January 1, 2016 thru March 31, 2016 Performance Report

Transcription

1 Grantee: Grant: Savannah, GA B-08-MN January 1, 2016 thru March 31, 2016 Performance Report 1

2 Grant Number: B-08-MN Grantee Name: Savannah, GA Grant Award Amount: $2,038, Obligation Date: Contract End Date: 03/19/2013 Grant Status: Active Award Date: Review by HUD: Reviewed and Approved QPR Contact: Brian Brainerd LOCCS Authorized Amount: $2,038, Estimated PI/RL Funds: $1,640, Budget: $3,678, Disasters: Declaration Number NSP Narratives Areas of Greatest Need: Distribution and and Uses of Funds: Definitions and Descriptions: Low Income Targeting: Acquisition and Relocation: Public Comment: Overall Projected Budget from All Sources Budget Obligated Funds Drawdown Program Funds Drawdown Program Income Drawdown Program Income Received Funds Expended To Date N/A $3,666, $3,666, ($4,816.40) $3,559, $104, $3,494, $1,905, $104, $1,588, $4, $1,631, $127, $3,621,

3 Match Contributed Progress Toward Required Numeric Targets Requirement Required Overall Benefit Percentage (Projected) Overall Benefit Percentage (Actual) Minimum Non-Federal Match Limit on Public Services $305, Limit on Admin/Planning $203, Limit on State Admin To Date 0.00% 0.00% $34, $34, Progress Toward Activity Type Targets Progress Toward National Objective Targets National Objective Target Actual NSP Only - LH - 25% Set-Aside $509, $702, Overall Progress Narrative: Three units were completed or sold to eligible homebuyers during the 1st Quarter of 2016 and three new affordable single family dwellings are under construction in Savannah. Currently there are 3 units underconstruction or awaiting sale to a eligible homebuyers. A total of 108 units have been completed utilizing NSP1 funding; 68 single family homes and 39 multi-family units The new housing is designed and built according to EarthCraft green building standards for energy efficiency with the single family units featuring geothermal HVAC systems. NSP1 and NSP3 funding to the 68 completed single family units was 14% of total development costs with private leverage at 49% and other federal funding at 37%. The 39 Senior Rental units are restricted to seniors and occupied by low income tenants, it was developed utilizing a HUD 202 award which was 90% of the total development costs with NSP1 funding at 1% and private at 9%. The total cost for both single family and multi-family units include acquisition, demolition and development. Project Summary Project #, Project Title To Date Program Funds Drawdown Project Funds Budgeted Program Funds Drawdown 001, NSP Acquisition and Rehab $636, $478, , NSP Redevelop and Demolish Vacant Property $2,749, $1,164, , NSP Land Bank 004, NSP Demolish Blighted Structures $239, $238, , NSP Administration $40, $23,

4 Activities Project # / Title: 001 / NSP Acquisition and Rehab Grantee Activity Number: Activity Title: Activitiy Category: Acquisition - general Project Number: 001 Projected Start Date: 03/05/2009 Benefit Type: Direct ( HouseHold ) National Objective: NSP Only - LMMI NSP Acquisition and Rehab Activity Status: Under Way Project Title: NSP Acquisition and Rehab Projected End Date: 03/04/2013 Completed Activity Actual End Date: 03/31/2016 Responsible Organization: City of Savannah Housing Department Overall Projected Budget from All Sources Budget Obligated Funds Drawdown To Date $111, $111, $111, $111, Program Funds Drawdown $111, Program Income Drawdown $ Program Income Received Funds Expended City of Savannah Housing Department Jan 1 thru Mar 31, 2016 N/A $30, $30, $109, $142, $142, Match Contributed Activity Description: This activity will be used to purchase and rehabilitate homes and residential property that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties for households earning 120% or less of the Area Median Income. This activity will be carried out in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of residents have incomes at or below 120% of the Area Median Income. These areas have been identified as likely to face a significant rise in the rate of home foreclosures due to sub-prime lending and other conditions that affect LMMI residents. NSP funds will be used to purchase and rehabilitate homes and residential property that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties for households earning 120% or less of the Area Median Income. At least $255,000 of the $500,000 NSP funds budged for this activity will be used to acquire and rehabilitate housing that will be rented or sold to households with incomes that do not exceed 50% of Area Median Income. This allocation will go toward meeting the NSP requirement that 25% of NSP funds are used to provide housing for households with incomes that do not exceed 50% of Area Median Income. Non-profit housing organizations and private developers are expected to assist the City in carrying out this activity. 4

5 Location Description: While specific addresses have not yet been identified, all properties assisted under this activity will be located in the areas identified in the Areas of Greatest Need portion of this application. Activity Progress Narrative: One new aquisition and rehab activity was completed during the 1st Qtr of To date, two units have been completed and sold to eligible low income homeowners. The total development cost of the completed units utilized 48% NSP1/NSP3 funds and 52% private funds. The units cost outlined includes acquisition, demolition, development and homebuyer costs. Accomplishments Performance Measures # of Properties 0 # of buildings (non-residential) 0 # of Parcels acquired by 0 Cumulative Actual / Expected 1/7 0/0 0/0 # of Housing Units 1 # of Singlefamily Units 1 Cumulative Actual / Expected 2/7 2/7 Beneficiaries Performance Measures Cumulative Actual / Expected Low Mod Low Mod Low/Mod # of Households /0 1/7 3/ # of Persons /0 0/0 0/0 0 # Owner Households /0 1/7 3/ Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount 5

6 Grantee Activity Number: Activity Title: Activitiy Category: Acquisition - general Project Number: 001 Projected Start Date: 03/05/2009 Benefit Type: Direct ( HouseHold ) National Objective: NSP Only - LH - 25% Set-Aside Acquisition & Rehab- Low Income Population Activity Status: Under Way Project Title: NSP Acquisition and Rehab Projected End Date: 03/04/2013 Completed Activity Actual End Date: Responsible Organization: Overall Projected Budget from All Sources Budget Obligated Funds Drawdown $2, To Date $525, $525, $525, $525, Program Funds Drawdown $367, Program Income Drawdown $158, Program Income Received Funds Expended Jan 1 thru Mar 31, 2016 N/A $254, $525, $525, Match Contributed Activity Description: This activity will be used to purchase and rehabilitate residential property that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties for households earning 50% or less of the Area Median Income. This activity will be carried out in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of residents have incomes at or below 120% of the Area Median Income. These areas have been identified as likely to face a significant rise in the rate of home foreclosures due to sub-prime lending and other conditions that affect LMMI residents. NSP funds will be used to purchase and rehabilitate homes and residential property that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties for households earning 50% or less of the Area Median Income. City of Savannah will target Special Needs populations to meet this requirement. Special Needs populations include homeless, persons with HIV/AIDS, and other groups included in the HUD definition. Location Description: While specific addresses have not yet been identified, all properties assisted under this activity will be located in the areas identified in the Areas of Greatest Need portion of this application. Activity Progress Narrative: In the 1st QTR 2016 there was no action in this activity. To date, five units have been completed and sold to low income homebuyers. development costs funded by NSP was 78%, private funding 12% and other federal funding 10%. The unit cost includes acquisition, demolition, development and homebuyer costs. The local Habitat for Humanity developed three of the five units. 6

7 Accomplishments Performance Measures # of Properties 0 # of Parcels acquired voluntarily 0 Cumulative Actual / Expected 5/3 5/3 # of Housing Units 0 # of Multifamily Units 0 # of Singlefamily Units 0 Cumulative Actual / Expected 5/3 0/0 5/3 Beneficiaries Performance Measures Cumulative Actual / Expected Low Mod Low Mod Low/Mod # of Households /3 0/0 5/ # Owner Households /3 0/0 5/ Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount Project # / Title: 002 / NSP Redevelop and Demolish Vacant Property Grantee Activity Number: Activity Title: NSP Redevelop Demolished or Vacant Properties Activitiy Category: Rehabilitation/reconstruction of residential structures Project Number: 002 Projected Start Date: 03/05/2009 Benefit Type: Activity Status: Under Way Project Title: NSP Redevelop and Demolish Vacant Property Projected End Date: 03/04/2013 Completed Activity Actual End Date: 7

8 Direct ( HouseHold ) National Objective: NSP Only - LMMI 03/31/2016 Responsible Organization: City of Savannah Housing Department Overall Projected Budget from All Sources Budget Obligated Funds Drawdown To Date $2,572, $2,572, $2,470, $2,406, Program Funds Drawdown $1,012, Program Income Drawdown $99, $1,394, Program Income Received Funds Expended Jan 1 thru Mar 31, 2016 N/A $99, $96, $1,239, $2,503, City of Savannah Housing Department Match Contributed Activity Description: $96, $2,503, This activity will be used to acquire vacant property and develop new infill housing and/or, where feasible, to rehabilitate existing vacant housing that will then be sold and/or rented to households earning 120% or less of the Area Median Income. This activity will be carried out in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of residents have incomes at or below 120% of the Area Median Income. These areas have been identified as likely to face a significant rise in the rate of home foreclosures due to sub-prime lending and other conditions that affect LMMI residents. At least $255,000 of the $538,631 NSP funds budged for this activity will be used to provide housing to households with incomes below 50% of Area Median Income. This allocation will go toward meeting the NSP requirement that 25% of NSP funds are used to provide housing for households with incomes that do not exceed 50% of Area Median Income. Non-profit housing organizations and private developers are expected to assist the City in carrying out this activity. Location Description: While specific addresses have not yet been identified, all properties assisted under this activity will be located in the areas identified in the Areas of Greatest Need portion of this application. Activity Progress Narrative: In the 1st QTR 2016 activity 2 new dwellings broke ground and 4 units are now under construction in two neighborhoods eligible neighborhoods. To date 37 single family units have been completed and sold to eligible homebuyers. All homes constructed and sold are energy efficient and specified to EarthCraft green building standard. Homes built in Savannah Gardens include geo-thermal HVAC systems. The average NSP funding for the completed units was 26% of the total development costs with private funding at 64% and other federal funding at 10%. The unit cost outlined includes acquisition, demolition, development and homebuyer costs. Accomplishments Performance Measures # of Properties 0 Cumulative Actual / Expected 34/12 # of Housing Units 3 Cumulative Actual / Expected 37/12 8

9 # of Singlefamily Units 3 37/12 Beneficiaries Performance Measures Cumulative Actual / Expected Low Mod Low Mod Low/Mod # of Households /0 25/12 71/ # Owner Households /0 25/12 71/ Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount 9

10 Grantee Activity Number: Activity Title: Redevelop Demolish Vacant- Low Income Population Activitiy Category: Rehabilitation/reconstruction of residential structures Project Number: 002 Projected Start Date: 03/05/2009 Benefit Type: Direct ( HouseHold ) National Objective: NSP Only - LH - 25% Set-Aside Activity Status: Under Way Project Title: NSP Redevelop and Demolish Vacant Property Projected End Date: 03/04/2013 Completed Activity Actual End Date: Responsible Organization: Overall Projected Budget from All Sources Budget Obligated Funds Drawdown $1, To Date $177, $177, $177, $177, Program Funds Drawdown $152, Program Income Drawdown $24, Program Income Received Funds Expended Jan 1 thru Mar 31, 2016 N/A $28, $177, $177, Match Contributed Activity Description: This activity will be used to acquire vacant property and develop new infill housing and/or, where feasible, to rehabilitate existing vacant housing that will then be sold and/or rented to households earning 50% or less of the Area Median Income. This activity will be carried out in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of residents have incomes at or below 120% of the Area Median Income. These areas have been identified as likely to face a significant rise in the rate of home foreclosures due to sub-prime lending and other conditions that affect LMMI residents. Non-profit housing organizations and private developers are expected to assist the City in carrying out this activity. City of Savannah will target Special Needs populations to meet this requirement. Special Needs populations include homeless, persons with HIV/AIDS, and other groups included in the HUD definition. Location Description: While specific addresses have not yet been identified, all properties assisted under this activity will be located in the areas identified in the Areas of Greatest Need portion of this application. Activity Progress Narrative: In the 1st QTR 2016 there was no action in this activity and no funds were expended. To date, 2 Set-a-Side units have been completed and sold to low income homebuyers. The total development cost of the completed unit utilized 88% NSP1 funds and 12% private funds. The unit cost includes acquisition, demolition, development and homebuyer costs. The local Habitat for Humanity organization constructed these energy efficient units. 10

11 Accomplishments Performance Measures # of Properties 0 Cumulative Actual / Expected 2/1 # of Housing Units 0 # of Singlefamily Units 0 Cumulative Actual / Expected 2/1 2/1 Beneficiaries Performance Measures Cumulative Actual / Expected Low Mod Low Mod Low/Mod # of Households /1 0/0 2/ # Owner Households /1 0/0 2/ # Renter Households /0 0/0 0/0 0 Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount Project # / Title: 004 / NSP Demolish Blighted Structures Grantee Activity Number: Activity Title: Activitiy Category: Disposition Project Number: 004 Projected Start Date: 03/05/2009 Benefit Type: Area ( ) National Objective: NSP Demolition of Blighted Structures Activity Status: Under Way Project Title: NSP Demolish Blighted Structures Projected End Date: 03/04/2013 Completed Activity Actual End Date: Responsible Organization: 11

12 NSP Only - LMMI Overall Projected Budget from All Sources Budget Obligated Funds Drawdown To Date $239, $239, $239, $239, Program Funds Drawdown $238, Program Income Drawdown $ Program Income Received Jan 1 thru Mar 31, 2016 N/A Funds Expended $239, Match Contributed Activity Description: $239, The City of Savannah will use NSP funds to demolish blighted structures in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of the residents have incomes below 120% of Area Median Income. Blighted structures are those that exhibit objectively determinable signs of deterioration sufficient to constitute a threat to human health, safety and public welfare. The City of Savannah will use the International Property Maintenance Code s definition of blighted property in determining if a property is blighted. This definition is: Any structure or premises, which by reason of dilapidation, overcrowding, lack of ventilation, light or sanitary facilities, or any combination of these factors detrimental to safety, health and morals. The City of Savannah s Property Maintenance Department oversees the enforcement of the International Property Maintenance Code and will, therefore, oversee the implementation of this NSP activity. The removal of these types of blighted properties should help stabilize neighborhoods and begin to help reduce the blight, crime and disinvestment that occurs in neighborhoods. These types of blighted structures also hold down property values which makes it difficult for neighborhood residents to borrow money to invest in their properties or to sell their properties should the need arise. All properties demolished using NSP funds shall have a repayable lien placed against the title of the property. The City shall aggressively seek to recover its NSP investment using its Revenue Department to assist with this initiative. Whenever possible and where title is clear, the City shall seek to acquire the demolished property and sell it to an affordable housing developer. However, many blighted properties in need of demolition are likely to have title problems that make acquiring and/or developing the property difficult. Demolished properties that the City is able to acquire and sell, will be sold to developers who will be required to develop affordable housing that meets the long term affordability and other requirements established for the HOME program. These requirements will be enforced through various legal documents including loan agreements, promissory notes, deeds and/or other forms of deed restrictions. They will also be enforced through monitoring performed by the City of Savannah. This activity will be carried out in Census Tracts, Block Groups and/or neighborhoods in which at least 51% of residents have incomes at or below 120% of the Area Median Income. These areas have been identified as likely to face a significant rise in the rate of home foreclosures due to subprime lending and other conditions that affect LMMI residents. Location Description: While specific addresses have not yet been identified, all properties assisted under this activity will be located in the areas identified in the Areas of Greatest Need portion of this application. Activity Progress Narrative: Three units were completed or sold to eligible homebuyers during the 1st Quarter of Currently there are 4 units under construction or awaiting sale to an eligible homebuyer. To date 89 units have been built in the area where 64 WWII era substandard housing units were demolished. The new units are EarthCraft certified for energy efficiency with the single family units featuring geothermal HVAC systems. NSP1 and NSP3 funding to the 50 completed single family units is 13% of total development costs with private leverage at 62% and other federal funding at 26%. The 39 Senior Rental units are restricted to seniors and occupied by low income tenants, it was developed utilizing a HUD 202 award which was 90% of the total development costs with NSP1 funding at 1% and 12

13 private at 9%. The total cost for both single family and multi-family units include acquisition, demolition and development. Accomplishments Performance Measures # of Properties 0 Cumulative Actual / Expected 48/40 # of Housing Units 0 # of Multifamily Units 0 # of Singlefamily Units 0 Cumulative Actual / Expected 86/40 39/40 47/0 Beneficiaries Performance Measures Cumulative Actual / Expected Low Mod Low Mod Low/Mod # of Households /0 0/0 0/0 0 LMI%: Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount Project # / Title: 005 / NSP Administration Grantee Activity Number: Activity Title: Activitiy Category: Administration Project Number: 005 Projected Start Date: 03/05/ NSP Administration Activity Status: Under Way Project Title: NSP Administration Projected End Date: 03/04/

14 Benefit Type: ( ) National Objective: NSP Only - LMMI Completed Activity Actual End Date: Responsible Organization: Overall Projected Budget from All Sources Budget Obligated Funds Drawdown To Date $40, $40, $35, $34, Program Funds Drawdown $23, Program Income Drawdown $4, $10, Program Income Received Funds Expended Jan 1 thru Mar 31, 2016 N/A ($4,816.40) $4, $34, $34, Match Contributed Activity Description: General Administration activites as defined by NSP regulations. Location Description: Administration activities will take place at 2203 Abercorn Street and 6 E. Bay Street. Activity Progress Narrative: In the 1st QTR 2016 no NSP1 & NSP3 administrative funds were expended. Administrative funding in whole or in part supported a part time NSP Coordinator, Development Coordinator, Administrator and a Loan Officer, and utilizes both NSP1 and NSP3 administration funds. Accomplishments Performance Measures No Accomplishments Performance Measures Beneficiaries Performance Measures No Beneficiaries Performance Measures found. Activity Locations No Activity Locations found. Other Funding Sources Budgeted - Detail No Other Match Funding Sources Found 14

15 Other Funding Sources No Other Funding Sources Found Other Funding Sources Amount 15