Jack Peters, Director Office of Community Planning and Development 206-220-5268 [e-mail]

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Jack Peters, DirectorOffice of Community
Planning and Development206-220-5268Jack.Peters_at_
hud.gov
HUD PERSPECTIVES FOR TACOMA-PIERCE COUNTY
AFFORDABLE HOUSING CONSORTIUM
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EMERGING HUD THEMES

• 1. Promoting Energy Efficiency Creating Green
  Jobs
• Public Housing Capital Fund (4.0 billion)
• Native American Housing Block Grants (510
  million)
• Assisted Housing Energy Green Retrofit program
  (250 million)
• Lead Hazard Reduction/Healthy Homes (100
  million)
• 2. Unlocking the Credit Markets Supporting
  Shovel-Ready Projects
• Tax Credit Assistance Program (2.25 billion)
• Project Based Rental Assistance (2.0 billion)
• 3. Mitigating the Effects of Foreclosures
  Preventing Community Decline
• Neighborhood Stabilization Program (NSP 2 - 2
  billion)
• Homelessness Prevention Rapid Re-Housing
  (HPRP - 1.5 billion)
• Community Development Block Grant (CDBG-R -
  1.0 billion)

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2009 Omnibus Budget

• Formula
• CDBG
• HOME
• ESG
• HOPWA

• Competitive
• C of C
• BEDI
• RHED
• Veterans Demonstration Program

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WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations WA-FY09 Allocations
KEY CNSRT STA NAME CDBG FY2009 HOME FY2009 ESG FY2009 HOPWA FY2009
530036 WA ANACORTES 106,244 0 0 0
530054 WA AUBURN 406,767 0 0 0
530084 WA BELLEVUE 718,802 0 0 0
530090 WA BELLINGHAM 848,249 686,091 0 0
530132 WA BREMERTON 573,461 0 0 0
530480 WA EVERETT 928,507 0 0 0
530514 WA FEDERAL WAY 723,114 0 0 0
530720 WA KENNEWICK 570,671 0 0 0
530726 WA KENT CITY 787,009 0 0 0
530795 WA LAKEWOOD 641,090 0 0 0
530840 53C506 WA LONGVIEW 366,663 385,358 0 0
531020 WA MOUNT VERNON 324,132 0 0 0
531134 WA OLYMPIA 391,409 0 0 0
531188 WA PASCO 612,640 0 0 0
531302 WA RENTON CITY 463,647 0 0 0
531314 53C402 WA RICHLAND 270,067 686,489 0 0
531392 WA SEATTLE 12,045,069 4,615,512 535,274 1,705,852
531420 WA SHORELINE 348,040 0 0 0
531488 WA SPOKANE 3,789,268 1,709,348 167,707 0
531554 53C806 WA TACOMA 2,909,249 2,037,360 126,803 0
531668 WA VANCOUVER 1,346,802 887,926 0 0
531728 WA WENATCHEE 336,614 0 0 0
531830 WA YAKIMA 1,185,457 682,410 0 0
539011 WA CLARK COUNTY 1,358,351 581,999 0 0
539033 53C127 WA KING COUNTY 4,510,392 4,444,900 199,793 0
539035 53C505 WA KITSAP COUNTY 1,149,885 1,060,921 0 0
539053 WA PIERCE COUNTY 2,992,892 1,520,625 131,286 0
539061 53C128 WA SNOHOMISH COUNTY 3,085,889 2,282,489 135,368 0
539063 WA SPOKANE COUNTY 1,545,572 818,774 0 0
539999 WA WASHINGTON STATE PROGRAM 15,479,447 11,401,291 1,378,357 671,553
53C143 53C143 WA CNSRT-THURSTON COUNTY 0 916,069 0 0
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Consolidated Plan Communities
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Additional Funding Mechanisms

• Section 108 Loan Guarantee
• Brownfields Economic Development Initiative
  (BEDI)
• CDBG Float Loans

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Housing and Economic Recovery Act (HERA) July,
2008

• Neighborhood Stabilization Program (NSP)
• 2 billion
• States, local governments and non-profits
• Combat the effects of home foreclosures
• Targeted to areas of greatest need

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NSP in Washington
Activity Housing Units of housing units Amount Total Amount
Funding Mechanism 173 42 10,643,473 38
Purchase and rehab 157 38 10,852,874 39
Remove Blight 54 13 630,365 2
Redevelop vacant property 28 7 2,388,344 8
Administration 2,700,238 10
Total 412 100 27,215,294 97
State Allocation 28,159,290 100
Difference 943,996 3
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Neighborhood Stabilization Program (NSP)

• Washington State Department of Community, Trade
  and Economic Development
• billm_at_cted.wa.gov

• Washington State 28,159,293

• Aberdeen
• Centralia
• Clark County
• Everett
• Federal Way
• Hoquiam
• Kelso
• Kent
• King County
• Kitsap County
• Lacey
• Lakewood 626,793
• Moses Lake
• Pasco

• Pierce County 4,692,761
• Seattle
• Snohomish County
• Spokane
• Spokane County
• Sunnyside
• Tacoma 3,083,548
• Toppenish
• Vancouver Walla Walla
• Wapato
• Yakima
• Yelm

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American Recovery and Reinvestment Act of 2009
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HUD Implementation of the Recovery Act

• 13.61 billion for HUD projects and programs

PROGRAM FUNDING DUE DATE
Neighborhood Stabilization Program NSP-2 1.09 billion nationally Competitive application July 17, 2009
Homelessness Prevention 24.4 million Washington State 1.26 million Snohomish County May 18, 2009
Community Development Block Grants 16 million Washington State 249,826 Everett 825,818 Snohomish County June 5 for entitlements June 29 for state
Tax Credit Assistance Program 43 million to Washington State Housing Finance Commission TBD
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Community Development Block Grant -Recovery
(CDBG-R)

• 1 billion allocated by formula to FY2008
  entitlements and states only
• 16 million total in WA
• Priority on economic development, infrastructure,
  and housing that will result in economic
  investment, increase energy efficiency, and
  create or retain jobs
• Deadlines for substantial amendments are June 5
  for entitlements and June 29 for state
• All activities will be posted on HUD website
• All funds must be expended by Sept. 30, 2012

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CDBG-R

• Tacoma 772,715
• Pierce County - 800,889
• Lakewood - 172,544

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CDBG-R Priorities

• Preserving and creating jobs and promoting
  economic recovery
• Assisting those persons most impacted by the
  recession
• Providing investment needed to increase economic
  efficiency
• Investing in transportation, environmental
  protection, or other infrastructure that will
  provide long-term economic benefits,
• Minimizing or avoiding reductions in essential
  services, or
• Fostering energy independence

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CDBG-R Issues

• Davis-Bacon Thresholds
• Higher Davis Bacon Wage Rates
• Recreation/Parks - Prudent Policy

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Homelessness Prevention and Rapid Re-Housing
Program (HPRP)

• 1.5 billion nationwide
• 24.4 million in WA (based on ESG formula)
• Provides temporary financial assistance and/or
  services as a bridge to long-term housing
  stability
• Level of funding equals HUDs entire annual
  homeless budget and adds targeted and essential
  resources
• Transformative change re-orients homeless
  planning efforts focus on housing stability
• http//hudhre.info/HPRP

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HPRP Grantees











Grantee Allocation Amount
Washington State 11,126,387
Clark County 559,180
King County 1,863,675
Pierce County 1,224,641
Seattle 4,993,052
Snohomish County 1,262,714
Spokane 1,564,373
Spokane County 622,278
Tacoma 1,182,824
Total 24,399,124
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Tax Credit Assistance Program

• 2.25 billion nationwide
• Allocation based on HOME formula
• 43 million awarded to Washington State Housing
  Finance Commission
• Accelerate the production and preservation of
  affordable housing
• All funds must be expended by Feb. 2012

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Organizational Capacity

• Fact based assessment of needs
• Clear strategies to address the needs with the
  activities being assisted
• Involve citizens Transparency
• Ensure coordination
• Assessment and performance measurement
  (accountability and oversight)
• Financial capacity
• Internal controls
• Mix funding sources
• Bridge the gap between project development and
  project management