Missouri Housing Development Commission

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(No Transcript)
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Trust Fund Basics I

• Presented by
• Daniel McKim, Assistant Manager of Community
  Initiatives
• Alissa Smet, Trust Fund Accountant
• and
• Heather Bradley-Geary, Trust Fund and Community
  Initiatives Manager
• August 28, 2007

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Agenda

• General Overview
• Allocation Plan
• Proposal Guide
• Application
• Ranking
• Questions

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General Information

• Created by the State Legislature in 1994 to help
  meet the housing needs of very low income
  families and individuals (RSMo 215.034).
• Housing Trust Fund monies are used to provide
  housing and housing services to persons with
  income at or below 50 of the statewide median
  income.
• 50 of the funds must be used for persons below
  25 of the statewide median income.

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General Information

• The Trust Fund is supported by the set-aside of
  3 from the recording fees on all real estate
  documents filed in the State of Missouri.
• Annual funding has ranged between 5 million and
  6 million during the past few years.
• Typically receive the annual allocation during
  the month of August and the NOFA (Notice of
  Funding Availability) is posted on the MHDC
  website (www.mhdc.com/housing_trust_fund/index.htm
  .)
• 30 of the Trust Fund is allocated for non-profit
  agencies.

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Allocation of Funds(refer to MHTF-110)

• MHDC has derived the following five grant types
  as priorities in 2008 to meet the needs of both
  the chronic and episodic homeless population
• 1. Emergency Assistance for Homeless
  Prevention
• 2. Construction/rehab of homeless shelters and
  facilities
• 3. Project Based Rental Assistance
• 4. Home Repair
• 5. Operating Match Funds

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Construction/Rehabilitation

• May be used for
• Single room occupancy rental units
• Permanent housing for the homeless
• Shelters and transitional housing for the
  homeless

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Rental Assistance

• May be used for
• Project-based rental assistance for qualified
  tenants in newly constructed or rehabilitated
  affordable housing.
• For tenants of existing rural developments funded
  by USDA/Rural Development, HUD or MHDC.

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Home Repair

• May be used for
• Weatherization
• Accessibility
• Repair or replacement of major systems
• Repairs for life safety issues
• Environmental abatement

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Operating Match Funds

• May be used for
• 25 program operations match required by HUD
• Staff Salary
• Program Operations

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Geographic Allocation (2008)

• St. Louis Metropolitan Area (36)
• Kansas City Metropolitan Area (20)
• South Region (15)
• Central Region (15)
• North Region (15)

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St. Louis Metropolitan Area

• Counties Franklin, Jefferson, Lincoln, St.
  Charles, St. Louis City, St. Louis, Warren
  Counties and Sullivan City (of Crawford county)

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Kansas City Metropolitan Area

• Counties Clay, Cass, Clinton, Jackson,
  Lafayette, Platte and Ray

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South Region

• Counties Barry, Barton, Butler, Carter, Cedar,
  Christian, Dade, Dallas, Dent, Douglas, Dunklin,
  Greene, Hickory, Howell, Jasper, Laclede,
  Lawrence, McDonald, Mississippi, New Madrid,
  Newton, Oregon, Ozark, Pemiscot, Polk, Reynolds,
  Ripley, Scott, Shannon, Stone, Stoddard, Taney,
  Texas, Vernon, Wayne, Webster and Wright.

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Central Region

• Counties Audrain, Bates, Benton, Bollinger,
  Boone, Callaway, Camden, Cape Girardeau, Cole,
  Cooper, Crawford, Gasconade, Henry, Howard, Iron,
  Johnson, Madison, Maries, Miller, Moniteau,
  Montgomery, Morgan, Osage, Perry, Pettis, Phelps,
  Pulaski, Saline, St. Clair, St. Francois, Ste.
  Genevieve and Washington

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North Region

• Counties Adair, Andrew, Atchison, Buchanan,
  Caldwell, Carroll, Chariton, Clark, Daviess,
  Dekalb, Gentry, Grundy, Harrison, Holt, Knox,
  Lewis, Linn, Livingston, Macon, Marion, Mercer,
  Monroe, Nodaway, Pike, Putnam, Ralls, Randolph,
  Schuyler, Scotland, Shelby, Sullivan and Worth

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Application/Proposal Guide(refer to MHTF-115)

• Deadline for applications is October 5, 2007 by
  430pm (no exceptions).
• Submit 2 copies of application in 2 complete
  binders (binders must be 1 inch, 3-ring,
  hard-covered binders)
• 1 electronic copy onto CD and place inside the
  front cover of 3-ring binder

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Submit to

• Missouri Housing Development Commission
• Missouri Housing Trust Fund
• 3435 Broadway
• Kansas City, MO 64111
• By October 5, 2007 at 430pm
• (no exceptions)

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2008 funding cycle Timeline

• NOFA posted August 20, 2007
• Proposal Deadline October 5, 2007
• Commission Review Meeting
• December 21, 2007
• Awards Notification January 2008
• Contracts Awarded April 1, 2008
• Deadline to Use Funds April 30, 2009

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Application Guidance

• Directions for Printing, navigating and
  electronically copying the application
• Instructions for obtaining, downloading and
  opening the application
• Description of the application and sections to be
  completed

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The Application

• Application Checklist
• General Information
• Proposal Information
• County Demographic Information
• Representative Demographic Information
• Senator Demographic Information

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Checklist

• MHTF Application Forms
• Narrative Description
• Program Operating Guidelines
• Resumes of Program/Project Staff
• Line item program/project budgets (100, 80, 65
  and 50)
• Statement of program/project sources and uses

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Checklist.

• Agency Budget
• Most current audited financial statement
• Board of Director member list
• Secretary of State Certificate of Good Standing
  (current within 3 months)
• City/Locality map showing area of service
• Letters from at least two elected officials

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Checklist

• Exhibit Forms
• Articles of Incorporation
• Supporting documentation ensuring that the
  agencys mission statement is being completed
• Agency by-laws

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Narrative Checklist

• Maximum of 5 pages and needs to include the
  following
• Mission, history, program/project mission,
  program/project description, program/project
  annual goals, specific statement of how MHTF
  dollars will be used, description of the nature
  of housing problems that will be addresses,
  description of experience, description of how
  MHTF funds will increase the applicant's ability
  to serve low-income individuals, and collaboration

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Narrative Checklist

• Construction projects to also include
• work write-up and/or architectural drawings,
  construction cost breakdown, time frame/
  construction schedule, development teams members
  and experience, photographs, maps and site plan.

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Exhibits

• Exhibit 1-Homeless Prevention
• Exhibit 2-Home Repair
• Exhibit 3-Rental Assistance
• Exhibit 4-Operating Match Fund

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Ranking

• Sponsors/providers are advised that applications
  for MHTF funding are selected through a
  competitive process. MHTF core team will review
  and rank all applications and required exhibits.
  Recommendations established by the MHTF core team
  will be presented to the commission for approval.
  

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Frequently Asked Questions

• Please refer to
• MHTF-120 first!
• If your question can not be answered.
• Please contact

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Questions and Answers

• Alissa Smet
• 3435 Broadway
• Kansas City, MO 64111
• Phone [phone]
• E-mail asmet_at_mhdc.com