HomeMy WebLinkAbout940380.tiff RESOLUTION
RE: APPROVE HUD SECTION 8 VOUCHER ESTIMATES OF TOTAL REQUIRED ANNUAL
CONTRIBUTIONS FOR 1994 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 Estimate of Total Required
Annual Contributions to be submitted to the U.S. Department of Housing and Urban
Development for Section 8 Housing Assistance Payments Program by the County of
Weld, State of Colorado, by and through the Board of County Commissioners of Weld
County, on behalf of the Weld County Housing Authority, with further terms and
conditions being as stated in said estimate, and
WHEREAS, after review, the Board deems it advisable to approve said
estimate, 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, ex-officio Housing Authority Board, that the Estimate of Total
Required Annual Contributions to be submitted to the U.S. Department of Housing
and Urban Development for Section 8 Housing Assistance Payments Program by the
County of Weld, State of Colorado, by and through the Board of County
Commissioners of Weld County, on behalf of the Weld County Housing Authority, be,
and hereby is, approved.
BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is,
authorized to sign said estimate.
The above and foregoing Resolution was, on motion duly made and seconded,
adopted by the following vote on the 25th day of April, A.D. , 1994.
Arulhaea BOARD OF COUNTY COMMISSIONERS
ATTEST: WELD COUNTY, CO ORA�D//O/] �Q��!,
Weld County Clerk to the Board i� ,/r 1' 2eita 4
/1 �..Q.4,^ . H. Webster, hairman
BY: ( J '(�(. ll' e,t ;
eputy Clgrk to the Board a e "I//
K. Hall, Pro. em
AP VED AS TO FORM: F� j� ✓ "
GeoygQ/E Baxter
ounty At orney Co tance L. Harbert
Barbara S. Kirkm er
940380
e e : `,.S .5.7/1C
/J4 n/1/2
Estimate of Total U.S. Department of Housing A
and Urban Development
Required Annual Section 8 air
Contributions Housing Assistance Payments Program
Note: See instructions in appropriate program handbooks. OMB No.2502-0348(exp.10/31/86).
1. Public Housing Agency(Nome and Address) 2. Project No.
Weld County Housing Authority C l0 i 9 1 9 j V 10 r9 i0 10 10 7 O 1 1 15 i
P.O. Box A 3. Submission
Greeley, CO 80632 ❑ Original ® Revision No.: 2
a. Annual Contributions Contract No. 5. HUD Field Office lg. MUD Regional Office 7.No.Dwelling Units(8. No.Units Months
DEN-2392—025-V Denver, CO I Denver, CO 223 j 2,676
9. Housing Program Type(Mark One)
❑ (al New Construction ❑ (bl Substantial Rehabilitation ❑ (ci Moderate Rehabilitation E (d)Existing Housing Cenificate3 (e)Housing Vouchers
10- PHA Fiscal Year Ending Date(Mark one end complete year) n
❑ (el March 31. ❑ (b)June 30, ❑ (c)September 30. Id)December 31, 19: 4
PHA Estimate Mousing Vouchers Only) I PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved
I. Maximum Annual Contributions Housing Payments PHA Fee Total Housing Payments PHA Fee Total
(a) lb) (c) Id) Is) (0
11. Maximum Annual Contributions
Commitment
1 ,040,038
12. Prorata Maximum Annual
Contributions Applicable to a —0— I
Period in Excess of 12 Months
13. Maximum Annual Contributions
for Fiscal Year 1.040,038
(Line 11 plus Line 12)
14. Project Account-Estimated or
Actual Balance at Beginning of 1 ,096,143
Requested Fiscal Year
15. Total Annual Contributions •
Available-Estimated or Actual 2,136,181
(Line 13 plus Line 14)
Project Acct Balance 12/31/93 $1,096,143.43
ACC Amount
$55,353 #007
98,077 008(R)
70,506 009
106,914 010(R)
I' I certify that no employee is serving in a variety 272,377 011(R)
of positions which will exceed 100% of his/her time." 35,483 012(R)
183,243 013(R)
142,264 014
75,821* 015(R)
1 ,040,038
* ACC prorated for project 015
•
Previous Editions Are Obsolete Page 1 of 2 J n0380
HUD-526773705)
Estimate of Required PHA Estimate(Housing Vouchers Only) PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved
Annual Contributions Housing Payments PHA F.. Total Housing Payments PHA Fee Total
(.) IDl Id (d) (e) {0
16. Estimated Annual Housing
Assistance Payments (Form 839,340
HUD 52672, Line 15) /4' V
17. Estimated Ongoing
Administrative / 94,290
Fee (Form HUD-52672. Line 18)
18. Estimated Hard-to-House Fee
(Form HUD-52672. Line 19) 270
19. Estimated Independent Public Y
Accountant Audit Costs 1 ,000
______
Estimated Preliminary Adminis-
20. trative and General Expense ,:/7
(Form HUD-52672. 2,375 ,
Lines 27 aria 36)
Carryover of Preliminary Admin-
21. istrative and General Expense
not Expended in the
Previous FY Ending:( / / ) ,
7
._22. Estimated Non-Expendable
Equipment Expense (Form 4,500
HUD-52672, Line 32)
Carryover of Non-Expendable I /
Equipment Expense not
Expended in the /I'
Previous FY Ending: ( I / ) i / _
24. Total Annual Contributions 941,775
Required-Requested Fiscal
Year(Lines 16 through 23) '
25. Deficit at End of Current
Fiscal Year-Estimated or
Actual
26. Total Annual Contributions
Required (Line 24 plus Line 25)
941.775
Estimated Project Account
27. Balance at End of Requested
Fiscal Year(Line 15 minus
Line 26) 1 ,194.406
Provision for Project Account-
23. Requested Fiscal Year Increase ge 263
(decrease)(Line 27 minus
Line 14) I
III. Annual Contributions Approved
Total Annual Contributions �A
29. Approved-Requested Fiscal •
Year (Line 26 plus increase, if 1,040,038
arty, on Line 28)
Source of Total Contributions
30. Approved-Requested Fiscal
Year: 1 ,040,038
(a) Requested Fiscal Year
Maximum Annual Contributions
Commitment (Line 13 or Line
29, whichever is smaller)
(b) Project Account (Line 29
minus Line 30(a))
—0—
Seynalure,Name and Title of PHA/lpproving Official land date) Signature.Neme and Title of Approving HUD Field Office Official(and date)
i' i / t•-_,:f.A:—•OVA4C{7
W Web a Ch rmaa
Attest: 114117 0004
Page 2 of 2
lerk t t o Board
,a;1• nc. >/i4,, Y`YY>< ['lit__ . i C 110380
Supporting Data for U.S. Department of Housing A
and Urban Development _ 1
Annual Contributions Section 8 1
Estimates Housing Assistance Payments Program
Note: See instructions in appropriate program handbooks. OMB No.2502-0348(exp. 10/31/88)
•
1.PuWN Housing Agency(Name and Address) 2.Protect NO.
Weld County Housing Authority C 0 . 9 9IV 0 9 0 0 0 7 0 1 5
P.O. Box A 3.Submission
Greeley, CO 80632 ❑ Original ® Revision No. 17 I
4.No.of Dwelling Units 5.No.of Unit Months
223 2676
Part I Estimate of Annual Housing Bedroom Slat Number of Monthly Gross I Amount Monthly Unit Months Annual Housing
of Dwelling Dwelling RendPayment Payable by Housing Under Assistance Payments
Assistance Payments Required units units Standard Family Toward Assistance Lease
Gross Rent Payments
Isl lb) Id Id) Is) 10 lot
8. O BR
7. 1BR 54 175 lan _ 235 648 152,280
8. 2BR 90 450 145 305 1080 329,400
9. 3BR 70 SSQ 175 175 840 115,000
10. 4 BR q A25 74lL 3q5 108 6.7 1,60
11.
12.'
13. I ---
14- 11
,5. Total
omn� /� //S 839 �ar.u..P..
Part II Calculation of Estimated Unit M Fab M.mer Ram-OR t Product of Allowable I Administrative
Columns alr(b) Percent
Ongoing Administrative Fee pl 1 x ibl = ml x i0) I = off
16. 2,676 501 1 .301 .676 7.033 94,290
17.
18. Total
/�� 94,290 •
Part III Calculation of Estimated Hard-to-% Estimated Number of Fed Pr Family Total Herd4wlouse
Families
House Fee(Existing Housing iv Fad
) x Ibi F3 ivi
Certificates r Housing —
Vouchers Only) 19.
6 45 270
Pan IV Calculation of Estimated Requested Amount
Preliminary Expense PHA Estimates NOD Modifications
lel chi --
Administrative Expenses 20. Administrative Salaries 1 .595
21. Employee Benefit Contributions 280 •
.__
22. Legal Expense
23. Travel Expense
24. Sundry I 500
25. Office Rent
28. Accounting and Auditing Fees
27. Total Administrative Expenses
2,375
Non-Expendable 28. Office Equipment 4,500
Equipment Expenses 29. Office Furnishings
30. Automotive
31. Other
32. Total Non-Expendable Equipment Expenses
4,500
General Expenses 33. Maintenance and Operation(Non.E,pend.R imo.Only, _
34. Insurance
35. Sundry
36. Total General Expense
-0-
TotaiPreliminary 37. Sum of Lines 27, 32, and 36
Expenses 6,875
940380
Previous Editions Are Obsolete HUD-52672(2.85)
HB 7420.7
oo, 19x6••676-021/20517
WELD COUNTY HOUSING AUTHORITY
tz‘Nss) PRONE(303)352-1551
P.O. Box Box A
GREELEY COLORADO 80632
ik
COLORADO
TO: W.H. Webster, Chairman n
FROM: Judy Griego, Director, Department of Social Services (�(`
SUBJECT: HUD Estimates of Required Annual Contributions for 94
DATE: April 19, 1994
Attached for Board action is Weld County Housing Authority's Section 8 Voucher
Estimates of Required Contributions for FY 1994 which were discussed at the April
18th, 1994 work session.
The Estimates for the Section 8 Voucher programs were included in your Work
Session Board Packet.
The Section 8 Existing program, as administered through the Weld County Housing
Authority, is based on an Annual Contributions Contract or ACC with HUD. The term
of the Voucher ACC is five years. When the initial ACC expires, HUD issues a
"renewal" ACC to replace the original units which were allocated to the housing
authority. HUD assigns "project numbers" based on the respective allocation of
units. Project Number 006 is scheduled to expire April 30th. HUD has prepared a
renewal ACC for those units (20 units) . HUD is now asking us to revise our
Estimates of Required Contributions to reflect the additional budget authority for
the renewal ACC.
The Estimates of Required Contributions are HUD required estimates for the Section
8 Voucher program. The Supporting Documentation form provides a breakdown of what
we anticipate our expenses to be based on the amount of the Housing Assistance
payments anticipated to be paid out. Based on the number of units subsidized each
month we determine the amount of the administrative fee earned for the two Section
8 programs.
The total Annual Contributions available is determined by the amount of the Annual
Contributions contract, plus the carry over authority called the Project Account.
The total anticipated Contributions required for the Voucher program is $941,775.
Staff is recommending approval of the Estimates of Required Contributions for
Section 8 Voucher Project Number 007 through 015.
If you have any questions, please telephone me at 352-1551 ext. 6200.
940380
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