Affordable Housing Programs Update January 2023 and Policy Changes
Stay updated with the latest information on HOME and HTF funding for FY 2023, upcoming rule changes under the HOME Reform Initiative, and other HUD rulemakings affecting affordable housing. Learn about the impact of the Violence Against Women Act Reauthorization on HOME and HTF programs and more. Keep informed to navigate the evolving landscape of affordable housing policies.
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Presentation Transcript
Office of Affordable Housing Programs Update January 2023
HOME and HTF Funding FY 2023 HOME Funding - $1.5B (same as FY 22) President s Request: $1.95 billion House: $1.675 billion; Senate: $1.725 billion PJ allocations will be announced in late February FY 2023 HTF Funding FY 2022 amount available to allocate was $748,948,399.71 (including 2021 rescission) Expect decrease for FY 2023; further decrease for FY 24 2
HOME Reform Initiative HOME Rulemaking White House Housing Supply Action Plan OAHP is currently drafting proposed rule making changes HUD has previously identified these topics in OMB Semi-Annual Agendas CHDOs Community Land Trusts HOME Rents Property Standards HUD completed comprehensive review of statute and current regulations Publication expected in 2023 3
Other HUD Rulemaking Housing Opportunity Through Modernization Act (HOTMA) Final Rule Proposed Rule Published on September 17, 2019 Final Rule expected to be published shortly Makes changes to Part 5 Annual Income and Adjusted Gross Income, Some of which will affect HOME and HTF OAHP will issue guidance and provide training for HOME and HTF CPD Income Calculator will be updated 4
Other HUD Rulemaking National Standards for Physical Inspection of Real Estate (NSPIRE) Final Rule Final rule expected to be published in 2023 Will have some effect on HOME and HTF projects State and local housing quality standards apply to HOME and HTF OAHP will publish a Federal Register Notice outlining how NSPIRE applies to HOME and HTF 5
Other HUD Policymaking/Rulemaking Violence Against Women Act Reauthorization (VAWA) On 1/4/23, HUD published Federal Register Notice providing implementation guidance and requesting public comment Comments due March 6, 2023 HOME and HTF are covered housing programs Additional guidance and/or rulemaking, notice, forms, templates will be required to fully implement VAWA for HOME and HTF Look for additional program-specific updates from HUD this year 6
Other HUD Policymaking/Rulemaking Build America Buy America Provision of Infrastructure & Jobs Act Domestic content procurement preference for iron, steel, manufactured products, and construction materials used in covered infrastructure projects funded with Federal financial assistance obligated after May 14. 2022 Includes construction, rehabilitation, maintenance, and repair HUD is undertaking phased implementation of BABA provision Currently, BABA applies to iron and steel used in CDBG infrastructure/housing projects funded with FY 2023 grants above de minimis thresholds Waiver issued implementing de minimis threshold exempting: Infrastructure projects that cost less than $250,000 Federal grants less than $250,000 7
Recent HOME Guidance HOMEfires 17-1: Revising extended periods of affordability once the minimum period has been completed (January 2023) CPD Notice 22-11: Implementing Risk Analyses for Monitoring CPD Grant Programs in FY 2023 (October 2022) 9
HOME Risk Analysis CPD has already performed risk analysis for FY 2023 monitoring CPD Rep Scored Subfactors Data Driven Subfactors Involuntarily terminated activities Infrequent Draw for 12 Months or More Average # years commitment to completion OIG or Single Audit findings & resolution CPD monitoring findings & resolution Final draw for 120 days or more Allocation Years Unexpended Repayments PJ staff capacity Reporting quality Local political issues, media exposure, or citizen complaints 10
Upcoming HOME Guidance Revision to Consortium Notice (CPD 13-02) Revision to New PJ Designation Notice (CPD Notice 06-05) Revision to HOME Match Notice (CPD-97-03) New - HOME Grant Closeout Notice IDIS Closeout Module for HOME, HTF, and HOME-ARP will become operational in late March OAHP will conduct a webinar when modules go live 11
HOME Technical Assistance Opportunity Zones and the HOME Program Webinar (July 11, 2022) Companion guide Using HOME and HTF Funds within Opportunity Zones HOME Homebuyer Program training series 6-week series for HOME PJs providing homeownership assistance Local PJ cohorts to promote peer learning, cross-collaboration to address local issues Ensures PJs understand key regulatory requirements related to designing HOME homebuyer assistance programs Includes required reading, live webinar sessions, prerecorded training content, peer-to- peer discussion forums, case studies, and other exercises Completed cohorts in Los Angeles and San Francisco in 2022 More deliveries expected in 2023; Registration announced through Field Office 12
HOME Program Performance Concerns 2015 HOME grants expire this September (2023) PJs not committing funds are at risk of losing funds - even committed funds - to expiration Unexpended/Uncommitted: Year Unexpended 2015 $29,241,580 Uncommitted $22,831,152 2016 $65,850,831 $47,965,950 13
HOME Program Performance Concerns Slow commitment of HOME funds Allocation Years Uncommitted: National avg. = 2.14 years 184 PJs with 2 3 years of allocations uncommitted 108 PJs with 3 4 years of allocations uncommitted 38 PJs with 4 5 years of allocations uncommitted 3 PJs with > 5 years of allocations uncommitted 14
HOME-ARP 15
HOME-ARP Allocation Plan Deadline CPD Notice 22-13: Revisions to HOME-ARP Allocation Plan Requirements and Final Submission Deadline for all HOME-ARP Allocation Plans Establishes March 31, 2023, submission deadline Failure to submit will result in PJ forfeiting HOME-ARP allocation Establishes reallocation procedures FAQs on Notice 16
HOME-ARP Guidance/Training/Tools Allocation Plan Template (including annotated version) Field Office Review Checklist Common Issues in PJ Allocation Plans FAQs Public Participation Video FAQ Housing Production Goal Worksheet and Video FAQ Submitting Your HOME-ARP Allocation Plan in IDIS Tutorial Understanding HOME-ARP Preferences Referral Methods, and Allocation Plan Requirements Webinar (5/17/22) Recording and Slides Preferences, Limitations, and Referral Methods Policy Brief 17
HOME-ARP Technical Assistance HOME-ARP Allocation Plan Clinics 5 clinics held; 17 in-person clinics 5 handouts describing allocation plan requirements 3 Additional Allocation Plan Clinics early February PJ/TA Provider Problem-Solving Consultations Feb/March Direct Technical Assistance (HUD Exchange TA Portal) Questions? HOME-ARP AAQ for Allocation Plan on the HUD Exchange or HOMEARP@hud.gov for other questions 18
