HomeMy WebLinkAboutR-82-0637Fj
RESOLUTION NO. tiu e
A RESOLUTION] APPROVING REVISED PROGRAM
GUIDELINES, ATTACHED HERETO AND INCOR-
PORATED BY REFERENCE, FOR THE CUBAN/
HAITIAN REFUGEE ASSISTANCE MULTI-
FAMILY REHABILITATION PROGRAM, AND
AUTHORIZING THE CITY MANAGER TO IM-
PLEMENT THE PROGRAM IN ACCORDANCE
HEREWITH.
WHEREAS, there exists a critical shortage of rental
housing in the City affordable to low income Cuban and
Haitian refugees; and
WHEREAS, in recognition of the need to provide safe and
sanitary housing units for the refugee population in Miami,
the U.S. Department of Housing and Urban Development has
awarded the City of Miami $880,000 under the HUD Secretary's
Discretionary Fund to administer a multi -family housing
rehabilitation program; and
WHEREAS, certain revisions to the program's implementa-
tion guidelines are necessary to secure the participation
of property owners and private lenders in the program.
NOW, THEREFORE BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The Revised City of Miami Cuban/Haitian
Refugee Assistance Multi -Family Rehabilitation Program,
attached hereto and incorporated by reference, is hereby
approved.
Section 2. The City Manager is hereby authorized to
implement the program in accordance with said guidelines.
PASSED AND ADOPTED this 22ND day of JULY , 1982.
ATTEFlf
MATT' HIRAI
Acting City Clerk
PREPARED AND APPROVED BY:
dir. )-,%
�4400
0 L E. MAXWE L
U
Assistant City Attorney
MAURICE A. FERRE
MAURICE A. FERRE, Mayor
APPROVED AS TO FORM AND CORRECTNESS:
GEORqq F. KNOX, JR.
City",Attorney
__�PEETiNG OF
JUL3 2 1982
REMARK .........................,�,
47
Howa rd V . Ga ry
Cit Manager
/ 1
Den Pil
tV Dep rtmer t of
1
ector
Community Development
( 1 1. "1 � , , 1�., _. . "; �, % it 03�&-
July 8, 1982 -
Cuban/Haitian Refugee Assistance
Multifamily Rehabilitation Program
Guidelines
City Commission Agenda Item
July 22, 1982
It is recommended that the City Commission
i approve revised guidelines for implementation
and administration of the Cuban/Haitian Refugee
Assistance Multi -Family Rehabilitation Program.
By Resolution No. 81-170, on March 17, 1981 the City Commission accepted an
award of $1,010,000 from the U.S. Department of Housing and Urban Development
under the HUD Secretary's Discretionary Fund to finance activities to assist
in the resettlement of Cuban and Haitian Refugees.
One of the HUD approved Grant activities was a multi -family rehabilitation loan
program, intended to increase the number of standard rental housing units
affordable to low and moderate income Cuban and Haitian families. $880,000
in Grant funds were allocated to this purpose.
As originally designed, the loan program sought to involve local financial
institutions in the rehabilitation financing. Interested owners of multifamily
properties were required to secure rehabilitation financing commitments from
local lenders of their choice. The Grant funds were to be used to reduce
conventional interest rates. Unfortunately, private lenders were reluctant to
participate in the program due to the complexities of the private and public
financing of the rehabilitation from the administrative standpoint.
Program guidelines have been revised to allow for separate tandem public and
private financing of projects. Interested property owners will negotiate to
obtain private financing at the best available terms and the City will calculate
the public subsidy to effectively lower the interest rate of the rehabilitation
loan to three (3") percent. The maximum public subsidy will be the amount
necessary to effectively reduce the interest rate to three percent or seventy
(70r.) percent of the rehabilitation cost, whichever is less. Once the private/
public ratio of the rehabilitation cost is determined, the owner will negotiate
separately for a private 'financial commitment for the private portion of the
rehabilitation cost. The public subsidy will then be provided by the City as
a deferred loan. The deferred loans will be forgivable at the end of 10 years
f•-N.4
�+�Vu
Howard V. Gary
Page Two
July B, 1982
f provided the owners give rental priority to refugees and maintain their pro-
perties to code level over the duration of the loan.
Staff recommends these program guideline revisions to rove the program forward
s
(see attached guidelines).
/so
1 CITY OF MIAMI
CUAAN/HAITIAN REFUGEE ASSISTANCE PROGRAM
MULTIFAMILY REHABILITATION PROGRAM
GUIDELINES
0
PROGRAM GOALS AN.D OBJECTIVES
During 1980, Dade County experienccd nn unexpected and sudden
influx of Cuban and Haitian refugees which resulted in a population
increase of approxim.=tely 122,500, on of the largest and most
concentrated mass immigrations in r`cent decades. Despite the
federal government's resettlement activities aimed at relocating
refugees out of the Miami mecrupolitan -ire:a . it is estimated that
close to 45,500 Cuban and Hait.an refugees have settled or resettled
in the City of Miami alone.
This massive local population increase poses c:i,`:ficult challenges
to already heavily taxed community resources. in particular., the
refugee influx has exacerbates? an e;r isring critical housing
shortage. This situation has prompt ad action by the federal
government to provide the City with funds in the amount of.
$1,010,000 for a Cuban/Haitian Refugee Assistance Program. The City
will u�n!lize $880,000 of this allocation to rehabilitate private
multi -family rental_ units to hc:use the refugee population.
The rehabilitatlon program is dcsignod to 1--stst rental housing
owners in bringing their buildings up to local standards through a
subsidized interest loan program in order to the following
goals -
(a) Provide ;affordable quality housing Co elipii;le refugees,
(b) Promote the rehabilitation of vacant or substantially
vacant substandard multi -family st:ructures; and
(c) Encoura,,e reinvestment by owners caA financial insci.tutions
in trap itional nei.ghih;_.rhoods.
DEFINITIONS
Dwellin;Unit - A residenLiaL space eontai,ai.rig, at a minir,uim, a
FatYiocm. Tcitchen or ',ci.tchcnett e, and ca 1 ivin,- ::re3/Dedroom.
Multi -family Dwelling - A residential property compoi4i,d of five or
Wore c3w`e SIT` ng ur t IS .
Single Room Occupancy and COn�ret;at:l, HousIn - a residential
property comdoseci- of -tire dr mo-:',. i"ooms wiiii:i Ic ,:oporace kiv:chons
or bathrooms in each room.
Incc:zie - The gi,cs ; amount r(_cei v.:3 fr��m al: so urcc_ _, .y each member
or�%he housohoid includi_n waP .s , re.as�� r� :;cc:.al S��curii ;�
interest, 'rent, dividends, etc .
Income- Limits - ( See Appenc ix 1 f :)i- currant
-I-
Lower -Income family - A family who:,e income does not exceed 80
percent oF---ERie currenL, published median income for Dade County.
Income for Eligibility - The antici patod total annual income of
afamily ilia-I�'£-r»onth period followLng, the date of determination
of income computed in accordance wi-th 24 CFR sec-L i on 889.104 ( See
Appendix I1).
Owner - The individual or 'which halJs valid legal title to
the property to be rehabilitated.
! Deferred loan (or Interest Rtr!r.rctiun
The fun, s made
avail s i-' 1 conjunction wilt! —a
1 a!-e -1: �ii t , p,,y
for all or part
of the labor, ma terials, ar,d;
suplll i cs t0
rei: i
r ietrriorating
residential rental units for
qualified
ipplicant,.
This loan
involves a 10-year forgiveness
clause ducin; whi_cn
time. a default
could cause repayment of the loan
imount ;;W—i
:,c_ruod
ittceresC.
Specifications and Cost Estimate - A stat-ment: prepared based on
the property inspection report which itemizes all. rehabilitation
work to be done on the property and includes all estimate of the
cost to correct each item.
Rent Regulatory Ac7reernent - An agreement to limit the borrower's
rate of return on in up to 2C)/o and to control the rent for
specific units over the first three years of the loan. In some
instances this may lead to rents being set lower than the prevailing
market"vents, in order to serve program objectives to fix rents
at an affordable rate for the working refugee for a three-year
period. At least 75% of the units in any building improved -through
the program will fall under this .igreerrent. The agreement shall
be in a form prescribed by ti,2 CiLy.
Refugee - Refugee is defined in goneral as Lhc� Cul'an/Paitiai, entrant
poi:,ion into Dade County frcm Apci l t-fdrougl. iJ_ccimher, 1550.
(During; this per.ind '_here an infl-_ix of :;;,)re tlian 150,OCO which
represents approximately 124,GC:) Cu`l an �rriva] rru_t L5,(`')0 ilai.tian
arrival).
Working Refut,",e- - l:ntr�ant p,;p .1r:L lc n, cs d; _ i inFu abuvc-, who are
ga�ia_•ed .
Within areas hea�: ily ir:pacted by Cuban a!-I(;ii:]:.l ' a!) rc t:uf;res, the
City will provide financial to ow,.,-.rs or vacant.-., or
substantially vacant : ub.,-tandard, mul.: i-family ,::ructures to bring
their properties V to local standards. Aft_c_'.r rchabilita;:ion, rental
prior: ty will be provided to working rc:iugce t-enants whose incomes
fall within the prescribed income limits. Rei-.Ls wil L be fixed by
a rent regulatcry agreement at affordabl love!_,. to the refugee
tenants.
F I NA14C I NG
Cuban/fial tian Refugee Grant fends will 11-)c i:r, i c•r. as deferred
loi.rks in ccnjtincLicn i�ith private f,1*n-t ,ci.,l .:; tiLuticns Loan
funds to provide rehabilitation �ssisLa-,-dce
Subsidy - The •(*.tCy will. provide an i nter.cst reduction subsidy to
r•e ice market •1 el interest ra-Ps. AppI not will negotiate to
t obtain private i iancfng at the bn,;L: nv.ai Die terms and the City
will calculate the p11blic subsidy to e[fectiveLv lo-er the interest
rate of the rehabilitation 1O._ln to three pc•, r ent. the maximum public
subsidy will he the arr.ount- neces—try Lo effer'_ively reduce the
? interest rate to three p; rc_Eilt pvrc ,,°nt of the
rehabilitation cost, wrhichever i!, ; ess. Cn,:e, the private/public
ratio of the rehabil i tation cosL i s (ir.•Lermined, th^ o%..ner will
negotiate separately for a private fi.riaTIC i.ii] ccri:m1trc,2nt for the
private portion ..-)f the rehabilitntion cast. Th,� subsidy is then
provided by the City in the form of a del-.rrod payment loan and
will require no regul-ar monthly payments. The loan principal will
require no regular monthly payments. The roan principal will accrue
interest at the rate of. 6 percent per annum o•,.rer a ten year period.
The deferred loan will he forgiven at the grid cli the ten year period
as long as the borrower complies during that time with the Rent
Regulatory Agreement and keeps the property up to Dade County
Minimum Housing Code Standards.
Failure to comply with the above requirements shall- be considered
a default and the loan together with accrued interest shall become
due and payable at that time. Deferred loans shall be secured
by a security instrument in a Form prescribed by the City and which
shall be recorded.
Calculation For Subsidy - The SW)sidy m�1dc� to the borrower in each
transaction s �.� 1-be�r�c,tern;inc=ci throLlntl the use, of a guide form.
(See Appendix III).
ReEin,lr� in, -- No part of r_h� deferred loan can be used for
retinancing. It the private londor if; a:iil.ir,s; to provic'e additional
,`ands for t1his pi►17:ose, then refin,incinr nlnv ;.c` Iccep(:C1h1C.
RonL Regula torn roc :'eemcnr - Th•:• nt-• n�,rs lti i 1 1 t-h i s nt'r eenlent
wi tt-I ttii-^Li.tV ;;)' ':11:?i�� it�1F.rC1 i. 1 EiltS }l�l' l+" �c'. f= J�� O� t}1�' U'11tS
Wi.ii be fixecl wit aI) "1ffu1-.1ji I Ik- 1.61.^ !_0 t:r;LS. TIr-S `I1"i'eI'll 011t
will be for a pt- ric_•d w tl)rPC ` o.lrs.
Fur,uiiig and �1iC1;�1:t?ai('n11 c T.SQ . )',J_Aci-..'.11i: ",lie�1}ti` '?t T:Lllle O�
C^iCSF_n'g—, LJl.�i-!r':i_.!l`� _SI'"~�lll l:tii:C'llld�:i".�(`~Illt ^ail' tiiE.' ,�`o]"rCiJel' to
1)rov it}C con:, tru,.- i oii i i.nanr. i ng .
(a) Di.sburboments 1 i'iirrr, tht' E`:'n j:'ci o acl:(7unL l: } I } be
^jade for the iolloc•.in; plrrpo`;Qs:
i
(1) To make { rclp.ross c.rld i iil.l I piyments to the
contractor;
(2► To pay expenses iriciden LaI to �:lOs;n.g;
( 3) To close out t}lr? ex: rOW ick,otint by appropriate
d i sbursing; of uilut i I i zed Bain}:; rcmaini-ng i n thr_
account.
(b) Progress P:iym,ilts to coii`r:lctor - U;:(_)n receipt of a
contractor's invoice for Cl pr c csS n,1VTf!(_nt, the City
shai1 determine if Lhe -,;ork it:.is cues performed
sitisactoly, adraw p�yr;elt_ ..tco.
(c! Final I'.�vinel,t s to cc r:tracta; - 1j;;;(2n
-- to he satCtc):-; i a 1.. r:.I l ish-d
,ram; is found
i ,l ace o i-J a n ct2 with
0 .i' 1 release of
0
In the event s a displ}te betW �� Cln �� �;ppIIcanc and the
contractor with respect to reh:!bilitction work, the City shall
take appropriate action in accordance with the provisions of
the rehabilitation contract.
Such appropriate action shall includt-, mediation to assure the
protection of both the applicarl" ilnd the contractor.
Mediation will be provided by the City who will inspect the
work and determine if it has beenperformed in accordance with
the contract and in a l.lorkmanlike manner. If. the work has not
been completed properly, the contractor will the ordered to make
the necessary corrections before receiving final payment. If
the contractor does make corrections as req,iested and the
work is deemed satisfactory by the City, final payment shall be
authorized to be disbursed to the contractor. If, on the other
hand, the contractor fails to make the necessary corrections
prior to the expiration of his ccntrlcL, the City shall assist
the applicant in obtaining another contractor to crake the
corrections. Once corrections are mado to the satisfaction of
the City, the contractor that failed to perForrr, shall be psid
the balance of the funds earned by hinr remaining in the escrow
account after the new contrar7tID�- hi l,(en paid for the
corrective work. Such payr.,cnL shall onl%- t)(-- r,r:de upon receipt
of the appropriate rete.-i5e Of , i en,; duc:umont s .
PRi,GR.tQ,i i-JA GIBI i,I'I i
Eli ibleyProperties - Tc be el.i.gi1)L: under thF: progro ., proposals
mut rleet`Lt%o1 i�;.i cri teri�
(ail Multi - L«mily crweIIiltg lli':its. `:1ngle room,occupancy and
congret,rin- housing
(b) Vacan or substantially '.%acziilt sLutl t_ure.i
(c) SLIUCtur os 1T1 SllbStc-indl 1I-13 cCT:U 1 L 10?1
(d) Structures located w i thin; Ci tv of M 'imi Community
DevcicprienL Target Areas.
Eligible. Applicant,;
(a) The owner of the sub iect proper: %, .
(b) Investorfowner (in(3ividu!jl, non --profit corporation, private
corporation, partnership)
Elinible Residents - A minimum of 7'),,, of the units in an oine
Funding aSS: steel under the prograr,l %rust he rentecl to tenants
meeting the following criLerla:
(a) Working ref:i,-c°es (Cl.lt:rii r•rici }i:ii t iiln wh-.-,fic inc.:mc hall
within the prescribc d incc,a�
(b) Eligiblo wr;riling l:ho are referrecl b,► tho
appropr l:it'� rL'fo.rial as dt--si ai.•1( I'd I'"' tine Ci tti .
I:l Lgible lmpr_cvomunts - n': l
:irC' r,-�-1 ris C: :6�i,:7,� Rl C-pa l_is ..
110Usil,- St�lndar-,3 ' S .- V
tc meet the CiLy o "Haial
buildill�; Cod`.
the extent feasi-ol' . ho ., l' Lh.
ici iTn tint rr.tr:r;:
iv rL.,
may
j4"&
0 0
not exceed 40% of the total cost of rehabilitation to the property.
(The program will fund repair or replacement of free standing ranges
and refrigerators and provide window air -conditioners provided
energy conservation standards .are met_).
SELECTION CRITERIA AND r.YALUATION
Proposals shall
be accepted
during the,
advertised
submission period.
They would be
processed in
the order
in wlich
they are
raceived,
and evaluated
and ranked
according
to the
fr:l lowing
cri.ter. ta:
(a)
Per unit rehabi.li t,-t_i on Cc>st + cr)st. `"fc� ci_ver)ess ; by
unit
size .and Lype
(b)
Propos?d rent schoduka afLet rc•hcii,7.1i.tat:c,rn by unit
size
and type J
(c)
Percent:tt;:2 of units U;I-j2r RC!lt g. s.ul ::t;,, y A,,reemerit
(d)
Impact of proposed rchab litatioil kyon ill; `acr;nt properties
and the ncighborhaod in general
(e)
Extent of impaction by Cuban and Haitiap refugees in
the
areas of the proposed project
( f )
No evi :once of ovc�rt on the part of
the
property owner
(g)
Owner's imanadement cup abilities.
APPLICATION AND PROCESS 1tiG PRM�Dl1RES
Listedl4telow are the step-by-step procedures to be followed for
each aplilication:
1. lnstcrested-ppl_icant.s will answer the RI.-'P (tc be placed in
a newspaper of general circulation) by making an appointment
c,,i th City stiff.
2. City staff wilL inte:-vic,w inter: stc:,' anp1.i.cants and will
explain Program rerui rc;iien,.s . Appl i cant— s wi l i be provided
with prcLgrt?:n euidclines o-jo. l,r(214mlt):i.7%- i+!)71.ic'atiilil.
3. C .t.- staff will cUnJuct an l.i�:ihe.': i;)?) )f C!),.: property
and prov i c.'e the 3nj)L : c•,a,;t t, i t:h ;� l i ;t c i ; * etr.s to to rcr area
o: reF)1,,ccrl. 1n add it i cat:, the : its: tdii i oht:.zi n furni sh
the applicant cant with a cop, c: s;r. r:uts;ta)) di�-L; Minimumhc"usinc;
Cede vioiation:;, if there i s :! r�1,c•rt o.r) fi lc ;tiith Da(,;,:
HUD.
4. Applicant. kA 11 oht::)in s,ec:!i CaL i c4)_i
i.,Est i:t
rem
one o:- rrnrn
J
J. City staI will rLviow witit t.i-,e ;tl)lllil.ti't. the sul.T.�tt-ed
specificat: oils anti coi;t estiMit.-cs t ci t-o,- .':i_n��l asrecr:�ent:
on the sc )pe of rcnibilitation. cli
ti. City staff will prepare ccn5tructi,.)n l�ic.l ,�:;�i doc_►rrenLs to
obtain bi,: and proposal from-,
7. city staff will con:iuct bid c�,�: �)i.���• :,�1)icf: is (;),,n ,0 t,l,t>1 i c art;
:ind CGIILI'aL't;:)'.
8. Th` lac o )ht�)in cntracCc'
_S
(a) Negotiated Bids - Pr:.)jeect:,. undor`$27,000 - (-.'here the
re��aT�iTita� n- is estii-5atc�a Lo ;vst =,000 or less,
the borrower. ge:,eraIIv .hall ncgotiatc with the
contractor for an ac::ept:ihl c• pri ce to be verified.
by the City not to e::i _ :i 1 ()E the cost esticr.zte .
(b) Competiti,re Bidding; Lor P—) ie i::;ceedi-ns $�7 GCt�
(:ompetit ve �L c:l111 _; req,.iiE20 Lor aTI--hr.o jeccs
where the construcL iurl cc <L is csti mate l to Le in
excess of S27 ,600 , exc<_pt as not -,:id in ( c. ) , beIow.
(c) Wain=�s- of Competitive Bici Proccdtsre -- In the folloc�i.ng
Instances, the 1.1.Ly c.3n kllver fr,rmal cosrspeCiti.ve
bidding procedures .,;hen cast exccecis $27,000.
(1) The borrower has been determined qualified
by the City to acz as his/her own general
contractor.
(2) The owner has a preferred contractor who meets
minimum qualifications; and,
M The proposed construction contract
price
is no more than 110% of the City's
cost
estimate, including profit and overhead,
or the applicant agrees to provide
funds
above 110-ZO of the City's estimate
from
�.� pri-v.ite sot.irces.
Proc,:dureb have been established by
the C'i ty to ensiirc, there is
"r
no
oppoz-t .1V1' y for appearance
of ,
cUiiu - ivy
i i J.) it 5tr.at
chat
cr. r,t�ct i t i e i�s� woulu
be
ur._,0:1S -`:I, UL•' ?1''6LiC:1.V�.
:�1 i ill i.,rIC'.;I
tAth
SLHt..iilL i;cl iLj5t i f-i.cat i on
(c) Fec^ral "abor 'Stancias-:;z; - rr d0VaI labOt atZlildd1C15
will• ��:.I y tc eni i:_i pro jcct.s of 12 or
more
uni L:,
9. City staff will calculace inti'rest subsidy to be r136c to
borrower.
10. City will iinalize thc� rent
the securityinstruments for
reoulaf miry 1917cement
- and
doU:umenrs ,ail L be cxecuted at
th(
loiiri
I)'AO -red Loan. Both
closi11g.
of these
11. Payment by City to cover interoSL
reduction subsidy
.:ill be
11:dd � to borro-.,cr and ,11.-ic.�;l
in
al! account at
c k"le of
CIosing.
12. City will lid tic t ])regress insr CLiC)ns f-or progress payment
and will make final inspec ions. Therofore progress and final
payment vouchers will he :iuthoriz�d and by City after
Inspections.
PRIVATE LENDER PAr,T1CT1ATIni,;
The applicant will. be responsible for oi)LaLning the private lenders'
j participation in the program. The City will cooperate with the
applicant's choice of lending institution in earl:lining the program
and negotiating the loan terms and conditions.
RENTAL REFERRALS
The following agencies have experience and ttio-,ild be most likely
to effectively conduct rental referrals under this program:
Haitian American Community Assoc. of Dade Count,/
Director - Roger liimmbi
5909 NW 2nd Avenue
Miami, F1 Phone 751-3458
and
Little Havana AcLivi
Grei cy nu.oven
81.9 Sir' 12 Avenue
Miami , t 1 Phon- 85 b 10
�n.. f-- -%. f
Aw %-# 46.j .
f
Household
Size
1
2
3
4
5
6
7
8 or more
0
APPENDIX I
INCOME LIh1IT-r
80"0 of
bIcdian
10,350
12,400
13,950
15,500
16,500
17,450
18,450
1U,400
A. v., .. .
J
§ 089.104 Cornputatlon of ennurl In.
eomr.
(a) Except as provld^d In paragraph
(b) of this section, all payment.. from
all sources received by the Family head
(even If temporarily absent) and each
additional member of the Family house-
hold w ho is not n Minor shall 1}2 included
in the Annual Income of a Family. in-
come shall Include, but not be 1!initecl to:
(1) The gro:a amount, before ,,.n, pi? -
roll deductions, of w'ai7es and :.,inries.
overtime pay, cornmisslons. fees, tips and
bonuses:
(2) The netincome from operation of
a business or profession or from rerual
or real or l-3gQplal property tfar this
purpose, expendlturrs for bwsine.r; ex-
pansion or ViortizaLion of cap;t,d in-
ctebtednes,, =hall not be dctiucted to Ce-
termine the nrt income from ; business) :
(3) Interest and dividends:
(4) Tl:: full amount of pc,•tr..itc
mnit.s received irr,m soei•il secu-i'.-, nn-
nultfcs, lmurr,nce ►.olicies,
funds, dlr:abi;.ty or tavath brnc-
fah and other sirnkiar !. -ms of. rer:tAfc
r(-ceiptt;
t5) Payment:. in 1!ru cf carnir^.s, : urli
as unempioyn:cr.t and dis:t il:ty (osip;:n-
satlon, workmcn's cornpennatior, and
srverence pay (Lut s:e f;:u al; r:. a '':` ("1
of this section).
(6) Public Assistance. If the ; ul•:Ic
Assistance payment Include. an nmou,it
specifically designated for sheitcr and
utilities which Is subject to ad;•1.ttncnt
by the Puiilic Asslstan^-e A ;rr,r: In ac-
cordance w•ittl the actual cos of shelter
and utilities, the amount cf Pi.blic As -
#;I tance Income to be included as income
shall coin :1st of:
(1) The an:,ituit of the all•m•an;c r.r
Brunt exclusive of the amount ap,,Oflcally
desi6nated izir ``.letter and iAUltt(;.(, putts
L
APPUIDIX I;
(ID The rnaxlmturi amount which the
rublic Assistar,re Arw,,,c, could Li fart
allow for the F'amfly for shelter and
it'WILles,
(7) Periodic and detprnifnai:le allow-
ances,:uch a.. Alinioily r•_n•l ri-Jid sut>acrt
paynients, and regular contriiiutiuilt or
gifts received from per.son� ,iot nrsi.:;ng
in the fl:i•ellaip+:
(8) Ali regular pay, speOtil p:ty and
Mlow•anccs of a inembcr of the Arm A
Forcer (whetlirr or not li%k,.K In the
dwelling) who is head 1' the Family or
spouse ibut %ce:lnrattinitll (b) I:+) of this
sc'ctton).
(h) The follcrring dents _-!:all not he
consldr:rctf n n income:
(1) Casual, ?:;,nrnd.c or gifts:
(2) Amounts wMch are sl ccificuliy Mr
or is reimbur semf nt of the co•,t o medl-
cal expenses:
(3) L.urnp-suln a3ditfnns to amily as -
.:(Its, noel its whrrit•inr es, (nsurrini c pay-
m8nt-, (inrlu ling payments 11116cr health
and accident i:iSla;-mice and workmen's
c(1mf'=;"%tiori) , capital Rain-, and :,ettle-
'lirrlt for perso;ul or prop-erty lc: -es (but
4t ?.I1;CiintJ of C,1 .Cali:): nl scilclar-
sli:ps p :d di: r.afY tit tl.c : !ti•]tnt or to Lw
edu+:all; n :1 lti tilt' w;, atrl i:mn+nit:
p �;d by the (re.• rt1r:.Pnt t, , a te!cn�i for
U-C in mecting th; i'iAr of ',ration :re?.
b,,,r:s .,nd caui;urt :,t. Any ; nrtuit : ai
su-h �JhG11r5Li;)'•, or pr tr.+ •,ts to
trans, act iurd for tl;c ubr,c :t•ul.oses
of which are w.-ailahle ice s a:attr,.: e are
to be incladed In in; r,;•lr.:
The spr^lal p::; !u :t :cr:i�cnifl:l
head of a F.trtily fiv:oy front h +one and
e:�pr*ed i,o ho, the fire:
(61 Fclorntlon •;ayrn^:,t; twide I'lu•-
stiant to Title 11 of the T."n Orin Mora-
tiun As:.ist .:ice and item i'rt+perty nc-
quisition Po:ivtes hvt of Ifi 0;
0) as ostrr e1,11d cure p,ay;.lenis;
(81 'M/ -:sue of coupon :ulotmcrLt fo.
the purchase c f tr:od par.iunnt to the
Food Statap Art of )L14 lc:/!rlt L. In cx-
ress of the t.nlount :-ctiAMiy ,thtirgcd the
;,.Hr Lie iu;,.ir:hold;
(91 Pa m:ent.i rece!ved pursuant to
l:artf::ipatlon In the foll,Iw•in6 valu:itcer
prngrems under the ACTION Agency:
(I) National Volunteer Antipoverty
Programs winch Include VISTA, Serv-
ice I1_;:-ninF Programs and Special Vel-
unleer I'roctralns.
01J National Mier American Volun-
teer I'rop;rams for persons aged 60 and
over which Include Retired Senior Vol-
unteor Prorrunis, foster Grandparent
I'rograin, Older American Commun(ty
S!•rvices Program, and National Volun-
teer Ro.nram to A list Small Lusiness
ELp,•r;cnc(,, f rrvice Corps of Retired Ex-
ecutivr tSCORY) and Active Corps of
Exeruti:es (AC,'C)-
(cJ :f the clrcunistanres are such t`.tpt
it Is n.A feasible reasonably to anticipate
a level of incoine over a 12-month period,
a !:&Y! ter period may be toed subject to
a redetcrn:it:at.lon at the end of such
period.
A. ii u s .
§ 089.104 Cornputatlon of ennurl In.
eomr.
(a) Except as provld^d In paragraph
(b) of this section, all payment.. from
all sources received by the Family head
(even If temporarily absent) and each
additional member of the Family house-
hold w ho is not n Minor shall 1}2 included
in the Annual Income of a Family. in-
come shall Include, but not be 1!initecl to:
(1) The gro:a amount, before ,,.n, pi? -
roll deductions, of w'ai7es and :.,inries.
overtime pay, cornmisslons. fees, tips and
bonuses:
(2) The netincome from operation of
a business or profession or from rerual
or real or l-3gQplal property tfar this
purpose, expendlturrs for bwsine.r; ex-
pansion or ViortizaLion of cap;t,d in-
ctebtednes,, =hall not be dctiucted to Ce-
termine the nrt income from ; business) :
(3) Interest and dividends:
(4) Tl:: full amount of pc,•tr..itc
mnit.s received irr,m soei•il secu-i'.-, nn-
nultfcs, lmurr,nce ►.olicies,
funds, dlr:abi;.ty or tavath brnc-
fah and other sirnkiar !. -ms of. rer:tAfc
r(-ceiptt;
t5) Payment:. in 1!ru cf carnir^.s, : urli
as unempioyn:cr.t and dis:t il:ty (osip;:n-
satlon, workmcn's cornpennatior, and
srverence pay (Lut s:e f;:u al; r:. a '':` ("1
of this section).
(6) Public Assistance. If the ; ul•:Ic
Assistance payment Include. an nmou,it
specifically designated for sheitcr and
utilities which Is subject to ad;•1.ttncnt
by the Puiilic Asslstan^-e A ;rr,r: In ac-
cordance w•ittl the actual cos of shelter
and utilities, the amount cf Pi.blic As -
#;I tance Income to be included as income
shall coin :1st of:
(1) The an:,ituit of the all•m•an;c r.r
Brunt exclusive of the amount ap,,Oflcally
desi6nated izir ``.letter and iAUltt(;.(, putts
L
APPUIDIX I;
(ID The rnaxlmturi amount which the
rublic Assistar,re Arw,,,c, could Li fart
allow for the F'amfly for shelter and
it'WILles,
(7) Periodic and detprnifnai:le allow-
ances,:uch a.. Alinioily r•_n•l ri-Jid sut>acrt
paynients, and regular contriiiutiuilt or
gifts received from per.son� ,iot nrsi.:;ng
in the fl:i•ellaip+:
(8) Ali regular pay, speOtil p:ty and
Mlow•anccs of a inembcr of the Arm A
Forcer (whetlirr or not li%k,.K In the
dwelling) who is head 1' the Family or
spouse ibut %ce:lnrattinitll (b) I:+) of this
sc'ctton).
(h) The follcrring dents _-!:all not he
consldr:rctf n n income:
(1) Casual, ?:;,nrnd.c or gifts:
(2) Amounts wMch are sl ccificuliy Mr
or is reimbur semf nt of the co•,t o medl-
cal expenses:
(3) L.urnp-suln a3ditfnns to amily as -
.:(Its, noel its whrrit•inr es, (nsurrini c pay-
m8nt-, (inrlu ling payments 11116cr health
and accident i:iSla;-mice and workmen's
c(1mf'=;"%tiori) , capital Rain-, and :,ettle-
'lirrlt for perso;ul or prop-erty lc: -es (but
4t ?.I1;CiintJ of C,1 .Cali:): nl scilclar-
sli:ps p :d di: r.afY tit tl.c : !ti•]tnt or to Lw
edu+:all; n :1 lti tilt' w;, atrl i:mn+nit:
p �;d by the (re.• rt1r:.Pnt t, , a te!cn�i for
U-C in mecting th; i'iAr of ',ration :re?.
b,,,r:s .,nd caui;urt :,t. Any ; nrtuit : ai
su-h �JhG11r5Li;)'•, or pr tr.+ •,ts to
trans, act iurd for tl;c ubr,c :t•ul.oses
of which are w.-ailahle ice s a:attr,.: e are
to be incladed In in; r,;•lr.:
The spr^lal p::; !u :t :cr:i�cnifl:l
head of a F.trtily fiv:oy front h +one and
e:�pr*ed i,o ho, the fire:
(61 Fclorntlon •;ayrn^:,t; twide I'lu•-
stiant to Title 11 of the T."n Orin Mora-
tiun As:.ist .:ice and item i'rt+perty nc-
quisition Po:ivtes hvt of Ifi 0;
0) as ostrr e1,11d cure p,ay;.lenis;
(81 'M/ -:sue of coupon :ulotmcrLt fo.
the purchase c f tr:od par.iunnt to the
Food Statap Art of )L14 lc:/!rlt L. In cx-
ress of the t.nlount :-ctiAMiy ,thtirgcd the
;,.Hr Lie iu;,.ir:hold;
(91 Pa m:ent.i rece!ved pursuant to
l:artf::ipatlon In the foll,Iw•in6 valu:itcer
prngrems under the ACTION Agency:
(I) National Volunteer Antipoverty
Programs winch Include VISTA, Serv-
ice I1_;:-ninF Programs and Special Vel-
unleer I'roctralns.
01J National Mier American Volun-
teer I'rop;rams for persons aged 60 and
over which Include Retired Senior Vol-
unteor Prorrunis, foster Grandparent
I'rograin, Older American Commun(ty
S!•rvices Program, and National Volun-
teer Ro.nram to A list Small Lusiness
ELp,•r;cnc(,, f rrvice Corps of Retired Ex-
ecutivr tSCORY) and Active Corps of
Exeruti:es (AC,'C)-
(cJ :f the clrcunistanres are such t`.tpt
it Is n.A feasible reasonably to anticipate
a level of incoine over a 12-month period,
a !:&Y! ter period may be toed subject to
a redetcrn:it:at.lon at the end of such
period.
A. ii u s .
• . '. APPENDIX III
Cuicle Fort for Determining the am punt of 97 it.
I. Gr',:L`:T DrTEP2.11NATTUN
1. Deterr.�ine be_-t int.c:rest rate anci term apnlicn:yt Could obtain from
convention lender:
RATE
T} i'It: _____years
COST OF t:1 H:1ii : $
Enter monthly paynent factor corresponding to above
rate and termm:
2. Select interest rate and term of lear applicant will
be expected to pay:
R.1T C :
7'Ei-,'I: years
Enter monthly pn;•r ent factor :_oron-iin�; to above
rate and term:
(-) $
(�)
3. Sc:bcij-ty pa--.%aent f:actcr. SU'7,7WT L)',-P (1) .froi;l L1.:�
(2) $
(3)
4+(
A. Compute D,erccntaga of subsidy rtci;:ire":
a. Divide Line (3) by Line (1)
(`= a)
b. Lxpr ::s as i:crcen,al;c by moving .'.c cil:.:,; i�;nt
two places to ri,;ht:
Percentnoc of cost of rehab suh:;idi::c,I:
S. Ccm ute doll:!r amount of grant requi r e:l :
1•;ultil:ly the: cost of 7•eh:1b (i.e., thO fail Zncun:
the applicant would have
IMLI to ho:•i-OW frorl a 10C�l bark hart the- �r:nit not
been available) by the
amount jr, Line! (4a) :
-
S •a = $ _ (S)
COST 01• itfiHAB Liiie (4ajIN1EPEST --
_ REL"1CTION Gd` V'I'T
II. „7`:'i11i.1' I'nY'•1�:�T (1Ii;'f:R'•tI:::1•I'iU:;
G. Applicant's :cnuirr,' %lontillti• nay;wnt to after grant
+ l):;ir; the Co,t of Rehab is t` r 4
to ,the 1'.Et
l:ultiply by dollar hay:,rnt factor i.n LI:;i. ►;'_'� 1 S
fp licant's re,4uired ; ollth'. �:,:,• t