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
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❑ 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
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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
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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
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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
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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