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HomeMy WebLinkAbout931010.tiff RESOLUTION RE: APPROVE HUD ESTIMATES OF TOTAL REQUIRED ANNUAL CONTRIBUTIONS FOR SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM 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 Estimates of Total Required Annual Contributions for Section 8 Housing Assistance Payments Program between HUD (Housing Urban Development) and Weld County Housing Authority, with the terms and conditions being as stated in said estimates, and WHEREAS, after review, the Board deems it advisable to approve said estimates, copies of which are 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 Estimates of Total Required Annual Contributions for Section 8 Housing Assistance Payments Program between HUD (Housing Urban Development) and Weld County Housing Authority, be, and hereby are, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said estimates. The above and foregoing Resolution was, on motion duly made and seconded, adopted b the cedielefollowing vote on the 27th day of September, A.D. , 1993. BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County Clerk to the Board Constance/Jp L. Ha{9rrberlt, Chairman /� '9r— �� BY: Deputy Clerk to th and W. H - We s er, Pro-Tem APPROVED S TO FORM: « C, /Jxj GeorgzE. Bax r /�/ice �County Attorne < Dale K. Hall //Barbara J. Kirkmeye J 931010 Estir4ate of Total U.S. Department of Housing and Urban Development ' Required Annual Section 8 1r Contributions Housing Assistance Payments Program Note: See instructions in appropriate program handbooks. OMB No.2502-0348(exp.10/31/86) 1. Public Housing Agency(Name and Address) 2. Project No. WELD COUNTY HOUSING AUTHORITY C 0 9 9V0 0 9 00C 0 7 JO 1 1 PO Box A a. submisemnlani 60016 $0910 012 13I 93 I Greeley, Co. 80632 ❑ Original El Revision No.: 4. Annual Contributions Contract No. 5. HUD Field Office 6. HUD Regional Office 7.No.Dwelling Units 8. No.Units Months DEN-2392—025-V Denver, Co. Denver, Co. 198 2376 9. Housing Program Type(Mark One) ❑ (a)New Construction ❑ (b)Substantial Rehabilitation ❑ (c)Moderate Rehabilitation ❑ (d)Existing Housing Certificates n (a)Housing Vouchers 10. PHA Fiscal Year Ending Date(Mark one end complete year I--� ❑ (a)March 31, ❑ (b)June 30, ❑ (c)September 30, DC(d)December 31, 19: 94 PHA Estimate(Housing Vouchers Only) PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved I. Maximum Annual Contributions Housing Payments PHA Fee Total Housing PayManta PHA Fee Total (a) (b) (c) (d) (e) 10 — 11. Maximum Annual Contributions Commitment 821,953.00 12. Prorata Maximum Annual _0- Contributions Applicable to a Period in Excess of 12 Months 13. Maximum Annual Contributions for Fiscal Year (Line 11 plus Line 12) 821,953.00 14. Project Account-Estimated or Actual Balance at Beginning of Requested Fiscal Year 1,083,481.00 15. Total Annual Contributions Available-Estimated or Actual (Line 13 plus Line 14) 1,905,434.00 Project Acct. Balance (92) $1,018.056.00 Project # AC Annual Contributions (93) 849,696.00 007 $55,353.00 Less Total Requisitions 784,271.00 008(R) 98,077.00 $1,083,481.00 009 70,506.00 010(R) 106,914.00 011(R) 272,377.00 012(R) 35,483.00 013(R) 183,243.00 $821,953.00 NOTE: This budget does not include contract authority for Project 006 which will expire in April, 1993. Expenses associated with Project 006 are included for the fiscal year. The budget will be revised when "renewal" ACC becomes effective. "I certify that no employee is serving in a variety of positions which will exceed 7100 of his/her time." Previous Editions Are Obsolete Page 1 of 2 an.01O HUD-52673(245) H B 7420.7 •...... o- ;� d PHA Estimate(Nousin{Vouchers Only) PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved '', i II. Annual of Contributions Housing Payments PHA Fee Total Housing Payments PHA Fee Total Annual Contributions p) (b) (c) (d) (0 18. Estimated Annual Housing 736,440.00 Assistance Payments (Form HUD-52672, Line 15) 17. Estimated Ongoing Administrative 82,017.00 Fee (Form HUD-52672, Line 18) 18. Estimated Hard House Fee (Form HUD-52672, Line 19) 270.00 • 19. Estimated Independent ost Public Accountant Audit Costs 1,000.00 ' Estimated Preliminary Adminis- 20. trative and General Expense (Form Lines -5 27 UaDnd 36)2 —0— Carryover of urinary Admin- 21. istrative and General Expense not Expended in in the Previous FY Ending:( / / ) 22. Estimated Non -Expendable . � Equipment Expense ((Form HUD-52672, Line 32) Carryover of Non-Expendable / 23. Equipment Expense not Expended in the _0_ Previous FY Ending: ( / / ) 24. Total Annual Contributions Required-Requested Fiscal 819,727.00 Year(Lines 16 through 23) 25. Deficit at End of Current Fiscal Year-Estimated or Actual I 28. Total Annual Contributions Required (Line 24 plus Line 25) $19,727.00 Estimated Project Account 7. Balance at End of Requested Fiscal Year(Line 15 minus 1 085,707.00 Line 26) Provision for Project Account- 28. Requested Fiscal Year Increase (decrease)(Line 27 minus 2 Line 14) 226.00 II. Annual Contributions Approved Total Annual Contributions 29. Approved-Requested Fiscal . Year(Line 26 plus increase, if 821,953.00 any, on Line 28) Source of Total Contributions 30. Approved-Requested Fiscal Year: 821,953.00 (a) Requested Fiscal Year Maximum Annual Contributions Commitment(Line 13 or Line 29, whichever is smaller) (b) Project Account (Line 29 minus Line 30(a)) -0- Signature eme and Title of PHA Approving Official( d date) Signature,Name end Title of Approving HUD Field Office Official(and date) Constance L Har e t Chairman ATTEST: l Page 2 of 2 e oun Clerk to the Board RV: �P�.,,, `rl- 931010 . • • Supporting Data for • U.S. Department of Housing and Urban Development Annual Contributions Section 8 lr Estimates Housing Assistance Payments Program Note: See instructions in appropriate program handbooks. OMB No.2502-0348(exp. 10/31/86) 1.Public Housing Agency(Name and Address) 2.Project No. ig6L$ox CORNTY HOUSING AUTHORITY C 0 ,99 IV 0 9 0 10 0 7 0 11 x.somonion and CO 16—VOT--_012 013-93 Greeley, Co. 80632 2 Original ❑ Revision No. 4.No.of Dwelling Units 5.No.of Unit Months 198 2376 Part I Estimate of Annual Housing Bedroom Size Number of Monthly.Grose Amount Monthly Unit Months Annual Housing of Dwelling Dwelling RentPsyment Payable by Housing Under Assistance Payments Assistance Payments Required units units Standard Family Payments award c La sso Gross CO (lei (d (di MI (e la 6- O BR _ 7. 1 BR 54 375 140 235 648 _ 1.52.280 00 8. 2BR 76 45.0 , _145 309 919 _978,160 no 9. 38R _62 5_50 175 - 175 , 7_6.1i 979,000 00_ 10. 4 BR 11. 12. 13. 1 _-- 14. 15. Total In j� ��/ �j�� //s 736,440.00 Part 11 Calculation of Estimated Una Months HUDPublished 24R Product a Allowable Administrative Fee Fair Market Rent Columns(el•(te PetCOCII Ongoing Administrative Fee (al - x (b) = (c) x to = (al 19. 2376 5500011 1 190, 376 6 RQZ 82,0L7 17. 18. Total ► 82,017 Part ill Calculation of Estimated Hard-to-% Estimated Numb.of of Fee P-Family — Total Hard-to-House Families Fee House Fee(Existing Housing Cal X MI — lc} Certificates and Housing Vouchers Only) only) 19. 6 45 270 Repuested Amount Part IV Calculation of Estimated PHA Esthn,ue HUD Modifications Preliminary Expense (sl (bi __ Administrative Expenses 20. Administrative Salaries _ 21. Employee Benefit Contributions ._ 22. Legal Expense 23. Travel Expense 24. Sundry 25. Office Rent 26. Accounting and Auditing Fees 27. Total Administrative Expenses Non-Expendable 28. Office Equipment ' Equipment Expenses 29. Office Furnishings 30. Automotive 31. Other 32. Total Non-Expendable Equipment Expenses General Expenses 33. Maintenance and Operation(NomEspend.Ebnlp-omit 34. Insurance 35. Sundry 36. Total General Expense Total Preliminary 37. Sum of Lines 27,32, and 36 Expenses 931010 Previous Editions Are Obsolete HUD-52672(2-85) HB 7420.7 • CPO. 1956-626-021/20537 Aste' 11 WELD COUNTY HOUSING AUTHORITY PRONE(303)0 Box 1 P.O. BoxA GREELEY,COLORADO 80632 ik COLORADO TO: Constance L. Harbert, Chairman, Board of County Commissioner(IFROM: Judy Griego, Director, Department of Social Services SUBJECT: HUD Estimates of Required Annual Contributions for 1 4 DATE: September 21, 1993 Attached for Board action is Weld County Housing Authority' s Section 8 Estimates of Required Contributions for FY 1993 which were discussed at the Work Session of September 20, 1993. The Estimates of Required Contributions are HUD required estimates for the Section 8 Certificate and Voucher programs. 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 amount of contract authority from HUD is determined by the Annual Contributions Contract between HUD and the Housing Authority. The total Annual Contributions available is determined by the amount of the Annual Contributions contract, plus the carry over authority called the Project Account. Under the Section 8 program, there are two funding categories: Housing Payments and PHA Fee. PHA fee includes the administrative fee, Hard to House fees (for three or more bedroom units) and Preliminary costs expenses. Housing Payments include the actual subsidy payments made as well as the cost of the audit. The Section 8 program is 100% Federally funded. The total anticipated Contributions required for the Voucher program is $819,727, up from $740,803 from last year, while the Contributions required for the Section 8 Certificate program is $719,840, from last years level of $675,055. While the administrative fee has remained the same due to a freeze in the Fair Market Rent, overall costs have gone up due to higher rents. Staff recommends Board approval of the Estimates of Required Contribution for the Section 8 Certificate Program and the Section Voucher program for 1994. If you have any questions, please telephone me at 352-1551 ext. 6200. .: 931010 Hello