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Summary of the Housing Allowance/Rent Supplement Program

Summary of the Housing Allowance/Rent Supplement Program. December 13, 2005. Program Summary. Hastings County can obtain funding for up to 60 housing allowances Average of $210/month/unit Total of $756,000

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Summary of the Housing Allowance/Rent Supplement Program

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  1. Summary of the Housing Allowance/Rent Supplement Program December 13, 2005

  2. Program Summary • Hastings County can obtain funding for up to 60 housing allowances • Average of $210/month/unit • Total of $756,000 • $210/month provides assistance to low-income households (e.g.. Rent of $600/month: We pay $210; tenant pays $390) • Better than paying full market rent but not as “affordable” as rent geared-to-income (RGI) • Currently have a waiting list for landlords interested in rent supplement program

  3. Mandatory Requirements • Maximum 5-year term • Households must be on, or be eligible to be on, social housing waiting list; no requirement to house victims of violence in priority • 6 units dedicated to Violence Against Women targets • 54 remaining units “open”, but we can select special designations (working poor, OW/ODSP) • Households receiving RGI housing not eligible • Must meet Household Income Limits (HILs) • [get examples of HILs]

  4. Mandatory Requirements • Rent cannot exceed CMHC average market rents • Payments flow to landlords • Housing allowance Take-Up Plans must be submitted to receive funding • May be stacked with AHP Capital program

  5. Program Flexibility • Service Managers (SM’s) can decide if applicant retains placement on waiting list • Amount of housing allowance per household may vary (i.e., can provide $210 for all tenants or can be higher for some and lower for others) • Agreement terms with landlords can vary (1-5 years)

  6. Administration Fees • $15/unit/month ($900/month or $10,800/year) • 1/3 of administration fees • Before units are occupied • Paid when MAH approves Housing Allowance Take-Up Plan and signs agreement with Hastings County • Based on # of units ($300/month) • Full $15/unit/month once agreement signed with landlord

  7. Take-Up Plans • Outlines details of how program will be delivered • Get units • Move people in • Who will be housed and how • Must be sent to MAH no later than March 15, 2006

  8. Next Steps • Review details set out in guidelines • Decide where units should be and size of units required (most likely one bedroom units in Belleville and Quinte West) • This can be vetted through the community via the Affordable Housing Action Network

  9. Next Steps • Decide on some of the options for Service Managers • Still eligible to be on the RGI waiting list? • Any specific targets other than violence against women? • $210/month for everyone or have a variance? • When to test income

  10. Next Steps • Recruit landlords • Determine unit allocations by year and when full take-up of all 60 units is expected • Determine quarterly expenditures until full take-up is complete • Determine if Hastings County is interested in more units, if available • Determine phase out plan

  11. Important Dates • March 15, 2006 – Last day to submit Take-Up Plan • April 2006 – Reallocation of unused funds • March 2008 • Deadline to have all units committed • Reallocation of uncommitted funds to Capital pool • March 31, 2013 – End of claims for program funding

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