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HomeMy WebLinkAbout930109.tiff RESOLUTION RE: APPROVE ESTIMATE FOR REQUIRED CONTRIBUTIONS FOR SECTION 8 PROGRAM FOR 1993 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, on January 25, 1993, the Board was presented with an Estimate for Required Contributions for Section 8 Program for 1993 between HUD and the Weld County Housing Authority, with the terms and conditions being as stated in said estimate, and WHEREAS, at said meeting of January 25, 1993, the Board deemed it advisable to continue said matter to January 27, 1993, to allow staff adequate time to prepare said estimate, and WHEREAS, at said meeting of January 27, 1993 after study and review, the Board deemed it advisable to approve said estimate. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, ex-officio Housing Authority Board that the Estimate for Required Contributions for Section 8 Program for 1993 between HUD and 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 27th day of January, A.D. , 1993. Alia% BOARD OF COUNTY COMMISSIONERS ATTESLd / WEL COUNTY, COLORADO QWeld County Clerk to the Board COLORADO Constance L. H rbeertt, CChaa�irmman BY: it5/7/11/ /) // Deputy Clerk to the \ W. H. �4y`�bsster, Proo T ci- APPROVE T R • //4 F/ r ,yl eorge .Baxter County Attorney Da . Hall / xtf Barbara J. Kirkmeyei 930109 I-{h n o i co' H'+ Supporting Data for U.S. Department of Housing and Urban Development ,IN Annual Contributions Section 8 1r Estimates Housing Assistance Payments Program ' Notee See Instructions in appropriate program handbooks. . OMB No.2502-0348(exp.10/31/86) I.Public Heading Agency dame and Addreadi 2.Project No. I Weld County Housing Authority CO i9 9 iv 0 9 0 005_ 012_ P.O. Box A 3.Submission Greeley, CO 80632 O Original MX,[Revision No. 1 4.No.of Dwelling Units 5.No.of Unit Months 198 2376 Part I Estimate of Annual Housing Bedroom Sin Number el Monthly Gross Amount Monthly Unit MoMM Annual Housing ot Dwelling Dwelling RwWP.ymsM P.y.hle by Housing Under Assistance Payments Assistance Payments Required units units SMnd.rd F.mlly Toward Aulance Lease Gross Rent P.ytn.nls (al (0) let Idl (5) (s 191 6. O BR 7. 1BR 60 375 171 204 720 146,880 8. 28R /2 450 172 278 864 2402192 9. 3BR 57 550 222 328 684 224,352 10. 4 BR 9 625 201 424 108 45,792 11. 12. 13. ---14. 15. Total ay- //% /� % AS 657,335 Pan 11 Calculation of Estimated Unit Months HUD Published 24R Product of Allowable AdmmbtratHe Fee Ongoing Administrative Fee Fair Market Rent Columns(19.10) Percent 9 91.1 x lb) a (el x Idl = let 1e. 2376 501 1, 190,376 689 82,017 17. 18. Total % , A 82,017 Part ill Calculation of Estimated Hard-to- Estimated Number M Fa.Per Family Total H.FeeaHosse Families Fee House Fee(Existing Housing MI x lb) = le) Certificates and Housing '-- Vouchers O only) 19. 6 45 270 Part IV Calculation of Estimated Requested Amount Preliminary Expense PHA 6''mates HUD Modifications 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(Non-Expend.Equip only) _ 34. Insurance 35. Sundry 36. Total General Expense Total Preliminary 37. Sum of Lines 27, 32, and 36 Expenses 91010113 - Previous Editions Are Obsolete HUD-52572(2-85) HE 7420.7 W: 1966--676-021/20527 Estimate of Total U.S. Department of Housing and Urban Development 011446 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(Name and Address) 2. Project No. Weld County Housing Authority C l 019 1 9 V 019 10 010 i6 011 2 I 3. Submission P.O. Box A Greeley, CO 80632 ❑ Original PRevision No.: 1 4. Annual Contributions Contract No. 5. HUD Field Mee 6. HUD Regional Office 7.No.Dwelling Units IL 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 hAl (e)Housing Vouchers 10. PHA Fiscal Year Ending Date(Mark one and complete year) ❑ (a)March 31, ❑ (b)June 30, ❑ (e)September 30, )U (d)December 31, 19: 93 PHA Estimate(Housing Vouchers Only) PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved I. Maximum Annual Contributions Housing Payments PHA Fee Total Housing Payments PHA Fee Total (a) (b) (e) (d) (e) (g 11. Maximum Annual Contributions Commitment 669,253 64, 194 733,447 12. Prorata Maximum Annual -0- —0— —0— Contributions Applicable to a Period in Excess of 12 Months 13. Maximum Annual Contributions for Fiscal Year (Line 11 plus Line 12) 669,253 64, 194 733,447 14. Project Account-Estimated or Actual Balance at Beginning of 1,009,280.9E 26,583.53 1,035,864. F9 Requested Fiscal Year 15. Total ai Annuable-EltmaterUorAS 1,678,533.96 90,777.53 1,769,311.4 ) Available-Estimated or Actual (Line 13 plus Line 14) HAPS FEE TOTAL PROJECT A.C. Project Acct. Balance 91 881,076.96 35,907.53 916,984.49 006 94,737 Annual Contribution 92 761,985.00 72,456.00 834,441.00 007 55,353 Less Total Requisitions 633,781.00 81,780.00 715,561.00 008 98,077 1,009,280.96 26,583.53 1,035,864.49 009 70,506 010 106,914 ACC Authority 011 272,377 Fee Total 012 35,483 Contract 733,447 Subsidy $669,253.00 $64,194 $733,447 NOTE: This budget does not include contract authority for Project 005 which will expire in 1993. Expenses associated with project 005 are included for the entire year. Estimates will be revised when "renewal" ACC becomes effective. "I certify that no employee is serving in a variety of positions which will exceed 100% of his/her time." 991041.-09 Previous Editions Are Obsolete Page 1 of 2 HUD-52673(2-85) HB 7420.7 II. Estimate of Required PHA Estimate(Housing Vouchers Only) PHA Estimate HUD Approved(Housing Vouchers Only) HUD Approved Housing Payments PHA Fee Total Housing Payments PHA Fee Total Annual Contributions (a) ,���((ix (c) (d) �(e) In 16. Estimated Annual Housing F 657,335 %/�G'LLG 657,335 /l//� Assistance Payments nrm HUD-52672, Line 15) 17. Estimated dr Ongoing %// 82,017 82,017 / Administrative Fee (Form HUD-52672, Line 18) „fff 18. Estimated Hard House Fee 270 270 / (Form HUD-52672, Line 19) 19. Estimated Independent Public % 1,300 1,300 /,% / Accountant Audit Costs , Estimated PrGeneral E ease s- % -- %% 20. trative -526ral Expense 0 i' (Form HUD-52672, Lines 27 and 36) Carryover of Preliminary Admin- 21. istrative and General Expense not Expended 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 / -- -- Previous FY Ending: ( / / ) / 24. Total Annual Contributions Required-Requested Fiscal 658,516 82,287 740,803 Year(Lines 16 through 23) - 25. Deficit at End of Current —Q— —0— —0— Fiscal Year-Estimated or Actual 26. Total Annual Contributions 658,516 82,287 740,803 Required (Line 24 plus Line 25) Estimated Project Account 27. Balance at End of Requested 1,020,017.96 8,490.53 1,028,508.49 Fiscal Year(Line 15 minus Line 26) Provision for Project Account- 28. Requested Fiscal Year Increase 10,737 (18,093) (7,356) (decrease)(Line 27 minus Line 14) III. Annual Contributions Approved Total Annual Contributions 29. Approved-Requested Fiscal Year(Line 26 plus increase, if 669,253 82,287 751,540 any, on Line 28) Source of Total Contributions 30. Approved-Requested Fiscal Year: 669,253 64.194 733,447 (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- 18,093 18,093 Signature.Name and Title of PHA Appmvino 0.1"0"(..,,t date) l� Signature,Name and Title of Approving HUD Field Office Official(and date) !� Constance L. Harbert 1 . 9-ITEST: 01.09 Chaff an WELD `c;,, , LE' f T Page oft BY: f ' 0,2101193 DEPUTY CLERK T THE BOARD- a 94(lelt 411.4 DEPARTMENT OF SOCIAL SERVICES P.O. 806 2 GREELEY,COLORADO 80632 lie. Administration and Public Assistance(303)352-1551 Child Support(303)352-6933 Protective and Youth Services(303)352-192 Food Stamps(303)356-365VI 0 FAX(303)353-521}� COLORADO TO: Constance L. Harbert, Chairman, Board of Commissiane FROM: Judy A. Griego, Director, Social Services /LI SUBJECT: HUD Estimates of Required Annual Contributz sfir 19 DATE: January 25, 1993 (\\JJI \\J Attached for Board action is Weld County Housing Authority's Section 8 Estimates of Required Contributions for FY 1993 which were discussed at the January 18, 1993, Work Session. The Section 8 existing programs, as administered through the Weld County Housing Authority, is based on an Annual Contributions Contract (ACC) with HUD. The term of the Voucher ACC is five (5) 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 004 is scheduled to expire February 28th. HUD will prepare a renewal ACC for those units (11 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 Certificate and Voucher programs. The Supporting Documentation 11 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 (2) 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 carryover authority called the Project Account. Under the Section 8 program, there are two (2) 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 the audit. The total anticipated contributions required for the Voucher program is $733,447. The Department recommends the approval of the Estimates of Required Contributions for Section 8 Voucher Project Number 006 through 012. 920119 53C 165 LiA nDID- Hello