toptorontoagent.ca This annual VIDEO BLOG by Toronto Real Estate Board’s Senior Manager of Market Analysis, Jason Mercer, dives deep into the latest market d…
Welcome to Murphy Canyon, Lincoln Military Housing’s most well-known San Diego community. Murphy Canyon is comprised of 4 separate communities: Santo Terrace…
This Video shows a failure, on many levels, of the NSW Department of Housing’s ‘ Social Housing’ Aquisition, Refurbishment & Client Placement process. These …
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21st Century Essential Guide to HUD Programs and Housing Grants – Volume Two, Major Programs, Housing for the Elderly (Section 202) and Disabled (Section 811), Homeless Assistance, Applications
21st Century Essential Guide to HUD Programs and Housing Grants - Volume Two, Major Programs, Housing for the Elderly (Section 202) and Disabled (Section 811), Homeless Assistance, ApplicationsFederal documents on HUD programs and housing grants - provides extensive information on housing grants and programs: * Housing for the Elderly (Section 202) Section 202 Supportive Housing for the Elderly Program. This program provides funding for the development and operation of supportive housing for very low-income persons 62 years of age or older. Approximately $462.9 million in capital advance funds, plus associated project rental assistance contract (PRAC) funds and any carryover funds available. Capital advance funds will cover the cost of developing the housing. PRAC funds will cover the difference between the HUD-approved operating costs of the project and the tenants’ contributions toward rent (30 percent of their adjusted monthly income). Eligible Applicants. Private nonprofit organizations and nonprofit consumer cooperatives. The local HUD office structure, for the purpose of implementing the Section 202 program, consists of 18 Multifamily Hub Offices. Within the Multifamily Hubs, there are Multifamily Program Centers with the exception of the New York Hub, the Buffalo Hub, the Denver Hub and the Los Angeles Hub. * Housing for Persons with Disabilities (Section 811) Section 811 Supportive Housing for Persons with Disabilities. This program provides funding for the development and operation of supportive housing for very low-income persons with disabilities who are at least 18 years old. If you receive funding through this program, you must assure that supportive services are identified and available. Available Funds. Approximately $95.8 million in capital advance funds, plus associated project rental assistance contract (PRAC) funds and any carryover funds available. Capital advance funds will cover the cost of developing the housing. PRAC funds will cover the difference between the HUD-approved operating costs of the project and the tenants’ contributions toward rent (30 percent of their adjusted monthly income). Eligible Applicants. Nonprofit organizations that have a section 501(c)(3) tax exemption from the Internal Revenue Service. Occupancy. You may propose a Section 811 project to serve persons with physical disabilities, developmental disabilities, chronic mental illness, or any combination of the three. In addition, you may request HUD approval to restrict occupancy to a subcategory of one of these three defined categories (e.g., HIV/AIDS is a subcategory of physical disability). If restricted occupancy is approved, however, you cannot deny occupancy to any otherwise qualified person that meets the definition of the overall category of disability under which the subcategory falls. * Homeless Assistance Continuum of Care (CoC) The purpose of the CoC Homeless Assistance Programs is to assist homeless persons to move to self-sufficiency and permanent housing. Available Funds: Approximately $1 billion is available for funding. Matching funds are required from local, state, federal or private resources. The purpose of the CoC Homeless Assistance Programs is to reduce the incidence of homelessness in CoC communities by assisting homeless individuals and families to move to self sufficiency and permanent housing. Projects that sustain current successful interventions and fill gaps in locally developed CoC systems will be funded. To help meet the Administration’s goal of ending chronic homelessness, priority will be placed on programs that target the supportive housing needs of chronically homeless persons. The only persons who may be served by permanent housing projects (both new and renewal) are those who come from the streets, emergency shelters, or transitional housing. People who are currently housed but may become homeless within seven days, remain eligible for transitional housing and emergency shelters.
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21st Century Essential Guide to HUD Programs and Housing Grants – Volume One, Community Development, SuperNOFA, Loans, Aid, Applications
21st Century Essential Guide to HUD Programs and Housing Grants - Volume One, Community Development, SuperNOFA, Loans, Aid, ApplicationsPrograms from the HUD (Dept. of Housing and Urban Development) with extensive information on housing grants and programs: * User’s Guide to HUD Grants and SuperNOFA * Assisted Living programs * Guide to Environmentally Safe Sites * America’s Affordable Communities Initiative * Grant Application Package Procedures * Five Critical Steps in Registering to Apply for Grants * Frequently Asked Questions In addition to programs for individuals, many of these programs are available to State and local governments; public housing agencies (PHAs); nonprofit organizations including colleges and universities; Indian tribes and tribally designated housing entities (TDHEs); graduate students; public housing resident organizations; owners of federally assisted low-income housing; and for-profit professional and technical services companies. The 2005 SuperNOFA includes approximately $2.26 billion in 53 funding opportunities, tailored to help communities design and implement housing and community development programs that address local needs. These funds are in addition to, and complement, the more than $25.5 billion provided to communities via formula grants, housing choice vouchers, and other funding. The User’s Guide includes: Center for Faith-Based and Community Initiatives * Southwest Border Region (SWBR), Colonias, and Migrant/Farmworker Initiative * Electronic Submission of Applications for Grants and Other HUD Financial Assistance * Use of Data Universal Numbering System (DUNS) Identifier: Final Rule * Equal Participation of Faith Based-Organizations * American Dream Downpayment Initiative (ADDI) * What Is the SuperNOFA? What Is a Competitive Grant Program? Competitive Grant Program List * Policies and Procedures Associated With the SuperNOFA Submission Policy, Common Factors for Award, Who Can Apply for SuperNOFA Programs? * Waiver of Electronic Submission Requirement * Environmental Requirements * Housing and Community Development * Technical Assistance (TA), Universities and Colleges * Fair Housing Education and Outreach/Enforcement and Housing Counseling * Healthy Homes and Lead Hazard Control * Economic Development and Empowerment * Targeted Housing and Homeless Assistance * Homeless Assistance, Elderly, Persons With Disabilities * Public Housing Revitalization HOPE VI, Elderly, Economic Development, Persons with Disabilities * HUD’s Formula-Based Programs * Community Development Block Grant (CDBG) Program * Economic Development Loan Guarantee (Section 108) * HOME Investment Partnerships Program * Housing Choice Voucher Program Contract Renewals * Public Housing—Capital Fund Program (CFP) * Indian Housing Block Grant (IHBG) Program * Native Hawaiian Housing Block Grant (NHHBG) Program * Native Hawaiian Housing Loan Guarantees (Section 184A) * Emergency Shelter Grant (ESG) Program * Housing Opportunities for Persons With AIDS (HOPWA) * Fair Housing Assistance Program (FHAP) * Federal Housing Administration (FHA) Homeownership Programs * HUD’s Discount Property Sales Programs, Indian Home Loan Guarantees (Section 184) * Title VI Loan Guarantee Program · HUD Field Office Contact Information, HUD Headquarters Program Offices, HUD Homeownership Centers, HUD Contacts for Farmworkers. * This is a privately authored news service and educational publication of Progressive Management. Our publications synthesize official government information with original material - they are not produced by the federal government. They are designed to provide a convenient user-friendly reference work to uniformly present authoritative knowledge that can be rapidly read, reviewed or searched. Vast archives of important data that might otherwise remain inaccessible are available for instant review no matter where you are. This e-book format makes a great reference work and educational tool. There is no other reference book that is as convenient, comprehensive, thoroughly researched, and portable.
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2011 Fannie Mae and Freddie Mac Report: Reforming America’s Housing Finance Market and Fixing the Mortgage Market, Winding Down the GSEs
2011 Fannie Mae and Freddie Mac Report: Reforming America's Housing Finance Market and Fixing the Mortgage Market, Winding Down the GSEsOn February 11, 2011, the Obama Administration delivered a report to Congress that provides a path forward for reforming America’s housing finance market. The Administration’s plan will wind down Fannie Mae and Freddie Mac and shrink the government's current footprint in housing finance on a responsible timeline. The plan also lays out reforms to continue fixing the fundamental flaws in the mortgage market through stronger consumer protection, increased transparency for investors, improved underwriting standards, and other critical measures. Additionally, it will help provide targeted and transparent support to creditworthy but underserved families that want to own their own home, as well as affordable rental options. This paper lays out the Administration’s plan to reform America's housing finance market to better serve families and function more safely in a world that has changed dramatically since its original pillars were put in place nearly eighty years ago. Our plan champions the belief that Americans should have choices in housing that make sense for them and for their families. This means rental options near good schools and good jobs. It means access to credit for those Americans who want to own their own home, which has helped millions of middle class families build wealth and achieve the American Dream. And it means a helping hand for lower-income Americans, who are burdened by the strain of high housing costs. But our plan also dramatically transforms the role of government in the housing market. In the past, the government’s financial and tax policies encouraged housing purchases and real estate investment over other sectors of our economy, and ultimately left taxpayers responsible for much of the risk incurred by a poorly supervised housing finance market. Going forward, the government’s primary role should be limited to robust oversight and consumer protection, targeted assistance for low- and moderate-income homeowners and renters, and carefully designed support for market stability and crisis response. Our plan helps ensure that our nation’s economic health will not be jeopardized again by the fundamental flaws in the housing market that existed before the financial crisis. At the same time, this plan recognizes the fragile state of our housing market and is designed to ensure that reforms are implemented at a stable and measured pace to support economic recovery over the next several years. - This is a privately authored news service and educational publication of Progressive Management. Our publications synthesize official government information with original material - they are not produced by the federal government. They are designed to provide a convenient user-friendly reference work to uniformly present authoritative knowledge that can be rapidly read, reviewed or searched. Vast archives of important data that might otherwise remain inaccessible are available for instant review no matter where you are. This e-book format makes a great reference work and educational tool. There is no other reference book that is as convenient, comprehensive, thoroughly researched, and portable - everything you need to know, from renowned experts you trust. For over a quarter of a century, our news, educational, technical, scientific, and medical publications have made unique and valuable references accessible to all people. Our e-books put knowledge at your fingertips, and an expert in your pocket!
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