NSP O NSP Open Forum pen Forum Question and Answers th 2014 June - - PowerPoint PPT Presentation

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U.S. Department of Housing and Urban Development

NSP O Forum NSP Open Forum

Question and Answers June 5 June 5

th 2014

, 2014 2:00 PM ET

Community Planning and Development

Moderators and Q & A Format Moderators and Q & A Format

• Moderators

– David Noguera, HUD David.A.Noguera@hud.gov – John Laswick HUD John A Laswick@hud gov John.A.Laswick@hud.gov John Laswick, HUD – Hunter Kurtz, HUD Hunter.Kurtz@hud.gov

• Host

Host – Kent Buhl, KB Consulting kentbuhl@gmail.com

• How t

to ask k questi tions

U.S. Department of Housing and Urban Development • Community Planning and Development

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Hot Topics

U.S. Department of Housing and Urban Development • Community Planning and Development

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DISPOSITION OF REAL PROPERTY IN NSP DISPOSITION OF REAL PROPERTY IN NSP

ACQUISITION & DISPOSITION ARE ELIGIBLE ACTIVITIES, BUT M UST ALSO M EET A NATIONAL OBJECTIVE (N.O.)

STEP 1 STEP 2 ACQUISITION DISPOSITION FOR SUBSEQUENT USE MEETS Example: Lots acquired strategically for land bank 1. Subsequent activity is NSP-eligible Allowed in NATIONAL Example: Affordable housing either case OBJECTIVE as long as GO TO STEP 2: DISPOSITION

• 2. Subsequent activity is NSP-ineligible

activity Example: LMMA health clinic meets N.O DOES NOT

• 3. Subsequent activity eligible but does not meet N.O.

MEET Example: Lot acquired for housing but nothing built Example: Housing for upper income people NATIONAL OBJECTIVE

• 4. Ineligible activity, does not meet N.O.

Example:Private golf course REIMBURSE ALL COSTS REIMBURSE ALL COSTS

REIMBURSE INELIGIBLE COSTS

Note that Disposition can occur through "Sale, Lease, Donation, or otherwise".

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DISPOSITION OF REAL PROPERTY IN NSP: Examples

Eligible Activities National Objectives Examples Eligible Activities National Objectives Examples Eligible Use B Housing LMMH/LH25 Rehabilitate multi‐family or single‐family housing Disposition for Special Economic Development

• 1. LMMJ

2 LMMA

• 1. Create in‐home day care center with new jobs
• 2. Long term lease of land for corner grocery store in

Economic Development

• 2. LMMA

target area Disposition for Ineligible activities

• 1. LMMA
• 2. LMMC
• 1. Donate to non‐profit to develop community garden
• 2. Lease building for neighborhood senior center

Housing LMMH/LH25 Rehab multi‐family or single‐family housing units Eligible Use C Disposition (as an end use) LMMA Side lot in area with comprehensive disposition Disposition for Ineligible activities LMMJ Discounted sale of property to be used for a hair salon that creates new jobs Eli ible Us D Disposition (as an end use) LMMA Sell or donate to neighbor as side lot Eligible Use D Disposition for Ineligible activities LMMA or LMMJ Donate land for local business development Housing LMMH/LH25 Construct new multi‐family or single‐family housing Public Facilities LMMC Homeless shelter Eligible Use E NSP1 Disposition for Special Econ Development LMMA or LMMJ Build a parking lot for a grocery store Disposition for Ineligible activities LMMA or LMMJ Lease to a for‐profit to develop a shopping center 5 NSP2 & NSP3 Housing Activity only LMMH/LH25 Renovate or build new multi‐family housing

8 G d HUD E Cl A

Closeo t Process Closeout Process

1 Grantee and HUD Jointly determine Grantee Ready

• 2. HUD sends Closeout Package to Grantee
• 1. Grantee and HUD Jointly determine Grantee Ready
• 4. HUD reviews package
• 3. Grantee completes package and submits to HUD
• 6. Grantee has 90 days to submit final QPR
• 5. HUD executes Closeout Certification
• 7. HUD Reviews QPR and prepares Closeout Agreement
• 8. Grantee and HUD Execute Closeout Agreement

U.S. Department of Housing and Urban Development • Community Planning and Development

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NSP Webinar Resource Links

Resources on the OneCPD Resource Exchange Search the NSP FAQs https://onecpd.info/nsp/faqs/ View All Training Materials https://onecpd.info/training‐events/courses g p // p / g / Submit a Policy Question via OneCPD Ask A Question https://onecpd.info/ask‐a‐question Request NSP Technical Assistance https://onecpd.info/technical‐assistance Request NSP Technical Assistance https://onecpd.info/technical assistance Connect with NSP // / Join the OneCPD Mailing List https://onecpd.info/mailinglist Visit the NSP Flickr Gallery http://flickr.com/photos/nspresourceexchange Visit the OneCPD YouTube Channel http://youtube.com/onecpd Search the OneCPD Resource Library https://onecpd.info/resource‐library

U.S. Department U.S. Department of Housing

• f Housing and Urban

and Urban Development Development •

• Comm

Community Planning and Development unity Planning and Development

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