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Home My WebLink About871226.tiff • RESOLUTION RE: APPROVE RENTAL REHABILITATION PROGRAM APPLICATION TO BE SUBMITTED TO THE COLORADO DIVISION OF HOUSING AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an application for Rental Rehabilitation Program funds , said application to be submitted to the Colorado Division of Housing, and WHEREAS , after study and review, the Board deems it advisable to approve said application, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado , that the application to be submitted to the Colorado Division of Housing for funds for the Rental Rehabilitation Program be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is , authorized to sign said application. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 21st day of September, A.D. , 1987 . n y BOARD OF COUNTY COMMISSIONERS ATTEST: Pitt WELD COU LORADO Weld County lerk and Recorder and Clerk to the Board Go . La hairman • CB-Xi)) vnti 61/ > Clirby, Pro em eputy County erk APPROVED AS TO FORM: Gene R. Brantner EXCUSED Q Jac eli Johnso , County Attorney Frank Yamaguchi 871226 COLORADO DIVISION OF HOUSING Rental Rehabilitation Program 1987 Request For Funding PLEASE SUBMIT ORIGINAL AND THREE COPIES OF PROPOSAL Part I: Identification 1 . Name of city or county requesting funding: Weld County 2. Amount of funding requested: $ 100,000 3. Number of Section 8 Vouchers requested: 13 4. Chief elected official : Name: Gordon Lacey Title: Chairman Address: P•O• BOX 758 Greeley, 80632 Phone #: 356-4000 street city zip 5. Name of lead agency: Weld County Housing Authority a. Director of lead agency: Name: James Sheehan Title: Executive Director Address: P•O. BOX "A". Greeley, 80632 Phone #: 352-1551 #6445 street city zip b. Designated contact person: _ Name: James Sheehan Title: Executive Director Address: P.O. BOX "A" Greeley, 80632 Phone #: 352-1551 #6445 street city zip 6. Name of Public Housing Agency: Weld County Housing Authority a. Director of PHA: Name: James Sheehan Title: Executive Director Address: P.O. BOX "A" Greeley, 80632 Phone #: 352-1551 #6445 street city zip b. Designated contact person: Name: James Sheehan Title: Executive Director Address: P.O. BOX "A" Greeley, 80632 Phone #: 352-1551 #6445 street city zip 871226 Colorado Division of Housing Rental- Rehabilitation Program Page 2 Part II: Management Capability 1 . LEAD AGENCY:A. What experience has the staff had in managing federal , state, and/or local low- and moderate-income housing programs? Please list specific programs, including dates and funding amounts. The staff of the Weld County Housing Authority has had experience with the following: 1975-78 Section 8 Existing-332 units; $717,000--James Sheehan 1981-85 Section 8 Existing-98 units; $301 ,000--James Sheehan 1987—on—going Section 8 Existing-148 units; $531 ,000--James Sheehan 1987-on-going Section 8 Voucher-90 units; $219,000--James Sheehan 1983-85 CDBG Small Cities-22 units; $288,000--James Sheehan, Paul Halloran 1984-86 CDBG Small Cities-24 units; $248,000--Paul Halloran 1986-87 CDBG Small Cities-29 units; $350,000--Paul Halloran 1987--- CDBG Small Cities-16 units; $160,000--Paul Halloran (please see reverse) B. List names, titles and pertinent experience of persons who will have responsibility for managing the program if funding is awarded. Replace existing titles if an alternative management team is planned. If unknown, list job qualifications of the person(s) to be recruited for the position(s): a. Program Manager (responsible for overall administration of the program). Include reporting relationship to chief elected official : James Sheehan--Executive Director of WCHA. Experience includes overall administration of Section 8, CDBG, Division of Housing, and Rental Rehabilitation programs. Reports directly to the Weld County Board of County Commissioners and the Weld County Housing Authority Board. b. Project Coordinator (responsible for handling day-to-day program responsibilities): Paul Halloran--Community Development Director of WCHA. Experience includes day to day administration of CDBG Small Cities, Division of Housing Rehab, and Rental Rehabilitation programs. Also has experience in administration of water and sewer and other non-housing programs. c. Rehabilitation Specialist (responsible for overseeing construction phase of the program): Paul Halloran--Community Development Director of WCHA. Experience includes planning and specifications of rehabilitation, work write-ups, bidding process, initial inspections of units proposed for rehab, etc. d. Fiscal administrator/coordinator (responsible for financial administration of the program): James Sheehan--Executive Director of the WCHA. The Executive Director shall shoulder the responsibility of the approval of all Rental Rehabilitation funds. C. Delineate source(s) of administrative monies that will be used for management of the program: Since the WCHA will assume responsibility for both the rehabilitation of the units and the administration of the housing vouchers, all administrative funds will be provided from housing authority administrative monies. These sources include: Section 8 Administrative fees and CommunitiviC Development - Block Grant administrative monies. 871226 1 . Continued 1985---DOH Housing Rehab-6 units; $60,000--Paul Halloran 1986---DOH Housing Rehab-9 units; $25,000—Paul Halloran 1985-86--HUD Rental Rehabilitation Program--1 3 units; $135,000--James Sheehan C - _ U CR) ..J Ala r U J - . . . 10 u 1u 1 ' G J uJ 1 V f f f ) ) r J 11..- -. -6 f J J u i-d J. J J ' 'f U i f .1.226 • Colorado Division of Housing Rental Rehabilitation Program Page 3 2. PUBLIC HOUSING AGENCY: A. What experience has the PHA had in administering Section 8 existing housing certificates? The WCHA has on—going-Section 8 Certificate and Section 8 Voucher Programs. Number of Certificates currently administered by the PHA: 148 Number of people currently on the PHA Waiting List: 98 1 BDR 53 2 BDR - 3 BDR - 4+ BDR B. List names, titles and pertinent experience of the following persons who will have responsibility for administering the Section 8 portion of the program. Replace existing titles if an alternative management team is planned. If unknown, list job qualifications of the person(s) to be recruited for the position(s): • a. PHA Director (responsible for overall administration of the Section 8 portion of the program): James Sheehan; Executive Director. Experience with certificate and voucher programs since 1975. • b. Section 8 Coordinator: (responsible for handling the day-to-day program responsibilities): Inez Rangel; Housing Technician. Experience with Section 8 programs since 1983. 3. ATTACH A LETTER OF COOPERATION between the city/town/county and the Public Housing Agency. The WCHA will oversee the rehabilitation and the administrationof the vouchers. 4. The local financial institution selected to disburse payments under the Cash Management and Information System must be a member of the F.D.I.C. and have electronic transfer capacity. Identify the name and address of the depository selected to receive the funds: Name of institution: United Bank of Greeley 1000 10th St. Greeley, Co. 80631 Address: i000 10th Street Greeley, Colorado 80631 street city zip Account Number-100528 871226 • Colorado Division of Housing Rental Rehabilitation Program Page 4 Part III: Neighborhood Profile Complete and attach the Neighborhood Profile analysis that is provided with this Request for Funding. Remember to complete a Profile for each neighborhood targeted. If the neighborhood has not been seliEfed, attach a narrative describing the procedures or methods which the City intends to use in selecting a target neighborhood(s). Refer to the Division's Rental Rehab Program Design, page 4-5. Attached are one each for Evans, Garden City and La Salle. Part IV: Project Description ATTACH a narrative describing what procedures and standards to be used in selecting projects (i .e. , individual buildings). Refer to the Division's Rental Rehabilitation Program Design, page 6 and 7. If you have a waiting list of selected projects, please attach and include the number of units in each project, the rental rehab amount and the total estimated project cost. See attachment B. Part V: Lower Income Benefit ATTACH a narrative explaining how the City intends to fulfill the lower income benefit requirements of the program (section 511 .10). Refer to the Division's Rental Rehabilitation Program Design, page 5 and 6. See attachment C. Part VI: Financial Design The Division will accept the following financing techniques for use in the Rental Rehabilitation Program: A. Deferred Payment Loan with Forgiveness (essentially, a grant) B. Deferred Payment Loan with specific terms and conditions for repayment C. Below Market Interest Rate Loan. You may use one or all of the above financing techniques. Please indicate which technique(s) will be used. If B or C will be used, indicate the terms, conditions, and interest rates being considered. Also indicate the City's plan for use of interest generated from the loans (program income). See attachment D. 871226 Colorado Division of Housing Rental Rehabilitation Program Page 5 2. List names and addresses of lenders who have indicated a willingness to participate in the program. Note if any firm commitments have been received. If lenders have not been identified, describe how the program will be marketed to lenders. Part VII: Implementation Schedule Federal regulations require that the State have 100% of its funds committed within 15 months of the execution of the grant agreement (approximately October 31 , 1988). To assure that the Division meets its obligation to HUD, local governments will be required to have 35% of its funds committed by March 31 , 1988, 70% of its funds committed by June 30, 1988 and 100% of its funds committed by September 30, 1988. See attachment E. Part VIII: Tenant Assistance Policy Cities must adopt the Division's Tenant Assistance Policy, amending the Policy as needed to account for local directives, policies, or concerns. The amended Tenant Assistance Policy must be adopted within thirty (30) days of the submission of the Request for Funding Proposal and a copy of the adopted policy sent to the Division of Housing. A copy of the TAP is enclosed. See attachment F. Part IX: Affirmative Marketing ATTACH a narrative describing the methods and procedures that will be used to ensure the affirmative marketing of rehabilitated units, plans for assessing the owner's affirmative marketing efforts, and the corrective actions that will be taken if an owner fails to follow affirmative marketing procedures. Refer to the Division's Rental Rehabilitation Program Design, pages 10 and 11. A copy of the Division affirmative marketing guidelines is enclosed. See attachment G. 871226 • Colorado Division of Housing Rental Rehabilitation Program Page 6 • CERTIFICATIONS The City/Town/County of Weld County hereby assures and certifies that: I � It posesses the legal authority to administer the Rental Rehabilitation • I Program as described in 24 CFR Part 511 and that the submission of this proposal is authorized by the City/Town/County. ' It has developed this proposal after consultation with the public and copies of this proposal have been made available to the public. It will adopt the Division of Housing's Tenant Assistance Policy, amending the Policy as needed to account for local directives, policies, or concerns, and will submit to the Division of Housing a copy of the amended Policy within thirty (30) days of the execution of a RRP contract with the Division of Housing. , ! It will ensure that the City/Town/County will conduct and administer its Rental Rehabilitation Program in conformance with the requirements of section 511 .10(m), Affirmative Marketing. It will submit to the Division of Housing for its approval a local affirmative marketing strategy within sixty (60) --days of execution of a RRP contract with the Division of Housing. It will conduct and administer its Rental Rehabilitation Program in accordance with the requirements of 24 CFR 511 . , e ecte c a Gordon E. Lacy Type,.plame o e E ecte c a Chairman Title, of Chief Elected Official September 21, 1987 Date ATTEST: t WELD CO.JNTY _IRK AND RECORDER XND CLERIC TO THE u LARD• H[24:p ',,, C :inty cleric • 871226 • COLORADO DIVISION OF HOUSING • Rental Rehabilitation-Program - - - _- Neighborhood Profile • General Information 1. Briefly describe project boundaries. A clearly readable map indicating boundary outlines may be substituted. Garden City is a very small community consisting of approximately 100 persons as of the--1-980-Census. -Bordered- by-the- City--of Greeley to the West, North, and East, and the City of Evans to the South, Garden City is an older town to which the former town limits of Ross ale have recently been added:-- The main traffic arterials are Highway 85 which runs north/south, and 8th Avenue running east/west. nt 2. 2. Briefly describe this neighborhood's lifestyle s and eeconomicecondition as it relates to the city as a wholes __ Garden City was a community of only 85 people as of the 1980 Census. The area is inhabited by a low-income and usually elderly type person. Residential neighborhoods are homogeneous consisting mainly of older single family dwellings. The town's income is generated solely by the Sales tax-from various liquor stores, taverns, restaurants, motels, furniture stores, pawn shops, etc. 3. Describe features that make this neighborhood attractive to low-income renters (e.g., city transportation, proximity to schools, employment opportunities, etc.): Because of Garden City's proximity to the City of Greeley, public transportation, schools, employment opportunities, etc. , are all readily available to lower- income renters. The type bf housing in the area keeps rents low and easily affordable for low-ine4me persons. • 4. Are there low-income housing developments in the neighborhood? No. of Units Public Housing -0_ Scattered Site -0- Section 202 , -0- Section 8 new construction -0- substantial/moderate rehab -0- existing 5 other (specify) -0- -0- • S. Why are the-street rants in the neighborhood expected to remain affordable to tenants'"at: or below 80% of median income for the next five years? Garden City is a community experiencing "non-growth." Because of the Town' s size, economic base, and general lifestyle, it is virtually- certain that income will not exceed 80% of the areas median in the next five years. 6. What is the attitude of local government and the public toward lower-income rental housing,rehabilitation? Give examples: In 1985-86, a Rental Rehabilitation Program was implemented in this area. An intergovernmental agreement between Weld County and Garden City was signed where each pledged its cooperation during the design and implementation of the program. The same has been undertaken for this proposed program. Public hearings have and will be scheduled for comments from the public. To date, ? _nosnegative c o comments have been received by our office. city er incentives to developers and/or small investors (e.g., tax abatements or public infrastructure improvement grants)? Describe: Garden City does not actively .recruit developer/investor interest with incentives such as tax abatements or public infrastructure improvement grants. 871226 Colorado Division of Sousing • Neighborhood Profile Page 2 • Socio-Economic Profile 1. Median Income MSA $ 9,688 2. Family Income of neighborhood a. less than $5,000 237. h. between $20,000 b. between$1 000 and $7,499 and $22,499 --- % c. between$7,500 and $9,999 2a_ i. above d. betweenn0.000 $.12 499 • --X $22500e. f. between$12;500 and 114,999 21 % . --- X *1S300) And $U 99 --�X g. `'between $17. 500'and $19,999 23% 3. Historically, average income in this neighborhood has been above, about above ._same_.- - the same, or below the city's average. below 4. Average age of heads of household. a. 20-29 veers 30 % f. over 62 years 11 • b. -39-344 years-- '- 4 7. _ c. • 35-44 years - 9 X 4. 45-54 years .0099. e. 55-62 years 5% 5. Average family size 2.26 bersons 6. Ethnicity (% of total) a. Black • b. White • --- 9 c. Hispanic d. Other --a - q 7. Number of Section 8 existing certificates currently used in the neighborhood. a. 1 bedroom 1 b. 2 bedroom c. 3 bedroom 3 d. 4+ bedroom 1 0 • Rental Market Profile All Housing Units 1. Total number of units Year Number 1-212122.71 Rental Units % Change, ___� 1960 , 1960 1970 62 1970 43 ----- 1980 58 —II6% 1980 _.21;$ 2. Housing stock composition 1960 • 1970 1980 a. Owner-occupied --- 13 5 b• Renter-occupied -77 3. Number of rental structures by type a. single-family detached b. duplexes 28 c. four-plexes --j d. apartment buildings (1-11 units) _L e. apartment buildings (12+ units) f. other (describe), two cabin building 1 apartment above bus ness mobile-homes • -7- Motel Complex -1-- 871226 . : • Colorado Divison of Sousing Neighborhood Profile Page 3 . • 4. Sousing Quality 1960 1970 1980 a. Number of Excellent _-__ - 2 b. Number of Good 3 c. Number of Fair • _ - 16 d. Number of Poor -- 3 5. Percentage of buildings more than 60 t 40 years old. • 6. Number of buildings currently with rehabilitation permits conventional b. assisted --- 7. Percentage of low-income renters to total number of renters. a. low-income renters with incomes below 50% of median b. low-income renters with incomes below 80% of median see attachment 1 part A 8. Average tenure of low-income renters. a. 1-6 months b. 7-12 months c. 1-2 years• $ d. 2-5 years i • e. 5+ years t • see attachment 1 parts B,C,D,E,—s 9. Vacancy Rate „ Cit ida yw Neichborhood 1970: see attachment-1 parts Fand G 1980: 1984: 10. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom $150-175 $346 b. 2 bedroom 175-225 c. 3 bedroom $507 d. 4 bedroom 250-300 X509 11. In the past five years, have there been either dramatic increases or decreases in "street" rents? YES If yes, explain: 12. Are you aware of any factors that could influence rent levels in the neighborhood (e.g., new- shopping center, YES change of street from one-way to two-way, ND early indications of middle income interest, etc.) If yes explain: ♦ . • 871226 Colorado Divison of Housing Neighborhood Profile Page 4 • Investment Profile 1. Number of residential buildings offered for sale last year. • 18% 2. Number of residential—buildings sold. in therlast year. 11 3. Of buildings sold, were sales prices much above generally-much above, at, or much below C::) lv. the asking'`prics. R, much below 4. Type of investor a. local "Mom-Pop"owners c b. local small investors _ _._. _ 5% c. partnerships -p- d. syndicates e. out-of-town owners/investors -p f. out-of-state owners/investors _0_ 9. Public..Investment Activity (1970-1980) a. Sidewalks S b. Paving (resurfaced 1983) $ 000 c. Sewer and Water (water system 1981-82) $142.000 d. Single-family Rehabilitation $ e. Multi-family Rehabilitation $ f. Other (specify) . purchase of town hail end land • $ 5 ,000 871226 • ' Attachment 1 A) SPECIFIED RENTER-OCCUPIED HOUSING UNITS BY HO?;S NOI.D INCOME IN 1979 BY CROSS RENT AS PERCENTAGE OB INCODfE LESS THAN $5,000• • LESS THAN 20 PERCENT -- 20-24 PERCENT -- 25-34 PERCENT -- 35 PERCENT OR MORE 9 NOT COMPUTED (31) 2 $5,000 to $9,999• LESS THAN 20 PERCENT 20-24 PERCENT 2 25-f-34-PERCENT 5 35 PERCENT OR MORE __ • NOT COMPUTED (31) -- $10,000 to 14,999• LESS THAN 20 PERCENT 8 20-24 PERCENT -- 25-.j4 PERCENT' _- 35 PERCENT OR MORE -- ' NOT COMPUTED (31) -- $15,000 to 19,999• LESS THAN 20 PERCENT 4 20-24 PERCENT 3 25.44 YLRCENT -35-PERCENT OR MORE NOT COMPUTED (31) • -- $20,000 OR MORE' - LESS THAN.20 PERCENT -- 20-24 PERCENT -- 25-:3 -PERCEN1r -- 35 PERCENT OR MORE -- NOT COMPUTED (31) -- B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 46 RENTER OCCUPIED 41 C) OCCUPIED HOUSING UNITS BY TENURE BY RACE AND SPANISH ORIGIN OF HOUSEHOLDER • TOTAL RENTER OCCUPIED WHITE 37• _-- BLACK AMERICAN INDIAN, ESKIMO, & ASIAN AEU PACIFIC ISLANDER OTH$R -7 _-- SPANISH ORIGIN 14 11 D) ' PERSONS IN OCCUPIED UNITS BY TENURE TOTAL 99 RENTER OCCUPIED 93 • 871226 Attachment 1 continued • E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE TOTAL RENTER OCCUPIED 1 DETACHED 46 40 1 ATTACHED 5 5 2 3 3 3 or 4 16 16 5 or more 23 23 MOBILE HODS OR TRAILER 6 6 F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY --- FOR RENT 15 HELD FOR OCCASIONAL USE ---- OTHER VACANTS ---- G) SPECIFIED RENTER-OCCUPIED PAYING CASH ,LENT AND VACANCY-FOR-RENT HOUSING UNITS BY OCCUPANCY STATUS RENTER OCCUPIED 39 MEAN CONTRACT RENT $171 VACANT FOR RENT 15 - MEAN RENT ASKED $225 AAAA4ALL DATA TAKEN FROM CENSUS OF POPULATION AND HOUSING, 1980--SUMMARY TAPE FILE 36, k**NwTalked to postal worker who works the Garden City Route. Accurdinb to him there are only two vacancies in the area; 614 27th Street Road, and 604 27th Street Road. • 871226 Attachment 2 • • • I N • V a t • r ' fir a I i g , r / V v" : ° G Z M i.. { — i r k r i p 1 $ve — _ " ' — • t�e.M t a �� `�• !r1 1441 I I 11 L>L ' ' ' , ' Jv.— I -L1.1 � I k I • i Alt• • I F --- c l I ?\ a G L. L. _ - ---- ---- I HI L 1 I \ I ' I I f.11 T-. ,,,, • C.1 I ili 1 1 1 I "I, 871226 I . I • 4I • COLORADO DIVISION OF HOUSING Rental Rehabilitation Program Neighborhood Profile General Information 1. Briefly describe project boundaries. A clearly readable map indicating boundary outlines may be substituted. According to 1980 Census figures, 1 ,929 persons live in the Town of LaSalle. LaSalle sits just to the South of the South Platte River. The City of Greeley sits approximately two miles to the North. La Salle extends approximately three quarters of a mile on each side of Highway 85. The main traffic arterials are Highway 85, running north/south, and 1st Avenue and Main Street which run east/west. Please see attachment 2 2. Briefly describe this neighborhood' i s Lfestyle and economic condition as it relates to the city as a whole: In 1980, 84% of families living in La Salle had incomes above $12,500 a year. Neighborhoods are generally homogeneous throughout with no real "high" or "low" rent districts. La Salle is home to small industry and manufacturing along with various restaurants, liquor and convenience stores. No single industry or business dominates the Town's economy. Many persons living in La Salle are 3. employed agriculture fea ha make this neighborhood attractive to low-income renters (e.g., city transportation, proximity to schools, employment opportunities, etc. ) : Although La Salle is a smaller community, schools and some employment opportunities are available. La Salle is also within a few minutes of the City of Greeley where goods, services, schools, public transportation and a number of other employment opportunities are readily available. 4. Are there low-income housing developments in the neighborhood? Type No. of Units Public Housing _Q_ Scattered Site —0- Section 202 --C— Section 8 new construction -0- substantial/moderate rehab 0 existing -177 other (specify) -0- -0- • 5. Why are the street rents in the neighborhood expected to remain affordable to tenants at or below 80% of median income for the next five years? Over the next five years the community of La Salle will continue to grow, but because the area is removed from any major business or industry, income can be expected to remain below 80% of median in the near future. Thus, because of this community' s stable economic history street rents should remain affordable to persons currently living in this area. 6. What is the attitude of local government and the public toward lower-income rental housing.rehabilitation? Give examples: In 1985-86, a Rental Rehabilitation Program was implemented in this area. An intergovernmental agreement between Weld County and the Town of La Salle was signed where each pledged its cooperation during the design and implementation of the program. The same has been undertaken for this' proposed program. Public hearings have;`andlwil; be scheduled fix comments from the public. To date, no negative comments have been received by our office. 7. Does the city offer incentives to developers and/or small investors (e.g. , tax abatements or public infrastructure improvement grants)? Describe: The Town of La Salle does actively recruit small business and industry in the form of general promotional letters, etc. However, financial incentives are not frequently offered. 871226 Colorado Division of Housing Neighborhood Profile Page 2 • Socio-Economic Profile 1. Median Income MSA $ 19,848 2. Family Income of neighborhood a. less than $5,000 27, h. between $20,000 b. between$5,000 and $7,499 2% and $22,499 0 c. between$7,500 and $9,999 37• i, above �— d. between$1Q,000 and $12,499 9% $22,500 21 % e. between$12,500 and $14,999 117. f. between]15.000 and $17,499 157. • g. between $17,500 and $19,499 77 3. Historically, average income in this above neighborhood has been above, about same the same, or below the city's average. below 4. Average age of heads of household. a. 20-29 years 187. f. over 62 years 7 a b. 30-34 years 107. c. 35-44 years 137. d. 45-54 years 77, e. 55-62 years 5% 5. Average family size 3.2 persons 6. Ethnicity (% of total) a. Black b. White -91 % c. Hispanic 91% d. Other 9% __i 7. Number of Section 8 existing certificates _ currently used in the neighborhood. - a. 1 bedroom b. 2 bedroom -0- c. 3 bedroom d. 4+ bedroom 6 -0- Rental Market Profile All Housing Units 1. Total number of units Year Number 8 Chance Rental Units % Change 1960 330 1960 102 1970 411_ 24% 1970 130 ---27F 1980 —63% 1980 122 -.067, 2. Housing stock composition 1960 1970 1980 a. Owner-occupied 216 259 b. Renter-occupied 521 1O2 130 TZ2- 3. Number of rental structures by type a. single-family detached b. duplexes 66_ c. four-plexes d. apartment buildings (1-11 units) e. apartment buildings (12+ units) f. other (describe) basement apartments, mobile homes rooms, migrant housing -2.11 871226 Colorado Divison of Housing Neighborhood Profile Page 3 . 4. Housing Quality 1960 1970 1980 a. Number of Sound 293 361 591 b. Number of Deteriorating '33 --6- c. Number of Delapidated 2 2 2 5. Percentage of buildings more than . 23 s 40 years old. • • 6. Number of buildings currently with rehabilitation permits conventional —i b. assisted 0 7. Percentage of low-income renters to total number of renters. a. low-income renters with incomes below 50% of median —a b. low-income renters with incomes below 80% of median —8 see attachment 1 part A 8. Average tenure of low-income renters. a. 1-6 months b. 7-12 months $ c. 1-2 years d. 2-5 years e. 5+ years see attachment 1 parts b,c,d, and e 9. Vacancy Rate Citywide Neighborhood 1970: 1980: 11 .6% 1984: • see attachment 1 parts f and g 10. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom $346 b. 2 bedroom 50 $407 c. 3 bedroom ?2`-350 0407 d. 4 bedroom $275-195 $509 11. In the past five years, have there been either dramatic increases or decreases in "street" rents? YES If yes, explain: 4a2$ 12. Are you aware of any factors that could influence rent levels in the neighborhood (e. YES g., new shopping center, change of street from one-way to two-way, early indications of middle income interest, etc. ) If yes explain: • 871226 • Colorado Divisoa of Neighborhood Profile A, Page 4 Investment Profile 1. Number of residential buildings offered for sale ;la'sf •year. 7% 2. Number of residential-buildings • sold"in ths"last year, 44 � a.n x•�a,.. 3. Of buildings sold, were sales prices much -hove generally much above, at, or much below C 'the asking price. much .slow • • 4. Type of investor a. local "Mom-Pop" owners 85% b. local small investors 12% c. partnerships 1% d. syndicates -4- e. out-of-town owners/investors 2$ f, out-of-state owners/investors _ -n- 5. Public Investment Activity (1970-1980) a, Sidewalks (repair-and maintainance of sidewalks and $ -0- b. Paving streets costs about $10,000-$15,000 per year) $ -0- c. Sewer and Water 4172) $ 260.000 d. Single-family Rehabilitation e. Multi-family Rehabilitation $ -n- f. Other (specify) • • $ -0- $ �- y • 871226 • Attachment 1 A) SPECIFIED. RENTER-OCCUPIED HOUSING UNITS BY HOUSEHOLD INCOIC IN 1979 BY GROSS RENT AS PERCENTAGE OF INCOME LESS THAN $5;000= T.RSS THAN 20 PERCENT --- 90-24 PERCENT --- 95 34 PBRCENT a 15 PERCENT OR MORE 26 NOT COMPUTED (31) --- $5,000 to $9,999- LESS THAN 20 PERCENT 5 20-24 PERppjT --- 25-' 4-PERCENT 7 15 PERCENT OR MORE 14 NOT COMPUTED (31) --- $10,000 to 14,999n iRRS TROT 90 PERCENT --- ?O..94 vwprrNT 5 95- T 34 PERCENT 10 15 rnprnNT (16 MORE 10 NOT COMPUTED (31) --- $15,000 to 19,999n TEQ4 T'r ATT 90 PERINTMT 12 9O-9A DingnRNT 95-•34 PERCENT --- --RS-prRrpNT nR MORE NOT COMPUTED (311., __ 5 $20,000 OR1:MQRE___ TRSR_Tap T �n PRRPANT 25 96 20- pRRCRNT --- 25_34 PERCENT 15 ppRPENT OR MORE --- • NOT COMPUTED (31) --- B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 642 RENTER OCCUPIED 131 C) OCCUPIED HOUSING UNITS BY TENURE BY RACE AND SPANISH ORIGIN OF HOUSEHOLDER TOTAL RENTER OCCUPIED WHITE 572 97 • BLACK AMERICAN INDIAN, ESKIMO, & ASIAN'AND PACIFIC ISLANDER ' ---- OTHER 70 34 SPANISH ORIGIN 114 43, D) • PERSONS IN OCCUPIED UNITS BY TENURE • TOTAL 1913 871226 • Attachment 1 continued • E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE TOTAL RENTER OCCUPIED • 1 DETACHED 1926 213 1 ATTACHED 22 2 18 15 3 or 4 108 71 5 or more 33 29 MOBILE HONE OR TRAILER 6 6 • F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY FOR RENT 7 HELD FOR OCCASIONAL USE 7 OTHER VACANTS 6 C) SPECIFIED' RENTER-OCCUPIED PAYING GASH l:a;i'1' .kill HOUSING UNITS BY OCCUPANCY STATUS • RENTER OCCUPIED 122 MEAN CONTRACT RENT 8175 VACANT FOR RENT 7 MEAN RENT ASKED $195 * ***ALL DATA TAKEN FKUM CENSUS OF POPULATION AND HOUSING, 1980--SUMMARY TAPE FILE 3A • • • t' • Attachment 2 • • • 0' % / „, 42 / 'ff=. •',994 rya • P` a4 C: _ ..\�+,a prat v 4 jl a44' 441 ' .t ` • y a,a,v�i sr 14 I VVV a y Ia II 1 4 J a <<• 4It; II 1° �r i tot )1;1;11 , ' �a4 9/ • .l0j. ••••.f .. y• i •'• 4 aI •i, • • /•#' '� ate So. 1/4 ' I 1 a a l' 4i .YY l a a4 �. 4i F� 1yf 41 ` aril ,,• e %'ti�W •'•/r•j /1+9+4/%/�•/ 4/ a°o I/ el` • i.i qt.'Y a.4 442 9,4 Vt . 44' e 4� to 4pace ', /�� /1 P 4. .4, , %%O4 a4a Y. a `s I,CPS, 4/' t C/vii ••/ ti • '•,.•Vs fl. %T..% , 4 eisi t 't, r 9%`t•,/.J •f \' L ,a,Y `W 4.,:b' . . toy,.. ,� 44 �� .. ., 4.. ar ♦ %I to d • . I+aa a4 a .„.4„ r 4 •d 4, va ♦ ..Hi L •l ♦yt IIi.! a M:t } b\a, ur.ie d wtat �.%a $rya ; „w I� t 71 Mtn wrv[ ` x— la )M )D. Mho )t( ) p . • TODD Art .e:..:..1.II*;,-1,;;; Iei M av �1}of •t L. w •1'ai 11%a 1:747€11+11 I t IIIM ;illiE Eiji' II't�III I1' � Ii, al . H is 14 N Mil. .l Ci j '.•,', / /I i�a�aaaa��.�l RI • I � :y;y-( an of it, In C t4i4+ -Eu. /, /2" • •'all(1:- w�_ IIIIDC £ IIIIE N £ E "`E 'ii IIh,e OTT#11 i•u t t10Il:_ W • - ; Y' m r O LVI I�� ! I=I 1 l l�z u• •I�1•N i 34.41: y,N yl_ y) h.q. . MI YWOM aY[ (a(! YMIOV aV(!f' Yf; . Y• W )y.i;:,4 h E.I7 JIy 1D,.1e?! Itt E If.- E f 2 212...124i_ _ 4 y �_"_ ;Oro w'; .. �A... ! . E J- -. -n It �. . E ' ' O E E 8 8 8 E I I I I�� l e I I Is', •—li,i w —la it _• I(T1 w E �I w,nu m 11...t1::-.' . •.a •' , • . `` e a£�'I;F 1 fRi 6 � I .in. = Min. ur § '1 E E.2 .! E 2 B I�t f I gj ur i VI uT nil$ �. E :'28 E RIE�4 D all^,JII iii II T(T.0( AV( ovw+ v[ -r- ye \ /, ltY D,ryf 4 ,, of )p /� I. E 2 E • •u w Ib �� ✓ 'IQ.49 y. 4;1 . tJ • •+4 e a m il.-•—•-- • ...t.4/ 9,Ya >w a E 8 SV 9OA' % �.Sa£ e :E EErw yL . • e,w . . y) C(. ... �t _ r.c_ •-\. :vim :•v.�r9-'2-�.:......._ c.1"..•....t.'-'- l , r�- «gr. '7 • 39 • P • TOWN OF LASALLE, COLORADO ' • 871226 • • COLORADO DIVISION',OF HOUSING Rental Rehabilitation Program Neighborhood Profile • General Information 1. Briefly describe project boundaries. A clearly readable map indicating boundary outlines may be substituted. Evans is a community of approximately 6,000 persons which sits just south of the City of Greeley and one mile north of the Town of La Salle. The main traffic arterials are State Highways 34 and 85, which run east/west and north/south respectively, and 37th Street which runs east/west. Please see attachment 2 2. Briefly describe this neighborhood's lifestyle and economic condition as it relates to the city as a whole: The City of Evans is characterized by a variety of housing types. The area bordered by highways 34 and 85 to the north and east, and 11th Avenue and 31st Street to the west and south contains multi-unit aprtment housing. The rest of the City contains single family dwellings with the older homes on the east side of highway 85 and newer homes (built after 1970) to the west. Mobile homes make up a small percentage of the City's housing types. OVER 3. Describe features that make this neighborhood attractive to low-income renters (e.g., city transportation, proximity to schools, employment opportunities, etc. ) : Evans' proximity to the City of Greeley and its transportation, schools, employment opportunities, etc. , make this area attractive to low and moderate income renters. The Greeley Mall is just north of the City of Evans and downtown Greeley can be reached within a few minutes by bus or car. • 4. Are there low-income housing developments in the neighborhood? agt No. of Units Public Housing -0- Scattered Site -0- Section 202 , -0- Section 8 new construction substantial/moderate rehab _g_ existing 109 other (specify) • • • S. why are the street rents in the neighborhood expected to remain affordable to tenants at or below 80% of median income for the next five years? • Evans has a stable history as being the home of many low and moderate income persons, it is removed from the University of Northern Colorado and other types of business and industrial development, and no developments are expected in this area within the next five years. During this time, street rents can be expected to remain affordable. 6. What is the attitude of local government and the public toward lower-income antal housing.rehabilitation? Give examples: In 1985-86, a Rental Rehabilitation Program was implemented in these same areas. Intergovernmental agreements between Weld County and all three communitites were signed and each pledged its cooperation during the design and implementation of the program. Public hearings were set up for input from the public.' To date, no negative comments have been received by our office. 7. Does the city offer incentives to developers and/or small investors (e.g., tax abatements or public infrastructure improvement grants)? Describe: Evans issues industrial revenue bonds because one of the City's main concerns is business and industrial development. Most incentives the city is willing to offer concerns development in the west portion of the City. 871226 Colorado Division of Housing Neighborhood Profile Page 2 • Socio-Economic Profile 1. Median Income MSA $16,461 2. Family Income of neighborhood a. less than $5,000 11 % b. between $5,000 and $7,499 10 % c. between $7,500 and $9,999 9 % d. between $10,000 and $14,999 19 % e. between $15,000 and $19,999 • e18 % f. between $20,000 and $24,999 g. above $25,000 15 8 3. Historically, average income in this above neighborhood has been above, about same the same, or below the city's average. below 4. Average age of heads of household. a. 20-29 years 32 7. e. 55-62 years 4 % b. 30-34 years 8 7. f. over 62 years 8 C. 35-44 years 9 % d. 45-54 years 5 % 5. Average family size ➢.56 persons 6. Ethnicity (% of total) a. Black .006% b. White • 798 c. Hispanic 18% d. Other .018 7. Number of Section 8 existing certificates currently used in the neighborhood. a. 1 bedroom 40 b. 2 bedroom 57 c. 3 bedroom 12 • d. 4+ bedroom Rental Market Profile All Housings Units 1. Total number of units Year Number % Change Rental Units 1i % Change 1960 470 1960 110 1970 888 89% 1970 238 116% 1980 2.139 141% 1980 803 279% 2. Housing stock composition 1960 1970 1980 a. Owner-occupied 340 629 1178 b. Renter-occupied 110 238 803 3. Number of rental structures by type a. single-family detached b. duplexes 577. c. four-plexes 5% d. apartment buildings (1-11 units) 37 e. apartment buildings (12+ units) 137. f. other (describe) Mobile Homes 15% 871226 • Colorado Divison of Housing Neighborhood Profile Page 3 . 4. Housing Quality 1960 1970 1980 a. Number of Sound 428 808 1,948 b. Number of Deteriorating ' 38 71 171 c. Number of Delapidated --A 9 21 5. Percentage of buildings more than 25 % 40 years old. • 6. Number of buildings currently with rehabilitation permits conventional 8 b. assisted 0 7. Percentage of low-income renters to total number of renters. —$ a. low-income renters with incomes below 50% of median —� b. low-income renters with incomes below 80% of median _a see attachment 1 part A 8. Average tenure of low-income renters. a. 1-6 months b. 7-12 months c. 1-2 years d. 2-5 years e. 5+ _$years see attachment 1 parts b,c,d, and e _e 9. Vacancy Rate Citywide Neighborhood **Although statistics for the vacancy rate 1970: are not available for 1984, because of 1980: 6.2% ** the areas stability the vacancy rate 1984: should be approximately similar this year. see attachment 1 parts f and g 10. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom $175-245 $346 b. 2 bedroom $4u0-295 $407 c. 3 bedroom $275-350 $509 d. 4 bedroom - --- 11. In the past five years, have there been either dramatic increases or decreases in "street" rents? strYES If yes, explain: fi`/ 12. Are you aware of any factors that could influence rent levels in the neighborhood (e. YES g e icenter, 101il change of street from one-way to two-way, early indications of middle income interest, etc.) If yes explain: • 871226 Colorado Divison of Housing Neighborhood Profile Page 4 Investment Profile 1. Number of residential buildings offered for sale last year. - 9% 2. Number of residential-buildings sold in the last year. Approximately 200 3. Of buildings sold, were sales prices much -bove generally much above, at, or much below CIP the asking price. much below 4. Type of investor a. local "Mom-Pop" owners 85% b. local small investors ' c. partnerships d. syndicates -d- e. out-of-town owners/investors f. out-of-state owners/investors —2% 5. Public Investment Activity (1970-1980) a. Sidewalks $ 332,000 b. Paving $ 665,000 c. Sewer and Water $ 400,000 d. Single-family Rehabilitation e. Multi-family Rehabilitation f. Other (specify) Upgrade of Parks - $ 60,000 • 871226 Attachment 1 • • A) SPECIFIED RENTER-OCCUPIED HOUSING UNITS BY HOUSEHOLD INCOME IN 1979 BY GROSS RENT AS PERCENTAGE OF INCOME LESS THAN $5;000- • LESS THAN 20 PERCENT 20-24 PERCENT 25-34 PERCENT 35 PERCENT OR MORE 105 NOT COMPUTED (31) 14 $5,000 to $9,999- • LESS THAN 20 PERCENT 12 20-24 PERCENT 31 25-:34 PERCENT 39 35 PERCENT OR MORE 71 NOT COMPUTED (31) 7 $10,000 to 14,999- LESS THAN 20 PERCENT 89 20-24 PERCENT 94 25-:34 PERCENT 46 • 35 PERCENT OR MORE -_-. NOT COMPUTED (31) ---- $15,000 to 19,999., LESS THAN 20 PERCENT 94 • • 20-24 PERCENT 12 25-'34 PERCENT _ 4 '35-PERCE T 9A MORE_ ---- TOT QOMPUIgn (31) 7 $20,000 ORjQRE_' ._ LESS THAN.20 PERCENT 106 20-24 PERCENT 19 • 25434 PERCENT 35 PERCENT OR MORE NOT COMPUTED (31) B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 1981 RENTER OCCUPIED 803 C) OCCUPIED HOUSING UNITS BY TENURE BY RACE AND SPANISH ORIGIN -' OF HOUSEHOLDER • TOTAL RENTER OCCUPIED WHITE 1843 716 BLACK 5 • AMERICAN INDIAN, ESKIMO,:ALEUT'. 27 17 • MAN -Si MCIFIC ISLANDER ' 19 13 0TfiSA` 87 --- SPANISH ORIGIN 257 t26 D) PERSONS IN OCCUPIED UNITS BY TENURE TOTAL 5035 RENTER OCCUPIED 1902 • • • 8 11226 • • Attachment 1 continued E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE TOTAL RENTER OCCUPIED 1 DETACHED 3092 539 1 ATTACHED 80 73 2 100 82 3 or 4 215 195 5 or more • 812 778 MOBILE HOME OR TRAILER 736 235 • F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY 68 FOR RENT 53 HELD FOR OCCASIONAL USE -- OTHER VACANTS 39 G) SPECIFIED RENTER-OCCUPIED PAYING CASH LLNT AND VACANT-Eta-RENT HOUSING UNITS BY OCCUPANCY STATUS RENTER OCCUPIED 760 MEAN CONTRACT RENT $204 VACANT FOR RENT 53 MEAN RENT ASKED $226• ***** ALL DATA TAKEN FROM CENSUS OF POPULATION AND HOUSING, 1980--SUbMARY TAPE FILE 3A • • • • • • 871226 . Attachment 2 . EVANSt P . WELD COL]NTT,COLOR.ADO T5N,R65W OE THE 6TH PM, Shc, A 4P ••«` Jest.:r.J00• _ / 6 : •i -—v---.._____.._ ,• �q tiyP rte[—ZY. Wr�._../...T.[ --•—'—= Iv. I her / sE i �/"' j j11 a.,., dh s :I / / -_--- JI MA Iasi p • -A . • r •it.nun• ,rurnyarxa ■ .•'151.:1IIUI I •'I II•I . 1 [r,' M . Ei!■' IAR E •• Is/ '�% •., ...v. .. .,.n • w /u .. ...irt E .« t I II 'H<'! nn _/! L) [JJ• N 1 • I• .• ! ; , I ' rI. t 1, 'D' m [� 1 I vr' i I{z /la coIco I Iso Y� Iss I T• R I f Z _ , i t \ r, taP•,S .n m is ,n d ity „ T1 ..(-11.-1 T ` ' i . yt..e[tf ;,\ �y�Q f[ ri4 fyyTi IS ■` ' 0•// II{, [[[SS1fljjh—M ,II 1 �� t d• • . •.•M .�♦ •I , i 1�) I 1 IIR . / I INNE '—,, • _`I '•• : 1il �1 • 1 19 ' rE17. 'I. / I dl ^ it__ — �—ir• 'y-•;" lj... tL a ' / a. I.{v 11,� I F• P.'S i it it._,..._„ ( a 27 2f p'9/•7 I. I t-7r7I I i I •{• .I U0�/"{'t FJ1.1.' `! l• ./ / _ I : 29 ' 29 tA ., IL7•lllrl • j l • .1 •E / r " = �� ]3 S[ ( [[l V. ±t1J • 1; j 'Ell" /to 4' /111k.� iL 2�Jg8©�� . 44flTsTfl _..i: 22 233! al I ♦ FLOCK"(r .. .i+ 2 / L.LJ wu 1 r J. rs_ •._ __.i il I ` 171 I » _ y9p�m� f[^�� '1 itl��1I�'�'�1 ' 1 � ; 1 p ; Ef:l pi. u �I �L.11�'Ir 1 6 I a6 ' 3, ,St 33. 3. I .. ..i a: 1r1r E Ni. / ) � EEO [Errn r E..7 L_, °•- . R, 'Las : •s r / ..I.Jryry-11IIrC�•]: lv;O 41 _ t'y u ILF r I 1 . :31 I. • �� uL — . ©All : Yv114---i"iq rT� • 44S.li 33 � �/' ' H ]'yr� 3[PCR i.e.!JII� r 1 r� ! / I� IIji3 / 3 D 24 3 . • 3 '2:1 i i : / P�age,..,<y 3 :-v M1 . [1 ,.. d . . ; . . i • 'f T II ` -$11.494H..47.1;•..... l..`'.. l;'' I ...:..... . dill' ,..•••S c + I ?: eY?A:n'.'_ "1—. %*. I 'lit P lb I L5. 11 w °3 n •••10 TNT ES •.% • vv nMl •. •• • . {CU " . II .. I. Y 4 871226 ATTACHMENT B Part IV. PROJECT DESCRIPTION RENTAL REHABILITATION PROGRAM • The communities identified in Weld County as being eligible for funding through the Rental Rehabilitation Project include: Garden City, LaSalle and Evans. A more complete assessment of each town is contained in the neighborhood profile. Our program calls for the rehabilitation of rental properties. The process of selecting units for rehabilitation shall consist of three elements: 1. Eligibility Criteria 2. Feasibility Criteria 3. Selection Criteria The first criteria, eligibility, shall be based on the location, ownership, c.ininum equity, size, and condition/cost of repair. Determining the condition/cost of repair will be a critical element in establishing unit eligibility. In order to initiate this process, it will be necessary to determine the extent of rehabilitation required to bring the unit up to the minimum rehabilitation standards. This will be accomplished by conducting a detailed inspection of the property. This inspection will be carried out as a joint effort by the city inspector and the rehabilitation specialist. Once the inspection is completed, the cost of rehabilitation can be determined: -Once the cost of rehabilitation has been derived, we will then be able to •deter- mine .the economic feasibility of proceeding with rehabilitation. Factors to be considered include: operating expenses, debt service costs, cash flow, profit, and loan to value ratio. Once these factors are assessed it will than be possible to determine the effect if any, that the rehabilitation will have on the rent that the owner must charge and whether market conditions would permit the unit to be rented at a. higher rent, while avoiding displacement. The program shall use a priority system based'on highest points in the selection of units. Priority factors shall be based on percentage of very low income families to be assisted, the percentage of matching funds by the owner and the potential for displacement. Units selected for rehabilitation shall be approved by the Weld County Housing Authority Board. After the unit has been approved, the unit will then be out to bid. The Housing Authority will utilize a competitive negotiation process to procure contractors. Unless extenuating circumstances exist, the low bid will be excepted. The rehabilita- tion contract shall be between the contractor and the rental property owner. All work shall be monitored by the rehabilitation specialist. Final inspections shall be conducted by both the city inspector and the rehabilitation specialist. All deficiencies shall be corrected and attested to by the owner prior to issuing final payment. • 871226 ATTACHMENT C PART V: LOWER INCOME BENEFIT The Weld County Housing Authority has identified some, but not all of the properties that are to be rehabilitated. Once a property has been identified, the WCHA will survey each property and identify the number of low and very low income residents, those eligible for Section 8 certificates or vouchers, the number of residents who wish to remain in the property during rehabilitation activities, and the number of residents who need to be relocated. After the rehabilitation of these properties has been completed, Section 8 certificates or vouchers will be utilized in the following manner; I. Current low income residents will be allowed to continue their residency of the rehabilitated unit. II. If relocation of any, or all of the current residents is necessary, Section 8 certificates or vouchers will remain with the relocated person(s). III. Families who are on the Section 8 waiting list will be allowed to occupy any rehabilitated dwellings that are vacant. Because the Housing Authority is both the subrecipient for the rehabilitation program, and the agency responsible for the Section 8 rental assistance program, lower income benefit activities will be monitored very closely. 871226 ATTACHMENT D PART VI: FINANCIAL DESIGN The WCHA financial design will consist of a deferred payment loan with forgiveness. However, the loan recipient will be required to meet several criteria or the loan will be due and payable immediately. These criteria are: 1. ) The loan recipient must continue to own the rehabilitated property for a period of five years from the date rehabilitation activities have been completed. 2. ) The loan recipient must agree to affirmatively market the rehabilitated property for a period of seven years from the date rehabilitation activities have been completed. 3.) The loan recipient must agree not to convert the rehabilitated property to condominium use for a period of ten years from the date rehabilitation activities have been completed. In the past, the WCHA has found it more effective for the individual investor to approach his or her own financial institution if the borrowing of matching funds is necessary. However, if an applicant indicates that he or she needs assistance in locating the matching funds necessary to undertake a rental rehabilitation project, the WCHA will assist the individual in locating such funds. • • 871226 ATTACHMENT E PART VII: IMPLEMENTATION SCHEDULE As the WCHA has many of the units proposed for rehabilitation identified up front, meeting the fund committment deadline outlined on page five of the application will not be a problem. The WCHA will have 357, of its funds committed by 31 March 1988, 709. by 30 June 1988, and 100% by 30 September 1988. • 871226 ATTACHMENT F PART VIII: TENANT ASSISTANCE POLICY The Weld County Housing Authority will comply with the Tenant Assistance Policy as outlined by the Colorado Division of Housing. The Tenant Assistance Policy will be adopted and presented within 30 days of excecution of a contract with the Colorado Division of Housing. 871226 ATTACHMENT G • PART IX: AFFIRMATIVE MARKETING To ensure compliance with all Federal fair housing laws by all agencies and persons involved with the Rental Rehabilitation Project in the communities of Evans, Garden ,City, and La Salle, the Weld County Housing Authority will adhere to the affirmative marketing guidelines set forth by the Colorado Division of Housing. Methods for informing the public, owners, potential tenants, and persons least likely to apply for rehabilitated housing will include: 1) Use of the Equal Housing Opportunity logotype; 2) Distribution of HUD's "Fair Housing U.S.A." brochure; 3) Contacting the media and interested public groups; 4) Newspaper announcements; 5) Posters and signs explaining the program; 6) Oral presentations to various community organizations. The Housing Authority will monitor and record racial, ethnic, and gender characteristics of tenants before and after rehabilitation. The Housing Authority will also monitor and record the racial, ethnic, and gender characteristics of participating owners. All records will be available • for public viewing at our administrative offices. The Weld County Housing Authority and the Community Housing Resource Board will coordinate activities to ensure that owners are responsible in carrying out the affirmative marketing policy. • r • 871226 ATTACHMENT H List of Tentative Applicants (investors) for the Rental Rehabilitation Program Name Investor Contribution Number of Units •Albert Sinner $ 2,000 1 Norman Dean $ 60,000 45 Dale Mosness $ 5,000 6 Permin Salazar $ 5,000 1 Jim Boyle $ 6,000 12 Tom Pfankuch $ 16,000 6 ton Proulex $ 5,000 4 TOTAL 99,000 75 371.226 Hello