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2011 Consolidated Funding Cycle Program Manual and Application Materials

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2011 Consolidated Funding Cycle Program Manual and Application Materials 2011 Consolidated Funding Cycle Program Manual and Application Materials For the following programs: HOME HELP Housing Development Grant (Trust Fund) General Housing Account Program (GHAP) Low Income Housing Tax Credit (LIHTC) Low Income Weatherization (LIW) Oregon Affordable Housing Tax Credit (OAHTC) Housing Preservation Funds (HPF) Oregon Housing and Community Services 725 Summer Street NE, Suite B Salem, OR 97301-1266 (503) 986-2000, FAX (503) 986-2020, TTY (503) 986-2100 www.ohcs.oregon.gov Table of Contents Page # Letter from the Director Table of Contents ......................................................................................................... 1 Section 1: Application Notices and Overview Notices.......................................................................................................................... 2 Overview ....................................................................................................................... 8 OHCS Charges for Grant & Tax Credit Funding ............................................................ 10 2011 CFC Schedule...................................................................................................... 12 Resources Available and Allocation of Funds ............................................................... 13 Regional Advisor to the Department Information & Urban/Metro & Rural Allocation ...... 14 Section 2 Application Submittal and Review Process Application Submittal and Review Process ................................................................... 2 Section 3 OHCS Performance Measurements and Preferences OHCS Performance Measurements and Preferences ................................................... 2 Section 4 OHCS Policies, Standards and Requirements OHCS Policies, Standards and Requirements .............................................................. 2 Eligible Cost Disbursements for Grants and Loan Programs ......................................... 14 Section 5 Architectural Standards for New Construction and Rehabilitation Introduction ................................................................................................................... 2 Architectural Standards ................................................................................................. 3 Architectural Design Requirements ............................................................................... 5 Green Building Requirements……..…………………………………………………………. 9 Architectural Rehabilitation Standards………………………………………………………. 12 Visitability ...................................................................................................................... 15 Appendix ....................................................................................................................... 24 Replacement Reserves Schedule ................................................................................. 25 Section 6 HOME Program Description and Requirements Program Description ..................................................................................................... 2 Environmental Reviews and the Acquisition of Property ............................................... 16 Federal Labor Standards .............................................................................................. 23 2011 Consolidated Funding Cycle Application Table of Contents - Page 1 of 4 Summary of New Lead-Based Paint Regulations .......................................................... 25 Lead-Based Paint Notices (English and Spanish) ......................................................... 29 Uniform Relocation Act Forms (URA) ........................................................................... 32 HOME Program Rents and Incomes ............................................................................. 56 Section 7 HELP Program Description and Requirements Program Description ..................................................................................................... 2 Section 8 Housing Trust Fund Program, General Housing Account Program Description and Requirements Program Description ..................................................................................................... 2 Section 9 Low Income Housing Tax Credit Program Description and Requirements Program Description ..................................................................................................... 2 Qualified Census Tracts and Difficult to Develop Areas ................................................ 11 Carryover Requirement ................................................................................................. 15 Technical Assistance Memorandum from the IRS ......................................................... 20 LIHTC Definitions .......................................................................................................... 21 LIHTC Program Rents and Incomes ............................................................................. 25 Section 10 Low Income Weatherization Program Description and Requirements Program Description ..................................................................................................... 2 CFC Low Income Weatherization Eligibility Quiz ........................................................... 6 Section 11 Oregon Affordable Housing Tax Credit Program Description and Requirements Program Description ..................................................................................................... 2 Part 1: Submittal Documents Authorization and Acceptance Form ............................................................................. 2 Board of Directors Resolution, if applicable ................................................................... 3 Application Submittal Checklist ..................................................................................... 4 Application and Charge Transmittal Form ..................................................................... 8 Part 2a: Threshold Certification of Zoning ................................................................................................... 2 Verification of Site Control ............................................................................................. 3 Verification of Submittal Documents ............................................................................. 3 Environmental Review Checklist (signed by Applicant and RAD) .................................. 4 2011 Consolidated Funding Cycle Application Table of Contents - Page 2 of 4 Part 2b: Threshold - Architectural Architectural Threshold Question .................................................................................. 16 Visitability Exemption Request Form ............................................................................. 17 Maximum Unit Floor Area/Two Bath Exemption Request Form .................................... 18 Architectural Plans or Rehabilitation Documents – Attach Here .................................... 19 Part 3: Applicant and Project Information Applicant and Project Information ................................................................................. 2 2011 CFC Housing Council Report ............................................................................... 10 Part 4: Narrative Question Narrative Question ........................................................................................................ 2 Part 5: Self-Scored Section Excel “Needs” Scoring Worksheet, Green Building Worksheet(s) and Self-Scored Section – Attach Here ................................................................................................... 2 Request for Needs Priority Reassignment .................................................................... 3 Part 6: Resident Services Resident Services Description ...................................................................................... 2 Part 7: Market and Rent Assessment Group Home Demand Analysis ..................................................................................... 2 Special Needs Demand Analysis .................................................................................. 3 General Population Demand Analysis ........................................................................... 5 Third Party Market Analysis (Attach as separate document) ......................................... 8 Part 8: Sponsor Capacity Sponsor Capacity ......................................................................................................... 2 Requests for Sponsor Capacity on Asset Management ................................................ 5 Part 9: Financial Feasibility and Readiness to Proceed Proposed Project Schedule ........................................................................................... 2 Financial Assumptions .................................................................................................. 3 Schedule of the Maximum Rental Rates Allowed by Rental Subsidy Source (I.E., HUD or RD), if applicable – Attach Here ....................................................................... 6 Schedule of Real Estate Holdings – Attach Here .......................................................... 6 30 Year Replacement Reserve Schedule – Attach Here ............................................... 6 2011 Consolidated Funding Cycle Application Table of Contents - Page 3 of 4 Data Sheet and Comparables Report, if applicable – Attach Here ............................... 6 Preservation
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