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HomeMy WebLinkAbout7063RESOLUTION NO. 7063 A RESOLUTION OF THE CITY COUNCIL OF PUEBLO,COLORADO, AUTHORIZING THE CITY MANAGER TO EXECUTE NECESSARY DOCUMENTATION FORTHEPUFBLO HW@NGAUTAORHY (PHA) AND HOUSING SERVICES gsM)T000rAIN APPROXIMATELY $312,287IN FEDERAL HOPE III FUNDS FROM HOUSING AND URBAN DEVELOPMENT (HUD) WHEREAS, the Pueblo Housing Authority was awarded $312,287 under the Homeownership and Opportunity for People Everywhere (HOPE III) by the U.S. Department of Housing and Urban Development (HUD) on September 30, 1992; and WHEREAS, the City under partnership with Pueblo Housing Authority and Neighborhood Housing Services will participate by contributing local non - federal matching requirements under the HOPE III application submitted on April 14, 1992, thereby allowing approximately thirteen (13) homeownership units for Pueblo low -and moderate income households; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: Section 1. The City Council hereby declares the participation of the City of Pueblo is consistent with the Pueblo's Community Development Program and Comprehensive Housing Affordability Strategy so as to give maximum feasible priority to activities which will benefit low- and moderate - income families and /or aid in the prevention or elimination of slums and blight. Section 2. The City Manager is hereby authorized and directed to execute the necessary documentation, for the U. S. Department of Housing and Urban Development for approximately $65,500 in non - federal funds and to affix his signature thereto. INTRODUCED January 25 , 1993 C MICHAEL OCCHIATO CITY COUNCIL MEMBER ATTEST: APPROVED: BY: P DENT OF CITY COUNCIL CITY CLERK OCT-05 -1592 11:15 FROM PUEBLO HOUSING RUIFIUkll "Y TO �,4Fi;344 P.O U.S. DapBrtment of Housing and Urban Development * *, Denver Regional Office, Region VIII Executive Tower 1445 Curtis Street Denver, Colorado 84202 -2349 September 30, 1992 Mr. ,Tack Quinn R F ,C. R I V E D Executive Director Pueblo Housing Authority 0 r 0 1 1 1414 N. Santa Fe Avenue, 10 floor Pueblo, CO 81003 PUEBLO Foup"M+ r\ . AUTMW -171 t. Dear Mr. inn. 0 We are pleased to inform you that your HOPES 3 Implementation Grant application OH -92- 00013 -I -P, submitted in response to the U.S. Department of Housing and Urban Development's (HUD) Notice of Fund Availability dated January 14, 1992, has been approved in the amount of $312,287. This letter and the enclosed grant agreement evidence HUD's obligation to provide HOPE 3 grant funds for your homeownership program. This approval is, however, subject to the conditions of grant approval set forth in the enclosed "Instructions to the Grantee." All submissions required by the enclosed °Instructions to the Grantee" must be postmarked or hand - delivered to this office within 30 days from the date of this letter, You may not make any charges in your application other than those required by the terms of this HUD approval, since this could affect the competitive basis on which your grant was awarded. In rating and ranking your application, HUD has already taken into account any revisions required by the enclosed. Failure to submit the required information within 30 days may result in deobligation of the approved funds. Under the HOPE 3 Program Guidelines you are not authorized to incur costs under this grant until after the effective date of the grant agreement. When BUD determines that all conditions of approval set forth in the enclosed have been satisfied, HUD will execute the grant agreement. Based on the number of units shown on line 2(a), item 10(D) of Exhibit 3 of your grant application, you will be expected to provide 13 homeownership units under this approved HOPE 3 program prior to program completion. if the grant amount has been reduced from the amount requested in the application, the unit number shown here has been proportionately reduced. Please see Section 601(f) of the Program Guidelines and the Grant Agreement for important information on the performance requirements concerning the provision of homeownership units. t OCZ' - -05 -1992 11:16 FROH PUEBLO HOUSING AUTHORITY TO 5940344 P.03 2 You and your representatives will he invited to attend a start -up conference with HUD staff in the Regional Office. The conference will provide trainiag and technical assistance in the areas of financial management, fair housing, environmental regulations, use of the HOPE 3 Cash and Management Information System (C /MI) and other essential requirements of the HOPE 3 Program. Pleass put the dates for this important conference on your calendar now: October 27 and 28, 1992 Executive Tower Inn Gold Room - 2nd floor 1405 Curtis Street Denver, CO We will send further details on the conference at a later date. We look forward to working with you to make the HOPE 3 Program a success in your area. if you have any questions, please contact Ms. Ramona Blizalde Affordable Housing Representative, at (303) 844 -5121. Enclosures Sincerely, Michael R. ChitwoDd Regional A4ministrstor --- Regional Housing Commissioner i OCT - 05 - 1992 11'-16 FROM PUEHL_O HOUSING RUIHORI TO Grantee Name Pueblo Housing Authority Grant lumber Q7: 92 _ 00013..2 -P IN STRUCTI 14 T THE �RAP 5240844 N, 64 1. The enclosed three copies of the grant agreement must be executed on behalf of the lead applicant by that entity official representative who shall be legally authorized to accept the obligations of the grant agreement for the applicant. When alb submissions required by these instructions have been received within the deadline specified in the approval letter and found acceptable by BUD, 3UD shall execute the grant agreement and return a fully executed copy to you. The date HUD signs the grant agreement is the "effective date of the grant agreement" as that term is used in the Program Guidelines. HUD also considers the effective date entered in th; grant agreement as the starting date for computing grantee compliance with the property acquisition, property transfer, and program completion deadlines stated in Sections 320, 705 and 715 of the Program. guidelines (Note to HUD Field Offices Only include Section 320 for Planning Grant approvals and only Sections 705 and 715 for Implementation Grants approvals). As of the effective date, you will be authorized to incur costs to the extent approved activities are not covered by the environmental review requirements of CPA Notice 92 -22 and to the extent there are no special conditions in the grant agreement which provide otherwise. HUTS reserves the right to deobligate approved grant funds if your submissions are 'not timely or are not in accordance with HUD requirements. 2. Enclosed is a certification which in required by the Byrd Amendment, 24 CYR Evart 87, and Section 520 of the-HOPE 3 Guidelines for grantees other than Indian tribes, IRAs and other Indian organizations. The authorized representative of the Load applicant, other than an Indian organization (which is not subject to this requirement), shall execute thin certification without modification and return it to this office. 3. Also enclosed are copies of the Direct Deposit Sign -up Form (SF- 1199A) and a copy of the LUCCS Voice Response Access Authorization (form HUD -27054). These forms are needed to permit the lead applicant to draw down funds for this grant under the HOPE 3 Cash and Management Information System (CiMI System), as further explained in Section 740 of the ROPE 3 guidelines. These forms should be completed and mailed to the separate addresses shown on the form or the instructions. OCT -0S -1'392 11 :17 FROM P"1 ELL6 HOUSING AUTe LCRITi' — f0 : 0408344 P.Of7 4. Your application indicated that you plan to use public housing units along with other properties in your HOPE 3 Program - Our records show that your replacement housing plan or other approvals or waivers pursuant to sections 5(h), 18 and 2 of the U.S. Housing Act of 1937 or regulations governing the Turnkey III and Mutual Help programs have got yet been granted by the Office of Public and Indian Housing (PIE). Please be advised that you will be unable to draw down any HOPE 3 funds with respect to those units until the necessary PIN approval has been obtained. You will, however, be able to draw down founds for other properties in your program as soon as the other conditions of these instructions are satisfied and HUD executes the grant agreement. The grant agreement contains a condition restricting the use of $237,337 of the grant until the necessary PIA approvals are obtained. As stated in the last sentence of CPD Notice 92 -11, if the 'necessary PIE approvals are not obtained by December 1, 1992, HUD reserves the right to reduce your grant award by the amount stated above, which was budgeted to assist those units. TOTAL P.05 .414 No, Sono Fe kn. (10th Floor) I Pu", CO 81003.3795 1 Phone (718) 544 -M 1 FAX (718) 542 -= April 17, 1992 Department of Housing and Urban Development Regional Office 1405 Curtis St., Floor 28 Denver, CO 80202 Attention: Mr. Michael Chitwood HOPE 3 Implementation Application Dear Mr. Chitwood: EXECUTIVE DIRECTOR: Jack Quinn COMMISSIONERS: Judge Gordon R. Cooper Mr. Robert L. Hawkins Mr. Manuel Rosales Mr. Ben Weindling Ms. Elizabeth B. Wilson The Pueblo Housing Authority and the Neighborhood Housing Services of Pueblo respectfully submit this HOPE 3 Implementation Application. This application has been prepared in cooperation with the City of Pueblo, Department of Housing and Community Development. This application is supported by the City of Pueblo, housing non- profits, community -based organizations and residents of the Pueblo Housing Authority. The Housing Authority conducted a tenant survey which indicated that over 95% of the eligible residents wish to participate in a homeownership program. The HOPE 3 Initiative is an excellent mechanism to achieve that objective. This proposal is based on the Pueblo Housing Authority donating 10 units of public housing and the City of Pueblo donating 3 of its houses. To further show the support of the program, the Pueblo Housing Authority has committed a cash match of $28,000 of non -HUD funds and the City of Pueblo a cash match of $16,000 of non - federal funds. The Pueblo Housing Authority has designed a replacement housing plan for the 10 units of public housing to be sold to the residents. This replacement housing plan calls for the authority to apply for 10 units of low -rent public housing for new construction. The Pueblo Housing Authority on April 16th submitted an application to the Regional Office under Section 5(h) of Homeownership Conversion. This application was submitted pursuant to requirements in 24 CFR Part 906. This application contains a copy of the cover letter of that Section 5(h) application as evidence that it has been submitted to the Regional Office. HOUSING AUTHORITY of the CITY OF PUEBLO The Housing Authority, NHS, City of Pueblo and the residents of the Pueblo Housing Authority await your review of this application with great anticipation. The HOPE 3 Program can afford 13 Pueblo families the opportunity to realize the American dream of homeownership. If additional information is necessary, please feel free to contact this office or Roberto Alvarado, Assistant Executive Director. Sincerely yours, Jack Quinn Executive Director Enclosures JQ /dp H O P E I I I APPLICATION FOR IMPLEMENTATION GRANT SUBMITTED BY: PUEBLO HOUSING AUTHORITY, LEAD APPLICANT NEIGHBORHOOD HOUSING SERVICES, INC., CO- APPLICANT AND IN COLLABORATION WITH THE CITY OF PUEBLO, DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT APRIL 17, 1992 Hope for Homeownership of Single Family Homes Program (HOPE 3) Implementation Grant Acknowledgement of Application Receipt To Be Completed by the Applicant: Provide applicant name and address in the box below in order for HUD to acknowledge receipt of the application by the application deadline: Housing Authority of the City of Pueblo, Colorado Mr. Jack Quinn, Executive Director 1414 N. Santa Fe Avenue (10th Floor) Pueblo, CO 81003 To Be Completed by HUD: Your application was received by the appropriate HUD Field Office by the application deadline and will be considered for funding under HOPE 3. In accordance with Section 103 of the Department of Housing and Urban Development Reform Act of 1989, no Information will be released by HU D regarding the relative standing of any application until funding announce- ments are made. However, you may be contacted by HUD after initial screening of your application to permit you to correct Incomplete items, Inconsistencies, or incorrect computations, as permitted by Section 415(c) of the program guidelines. F1 Your application was not received by HUD by the application deadline; therefore, your application will not receive further consideration under this funding round for HOPE 3 grants. Your application is enclosed. Dna of pt I Pronuors Harm (P4a" pnnq ( HOPE 3 Pmq sm NumOR (Ptaasa refer to this program number in any father correspondence with HUD about this grant application.) Wm HUD-40064 Table of Contents Applicant Name: Pueblo Housing Authorit (Insert appropriate page number in blanks below) Page: 1 Standard Form 424 2 Table of Contents 3 Applicant Certifications 4 Certification of Consistency with the CHAS 5 Certification of Compliance with Replacement Housing Requirements 6 Section 1: Homeownerehlp Program Information 7 -12 Exhibit 1: Description of Homeownership Program 13 -21 Exhibit 2: Applicant Characteristics 22 -30 Exhibit 3: Property Related Activities 31 -33 Exhibit 4: Counseling and Training 3_ Exhibit 5: Economic Development Activities 3_ Exhibit 6: Relocation Assistance 36 -37 Exhibit 7: All Other Proposed Activities Funded with HOPE 3 Funds 38 -39 Exhibit 8: Affordability Analysis 40 Exhibit 9: Program Schedule 41 Section II: Financial Information 42 Exhibit 10: Program Budget 43 -45 Exhibit 11: Matching and Other Contributions 46 -48 Exhibit 12: Sales and Resales Proceeds 49 Section III: Other Selection Factor Information: _ 50 Exhibit 13: Local Support 51 Exhibit 14: Long Term Affordability Plan 52 Exhibit 15: Relationship to CHAS 53 Exhibit 16: Minority Business Enterprise/Women -Owned Business Enterprise 54 Exhibit 17: Fair Housing Choice 55 Exhibit 18: Replacement Housing Plan 56 Exhibit 19: Evidence of Submission of Section 5(h) Application 57 -58 Exhibit 20: Neighborhood Housing Services Board Resolution 59 -60 Exhibit 21: Pueblo Housing Authority Board Resolution Page r— - --� form HU04000t OFae ►meter,( Ne.OUS42aA2 /IrrL.i%WA% 1Kim run FEDERAL ASSISTANCE a. DATE SUBMITTED ADOlcant loenlJw Aril 17 1992 a. TYPE D• SUSMIssook: 7. DATE RECEIVED BY STATE Stale Apdicatgn 10ent,lw Aod , calasrr Proup"Canon M Cv+st lY[I ron ❑ Donsllu[IIDn a "TIE 01ECSIV BY FSDI AOIMCT Fepwal tdentdref ❑ Nlntonsnucign ❑ NonConsnvctan S. APPLICANT IIIICIAMAT1ON Legal Name otgafLlalgnal Unt Housing Authority of the City of Pueblo CO Add (Crime cry, county. scan led tip code) alma and taNOnone nWeIDW of W4 poison to a contacta0 In matters Involvrq 1414 N. Santa Fe Avenue (10th Floor) Mill a001rcatwn (pfve area code) Pueblo, CO 81003 Jack Quinn (719) 544 -6230 e. EMPL IDENTIFICATION NUMBER IEl,rl. T, TYPE CF 'APPLICANT: (•nnr appropnau left m Coal 2 8 9 2 A state H ��ot Sc^od Dial B County 1. Slate Controlled Institution N 1 b hw Lawnwp C MURCIW J PrNale Urrverpty L P/Pt OF AMLICAl1IDM. O. Townahrp K e10ran Tribe ® New ❑ ConleH,atlon ❑ R•Vlsron E Interstate L. Ndrdual I Revision. F IntermunerW M Profit Orpanuston onto, •Daowate leltwlsl n Do,tesl. ❑ ❑ 0 Sw Distrcl N. otnw (Spruh) Public Housing A erc esse A.afd 8 Decrease A.ard C rtc D.0aton Authority D Decrease Dustin Otnw ISpeGfy) a. NAME OF FEDERAL AOINCY: Department of HUD le. cAAT 3OO Oft NV�•EA: OOME7M 1 4 a 2 4 D t I. DISCRI TITLE OF APPL)CANT% PROJECT: Hope III: Acquisition with rehabilitation nTLE HOPE 3 Program 8 Sale of single - family homes to eligible low- income families. 12. AR4 R S AFIIED Sr FwOJIR laces. eaunua:i sates. erc ) Pueblo, Colorado I) P*OOOSID ►IIOJECT 14 CONGRESSIONAL DI STRICTS OF Start Dan rn9 Dale a ADWCanI i p Protect 0 3rd Congressional District :3rd Congressional District IS. IaTIMATED FUN04NQ Is. K APPLICATION SUSJICT TO at VIEW ST STATE EKSCUTIVE ORDER 12772 PRt%ISSI • TES PPL M ADE AVAILA TFrE e Federal s 312,287 287 '00 PTO STA EXECUTIVE ORD tL21CA2 PROCESS OR REVIEW DATE D Aoprunt t 28 000 too c Stale 1 .00 D NO ® PROGRAM IS NOT COVERED By E 0 12372 IS Local 8 81 -500 C] OR PROGRAM K" NOT BEEN SELECTED BY STATE FOR REVIEW • Otrw : .00 I ProOram Y+corna t .00 17. ft TM APPLICANT DS LINOUINT On AMT FED/RAL DEBT'/ Yes N - Yes. - Attach an septanaton. ® No D TOTAL 1 . OG 421 787 It TO THE MST OF MY KNOWLEDGE AND BELIEF. ALL DATA IN TINS APel1UT10M.FwuPPLICATION ARE TRUE AMC COwAiCT. lNe DOCUMENT HAS $99% DULY AVTHOWUD my THE GOVERNINO /Gel' OF THE APPLICANT AND TH APPLICANT WILL COMPLY wRH THE ATT4CNID ASIURANGES M TH ASSISTANCE fS AWARDED a typed Name at Authonnot RApraaantatrve C Tow c TNOpnpno numow Jack Quinn Executive Director 719)544 -6230 IS SGrlah" of Autraread PAW rrfltell" a Dale Spned April 17, 1992 m ll%ws holtrons Not U"0411 I!) - Cam J24 AEA A PreecrDM 0, 0116f8 1_ r _.41 A Authorized for Local Reproduction Section I - Homeownership Program Information EXHIBIT 1 - Description of Home Ownership Program A. Executive Summary This implementation application for HOPE III Grant is submitted by • public body, Pueblo Housing Authority (PHA) , in cooperation with • private, non - profit organization, Neighborhood Housing Services (NHS). The Pueblo Housing Authority and Neighborhood Housing Services have executed a written agreement which delineates the respective roles and responsibilities of each party. The Pueblo Housing Authority will serve as the lead applicant. The Pueblo Housing Authority was established in 1951 and administers 901 units of public housing, 1,251 units of Section 8 certificates and 289 units of Section 8 vouchers. The Pueblo Housing Authority has an excellent track record of managing and maintaining federally subsidized housing. The Pueblo Neighborhood Housing Services was established in 1978 and is a private, non - profit organization designed to help rebuild neighborhoods through the stimulation of reinvestment activities and community involvement. NHS has supported home ownership activities through rehabilitation loans, a revolving loan program and joint ventures with other public entities. The city of Pueblo through its Department of Housing and Community Development has provided technical assistance and support in developing the HOPE III application. A city consultant, Pena Helm Enterprises, Inc., has provided technical assistance to PHA and NHS in designing this HOPE III program. The city has also pledged to donate three city -owned properties and $16,000 of non - federal cash to satisfy a portion of the local match requirement. PHA, NHS and the city of Pueblo are committed to the purpose of the HOPE program, i.e. to assist eligible Pueblo low- income families to participate in home ownership opportunities. This executive summary will briefly describe the program design for Pueblo's HOPE III application. The applicants have identified 10 PHA -owned properties and 3 city -owned properties to be utilized in this program. Title to the city - owned properties will be transferred to the applicants and the applicants will sell the 13 properties to eligible families. The program will proceed generally in the following manner: 1). Applicants will select eligible families to purchase the identified units. 2). Applicants will begin counseling eligible families. 3). Rehabilitation work will be performed in compliance with housing quality standards and city building codes. 7 4). Applicants will assist eligible families to acquire a first mortgage through a CHFA Mortgage Revenue Bond program. 5). Closing on the units will be conducted. 6). Applicants will continue counseling home buyers for an 18- month period. The financial model for this application has been designed in the following fashion: Eligible families will have a gross annual income of not less than $12,000. At 300 of adjusted income, that will allow for an approximate monthly payment of $250 for PITI. Assuming $50 per month for taxes and $25 per month for insurance, $175 /month will be available to support debt service. The fair market value of the houses averages $40,000. Financial assistance will be provided to the homebuyer through an interest rate reduction. To achieve a principal and interest payment of $175 a month on a $40,000 mortgage, the interest rate is computed at 30. The difference between the market rate of 8% and the computed 3% is a present value of $16,500 on a $40,000 mortgage. Therefore, the total financial assistance of the interest rate reduction on 13 houses is $214,587. The proceeds available to PHA and NHS at the time of closing of first mortgages will be used for other housing programs including home ownership programs, rehabilitation programs, revolving loan programs, etc. Eligible activities or use of funds in this program will include closing costs, down payment assistance, rehabilitation of eligible properties, legal fees, replacement reserve, counseling and training, applicant training and administrative costs. Total program costs are estimated to be $421,787 of which $109,500 would be local match derived from the three donated properties, $16,000 non - federal cash from the city and $28,000 cash from non- federal PHA funds. The request for HOPE funds is $319,683. The program is designed to assist thirteen (13) families to achieve the goal of homeownership. The properties are all located in the city of Pueblo (see map for location and neighborhood descriptions). on B. Eligible Families The applicants will identify and select eligible families to participate in the program based on the following plan elements: 1). The families selected will be credit - worthy and have the financial capacity to defray the costs of home ownership. The PHA has selected eligible families as those currently paying more than $250 /month for rent. Additionally, the families must meet the FHA underwriting criteria as established in CHFA Mortgage Revenue programs. Family incomes will not exceed 80% of the median income of Pueblo. Family also must be first -time homebuyers: have not owned a home during the 3 -year period before purchase of a home with assistance under the HOPE III program. Applicants will comply with exception to this policy as prescribed in HOPE III regulations. 2). The applicants will comply with the Affirmative Action Housing Marketing Plan that is attached as Exhibit 17. 3). Applicants will ensure that families owing money to the PHA will resolve any delinquency before entering the program. 4). The residents occupying the 13 units on the date of application, April 17, 1992, or those currently in place will be given first preference. If a unit is vacant, first preference will be given to the former resident of that unit. Preference will also be given to eligible families who are residents of the Pueblo Housing Authority and those who have completed a self- sufficiency program. 5). The applicants will promptly notify in writing any family who has been rejected from participation in the program. 6). The participating family will be required to certify that it intends to occupy the unit as its principal residence. 7). The participating family will agree to occupy the property as its principal residence during a 15 -year period from the date it acquires an ownership interest in the home. 8). The following chart describes the general composition of eligible tenants that the applicants have identified: N PHA — Donated HOPE III Properties Family Size Income Race Gender Characteristics 4 16,000 HISP. Female head of hsehld, 2 dtrs, 1 son 5 15,704 HISP. Husband & wife, 3 sons 5 15,807 HISP. Female hd of hsehld, 3 dtrs, 1 gndson 6 17,618 HISP. Husband & wife, 3 dtrs, 1 son 5 18,336 HISP. Husband & wife, 2 sons & 1 dtr 6 13,686 HISP. Husband & wife, 1 son and 3 dtrs 4 16,800 HISP. Female head of hsehld and 3 dtrs 6 24,898 HISP. Husband & wife, 2 dtrs and 2 sons 2 14,159 WHITE Husband (wheelchair /handicap) & wife 5 14,830 WHITE Husband & wife, 1 dtr and 2 sons 4 13,000 HISP. Husband & wife, 1 dtr and 1 son 3 13,541 HISP. Female head of hsehld, i son & 1 dtr 5 16,900 HISP. Husband & wife, 2 sons & 1 dtr 4 13,873 HISP. Husband & wife, 1 son & 1 dtr 4 24,034 HISP. Husband & wife, 1 son & 1 dtr 3 21,466 HISP. Female head of hsehld, 1 son & 1 dtr 4 20,196 HISP. Husband & wife, 1 son & 1 dtr 4 18,970 HISP. Husband & wife and 2 dtrs 4 12,480 HISP. Husband & wife and 2 dtrs 2 15,018 BLACK Female head of household and 1 dtr 5 19,931 HISP. Husband & wife and 3 sons 4 13,390 HISP. Husband & wife, 1 dtr and 1 son 4 14,333 HISP. Husband & wife, 1 dtr and 1 son Family Size Income Race Gender Characterist 10 5 23,629 HISP. Husband & wife, 2 dtrs and 1 son 4 17,826 HISP. Female head of hsehld, 2 dtrs, 1 son 6 13,520 HISP. Husband & wife, 2 dtrs, 2 sons 4 13,500 WHITE Female head of household & 3 sons 5 12,272 WHITE Husband & wife & 3 sons 6 25,512 HISP. Husband & wife, 2 sons & 2 dtrs 6 17,954 HISP. Husband & wife, 2 sons & 2 dtrs 2 16,432 HISP. Female head of household & 1 son City- owned, Occupied HOPE III Properties Family Size Income Race Gender Characteristics 3 19,277 HISP. Father & 2 children 6 17,328 BLACK Female head of hsehld & 5 children 11 C. Resale Restrictions The applicants will comply with the resale restrictions as delineated in Section 720(A)(1)(ii). D. Sweat Equity Plan The applicants are not claiming Sweat Equity as a match contribution. It is understood, however, that participants in the program will, in fact, provide Sweat Equity to improve their homes. E. Housing Quality Plan The applicants, through Section 8 inspectors of the Pueblo Housing Authority, will inspect each home for compliance with HQS. Any defects found will be corrected through the rehabilitation phase of the program. Additionally, the Pueblo Housing Authority HQS inspectors will inspect the homes every 6 months for a period of 2 years to ensure that HQS and Pueblo housing codes and standards are met. F. Management Entity The lead applicant, the Pueblo Housing Authority, will be the management entity for the 10 PHA - donated properties; NHS wil be the management entity for the 3 city- donated properties. G. Desegregation Order There is not a Desegregation Order to the applicants in this program not violated any Desegregation voluntary agreement. agreement or plan that applies Further, the applicants have Order compliance agreement or H. Rental Housing Impact The implementation of this HOPE III Home Ownership Program will not effect more than 100 of the affordable, single- family, rental housing units in Pueblo. 12 EXHIBIT 2 - APPLICANT CHARACTERISTICS MEMORANDUM OF AGREEMENT BETWEEN THE HOUSING AUTHORITY OF THE CITY OF PUEBLO, COLORADO, (HACP), AND NEIGHBORHOOD HOUSING SERVICES OF PUEBLO, INC. (NHS): This memorandum sets forth the understanding of the parties concerning the HOPE III Program application submitted to the U.S. Department of Housing and Urban Development (HUD) pursuant to Section 5(h) of the United States Housing Act of 1937. The HACP, in cooperation with NHS, is submitting an implementation application for a HOPE III Grant to HUD to assist thirteen (13) low- income families achieve homeownership. The HACP and NHS hereby agree to accept the below responsibilities: The HACP will: 1. Carry out the HOPE III Program in accordance with Section 5(h) and other applicable Federal laws, the regulations in 24 CFR and in accordance with the application submitted to HUD for approval. 2. Identify the HACP properties that will be offered for homeownership, do the necessary work write -ups, and perform the necessary rehabilitation to these dwellings. 3. Screen all current HACP families to determine those who are credit - worthy and have the financial capacity to defray the costs of homeownership. 4. Select eligible families residing in HACP properties for the homeownership program. The NHS will: 1. Do the necessary work write -ups and perform the necessary rehabilitation to the City's three donated properties. 2. Offer current occupants the opportunity of "first refusal." If the current occupants are not interested in homeownership, NHS will notify the HACP so that these properties may be offered to eligible public housing families. 3. Offer counseling and training for all families selected for homeownership for an 18 -month period. 4. Advise all displaced families of moving expense and dislocation allowance schedules as defined in the Uniform Relocation Act. 13 5. Refer displaced families to the HACP for the possible assignment of rental assistance vouchers or certificates. 6. Allow the HACP to inspect rehabilitation work performed to the properties to ensure compliance with HUD - approved Housing Quality Standards. 7. Serve as interim manager for the City- donated properties. The purchaseing of supplies and services for the HOPE III Programs will be carried out in accordance with the procurement practice, policies, and procedures outline in HUD Handbook 7460.8 as amended. All disputes arising under or relating to this contract, including any claims for damages for the alleged breach thereof which are not disposed of by agreement shall be presented in writing to the HACP Contracting Officer, Roberto Alvarado. The Contracting Officer shall, with reasonable promptness, after obtaining the approval of HUD, render his decision to NHS in writing. This agreement may be amended at any time with the mutual consent of both parties. HOUSING AUTHORITY OF THE CITY OF PUEBLO, COLORADO NEIGHBORHOOD HOUSING SERVICES OF PUEBLO, INC. Signature Name Title Date Signature Name Title Date 14 EXHIBIT II APPLICANT CHARACTERISTICS A. Applicant Identification The Housing Authority of the City of Pueblo, Colorado, (HACP) is the applicant. The cooperating non - profit organization for the home - ownership program is the Neighborhood Housing Services of Pueblo, Inc., (NHS). The HACP will assume the overall legal responsibility as the grantee for ensuring that the program is carried out in compliance with program requirements and the roles and responsibilities of each party. Attached is a copy of the written Memorandum of Agreement between the HACP and NHS, in accordance with Section 415(b)(3). B. Qualifications and Experience of Applicant The combined work experience of the Executive Director and the Assistant Executive Director, in the public housing field, is 46 years. 1. The Executive Director is so highly accredited that he is currently serving a two year term as Rational NAHRO President. He was elected to this position by PHA Commissioners, Executives and PHA employees from throughout the country for his knowledge, experience, and expertise in the public housing field and community development field. 2. His Assistant is a hands -on administrator who has also been successfully involved in numerous housing programs. For example he was selected to head one of the first thirty -three modernization protects in the United States when modernization was first introduced on an experimental basis as the Target Projects Program (TPP) which later became known as Modernization (MOD) and CIAP. The modernization program headed by the Assistant Executive Director received the "No. 1" rating from amongst the original thirty -three Housing Authorities selected for national competition. 3. In addition, the HACP has been involved in three property acquisition projects involving the acquisition of 131 public housing units. The rehabilitation of these acquired dwellings was performed by force account (in- house) and by letting out small bids to minority owned businesses. The HACP staff also conducted all of the necessary counseling for relocation of private citizens who were displaced from these dwellings and for other relevant activities. 15 4. The Comptroller has been employed by the HACP for the past 20 years. She has a Bachelor of Science Degree in Accounting. The Comptroller has proven financial management experience in the YHA field and in the acquisition and administration of rental housing units for a non - profit corporation. 5. The HACP is free of serious financial problems or major audit findings. Minor findings are normally corrected in a very expedient manner. The HACP will administer the HOPE 3 Program in accordance with the HUD - approved internal management and financial control procedures that are in place and that have proven successful for the Housing Authority. 6. A summary of the last certified independent audit report follows: "I have applied procedures to test the Housing Authority of the City of Pueblo's compliance with the following requirements applicable to each of its major federal financial assistance programs which are identified in the schedule of federal financial assistance, for the year ended March 31, 1991: political activity, Davis -Bacon Act, civil rights, cash management, relocation assistance and real property management, federal financial reports, costs /cost principles, Drug -Free Workplace Act, and administrative requirements. With respect to the items tested, the results of those procedures disclosed no material instances of noncompliance with the requirements listed in the first paragraph of this report. With respect to items not tested, nothing came to my attention that caused me to believe that the Housing Authority of the City of Pueblo had not complied, in all material respects, with those requirements. However, the results of my procedures disclosed no immaterial instances of noncompliance with those requirements. This report is intended for the information of the U. S. Department of Housing and Urban Development. This restriction is not intended to limit the distribution of this report, which is a matter of public record." 7. With relation to the HACP's past housing acquisition and rehabilitation programs mentioned in B.3. above, the Housing Authority did not experience any serious problems or major audit findings. i6 C. Private Non - Profit Organizations and Cooperative Associations 1. HACP Board Members Nam T erm Ex pires Manuel Rosales, Chairman 7/01/92 Gordon R. Cooper, Vice Chairman 7/01/93 Elizabeth B. Wilson 7/01/94 Ben Weindling 7/01/95 Robert L. Hawkins 7/01/96 2. A certification, signed by the HACP Board Secretary attesting that the Agency has a voluntary Board of Directors is attached for your convenience. 3. The HACP's tax exempt number is 84- 6002892 17 CERTIFICATION OF EXISTENCE OF VOLUNTARY BOARD OF DIRECTORS The Housing Authority of the City of Pueblo, Colorado, certifies that the members of the Board of Directors serve in a voluntary capacity and receive no compensation, other than reimbursement for expenses, for their services and the non - profit organization operates in a manner so that no part of its net earnings inures to the benefit of any individual, corporation, or other entity. Executive Director Housing Authority of the City of Pueblo, Colorado Date 18 Private Non - Profit Organizations and Cooperative Associations 1. NHS Board Members NAME Robert Hoaglund, President Joe Manzanares, Vice President Betty Carnes, Secretary Gary Dall, Treasurer Term Expires 4/1/93 4/1/93 4/1/93 4/1/93 2. A certification signed by the NHS Executive Director attesting that the Agency has a voluntary Board of Directors is attached for your convenience. 3. The NHS's tax exempt number is 98- 00024. 20 Internal Revenue Service District Director EtE0sl003sWt&f Date; JUN 2 5 1960 Neighborhood Housing Services of Pueblo, Inc. 1804 E. Evans Avenue Pueblo, Colorado 81004 — Dear Applicant: Department of the Treasury Our Letter Dated: March 24, 1978 Person to Contact: Judy Hitchcock Contact Telephone Number. (512) 397 -5716 AUSIZO: ' This modifies our letter of the above date in which we stated that you would be treated as an organization which is not a private foundation until the expiration of your advance ruling period. Based on the information you submitted, we have determined that you are not a private foundation within the meaning of section 509(a) of the Internal Revenue Code, because you are an organization of the type described in section 170( b)(1) (A) vi)Your exempt status under section 501(c) (3) of the code is still in effect. Grantors and contributors may rely on this determination until the Internal Revenue Service publishes notice to the contrary. However, a grantor or a contributor may not rely on this determination if he or she was in part responsible for, or was aware of, the act or failure to act that resulted in your loss of section 5 (1) ,^ status, or acquired knowledge that the Internal Revenue Service had given notice that you would be removed from classification as a section 09(a)(1) organization. Because this letter could help resolve any questions about your private foundation status, please keep it in your permanent records. If you have any questions, please contact the person whose name and telephone number are shown above. Sincerely yours, Robert M. McKeever District Director 21 300 E. 8th St., Austin, Tax. 78701 I ottpr. rn5n mrn n_»> Exhlbtt 3: Property Related ACtivltIes (H additional opus in needed for any answer, please attach it to this exhibit) linos to be Used In the Homeownership Program. While in many eases the specific properties to be acquired or donated will not be known, a review of currently available properties of the type, size, and in the neighborhood(s) being proposed should provide sufficient information to complete this exhibit. (Section 405 (b)(2) and 415 (b)(6)) 1. Estimate the total number of eligible units available for purchase or donation in the area selected for this program 135 or available for direct purchase by the homebuyer with assistance from the grantee. Total units: 2. (a) Provide the approximate number of units estimated to be actually used in the homeownership program from each source listed below: (Section 425 (a)(7)()) Source of Property Number to be Acquired by Grantee A Number to be Donated from Eligible oourtw 8 Number to be Purchased directly by Homebuyer' C Total Number Federal, PHAIIHA Properties occupied 1. HUD 92% Total 10096 2. VA 3. RTC 4. FmHA S. PHAAHA' 10 10 6. Subtotal (gems 1 through 5) 10 I 10 State i Local Propertlas 7. State 8. Local 3 I 3 9. Subtotal (items7 and 8) 3 I s 10.Total hems 6 and 9) V 13 1 13 Only scattered site, single family public or Indian housing properties are eligible for use in the Hurt 3 program. Properties ownad or held by a PHAAHA which are not assisted underthe U.S. Housing Act of 1937 should be included as State or local properties in line 7 or 8 above. Number of units where grantee is facilitating the homebuyer s direct purchase from an eligible source and the grantee is not first acquiring the unit or using donated properties. (b) Sao the Notice emitted 'Guidance for Applicants Proposing the Use of PHAAHA Units for HOPE 3.' There are special requirements for documentation that m ust be included in this application d units in a public or Indian housing development assisted under the United States Housing Act of 1937 are to be included in the HOPE 3 program. (c) Estimate the number of vacant and occupied units, and the percentage, to be used in the homeownership program. (Section 425 (s)(7)1(ii)) 3. Attach an 8112' x Ito maps) indicating the boundaries of the neighborhood(s) in which the program is proposed, and a list of census tracts included in each neighborhood. See attached map. 4. Describe the racial and ethnic characteristics of residents of the neighborhoods indicated in s 3 above. (Section 415 (b)(6)(iv)) See attached Neighborhood Characteristics. Page 22 lwm HUD-40OU units % vacant 1 8 occupied 12 92% Total 10096 3. Attach an 8112' x Ito maps) indicating the boundaries of the neighborhood(s) in which the program is proposed, and a list of census tracts included in each neighborhood. See attached map. 4. Describe the racial and ethnic characteristics of residents of the neighborhoods indicated in s 3 above. (Section 415 (b)(6)(iv)) See attached Neighborhood Characteristics. Page 22 lwm HUD-40OU 5. (a) Estimate the average purchase price to the applicant of the units to be acquired under the program. (Section 415 (b)(13)) (Do not complete i the program proposes only faciihation of direct homabuyer purchase from eligible sources.) Type of Unit Estimated per Unit Purchase Price to App licant Efficiency i 1 bedroom i 2 bedrooms $ 0 3 bedrooms 1 0 4 bedrooms 1 0 5 or more bedrooms i Note: Total of grant and match funds read for combined acqui�- sition and rehabilitation costs par unit may root exceed 80% of the FHA 203(b) limits. A fist of the 203(b) limits is included in the application packet Funds other than grant or match contri- butions may be used without this fimitation. (b) Provide assumptions for the estimated purchase price above, inciWkV the basis of the estimate and terms (% any). All properties to be donated by the PHA or City. 6. For condom inium/cooperative units: N/A (a) Is the applicant proposing to acquire any condominium or cooperative units? ❑ Yea ® No (b) Is the applicant proposing to convert any existing units to either cooperative or oondominium status for disposition to homebuy- ers under the program? [D Yes ® No If yes, how many units? — � (c) tf the answer to (a) or (b) is yes, describe specifically what is proposed. 7. For all units to be rehabilitated: (a) What is the estimated average rehabilitation cost per unit? 1 3-615 (b) Describe below the assumptions being made in developing this estimate. (Note: HOPE 3 grant funds and match contributions combined for rehabilitation cannot exceed 133,500 per unit.) Rehabilitation work will be conducted to ensure compliance with HUD Housing Quality Standards and city codes. The PHA will require primarily cosmetic treatment (exterior painting, etc.) while the city- donated homes may need system repair or upgrades. S. What are the andcipated sources that will be used to finance rehabilitation? HOPE Grant funds and $16,000 non - federal city funds. Page Z 3 ben HUD -40066 PERCENT OF PERSONS WITH LOW OR MODERATE INCOME, AS DEFINED BY U. S. DEPT. OF HOUSING & URBAN DEVELOPMENT, CITY OF PUEBLO, COLORADO, 1986 19 80 28.38% CENSUS 29.01 19.26% 29.03 N{T 30.02 9.03 • 1. l0 TRACTS 5. �eLLEfE 100.00% PUEBLO 31.37% 9.05 URBAN , T , 57.88% AREA t r 9.04 w Q 7l fr {T N 2. 4. { u 9.02 {PP {°1 49.00% 46.94 ° 33.71/ TO {EPEE • 63.80% + ° 3. { o 100.00 %� y �' °'� 22.36% t • rf 71 r0. tT ► � °+. + . rid p Nre fe $I- PISS i ° o ' 6. 16 TN ST, 66.17% ° �. • 68.52% 0 M 64.41% o �l p i0 TN IT, f D +6 57.00% ° : f TN Si f IN ST 89.25 59.87°1° .[IIXf.• AIY[[ I l l . T. - 28.02 16. 13. ST 12. o S5. a ° ��+ 28.54 68.57 0 /° •, 70.19% 42.92% ' p "1016 39.45% `'° 51.39% TN.TCXLr 18. �° 17. f �,. o 30.01 'L s 44.58% 57.547 [Le °[e 00% [Eo E{ECt 23.99 %:I 20. 1PNINCt [°ao :26. 25. •,,••• a "'r. 1.01 �• }0 58.65% 2 8.0 5 to ° J r 45.31% YL11 21 . 00% 13.41% 56.11% H E" • � +. 27 t. [.IUE 4.91 /° i 24, 40.25% {.T 11.T[ 0 { U[[vlfr r i SOUTH [0 /0 I 28.01 26.78% 23. ° ° 3 31.02 ____ r 49.56/, 58.07/° LOW & MOD. INCOME LEVE: _ is t Family $15,050 * ^ Unrelated .24.55% LL1rat «' " "` "° Individual $10,550 M O r PUEBLO { LSO. • t 28.06 .00% " Source: 1980 Census, Summary Tape o File 3: Colorado. Pueblo City Information Dept. Page 24 Data Sheet No. 16.80,130 DEVELOPMENT CHARACTERISTICS Project No. C0002018 Number of Buildings 25 TYPE: Single Scattered Units Number of Dwellings: 25 Bedroom Size 3 These properties were initially acquired though the acquisition, without rehabilitation method. The date of full availability (DOFA) was 9/30/87. These properties are in very good condition. They meet the HQS standards and the cost of rehabilitation prior to sale is estimated to be minimal. NEIGHBORHOOD CHARACTERISTICS C0002018 is a 25 unit project composed of 25 scattered sites. The units are geographically located in the south and north parts of Pueblo. Transportation is available to all sectors of the City by bus from major thoroughfares in the areas. Shopping Centers are located within a mile from these sites. School buses provide transportation to the different public schools in the areas. Page 25 The units currently considered for homeownership are surrounded by privately owned dwellings. The structural composition of all homes in the area varies from wood frame to brick and stucco homes with basements or a concrete base. The private dwellings in the Belmont area appear to have been constructed in the 1950's and on through the 1980's, while those on the southside appear to have been constructed in the early 1950's and the 1970's. All of these properties are maintained in good condition. The average median value of private dwellings varies, from $40,000 to $77,000. The areas are spotted with small businesses such as medical offices, eating facilities, gasoline stations and general retail stores. No major industrial sites exist in the immediate proximity of these sites. Private hospitals are available within one to four miles from these sites. The racial composition in these areas is about 42% Hispanic, 57% White, and 1% Black. 9 Page 26 DEMOPMEPT CHARACTERISTICS Project No. C0002020 Number of Buildings: 45 TYPE: Single Scattered Units Number of Dwellings: 50 Bedroom Size: 3 These properties were initially acquired through the acquisition without rehabilitation method. The date of full availability (DOFA) was 9/30/90. These properties are in very good condition. They meet the HQS standards and the cost of rehabilitation prior to sale is estimated to be minimal. NEIGHBORHOOD CHARACTERISTICS C0002020 is a 50 unit project composed of 45 scattered sites. The units are geographically located in the south and northern parts of Pueblo. Transportation is available to all sectors of the City by bus, from major thoroughfares in the area. Shopping Centers are located within a mile from these sites. School buses provide transportation to the different public schools in the area. Page 27 The units currently considered for homeownership are surrounded by privately owned dwellings. The structural composition of all homes in the area varies from wood frame to brick and stucco homes with basements or a concrete base. The private dwellings in the Belmont area appear to have been constructed in the 1950's and on through the 1980's, while those on the southside appear to have been constructed in the early 1950's and the 1970'x. All of these properties are maintained in good condition. The average median value of private dwellings varies from $40,000 to $77,000. The areas are spotted with small businesses such as medical offices, eating facilities, gasoline stations, and general retail stores. ` d 1 �N No major industrial sites exist in the immediate proximity of these sites. Private hospitals are available within one to four miles from these sites. I The racial composition in these areas is about 42% Hispanic, 57% White, and 1% Black. Page 28 EXHIBIT 3 - NEIGHBORHOOD CHARACTERISTICS OF CITY - DONATED PROPERTIES 1516 Cedar: Minnequa - South According to the census, 3,257 people lived in Minnequa - South. The census showed that Minnequa - South had 2,378 Whites; 185 Blacks; 18 American Indians, Eskimos and Aleuts; and 8 Asians and Pacific Islanders. Persons of Spanish origin (who may be of any race) numbered 1,976. Among the 3,257 person in Minnequa - South, 20.2 percent, or 657, were under 15 years old and 18.6 percent, or 607, were 65 years old and over. Among persons in Minnequa - South 15 years and older, 53.5 percent of 1,214 men and 46.5 percent of the 1, 38 6 women were married. The median income for White families int he neighborhood was $13,812. The poverty threshold for a four - person family was $7,412. The 1980 census showed that of the 1,302 year -round occupied housing units in Minnequa - South, 67.2 percent were occupied by owners and 32.8 percent by renters. The census found that about 1.8 percent of the housing units in Minnequa - South were built in 1970 or later, while 66.7 percent of the housing units were built before 1940. Financial data for Minnequa - South show that the median value for specified owner - occupied homes was $27,100. 105 Lamar: Mesa Junction According to the census, 4,600 persons lived in Mesa Junction. The census showed that Mesa Junction had 4,102 Whites; 44 Blacks; 10 American Indians, Eskimos and Aleuts; and 17 Asians and Pacific Islanders. Persons of Spanish origin (of any race) numbered 980. Among the 4,600 person in Mesa Junction, 16.2 percent, or 743, were under 15 years old and 21.9 percent, or 1,008, were 65 years and over. Among person in Mesa Junction 15 years and older, 54.3 percent of 1,725 men and 44.0 percent of the 2,132 womer, were married. The median income in 1979 of households in Mesa Junction was $11,649. The poverty threshold for a four - person family was $7,412. The 1980 census showed that of the 2,163 year -round occupied housing units in Mesa Junction, 54.8 percent were occupied by owners and 45.2 percent by renters. The census found that about 3.5 percent of the housing units in Mesa Junction were built in 1970 or later, while 61.5 percent of the housing units were built before 1940. 29 Financial data for Mesa Junction show that the median value for specified owner- occupied homes was $39,900. 712 W. 10th: Downtown - Upper According to the census, 2,135 persons lived in Downtown - Upper. They comprised 1.8 percent of the NPA's total population of 117,308. The census showed that Downtown - Upper had 1,775 Whites; 48 Blacks; 25 American Indians, Eskimos, and Aleuts; and 10 Asians and Pacific Islanders. Persons of Spanish origin (who may be of any race) numbered 901. Among the 2,135 persons in Downtown - Upper, 15.8 percent, or 338, were under 15 years old and 25.1 percent, or 536, were 65 years and over. The neighborhood's meidan age was 37.5. Among person in Downtown - Upper 15 years and older, 35.2 percent of 847 men and 28.5 percent of the 950 women were married. The median income in 1979 of households in Downtown - Upper was $5,744. The poverty threshold for a four - person family was $7,412. The 1980 census showed that of the 1,168 year -round occupied housing units in Downtown - Upper, 19.1 percent were occupied by owners and 80.9 percent by renters. The census found that about 14.4 percent of the housing units in Downtown - Upper were built in 1970 or later, while 55.6 percent of the housing units were built before 1940. Financial data for Downtown - Upper show that the median value for specified owner - occupied homes was $27,900. 30 Exhlbft 4: Counseling and Trabing rhfs e:ldbft k requb od for an appdcantz Describe the plan for couns&ra p and trak*v homebuyers: (Roger b Section 415 (b)(5)(tv)) Inci rde a description of the topics to be coverad. the rurnber of hornebtryers estimated to be assisted, the schedule for providiN such assistance (tor axwrgle. each hoffw"er will recelve X tr=lnft sessions of X hours before lWe Es t araterred. and X hour. of blo counsearng after traruder). and the providers) of these services, i krrowrt Counseling and Training for 13 homebuyers will be provided by Neighborhood Housing Services of Pueblo and Family Counseling Center. Family Counseling Center, 302 Jefferson, Pueblo, Colorado is a HUD approved Housing Counseling Agency. Counseling and Training will consist of three segments as follows: Segment One Pre - occupancy counseling - This segment will teach potential homebuyers how to meet the responsibilities of homeownership. *Pre - purchase through closing *Rights and responsibilities of homeowners *Foreclosure prevention *HUD assistance program Segment Two Housing consumer education - This segment instruction on home management skills. *Money management *Use of credit *Comparative shopping *Major purchases will provide training and Segment Three Post-occupancy counseling - This potential homeowners to properly *Energy conservation *Home repairs *Painting and decorating *Home maintenance segment will focus on ways for manage and care for their home. Homebuyers will receive pre - occupancy counseling and training segments one and two which will consist of at least three one hour sessions and possibly up to five one hour sessions based on needs of potential homeowner. Homebuyers will also receive counseling and training segment three after occupancy which will consist of the four one hour sessions outlined above. Complete counseling and training program will span an eighteen -month period. ��ee 31 kWM NUD -goo. AMILY ING "FAMILY AIN'T A FOUR LETTER WORD BUT LOVE IS' )2 Jefferson Pueblo, Colorado 81004 544 -4233 March 16, 1992 Mr. John P. Helm, President Pena Helm Enterprises, Inc. 4237 Julian Street Denver, CO 80211 RE: HOPE III PROGRAM Dear Mr. Helm: Family Counseling Center, Catholic Social Service, Inc., the HUD approved Housing Counseling Agency in Pueblo appreciates the opportunity to participate in the HOPE III PROGRAM. Family Counseling Center has been involved in the Consumer Credit Counseling since 1964. We were certified as a HUD approved Housing Counseling Agency in 1969. We realize the importance of consumer counseling as a prerequisite to home ownership and ongoing supportive service. Sincerely, (Rev.) Marvin J ion� Director MJK /sc Encl: Paoe 32 PROVIDING: Psycho-Social Counseling, Consumer Money Management, HUD Housing Counseling, Unplanned Pregnancy Counseling. Adoption A BRANCH OFFICE OF CAT[ini Ir' Snr lAl OPP%M`G ir.in ninrrcor nr FAMILY COUNSELING CENTER 302 Jefferson Pueblo, CO 81004 $35.00 Per hour SESSION I Pre- occupancy counseling - This session will teach potential homebuilders how to meet the responsibilities of homeownership. - Rights and responsibilities of homeowners - Foreclosure prevention - HUD assistance program SESSION II Housing consumer education - This session will provide training and instruction on home management skills. - Money management - Use of credit - Comparative shopping - Major purchases SESSION III Post - occupancy counseling - This session will focus on ways for potential homeowners to properly manage and care for their home. - Energy conservation - Home repairs - Home maintenance Page 33 Exhibit 5: Economic Development ActArfties Complete only a HOPE 3 hinds or matching contributions are being proposed for this acthrfty. Describe the plan for the economic development activities to be provided to the homebuyers. If any. include the number of homebuyers estimated to be assisted, the duration of the program, andthe approximate number of hoursof training to be provided. if the applicant is not directly providing these services, Include a letterof agreement between the applicam and the provider speci- fying the services to be provided and estimating the number of homebuyers to be assisted. The plan must also include (a) a dear statement of how the proposed economic development arziAes directly relate to achiev- ing the goals of the proposed homeownership program and (b) taw the proposed economic deve"xnent activities will promote the sea- suffrdency of homebuyers. (Refer to Section 405 (b)(12) and 415 (b)(19)) Economic Development Activities are not proposed; it is anticipated that all families will have earned income. p 34 brm MuD400" Exhibit 6: Relocation Assistance complete only If any occupied units will be used In the program. .-Describe the relocation assistance plan for families that Includes (1) the approximate number of families and individuals who are expected to choose to move; (2) the number of families and individuals who will be temporarily relocated during rehabilitation; (3) the estimated costs; (4) the source of funding; and (5) the organization that will carry out the relocation if different than the applicant. (Refer to Section 415 (b)(5)(ii)) At this time the Housing Authority of the City of Pueblo does not anticipate a need for Relocation Assistance but reserves the right to introduc.a_a relocation assistance plan in the future, if it becomes necessary. Pape lorm HUW0066 EXHIBIT 7 - ALL OTHER PROPOSED ACTIVITIES FUNDED WITH HOPE 3 FUNDS Eligible Activities: 1. Architectural and Engineering Work ($2,000) It is anticipated that architectural and engineering work may be required on some or all of the city- donated properties. These professional services may be required to prepare architectural plans and drawings, write -ups, specifications and inspections. The projected cost is $2,000. 2. Financial Assistance to Homebuyers ($214,587) To make the purchase affordable, the homebuyer will receive financial assistance in the form of an interest rate buy -down. The typical family gross income of $12,000 will support a monthly payment of $250 PITI. Assuming $75 for taxes and insurance, the family can afford $175 monthly for principal and interest. On a $40,000 first mortgage, the interest rate must be written down to 3% to approximate $175 per month. The present value difference between the market rate and 3% is 16,500 per unit or $214,587 for 13 houses. The experience of the applicant is that the typical family can not afford more than $500 for the down payment and closing costs. Assuming a 3% FHA mortgage down payment, the homebuyer would pay $500 with the balance of $700 paid from the grant. Therefore, $9,100 is budgeted for down payment assistance. All closing costs of $15,600 will be paid from the grant. 3. Administrative Costs ($30,000) The applicant has projected administrative costs at 100 of the HOPE grant funds. The costs are related to developing, implementing and administering this homeownership program. a. Direct Salary Costs: PHA $5 NHS $4,000 b. Indirect Salary Costs: PHA $2,500 NHS $2,500 c. Accounting and Administrative PHA $3,500 Services: NHS $2,000 d. Direct or Indirect Property PHA $1,000 Expenses (Interim Managmnt): NHS $3,500 e. Program Monitoring: $3,000 f. Program Evaluation: $2,000 36 Activities (e) and (f) will be placed under contract with the City of Pueblo's Depaitmsit of Housing and Community Development. The PHA will establish a replacement reserve account for hcmebuyer maintenance emergencies. The fund will be comprised of a cash contribution of $10,000 fr the PHA and $8,000 of grant funds. The $18,000 represents $2,000 per unit for the city donated properti es and $1,000 per unit: for the PEA properties. This level of reserve was estimated by PHA staff after a physical assessmen on the units and based on past expense data. The reserve account will remain in effect for twenty (20) years to protect the hamebuyer. Eligible families in this program may have incomes at 50% of median income. Therefore, the individual's spendable monthly inane will be extremely limited. Without a reserve find, the ho mbuyer may not have the capacity to meet emergency and crisis maintenance problems. After 20 years any remaining balance in the reserve fund will be utilized by PHA to further other housing programs for low- inane families. 5. Iggal Fees ($3,000) It is projected that legal review of documents including lease option agreements, memorandum of understanding, etc., will be necessary. 6. Recipient Trainincx ($10,000) The applicants will contract with the City of Pueblo for training services to be performed by the City's Housing consultant. The training will include, but not be limited to: a. How to conduct a feasibility analysis. b. How to conduct an affordability analysis. c. How to structure financing for hanebuyers. d. How to structure and manage rehabilitation. e. How to structure long -term affordability. f. How to manage and utilize sale proceeds. Page 37 Exhibit 8: Affordability Analysis (if addidonai space is needed for any answer, please attach it to tHs exhibit.) A. Type of Ownership 1. Check the type of ownership interests) that the homebuyers will acquire under the program. (Section 415 (b)(1 4)(i)): ® (a) fee simple ownership (exoept condominum ownership) ® (d) lease /purchase Q (b) condominum ownership Q (a) other forms of ownership (specify type and describe below) Q (c) cooperative ownership (specify M limited equity cooperative) Note: Other forms must be approved by HUD. 2. Lease/Purchase: N applicant proposes to enter into an interim lease/purchase agreement on any or all of the properties to be used by the program, describe :pestle terms of lease and purchase agreement. (Section 715 (b)(1) (u)) It is anticipated that a majority of the homebuyers will acquire their home by fee simple ownership; however, those needing more counseling will enter into a lease /purchase agreement. The eligible family will pay no more than 30% of adjusted income for rent; a portion may be placed in escrow for the down payment or other costs. The term of the agreement will be 12 months and may be renewed not more than once. B. Financing 1. Are units to be sold at fair market value? Yes [X] NoQ 2. What is the anticipated source of the homabuyer's downpaymenl? $500 homebuyer savings $700 HOPE grant funds 3. What are the anticipated sources that will be used to finance the homebuyefs purchase of the unit, other than for the downpay. ment? (Section 415 (b)(11)(i)(B)(2)) Colorado Housing and Finance Authority Mortgage Revenue Bond through a participating lender in its Single Family Program. 4. Have any commitments for financing the homebuyers purchase been provided to the applicant? Yes Q No M Yes, describe source.(Section 415(b)(11)) (Note: Financing commitments are not required at time of program application.) Preliminary discussions have been held with CHFA staff. 5. For programs proposing to utilize FHA insurance, identify the entity, if any, that is expected to provide a loan to the homsbuyar for downpayment. (Section 110 (f) and 415 (b)(14)(iv)) No entity is expected to provide a loan to the homebuyer for a down payment. psae 38 form HUD -400H a InItlal Affordablllty 1. Deevbe in deta8 all techniques proposed for use In this homehownership program which are designed to ensure the homebuyer's initial monthly principal, interest, taxes, and Insurance payments (PITT) do not exceed 30 percent of and are not less than 20 percent of the adjusted income of the family. Include all techniques to be used, such as downpayment assistance, sales pries reduction, below market interest rate (BMIR) bans, temporary or permanent mortgage buydown assistance, and FHA mortgage Insurance. (Section 415 (b)(12)(i)) The applicants have designed the following model. to ensure initial affordability (PITT not to exceed 30% of adjusted income); Eligible families will have a gross - annual income of not less than $12,000. At 30% of adjusted income, that will allow for an approximate monthly payment of $250 for PITI. Assuming $50 per month for taxes and $25 per month for insurance, $175 /month will be available to support debt service. The fair market value of the houses averages $40,000. Financial assistance will be provided to the homebuyer through an interest rate reduction. To achieve a principal and interest payment of $175 a month on a $40,000 mortgage, the interest rate is computed at 3%. The difference between the market rate of 8% and the computed 3% is a present value of $16,500 on a $40,000 mortgage. PITI will not be less than 202 of adjusted income since no eligible familiy can exceed 80% of Pueblo's median income. 2 What is the anticipated average Was price to the horn ebuysrr' (Sadion 415 (b)(14)) S 40,000 3. What Is the anticipated average downpayment. If any, that wit be required of the homebuyer7 $ 500 or 1 % 4. Provide a typical example of a hom'ebuyer's anticipated monthly expenditures under this program below: 1. Mone* Payment by Homebuyer (Do ea kdu& doing cow witu included in emomi pgmm) a.Principal and b. interest S 175 b. interest i wi R a c. Taxes S 50 d Insurance S 25 a. Total (Pm) $ 250 Z Average monthly homabuyer income: t (not to exceed 60% of Medan nrnme) 1,000 A Divide monthly PITI (horn ta) by monthly 25 *% hornebuyer income (lbm 2): z :. (Now: Pm ldeni fied in hem 3 must be no less — than 20% but not more then 30 % of Lire 2) * Note: 25% of gross income equals approximately 30% of adjusted income. Pegs form HUD400ee 39 a .c srj • E C � S . w X 0 4 •Q y t Q C t 4g 752 m .2L s • :3 �r Ew � m m :C gs Ag Pr a cc . f y � L • • C C _C Cs o ; m m 9�E ^8 cp gm� � gs o n � m 2 m ^ N m z E� 5 EN=m i$ V • s` �i ESt� ci a IL r.jK.2 =1 1 cn a t w L P� 3�ac 0 7 a t N O a` of L x W 2 [A P C i a �v iiiii■�i �ii� �ui�a�� i��i�■� 2 [A P C i a Section II - Financial information 41 Exhibit 10: HOPE 3 Program Budget (Applicant must submit this form as part of the application) Enterthe amount of HOPE 3 funds and all other funds proposed for the activities listed below. Sao Section 405 (b) for a description of the HOPE 3 eligible activities and Section 410 (b) for eligible matching contributions. Other contributions necessary to accomplish the homeownership program, but not included in the HOPE 3 funds (column A) or Matching Contributions (columns B and C), should be entered in column D. Page 42 form HUD-40086 (A) (e) (C) (D) (E) Uses of Funds (See Eligible Activibes) HOPE Funds Cash Matching In -Kind Matrhing Other Furls or Total Program Contributions Contributions Contributions 000's 000's 000's 000's 000's 1. Acquisition by Applicant or Donation $ $ S $ $ of Eligible Properties to Applicant 65 ; 500 65,500 2. Closing Costs on Properties Acquired f $ $ $ $ by Applicant —0- 3. Financial Assistance to Homebuyers for Acquisition (a) Interest Rate R eductions $ 214,587 is S $ 214.587 (b) Down Payment Assista I $ 9 100 1 $ S S $ 9 100 (c) Ho mebuyer Clos ing Costs 1 $ 15 1 $ Is Is S (d) (Other - specify) is S S $ $ I � I 4. Rehabilitation of Eligible Properties $ $ J S $ $ !sum of Col, A, S. and C cannot 31 , 000 I 16,000 I I 47,000 exceed $33.500 per unit) I 5. Architectural d Engineering I $ 2,000 ; S !S $ i $ 2,000 6 Relocation of Eligible Families who $ $ $ �$ 1S Erect io Move 7. Temporary Relocation of Homebuyers $ S If 1 $ $ Dunng Rehabilitation 8. Legal Fees (excluding closing costs) $ 3,000 $ I �$ $ 3,000 9 Replacement RLserve $ $ 18,000 1$ IS $ 18,000 10. Counseling d Training of Homebuyers $ 7,000 $ $ i I$ � $ 7 , 000 I 11. Applicant Training S I$ 10,000 l $ $ $ 10.000 12. Economic Development (sum of Col. A + B! $ $ 4 f $ + C clus amount received under panning grant cannot exceed $250,000) _ 13. Cther Activities Is $ $ $ Requiring HUD Approval 14.Other Matching Contnbubons (a) Waived, foregone or deferred taxes, fees, and o ther rha es $ $ $ $ Is $ (b) On -site and off -site Infrastructure $ (c) Debt forgiveness $ (d) Other Donated labor S (e) O ther in -kind matching contributions $ 15.Activioes funded from other contributions $ $ not included above (non -HOPE and non - matching ) 16.Sublotal (Lines 1 through 15) $ 282 2 87 $ 109,500 $ $ $ 391,787 17.Administrative Costs (Col. A + IS + C must $ $ S $ $ not exceed 15% of line /6A. sum of Col. B 30 30.000 and C must not exceed 7% of line 16A) 18.Total Program Costs $ $ Is S S Sum of Column 188 + I SC must equal or 312,287 109,500 421,787 exceed 33% of line 18A. Page 42 form HUD-40086 EXHIBIT 11 - MATCHING AND OTHER CONTRIBUTIONS The Pueblo Housing Authority has committted a $28,000 cash contribution match. (See attached commitment letter). The City of Pueblo has committed to donate three (3) eligible properties and $16,000 non - federal cash match. (See attached commitment letter). Address Fair- Market Value 1. 1516 Cedar :716, 000 2. 105 Lamar Ave. 39,500 3. 712 W. 10th Ave. 10,000 TOTAL: ;65,500 43 U � ED L� City of Pueblo DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT April 7, 1992 Mr. Michael R. Chitwood Regional VIII Administrator U.S. Department of Housing and Urban Development Denver Regional /Area Office, Region VIII Executive Tower - 1405 Curtis Street Denver, Colorado 80202 -2349 Dear Mr. Chitwood: The City of Pueblo strongly supports the HOPE III Application. We have ccmitted three foreclosed properties valued at $65,500. In addition, $16,000 of State Housing Rehabilitation funds will be contributed to the applicants under the HOPE III Program. The City of Pueblo has given Neighborhood Housing Services, Inc. ongoing support through Corrmunhity Development Block Grant. (CDBG) funded monies for homeownership opportunities for low -and moderate irxx>me households. Sincerely, d l-� A-10 Lewis A. Quigley City Manager IAQ /TB /jb Pc Page 44 One City Hall Place P.O. Box 1427 Pueblo, Colorado 81002 -1427 (719) 584 -0830 Fax (719) 580.0844 MGR -31 -1992 10:03 FROM PUEBLO HOUSING RUTHOPT7'.' TO 13C36231138 P.02 w Ib, fto Fe &a. (10R Roar) / Paw*. CO 1tI>fJ3.'A'il6 11 (7" 5444M / A%X (M) 542-M March 26, 1992 Mr. Mike Chitwood Regional Director Region VIII U. S. Department of Housing and Urhaa Development Executive Tower 1405 Curtis Street Deriver, CO 80202 Dear Mr. Chitwood: EXECLMVE DIRECTOR: Jaok Oulnn COMM156K 1AM: Judge Gordon R. Cagw Mr. Robert L. Hawkins Mr. Manual PbuW Mr. Bun WetnOng Ms. Ebabsth IL Wfbon This to to certify that the Bvnsing Authority of the City of Pueblo, Colorsdo, has committed $28 of non - federal YHA funds as part of the total program cost of this HOPE III application. Yours truly, Jack Quinn It'xecutive Director Iv Page 45 HOUSING AUTHORITY of On C ITY OF PUEBLO EYhlbft 12: SAMS and RgaMe Procee4a 1L Those applicants proposing to acquire or We" donations of properties for ;;;to etlgible families waist provide a plan for use 01 prooeeds from such ales. AX applicants must also provide a plan for use of proceeds families may not retain upon mule. kx*jde (1) an esthete of property sale proceeds from initial Aomebuyem. (2) an estimsts of "it proceeds that homebuyers may rot retain upon resale to a vA*a Dery twmebuysr, and (3) All anticipated uses of the 9006 proceeds ani resale proceeds that wrobuyers may not retain as described in Sedans 720 (d) and 72S. (Section 415 (b)(15)) B. Identify who wM be responsble for ensuring that (1) tM sales and nesaief proceeds are collected, (2) they are used for approved purposes after grant dose Out, and (3) amounts due HUD are repaid. Give name and tk$e, full address and telephone number for the grantee official who will be responsible for each of these tasks. Eligible activities or use of funds will include closing costs, down payment assistance, rehabilitation of eligible properties, legal fees, replacement reserve, counseling and training, and administrative costs. 1. The proceeds available to the Housing Authority of the City of Pueblo (HACP) at the time of sale will be used for other eligible housing programs including improvements to properties under the program, business opportunities for low- income families, supportive services relating to the homeownership program, additional homeownership opportunities and other activities as approved by HUD. 2. Resale proceeds that home buyers may not retain, as described in Section 720(d) will be used as indicated in #1 above. 3. The estimate of property sale proceeds from initial home buyers is $400,000. 4. The estimate of sale proceeds that home buyers may not retain as described in Section 720(d) is $25,000. Mr. Jack Quinn, Executive Director, Housing Authority of the City of Pueblo, Colorado, 1414 N. Santa Fe (10th Floor), Pueblo, Colorado 81003, (719) 544 -6230, will be responsible for ensuring that: 1. The sales and resales proceeds are collected. 2. The proceeds are used for approved purposes after grant close out, and 3. Amounts due HUD are repaid. Mr Roberto Alvarado, Assistant Executive Director, will act as his alternate. NHS will utilize their portion of the sale and resale proceeds in the following program areas: 46 NHS Neighborhood Revitalization Programs Neighborhood Housing Services of Pueblo, Inc. is a private, non- profit home improvement program designed to help rebuild target neighborhoods through the stimulation of reinvestment activity and community involvement. The NHS program works to curtail further decline in neighborhoods where the housing stock has begun to show deterioration and lack of maintenance. Based on a working partnership of community residents, representatives of financial institutions, and local government NHS of Pueblo offers comprehensive housing rehabilitation and financial services to neighborhood residents. NHS does not ask any of the three partnership groups to compromise self- interest such as sound underwriting of loans by the financial industry, reasonable public improvements by the local government, or community advocacy on the part of residents. Rather, NHS relies on commitments from its partners to provide the elements necessary for a successful program. COMMUNITY DEVELOPMENT The Northside /Downtown Community Relations Committee (CRC) consists of concerned residents from throughout the neighborhood. Open to any resident of the Northside /Downtown, the CRC meets monthly to discuss issues and plan activities of direct interest to the neighborhood. Current projects include the Problem Properties Campaign, E1 Pueblo Pride Park Neighborhood Festival, and Project Self- Reliance. HOME OWNERSHIP PROGRAM In an effort to increase the level of home ownership in the neighborhood, NHS seeks to match prospective home buyers with available homes in the area. A variety of services are available to persons interested in purchasing a home in the neighborhood. These services include on -site consultation to determine needed repairs, detailed write -up of construction specifications and cost estimates, contractor referral and contract negotiation assistance, finance consultations, and a revolving loan fund for applicants who have not been able to secure conventional loans. HOME IMPROVEMENTS Residents of the Northside /Downtown Neighborhood who wish to improve their homes can take advantage of NHS services such as inspection evaluation and specification writing, contractor referral, construction monitoring, financial counseling, loan referral, as well as self -help and conventional loan packaging. Page 47 HOME ENERGY AND MAINTENANCE AUDIT NHS provides this program to neighborhood residents free of charge. This service consists of a complete inspection evaluation and specification write -up by NHS SIs own construction specialist. Other services of this program include contractor referral and construction monitoring. OPERATION LANDSCAPE This ongoing project makes landscaping affordable for neighborhood residents through matching grants and low interest loans. Landscaping projects include tree removal, trimming, and purchase as well as the replacement of damaged public sidewalks. NHS also provides a garden tool lending library as well as youth volunteers for yard work. PHASE I & II NEIGHBORHOOD PARK E1 Pueblo Pride Park was dedicated on October 24, 1990 by Colorado Governor Roy Romer. NHS was the lead agency in coordinating the efforts of many agencies, institutions, and individuals as well as providing technical assistance in the development of the neighborhood park as part of the revitalization of the Northside /Downtown Neighborhood. The park is the proposed site of an annual E1 Pueblo Park Neighborhood Festival. OPERATION PAINTBRUSH Volunteers from throughout the City of Pueblo gather every year to paint houses for elderly and low income neighborhood residents in order to beautify the neighborhood and preserve property values. Paint and labor are donated by various businesses, civic organizations, and individuals. Since its inception in 1981, NHS has painted ninety -nine homes in its target neighborhoods as a result of Operation Paintbrush. OPERATION CLEAN -UP This annual event involves the voluntary efforts of neighborhood residents, businesses, and individuals from throughout the city in a program designed to rid the neighborhood of unsightly refuse. Operation Clean -Up results in the collection of approximately 3,500 cubic feet of trash. Page 48 Section III - Other Selection Factor Information 49 Exhibit 13: I.ccal Support A. Describe any evidence of commitment from the local government to support the program not previously listed, such as the provision of supportive services (including counseling and training), rehabRation loans or grants, etc. (Section 425 (a)(2)(D) B. Describe any evidence of commitment of the local community to the program (including churches, barks, neighborhood or community organizations) rot previously listed (Section 425 (a)(2)(1)) If commitments have been obtained from either the local government or the local community, agach any available evidence of the commGment(s) (if not provided elsewhere with this application). The City of Pueblo through its Department of Housing and Community Development currently administers the Pueblo Urban Homestead Program. Under this program, the Colorado Housing Finance Authority (CHFA) has provided for the Pueblo target area approximately $900,000 in CHFA first (1st) mortgage FHA 203(K) funds. If need be, the City of Pueblo can provide HOPE III applicants with access to rehabilitation loans or grants for both acquisition and rehabilitation. Universal Lending Corporation, the FHA loan processor, will provide any assistance needed. In addition, the City of Pueblo through the CDBG program provides annual grants for operation of the Neighborhood Housing Services, Inc. (NHS) . The amount awarded to NHS for 1991 was $52,900 and the proposed amount for 1992 is $59,900. To reiterate, the city of Pueblo will donate 3 city -owned houses to the HOPE III program. Additionally the city will donate a $16,000 non - federal cash match. p 5 0 &XM "UP-400e Exhibit 14: Long Term Affordability Plan Describe what measures will betaken to ensure the continued affordability by the homebuyers of their properties.The plan should We into account the costs of operating and maintaining the property after the homebuyefs purchase. If energy conservation Improvements are to be provided, include a description of these improvements here.(Section 415 (b)(12)(ii) and Section 425 (a)(3)( The continued affordability to the homebuyer is ensured by the interest rate buy -down (3z mortgage). The principal and interest will remain fixed for the 30 -year term of the mortgage. Assuming the homebuyer's income increases over time, the principal and interest represents a smaller percentage of their income. Additionally, a reserve fund will be established for maintenance emergencies. Page brm HUD40036 51 Exhibit 15: Relationship to Comprehensive Housing Affordability Strategy (CHAS) Not applicable to Indian tribes or IHAs Provide a statement as to whether the proposed homeownership program has been included as one of the general priorities in Section Ii, Part 3, of the appropriate jurisdiction's CHAS, pursuant to Section 105(b)(7) of the National Affordable Housing Act. If the proposed program would be carried out in more than one jurisdiction, include a statement regarding each applicable jurisdiction. (Section 425 (a)(4)) The Comprehensive Housing Affordability Strategy (CHAS) on Page 24, summarizes a 1987 HUD profile of Pueblo County, whereby, a single - family, 864 square foot 3- bedroom home is not affordable to 41% of Pueblo County residents whose income is below $19,800. For these reasons, the priority of increasing first -time homeownership is a priority under Section 11 of the CHAS. Page 52 I tormHUD -40086 Exhibit 16: Minority Business Enterprise and Women -Owned Business Enterprise Describe the applicant's commitment to promoting the use of minority business enterprises and women owned businesses. Indicate whether the applicant has used such businesses in the past, and/or describe specific affirmative steps it will take to en- sure that such businesses have an equal opportunity to compete and obtain contracts. (Section 425 (a)(6)) For Indian tribes or IHAs, describe the applicant's commitment to promote the use of minority business enterprises and women - owned businesses consistent with, but not in derogation, of the Indian Self- Determination and Education Assistance Act. The Housing Authority of the City of small minority business enterprises In the past, the HACP has: Pueblo strongly supports and promotes and women owned business opportunities. 1. Successfully awarded contracts to minority owned businesses such as Bravo Trash Removal Services, by encouraging minority business participation in the bidding process. 2. Successfully requested Requests for Proposals from minority owned businesses such as the Nelson Rodriguez Consultant Services firm for the preparation of the HACP Comprehensive Grant Plan. when the cost Is fair and reasonable. 3. Successfully contracted various minority businesses to perform construction work by splitting large construction projects so that small minority businesses will meet the bonding requirements 4. Successfully entered contracts with minority public housing residents to perform ,janitorial, routine maintenance, and extraordinary maintenance work. 5. Encourages subcontracting of work to minority businesses from General Contractors who bid large construction projects with the Housing Authority. The HACP will continue to provide expanded opportunities for minority and women owned businesses. P�^p sa IormHUD -40066 Exhibit 17: Fair Housing Choice Not applicable to applications submitted by Indian tribes or IHA's HUD will assess the degree to which the applicant's proposal furthers fair housing choice. Fair housing choice means the ability of persons regardless of race, color, religion, sex, handicap, familial status or national origin of similar income levels, to have available to them the same housing choices and opportunities to buy in a variety of neighborhoods. Describe how the program will further lair housing choice in the community through (a) the affirmative fair housing marketing strategy, submitted as part of Exhibit 1 (B) of the application, and/or (b) the selection of the neighborhood(s) in which the program will be carried out. (Section 415 (i)(B) and Section 425 (a)(9)) In accordance with the affirmative fair housing marketing strategy submitted as part of Exhibit 1 of this application, the HACP will: 1. Screen all current residents who occupy low -rent housing to determine which residents have the financial capacity to handle the anticipated cost of home - ownership and are the least likely to apply for the program without special outreach. 2. Screen all current certificate and voucher program participants in conformance with 1., above. 3. Interview all residents who appear to be eligible for the program to determine if they are interested in home - ownership. 4. Determine: a. First -time home buyer, displaced individuals, and single parents who owned a home when they were married. b. Which interested families are credit worthy. 5. Provide direct counseling and training relative to home - ownership, budgeting, etc. Also, under the Community Development Block Grant (CDBG) regulation at 24CFR 570.904. the City of Pueblo conducted an analysis of fair housing impediments and under its Fair Housing Strategies Plan took action designed to address the conditions identified as limiting fair housing choice. This HOPE application /program will provide for the implementation of the New Horizon's program between HUD and the City of Pueblo, and further help toward the New Horizon's goals: A. Participation of voluntary partnerships to promote fair housing. B. Site selection policies along with encouraging financial institutions to provide financial, technical assistance to the Neighborhood Housing Services' area which is predominantly low- and moderate - income. Page 54 -- form HUD4DOSS Exhibit 18 - Replacement Housing Plan The Pueblo Housing Authority will submit an application for 10 units of low -rent public housing to replace the 10 units that are subject to this HOPE 3 application. The Housing Authority will submit the low -rent public housing application concurrently with this HOPE 3 application for HUD review. The application is for 10 units of new construction. The Authority will comply with all applicable development rules and regulations. 55 Exhibit 19 - Evidence of Submission of 5(h) Application April 17, 1992 Department of Housing and Urban Development Regional Office 1405 Curtis St., Floor 28 Denver, CO 80202 Attention: Mr. Michael Chitwood Section 5(h) Transmittal Dear Mr. Chitwood: The Pueblo Housing Authority respectfully submits this Section 5(h) Application to comply with the HOPE 3 Program Guidelines Section 415 (b) (8) . The Pueblo Housing Authority is proposing to sell 10 single - family dwelling units in Colo 2 -18 and Colo 2 -20 to public housing residents in the HOPE 3 program. The specific unit selection will occur as the HOPE 3 program is implemented. This application has been prepared to comply with all applicable requirements in 24 CFR Part 906. Further program details can be referenced in the HOPE 3 Implementation Grant submitted by the Pueblo Housing Authority and the Neighborhood Housing Services. The proposal has been prepared to meet HUD criteria including: 1. Practical workability 2. Consistency with applicable laws and regulations 3. Clear homeownership plan The Replacement Housing Plan anticipates that the 10 single - family dwelling units to be sold will be replaced with 10 units of new construction, low -rent public housing. The PHA is concurrently submitting to the Regional Office a development application for review. Please contact this office or Roberto Alvarado, Assistant Executive Director, as necessary. Sincerely yours, Jack Quinn Executive Director Enclosures JQ /dp 56 Exhibit 20 - IdHS Board Resolution NEIGHBORHOOD HOUSING SERVICES RESOLUTION HOPE 3 PROGRAM APPROVAL WHEREAS, the U.S. Department of Housing and Urban Development has issued a Notice of Fund Availability for the HOPE 3 Program to provide homeownership opportunities to low- income families; and WHEREAS, the City of Pueblo and the Pueblo Housing Authority have initiated an application in response to the Notice of Fund Availability; and WHEREAS, the Neighborhood Housing Services was invited to participate as a cooperating, non - profit organization; and WHEREAS, the HOPE 3 Program is compatible with the goals, objectives and program activities of the Neighborhood Housing ;Services; and WHEREAS, the Pueblo Housing Authority and Neighborhood Housing Services have prepared a Memorandum of Agreement; and WHEREAS, Neighborhood Housing Services has certified itself to be a 501 (c) (3) non - profit organization with a voluntary board of directors; NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of Neighborhood Housing Services approves the Memorandum of Agreement between the Pueblo Housing Authority and Neighborhood Housing Services and desires to be the co- applicant for a HOPE 3 implementation Grant application to be submitted to the U.S. Department of Housing and Urban Development on April 17, 1992. Pa- e 57 RESOLUTION NEIGHBORHOOD HOUSING SERVICES OF PUEBLO, INC. 825 No. Greenwood Pueblo, CO 81003 At a meeting of the Board of Directors of Neighborhood Housing Services of Pueblo, Inc. duly called and held on April 7, 1992 at which meeting a quorum was present, the following resolution was unanimously adopted. }resolved, that the Board of Directors of Neighborhood Housing services approves the Memorandum of Agreement between the Pueblo Housing Authority and Neighborhood Housing Services and desires to be the co- applicant for a HOPE 3 implementation Grant application to be submitted to the U. S. Department of Housing and Urban Development on April 17, 1992. 1 hereby certify that the above resolution was adopted at a meeting of the Board of Directors of Neighborhood Housing Services of Pueblo, Inc. held April 7, 1992, and are incorporated in the minutes of the meeting and are still in full force and effect. Attiest: Secretary Dated Page 58 MINUTE EXTRACTS Extracts from minutes of the Regular Meeting of the Housing Authority of the City of Pueblo held on April 16, 1992. The meeting convened at the place, hour and date duly established for the holding of such meeting. Chairman Rosales presided, Upon roll call, the following Commissioners were either present or absent, as named: PRESENT: Mr. Rosales, Mr. Hawkins, Ms. Wilson, Mr. Weindling, and Judge Cooper. ABSENT: None Also Present were: Jack Quinn and Roberto Alvarado There being a quorum present, the following business was transacted: The following Resolution was introduced by Mr. Weindling and seconded by Judge Cooper: Resolution No. 1407 After full discussion, a Roll Call Vote was taken, indicating that the Resolution was adopted by the Commissioners as follows: AYES Mr. Rosales, Mr. Hawkins, Ms. Wilson, Mr. Weindling, and Judge Cooper. NAYS None The Chairman thereupon declared said motion carried and said resolution adopted. There being no further business to come before the meeting, upon motion duly made and seconded, the meeting was adjourned. * * * * * * * * * * * * * * CERTIFICATE I, Jack Quinn, the duly appointed, qualified and acting Secretary of the Housing Authority of the City of Pueblo, do hereby certify that the above Extract from Minutes of the Regular Meeting of the Local Governing Body, held on April 16, 1992, is a true and correct copy of the original Minutes of said meeting on file and of record insofar as they relate to the matters set forth in the attached extract, and I do further certify that each Resolution appearing in such Extracts is a true and correct copy of a Resolution adopted at said Meeting and on file and of record. IN TESTIMONY WHEREOF ��I--}} have hereunto net my hand and the Seal of said Housing Authority this day of , 19S2 59 Secretary T (SEAL) • RESOLUTION NO. 1407 WHEREAS it is the desire of the Board of Commissioners of the Housing Authority of the City of Pueblo, Colorado, to participate in the HOPE 3 Program; BE IT RESOLVED by the Board of Commissioners as follows: 1) That the Board approves the Memorandum of Agreement between the Housing Authority of the City of Pueblo and the Pueblo Neighborhood Housing Services, Inc. (NHS); 2) That the Authority be a co- applicant for the HOPE 3 Program with the NHS and that staff be authorized to submit the appropriate application forms for participation in the HOPE 3 Program. .1