Download 02-CFDCNOFA-020925.pdf

Contents : Texas Department of Housing and Community Affairs HOME Investment Partnerships Program Notice of Funding Availability FY 2002 Contract For Deed Conversion Cycle The Texas Department of Housing and Community Affairs (Department) announces the availability of $2 000 000.00 for the HOME Investment Partnerships Program 2002 Contract for Deed Conversion (CFDC) funding cycle. The availability and use of these funds is subject to the State regulations and the Federal HOME Final Rule governing the HOME program (24 CFR Part 92). ALLOCATION OF HOME CFDC FUNDS The CFDC funds will be awarded based on a competitive basis and must serve colonia residents who live within 150 miles of the Texas-Mexico Border. Eligible HOME CFDC activities include: Contract for Deed Conversions Eligible homeowners must be permanent residents of the United States. The property must be located in a colonia as defined in Section 2306.581 Texas Government Code. The definition of a colonia means a geographic area located in a county some part of which is within 150 miles of the international border of this state and that has a majority population composed of individuals and families of low income and very low income based on the federal Office of Management and Budget poverty index and meets the qualifications of an economically distressed area under Section 17.921 Water Code or has the physical and economic characteristics of a colonia as determined by the department. The Department will score and rank applications with the highest scoring applicants being recommended for funding. Eligible Applicants The Department provides HOME CFDC funding from the federal government to eligible recipients: Units of General Local Government Public Housing Agencies Non-profit Organizations For-profit Entities Under the HOME CFDC Program the Department provides loans or grant funds to eligible recipients for the provision of housing to low very low and extremely low-income colonia residents. The following are eligible activities: acquisition (costs related to the prepayment of existing contract for deeds and costs related to the conversion). acquisition and rehabilitation (minor rehabilitation costs associated with bringing the home up to Colonia Housing Standards). Application Procedures Final Filing The TDHCA HOME Application Guide will be available on the Department s website at www.tdhca.state.tx.us on September 20 2002 under What s New or you may call 512-475-3109 to request an application copy on or after September 23 2002. Deadline date for submitting an application is 5:00 p.m. on November 18 2002. If the application is hand-delivered to the HOME Program office at 507 Sabine Suite 900 Austin Texas the application must be delivered by 5:00 p.m. on November 18 2002. If the application is mailed the mailing package for the application must be postmarked no later than midnight on November 18 2002 and received at the Department within three (3) calendar days of the respective deadline. If the application is sent through a private carrier such as Federal Express or Airborne the application must be received by the carrier no later than midnight on November 18 2002 and received by the HOME Program no later than the day after the respective deadline. Applications that do not meet the filing deadline requirements will be returned to the applicant and will not be considered for funding. Applications must be on forms provided by the Department they cannot be altered or modified and must be in final form before submitting them to the Department. Applications will not be accepted by facsimile. Applications mailed via the U.S. Postal Service must be mailed to: Texas Department of Housing & Community Affairs HOME Program P.O. Box 13924 Suite #900 Austin Texas 78711-3941 Physical Address: 507 Sabine Suite #900 Austin Texas 78701 After the application deadline Department staff may contact applicants to ask the location of specific information in the submitted application. In addition the Department may at its sole discretion request a clarification of information provided that such information does not affect the competitive rating and ranking of the application or improve the substantive quality of the application. No information whether written or oral will be accepted if the provision of such information would result in a competitive advantage to the applicant or a competitive disadvantage to other applicants. This NOFA does not include the text of the various applicable regulatory provisions that may be important to the HOME CFDC Program. For proper completion of the application the Department strongly encourages potential applicants to review the State and Federal regulations and to attend the application training workshops. Application Workshops The Department will present one day HOME CFDC Application Workshops that will provide an overview of the HOME Program and exclusively address the CFDC issues app

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