these property tax assessment appeals was filed in 2009.
2. Are there recommendations made by the Atlantic City fiscal monitor that were not implemented by the municipal government?
The following recommendations have been made by the fiscal monitor but have not been implemented by the City of Atlantic City: Dissolution of the municipal utility authority Proper development of Bader Field and Gardiner’s Basin Streamlining land use and development operations Contraction of the municipal library budget Streamlining the public works fleet or moving toward regionalization of these services Regionalization of the police force Addressing rich police salaries and benefits Privatization or regionalization of fire services Using civilians for Fire Inspections in the Fire Department instead of 10 Fire Captains Addressing legacy costs of pension program for lifeguards Transferring the functions of the City’s health department to the County Transferring the functions of the Municipal tax assessor to the County Increasing some fees related to municipal licenses/permits Streamlining municipal court operations Improving parking enforcement Outsourcing of trash/recycling collection Privatization of city towing operations/tow yard, building maintenance, etc.
Assemblyman Mukherji 1. Other than the contract entered into with the International Association of Firefighters, has the City of Atlantic City entered into any collective bargaining agreements since 2010?
The City has settled the following labor contracts since 2010: A contract for the City’s Firefighters was decided by an Arbitrator as part of formal Interest Arbitration proceedings. This contract covers 2015, 2016 and 2017. A contract for the PBA was settled by the City covering 2013, 2014 and 2015 The City settled a contract for its Beach Patrol covering 2013 and 2014. A contract with AFSCME for non-public safety employees was settled covering 2010- 2014.
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2. What is the total amount of State costs associated with the Camden County Police Department?
There are no “State costs” associated with the Camden County Regional Police Department. The City pays the costs of that force pursuant to the terms of a Police Services Contract. The current value of the contract is $64.5 million.
Assemblywoman Pintor Marin 1. What are the sources of the $10 million in Fiscal Year 2016 State funds to be reallocated to the Lead Hazard Control Assistance Fund?
The Department of the Treasury’s Office of Management and Budget will make this determination.
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TAX CREDIT COMMITTEE REPORT ON SANDY ROUND 2013 FAMILY CYCLE RANKINGS MEETING DATE: 8/1/13
Tiebreaker #1 TOTAL CITY/ TAX CREDIT TAX CREDIT CDBG FRM CDBG FRM SET-ASIDE SELF HMFA TC per APP # PROJECT SPONSOR UNITS COUNTY TUM NON-TUM REQUEST RESERVATION REQUESTED RESERVED SCORE SCORE LI BR
2013-W A Harry Moore IV Pennrose 69 Jersey City/ Hudson $ 1,522,228 $ 1,526,294 $ 1,522,228 $ 3,904,428 $ 3,904,428 HOPE VI 95 100 $14,095
2013-R Wesmont Station Ingerman 104 Wood-Ridge/ Bergen $ 1,750,000 $ 1,750,000 $ 1,750,000 $ 5,000,000 $ 5,000,000 N/A 100 100 $9,021
2013-AW Pleasantville Mixed Use RPM 67 Pleasantville/ Atlantic $ 1,087,692 $ 1,106,787 $ 1,087,692 $ 3,078,000 $ 3,078,000 N/A 100 100 $12,502
2013-AT Pleasantville Mixed Income RPM 67 Pleasantville/ Atlantic $ 1,297,626 $ 1,318,667 $ 1,297,626 $ 3,181,000 $ 3,181,000 N/A 100 100 $13,659 Orange HDC & The 2013-F Walter G Alexander III Alpert Group 41 Orange/ Essex $ 776,952 $ 776,952 $ 776,952 $ 3,075,000 $ 3,075,000 N/A 93 98 $10,359
2013-S Delaney Homes Ingerman 70 Perth Amboy/ Middlesex $ 960,000 $ 960,000 $ 960,000 $ 5,000,000 $ 5,000,000 N/A 98 97 $6,575
2013-AG Rio Grande Apts Conifer 79 Middle Township/ Cape May $ 1,281,435 $ 1,281,435 $ 1,281,435 $ 5,000,000 $ 5,000,000 N/A 99 97 $7,407
2013-AH Railroad Ave Apts Conifer 80 Middle Township/ Cape May $ 1,328,395 $ 1,328,395 $ 1,328,395 $ 5,000,000 $ 5,000,000 N/A 99 97 $7,634
2013-X Egg Harbor Hotel Conversion Rukenstein 83 Egg Harbor Twp/ Atlantic $ 1,635,742 $ 1,635,742 $ 1,635,742 $ 5,000,000 $ 5,000,000 N/A 96 96 $9,347
2013-T Woodrow Wilson Ph III Pennrose 51 Long Branch/ Monmouth $ 1,046,598 $ 1,046,598 $ 1,046,598 $ 3,450,000 $ 3,450,000 N/A 98 96 $10,572
2013-M Carolina Crescent & Connecticut Crescent CIS 88 Atlantic City/ Atlantic $ 1,498,000 $ 1,498,000 $ 1,498,000 $ 5,000,000 $ 5,000,000 N/A 95 95 $6,628
2013-AR 999 Broad Phase II RPM 74 Newark/ Essex $ 1,306,806 $ 1,306,806 $ 1,306,806 $ 2,715,000 $ 2,715,000 N/A 95 95 $8,271
2013-AS Tennessee Green RPM 65 Atlantic City/ Atlantic $ - $ 1,208,931 $ 4,950,000 N/A 95 $9,090
2013-AA New Horizons Phase I Michaels 88 Newark/ Essex $ - $ 1,749,715 $ 5,000,000 N/A 95 $9,407
2013-AQ 999 Broad Phase I RPM 86 Newark/ Essex $ - $ 917,698 $ 2,900,000 N/A 95 $9,763
2013-AL Parkers Walk CIS 75 Elizabeth/ Union $ - $ 1,665,993 $ 5,000,000 N/A 95 $10,478
2013-A Harvard Printing Project The Alpert Group 127 Orange/ Essex $ - $ 1,745,751 $ 5,000,000 N/A 93 $10,710
2013-AN Chambers Crescent CIS 62 Lakewood/ Ocean $ - $ 949,149 $ 4,650,000 N/A 86 $6,163
2013-AO Winterburn Gardens Daibes 21 Edgewater/ Bergen $ 307,351 $ 307,351 $ 307,351 $ 1,574,000 $ 1,574,000 N/A 87 85 $7,148
2013-AK Cape May Point Rukenstein 10 Cape May Courthouse/ Cape May $ 211,913 $ 211,913 $ 211,913 $ 750,000 $ 750,000 N/A 76 76 $6,836
904 $ 9,495,902 $ 6,514,836 $ 24,292,177 $ 16,010,738 $ 51,727,428 FUNDED 59% 41% REQUESTED RESERVED CDBG-FRM Substantially Incomplete
2013-AX Dr Lena Frances Edwards Apts Genesis 63 Jersey City/ Hudson $ - $ 1,402,219 $ - $ 4,800,000 N/A 100 97 $11,494
= funded TAX CREDIT COMMITTEE REPORT ON SANDY ROUND 2013 SENIOR CYCLE RANKINGS MEETING DATE: 8/1/13
Tiebreaker #1 TOTAL CITY/ TAX CREDIT TAX CREDIT CDBG-FRM CDBG-FRM SET-ASIDE SELF HMFA TC per APP # PROJECT SPONSOR UNITS COUNTY TUM NON-TUM REQUEST RESERVATION REQUESTED RESERVATION SCORE SCORE LI Unit
2013-Z Catherine Todd Sr Living Michaels Development 67 Jersey City/ Hudson $ 1,104,456 $ 1,109,587 $ 1,104,456 $ 5,000,000 $ 5,000,000 HOPE VI 88 86 $16,484
2013-O Reinhard Manor Ingerman 62 Colonia/ Middlesex $ 865,000 $ 865,000 $ 865,000 $ 4,650,000 $ 4,650,000 N/A 93 93 $13,952
2013-AJ Gregory School Ph II Conifer 52 Long Branch/ Monmouth $ 771,025 $ 771,025 $ 771,025 $ 3,900,000 $ 5,000,000 N/A 93 93 $14,827 Heritage Village at 2013-L Bloomfield CIS 81 Bloomfield/ Essex $ 1,340,000 $ 1,340,000 $ 1,340,000 $ 5,000,000 $ 5,000,000 N/A 93 93 $16,543
2103-AV Pleasantville Senior RPM 64 Pleasantville/ Atlantic $ - $ 1,268,848 $ 2,900,000 $ - N/A 93 93 $19,826
2013-AI Conifer Village at Rittenberg Conifer 99 Egg Harbor/ Atlantic $ 1,369,830 $ 1,369,830 $ 1,369,830 $ 5,000,000 $ 5,000,000 N/A 93 92 $13,837
2013-D Ridgefield Sr Hsg The Alpert Group 55 Ridgefield/ Bergen $ - $ 799,004 $ 4,125,000 N/A 93 92 $14,527
2013-I Roselle Park Sr Housing Domus 74 Roselle Park/ Union $ - $ 1,298,011 $ 5,000,000 $ - N/A 93 91 $17,541 Domus & HDC of Bergen 2013-E Saddle Brook Senior Housing County 30 Saddle Brook/ Bergen $ - $ 390,215 $ 1,875,000 $ - N/A 88 88 $13,007
2013-AD Spruce Street Sr Residences Michaels Development 56 Newark/ Essex $ 878,567 $ 887,111 $ 878,567 $ 4,275,000 $ 4,275,000 N/A 88 88 $15,689
2013-Q The Willows at Waretown Ingerman 76 Ocean Twnp/ Ocean $ - $ 1,400,000 $ 5,000,000 N/A 88 88 $18,421
2013-U Hoffman Pavilion Pennrose 71 New Brunswick/ Middlesex $ - $ 1,378,621 $ 5,000,000 N/A 88 88 $19,417
2013-K Heritage Village at Oakhurst CIS 92 Ocean/ Monmouth $ - $ 1,396,535 $ 5,000,000 N/A 86 $15,180
2013-V Roosevelt Hospital Pennrose 84 Edison/ Middlesex $ - $ 1,400,000 $ 5,000,000 N/A 86 $16,667
2013-G Fair Lawn Sr Housing Penwal Affordable Hsg 63 Fair Lawn/ Bergen $ - $ 873,170 $ 4,425,000 N/A 93 83 $13,860
2013-N Belleville Seniors Ingerman 73 Belleville/ Essex $ - $ 1,300,000 $ 5,000,000 N/A 83 $17,808
2013-AY Fairmount Eleven Eleven Genesis 60 Newark/ Essex $ - $ 1,156,444 $ 4,575,000 N/A 88 83 $19,274 Heritage Village at 2013-AM Westminster CIS 71 Elizabeth/ Union $ - $ 1,395,844 $ 5,000,000 N/A 83 $19,660
2013-AP Victorian Towers Diocese of Camden 181 Cape May/ Cape May $ - $ 781,967 $ 5,000,000 N/A 82 $4,320
417$ 2,754,048 $ 3,574,830 $ 21,181,212 $ 6,328,878 $ 28,925,000 FUNDED 44% 56% REQUESTED RESERVED CDBG-FRM
= funded TAX CREDIT COMMITTEE REPORT ON SANDY ROUND 2013 SUPPORTED HOUSING CYCLE RANKINGS MEETING DATE: 8/1/13
Tiebreaker #1 TOTAL CITY/ TAX CREDIT TAX CREDIT CDBG-FRM CDBG-SpNds CDBG-FRM CDBG-SpNds POPULATION SELF HMFA TC per APP # PROJECT SPONSOR UNITS COUNTY TUM NON-TUM REQUEST RESERVATION REQUEST REQUEST RESERVATION RESERVATION SCORE SCORE LI BR Domus & HDC of Homeless or 2013-J Northvale Sr Residence Bergen County 29 Northvale/ Bergen $ 530,043 $ 530,043 $ 530,043 $ 2,175,000 $ - $ 2,175,000 $ - disabled vets 104 104 $ 18,277 Jersey City/ 2013-AE Ocean Green Sr Apts Cara Development 43 Hudson $ 865,539 $ 865,539 $ 865,539 $ 2,925,000 $ 500,000 $ 2,925,000 $ 500,000 Mental Health 106 103 $ 20,129 Jersey City/ 2013-AC Glennview Townhouses II Michaels Development 64 Hudson $ 936,139 $ 936,139 $ 936,139 $ 3,825,000 $ - $ 3,825,000 Homeless 101 100 $ 9,001 Toms River/ 2013-AF Freedom Village at Toms River Project Freedom 72 Ocean $ 1,200,000 $ 1,200,000 $ 1,200,000 $ 3,200,000 $ 1,800,000 $ 3,200,000 $ 1,800,000 DD 99 99 $ 8,108
2013-AU The Lantana RPM 59 Newark/ Essex $ - $ 1,130,741 $ 2,040,000 $ - HIV/AIDS 99 $ 8,765 Ingerman & The Actors 2013-P Symphony Hall Fund 60 Newark/ Essex $ - $ 1,075,000 $ 3,375,000 $ 1,500,000 HIV/AIDS 99 $ 10,750
2013-H HELP Newark IV HELP USA 45 Newark/Essex $ - $ 843,947 $ 2,475,000 $ 1,200,000 Youth aging out 104 99 $ 13,786 The Alpert Group & 2013-B Kilmer Homes I Monarch 59 Edison/ Middlesex $ 892,946 $ 892,946 $ 892,946 $ 3,300,000 $ 1,500,000 $ 3,300,000 $ 1,500,000 Homeless 106 98 $ 7,567
The Alpert Group & 2013-C Kilmer Homes II Monarch 59 Edison/ Middlesex $ - $ 892,946 $ 3,300,000 $ 1,500,000 Homeless 106 98 $ 7,567
2013-AB Somerset Brownstones Michaels Development 59 Newark/ Essex $ - $ 1,031,724 $ 3,375,000 $ 1,500,000 Homeless 98 $ 7,476 Howell/ Disabled Vets, MS, 2013-Y Akabe Village Regan Development 31 Monmouth $ - $ 683,693 $ 1,200,000 $ 1,600,000 DD, etc 92 $ 13,674
267$ 1,801,678 $ 2,622,989 $ 10,082,718 $ 4,424,667 $ 15,425,000 $ 3,800,000 UNITS FUNDED 41% 59% REQUESTED RESERVED CDBG-FRM CDBG-SpNds
$ 26,764,283 = funded FRM TRANCHE 2 RANKINGS AS OF 4/10/15
2014 Targeted Urban Total CDBG Project FRM Monmouth & Non-TUM Non-TUM Project Name Developer County Municipality Population FRM Award Atlantic Family Awards Self Score Agency Score Tiebreaker Municipality Units Units Type Requested Ocean Awards Family (TUM)
The Beach at South Inlet Boraie Atlantic Atlantic City Yes F 250 50 New $10,199,671 $10,199,671 $10,199,671 $10,199,671 86 86 $203,993
Tennessee Green RPM Development Atlantic Atlantic City Yes F 66 66 New $10,959,753 $10,959,753 $10,959,753 $10,959,753 76 79 $166,057
Meadow Green Apts Richman Group Ocean Toms River SR 80 79 New $14,250,000 $14,250,000 $14,250,000 $14,250,000 79 77 $180,380
Toms River Senior Walters Group Ocean Toms River Sr 102 101 New $18,533,192 $18,533,192 $18,533,192 $18,533,192 77 77 $183,497
Fort Monmouth Historic RPM Development Monmouth Oceanport F 48 24 Rehab $7,943,423 $7,943,423 $7,943,423 $7,943,423 $7,943,423 $7,943,423 76 76 $330,976
Montgomery Family Ph 1 Michaels Development Hudson Jersey City Yes F 126 116 New $13,920,000 $13,920,000 $13,920,000 75 75 $120,000
Oakland Square, LLC GS Realty Monmouth Red Bank F 12 12 New $1,414,000 $1,414,000 $1,414,000 $1,414,000 $1,414,000 $1,414,000 77 74 $117,833 Aberdeen Family Residence RPM Development Monmouth Aberdeen F 70 70 New $10,799,519 $10,799,519 $10,799,519 $10,799,519 $10,799,519 $10,799,519 73 73 $154,279
Glassworks at Aberdeen Ingerman Monmouth Aberdeen F 110 110 New $17,582,991 $17,582,991 $17,582,991 $17,582,991 $17,582,991 $17,582,991 73 73 $159,845
Bayshore Village CIS Monmouth Middletown SR 110 109 New $18,844,550 $18,844,550 $18,844,550 $18,844,550 73 73 $172,886 Visions at Absecon AB Visions at Absecon, Affordable Housing LLC Atlantic Absecon City F 24 24 New $2,805,000 $2,805,000 $2,805,000 $2,805,000 $2,805,000 $2,805,000 75 72 $116,875 Aberdeen Senior Residence RPM Development Monmouth Aberdeen Sr 75 75 New $11,762,239 $11,762,239 $11,762,239 $11,762,239 71 71 $156,830 Visions at Absecon AB Visions at Absecon Affordable Senior Housing LLC Atlantic Absecon City SR 36 36 New $4,202,000 $4,202,000 $4,202,000 $4,202,000 73 70 $116,722 Manchester Manchester Sr Housing Princeton Senior Living Ocean Township SR 70 70 Rehab $7,783,667 $7,783,667 $7,783,667 $7,783,667 69 69 $111,195 Barnegat Barnegat Sr. Apartments Walters Group Ocean Township SR 70 70 New $8,304,217 $8,304,217 $8,304,217 $8,304,217 69 69 $118,632 Egg Harbor Township Egg Harbor Family Michaels Development Atlantic Township F 76 76 New $9,137,747 $9,137,747 $9,137,747 $9,137,747 $9,137,747 $9,137,747 72 69 $120,234 Absecon Family Housing (aka Clayton Mill Run) Conifer Atlantic Absecon City F 73 73 New $11,321,627 $11,321,627 $11,321,627 $11,321,627 $11,321,627 $11,321,627 73 69 $155,091
999 Broad Phase I RPM Development Essex Newark City Yes F 87 47 New $3,400,000 $3,400,000 $3,400,000 68 68 $72,340
Renaissance Village Phase 1 Michaels Development Monmouth Asbury Park Yes F 64 64 New $7,870,000 67 67 $122,969
Pleasantville Senior RPM Development Atlantic Pleasantville Yes SR 65 65 New $11,109,452 67 67 $170,915
Lacey Family Housing Walters Group Ocean Lacey Township F 70 70 New $12,279,720 65 67 $175,425
Parkers View CIS Union Elizabeth City Yes F 60 60 Rehab $7,121,859 63 65 $118,698
TOTALS 18 1,485 1,208 $221,544,627 $183,163,596 $117,217,798 $48,625,798 $144,684,172 $99,483,731 $61,004,307 Funded Projects Funded Units FRM Tranche 3 A (Monmouth/Ocean Set-Aside) as of 3-30-2016
Targeted Project Project Name County Municipality Urban Population Total Units FRM Application Date Developer Type Municipality
Committed Tranche 3 A Monmouth/Ocean Set-Aside
Keansburg Mixed Income Monmouth Keansburg F 186 New $18,870,000 07/24/15 RPM Development
Howell Howell Family Apartments Monmouth Township F 72 New $12,240,000 08/28/15 The Walters Group
Lacey Family Housing Ocean Lacey Township F/ SN (DD) 70 New $11,872,860 6/30/2015 The Walters Group
Lacey Phase II Ocean Lacey Township F/ SN (DD) 48 New $6,940,000 9/15/2014 The Walters Group
Jackson Jackson Family Apartments Ocean Township F 88 New $14,497,431 6/29/2015 The Walters Group
Little Egg Oak Lane at Little Egg Harbor Ocean Harbor F/ SN (DD) 56 New $9,520,000 9/23/2015 Ingerman Development
FRM TRANCHE 3A SUBTOTAL 6 520 $73,940,291 CDBG-DR NEIGHBORHOOD ENHANCEMENT PROGRAM AS OF 4-18-2016 Entity Agency Name Project Name Type Units Bldgs Municipality Award Amount Type Community Loan Fund of New Jersey, Inc. NP Asbury Park Rental 5 2 Asbury Park $504,089 Ocean Community Economic Action Now, Inc. NP Pierce's Woods Rental 6 6 Berkeley Twp. $833,784 Essex Community Land Trust NP Housing for All - Bloomfield For-Sale 2fer 6 3 Bloomfield $792,390 Greater Bergen Community Action, Inc. NP NEP Cliffside Park Condominiums For Sale 4 1 Cliffside Park $499,500 Woodlands Residential, LLC FP Woodland Townhomes For Sale 7 7 East Orange $1,327,848 Community Loan Fund of New Jersey, Inc. NP Egg Harbor Township Rental 3 3 Egg Harbor Township $364,791 Magill Real Estate Holdings, LLC FP 279 Second Street Rental 6 1 Elizabeth $895,000 Magill Real Estate Holdings, LLC FP 1175 Mary Street Rental 6 1 Elizabeth $1,227,000 82 First St Elizabeth Housing LLC FP 82 First Street Rental 6 1 Elizabeth $865,320 MAR Acquisition Group FP 313-315 Second Street Rental 6 1 Elizabeth $975,000 Community Loan Fund of New Jersey, Inc. NP Elizabeth City Rental 7 4 Elizabeth $1,007,559 Rukenstein and Associates FP Society Hill Affordable Rental Rental 4 4 Galloway Twp. $501,188 Greater Plainfield Habitat for Humanity, Inc. NP Habitat Home in Highland Park For Sale 1 1 Highland Park $133,919 324 Fourth LLC FP 324 Fourth Street Rental 4 1 Jersey City $700,000 Garden State Episcopal CDC NP 474 & 480 Ocean Avenue Rental 4 2 Jersey City $401,725 Community Loan Fund of New Jersey, Inc. NP Jersey City Rental 6 3 Jersey City $794,198 Community Loan Fund of New Jersey, Inc. NP Linden City Rental 3 3 Linden $407,026 Front Porch Developments LLC FP Long Branch NEP Scattered Site Rental 5 2 Long Branch $1,124,808 Habitat for Humanity Cape May County NP Middle Township Habitat 2014-15 For Sale 3 3 Middle Twp. $145,474 Community Loan Fund of New Jersey, Inc. NP Middletown Township Rental 4 4 Middletown $725,000 Homes of Montclair Ecumenical Corp. NP 127 Valley Road Condominiums For Sale 6 3 Montclair $997,616 Community Loan Fund of New Jersey, Inc. NP Neptune Township Rental 3 3 Neptune Township $634,903 525-529 South Seventeenth Street, LLC FP 525-529 South Seventeenth Street For-Sale 3fer 6 2 Newark $1,200,000 A&A Construction, Inc. FP Fabyan Place Apartments Rental 6 2 Newark $480,100 Cara Development, LLC FP 269 2nd Avenue West Project For-Sale 4 4 Newark $900,000 Community Works LLC FP Newark Community Works- Ph II Rental 7 3 Newark $1,600,000 Fast Developer LLC FP Barrister Homes Rental 4 1 Newark $745,000 RPM Development LLC FP Ballantine Mansion Rental 7 1 Newark $1,275,000 A&A Construction, Inc. FP Alpine Apartments Rental 6 1 Newark $453,952 La Casa de Don Pedro, Inc. NP Lower Broadway Stabilization Project For-Sale 2fer 4 2 Newark $494,148 Community Loan Fund of New Jersey, Inc. NP Newark City Rental 3 2 Newark $422,523 Central Orange Village, LLC FP NEP 2014 Central Orange Village Rental 7 4 Orange $1,575,000 Orange Housing Development Corporation NP Oakwood Avenue Redevelopment Rental 7 1 Orange $1,350,000 HANDS, Inc NP Enhancing Orange 2015 For-Sale 2fer 5 3 Orange $695,630 Metuchen Community Services Corporation NP Wayne Street Affordable Rental 4 1 Perth Amboy $188,996 Morris Habitat for Humanity NP Lawrie Street For Sale 1 1 Perth Amboy $123,176 Greater Plainfield Habitat for Humanity, Inc. NP Habitat Home on West Fourth For Sale 1 1 Plainfield $96,917 Pleasantville Housing and Redevelopment Corp NP Mid Town Scattered Site Rental 5 5 Pleasantville $1,118,965 Community Loan Fund of New Jersey, Inc. NP Toms River Township Rental 2 2 Toms River $450,000 Community Loan Fund of New Jersey, Inc. NP Union Beach Township Rental 2 2 Union Beach $372,357 Dolphin Creek LLC FP NEP Dolphin Creek Rental 3 2 Wildwood $600,000 Community Loan Fund of New Jersey, Inc. NP Woodbridge Township Rental 3 3 Woodbridge $650,000 NP - Non-Profit FP - For Profit
Filed under Commissioners Reports CDBG-DR NEP APPLICATIONS ROUND 1, 2, & 3 NOT FUNDED Entity Requested Agency Name Application Title City County Type Amount Housing Program Development Corporation FP AC Estates NEP Project Atlantic City Atlantic $1,364,885 Hamlett Management LLC FP Hamlett-NEP House to Home Partnership East Orange Essex $825,000 A&A Construction, Inc. FP East Grand Street Apartments Elizabeth $1,371,960 Magill Real Estate Holdings, LLC FP 620 E. Jersey Street Elizabeth Union $870,000 Advance Housing, Inc. NP 222 Cedar Street Garfield Bergen $972,000 Maestro Community Development Corporation FP Grove Street Project Irvington Essex $1,400,000 Rell Enterprises Inc FP REI NEP Project Irvington Essex $6,500 Aberik Investment Group LLC FP NE Irvington Irvington Essex $350,000 Cara Development, LLC FP 381 Communipaw Avenue Jersey City Hudson $1,650,500 TRF DP Ocean Avenue, LLC FP Jackson Green - Phase II Jersey City Hudson $1,056,480 Garden State Episcopal Community Development Corp. NP 37 Harmon Street Jersey City Hudson $699,999 Lincoln Park Coast Cultural District, Inc. NP Halsey Street Townhouses Jersey City Hudson $1,241,784 Community Loan Fund of New Jersey, Inc. NP 299 Whiton Street Jersey City Hudson $250,000 Essex Community Land Trust NP Housing For All - Montclair Montclair Essex $250,000 TRF DP Ridge Avenue, LLC FP Schoolhouse Square - Phase III Neptune Monmouth $549,112 Lincoln Park Coast Cultural District, Inc. NP Halsey Street Townhouses Newark Essex $1,241,784 Community Works LLC FP Newark Community Works Newark Essex $1,475,000 23 Fulton St LLC FP Rehabiltation of 23 Fulton Newark Essex $750,000 Old Third Ward Development, LLC FP NEP -- Old Third Ward Brownstones Newark Essex $1,575,000 Lincoln Park Coast Cultural District, Inc. NP West Kinney Place Condominiums Newark Essex $990,903 Fast Developer LLC FP Barrister Homes II Newark Essex $935,000 Hamlett Management LLC FP Hamlett-NEP House to Home Partnership Newark Essex $1,106,371 Cara Development, LLC FP 455 Hawthorne Avenue Newark Essex $600,000 Fast Developer LLC FP Parker Street Homes Newark Essex $530,000 New Homes Realty, Inc. FP West Runyon Housing Newark Essex $1,350,000 A&A Construction, Inc. FP Clinton Avenue Apartments Newark Essex $534,048 Jac & Jac Inc. FP Garden Street Housing Newark Essex $1,350,000 HANDS, Inc. NP Churchview Homes Project Orange Essex $805,000 HANDS, Inc. NP 232 High Street, Orange, NJ Orange Essex $520,180 Community Access Unlimited, Inc. NP 274 Concord Avenue - Vauxhall Union Hudson $295,064 DRAFT NEIGHBHORHOOD ENHANCEMENT PROGRAM SCORING SHEET 5/31/13 Application Number Type of Project (Rental ( R ) /Homeownership( H) ) Project Name Scorer's Name
TOP 1. Capacity of the applicant to successfully undertake the proposed activities RATING SCORE N/A The experience of the applicant in real estate development, specifically affordable housing? 10 Experience of applicant working with intended population? 5 Applicant’s financial ability to develop the project? 10 Has the applicant demonstrated effective grant/loan management? 3
Achieved prior grant/loan objectives within the established time frame; 0
Expended previous grant awards correctly and in a timely manner; and 0 Produced and submitted prior performance and financial reports correctly and on time. 0 The applicant does not have any audit, loan findings or other issues with DCA? 2 TOTAL (Maximum 30 points) 30
2. Does the proposed project meet the requirements of the program Does the project fall within the cost criteria and program guidelines? 8 Project financially feasible? 8 Are the proposed incomes and expenses or sale prices obtainable? 5 Does the project meet or exceed Energy Star and NJ Green requirements? 2 Project amenities does the project include? 2 Is the project providing extended affordability controls? 2 Is there minority participation in the development of the project? 2 Are any social services or homeownership workshops being provided? 2 Is the project serving a population not generally served? 3 Does the proposed project fit in harmoniously with the surrounding neighborhood and buildings?2 The project is not located in a Floodplain? 4 TOTAL (Maximum 40 points) 40
3. Neighborhood Criteria Is the neighborhood stable or improving? 1 Are public transportation, shopping, medical facilities, etc. easily accessible? 1 Is the neighborhood in a Smart Growth area or other designated area? 1 Is the neighborhood in the Pinelands, Highlands or other sensitive area? 1 Is/was the project site a designated Brownfields site? 1 Composition of the area rental vs. for-sale, affordable vs. market. 2 Has the neighborhood be designated an Area in Need of Redevelopment or Rehabilitation?2 Is the Neighborhood a Neighborhood Rehabilitation Tax Credit Neighborhood (NRTC)?1 Is the poverty rate below 4.9%? 1 Is the median house value below $340,000? 1 Is the median gross rent below $1,400? 1 Is the vacancy rate below 10%? 1 Is the median household income below $75,000? 1 TOTAL (Maximum 15 points) 15
4. Municipal Contribution Has the municipality applied for a Community Disaster Loan? 2 Has the municipality sustained damage from Super Storm Sandy? 2 Will the municipality contribute funds to the project? 2 Is the municipality providing a tax abatement or PILOT? 1 Is the municipality donating land or waiving development fees? 2 Is the municipality donating in kind services? 1 TOTAL (Maximum 10 points) 10
5. Other Are there other DCA supported projects in the area or municipality? 2 Is the town COAH or Court compliant? 1 Is the town on the State Urban Aid list? 1 Is the developer a State Certified CHDO? 1 TOTAL (Maximum 5 points) 5 GRAND TOTAL 100 SANDY SPECIAL NEEDS HOUSING FUND as of 4‐15‐2016
# of SN Application Sandy Special Needs Project Name Municipality (9) County Units # of Beds Population Date Award Date Award Committed Sponsor 100% Complete Cranford Benjamin Plainfield Union 3 7 Homeless 7/9/2013 10/3/2013 $664,433.00 Home First Sherman Place Garfield Bergen 1 4 DD 9/18/2013 1/23/2014 $415,071.00 Nouvelle LLC
Capstan Supportive Housing SH Beachwood Boro Ocean 8 11 Homeless 03/01/13 07/17/13 $829,468.00 HABCORE Landis Avenue (Buena Vista) Buena Vista Atlantic 4 4 DD 07/16/13 04/10/2014 $398,085.00 TRIAD Pascack Road SH Westwood Bergen 1 4 DD 11/06/13 01/23/2014 415,433.00 YAI Ashwood Drive SH Brick Ocean 1 4 DD 10/16/13 07/14/2014 390,333.00 Mobility High Street Heights Newark Essex 6 9 Homeless 04/13/13 10/03/13 $795,246.00 Acon, Inc.
Alpha Drive Supportive Housing Newark Essex 6 6 Homeless 04/13/13 06/06/13 $951,300.00 Acon, Inc. Tenafly SH Tenafly Bergen 6 10 DD 07/16/13 07/14/2014 $1,104,216.00 United Way Diamond Rd. SH Jackson Twp. Ocean 4 4 DD 4/4/2014 02/26/15 $499,769 Mobility Texas Rd SH Old Bridge Middlesex 1 4 DD 10/16/13 07/14/2014 508,331.00 Mobility
Dina's Dwelling/Town Clock CDC New Brunswick Middlesex 10 12 Homeless/ DV 04/01/13 07/14/2014 $2,400,000.00 Town Clock CDC
51 79 $9,371,685.00
# of SN Application Project Name Municipality (9) County Units # of Beds Population Date Award Date Award Committed Sponsor Closed/ Under Construction
Frankie's Home ‐ Mahwah SH Mahwah Bergen 4 6 DD 07/16/13 07/14/2014 $711,654.00 United Way Church Street Mahwah Bergen 1 4 DD 10/22/13 7/14/2014 528,968.00 New Concept Mountain Avenue Mahwah Bergen 1 4 DD 10/22/13 07/14/2014 513,395.00 New Concept
Danforth Supportive Housing I Jersey City Hudson 4 4 Homeless 04/10/13 01/23/2014 $328,890.00 New Bridge
Danforth Supportive Housing II Jersey City Hudson 4 4 Homeless 04/10/13 10/03/13 $140,326.00 New Bridge Mary's House Newark Essex 24 24 Homeless 04/01/13 10/02/2014 $1,875,753.00 Integrity Linwood Avenue Supportive Housing Bogota Bergen 1 4 DD 12/22/2014 5/21/2015 $586,856.00 Special Homes NJ Mountanview Supportive Housing Union City Union 1 4 DD 12/22/2014 5/21/2015 $481,974.00 Nouvelle, LLC
Central Ave. Supportive Housing Hackensack Bergen 1 4 DD 2/25/2015 07/02/15 $579,918 Special Homes NJ Emerson Veteran's SH Emerson Borough Bergen 14 14 Vet 03/11/14 8/13/2015 $2,500,000.00 New Concept Alberta Street SH Manchester Ocean 1 4 DD 4/4/2014 5/21/2015 $585,002.00 Mobility
56 76 $8,832,736.00
# of SN Application Commitment Project Name Municipality (9) County Units # of Beds Population Date Date Award Committed Sponsor Committed
Fairmount S.10 Street Apts Newark Essex 23 36 Homeless 05/27/42 07/14/2014 $2,500,000.00 Parkmont Laurel Avenue SH Livingston Essex 1 4 DD 02/06/14 12/18/2014 $536,660.00 CPNJ
Spotswood Supportive Housing Spotswood Middlesex 1 4 DD 6/17/2015 9/24/2015 $602,186.00 YCS, Inc.
Greenbrook Supportive Housing Middlesex Middlesex 1 4 DD 6/17/2015 9/24/2015 $592,763.00 YCS, Inc. Walnut Street Supportive Housing Northvale Bergen 1 4 DD 05/05/15 09/24/15 $608,967.00 YCS, Inc. Conover Street Supportive Housing Howell Monmouth 1 4 DD 7/22/2015 12/17/2015 $587,574.00 Nouvelle, LLC
Englewood Supportive Housing Englewood Bergen 1 4 DD 8/25/2015 3/3/2016 $622,704.00 Nouvelle, LLC
29 60 $6,050,854.00
# of SN Application Project Name Municipality (9) County Units # of Beds Population Date Award Date Award Committed Sponsor Tax Credit Project‐ 100% Complete
Ocean Green Apartments Jersey city Hudson 5 5 Homeless 4/13/2013 1/27/2014 $500,000.00 Cara Devt.
Freedom Village @ Toms River Toms River Ocean 18 18 DD/DMHS 4/13/2013 1/27/2014 $1,800,000.00 Project Freedom Kilmer Homes Phase I Edison Twp. Middlesex 15 15 Homeless 4/13/2013 1/27/2014 $1,500,000.00 Alpert Grp. Kilmer Homes Phase II Edison Twp. Middlesex 15 15 Homeless 4/13/2013 1/27/2014 $1,500,000.00 Alpert Grp.
53 53 $5,300,000.00
3:39 PM4/15/2016 1 F:\FY 2017 BUDGET\Attachment D‐ Sandy Special Needs.xlsx # of SN Application Project Name Municipality (9) County Units # of Beds Population Date Award Date Award Committed Sponsor Tax Credit Projects‐ Closed and under Construction
Barnegat Sr. Apts Barnegat Twp Ocean 5 5 DD 3/19/2014 5/21/2015 $850,000.00 The Walter's Grp.
Absecon Family (aka‐Clayton) Abescon City Atlantic 5 5 DD 11/29/2013 7/2/2015 $850,000.00 Conifer
10 10 $1,700,000.00
# of SN Application Project Name Municipality (9) County Units # of Beds Population Date Award Date Award Committed Sponsor Tax Credit Projects‐ Committed
Cape May Point Cape May Court House Cap May 10 34 DD/FMHAS 2/25/2014 8/14/2014 $1,264,918.00 Fieldstone Estates, LLC The Beach at South Inlet Atlantic City Atlantic 5 5 DD 1/27/2014 5/21/2015 $850,000.00 Boraie Development Oakland Square Red Bank Monmouth 5 5 DD 8/26/2013 5/21/2015 $850,000.00 Yellow Book, Inc
Visions @Absecon‐Family Absecon City Atlantic 5 5 DD 10/29/2013 5/21/2015 $850,000.00 Visions & Absecon,Inc.
Carrino Plaza Apts. Newark Essex 10 10 Mental Health 2/26/2015 5/31/2016 $995,000.00 Regan Dev.
A Better Life Newark Essex 24 24 Mental Health 4/1/2010 7/2/15 3,400,000.00 New Communities Plainfield YMCA Plainfield City Union 31 31 Youth ‐ aging out 6/25/2014 7/2/2015 $2,500,000.00 Plainfield YMCA
90 114 $10,709,918.00
3:39 PM4/15/2016 2 F:\FY 2017 BUDGET\Attachment D‐ Sandy Special Needs.xlsx