CDBG-DR Small Rental Rehab Application Handbook



aPPLICATION HANDBOOKSmall Rental Rehabilitation Implementation Tool #1Description: As part of the Disaster Recovery Small Rental Rehab Program Design & Implementation Toolkit, the Application Handbook for a Small Rental Rehabilitation Program may be adapted and adopted for grantees designing programs for small-scale rental property owners, including owner-occupants of three- and four-unit buildings, small owners, mid-size owners, and IRS 501(c)(3)-designated nonprofit organizations. The Application Handbook assists these eligible applicants in applying for the program by detailing comprehensive eligibility requirements in addition to sample worksheets and a sample application. The Application Handbook details a grantee currently in their second round of funding a Small Rental Rehabilitation Program. Modification of Source Documents Provided by: State of LouisianaCaveat: This is an informational tool and/or template that should be adapted to each grantee’s specific program design.12287255133340For More InformationThis resource is part of the Disaster Recovery Small Rental Rehab Program Design and Implementation Toolkit. View all of the Disaster Recovery Toolkits here: additional information about disaster recovery programs, please see your HUD representative. 00For More InformationThis resource is part of the Disaster Recovery Small Rental Rehab Program Design and Implementation Toolkit. View all of the Disaster Recovery Toolkits here: additional information about disaster recovery programs, please see your HUD representative. This is not an official HUD document and has not been reviewed by HUD counsel. It is provided for informational purposes only. Any binding agreement should be reviewed by attorneys for the parties to the agreement and must conform to state and local laws.U.S. Department of Housing and Urban DevelopmentCommunity Planning and Development, Disaster Recovery and Special Issues DivisionAPPLICATION HANDBOOKProgram OverviewThe Small Rental Property program (the Rental program) is focused on rebuilding the stock of one- to four-unit rental properties to address the housing needs of low- to moderate-income people in the most heavily damaged areas, speeding recovery of entire neighborhoods and communities. The State will provide incentives for thousands of affordable rental housing units.The objectives of the Rental program are twofold:Provide affordable rents for working familiesEncourage redevelopment in impacted communitiesIn exchange for accepting financial incentives, property owners will be required to accept limitations on the rents they may charge and restrictions on the incomes of the tenants they select. The amount of CDBG incentive is available in three tiers based on the income level of the tenants to be served. The highest amount of incentive per unit will be made available to property owners who agree to offer the lowest rents. The incentive award is in the form of a no payment, forgivable loan at zero interest. It is awarded once the property is ready to be occupied, has been inspected by the program, and is leased to an income-eligible tenant. The loan is due only upon resale of the property or failure to comply with the agreed- upon restrictions on rents and household incomes during the specified commitment period.The Rental program will have multiple rounds of funding allowing incentives to be targeted toward communities and property owners whose properties were damaged by the hurricanes. Although the funds available through the Rental program will be insufficient to provide every small-scale property owner with an incentive to bring their rental properties back into service as affordable rental units, it will spur development of a significant number of quality, affordable rental units in the most heavily damaged areas.Funding ProcessPrior to the start of each competitive funding round, the Small Rental Property program will announce the eligibility requirements and round preferences that determine the scoring criteria for the competition. Property owners should read the material for each round in its entirety to determine if they are eligible to apply and which level of the scoring criteria their property appears to meet.The typical process for applying to a competitive round of the Rental program is as follows:Property owners complete and submit an application to the Rental program. Owners are encouraged to work with or consult a trusted financial advisor such as a local lending institution, nonprofit organization, or another individual or corporation. At the end of the application, the owner must certify that all the information provided is accurate and correct under penalty of perjury.The Program receives applications and verifies the following eligibility criteria.Damage estimate exceeds $5,000.At least one property owner was a resident at the time of the storms.Property contains one- to four-units.For owner-occupants, a property owner resided in the property as their primary residence at the date of the storms and plans to continue to reside in the property.If an exception is found through the course of the verification process, the application will be withdrawn from the round. The property owner will receive a determination letter at the close of the round.Applications submitted after the round closes will be considered late. Applications submitted without information in all required fields will be considered incomplete. Late applications and incomplete applications will not be considered in the round. Property owners who submit late and/or incomplete applications will receive a notice after the close of the round encouraging them to apply in the next round.An automated system scores and ranks the verified applications based on the priority scoring criteria established for the round. These criteria may change for each round and will be published in the Application Handbook and on the Program’s Web site.Threshold review is determined by the amount of incentive available and the amount requested by applicants in each round. A notification of the results is sent to each property owner. There are three types of notices:Notice of Denial. Applicants that do not meet the basic threshold eligibility criteria to apply for the Rental program will be mailed a notice of denial. The property owner may appeal the decision.Notice of Deferral. All properties below the scoring threshold receive a notice of deferral. This letter will indicate that although eligible for the Rental program, the application did not score well enough to meet the threshold.Notice of Conditional Award. All properties above the scoring threshold with sufficient scoring receive a Notice of Conditional Award. The letter will clearly explain that the fund reservation is the amount of incentive the property owner is eligible to receive and does not indicate an actual award amount or entitlement. The letter will also explain the next steps required by the property owner, including any additional documentation, and those conducted by The Program.The property owner will accept the Notice of Conditional Award, by returning a signed conditional award summary to The Program within 30 days of receipt of the Conditional Award.After all required documents are returned, The Program will issue a commitment letter obligating the amount of funds to be disbursed to the property owner. All construction that is necessary to comply with the building code must be completed before any award funds will be disbursed. The commitment letter will aid the property owner in securing any lender financing that may be needed to make repairs. The property owner is responsible for securing construction financing (if necessary) and overseeing completion of any outstanding repair work. The rental units must be in compliance with the building code within nine (9) months of the return of the signed loan commitment documents. If an extension is required, the property owner must contact the Rental program detailing the progress of the construction and an estimated date of completion.The property owner will notify the Rental program when construction is complete on the rental property. The Rental program will conduct a final inspection to ensure that the rental units meet building codes and the completed units contain all of the building elements that the owners agreed to provide on their application, such as energy-efficient appliances, handicapped accessibility, etc.The property owner seeks and identifies income-eligible tenants to rent the affordable units. Property owners will be required to list their completed rental properties on an identified website which enables prospective tenants and displaced residents nationwide to view available affordable units.The property owner will ask tenants to self-certify that their annual household incomes match the rent requirements of the rental unit. Owners will affirm that they received the tenant’s income certification and will submit a certification report to the Rental program.Once the final inspection, tenant income, and rent certifications are received, the state will authorize final disbursement of the incentive award.Closing is scheduled by the title company and executes all the closing documents required by the Program, establishing the compliance requirements for up to 10 years.After closing and verifying all required repairs and completed documents, the Rental program will electronically transfer the full award amount to a bank account designated by the owner and registered in the owner’s name.Program RequirementsRepair projects must meet all local, state, and federal building codes, including the State Building Code. Properties also must meet the flood elevation requirements determined by the FEMA, if applicable. Substantially flood-damaged structures must be brought up to code if the cost of repairs equals or exceeds 50 percent of the building’s appraised value before it was storm damaged. An inspection of all repaired or reconstructed properties will be conducted prior to release of the Rental program funds to ensure that these construction standards are met.All rental units that receive an incentive from the Rental program must be rented to a low- to moderate-income individual or family. Rent levels were calculated to be affordable to households at 80, 65, and 50 percent of Area Median Income (AMI). For a list of the incomes at each of these levels broken out by family size, please refer to the “Award Levels” section. Restricted rents in the Rental program will be reviewed for upward annual adjustments with the publication of new AMI tables by the federal government.The amount of rent charged to the tenant cannot exceed the amount established by the Rental program for that rent tier. Rents charged to the tenant may be calculated in one of two ways:If the property owner pays all the utilities for the rental unit, he or she may charge the tenant the gross rent listed on the chart or as published annually by the grantee. Please refer to the “Guide to Utility Allowance” section.If the tenant is required to pay any utilities for the unit, the property owner must deduct a utility allowance from the gross rent listed on the chart. Acceptable utility allowances include Section 8 utility allowances published by local or state housing authorities or amounts certified by utility companies providing service to the unit. Please refer to the “Guide to Utility Allowance” section.Property owners will screen and select their own tenants, but will have to comply with requirements of the Fair Housing Act (42 U.S.C. 3601-3620), which prohibits discrimination based on race, color, religion, sex, national origin, familial status, and disability. The Program is partnering with the State’s Department of Health and Hospitals (DHH) to help identify affordable rental properties in The State, including units that are accessible for people with disabilities. Property owners will be required to list their completed rental properties at a designated website, which enables prospective tenants and displaced residents nationwide to view available, affordable units. Once identified, tenants will provide information regarding their annual household income to qualify for the unit.The property owner will be required to submit information on the tenants and the rents for all affordable units on an annual basis to ensure continued compliance with the Incentive Payment Agreement. An Incentive Payment Agreement defines the property owner’s responsibilities for accepting an incentive from the program and will be executed by the property owner at closing. It is recorded as a lien on the property for the term of the loan.Tenants remaining in place beyond the term of their initial lease will not be required to submit income certifications in subsequent years. While property owners will never be forced to replace tenants whose incomes increase after their initial certification, all new tenants within the 10-year affordability period (20 years for nonprofits applying through the set-aside) will be required to complete an income certification.Program DetailsAm I Eligible for Round 2?Eligibility to apply in Round 2 is similar to Round 1, but there are some important changes.What requirements are the same as Round 1?Your property must be located in {insert boundaries}.Your property must have sustained damages greater than $5,000 from the disaster.At least one owner (if the property has multiple owners) must have been a resident or jurisdiction-based business at the time of the storms.Your property must have contained one- to four-dwelling units per parcel prior to the storm. Properties with more than four units were not eligible in Round 1 and are not eligible in Round 2.Single family homes that were not rental properties prior to the storms are not eligible for the Rental program. Owner- occupants of two-unit properties before the storms are eligible to apply to the Rental program in the general pool, but only if they have not received an award through Homeowner Assistance program.Owner-occupants of three- and four-unit properties continue to receive top priority in Round 2 of the program. These owners are eligible for compensation for their unit and an incentive award for each affordable rental unit.Mobile homes, which have a vehicle identification number (VIN) and/or steel undercarriage, are not eligible. Modular constructed housing that is prefabricated is eligible.Property owners qualify for the Rental program based on different types of legal ownership:?If there are co-owners of a one- to four-unit property, all of the property owners must be included in the application and closing documents.?For-profit corporations, limited liability companies, and partnerships, including general partnerships and limited partnerships, that were registered to do business in The jurisdiction on the date of the storms are all eligible owners of one- to four-unit properties.?Nonprofit organizations that had a 501(c)(3) designation from the Internal Revenue Service (IRS) and were registered to do business in The jurisdiction on the date of the storms are eligible owners of one- to four-unit properties.What’s changed from Round 1?Partially occupied properties are eligible to compete in Round 2, though most owners may only receive an incentive award for units that have been vacant since {insert date}.Small-scale property owners will continue to receive priority, but mid-size owners of up to 100 rental units at the time of the storms are now eligible. Large owners of more than 100 rental units at the time of the storms are still not eligible.Properties with multiple owners, where a member of the pre-storm ownership group sold his or her interest to the partners (i.e., other pre-storm owners of the property) are eligible to compete as small or mid-size owners as long as the remaining partners meet eligibility requirements for the round.New investors who have purchased residential rental property since the storms (property must have been rental prior to the storms) are eligible to compete in Round 2. However, pre-storm owners will have an absolute priority over new owners. Properties that have received a Compensation Award from Homeowner Assistance program are not eligible to apply to the Small Rental Property program.All properties must have access to utilities including water, sewer, and electricity.Each unit must contain an oven and stovetop in any combination, as well as a refrigerator.Incentive Award GroupsThere are three groups of funding in the Rental program:?Property Owner general pool?Owner-Occupants of three- to four–unit properties?Nonprofit 501(c)(3) organizationsProperty Owner General PoolThe Property Owner General Pool is the largest funding group. To compete for an incentive in the general pool of applicants, an owner of record must have been a jurisdiction resident or jurisdiction-based organization authorized to operate in the jurisdiction on {enter date}, for damages associated with the disaster.Differing from Round 1 of the Rental program, property owner(s) applying to Round 2 may be new investors who purchased or acquired ownership of residential rental property after the disaster. However, these owners will receive a lower preference for funding than owners who owned their property before the hurricanes.At least one property owner must have resided in the state at the date of the storms. Property owners do not have to currently reside in the state to be eligible to apply.Owner-occupants of two-unit properties (with one rental unit) before the storms are eligible to apply for an incentive from the Rental program in the general pool for the rental unit only if they have not received an award through The Program Homeowner Assistance program. These owners may receive an award for each affordable rental unit created and are not eligible for assistance for their owner-occupied unit even if they decide not to live on the property.Property owners qualify for the Rental program based on different types of legal ownership:?Individual owner or co-owners of one- to four-unit properties are eligible. However, if multiple owners are owners of record, information for all property owners must be included in the application and closing documents.?For-profit corporations; limited liability companies; and partnerships, including general partnerships and limited partnerships that were registered to do business in the jurisdiction on {enter date} are eligible property owners of one- to four-unit properties.?Nonprofit organizations that had a 501(c)(3) designation from the IRS and were registered to do business in the jurisdiction on {enter date} are eligible property owners of one- to four-unit properties.Individual owners and business entities are categorized based on the number of rental units they owned at the time of the storms. While all the property owners listed above are eligible for the Rental program, these classifications will determine whether a property owner is eligible to apply for incentives in a particular funding round and which priority they will receive.Ownership size is determined by the total number of rental units a property owner had at the time of the storm. Round 2 of the Rental program allows property owners to own up to 100 rental properties. Where there are multiple property owners, ownership size is determined by the smallest ownership size of any individual or single owner in the ownership group. If at least one owner owns 100 or fewer rental properties, the ownership group meets the ownership size program requirements. However, if no member of the group owns fewer than 100 rental properties, the group is ineligible for this round.Any single property owner may only receive an incentive for a maximum of 200 units through the Rental program (total from all rounds over the course of the program), even if they own more eligible properties that would otherwise be eligible for an incentive.Owner-Occupant ProgramOwner-Occupants of Three- and Four-Unit Properties OnlyOwners of three- and four-unit properties who occupied at least one unit of their property prior to the hurricanes are eligible to apply for special assistance through the Rental program. The program is committed to ensuring that qualified owner-occupants of three- and four-unit properties are able to restore their property to a habitable condition and return to their homes.To be eligible for the Rental program as an owner-occupant, you must have been an owner of record of a three- or four-unit property and occupied one unit as your primary residence on or before {enter date}. Businesses may also apply as owner-occupants if they meet these criteria. To be eligible as an owner-occupant, the property owner must also agree to live in a unit on the property as his/her primary address following repair or reconstruction.Rental properties meeting the following criteria are eligible for incentives from the Rental program. If the rental property does not meet all of these criteria at the time of application, the applicant is not eligible to apply as an owner- occupant in Round 2.If the property is owned by multiple individuals or a business meeting the eligibility criteria, the property owner(s) may still apply as an owner-occupant. In these situations, the property owner who intends to reside on the property may be a different individual from the property owner who lived on the property at the time of the storms.Property owners who apply to the Rental program as owner-occupants will be eligible for:?An award of up to $150,000 to compensate the owner for the damage to his/her unit. This award is calculated based on the owner unit’s pro rata share of the building. (Note: As in the Homeowner Assistance program,$150,000 is only the maximum award. Owners’ actual awards will be calculated based on the amount of damage,pre-storm value, and other factors.)?A rental incentive award for each unit designated as affordable at 80, 65, or 50 percent of AMI?An additional 15 percent owner-occupant bonus that is applied to the regular incentive award on each affordable rental unitNote on Occupied Rental Units: While owner-occupants of three- or four-unit properties with occupied rental units at the time of the application may apply to Round 2, only units that have tenants whose income meets affordability guidelines will be eligible to receive incentive awards. Please see the “Occupied Units” section.Nonprofit Owner ProgramThe Small Rental Property program seeks to make a significant amount of rental housing available to certain residents with disabilities and other residents with State-defined Special Needs.Special Needs & Supportive Housing Award BonusUnits designated for either Special Needs or Permanent Supportive Housing (PSH) must be affordable to tenants at the 50 percent of AMI rent tier. Nonprofit owners will receive an additional 15 percent bonus over and above the incentive award for offering the unit at the 50 percent of AMI tier. This option is available in both the general pool and 20-year set-aside priority groups.Nonprofit 20-Year Affordable Rents (Set-Aside)Limited to 501(c)(3) Nonprofit Organizations Applying Through the Nonprofit Set-AsideA set-aside for nonprofit organizations offering units with long-term affordability for 20 years is available to organizations meeting the following eligibility criteria:The current property owner must have an IRS 501(c)(3) designation and be registered to do business in the jurisdiction at the time of application.The nonprofit organization must agree to keep the rental units in the program at affordable rates for at least 20 years.Additional information is available for nonprofit applicants interested in providing Special Needs and PSH commitments for15 years. Property EligibilityProperties owned by small owners must meet the following criteria to be eligible for incentives from the Rental program. If your rental property does not meet the criteria below at the time of application, your property is not eligible for Round 2.?Properties containing one to four dwelling units, including single-family, duplex, triplex, and fourplex rental properties, are eligible. A dwelling unit is defined as having complete independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking, and sanitation.?Properties located in {enter location} are eligible.?Properties that sustained storm damage of at least $5,200 as confirmed by a visual inspection or third-party verification, including those provided by FEMA, an insurance company, or county estimates, are eligible.?Properties must have at least one unit that has been vacant since {enter date}.?Only vacant rental units are eligible to receive an incentive award in the general pool and 20-year set-aside. Single-family homes that were not residential rental properties prior to the storms are not eligible for the Rental program.Owner-occupants of two-unit properties, where one of which was a rental before the storms, are eligible to apply for theRental program in the general pool only if they have not received an award through the HomeownerAssistance program. These owners will receive an award for each affordable rental unit created and are not eligible for assistance for their owner-occupied unit if they decide to live on the property.Owner-occupants of three- and four-unit properties are eligible for funding from the Rental program for the homeowner unit and for each affordable rental unit they will create.Single Room Occupancy (SRO) units are not eligible; studio units that contain a full bathroom and a full kitchen are eligible. Mobile homes, including recreation vehicles and boats that have a (VIN) number and/or steel undercarriage, that wererented as dwelling units prior to the storms are not eligible.Modular constructed housing that is prefabricated is eligible.Occupied UnitsThe Small Rental Property program is designed to restore the supply of housing in areas affected by Hurricane Katrina or Rita. Consequently, the program is focused on helping owners bring vacant units back online. Except for owner-occupants of three- or four-unit properties, Round 1 was restricted to completely vacant properties. Round 2 is expanded to include partially occupied properties in order to offer their owners an opportunity to restore the remaining vacant units. However, Rental program awards will continue to be limited to vacant units that are being restored (this does not apply to owner- occupants of three- or four-unit properties). There will not be an award granted for an occupied unit. Property owners with tenants occupying the rental units SHOULD NOT evict tenants in order to apply for Rental program assistance. Removing current tenants from rental units will not make those units eligible for an award. To be eligible as a vacant unit, a unit must have been continuously vacant since November 1, 2006—well before the announcement of the Rental program. In fact, any actions on your part to displace tenants of the property may affect your eligibility to receive ANY assistance under the program.After submitting a Round 2 application to the Rental program, owners should not rent any units identified as vacant units on the application until meeting all program requirements of the commitment letter and completing the closing process. The program must verify that all units receiving awards (1) meet the Jurisdiction building code before they are leased, (2) are rented at an allowable rent to an income-eligible tenant, and (3) are rented according to federal fair housing rules. This verification cannot be accomplished if you rent your unit prior to completing your closing with the Rental program.If your application is successful through competition in Round 2, a notice similar to the example below will need to be provided to all tenants over age 18 who have occupied the property on or since November 1, 2006. This is a federal requirement.Small Rental Application Notice to TenantsDear : {Enter Date}We are submitting an application to The Small Rental Property program for the property located at .We urge you not to move at this time.If you currently reside or have resided in this property within the last ninety (90) days, you may be eligible for relocation assistance.You should continue to pay your monthly rent and comply with your lease terms and conditions since failure to do so may be cause for eviction and loss of relocation assistance. You are urged not to move or sign any agreement to purchase orlease a new unit before receiving formal notice of your possible eligibility for relocation assistance. If you move or are evicted before receiving such notice, you may not receive any assistance. Please contact us before you make any moving plans.Again, this is not a notice to move from the premises and does not establish eligibility for relocation payments or otherrelocation assistance.If the project is approved and you have to move, you may be eligible for relocation assistance. You will be given advisory services, including referrals to comparable replacement housing and at least 90 days advance written notice of the dateyou will be required to move. You will also receive a payment for moving expenses and may be eligible for financial assistance to help you rent or buy a replacement home. This letter should be retained. If you have any questions about our plans, pleasecontact us, visit , or call 1.888.ROAD.2.LA (1.888.762.3252). TTY callers use 711 relay or 1.800.846.5277.362712050863500Sincerely,Award LevelsIncentives will be made in the form of a no interest, no payment, forgivable loan enabling property owners to restore their rental units to a habitable condition and maintain affordable rent levels for up to 10 years for the general pool of owners and up to 20 years for 501(c)(3) nonprofit organizations. Once units are determined to meet Jurisdiction building codes, an award is disbursed in the form of a forgivable loan. The loan is completely forgiven over time and the proceeds may be spent at the borrower’s discretion, without restriction. The loan does not require repayment if all the conditions of the loan are met. Forgiveness of the loan will occur in staged intervals, depending on the level of affordability chosen by the applicant.Property owners may choose to rent one or more units in their property at one of the three rent tiers calculated to be affordable to households at 80, 65, and 50 percent of AMI. The lower the rent that owners agree to charge (e.g. 50 percent of AMI vs. 65 or 80 percent), the greater the incentive award they are eligible to receive.All loans (except for loans made in the nonprofit set-aside) will be forgiven over the 10-year affordability period, with at least50 percent of the loan amount forgiven at the end of the first five years. Awards for property owners who agree to maintain rents that are affordable to families at the 80 percent of AMI tier are relatively modest in size. For these loans, the first$10,000 is forgiven at the end of the third year in the program (three years from the time the first eligible tenant occupies the unit). At the end of year five, an additional $5,000 will be forgiven. The outstanding balance of the loan, if any, will then be forgiven in five equal annual installments from year six to year 10.Awards for property owners serving tenants at the 65 or 50 percent of AMI tiers are significantly higher than the 80 percent tier. These loans are more than 50 percent forgiven at the end of the fifth year from the time the first eligible tenant occupies the unit, depending on the size of the loan. The balance of the award is then forgiven in five equal annual installments.Award/Forgiveness Table New Orleans MSA0 BR (efficiency)1 BR2 BR3 BR4 BRor larger80% AMI Rent Tier$730$780$940$1,090$1,210Maximum Basic Award$15,000$16,500$16,500$20,000$20,000Forgiveness at End of Year 3$10,000$10,000$10,000$10,000$10,000Additional Forgiveness Year 5$5,000$5,000$5,000$5,000$5,000Total Forgiveness Year 5$15,000$15,000$15,000$15,000$15,000Balance at End of Year 5$0$1,500$1,500$5,000$5,000Any remaining balance is forgiven in five equal annual installments. If the maximum award isreceived, the installments are:$0$300$300$1,000$1,00065% AMI Rent Tier$600$640$770$880$990Maximum Award$23,000$23,000$26,000$45,000$47,000Forgiveness at End of Year 5$15,000$15,000$15,000$25,000$25,000Balance at End of Year 5$8,000$8,000$11,000$20,000$22,000Any remaining balance is forgiven in five equalannual installments. If the maximum award is received, the installments are:$1,600$1,600$2,200$4,000$4,40050% AMI Rent Tier$460$490$590$680$760Maximum Basic Award$42,000$42,000$47,000$69,000$72,000Forgiveness at End of Year 5$25,000$25,000$25,000$35,000$35,000Balance at End of Year 5$17,000$17,000$22,000$34,000$37,000Any remaining balance is forgiven in five equal annual installments. If the maximum award is received, the installments are:$3,400$3,400$4,400$6,800$7,400Below are the current maximum income levels by household size available for each AMI rent tier. Each year the state will provide updated income tables to qualify the income of new tenants.Year1-person2-person3-person4-person5-person6-person7-person8-person50%65%80%Mixed-Income BonusA 15 percent mixed-income bonus incentive award is available to property owners choosing to rent at least one unit on a property at unrestricted market rents and at least one unit at the restricted rents established by the Rental program.Mixed-income properties will receive awards based on the rent levels of the affordable units in the property and then receive an additional 15 percent bonus. The award amount is calculated only on the affordable unit(s). For example, an owner of a three-unit property who chooses to make one unit affordable and two units at market rate, will be eligible for 115 percent of the regular award for one unit (due to the bonus), but will still receive a significantly lower award than an owner who is providing two or more affordable units.Owner-Occupant BonusA 15 percent owner-occupant bonus incentive award is available to property owners choosing to live with their tenants with at least one unit at the restricted rents established by the program. This bonus is only available to owner-occupants of three and four-unit properties. Owner-occupants of two-unit properties are not eligible to receive this bonus.Owner-occupant properties will receive awards based on the rent levels of the affordable units in the property and then receive an additional 15 percent bonus. The award amount is calculated only on the affordable units.Maximum AwardThe maximum award amount selected cannot exceed the estimated amount of the cost to repair or rebuild the property on a per-unit basis. Please review the “Choosing Your Award” section of this handbook for details.Scoring CriteriaThe Program will use scoring criteria to select which applications will receive incentives in each round. Property owners will respond to scoring questions that have points assigned to them. The application is given a score based on the responses to these questions. Priority is given based on the owner type. The Rental program has prioritized owner types in the following order.1.Owner-occupants of three- and four-unit buildings2.Small owners – property owners who own 20 or fewer units3.Mid-size owners – property owners who own 21 to 100 units4.New investors – owners who purchased or acquired ownership of the property after the stormsPlease refer to the “Scoring Criteria Worksheet” in this handbook for assistance with the points associated with each question.Choosing Your AwardsThe Small Rental Property program offers owners a choice of award amounts. This is an important decision, and we want to help make this choice as easy for you to understand as possible. All owners should consider two main factors: (1) the level of rents they are prepared to accept and (2) the amount of funds they need to cover the cost of repairing/rebuilding their units.In general, the award table offers those owners who choose to provide lower rents with the highest awards. However, the award charts only show the maximum amounts available. As explained on the Award Calculation Worksheet, the actual award that an owner may receive through the program is set at the lesser of:?The amount chosen from the award tables, including any bonus amounts, or?100 percent of the estimated cost to repair or reconstruct the rental propertyAs a result, owners who choose one of the higher awards must have suffered a significant amount of damage and be willing to keep their rents low. In contrast, if your building needed only a few repairs, you will only be eligible for a smaller award and would probably want to choose a higher rent level.To assist you, here is an example that shows how choosing different rents might impact your award options.Case #1. A duplex with three-bedroom rental units has a total of $80,000 in repair needs. The owner would like to rent his units to tenants in the mid-range tier (those making 65 percent of AMI or less). At that level, the owner would be eligible for a maximum award of $45,000 per unit, or $90,000 total. Since the total cost to repair the property is less than the maximum award, he will receive a final award of $80,000, the lesser of the two.If the same owner wanted to serve tenants at the highest income tier (80 percent of AMI), the award calculation would change. The owner would be able to charge a significantly higher rent each month, but would only be eligible to receive a maximum award of $20,000 per unit, or a total of $40,000. This could leave the owner with some repair costs unpaid, which he might need to finance through some other source.210185195707000Award Calculation WorksheetThis worksheet is provided to help you apply for the Rental program. It may not necessarily indicate the amount of award you will receive, and should be used as an estimate of the total award. The program is unable to supply you with estimates for this information; please be prepared by bringing estimates with you when meeting with a Rental program representative. We encourage you to bring this worksheet and any supporting documentation to a financial planner, bank, or other individual who can provide you financial advice.Site Work (utility lines, landscaping, etc.) $ Demolition $ Repair/Reconstruction Costs $ Lead Abatement $ Soft Costs:Architectural/Engineering (drawings, specifications, if applicable) $ Financing Costs (construction interest, appraisal, origination fees) $ Survey$ Legal Costs (attorney fees, notary fees, etc.) $ Title Insurance $ Building Permit $ Other Soft Costs $ Consultant Fee (if applicable)$ Relocation (if applicable)$ Contingency (to pay for unexpected costs; not greater than 10 percent) $ Other Development Costs: $ Cost to Repair/Reconstruct Subtotal $ (A)Forgivable Loan Award $ Bonus Award for Mixed Income (if applicable) $ Bonus Award for Special Needs (if applicable) $ Maximum Award Total $ (B)Small Business Administration Funds$ For Repair/Reconstruction (if owner-occupant of 3 or 4 units)FEMA Funds for Repair/Reconstruction (if owner-occupant of 3 or 4 units) $ Insurance Proceeds for Repair/Reconstruction (if owner-occupant of 3 or 4 units) $ Permanent Loan to Be Obtained From Lender $ Total Other Funds $ (C)Financial Gap (owner's funds, equity, etc.)$ Calculated as A-B-C = Financial GapGuide to Utility AllowanceTo keep housing affordable for low- to moderate-income households, the Program asks you to consider a utility allowance when selecting affordable rent levels on your application.What is a utility allowance?The utility allowance is designed to help your tenants cover some of the cost of their utilities if you are not providing these utilities for them. If you intend to pay utilities for your tenants, there is no utility allowance subtracted from the monthly rentlisted in the award tables. If, however, you ask your tenant to pay for any of the services themselves, you must subtract anallowance from the amount of monthly rent shown in the tables. A utility allowance is used in most federal housing programs and helps to ensure that owners who take on the financial responsibility for tenants’ utility charges are able to receive ahigher rent than owners who do not. Whether you choose to use an allowance for utilities or pay for the services yourselfgenerally depends on your preference.Which utilities are included in this allowance?The utilities for which an allowance is provided to tenants include electricity, natural gas, water, sewer, and trash collection. If you plan to ask a tenant to pay any of these costs in addition to their rent, a utility allowance is required. The decision touse a utility allowance will never affect the competitiveness of your application or your chances of receiving funding in anyround. You do not need to indicate this decision on the application. However, you will need to make this decision before you offer your unit for rent. As a result, it is a good idea for you to begin now to consider whether you will use the utilityallowance or cover the cost of all utilities yourself.How to figure out your potential utility allowanceBecause the amount of utility consumption tends to vary due to the characteristics of your rental unit, including the location and size, the Program has developed a set of monthly allowances for property owners to use. The chart below provides the amount of allowance you may use based on your property’s characteristics.0 BR1 BR2 BR3 BR4 BRJurisdiction A$50$75$85$100$125Jurisdiction B$50$50$60$70$80How was the allowance determined?The utility allowance is designed to provide those tenants who must pay their own utilities with some compensation in the form of a lower monthly rent. Utility costs are generally higher for larger units and in areas where the rates are higher.Consequently, the allowance for tenants in these units is higher. The utility allowance is also designed to assist owners byensuring that adequate rental income is maintained to keep up the rental property. Utility costs have recently risen significantly and a higher allowance for tenants would result in lower rents for your building; this could jeopardize your ability to deliver quality housing. This schedule attempts to distribute the cost of utilities in an even-handed manner.Will the allowance change?The Program will publish current allowances each year. These allowances will be calculated as described above and will only change if there are significant increases or decreases in the utility rates being charged.AppendixAppendix A. Operating Income and Expense WorksheetThis worksheet is provided to help you prepare to apply for the Small Rental Property program. It should be used as a tool to help you estimate the amount of income you will receive from rents listed in the award tables. A Rental program representative will not be able to provide you with this information, but will be able to help you complete the calculations on the worksheet. We encourage you to bring this worksheet and any supporting documentation to a financial planner, bank, or other individual who can provide you financial advice.438785-161290001. Property IncomeGross Rents$ Less Utility Allowance$ Maximum Allowable Rent$ Less vacancy @10 percent$ Subtotal Gross Income$ 2. Operating ExpensesProperty Management$ (6 percent of gross income)Utilities$ Maintenance$ Insurance$ Taxes (state, parish)$ Reserve for Replacement$ 3. Mortgage Payment CalculationGross Income$ Less Operating Expenses$ Net Income$ Income for Mortgage Payment$ 0.9 * net income from above$ (*90 percent of net income is usually the maximum allowed by most lenders to apply for a mortgage.)4. Maximum Mortgage CalculationTotal Loan Amount$ Proposed Interest Rate$ Term of Mortgage$ Monthly Payment$ Maximum Supportable Mortgage$ Appendix B. Scoring Criteria Worksheet43878572453500This worksheet is provided to help you apply for the Rental program. Please do not submit this worksheet with your application. The table below contains three columns. If the criteria describe you, your rental property, or your plans for repair or reconstruction, enter the number in the Total Points column into the Your Points column. When you are finished, add the total number of points you may be eligible to receive.Italicized criteria will be verified by The Program, and not included on the application as individual scoring questions.YourPointsTotalPointsScoring Criteria20Property is located in a designated priority residential redevelopment area as referenced in a locally approved design plan. 10Property is listed on the National Register of Historic Places. (Calculated by applicant responses)20Property creates a mixed-income building with at least one market-rate rental unit and one affordablerental unit. (Calculated by applicant responses)51. Property is located within two (2) miles of at least three (3) the following amenities:elementary school, hospital/doctor’s office, recreational facility, place of worship, fire station, postoffice, grocery or convenience store, childcare services, public transportation, public library, bank/credit union152. Property owner is not applying through the nonprofit set-aside and agrees to a ten (10)-year term ofaffordability, with the entire loan forgiven at the end of 10 years.(Only for general pool applicants; nonprofit set-aside cannot receive these points)103. At least one property owner receives greater than thirty (30) percent of his/her annual income from rental revenue.54. Property received at least one bid from a Jurisdiction-licensed contractor or registered home improvement contractor prior to the date of application.105. Property will be built with any three (3) of the following hazard mitigation measures: stronger exterior doors, bracing on garage doors, tying down or anchoring of propane and heating fuel tanks, elevationof washers and dryers, elevation of furnaces and water heaters, elevation of electrical panels and air conditioning units, window protection, hurricane straps or clips, walls bolted to the foundation, or backflow valves.56. Property has received a building permit prior to the date of application.17. All affordable units will contain a garbage disposal.18. All affordable units will contain a tankless water heater that serves each rental unit separately.69. All affordable units will contain an ENERGY STAR? efficient refrigerator.210. All affordable units will contain a conventional dishwasher.611. All affordable units will contain an ENERGY STAR? efficient dishwasher.212. All affordable units will contain a washer/dryer hook-up.613. All affordable units will contain an ENERGY STAR? efficient clothes washer.214. All affordable units will contain a clothes dryer.315. All affordable units will contain ceiling fans in all sleeping and living rooms.416. All affordable units will contain conventional central heating and air conditioning systems.817. All affordable units will contain energy-efficient central heating and air conditioning systems of atleast 14 SEER or 95 percent AFUE.1018. All affordable units will be built to one of the following nationally recognized green buildingstandards: National Association of Home (NAHB) Builders Silver or Gold standards, Leadership in Energy and Environmental Design (LEED) standards, or Green Communities standards. This criterion will require the owner to have a certified construction consultant document the building’s compliance with the selected standards.519. All affordable units will be built in excess of the following kitchen dimensions:1-bedroom units with 6 lineal feet of cabinetry and 100 total square feet (SF)2-bedroom units with 10 lineal feet of cabinetry and 120 total SF3-bedroom units with 14 lineal feet of cabinetry and 160 total SF4 or more bedroom units with 22 lineal feet of cabinetry and 180 total SF520. All affordable units will be built in excess of the following total unit dimensions:600 SF for studios, 720 SF for 1-bedroom units, 960 SF for 2-bedroom units, 1,080 SF for 3-bedroom units, 1,440 SF for 4 or more bedroom units521. All affordable units will be built to visitability standards, which include at least one no-step entrance,doors and hallways wide enough for a wheelchair to navigate, and at least one handicapped- accessible bathroom located on the first floor of the unit.(Applicants may not receive points for both Universal Design and visitability standards.)1022. All affordable units will be built to Universal Design standards that include visitability standards and the following requirements: installing a sidelight for the main entrance door, ensuring that all main floorinterior doors have 32–36 inches of clear passage space, ensuring there are no changes in interior floor levels, providing 42-inch-wide hallways, creating bathrooms with sinks that have clear floor spaceof 30 x 48 inches in front, and bathing facilities that are accessible to disabled tenants. (Applicants may not receive points for both Universal Design and visitability standards.)176TOTALThe next four scoring criteria are For Applicants to the Nonprofit Set-Aside ONLY:*Applicants may not select more than one of the scoring questions marked with an asterisk.101.NP. The property owner is a nonprofit organization applying through the set-aside and owned theproperty at the time of the storms.102.NP. The property owner is a nonprofit organization applying through the set-aside and agrees to offer at least 50 percent of the property at initial occupancy to occupants identified with special needs. Unitsare required to be affordable at the 50 percent of AMI rent level.* (Calculated by applicant responses)203.NP. The property owner is a nonprofit organization applying through the set-aside and agrees tomake a 15-year commitment to offering at least 50 percent of the property for PSH occupants referred by the state, with wraparound services funded through the Jurisdiction Supportive Services Program and project-based rental assistance. Units are required to be affordable at the 50 percent of AMI rent level.* (Calculated by applicant responses)304.NP. The property owner is a nonprofit organization applying through the set-aside and agrees tomake a 15-year commitment to providing at least 50 percent of the property for PSH occupants referred by the state, with wraparound services funded through the Jurisdiction Supportive Services Program and rent subsidies funded by the property owner. Units are required to be affordable at the 50 percent of AMI rent level.* (Calculated by applicant responses)246TOTALAppendix C. Sample Rental Property Owner ApplicationThe information collected below will be used to determine whether you qualify for the Small Rental Property program. It will not be disclosed other than to the jurisdiction or its agents without your consent except for verification of information or as required and permitted by law.3346459779000All fields marked with an asterisk (*) must be accurately completed. Incomplete and/or late applications will not be considered in Round2. You should only submit one application for each rental property and print legibly in blue or black ink. Completing an online application is the fastest way to submit an application and assure completion.If you have questions about the information requested in this application, or need assistance completing it, call 1.888.762.3252. TTY callers use 711 relay or 1.800.846.5277. Reasonable accommodation such as alternative application formats may also be requested by calling these numbers. You may also view an online application assistance guide at rental.Mail your application to: Courier/hand deliver your application to: Road Home Rental Applications Road Home Rental Applications PO Box 4729 7850 Anselmo LaneBaton Rouge, LA 70821 Baton Rouge, LA 70810Your answers to the following questions will be used to determine your eligibility for Round 2 of the Small Rental Property program.*1. Is the property located in Acadia, Calcasieu, Cameron, Iberia, Jefferson, Orleans, Plaquemines,St. Bernard, St. Tammany, Tangipahoa, Terrebonne, Vermilion or Washington Parish? Yes No*2. Did the property sustain damages of at least $5,200 from Hurricane Katrina or Rita?YesNo*3. Did the property contain between one and four dwelling units prior to the storm?YesNo*4. Was at least one property owner a resident or Jurisdiction-based business or nonprofitat the time of the storms?YesNo*5. Did at least one property owner own 100 or fewer rental units at the time of the storms?YesNo*6. Was this a residential rental property at the date of the storms?YesNoPRIMARY CONTACT INFORMATIONPrefix: Mrs. Mr. Ms. Dr.*First Name Middle Name *Last NameJOHN DOESuffix: Esq. II III IV Jr. Sr. MD Ph.D.*Current Address111 FIRST AVENUE*Mailing Address Same as current address*City NEW ORLEANS *City*State LOUISIANA *State*Zip Code 70000 *Zip Code*Parish (if in Louisiana) ORLEANS *Parish (if in Louisiana)*Daytime Telephone/TTY: (504) 555-5555 *Evening Telephone/TTY: (504) 444-4444Email Address: johndoe@Owner InformationOwner #14413253975100031540453175000382651085725004594860857250054876708572500* How many total rental units does this owner own? 1 to 20 21 to 100 101 to 200 201+*Owner Entity Type: Individual Owner Co-Owner Partnership Corporation Nonprofit Organization*First Name Middle Name *Last NamePrefix: Mrs. Mr. Ms. Dr.JOHN DOESuffix: Esq. II III IV Jr. Sr. MD Ph.D.*Current Address111 FIRST AVENUE*Mailing Address Same as current address*City NEW ORLEANS *City*State LOUISIANA *State*Parish (if in Louisiana) ORLEANS *Parish (if in Louisiana)*Daytime Telephone/TTY: (504) 555-5555 *Evening Telephone/TTY: (504) 444-4444*Social Security No.2 2 2 – 2 2 – 2 2 2 2*Date of Birth (mm/dd/yyyy)01/ 01/1955Marital StatusMarried Unmarried Legally SeparatedEmail Address: johndoe@FOR INDIVIDUAL OWNERS & CO-OWNERS ONLYThe Program is required to request demographic information for purposes of reporting to the federal government. You are not required to provide this information, but are encouraged to do so.Gender: Male Female Household Size: _3__ Ethnicity: Hispanic/Latino Non-Hispanic/LatinoRace: American Indian/Alaska Native Black/African American and White American Indian/Alaska Native and White Native Hawaiian/Other Pacific Islander American Indian/Alaska Native/Black-African American Other/MultiracialAsian WhiteAsian and White I choose not to provide this information.FOR BUSINESS ENTITIES ONLY*Organization Name Name ContinuationEntity Type: Corporation General Partner Limited Partnership Individual Joint VentureLocal Government Nonprofit Organization Other Publicly OwnedSole ProprietorMinority Business Enterprise Women’s Business Enterprise*Federal Tax ID# *Louisiana Tax ID#*Current Address *Mailing Address Same as current address*City *City*State *State*Zip Code *Zip Code*Parish (if in Louisiana) *Parish (if in Louisiana)Owner #231540453429000382651088265004594860882650054876708826500* How many total rental units does this owner own? 1 to 20 21 to 100 101 to 200 201+*Owner Entity Type: Individual Owner Co-Owner Partnership Corporation Nonprofit Organization87376013271500137604515621000179959015621000224155015621000*First Name Middle Name *Last NamePrefix: Mrs. Mr. Ms. Dr.JANE DOESuffix: Esq. II III IV Jr. Sr. MD Ph.D.*Current Address111 FIRST AVENUE*Mailing Address Same as current address*City NEW ORLEANS *City*State LOUISIANA *State*Parish (if in Louisiana) ORLEANS *Parish (if in Louisiana)*Daytime Telephone/TTY: (504) 555-5554 Evening Telephone/TTY: ( ) __________________*Social Security No.3 3 3 – 3 3 – 3 3 3 3*Date of Birth (mm/dd/yyyy)12/25/1955Marital StatusMarried Unmarried Legally Separated44132599060000Email Address: janedoe@FOR INDIVIDUAL OWNERS & CO-OWNERS ONLYThe program is required to request demographic information for purposes of reporting to the federal government. You are not required to provide this information, but are encouraged to do so.Gender: Male Female Household Size: __3__ Ethnicity: Hispanic/Latino Non-Hispanic/LatinoRace: American Indian/Alaska Native Black/African American and White American Indian/Alaska Native and White Native Hawaiian/Other Pacific Islander American Indian/Alaska Native/Black-African American Other/MultiracialAsian WhiteAsian and White I choose not to provide this information.FOR BUSINESS ENTITIES ONLY*Organization Name Name ContinuationEntity Type: Corporation General Partner Limited Partnership Individual Joint VentureLocal Government Nonprofit Organization Other Publicly OwnedSole ProprietorMinority Business Enterprise Women’s Business Enterprise*Federal Tax ID# *Louisiana Tax ID#*Current Address *Mailing Address Same as current address*City *City*State *State*Zip Code *Zip Code*Parish (if in Louisiana) *Parish (if in Louisiana)Owner #337909503429000317754088265004594860882650054876708826500* How many total rental units does this owner own? 1 to 20 21 to 100 101 to 200 201+*Owner Entity Type: Individual Owner Co-Owner Partnership Corporation Nonprofit Organization*First Name Middle Name *Last NamePrefix: Mrs. Mr. Ms. Dr.Suffix: Esq. II III IV Jr. Sr. MD Ph.D.*Current Address *Mailing Address Same as current address*City *City*State *State*Parish (if in Louisiana) *Parish (if in Louisiana)*Daytime Telephone/TTY: () __________________Evening Telephone/TTY: () __________________*Social Security No.*Date of Birth (mm/dd/yyyy)Marital StatusMarriedUnmarried Legally SeparatedEmail Address:FOR INDIVIDUAL OWNERS & CO-OWNERS ONLYThe program is required to request demographic information for purposes of reporting to the federal government. You are not required to provide this information, but are encouraged to do so.Gender: Male Female Household Size: _____ Ethnicity: Hispanic/Latino Non-Hispanic/LatinoRace: American Indian/Alaska Native Black/African American and White American Indian/Alaska Native and White Native Hawaiian/Other Pacific Islander American Indian/Alaska Native/Black-African American Other/ MultiracialAsian WhiteAsian and White I choose not to provide this information.FOR BUSINESS ENTITIES ONLY*Organization Name MISSING PERSONS, INC Name ContinuationEntity Type: Corporation General Partner Limited Partnership Individual Joint VentureLocal Government Nonprofit Organization Other Publicly OwnedSole ProprietorMinority Business Enterprise Women’s Business Enterprise*Federal Tax ID# 77-7777777 *Louisiana Tax ID# 77-7777777*Current Address112 FIRST AVENUE*Mailing Address Same as current address441325106680000*City NEW ORLEANS *City*State LOUISIANA *State*Zip Code 70000 *Zip Code*Parish (if in Louisiana) ORLEANS *Parish (if in Louisiana)441325103949500Owner #431775408826500381444588265004579620882650054756058826500* How many total rental units does this owner own? 1 to 20 21 to 100 101 to 200 201+*Owner Entity Type: Individual Owner Co-Owner Partnership Corporation Nonprofit Organization89789015621000137604515621000179959015621000224155015621000*First Name Middle Name *Last NamePrefix: Mrs. Mr. Ms. Dr.Suffix: Esq. II III IV Jr. Sr. MD Ph.D.*Current Address *Mailing Address Same as current address*City *City*State *State*Parish (if in Louisiana) *Parish (if in Louisiana)*Daytime Telephone/TTY: () __________________Evening Telephone/TTY: () __________________*Social Security No.*Date of Birth (mm/dd/yyyy)Marital StatusMarriedUnmarried Legally SeparatedEmail Address:FOR INDIVIDUAL OWNERS & CO-OWNERS ONLYThe program is required to request demographic information for purposes of reporting to the federal government. You are not required to provide this information, but are encouraged to do so.Gender: Male Female Household Size: _____ Ethnicity: Hispanic/Latino Non-Hispanic/LatinoRace: American Indian/Alaska Native Black/African American and White American Indian/Alaska Native and White Native Hawaiian/Other Pacific Islander American Indian/Alaska Native/Black-African American Other/MultiracialAsian WhiteAsian and White I choose not to provide this information.FOR BUSINESS ENTITIES ONLY*Organization Name Name ContinuationEntity Type: Corporation General Partner Limited Partnership Individual Joint VentureLocal Government Nonprofit Organization Other Publicly OwnedSole ProprietorMinority Business Enterprise Women’s Business Enterprise*Federal Tax ID# *Louisiana Tax ID#*Current Address *Mailing Address Same as current address*City *City*State *State*Zip Code *Zip Code*Parish (if in Louisiana) *Parish (if in Louisiana)***If your property is owned by more individual owners, please copy this sheet and provide information on all additional owners. Otherwise, please continue to the Rental Property Information section.Rental Property InformationPrimary Property Address (as listed with the Parish Assessor’s Office)*House Number*227*Street Name*FIRSTStreet Direction *Street Type* (e.g. Ave, St, Blvd)AVENUE*City NEW ORLEANS *State LOUISIANA *Zip Code 70000*Parish ORLEANS Parish Tax Parcel NumberReimbursement for storm-related loss on real estateSBA # 1234567890 SBA Amount $1,300.00FEMA# 987654321 FEMA Amount $2,500.00Insurance Policy NumberAC783400Insurance Provider NameSAFETYNET INSURANCEInsurance Compensation Amount$30,000.00Questions about the PropertyFor the following requested information, estimated dates are acceptable.*Year Built1970*Date of Purchase (mm/dd/yyyy)02/02/1999*Date of Most Recent Appraisal05/01/2007*Estimated Cost of Construction$90,000*Estimated Construction Start Date06/01/2006*Estimated Construction Completion Date07/31/2007450215127952500*Estimate Percentage of Construction Complete: 0-24% 25-49% 50-74% 75-99% 100%*1. Are there any outstanding real estate taxes, loans, liens, or judgmentsagainst the property?YesNoDon’t Know*2. Do you have title insurance?YesNoDon’t Know*3. Is the property located in a floodplain?YesNoDon’t Know*4. Is the property in a local historic district or a nominated or designatedlandmark?YesNoDon’t Know*5. Is the property in a National Register District or a National RegisterEligible District? Yes No Don’t Know*6. Have you purchased the property since Hurricane Katrina or Rita? Yes No*7. Has a certificate of occupancy or certificate of substantial completionbeen issued by the local authority for this property? Yes NoIf YES, date issued: 05/01/2007(mm/dd/yyyy)PROPERTY CHARACTERISTICS BEFORE REPAIR5647055-169545003223260-146050004000500-146050004786630-14605000Unit #1Building Type Before Repairs: 1 Unit 2 Units 3 Units 4 Units*House Number 227 *Street Name SESAMEStreet Direction *Street Type*Number of Bedrooms0 – Efficiency1 – One Bedroom2 – Two BedroomsSTREET*Unit NumberA*Occupancy Type3 – Three Bedrooms4 – Four or More BedroomsBusiness Owner Tenant*Has the unit been occupied by a tenant at any time since November 1, 2006? No YesIf YES, provide information for all tenants over the age of 18 who occupied this unit.TENANT #1 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #2 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move Out Date (mm/dd/yyyy)TENANT #3 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #4 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$44894514960600043243555753000*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)If there are more than four tenants over the age of 18 who have occupied the unit since November 1, 2006, please attach additional sheets and provide all required tenant information.Unit #2*House Number 227 *Street Name SESAMEStreet Direction *Street TypeSTREET*Unit NumberB*Number of Bedrooms0 – Efficiency1 – One Bedroom2 – Two Bedrooms3 – Three Bedrooms4 – Four or More Bedrooms*Occupancy TypeBusiness Owner Tenant*Has the unit been occupied by a tenant at any time since November 1, 2006? No YesIf YES, provide information for all tenants over the age of 18 who occupied this unit.TENANT #1 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #2 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #3 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #4 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$448945113347500*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)If there are more than four tenants over the age of 18 who have occupied the unit since November 1, 2006, please attach additional sheets and provide all required tenant information.Unit #3*House Number 227 *Street Name SESAMEStreet Direction *Street TypeSTREET*Unit NumberD*Number of Bedrooms0 – Efficiency1 – One Bedroom2 – Two Bedrooms3 – Three Bedrooms4 – Four or More Bedrooms*Occupancy TypeBusiness Owner Tenant*Has the unit been occupied by a tenant at any time since November 1, 2006? No YesIf YES, provide information for all tenants over the age of 18 who occupied this unit.TENANT #1 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income05/02/2007 JOHN SMITH $30,000*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Mailing Address (including City, State and Zip) *Move Out Date (mm/dd/yyyy)TENANT #2 *Move In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$0.00*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Mailing Address (including City, State and Zip)1400 LAGOON DRIVE NEW ORLEANS, LA 70000*Move-Out Date (mm/dd/yyyy)05/02/ 2007TENANT #3 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #4 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)448945-757745500If there are more than four tenants over the age of 18 who have occupied the unit since November 1, 2006, please attach additional sheets and provide all required tenant information.Unit #4*House Number 227 *Street Name SESAMEStreet Direction *Street TypeSTREET*Unit NumberD*Number of Bedrooms0 – Efficiency1 – One Bedroom2 – Two Bedrooms3 – Three Bedrooms4 – Four or More Bedrooms*Occupancy TypeBusiness Owner Tenant*Has the unit been occupied by a tenant at any time since November 1, 2006? No YesIf YES, provide information for all tenants over the age of 18 who occupied this unit.TENANT #1 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income04/01/2007 WILLIAM WHITE $40,000.00*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Mailing Address (including City, State and Zip)5757 W. 25TH AVENUE NEW YORK, NY 10000*Move-Out Date (mm/dd/yyyy)TENANT #2 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Mailing Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #3 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)TENANT #4 *Move-In Date(mm/dd/yyyy)*First Name *Last Name Estimated TenantAnnual Income$44894576771500*Is this unit currently occupied by this tenant? Yes No If NO, provide tenant’s current address below*Tenant’s Current Address (including City, State and Zip) *Move-Out Date (mm/dd/yyyy)If there are more than four tenants over the age of 18 who have occupied the unit since November 1, 2006, please attach additional sheets and provide all required tenant information.Property Characteristics After RepairThe following section asks questions about your plans for renting units after repair or reconstruction of the rental property. Your answers to the following questions will determine the maximum amount of award you are eligible to receive for this property.45021539560500Unit #1Check here if this unit will not be rebuilt.*House Number227*Street NameSESAMEStreet Direction *Street TypeSTREET*Unit NumberB*Number of Bedrooms*0 – Efficiency 1 – One Bedroom 2 – Two Bedrooms 3 – Three Bedrooms 4 – Four or More Bedrooms*Occupancy TypeOwner Market-Rate TenantBusiness Affordable Tenant****Affordable Rent Tier(for affordable tenant units only)80% AMI Tier 65% AMI Tier 50% AMI TierUnit #2Check here if this unit will not be rebuilt.Check here if this unit is a new unit that did not exist prior to the storms.*House Number227*Street NameSESAMEStreet Direction *Street TypeSTREET*Unit NumberB*Number of Bedrooms*0 – Efficiency 1 – One Bedroom 2 – Two Bedrooms 3 – Three Bedrooms 4 – Four or More Bedrooms*Occupancy TypeOwner Market-Rate TenantBusiness Affordable Tenant****Affordable Rent Tier(for affordable tenant units only)80% AMI Tier 65% AMI Tier 50% AMI TierUnit #327571703238500Check here if this unit will not be rebuilt.41897301587500Check here if this unit is a new unit that did not exist prior to the storms.*House Number227*Street NameSESAMEStreet Direction *Street TypeSTREET*Unit NumberC*Number of Bedrooms*0 – Efficiency 1 – One Bedroom 2 – Two Bedrooms 3 – Three Bedrooms 4 – Four or More Bedrooms*Occupancy TypeOwner Market-Rate TenantBusiness Affordable Tenant****Affordable Rent Tier(for affordable tenant units only)80% AMI Tier 65% AMI Tier 50% AMI TierUnit #4Check here if this unit will not be rebuilt.Check here if this unit is a new unit that did not exist prior to the storms.*House Number227*Street NameSESAMEStreet Direction *Street TypeSTREET*Unit NumberD*Number of Bedrooms*0 – Efficiency 1 – One Bedroom 2 – Two Bedrooms 3 – Three Bedrooms 4 – Four or More Bedrooms450215124904500*Occupancy TypeOwner Market-Rate TenantBusiness Affordable Tenant****Affordable Rent Tier(for affordable tenant units only)80% AMI Tier 65% AMI Tier 50% AMI TierNonprofit Organizations OnlyNonprofit organizations may choose to participate in the general pool or the special funding set-aside. Nonprofit organizations that do not wish to participate in the nonprofit set-aside are still eligible to provide Special Needs housing or PSH. Please answer YES or NO to questions 1–3 and provide all requested information in the table below.6788156731000*1. Would you like to participate in a special funding set-aside for nonprofit organizationsthat requires a 20-year commitment to offering affordable rental units? Yes No***If NO, SKIP questions 2 and 3 and continue to the table below if you wish to offerSpecial Needs or PSH units.*2. If yes, did the nonprofit organization applying through the set-aside own the propertyat the time of the storms? Yes No*3. Do you agree to make a 15-year commitment to offer at least 50 percent of the property forPSH occupants referred by the state, with wraparound services funded through the LouisianaSupportive Services Program? Yes NoIf YES, please indicate which units will be PSH.By choosing this option, units must be at the 50 percent of AMI affordable rent tier.*HouseNumber*UnitNumberSpecial Needs/Permanent SupportiveHousingAdditional Rent Subsidy for PermanentSupportive Housing( ONLY if answered YES to Question 3)Special NeedsFunded by OwnerPermanent Supportive HousingState Project-Based Rental AssistanceSpecial NeedsPermanent Supportive HousingFunded by OwnerState Project-Based Rental AssistanceSpecial NeedsFunded by OwnerPermanent Supportive HousingState Project-Based Rental AssistanceSpecial NeedsFunded by OwnerPermanent Supportive HousingState Project-Based Rental AssistancePriority Scoring Criteria45021583629500The following criteria were developed by the jurisdiction for use in Round 2 of the Small Rental Property program. These criteria will be used to score your application. Please respond YES or NO to each question by checking the appropriate box. ONLY check the statements that apply to this rental property, property owner(s), or to your repair or reconstruction plans.1. Yes No Property is located within two (2) miles of at least three (3) the following amenities: elementary school, hospital/doctor’s office, recreational facility, place of worship, fire station, post office, grocery or convenience store, childcare services, public transportation, public library, bank/credit union.2. Yes No The property owner is not applying through the nonprofit set-aside and agrees to a ten (10)-year term of affordability, with the entire loan forgiven at the end of 10 years.3. Yes No At least one property owner receives greater than thirty (30) percent of their annual income from rental revenue.4. Yes No Property has received at least one bid from licensed contractor or registered home improvement contractor prior to date of application.5. Yes No Property will be built with at least three (3) of following hazard mitigation measures: stronger exterior doors, bracing on garage doors, tying down or anchoring of propane and heating fuel tanks, elevation of washers and dryers, elevation of furnaces and water heaters, elevation of electrical panels and air conditioning units, window protection, hurricane straps or clips, walls bolted to the foundation, or backflow valves.6. Yes No Property has received a building permit prior to date of application.7. Yes No All affordable units will contain a garbage disposal.8. Yes No All affordable units will contain a tankless water heater that serves each rental unit separately.9. Yes No All affordable units will contain an ENERGY STAR? efficient refrigerator.10. Yes No All affordable units will contain a conventional dishwasher.11. Yes No All affordable units will contain an ENERGY STAR? efficient dishwasher.12. Yes No All affordable units will contain a washer/dryer hook-up.13. Yes No All affordable units will contain an ENERGY STAR efficient clothes washer.14. Yes No All affordable units will contain a clothes dryer.15. Yes No All affordable units will contain ceiling fans in all sleeping and living rooms.16. Yes No All affordable units will contain conventional central heating and air conditioning systems.17. Yes No All affordable units will contain energy efficient central heating and air conditioning systems not less than a rating of 14 SEER or 95 percent AFUE.45021556324500PRIORITY SCORING CRITERIA18. Yes No All affordable units will be built to one of the following nationally recognized green building standards: National Association of Home Builders Silver or Gold standards, Leadership in Energy and Environmental Design standards, or Green Communities standards. This criterion will require the owner to have a certified construction consultant document the building’s compliance with the selected standards.19. Yes No All affordable units will be built in excess of the following kitchen dimensions:1-bedroom units with 6 lineal feet of cabinetry and 100 total square feet (SF)2-bedroom units with 10 lineal feet of cabinetry and 120 total SF3-bedroom units with 14 lineal feet of cabinetry and 160 total SF4-or more bedroom units with 22 lineal feet of cabinetry and 180 total SF20. Yes No All affordable units will be built in excess of the following total unit dimensions:600 square feet (SF) for studios, 720 SF for 1-bedroom units, 960 SF for 2-bedroom units, 1,080SF for 3-bedroom units, 1,440 SF for 4 or more bedroom units21. Yes No All affordable units will be built to visitability standards, which include at least one no-step entrance, doors and hallways wide enough for a wheelchair to navigate, and at least one handicapped-accessible bathroom located on the first floor of the unit.22. Yes No All affordable units will be built to Universal Design standards, which include visitability standards and the following requirements: installing a sidelight for the main entrance door, ensuring that all main floorinterior doors have 32–36 inch of clear passage space, ensuring there are no changes in interior floor levels, providing 42-inch-wide hallways, creating bathrooms with sinks that have clear floor space of 30 x48 inches in front, and bathing facilities that are accessible to disabled tenants. You cannot receive points for both Universal Design and visitability standards.4292608921750043878581089500The undersigned agrees and acknowledges that the information provided in this application is true and correct as of the date set forth opposite my signature and that any intentional or negligent misrepresentation of the information contained in this application may result in Civil Liability, including monetary damages, to any person who may suffer any loss due to reliance upon any misrepresentation that I have made on this application, and/or in criminal penalties including, but not limited to, fine, imprisonment or both under the provision of Title 18 United States Code Section 1001.I certify that a Small Rental Application Notice has been provided to all persons who have occupied this property sinceNovember 1, 2006.I further certify that, to the best of my knowledge and belief, all the information on and attached to this application is true, correct, complete, and provided in good faith. I understand that false or fraudulent information on, or attached to, this application may be grounds for not making a loan and may be punishable by a fine and/or imprisonment. I understand that any information I give may be investigated. (Louisiana Criminal Code: R.S. 14:67, Theft; R.S. 14:67, Identity Theft; and/or R.S. 14:72, Forgery)Print Applicant Name: _________JOHN DOE___________Applicant Signature: ________J O H N D O E __________ Date: ___________________Equal Housing OpportunityWe Do Business in Accordance With the Fair Housing Act(The Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988)IT IS ILLEGAL TO DISCRIMINATE AGAINST ANY PERSON BECAUSE OF RACE, COLOR, RELIGION, SEX, DISABILITY, FAMILIAL STATUS (HAVING ONE OR MORE CHILDREN), OR NATIONAL ORIGIN.Anyone who feels he or she has been discriminated against should send a complaint to: U.S. Department of Housing and Urban Development, Assistant Secretary for Fair Housing and Equal Opportunity, Washington, DC 20410. ................
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