Recommendations for Housing Stability Council Projects - February 7, 2020
The Recommendations for Housing Stability Council Projects on February 7, 2020 include resources for large-scale developments, veterans' housing initiatives, NOFA applications, scoring criteria, and project allocations. The focus is on enhancing housing stability through a variety of incentives and set-asides, with an emphasis on diversity, equity, and inclusion in housing projects.
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Gap NOFA Project Recommendations Housing Stability Council February 7, 2020
Todays Presentation Resources Statewide Housing Plan Connections NOFA applications NOFA recommendations Motion for consideration
Resources Large Scale New Development with 4% LIHTC Leverage o $5 million Gap o $1 million in Veterans Gap o $10 million OAHTCs Small Projects; $10 million o $7 million Gap & $2 million in Veterans Gap Rural o $3 million Gap & $1 million in Veterans Gap Urban o $3 million in Veterans Gap o $5 million OAHTCs
Resources Veterans GHAP Funded through the Document Recording Fee (DRF); Initially passed in 2009 In 2013 the DRF was increased and a 25% set-aside for Veterans was established; Veterans NOFAs issued every other-year In 2018 the DRF was tripled; continuing a 25% set-aside for Veterans: Veterans NOFAs to be issued annually Veterans GHAP offerings: 2015 NOFA: funded two veterans projects with 28 units 2017 NOFA: funded five veterans projects with 75 units note: since 2015 OHCS has funded 16 projects with veteran unit set-asides 2019 NOFA: programmed into this Gap NOFA, recommending funding six projects with a Veterans set-aside
Scoring & Statewide Housing Plan Connection Diversity Equity and Inclusion Agreement, requirement MWESB, requirement Culturally Specific / Responsive Partnerships incentive Opportunity Areas incentive Veteran unit incentive Transit Oriented Development incentive Extremely Low Income unit incentive Family Sized Unit incentive Subsidy leverage incentive Tribal-sponsored project incentive Agricultural Worker set-aside incentive Capacity Building Collaboration Asset Building Opportunities incentive
NOFA Applications Received 14 proposals with 797 units; Recommendation for 10 projects with 435 units. Large scale new development Applications: Four proposals requesting for 619 units Recommendations: Two projects with 316 units; one project serving Veterans Rural Small scale new or preservation projects Applications: Four proposals for 53 units Recommendations: Three projects, 29 units, all serving Veterans Urban Small scale new or preservation projects Applications: Six proposals for 125 units Recommendations: Five projects, 90 units, 4 projects serving Veterans
NOFA Recommendations Large Projects Total Units 138 178 Project based Rental Assistance Project Name 115th at Division River Place Phase 2 City Portland Portland Target Population Family, Homeless Family, Homeless, Veterans 0 15 Small Rural Projects Total Units 11 Project based Rental Assistance Project Name Blackberry Hill Apts Bridgeway Apts Veterans' Village Union County City Toledo Klamath Falls Severe persistent mental illness, Homeless Veterans La Grande Homeless Veterans Target Population Homeless Veterans 0 0 0 8 10 Small Urban Projects Total Units 15 13 20 16 26 Project based Rental Assistance Project Name Douglas Fir Apts HART/Levens for Homeless Veterans Portsmouth Commons Stewart Avenue Apts Village at Washington Square City Portland Dallas Portland Medford Tigard Target Population Severe persistent mental illness, Homeless Veterans Homeless Veterans Homeless Veterans Homeless Veterans Families 0 13 16 15 0
Motion for Consideration 115that Division in Portland; $1,251,340 in Gap Blackberry Hill Apartments in Toledo; $1,627,500 in Gap Bridgeway Apartments in Klamath Falls; $1,279,619 in Gap Douglas Fir Apartments in Portland; $1,157,500 in Gap HART / Levens for Homeless Veterans in Dallas; $2,055,000 in Gap Portsmouth Commons in Portland; $2,355,000 in Gap River Place 2 in Portland; $1,517,239 in Gap Stewart Avenue Apartments in Medford; $1,585,000 in Gap Veterans Village in La Grande; up to $1,486,500 in Gap Village at Washington Square in Tigard; $1,675,000 in Gap
