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HomeMy WebLinkAboutResolution - 2005-R0283 - Approve HOME Funding - CHRB Operations Program - 06_23_2005Resolution No. 2005-RO283 June 23, 2005 Item 64 RESOLUTION IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock does hereby approve of the proposal for the Community Housing Resource Board Operations Program from the Home Investment Partnerships (HOME) Program and all related documents. Said proposal is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. I (Passed by the City Council this 23rd day of -1 Ju* , 2005. MAYOR .TTEST: Garza, City Secretary ancy Haney AS TO CONTENT: FORM: Attorney :s/res-Community Housing Resource Board Operations Prog-HOME.res 15, 2005 Page 2 FY 2005-2006 Funding Request To submit �n application, complete Part A — J, Attachments 1-4 (if applicable) and any other items requested. Do not bind the application or include any items that are not requested. Submit one proposal per project. Submit one original and one copy of each application (SINGLE SIDE ONLY) to Community Development, 1625 13th Street, PO Box 2000, Lubbock, Texas 79457 by April 1, 2005 5:00 PM. Please review the "Citizen's Guide" for the Community Development programs, goals, requirements and timelines. For assistance, please call the Community Development Department at 775-2301. A. GENERAL INFORMATION 1. NameofApplicant: Community Housing Resource Board of Lubbock [INot-For-Profit ❑ For -Profit 0 CHDO []CityDept ❑ Other (Please include a copy of your IRS ruling providing tax exempt status under Section 501(c)(3) of the 1986 IRS Code if you are a non-profit) 2. Name of Project: C H DO X 3. Area or Location of Project: City of Lubbock — Prioritizing Targeted Areas 4. ContactPerson/Title: Maggie Trejo, Executive Director MailingAddress/Zip: 1628 Main Street, Lubbock, TX 79401 Telephone/Fax Number(s): 806 7 6 3— 3 8 7 7/ 806 76 3— 3 88 3 5. Grant Request: ❑ CDBG ❑ ESG ® HOME 6. Amount of Funds Requested for Project: $ 5 0 , 0 0 0 7. Amount of Matching Funds for Project:. Not Required Match Type: ❑ Cash ❑ Sweat Equity ❑ Other Grants ❑ Donations Identify Source of Match: N/A Match Status: ❑Confirmed ❑ Requested N/A 8. Unduplicated Units Served (agency's definition 0 0 + (a) Total CD Funds Requested_ S 5 0, 000 d) Total Project 515 0, 000 (b) Total Unduplicated Units Served 200 1 e) Total Unduplicated Units Served 200 (c) Average CD Cost Per Unit (a/b): $ 2 50 9. Is this project? ❑Year 1 ❑ Year 2 f) Average Cost Per Unit (d/e): $ 7 5 0.0 0 ❑ Year 3 ® Year 4 Page 3 B. PROPOSED PROJECT: Project Description: In two sentences concisely describe your project. This description will be used in future publications should your application be approved. Limit two sentences CHRB is a State and City certified CHDO that provides decent and affordable rental housing for those in the 50% - 60% of median income and enables fiamiilies in the SM or below of area median income to become homeowners. The operating fiords requested will enhance CHRB's ability to administer the new construction, lease/purclus-, and rental housing programs to help the above -described fi ndlies achieve their goals C. CONSOLIDATED PLAN GOAL Check the ONE GOAL that best describes your project. Check One Prioritized Objective from Consolidated Plan H-1 Owners -Rehab 77Ho7useholdWs: Number of Units This Project Will Serve H-2 Owners -Limited Rehab useholds: H-3 Owners -Assistance for Home Buyers Economic Development Households: CD-1 Rehab of Publicly/Privately Owned Businesses # of Low -Mod Business Owners: CD-2 ED-Direct Assistance to For -Profit # of Jobs Created: CD-3 Micro -Enterprise Assistance # of Low -Mod Business Owners: Infrastructure CD-4 Street Improvements # of Low -Mod Households: CD-5 Sidewalks # of Low -Mod Households: Public Service N/A CD-6 Handicapped Services for Job Training # of People Served: N/A CD-7 Handicapped Services for Recreation # of People Served: N/A CD-8 Substance Abuse Services for Rehabilitation # of People Served: N/A CD-9 Substance Abuse Services for Shelter # of People Served: N/A CD-10 Substance Abuse Services for Training # of People Served: N/A CD-11 Employment Training for Computer Skills # of People Served: N/A CD-12 Employment Training for Job Readiness # of People Served: N/A CD-13 Employment Training for Reading Skills # of People Served: N/A CD-14 Health Services for Children # of People Served: N/A CD-15 Mental Health Facilities for Operations # of People Served: D. PROPOSED PROJECT 1. Project Summary Community Housing Resource Board of Lubbock (CHRB) has several programs underway that serve the HOME designated population, the low to moderate -income individuals in targeted areas. Therefore, operating expense funds are needed to enhance its ability to carry out the management of an eight -unit apartment complex, management of six -unit elderly complex; administer the lease/purchase programs, new construction projects, and manage the construction of housing for the handicapped. CHRB is a non-profit 501(C)(3), State and City certified Community Housing Development Organization (CHDO) that has been in operation since 1985. In 1993, it redirected its mission to make homeownership accessible to the low to moderate -income individuals of the City of Lubbock and the South Plains region by being creative in designing programs that could accomplish said mission. The apartment complex is a project that takes a lot of time to manage. For example, before apartments are leased, applications are taken, criminal and credit checks are conducted and finally, Lease Agreements are executed. Inspections are regularly scheduled and there are always maintenance issues that need to be addressed. CHRB also collects the rent and maintains all records that are required by HUD and the City of Lubbock's Community Development Department. In the Lease/Purchase program, houses are identified, pre-environmentals and historicals are performed, and relocation issues are addressed before contracts are drawn up to buy the properties. Once the properties are bought, lead -base paint inspections and abatements write-ups are prepared to determine how much rehabilitation the houses need. The write-ups are then bid out. After the bids come in, CHRB selects the lowest or best bids. Contracts are drawn for the rehab work that usually takes about 90 days to complete. Inspections are periodically done on the work and draw -downs are done at 50% complete, 100% complete, but paid 40% with 10% held for 30 days after completion. While rehabilitation is underway, families are pre -qualified to occupy the properties. Once properties are occupied, rent and is collected, houses are maintained and insurance premiums are paid. After 6 months to two years, when families have saved for the down payment and closing costs or they have repaired or reduced their credit, houses are sold to the families. As an incentive for families ' to complete the program, CHRB provides up to $2,500.00 as down payment and closing assistance. In the New Construction program, steps taken to acquire the lots and the bid procedures are similar to the Lease/Purchase project. The construction of new houses takes approximately 3 months to 4-6 months to complete. Selection of prospective owners is done while the houses are being built. A sales contract is drawn and the families select the financial institution of their choice for the permanent financing of their houses. After that, the normal closing procedures take place. In regard to the elderly housing, tenants submit application for occupancy, tenants are approved, a lease agreement is executed and, rent is collected dwellings and yard is maintained. Records on all the above must be kept on the activities that take place for the period of affordability or whatever HUD needs as documentation. This is accomplished with a two full- time staff. With the funds requested, CHRB will concentrate on the new corridor areas, which the City has identified. D. PROPOSED PROJECT 2. Goals and Objectives: Community Housing Resource Board of Lubbock's (CHRB) goals and objectives are: 1. Provide new affordable housing in targeted areas for families in the 80% of median income or less. 2. Provide rehabilitated and affordable housing in targeted areas to the low to moderate - income families who would otherwise be unable to purchase a house due to credit flaws and/or lack of funds for down payment and closing costs. 3. Provide new rental housing for the low-income elderly in targeted areas. 4. Provide rental housing for families in the 50-60% of median income. 5. Provide individual homebuyer counseling to participants. 6. Approximately 200 individuals will benefit from the above yearly. D. PROPOSED PROJECT 3. Activity Measures to Reach Goals and Objectives and Timeline for Each Activity Measure ACTIVITY TIMELINE Administer HOME Lease/Purchase Programs Ongoing Five houses will be acquired Five Rehabilitate houses Qualify families for houses Counsel families on budget and credit while leasing properties Maintain properties while leased Twelve houses have sold Administer HOME New Construction Program Ongoing Ten houses have been completed Nine houses have sold Four lots have been acquired to build five new homes Construct new homes when others are sold Administer HOME Rental Program Ongoing Rent 8 units at 1010-1012 Ave. R Maintain HOME rents through affordability period (15 years) Collect rent Manage apartments Maintain property Administer HOME Elderly Housing Programs Ongoing Rent 6 units at 2618-2622 Auburn Maintain HOME rents through affordability period (15 years) Collect rent Manage apartments Maintain property Administer HOME Handicapped Housing Program Ongoing Begin Construction on duplexes for handicapped Complete construction Complete landscaping Collect rent Manage property Maintain property D. PROPOSED PROJECT 4. Evaluation: Community Housing Resource Board of Lubbock (CHRB) will evaluate the projects by maintaining records that will: 1. Describe each activity undertaken. 2. Demonstrate that each activity undertaken meets the eligible activities under the HOME program. 3. Document the acquisition, improvement, use or disposition of real property. 4. Document compliance with the fair housing and equal opportunity components the HOME program. 5. Keep financial records as required by HUD and compliance with HUD regulations. 6. Document that projects meets the requirements of period of affordability. 7. Demonstrate client eligibility for services provided. E. PROGRAM INCOME 1. Anticipated Program Income and Return of Investment to Grantor The anticipated project income for a year will be as follows: None The Return of Investment to the City is as follows: This project does not require a Return of Investment to the City. Page 6 1. Please list applicant's anticipated expenditures, detailing requested funds and applicant's matching Raids. Please place C=Cash, S=Sweat Equity, O=Otber Grants, D=Donations beside each amount under "Applicant's Match" to denote the type of match being used. M ADiNM41STRATION: - Personnel # 2 $26,645 Payron Taxes 3,690 EnV10yee Benefits Office supplies 2,200 xtl-4it.ies/Tel 4,300 -Iriszurance 4,500 Me bershi 500 Travo;l//,Trainin 2,125 Professional Service 2,000 .Audit . `r 4,000 Other: PROGRAM: Acquisition Reconstruction Rehabilitation Installation Demolifion T ech. Asst. Direct Assistance Rental of Space Rental of Professional Services for Clients Other: Professional services Construction TOTALS $50,000 H. APPLICANT INFORMATION 1. Capacity of Organization Community Housing Resource Board of Lubbock (CHRB) is an established organization committed to helping the low to moderate -income population in the City of Lubbock and the South Plains region. CHRB's mission is to make homeownership accessible to the low to moderate income individuals of targeted areas and provide affordable rental for those unable to purchase a home. It keeps its programs and activities focused on the needs of the said targeted group. It enjoys success with its programs in making homeownership a reality and maintaining its operations fiscally sound. CHRB is a 501 (C) (3) non-profit organization established in 1985. Initially, it was funded by the U.S. Department of Housing and Urban Development (HUD) as an agency whose mission was to hear and file housing discrimination complaints. Since 1993, CHRB redirected its service to housing programs funded by the City, State and Federal Government as well as private foundations. In 1994 it was certified as a Community Housing Development Organization (CHDO) by the Texas Department of Housing and Community Affairs and also by the City of Lubbock. Today it enjoys partnerships with local financial institutions in an effort to create accessible housing for the low to moderate income individuals by offering lower interest rates and less stringent methods of financing, thereby making it easier to secure a loan. CHRB has successfully implemented and continues to implement unique housing programs. The } Lease/Purchase program is one that gives families in the low to moderate -income range, the opportunity to become homeowners. To date, it has acquired thirty houses, rehabilitated twenty- six of them, four are being written up for rehabilitation, seven are leased to prospective homeowners and twelve have been sold. Families are pre -qualified before they occupy the houses. This program is designed to help those that have credit problems that can be fixed, too much credit that must be reduced, not enough job stability or no funds for down payment and closing costs. As an incentive for participants to complete the program, CHRB provides down payment and closing costs assistance in an amount up to $2,500.00 depending on how long they lease the property. CHRB is in the process of purchasing an additional five houses or more that will be, rehabilitated, and occupied in the very near future. An eight -unit apartment complex was acquired with HOME funds and with a loan in 1995 and in 1997 it was completely rehabilitated with HOME funds. Individuals must be in the 50% - 60% of area median income to qualify for these apartments. CHRB manages and maintains the complex. In the New Construction Program, ten houses have been completed, nine have sold, and four lots have been acquired in order to build more new houses. All houses have been or will be built in targeted areas as designated by the City Council. Other programs administered in the past by CHRB were the Down Payment and Closing Cost } Direct Assistance Program in which 40 families achieved homeownership, the Emergency Shelter Grant Program (2 years of funding), HUD Mortgage Counseling Program (2 years of funding), and the Slaton Rehabilitation Program for the elderly (9 houses @ $25,000 each.) CHRB was funded for affordable handicapped accessibility housing. Construction will begin in the near future. Management and maintenance will be similar to the Elderly Housing program. As of fiscal year ending September 30, 2004, CHRB had $2,006,206 in assets, $36,415 in liabilities, and $2,042,621 in fund balance. During the same fiscal period, CHRB had $282,351 in grant support, and $68,384 in other revenue for a total of $350,735 in total support and revenue. For 2004-2005, CHRB's expected operations budget is $150,000, which will cover personnel, utilities, and general operation expenses. There are two positions allocated. The agency also contracts with a grant writer, Paul Watson, and a Rehab Specialist, Wally McNeil, Raul Alvarado with Century Small Business Solutions, and receives assistance from board members, community individuals, and Texas Tech University Small Business Development Center (SBDC). Williams, Rogers, Lewis Company, PC, a certified public accountants firm, conducts an annual independent audit in accordance with generally accepted auditing standards and government auditing standards. The audit is comprehensive and covers financial, internal control, and compliance report sections. K STAFFING 2. Staffing: CHRB is governed by a seven -member Board of Directors with diverse backgrounds in terms of gender, race, city residency, and profession. CHRB utilizes personnel and professionals in accomplishing the work of the office including hiring personnel, training, clerical work, recording and data entry, submitting grant funding requests and administering contracts. CHRB currently has an executive director, and a bookkeeper. Additionally, CHRB utilizes the services of Raul Alvarado with Century Small Business Solutions, a business consultant specializing in accounting and bookkeeping, a grant writer, Paul Watson, and Wally McNeil, a Rehab Specialist, who prepares the rehab write-ups and bids and does inspections on all on -going projects. Maggie Trejo was hired by Community Housing Resource Board (CHRB) in January, 1995 as a Housing Specialist. In October, 1996 she assumed the post of Executive Director. Mrs. Trejo has been successful in acquiring community development funding, has built 10 new homes and is working on building others. In addition, Mrs. Trejo has rehabilitated twenty-one existing homes, an 8-unit apartment complex and a 6-unit complex for the elderly and is currently working on constructing a 4-unit complex for the handicapped. She has received extensive training from the Neighborhood Reinvestment Training Institute, Community Revitalization Training Center, Texas Department of Housing and Community Affairs and The Development Training Institute, in topics such as Raising Operating Funds, Managing New Construction, HUD CHDO Texas Project Development Program, Advance Project Development Program., Design and Specification for Rehab Specialists, How to Finance Affordable Housing, and other related training. Mrs. Trejo earned a Bachelor of Business Administration (Management) from Texas Tech in 1979. She is a licensed real estate broker and certified Homebuyer Education trainer. Executive Director - Job responsibilities: Administer projects and programs. Adhere to and interpret all federal HUD regulations. Prepare annual budgets and funding request proposals. Supervise personnel, construction, and rehabilitation projects including: New Construction, Lease/Purchase Programs, Rental Housing, Management of Apartments and Execute Real Estate Contracts. Qualifications: Education and experience equivalent to Bachelors degree in business administration, public administration, or a close related field. Experience of increasingly responsible administrative and management experience involved in the development, planning, funding, implementation, and operation of housing programs. Communication skills. Examine, verify, and analyze financial information, reports and statements. Have knowledge of research procedures and techniques. Work effectively with people from a variety of social, economic, and racial backgrounds. Bookkeeper - Job responsibilities: Perform general office duties: schedule appointments, provide general program information, type letters, reports, etc., greet the public, accept rent payments, prepare statements and receipts, and file. Inspect rental housing and lease purchase properties, prepare list of repairs for maintenance man, conduct credit and criminal checks for prospective rental housing applicants and prospective homeowners. Pay monthly bills, keep general ledger for petty cash funds, and compile expenses that are on going and turn in for reimbursement, with the guidance of the director. Qualifications: Operate a variety of office equipment. Attend workshops and classes to improve skills. H. REPORTING CAPABILITIES 3. Reporting Capabilities: Community Housing Resource Board of Lubbock (CHRB) utilizes the following methods in reporting its activities and finances on a daily, monthly and yearly basis: 1. Uniform HUD forms to report the project set-ups and close outs. 2. Provide financial reports to private foundations. 3. QuickBooks Pro software for normal accounting activities and reporting performed in-house by the bookkeeper supervised by the Executive Director. 4. Annual audit performed by a certified public accounting firm. I. GOVERNING BODY PROFILE l . Method of Selection of Officers and Board Directors and Time and Place of Regular Meetings One-third of Community Housing Resource Board of Lubbock's (CHRB) directors are elected every year for a three-year term at the annual meeting which date is determined by a majority of the Board of Directors. Individuals with housing interest in the community are encouraged by present Board members to become Board members. One-third of the Directors are representative of the low-income neighborhoods and the rest are community people with different professional expertise. The Directors on the first meeting following the annual meeting elect officers for a one-year term. Regular meetings are held every two months on the third Monday of the month at 6:00 p.m. at Smith Temple, 6508 Ave. P, Lubbock, TX. The Executive Committee, which consists of the President, Vice President, and the Secretary -Treasurer, meets as often as needed. Page 8 J. Conflict Of Interest Federal law (24CFR570.611) prohibits persons who exercise or who have exercised any fimctions or responsibilities with respect to the above grants... or who are in a position to participate in a decision making process or to gain inside information with regard to such activities, may obtain a financial interest or benefit from an assisted activity... either for themselves or those with whom they have family or business ties, during their tenure or for one year thereafter. 1. Is there any member of the applicant's stall; member of the applicant's Board of Directors, or officer who currently is or has/have been within one year of the date of this application a City employee, a member of the Community Development & Services Board, or a member of the City Council? ❑ Yes M No If yes, please list names: Will the funds requested by the applicant be used to pay the salaries of any of the applicant's staff or award a subcontract to any individual who is or has been within one year of the date of this application a City employee, a member of the Community Development & Services Board, or a member of the City Council? ❑ Yes ® No If yes, please list names: 3. Is there any member of the applicant's staff, member(s) of the Board of Directors, or officer(s) who are business partners or immediate family of a City employee, a member of the Community Development & Services Board, or a member of the City Council? ❑ Yes If yes, please list names: (0 No If any member of the Community Development Services Board has a conflict, they may not participate in the sub -committee interview or discussions, nor vote during the recommendation. The applicant certifies to the best of his/her knowledge and belief that the data in this application is true and correct and that the governing body of the applicant has duly authorized the filing of the application and that the applicant will comply with all the requirements of each grant respectively if the application is approved. Please include: 1) the minutes of the board meeting at which this item was authorized, and 2) who is authorized to sign the application and/or contracts. Name: D A. Smith Signature: Title: Board Chairperson Date: March 21, 2005 Name: Maggie T r e j o Signature• Title: Director Date: March 21, 2005 Page 13 HOME Investment Partnership Program Certification of Governmental .Assistance Date: March 21, 2005 ATTACHMENT 4 Funding Year. 2005 —2006 Applicant: Community Housing Resource Board of Lubbock Project Address: City —Wide and Targeted Areas Amount of Home Funds Requested: $50 , 000 Number of Units: 200+ Please list any governmental assistance, that is now provided or will be provided in the future on this project, and attach supporting documentation. Governmental assistance includes any loan, grant (including Community Development Block Grant), guarantee, insurance, payment, rebate, subsidy, credit, tax benefit or any other form of direct or indirect assistance from the Federal, State or local government for use in, or in connection with the project listed above. Source of Assistance None Amount of Assistance j Eligible Time Period I Maggie Tre j o hereby certify that the information contained in this document is true and accurate. .� xecutive Director Signature and March 21, 2005 Date BEFORE me, the undersigned, a Notary Public in and for the said County and State personally appeared - Maggie Trejo of Community Housing Resource Board of Lubbock onto 21st dayof March ±_= 2005 �ry/NFk&1 ✓'_ AAMSONNGEL°aryPublic, State exas