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HomeMy WebLinkAbout941325.tiff RESOLUTION RE: APPROVE 1995 HOUSING REHABILITATION APPLICATION FOR COLORADO DIVISION OF HOUSING LOAN/GRANT ASSISTANCE 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 the 1995 Housing Rehabilitation Application for Colorado Division of Housing Loan/Grant Assistance beteen 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, and the Colorado Division, effective January 1, 1995, with further terms and conditions being as stated in said application, and WHEREAS, after 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, ex-officio Housing Authority Board, that the 1995 Housing Rehabilitation Application for Colorado Division of Housing Loan/Grant Assistance between 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, and the Colorado Division of Housing 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 28th day of December, A.D., 1994. A / BOARD OF COUNTY COMMISSIONERS ATTEST uYiw�, �/D -4.444,7 WELD COUNTY,.,COLORADO Weld County Clerk to the Board bJ f �J4�b . k� H. Webster, C irma Deputy Clerk to the Board Dale . Hall, Pro- APPROVED AS TO FORM: '7Z . u, /GeorigeI Baxter County Atto'rney Co tance L. Harbert , Barbara J. Kirkmeye 941325 �C; N/9 HA0013 WELD COUNTY P.O. BOX 756 GREELEY, COLORADO 60632 TABLE OF CONTENTS SECTION APPLICANT FORMS I APPLICANT STATEMENT OF ASSURANCES II DIVISION OF HOUSING DISCLOSURE REPORT III RESIDENTAIL ANTI-DISPLACEMENT AND RELOCATION PLAN IV DAVIS-BACON EXEMPTION CHECKLIST V ATTACHMENTS APPLICANTS EXPERIENCE (CONTINUED) A NOTICE OF PUBLIC HEARING B PROJECT LOCATIONS C 1990 CENSUS DATA D LETTERS OF COMMITTMENT E W-9 REQUEST FOR TAXPAYER IDENTIFICATION F 941325 Application far' R "rte olorado Division cif Housing Loan/ rant Assistance 4994 AMOUNT OF FUNDING REQUESTED $ 80,800 _Loan Grant APPLICATION INFORMATION Applicant(Name and Address) Weld County PO Box 758 Greeley,CO 80632 Chief Elected Official or Executive Director Phone No 366000 ext 4200. Federal ID No. W.H.Webster 84-6000813 Fax No.363.1964 Title Chairman Address Same as above Designated Contact Person for Application Title Director,WCHA Phone No.362-1661 ext 6445 Jim Sheehan Fax No.353-6216 Address Weld County Housing Authority,PO Box A, Greeley,CO 80632 TYPE oP oROANIZATI0N TYPE OP PROJECT x Municipality/County/Consortia X Rental Nonprofit[601(c)1(send copy of IRS determination) Homeownership CHDO(Community Housing Development Organization) Rental Assistance Public Housing Authority Group Home or Shelter Other(Specify) PROJECT DESCRIPTION TYPE OF PROJECT ACTIVITIES(Check allot the activities involved Si your project) New Construction X Rehabilitation Tenant Based Rental Assistance Infrastructure Improvements Program Administration Acquisition First Time Home Buyer Program Other(Specify) APPLICANT MANAGEMENT CAPACITY/PROJECT PERSONNEL EXPERIENCE (Use additional pages if necessary) See Attachment Application-1 941325 Grant Administrator: Jim Sheehan,Director,Weld County Housing Authority Project Manager: Jim Sheehan,Director, Weld County Housing Authority Project Coordinator: Paul Pryor,Housing Rehabilitation Specialist Weld County Housing Authority Fiscal Manager: Jjim Sheehan,Director Weld County Housing Authority in coordination with Weld County Accounting Division Project Engineer: NA Project Architect: NA Application-2 941325 Consultant: NA Project Owner: NA Project Developer: NA Property Manager: NA PROJECT LOCATION: Street Address: City County Weld SITE CONTROL STATUS(etitORone) OWNED OPTIONED LEASED (send dccta tentat on) OTHER(Explain) Application-3 941325 �CNMICi BTATItB• (send dootwtnentaEfat) Not Applicable to Rental Rehab under most circumstances. Application-4 941325 Project Description Narrative RENTAL REHABILITATION Four(4)units have been identified in the communities of Evans,Gill,Galeton and La Salle requiring Rental Rehabilitation. Through the Rental Rehabilitation Program,low Interest,three per cent, loans will be provided to property owners who are interested in correcting health and safety violations and to bring the units up to the Weld County Housing Authority minimum property standards. The maximum amount of funds loaned will be as follows: One Bedroom Unit--$11,600 Two Bedroom Unit--$14,000 Three Bedroom Unit--$16,000 Four Bedroom Unit---$18,000 Each property owner will be expectged to match at least twenty per cent of the projectcost. $70,000 is requessted for the Rental Rehabilitation Program. Application-5 941325 Application-6 941325 OTHER PROJECT INF0RMA'110t4: What energy efficient measures have been included in the project design? Project will be assessed to assure that a minimum of R-30 will be attained in all units rehabbed when feisible. Tenants which are occupied,will be referred to the weatherization. What additional design work must still be completed? NA Have you included ADA/Section 604/state access requirements in your cost estimates? YES_ NO_ If not,why not? Not applicable for Housing Rehabilitation unless a family,meeting the definition of disabled,has a need for accessibility modifications. Complete the Davis-Bacon wage rate exemption checklist(copy on page 16 of Attachments).If Davis-Bacon wages apply to the project 'include in the project co Application-7 941325 Have any of the units received Rental Rehabilitation Program Funds? If yes,how many units.(HOME-funds cannot not be used in units having received rental rehabilitation program funds) No units which have received rental rehabilitation funds will be eligible for HOME rental rehabilitation hinds through Weld County's Program. Describe any in-kind contributions by type and value in support of this project. Include in the Project Budget and Sources and Uses the cash value of the in-kind contributions. Weld County provides Inspection services.throught the Weld County Building Inspections Department at no cost to the Housing Authority. The amount of the in-kind contribution to the program will be$140,00. This amount is based on$30.00 for each inspection,plus milage at S20.00. Weld County intends to commit 511,000 in inkindstaff support toward the administration of the project.. What other funding alternatives have been explored? Describe the results. Weatherization Program administered through the Larimer County Department of Human Resources. Larimer County Weatherization program has committed-to assist ten homes through the combined owner occupied and renatal rehabilitation program. Two of the homes assisted will be trageted toward the rental rehabilitation program. Describe local commitment,and/or resistance,to the project. Also,describe efforts made to build community support for the project and the results of those efforts. Weld County intends to commit$11,000 toward the administration of the project.. A minimum of$14,000 will be contributed as a matching contribution from rental property owners who choose to-participate in the HOME rental rehabilitation program. Prooperty owners will be required to contribute$250 as an origination fee for processing of the rental rehabilitation loan.; for four(4)different units,the total amount-would be$1,000. Weld County provides inspection services throught the Weld County Building Inspections Department at no cost to the Housing Authority.The amount of the in-kind contribution to the program-will be$140,00. This amount is based on$30.00 for each inspection,plus milage at$20.00. Application-8 941325 PR4JEG'f MARKETINFORMATKIN . Application-9 941325 Describe project need. RENTAL REHABILITATION PROGRAM The current vacancy rate for rental property continues to be less than two per cent according to information provided by a study conducted by the University of Northern Coloraldo. Interest has been expressed from four rental property owners in Garden City, Evans, La Salle,and Gill for the rental rehabilitation The need for each component was determined by two different sources 1. Applications which were submitted for the program providing an application pool. Weld County will continue to market the rental rehabilitation programs through the local media and through local outreach efforts including: 1. Door to door outreach: 2. Public presentations to local organizations;and 3. Referrals from the target communities,the Weld County Health Department and Weld County Building Inspections Department. Weld County has continued to accept applications and build upon our waiting list in order to meet thehousing needs of it's citizens,as well as to develop a planning strategy for the program. • Application-10 941325 How was need determined? The need for each component was determined by two different sources: I. 1990 Census data for the targetarea for owner occupied and rental housing. 2. Applications which were submitted for the respective programs providing an application pool for each program. Describe how project/program will be marketed to the identified beneficiaries. Weld County will continue to-market the rental rehabilitations programsthrough the local media and through local outreach efforts including. I. News and radio press releases; 2. public presentations to local organizations;and 3. Referrals from the target communities,the Weld County Health Department and Weld County Building Inspections Department. Weld County has continued to accept applications and build uipon our waiting list in order to meet the housing needs of it's citizens,as well as to develop a planning strategy for the program. Application-11 941325 PROJECT BENEFICIARIES .. " Number of Persons rat AGWAY Will Serve Directly by Pert* 04 of Median Income .. Descriptive Title of Proposed Project Activity Total 110%41% 00%-61% 60%61% 60%or less Rental Rehabilitation 12 8 4 Describe method(s)by which the estimates of low and moderate Income persons were determined?Attach supporting documentation if necessary. The estimates are based on the past three years participants In our rental rehabilitation program. The HOME Rental Rehabilitation Program requires that and landlord participating in the program require that 90%of the units be rented to families with incomes less thn 60%of median income for our area.. -Since we plan to complete a relatively small number of units, all rehabbed units will be occupied by families having incomes of less than 60%of medina income. This condition will become a part of our contract with the rental property owner. The average number in each household for our 1994 program was 4.16 per household. Description of local selection process for beneficiaries Only property owners who who own requiring rehabilitation and who agree to the program and contracual provisions will be determined eligible to participate in the HOME Rental Rehabilitation program. Paticipation will be determined first come first serve. Application-12 941325 FORM A-SOURCES AND USES OF FUNDS NEW CONSTRUCTION(MULTI AND SINGLE FAMILYZ or REHAB(MULTI FAMILY) Other Funding Project Activities Total Project Cost State Funds Requested Amount Source Status A AcgU9agkul Goats 1. Land 2. Existing Structures 3 Other B.ConstrueUoatRehaa {constr contract costs} 1.Site Work 2. New Building 3. Rehabilitation 4.Performance Bond 5. Infrastructure/on-site 6. Infrastructure/off site 7. Landscaping 8. Contingency 9 Other c.Arch EngRgeertng Fees I. Architect Fee 2. Consultant 3. Engineering Fees 4.Other D.Other O wner•Costa 1. Appraisal 2. Building Permits 3. Tap Fees 4. Soil Test/Env.Survey 5. Other E.nterimcostx . . 1. Construction insurance 2. Construction interest 3. Constr.Loan/Orig. Fee 4. Other 941325 Application-13 Other Funding Project Activities Total Project Costs State Funds Amount Source Status Requested F,PetY11Anent F)dancIng . :Fees avid Expenses W 1. Credit Report 2. Permanent Loan Origination Fee 3. Title and Recording 4 Attorney Fees 5. LIHTC Fees 6. Other G.Developer s Fea H.Tenant Relocation 1. Temporary Relocation 2. Permanent Relocation sus TOTAL.(A-H) I,'Pro)act AdnanMrat)on 1. Marketing/Management 2. Operating Expenses 3. Real Estate Taxes 4 Other J Gtanta Administration 1. Financial Reports 2. Program Reports 3. Payment Requests 4 Audit :SUB TOTAL(hl) GRAt O TOTAL(A J ... t - SUMMARY OF FUNDING SOURCES(include Permanent Financing) Fund Amount Source (Loan or Grant) Term of Loan Interest Rate Total: Application-14 941325 FORM B-SOURCES AND USES OF FUNDS REHABILITATION-SINGLE FAMILY OWNER/RENTER OCCUPIED Other Funding Project Activities Total Project State Funds Amount Source Status Cost Requested A,Rehabilitation ..... 1. Labor/materials 86,140 70,000 14, 000 Rental Program Property Requirrement 2, 000 Ownerws Match Requirment Weatherizatlon Committed Program of Larimer County 140 Weld County Committed 2. Lead Based Paint Testing 3. Building Permit Fees 4 Other D.Replacement Housing 1. Labor/materials 2. Building Permit Fees 3 Other C. Emergency Repairs 1. Labor/materials 2. Building Permit Fees 3. Other 4 Other SUB TOTAL(AM 86, 140 70,000 16, 140 D. General Administration 1. Salaries/Fringe 11,000 11,000 WCHA Committed 2. Reports/Pymnt Requests 3. Audit 500 500 4. O&E/Recording Fees 5. Office Supplies 100 100 6. Travel 500 500 7. Worker's Comp 8. Insurance Application-15 941325 9. Legal Notices 100 100 10. Loan Servicing 11. Other Indirecet Cost Share 300 300 L Pined Adm9rNshation 1. Rehab Spec. 10,000 9,000 -1,000 Loan Origination Program rules Salary/Fringe fee from Rental Property Owners 2. Travel 300 300 3. Other SUBTOTAL('E) 22,800 10,800 12,000 GRAtiO TOTAL iftee) 108,940 80,800 28,140 Application-16 941325 FORM C-SOURCES AND USES OF FUNDS GENERAL HOUSING PROJECTS Other Funding Project Activities Total Project State Funds Amount Source Status Cost Requested A 1stTime FMtntfdyers' - 1. Downpymt Assistance 2. Closing Costs 3. Interest Rate Buydown 4 Case Management 6. Other B.Tenant ed Rent A stance 1.Rent Payments 2.Case Management 3.Other 1. 2. 3 SUBTOTAL(A-C) D. General Ad,ntnistration 1. Salaries/Fringe 2. Reports/Pymnt Requests 3. Audit 4. O&E/Recording Fees 5. Office Supplies 6. Travel 7. Workers Camp 8. Insurance 9. Legal Notices 10. Loan Servicing 11. Other SUB TOTAL(D) GRAND TOTAL(A-D) Application-17 941325 CONSTRUCTION COST ESTIMATE WORKSHEET (To be submitted for any new construction or multi-family rehab projects) ATTACH A COPY OF THE PROJECT COST ESTIMATES. THESE MUST BE BASED ON CONTRACTOR OR ARCHITECT REVIEW OF ACTUAL DRAWINGS Application-18 941325 FORECASTED PROJECT CASH FLOW(Rental Housing Projects Only) INCOME EXPENSES 3:isy'U � .�:i; �iiri; Annual ,':1�'`:.: <₹€!`s<"ti's.,;.::,.>:.;s::.�s:.:::::::. #of Units Sq.Ft. Monthly Rent Total iA4#�l:.,. �/ Rent ........:....... 's"::r....,.....�:^::>s:-� �<">f3i�Y%"y ., , 0 Bdrm Management Fee 1 Bdrm Site Manager Salary(Intl.taxes&-benefits) 2 Bdrm Legal,Accounting,Audit 3 Bdrm Advertising 4 Bdrm Office SuppliesWinniganiarnii'AgniMPORN, Total Rent Income Parking Income iMP@tilhilittaitali . . '' na, Laundry income Utilities(Owner paid) Other Income Trash Removal Elevator Vacancy Rate: Less Vacancy < > Fire&Liability Insurance 'gi1 t frA>ao IIFGLNtiI$ ` .' ,,: ., totatOWF tl9 A9tltfalltt.I.k:s�n':tiui>:{:::::?::..............:. .:: :: .::....... ANNUAL DEBT SERVICE Maintenance 1st Mortgage Repairs 2nd Mortgage Groundskeeping(include snow removal) NROM0 Other Debt Service(specify) _ t " Real Estate Taxes Operating Reserve Replacement Reserve :,:. T#XAittANM11i31ti�,t �$�S'Y`.: TEN YEAR OPERATING PROFORMA Year 1 -Year 2 Year 3 Year 4 Year 5 TotaFincome Less Vacancy Effective Gross Income Total Annual Expenses Total Debt Service Annual Cash Flow Year 6 Year 7 Year 8 Year 9 -Year 10 Total Income Less Vacancy Effective Gross Income TotalAnnual Expenses Total Debt Service Annual Cash Flow Application-19 941325 PROGRAM INCOME YES X NO Will any program income be realized?(Program income means amounts generated from the use of CDBG or HOME funds.) Local Government X Subreciient If yes,who will retain the program income? If yes, how will the retained program income be used? For the same type of rehabilitation services for future projects. ENVIRONMENTAL ISSUES YES NO X Has there been an evaluation of asbestos hazards? X Has there been an evaluation of lead-based paint hazards? X Will the project be undertaken in flood hazard areas?(Attach floodplain maps/studies reviewed in reaching this conclusion.). X Will the project be undertaken in geological hazard areas, or affect historical, archeological or cultural resources? X Will the project be located within 1,000 feet of a major highway, 3,000 feet of a railroad, 15 miles of a commercial airport or near some other major noise source? X Will the project belocated within one-mile of above-ground storage tanks,transmission pipelines or loading facilities for explosive or fire-prone substances? X Will the project be undertaken near commercial airports or military airfields? If you answered yes to any of the above,what alternatives have been considered?How do you plan to mitigate the adverse effects? Noise resulting from the proximity of the rehabilitation project to either a railroad or Highway 85, Highway 34or Interstate Highway 25 will be mitigated by insulation and thermopane windows. Application-20 941325 ACQUISITIQN,RELQCA7)OIC AIY[1 REPLACEMENT ISSUE8IE Will the proposed project involve the acquisition of any land or buildings? YES_ NO X Has the Fair Market Value of the property been established? YES_ NO X If yes, how? If by appraisal, send a copy of the appraisal: Has the seller/owner been notified of the Fair Market Value and signed the appropriate Voluntary YES_ NO Transaction forms(Sample forms start on page 16 of Attachments)? Date of Notification: Will the proposed project activity directly result in permanent,temporary or economic YES_ NO X displacement? If yes, are the displacees considered low income families or individuals? (include documentation of current resident incomes) YES_ NO If yes,what steps have been taken to minimize displacement? If yes,what assistance/benefits will be provided to displacees? Application-21 941325 Will the proposed project result in the demolition or change in the use of any existing low income YES_ NO X housing units? If yes,what plans have been developed to replace the units and ensure that they stay at or below "Fair Market Rent'for 10 years? SPECIFICACTMTIES repo€r€ng determinat€onswhich must cite the reasonswhy the activity€sNECESSARY"andtar "APPROPRUYTE^(A€tach the required determ€nations=tb your application 1 Activities carried out by subrecipients when such activities are not otherwise listed as eligible activities and are not described as ineligible activities. Such activities are eligible when the grantee"determines that such activities are necessary or appropriate to achieve its community development objectives." YES NO x Specific Activity: Relocation payments and assistance not required by or above those required by the Uniform Act(unless such payments or assistance are made pursuant to State or local law). Such activities are eligible"only upon the basis of a written determination that such payments are appropriate." YES NO x Specific Activity: Preparation of applications for other federal programs.This activity is eligible if the applicant/grantee"determines that such activities are necessary or appropriate to achieve its community development objectives." Fm HA Housing Preservation Grant Program YES x NO Specific Activity: Loans for refinancing existing indebtedness secured by a property rehabilitated with CDBG funds.Such loans are eligible"if such financing is necessary or appropriate to achieve the(applicant/grantee's)community development objectives." YES NO x Specific Activity: Application-22 941325 Additional signatures:are required only in the case of"ntulti4unsdictionar applicants g tMs is a mutti- jurtsdictional application,the Chief Elected Official of each municipality anti county participating in the application!must sign to the best;of my knowledge and belief,statements and data in this applicatlon,',includingthe required Application Statement of Assurances and Certficatlons,the attached tables and!other documentation,are true and corr t. he suhmtssion of this application has been duly authorized by the governing body c#,the applicantitesd Jurisdiotien and ther participating Jurisdictions. rcj Signature,Chief Elected ORcial/Ofrcer nig ., Signature,Chief Elected Official/Officer , ,.,, ..! Signature,Chief Elected Official/Officer W.H.Webster 1��/ "�/ B/ � .1,�..,_._. Name(Typed or Printed) Name(Typed or Printed) is Name(Typed or Printed) �`,� Weld County Board of Commissioners Chairman Title .:. ENg Title 12-28-94 Date •; Date ".; Date Signature,Chief Elected OfciallORcer Signature,Chief Elected OfficiaUORcer Signature,Chief Elected Official/Officer -Name(Typed or Printed) Name(Typed or Printed) 1.11111 Name(Typed or Printed) WiliMii Title Title " Title Date Application 23 941325 Colorado Division of Housing Loan/Grant Programs APPLICANT STATEMENT OF ASSURANCES AND CERTIFICATIONS The applicant hereby assures and certifies that: (a) it: (1) possesses legal authority to apply for the loan/grant and to execute the proposed project, and its governing body has duly adopted or passed as an official act a resolution, motion or similar action authorizing the filing of the application, including all understandings and assurances required, and directing and authorizing the applicant's chief executive officer and/or other designated official representatives to act in connection withthe application and to provide such additional information as may be required; and (2) will give the State, the U.S. Department of Housing and Urban Development (HUD), and any state authorized representatives access to and the rights to examine all records, books, papers or documents related to the application and grant. (3) it is following a detailed citizen participation plan which: lil provides for and encourages citizen participation with particular emphasis on participation by persons of low and moderate income who are residents of areas which Community Development Block Grant (CDBG), Home Investment Partnership (HOME), Housing Development Grant (HDG) and Revolving Loan Fund (RLF) funds are proposed to be used; (ii) provides citizens with reasonable and timely access to local meetings, information, and records relating to its proposed and actual use of CDBG, HOME, HDG and RLF funds; (iii) provides for technical assistance to groups representative of persons of low and moderate income that request such assistance in developing proposals with the level and type of assistance to be determined by the applicant; (iv) provides for public hearings to obtain citizen views and to respond to proposals and questions at all stages of the community development program, including at least the development of needs, the review of proposed activities, and review of program performance, which hearings shall be held after adequate notice at times and locations convenient to potential or actual beneficiaries, and with accommodation for the handicapped; (v) provides for a timely answer to written complaints and grievances, within 15 working days where practicable; and (vi) identifies how the needs of non-English speaking residents will be met in the case of public hearings where a significant number of non-English speaking residents can be reasonably expected to participate. (4) has provided for and encouraged citizen participation, with particular emphasis on participation by persons of low and moderate income who are residents of areas in which CDBG, HOME, HDG and RLF funds are proposed to be used; by: (i) furnishing citizens information concerning the amount of funds available for proposed and housing activities and the range of activities that may be undertaken, including the estimated amount proposed to be used for activities that will benefit persons of low and moderate income. Its plans for minimizing displacement of persons as a result of activities assisted with CDBG, HOME,-HDG and RLF funds and its plan for assisting persons actually displaced as a result of such activities; COLO Division of Housing Loan/Grant Assurances/Certification-1 • 941325 (ii) publishing a proposed project plan/application in such a manner to afford citizens an opportunity to examine its content and to submit comments on the proposed project plan/application and on the community development performance of the jurisdiction(s); (iii) holding one or more public hearings,-as indicated below, to obtain citizens view and to respond to proposals and questions related to community development and housing needs, proposed activities and past CDBG, HOME, HDG, and RLF performances. All hearings were held no sooner than five days after notice, at times and locations convenient to potential or actual beneficiaries, and with accommodation for the handicapped and for the needs of non-English speaking residents where a significant number of such residents could have been reasonably expected to applicant(s); Aoolicant/Participant` Date Time Location Weld County December 19 7•Cp p.m. Platteville Town Hall 1994 • In the case of a "multi-jurisdictional" application, each participating municipality and county must hold at least on public hearing. Signature,Chief Elected Official/Officer Signature,Chief Elected Official/Officer Signature,Chief Elected Official/Officer W.H. Webster Name(Typed or Printed) Neme (Typed or Printed) Name (Typed or Printed) Weld County Board of Commissioners Chairman Title Title Tale 12-28-94 Date Date Date Signature,Chief Elected Official/Officer' Signature,Chief Elected Official/Officer Signature,Chief Elected Official/Officer Name(Typed or Printed) Name(Typed or Printed) -Name(Typed or Printed) Tale Title Title Date Date Date Additional signatures are required only in the case of "multi-jurisdictional"applicants.If this.is a multi-jurisdictional application, the Chief Elected Official of each municipality and county participating in the application must sign. COLO Division of Housing Loan/Grant Assurances/Certifications-2 941325 DIVISION OF HOUSING DISCLOSURE REPORT PART 1: APPLICANT/GRANTEE INFORMATION 1. Application/grantee name, address and phone number: Weld County P.O. Box 758 Greeley, CO 80632 (303) 356-4000 Ext. 4200 Federal employer identification number:RR 2. fn4dica e0wfiether this report is: Initial X Update 3. Project Assisted/To be Assisted. a. Fiscal Year: 1995 b. Entitlement Grant(s) Competitive Grant X c. Amount requested/received: $395,000 d. Program income to be used with (c) above: e. Total of (c) and (d): PART II: THRESHOLD DETERMINATIONS 1. Is the amount listed at 3(e) above more than $200,000? Yes X No 2. Have you received or applied for other HUD assistance (through programs listed in Instructions) which, when added to 3(e) above amounts to more than 8200,000? Yes X No If the answer to either 1 or 2 of this Part is "Yes," then you must complete the remainder of this report. If the answer to both 1 and 2 of this Part is "No," then you are only required to sign the following certification and need not complete the remainder of this report. I hereby certify that this information is true. 12-28-94 W. H. %bste , Chairman, Weld Co ty Board of (Chief Elected Official/Title) Commissioners (Date) Division of Housing Disclosure Report-1 941325 PART III: OTHER GOVERNMENT ASSISTANCE PROVIDED/APPLIED FOR 1. Provide the requested information for any other Federal, State and/or local governmental assistance, on hand or applied for, that will be used in conjunction with the funds you are requesting from the Division of Housing. (See instructions) Name and Address of Agency Providing Program Type of Amount Requested or to Provide Assistance Assistance or Provided Farmers Home Administration HPG Grant $90,000 655 Parfet Street Rm. E-100 Lakewood, CO 80215 Division of Housing Disclosure Rapers-2 941325 PART IV: INTERESTED PARTIES Alphabetical List of All Persons with Social Security Type of Financial Interest in a Reportable Financial Interest in the or Employer ID # Participation Project (S or %) Project in Project None Division of eamro Disclosure Report-3 941325 PART V: EXPECTED SOURCES AND USES OF FUNDS This Part requires that you identify the sources and uses of all assistance, including the funds you are applying for/or have received from the Division of Housing, that have been or may be used in the Project. SOURCE USE CDBG/HOME Housing Rehabilitation-SFOO Housing Rehabilitation- Rental Properties FmHA Housing Preservation Housing Rehabilitation Grant Program PART VI: CERTIFICATION I hereby certify that the information provided in this disclosure is true and correct and I am aware that any false information provided or lack of information knowingly made or omitted may subject me to civil or criminal penalties under Section 1001 of Title 18 of the United States Code. In Addition, I am aware that if I knowingly and materially violate any required disclosure of information„ including intentional nondisclosure, I am subject to a civil money penalty not the exceed S10,000 for each violations. /L) ) bid*77, Chairman 12-28-94 W. H. Webster Board of County Commissioners (Chief Elected Official or Executive Director/Title) (Date) Division of Mouinp Disclosure Roportd 941325 RESIDENTIAL ANTIDISPLACEMENT AND RELOCATION ASSISTANCE PLAN for the Home Investment Partnership(HOME) Program and/or the Community Development Block Grant(CDBG) Program Weld County will replace all occupied and vacant occupiable low/moderate income dwelling units demolished or converted to a use other than as low/moderate income housing as a direct result of activities assisted with HOME funds, as required by Section 105(b) of the Cranston-Gonzales National Affordable Housing Act(42.U.S.C. 12705(b)) and or with CDBG funds, as required by Section 104(d) of the Housing and Community Development Act of 1974,as amended(the Act), and implementing regulations at 24 CFR 570.496a. All replacement housing will be provided within three years of the commencement of the demolition or rehabilitation relating to conversion. Before obligating or expending funds that will directly resultin such demolition or conversion, Weld County will make public and submit to the State the following information in writing: 1. Description of the proposed assisted activity; 2. The general location on a map and approximate number of dwelling units by size (number of bedrooms)that will be demolished or converted to a use other than as low/moderate dwelling units as a direct result of the assisted activity; 3. A time schedule for the commencement and completion of the demolition or conversion; 4. The general location on a map and approximate number of dwelling units by size (number of bedrooms)that will be provided as replacement dwelling units; 5. The source of funding and a time schedule for the provision of replacement dwelling units; and, 6. The basis for concluding that each replacement dwelling unit will remain in a low/moderate income dwelling unit for at least 10 years from the date of initial occupancy. 7. Information demonstrating that any proposed replacement of housing units with smaller dwelling units (e.g., a 2-bedroom unit with two 1-bedroom units), or any proposed replacement of efficiency or single-room occupancy(SRO)units with units of a different size, is appropriate and consistent with the housing needs and priorities identified in the approved Comprehensive Housing Affordability Strategy(CHAS). To the extent that the specific location of the replacement housing and other date in items 4 through 7 are not available at the time of the general submission, Weld County will identify the general location of such housing on a map and complete the disclosure and submission requirements as soon as the specific data are available. Weld County Housing Authority at telephone number 352-1551 ext. 6445 is responsible for tracking the replacement of low/moderate income housing and ensuring that it is provided within the required period. The Weld County Housing Authority at telephone number 352-1551 ext.6445 is responsible for providing relocation payment and other relocating assistance to any low/moderatefncome person displaced by the demolition of any housing or the conversion of low/moderate income housing to another use. The Weld County will provide relocation assistance, as described in 570.496a(b)(2),to each low/moderate income household displaced by the demolition of housing or by the conversion of a low/moderate income dwelling to another use as a direct result of assisted activities. Consistent with the goals and objectives of activities assisted under the Act,the Weld County will take the steps indicated below to minimize the displacement of persons from their homes:* • The following are examples of steps to minimize displacement. The first two are required. The others are optional. Only check those which are appropriate for the project and local circumstances.Add other steps as necessary or appropriate. Attachments-13 941325 /13zs X Provide substantial levels of relocation assistance, as required by 24 CFR 570.496a(b)(2). The substantial cost of providing such assistance serves as a strong deterrent to unnecessary displacement. X Replace all occupied and vacant occupiable low/moderate income housing demolished or converted as a direct result of HOME-assisted project activities, and make such replacement housing affordable for at least ten years. The substantial cost of providing such replacement housing serves as a strong deterrent to unnecessary displacement. Consider all practical alternatives to any proposed project which may result in residential displacement. Alternatives to be considered include other sites for the proposed facilities/project. Also to be considered are the costs and benefits, both financial and nonfinancial, of each alternative. A Provide counseling and referral services to assist displacees find alternative housing in the community. Work with area landlords and real estate brokers to locate vacancies for households facing displacement. X Stage rehabilitation of assisted housing to allow tenants to remain during and after rehabilitation,working with empty buildings or groups of empty units first so they can be rehabilitated first and tenants moved in before rehab on occupied units or buildings is begun. Establish temporary relocation facilities in order to house families whose displacement will be of short duration, so they can move back to their neighborhoods after rehabilitation or new construction. Evaluate housing codes and rehabilitation standards in reinvestment areas to prevent their placing undue financial burden on long-established owners or on tenants of multi-family buildings. Develop displacement watch systems in cooperation with neighborhood organizations to continuously review neighborhood development trends, identify displacement problems, and identify individuals facing displacement who need assistance. Coordinate code enforcement with rehabilitation and housing assistance programs. Adopt policies to identify and mitigate displacement resulting from intensive public investment in neighborhoods. Adopt policies which provide reasonable protections for tenants faced with conversion to a condominium or cooperative. Adopt tax assessment policies, such as deferred tax payment plans, to reduce impact of increasing property tax assessments on low/.moderate;income owner-occupant or tenants in revitalizing areas. L 1ky I i 17 IIJ: V/I1 12-28-94 Signature of Chief Elected Official Date W. H. Webster, Chair, Weld County Board of Commissioners NOTE: EACH MUNICIPALITY AND COUNTY DIRECTLY PARTICIPATING IN A MULTI-JURISDICTIONAL APPLICATION IS REQUIRED TO HAVE A RESIDENTIAL ANTIDISPLACEMENT AND RELOCATION ASSISTANCE PLAN. Attachments-14 941325 DAVIS-BACON EXCEPTION CHECKLIST Project# The Grantee Weld County affirms that(parWall) of its HOME/CDBG project-is excepted from Davis-Bacon Prevailing Wage Rate Provision because: (a) The prime construction contract funded in whole or in part with HOME/CDBG funds is less than $2,000. (b) The entire project consists solely of demolition. X (c) The entire project consists of rehabilitating property that was designed for fewer than eight units (if CDBG funds are used) or twelve units(if HOME funds are used). **(See Discussion Below) (d) Part/all of the project consists solely of delivery of goods or services. (No construction contract.) (e) PaWall of the project will be done through a force account. (f) There are no federal monies in the construction contract. (g) All or a portion of the HOME/CDBG funds shall be used for the purchase of equipment: 1) installation of equipment is incidental (less than 13%) of the total cost (equipment PLUS installation--this requires a separate quote for equipment and the:installation; 2) NO installation costs are included in the purchase of equipment. (h) Proceeds of the HOME/CDBG loan shall be used for working capital ONLY. (i) The HOME/CDBG funds are used for acquisition ONLY and there is no construction. "Grantee should confirm with their state monitor regarding this option. Clarification is necessary because some housing type projects will qualify as PUBLIC facilities and not as HOUSING REHAB. Provide documentation to your state monitor supporting your conclusions. Signature of Responsible Administrator Date Attachments-15 941325 APPLICANT EXPERIENCE/MANAGEMENT CAPACITY Weld County has managed various community development and housing projects during the past twelve years. Among housing projects adminisstered by Weld County are housing rehabilitation of owner occupied and rental housing,and alternative replacement housing. Over 220 units have been rehabbed through the program over the past 12 years. The Housing Authority has also provided rehabilitation funds for the rehabilitation of Alternative Homes Youth Group Home and of the Guadalupe Center. The Weld County Housing Authority has also provided technical assistance in the development of a sewer project in Galeton, a water project in the community of East Eaton, and a senior housing project in Grover. Recently,the Housing Authority has provided the coordination of the septic system replacement and subdivision development of the 49th Street project,south of Evans. This project involved not only the replacement of failing septic systems with engineered designed systems, but also the installation of waterlines and the construction of a street to the subdivision. Weld County continues to have an experienced staff who are very familiarwith the linkages necessartfor a successful project. Program staff consists of: 1. Jim Sheehan;Director Weld County Housing Authority,who has nineteen years experience in an admiinistrative capacity concerning State and Federally funded housing programs.These programshaveincluded the Section 8 Housing Assistance Program;the CDBG program,DOH grants,the Farmer Home Administration Section 502, 515 and Section 504 programs, the HUD Rental Rehabilitation program,the Low Income Energy Assiatnce Program and the Weatherization program. 2.Paul Pryor; Housing Rehabilitation Specialist,five years experieince in housing rehabilitation programs and thirty years in housing construction. 3.Jeanette Dalton; Office Technician II,two years experience with the housing rehabilitation program. Weld County also provide legal support forthe housing rehabilitation program through the County Attorneys Office upon a demand basis. All accounting funcitons are carried out by Weld County Accounting Division. A Attachments- 941325 PUBLIC NOTICE AND NOTICE OF PUBLIC HEARING Weld County Housing Authority 315 N. 11th Ave./P.O. Box A Greeley, Colorado 80632 303/352-1551 Weld County plans to submit an application to the State of Colorado, Division of Housing (CDOH). CDOH funds are intended to provided decent housing, a suitable living environment and economic opportunities, principally for low and moderate income persons through rehabilitation and preservation, economic/job development and public facilities improvements. It is estimated that $6,445,000 will be available statewide for the 1995 HOME Investment Partnership program, 3,000,000 is available statewide for the 1995 "Small Cities" Community Development Block Grant Program(CDBG),$600,000 for the Housing Development Grant Program, and the Revolving Loan Fund is capitalized at approximately$1,200,000. The application being considered would request the following: $285,000 for Rehabilitation of Twenty (20) Owner Occupied Homes; 70,000 for Rehabilitation of Four Rental Units; and 40,000 for Program Administration. Rehabilitation of the Homes will be conducted in Census Tracts CT 10, CT 15, CT 17, CT 18, CT 19.01 CT 19.02 CT 20, CT 21, CT 23 including the towns/cities of Eaton, Evans, Firestone, Frederick, Fort Lupton, Garden City, Gilcrest, Hudson, Johnstown, Keenesburg, Mead, Milliken and Platteville. It is estimated that 100% of the funds requested will benefit low and moderate income persons. Permanent, involuntary displacement of neighborhood persons or businesses is not anticipated. Should it later become necessary to consider such displacement, alternatives will be examined to minimize displacement. If no feasible alternatives exist, required/reasonable benefits will be provided to those displaced to mitigate adverse effects and hardships. Any low and moderate housing which is demolished or converted will be replaced. A public hearing will be held at 7:00 p.m. on December 19, 1994 at the Platteville Town Hall located at 411 Goodrich Avenue, Platteville, Colorado to obtain citizen views and to respond to proposals and questions related to: * the proposed CDOH application for Housing Rehabilitation of single family owner-occupied homes. * community development and housing needs, including the needs of low and moderate income persons, as well as other needs in the community that might be addressed through the CDBG program. * the performance of Weld County in carrying out it's community development responsibilities. 941325 Written comments are also welcome and must be received by 5:00 pm December 21, 1994 at the Weld County Housing Authority, P.O. Box A Greeley, Colorado 80632. Oral or written comments will be considered in deciding whether to submit an application for the proposed project. Written summary information will be available at the offices of the Weld County Housing Authority, 315 N. 11th Ave. Greeley, CO on December 21, 1994 until 5:00 pm on any CDOH applications(s) the County intends to submit to the State. A copy of the application as submitted to the state will be available for public review at the Weld County Housing Authority, 315 N. 11th Ave. Greeley, CO after December 31, 1994. Information and records regarding Weld County's proposed and past use of CDBG funds are available at Weld County Housing Authority 315 N. 11th Ave., Greeley, Colorado during regular office hours. Advance notice is requested. If special accommodations are needed, please notify us so that appropriate aids can be made available. The Board of the Weld County Housing Authority By: James M. Sheehan Published in the Johnstown Breeze, Johnstown, CO December 8, 1994 941325 ( i 4 • • *Grover I CT24 ! i 1 • r Nunn 1 -� ep lu • CT 25,01 _ 2 -Pierce I CT 23 .Ault •New Reyn,cr O ' everanee y [�. CT 15 ` ;:ri M COUNT Y --' Zr T22A1% ` o dairy R""'"'""'� Milliken T • L4 ;441 A A / Jan'st seen LaSalle T6\ 1 y Y.R,.,, . CT17 �' ' ' C 127 •GilcrestJ� I l� -tail tf a ,,; + ! *Mead 1 a : Plat tbvelle .:... T. \ 1 - 7 RIriR1Pj ' qf ; *S #!4i \:•.6;' .!a `,vya ' rKr. `°+rW i;..�, d :,a i u ' .44" ( •�a Bono . :. + •Munson Keenre burg..." s-..Yi' I N Erie y7 . , 'r. "' a .ate. ,,:, + ' •+ 1 •.1 \ N E •+�-_ ADAMS COUNTY •. -* • ..u, a< N. Greeleyl — ll Are:. II 1 1 �G\I \ f r CT 1a.02 :CT5 j� r I ; �+ H , CCI CT14.01 ICT1cn . '\ . 1 :1 r ! CT17 fl= '\ `c •Y rCT3 1 ^ f Q " a - f ('� �S� mot: �r • t Q�-----`` �•,r — 94yi25 1990 Census Data Census Tract Total Number Total Number Number of Units Lacki Owner Occupied Rental Units Older Complete Than 1940 Plumbing\ Kitchen 7.01 295 268 235 13\6 7.02 846 556 183 9\0 10 2027 1942 133 20\15 15 960 531 683 29\34 16 737 331 392 18\32 17 1028 403 348 34\5 18 711 292 300 9\9 19.01 1820 1029 753 26\35 19.02 1820 1029 87 3\3 20 2672 741 723 30\46 21 1652 768 766 9\9 22.01 348 232 521 12\15 22.02 1174 751 269 18\23 23 751 466 521 12\15 24 214 102 146 3\7 25.01 458 225 146 3\7 25.02 744 455 389 20\7 941325 12/20/1994 11:30 4906609 LARIMER CNTY WX PAGE 01 Department of Human Development A Ceramist's'To P•o`.w Rena Mackrill,Executive Director Creosol Weater4+tion 10135 Blue Spruce 1106 eeeeer. Fort Coffin,Colorado 80524 ri laealoe LARIMER COUNTY COLORADO December 19 , 1994 Weld County Housing Authority Attn: James Sheehan P.O. Box H Greeley, Colorado 80632 Dear Mr. Sheehan, It is my understanding you are in the process of preparing your Community Development Block Grant which operates in targeted areas of Weld County. Since funds are limited to complete all the work needed , we look forward to continued cooperation with your agency. As in the past it is expected our program will be able cooperate and provide weatherization services to approximately 10 units at an estimated expenditure of $1000 per unit . We appreciate your efforts in providing a continued service to housing rehabilitat.ior. in Weld County and look forward to continued cooperation between your program and our weatherization program. ce:LiAl \r.. - Wayne 1h1 ' g Dir .c or Larimer nty Office of Weatherization 941325 WARD OF COUNTY COMMISSIONERS SDnstltwe Foorl REQUEST FOR TAXPAYER IDENOMCATION Colorado Department of Administration W-9 NUMBER (TIN) VERIFICATION • Do NOT send to IRS -PRINT OR TYPE RETURN TO ADDRESS BELOW Legal Name Weld County, Colorado DO NOT ENTER THE BUSINESS NAME OF A SOLE PROPRIETORSHIP ON THIS WE. See Reverse for ktlportant Men°etlon Trade Name COMPLETE ONLY IF DOING BUSINESS AS (D/B/A) Primary Address City,State, Zip Remit Address-Optional City,State, Zip • Order Address-Optional City,State, Zip Check legal entity type and enter 9 digit Taxpayer Identification Number (TIN) below: ISSN = Social Security Number FEIN = Federal Identification Number 1 r-1 Individual (Individual's SSN) L—I NOTE:If no none is circled on a Join Account when there is more then one nave.the number wit be considered to be that of the fret name fated. ——— —— ———— I-1 Sole Proprietorship(Owner's SSN or Business FEIN) SSN ——— -—— -———— u FEIN --- — r-1 Partnership r—1 General ,---I Limited (Partnership's FEIN) u 1_--1 L— - - --- —— ———— r-1 Estate/Trust (Legal Entity's FEIN) I —I NOTE:Do not furnish the identification number of the persons,representative or imam unless the legal entity is not designated m the feted. ——— —— ———— account ode. List end circle the name of Makin]mat.estate.or pension bun. m Other Groups of Individuals (Entity's FEIN) L—J IUnnted uabity Company.Joint Venture Anodetin.ow - _—— —— ———— Corporation Do you provide medical services? r1 Yes r l No (Corp.'s FEIN) L l (includes corporadwu providing medical baling services) E'-J I—J ——— —— ———— rr Government (or Gov Operated) Entity (Entity's FEIN) X — 84- -64QQB33_--- r i Organization Exempt from Tax under Section 501(a) (Orgs EIN) u Do you provide medical services? r1 Yes r--i No L-J I---J --- -- ———— r-, Check Here if you do not have a SSN or FEIN, but have applied for one. See reverse for information on 1-1 How to Obtain A TIN. r—, r—1 Licensed Real Estate Broker? LJ Yes u No Under Penalties of perjury,I certify that: (1) The number listed on this form is my correct Taxpayer Identification Number(or I am waiting for a number to be issued to me)AND (2) I am not subject to backup withholding because:(a) I am exempt from backup withholding, or(b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends' or(c)the IRS has notified me that I am no longer subject to backup witholding (does not apply to real estate transactions, mortgage interest paid,the acquisition of abandonment of secured property, contribution to an individual retirement arrangement (IPA),and payments other than interest and dividends). CERTIFICATION INSTRUCTION-You must cross out item(2)above if you have been notified by the IRS that you are currently subject to backup withholding because or under reporting interest or dividends on your tax return.(See Signing the Certification on the reverse of this form.) NAME(Print or Type) LI H WEIRS ytgj r� ,W ^ TITLE(Print or Type) Chairman AUTHORIZED SIGNATURE �`.- ,7- .6? 4)� gif 4 �. DATE 12-28-94 - PHONE 003 1 356-4000 DO NOT WRITE BELOW THIS LINE AGENCY USE ONLY Date Approved By Agency .19 el VEND 09 yAddeo, Change Rl _ Action COpleed By Date 941325 395 53.0]-60661R 11/92) NAME AND TAX IDENTIFICATION NUMBER(TINt • INDIVIDUALS: Enter First and Last name EXACTLY as it appears on your Social Security Card. However,if you have changed your last name, for instance,due to marriage,without informing the Social Security Administration of the name change,please enter your first name and both the last name shown on your social security card end your new last name(IN THAT ORDER). For you TIN,enter your Social Security Number ISSN) SOLE PROPRIETORSHIPS: Enter the individuals name on the first line;on the second name line you may enter the business name. YOU MAY NOT ENTER ONLY THE BUSINESS NAME. For the TIN, enter either the Social Security Number or the Federal Employer Tax Identification Number(FEIN). AU.OTHER ENTITY'S: Enter the name exactly as originally registered with the IRS. The correct TIN is the Federal Employer Identification Number(FEIN). HOW TO OBTAIN A TIN If you do not have a TIN,you should apply for one immediately. To apply for the number,obtain Form SS-05,Application for a Social Security Number Card(for individuals)or Form SS-4,Application of Employer Identification Number(for businesses and all other entities),at your local office of the Social Security Administration or the Internal Revenue Service. Complete and file the appropriate form according to its instructions. To complete Form W-9 if you do not have a TIN, check "Applied For" box in the space indicated on the front, sign and date the form,and give it to the requester. For payments that could be subject to backup withholding, you will then have 60 days to obtain a TIN and furnish it to the requester. During the 60-day period,the payments you receive will not be subject to the 20%backup withholding, unless you make ing,unless begin and a withdrawal. However if the requester does not receive your TIN from you within 60 days,backup withholding,if app' continue until you furnish your TIN to the requester. Note: Writing 'Applied For'on the form means that you have already applied for a TIN OR that you intend to apply for one in the near future. As soon as you receive your TIN, complete another Form W-9, include your new TIN, sign and date the form,and give it to the requester. SIGNING THE CERTIFICATION (ii Interest,Dividend,and Barter Exchange Accounts Opened Before 1984 and Broker Accounts That Were Considered Active During 1983. You are not required to sign the certification;however,you may do so. You are required to provide your correct TIN.(2)Intrest,Diviend,Broker and rokeAccounts That Were Considered Inactive During 1983.You must sign the certification or backup withholding will apply. If you are subarter Exchange Accounts Opened After 1983 and ject to backup withholding and you are merely providing your correct TIN to the requester, you must cross out item (2) in the certification before signing the form. (3) Real Estate Transactions-You must sign the certification. You may cross out item (2) of the certification of you wish. royalties, 14) Other Payments -You are required to furnish your correct TIN, but you are not required to sign the certification unless you have been notified of an incorrect TIN. Other payments include payments made in the course of o the o a requester's equm trade or us business for rents, royal and goods (other than bills for merchandise),medical and health care services,payments accounting fees), and payments to certain fishing boat crew members. (5) Mortgage Interest Paid by You, Acquisition or Abandonment of Secured property,or IRA Contributions. You are required to furnish you correct TIN, but you are not required to sign the certification. (6) Exempt Payees and Payments -If you are exempt from backup withholding, you should complete this form to avoid possible erroneous backup withholding. Enter your correct TIN in LEGAL BUSINESS DESIGNATION section,and write"EXEMPT"above your signature,sign and date the form. If you are a nonresident alien or foreign entity not subject to backup withholding,give the requester a completed FORM W-8, Certificate of Foreign Status. OTHER Signature -The signature should be an authorized signature, generally the persons whose name is on the top line of the form, a partner in the partnership,or an officer of the corporation. Fora joint account,only the person whose TIN is shown in LEGAL BUSINESS DESIGNATION should sign the form. Privacy Act Notice - Section 6109 requires you to furnish your correct taxpayer identification number (TIN) to persons who must file information returns with IRS to report interest, dividends, and certain other income paid to you, mortgage interest you paid, the acquisition ibutions ou made to an individual retirement account (IRA). S uses numbers for Ior abandonment of secure , or dentification purposes and to help property verifythe accuracy ofyyour tax return. You must provide your TIN whether or Inot you are erequired to file a tax return. Payers must generally withhold 20%of taxable interest,dividend,and certain other payments to a payee who does not furnish a TIN to a payer. Certain penalties may also apply. L 941325 JS 53-07-606618 11/921 WELD COUNTY HOUSING AUTHORITY I�( PRONE(303)352-1551 P.O.O. Box A GREELEY,COLORADO 80632 rn 29 22 r i IC: CLERIC 0 _I COLORADO TO: W.H. Webster, Chairman, Board of County Commissioners FROM: Judy Griego, Director, Department of Social Services, ' SUBJECT: 1995 DOH Housing Rehabilitation Application ‘./ DATE: December 21, 1994 At the Work Session of December 19, 1994,staff discussed the Housing Rehabilitation application for 1995. Based on the fact that the State is implementing the new formula funding allocation process for the owner occupied program effective Janaury 1, 1995, they have asked us to remove the owner occupied element of the application and to submit the application reflecting only th rental rehabilitation component. Our 1995 program for rental rehabilitation proposes rehabbing four units at a total project cost of $108,940 with $80,800 sought through the HOME program. The application requests $70,000 in program funds and $10,800 in administrative funds. Participating property owners are required the contribute 20% of the cost of their rehabiltation project, as well as a $250.00 loan origination fee. Loan Program Approach Our program provides loans with no provision for forgiveness. Our interest rate is 3% interest with variable terms which are responsive to the family's ability to repay. Loans may be deferred, if necessary for the elderly, disabled, or handicapped. Staff recommends Board approval of the 1995 Rental Rehabilitation program application. If you have any questions, please telephone me at 352-1551, Extension 6200. 94r 325 Hello