City of Pawtucket, Rhode Island

2014-2015

HOME INVESTMENT

PARTNERSHIPS PROGRAM

(HOME)

APPLICATION PACKET

DUE ON FRIDAY, FEBRUARY 28, 2014

BY 4 P.M.

DEPARTMENT OF PLANNING AND REDEVELOPMENT

175 MAIN STREET

PAWTUCKET, RI 02860

401-724-5200 FAX 401-726-6237

City of Pawtucket, Rhode Island

APPLICATION INSTRUCTIONS

HOME Investment Partnerships Program

FY 2014-2015

Please find attached a HOME Program request for proposal application packet from the City of Pawtucket, Rhode Island, for fiscal year 2014-2015. Beginning July 1, 2014, the City of Pawtucket is anticipating $400,000, pending approval from the U.S. Department of Housing and Urban Development. To be considered for funding, all applicants should be mindful of the following:

1.  The HOME program is a federal program designed to improve the housing stock for all community residents, but principally those residents of low and moderate income.

2.  Only certain activities are eligible for assistance under the HOME program.

3.  In addition to basic eligibility criteria, applications will be evaluated as to how well they meet identified 2010-2015 Consolidated Plan, Affordable Housing Strategic component (see attached appendix) and the extent to which they leverage other funding sources or collaborate with the banking community, and/or private funds.

4.  Community Housing Development Organizations (CHDO’s). If your organization is already classified as a City of Pawtucket CHDO, you are eligible for a set-aside of approximately $60,000 that may be allocated through a CHDO. If your organization wishes to apply for CHDO status, please call Edward G. Soares at the Department of Planning and Redevelopment.

5.  All applicants must complete the standard HOME Program application for funding consideration. Applicants should submit FOUR (4) copies of the application along with an original signature version (FIVE (5) in total).

6.  The deadline for applications is FRIDAY, FEBRURY 28, 2014 - 4 P.M.

7.  Applications should be hand delivered or sent in care of: Edward G. Soares, Community Development Program Manager, Department of Planning and Redevelopment, 175 Main Street, Pawtucket, Rhode Island 02860.

8.  All applicants will be required to make a brief presentation of their funding request at the following public meeting:

HOME Activities

Thursday, March 13, 2014 at 5 P. M.

Blackstone Valley Visitor Center

175 Main Street, Pawtucket, Rhode Island

9.  Applicants who require assistance in completing the application, are unsure about a project’s eligibility, or have any other questions, should contact Edward G. Soares at the Department of Planning and Redevelopment at (401) 724-5200 or TDD (401) 722-8239. You may also e-mail questions to

City of Pawtucket, Rhode Island

HOME Program

Funding Application

Due: FRIDAY, FEBRUARY 28, 2014 at 4 P.M.

Project Address: ______

Name of Organization:______

Contact Person/Title: ______

Contact E-MAIL:______

Address: ______

City ______State ______Zip _____ Census Tract ______

DUNS #______Tax ID # ______

Check One

Nonprofit For Profit Community Housing Development Organization

HOME Funds Requested Proposed Activities

As a grant $______Acquisition and/or Rehabilitation

Rental $______

Homeownership** $______

As a loan $______

Match amount* $______Homeownership FTHB $______

Total other funds $______Tenant-Based Rental

Assistance $______

Total Project Cost $______

I verify that the information in this application is true and correct. I understand that false statements herein are subject to the penalties of Rhode Island Law relating to unsworn falsification to authorities.

Signature: ______Date:______

Title: ______

If applicable, please attach a resolution of the Board of Directors authorizing submission of this application;

*ALL HOME FUNDS MUST BE MATCHED WITH NON-FEDERAL FUNDS, ON A $.25 TO $1.00 BASIS. PLEASE SEE ATTACHED MATCH GUIDELINES IN TECHNICAL APPENDIX 1.

**All Homeownership activities must be sold within 9 months from the date of completion or the unit must be rented to an income qualified family. The unit cannot stay empty beyond a 9 month period after completion.

Description of the Proposal

(Must be completed by all applicants)

Project Address: ______

Attach a narrative description of the project or program proposed for funding. In the general narrative description include current ownership, condition, occupancy, future plans for the property, project objectives, and identify the beneficiaries of the proposal.

1.  Identify other financing, if any, committed to the proposal. Attach any letter of commitment or intent to this application. Identify all proposed sources of funds and when they are expected.

2.  Are further actions necessary to comply with zoning and environmental regulations?

Zoning ___ Yes ___ No

Wetlands ___ Yes ___ No

Flood Plain ___ Yes ___ No

Historic Preservation ___ Yes ___ No

If yes, describe actions to be taken to comply with regulations.

3.  Does the applicant currently have site control? If so, attach evidence of title, purchase and sales agreement, option agreement, etc. If not, how and when will site control be obtained?

4.  Implementation schedule: (Provide estimated dates)

Project Schedule (Site specific proposals)

Commitment of all funding Estimated first drawdown

Completion of design/engineering Completion of construction

Start of construction Full occupancy

5. Describe which of the priorities of the City of Pawtucket’s Consolidated Plan will be addressed by the proposal and how the activity will meet that priority. Consolidated Plan Housing area attached, copies of the complete report are available for review in the Office’s of the Department of Planning and Redevelopment, 175 Main Street, Pawtucket, RI 02860 (401) 724-5200.

6.  Describe the experience of the applicant in implementing similar proposals:

1)  Programs or housing developments completed,

2)  Identify all housing projects or programs currently underway,

3)  Identify the staff and/or development team and their qualifications and experience.

7.  Describe the term of affordability for the proposal and methods to insure continued affordability.

8.  Sources of Match, please describe the sources of your match contribution. All HOME funds used for acquisition, rehabilitation and first-time homebuyers must be matched with non-federal funds. For every HOME dollar spent, a match of $.25 must be made.

9.  Attach the following documents:

_____ Site location map and photographs

_____ Estimated construction costs

_____ Evidence of site control

_____ Draft Program Design

10. All applicants must submit a performance measurement statement. The statement will identify how the applicant intends to measure how the HOME funds produce a result. Applicants should include a system for measuring outcomes in their overall project/program design. Applicants are strongly encouraged to consult with City of Pawtucket Planning Staff on their choice of performance measures.

Rehabilitation/New Construction of Rental Housing

(Complete for rental proposals only)

Description of the proposed project:

Proposed Project Address:______

City:______# of Buildings:______# of Stories:______

Census Tract:______Current Owner(s):______

Total Units:______Total HOME assisted units:______

No of No. of Current Proposed Utilities Current Occupants

Bedrooms Units Rent Rent Paid by Vacant/Occupied

Tenant

0 _____ $_____ $_____ $______/______

1 _____ $_____ $_____ $______/______

2 _____ $_____ $_____ $______/______

3 _____ $_____ $_____ $______/______

4 _____ $_____ $_____ $______/______

Proposed Tenants

Number of proposed tenants with moderate income (Less than 80% of median)

Number of proposed tenants with low income (Less than 60% of median) ____

Number of proposed tenants with very low income (Less than 50% of median) ____

Number of proposed tenants with income higher than 80% of median ____

TOTAL: ____

Will current tenants be displaced? ___Yes ___No ____ number of families

Are units currently occupied; provide a list of current residents by family size & approximate income.

Proposed Terms of HOME Assistance ___Grant ___ Loan Interest Rate ___

Term/Length of assistance_____

*Identify members of the development team, if known. Include architects, engineers, consultants, property managers, etc.

The City of Pawtucket, Rhode Island, does not discriminate against persons based on race, color, religion, marital status, sex, national origin, ancestry, age, familial status, disability or any arbitrary basis. If you need special assistance in order to read and understand the information contained herein, please call the City of Pawtucket, Department of Planning and Redevelopment at 724-5200. The City of Pawtucket TDD(Telecommunications for the Deaf) number is 722-8239. You may also e-mail questions to

F:\DPR\conplan14-15\home14.app.doc

APPENDIX

City of Pawtucket, Rhode Island
Federal Housing and Community Development Programs*
2013 Income Guidelines
Effective Date: December 11, 2012
2013 Median Family Income: / $ 71,100
1 / 2 / 3 / 4 / 5 / 6 / 7 / 8
PERSON / PERSON / PERSON / PERSON / PERSON / PERSON / PERSON / PERSON
Moderate Income
(80% of Median) / $40,250 / $46,000 / $51,750 / $57,500 / $62,100 / $66,700 / $71,300 / $75,900
Low Income
(50% of Median) / $25,200 / $28,800 / $32,400 / $35,950 / $38,850 / $41,750 / $44,600 / $47,500
*governing the Community Development Block Grant (CDBG), HOME Housing, and Emergency Solutions Grant (ESG) Programs.

APPENDIX

City of Pawtucket, Rhode Island

2010-2015 Consolidated Plan Strategic Priority Area Summary – Affordable Housing Goals

Priority
Funding / Planned Performance
Priority Category / Specific Activity / Ranking / Measure
a. Assist the rehabilitation of / Provide funding pool for non-profits / High / # of 30 year affordability
foreclosed and other distressed / to acquire and rehabilitate foreclosed / units produced
properties for reuse as deed / and other housing for rental housing
restricted (30 years) affordable
rental housing.
b. Assist low/moderate income qualified / Downpayment and closing cost assistance / High / # of homebuyers assisted
homebuyers purchased properties, with an / targeted to specific priority purchase areas
emphasis on multi-families and on the
Woodlawn and Pleasant View neighborhoods.
c. Support small scale (6 space units and / Provide funding pool for non-profits to acquire / High / # of affordable units produced
under per property) redevelopment of / and rehabilitate distressed properties
distressed properties with a priority for
permanent supportive housing for homeless
individuals and families.
d. Provide low cost loan financing to qualified / Provide loan funding pool through the Pawtucket / High / # of housing units rehabilitated
Pawtucket property owners to rehabilitate / Redevelopment Agency for qualified property owners
their properties.
Priority
Funding / Planned Performance
Priority Category / Specific Activity / Ranking / Measure
e. Support for tenant-based rental assistance / Providence funding for agencies to administer / High / # of low/moderate income
programs, with a priority for individuals/ / rental vouchers to low/moderate income households / households assisted.
families with special needs.
f. Provision of emergency rental assistance / Provide one-time emergency stipend / High / # of low/moderate income
to low/moderate income households facing / to low/moderate income households / households assisted.
eviction. / facing eviction
g. Support for appropriately scaled neighborhood / Provide funding and/or property for / Medium / # of affordable
infill affordable housing with a priority for / non-profits to build infill housing / units produced.
owner occupancy.
h. Promote understanding of and access to / Support efforts to promote fair housing / Medium / # of fair housing contacts
the protections of the federal fair housing law. / awareness to local citizenry

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