1 / 23

Permanent Local Housing Allocation (PLHA) Program – Draft Guidelines Overview

Overview of the Permanent Local Housing Allocation (PLHA) Program, which provides financial assistance to local governments for housing development projects and programs. The guidelines implement and interpret Senate Bill 2, Chapter 364, Statutes of 2017.

beatrizd
Télécharger la présentation

Permanent Local Housing Allocation (PLHA) Program – Draft Guidelines Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Permanent Local Housing Allocation (PLHA) Program – Draft Guidelines Overview Presented by: Moira Monahan & Imaez Wahid

  2. Senate Bill 2 (Chapter 364, Statutes of 2017) • Part of a 15-bill housing package aimed at addressing California’s housing shortage and high housing costs; • Imposed a $75.00 fee on real estate recordation transactions; • Created Building Homes and Jobs Trust Fund; • Established permanent ongoing source of funding for affordable housing development.

  3. Senate Bill 2 – Ongoing Funding Allocation • 30 percent of the moneys collected on and after January 1, 2019, is allocated for the following: • 5 percent for State incentive programs; • 10 percent for Farmworker housing; • 15 percent to California Housing Finance Agency.

  4. Senate Bill 2 – Ongoing Funding Allocation • 70 percent of the moneys collected on and after January 1, 2019, is allocated for the Permanent Local Housing Allocation (PLHA) program • PLHA program – Provides financial assistance to local governments for housing development projects and housing-related programs to assist in addressing the unmet housing needs for their local communities.

  5. Purpose & Scope • PLHA program guidelines: • Implement, interpret, and make specific Chapter 364, Statutes of 2017 (SB 2, Atkins) as authorized by HSC Section 50470; • Establish terms, conditions, and procedures for local governments to submit applications to the Department for funds from the PLHA program.

  6. Program Funding Allocation Three allocation components of the PLHA program are: • Entitlement formula component per HSC 50470(b)(2)(B)(i)(I); • Non-entitlement competitive grant program component per HSC 50470(b)(2)(B)(i)(I); • Non-entitlement formula component per HSC 50470(b)(2)(B)(i)(II)

  7. Program Funding Allocation 70 percent of the moneys collected on and after January 1, 2019, will be allocated to local governments through the following:

  8. Program Funding Allocation

  9. Permanent Local Housing Allocation PLHA program guidelines are divided into five articles: • General provisions • Program funding • Formula allocation component • Competitive allocation component • Administration

  10. Eligible Activities for Formula Allocation

  11. Eligible Activities for Formula Allocation

  12. Eligible Activities for Formula Allocation

  13. Threshold Requirements for Formula Allocation • Housing Element and APR • A Plan detailing • Use of funds for eligible activities, dollar amount and number of households per activity; • Evaluation of the needs of households at or below 60 percent AMI; • May be for a term of up to five years;

  14. Eligible Activities for Competitive Allocation • Development of new multifamily rental housing that is Affordable to households at or below 60 percent of AMI; • Substantial rehabilitation of multifamily rental housing that will be Affordable to households at or below 60 percent of AMI, but which is not currently restricted as Affordable housing; • Assistance to persons experiencing or At risk of homelessness, including: rapid rehousing; rental assistance, or navigation centers; new construction, rehabilitation, or preservation of permanent or transitional rental housing

  15. Selection Criteria for Competitive Allocation Applications for the non-entitlement competitive allocation will be evaluated using the following criteria (100 points) Priority Points – 25 points

  16. Selection Criteria for Competitive Allocation Evaluation Criteria—Maximum of 75 points

  17. Deadlines and Funding Requirements for Formula Allocation • Standard Agreement required within 22 months; • Disbursement within 58 months; • If deadlines are not met; funds revert to Housing Rehab Loan Fund; • 100 percent disbursement permitted after Standard Agreement.

  18. Questions/Comments/Feedback • 30-Day Public Comment Period ends on June 5, 2019, at 5:00 p.m. • Please send your questions/comments/feedback to PLHA@hcd.ca.gov

  19. Stay in the know: Sign up for HCD email at www.hcd.ca.gov

  20. Stay in the know . . . Follow HCD on social media Like us on Facebook: /CaliforniaHCD Follow us on Twitter: @California_HCD Follow us on LinkedIn: /company/californiahcd

  21. Join Team HCD HCD values diversity at all levels of the department and is committed to fostering an environment in which employees from a variety of backgrounds, cultures, and personal experiences are welcomed and can thrive. We believe the diversity of our employees and their unique ideas inspire innovative solutions to complex housing challenges. Join us and help improve the lives of all Californians. To find jobs at HCD:1. Visit: jobs.ca.govand click “Advanced Job Search.”

  22. Join Team HCD 2. In Department box, type: “Housing and Community Development”

  23. Join Team HCD New to state service? Don’t worry. You can view the step-by-step process on jobs.ca.gov.

More Related