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Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental
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Page 1: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

HomeownerHomebuyer

Non-Profit OperatingCHDO Operating

Rental

Page 2: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

Homebuyer (downpayment, downpayment w/ rehab., purchase-rehab-resale, new construction, etc.)

Non-Profit Operating CHDO Operating CDBG: Owner-Occupied Rehab. Rental (new construction, acquisition and/or

rehab.)

Page 3: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

2012 Application Guidelines

Page 4: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

Annual CycleOptional Pre- Application: March 9, 2012Optional Full Application: April 6, 2012Homebuyer, Operating, Rental Applications: May 4, 2012CDBG OOROptional Pre- Application: May 31, 2012Optional Full Application: June 29, 2012Owner-Occupied Rehab Applications: July 27, 2012

All deadlines: received by 5:00 PM CT to the Lincoln Office

Page 5: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

• I. Demonstrates Desired Resultsa) Meets Department Prioritiesb) Reasonablenessc) Community & Economic Development Planning Efforts

• II. Probability of Producing Desired Resultsa) Level of Readiness to Proceedb) Demonstrated Capacity & Cost Effectiveness

Page 6: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

$5,250,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle.

After the highest scoring project in each investment zone has been designated, the remaining funds will be available statewide.

Page 7: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.

$5,250,000 (including NAHTF & HOME funds) will be available within DED’s Annual Cycle.

In addition to the $5,250,000, there is $450,000 of HOME funds available in the annual cycle.

After the highest scoring project in each investment zone has been designated, the remaining funds will be available statewide.

Page 8: Homeowner Homebuyer Non-Profit Operating CHDO Operating Rental.