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HRA Report 12-03 Capital Funds Program 2012-4m City of Hopkins March 14, 2012 2012 CAPITAL FUNDS PROGRAM Proposed Action HRA Report 2012-03 Staff recommends the following motion: adopt Resolution 484, authorizing HRA Chair and Executive Director to accept and use the 2012 Capital Funds. With approval of this motion, HRA Board Chair and the Executive Director will implement the proper planning and procurement process to utilize the $62,869 the HRA will receive in 2012 Capital Funds from the U.S. Department of Housing and Urban Development. Overview The HRA was recently notified of the availability of the annual Capital Fund Program for 2011. This year the allocation was reduced by almost $10,000 over the amount we were given in 2011. This is due to the cuts to the Federal Capital Fund Program Budget for all Housing Authoritys, and each HRA will receive decreased funds this year. Primary Issue to Consider Why do we need to act? The guidance provided to the Hopkins HRA from the HUD field office indicates that a resolution accepting and authorizing the use of these funds is strongly encouraged. Supporting Information • HRA Resolution 484 • Amendment to the Annual Contribution Contract • HUD -50075.1 Annual Statement for 2012 Funds Alternatives The HRA has the following alternatives regarding this issue: 1. Approve the action as recommended by staff. 2. Continue for further information. Stacy Unowsk , Public Housin anager HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 484 RESOLUTION AUTHORIZING ACCEPTANCE AND USE OF 2012 CAPITAL FUNDS WHEREAS, the Housing and Redevelopment Authority In and For the City of Hopkins, Minnesota (the "Authority"), operates a Low Rent Public Housing Program; and WHEREAS, the Authority and the Department of Housing and Urban Development have entered into a Capital Fund ACC Amendment for Fiscal Year 2012 for the purpose of carrying out capital activities at Dow Towers. NOW, THEREFORE, BE IT RESOLVED that the Authority Board of Commissioners hereby authorizes the Authority to accept $62,869 in Capital Fund Program funding and authorizes the use of such funds. Adopted this 20th day of March 2012. Chair ATTEST: Executive Director 2012 Capital Fund Capital Fund Program U.S. Department of Housing (CFP) Amendment and Urban Development To The Consolidated Ahnual Contributions Office of Public and Indian Housing Contract (force HUD -53012) Whereas, (Public Housing Authority) HRA of Hopkins; Mlnnesota(MN078) (herein called the "PHA") and the United States of America, Secretary of Housing and Urban Development (herein called "HUD") entered into Consolidated Annual Contributions Contract(s) ACC(s) Numbers(s) C-942 dated 2/411971 Whereas, HUD has agreed to provide CFP assistance, upon execution of this Amendment, to the PHAin the amount to be specified below for the purpose of assisting the PHA in carrying out capital and management activities at existing public housing developments in order to ensure that such developments continue to be available to serve low-income families. HUD reserves the right to provide additional CFP assistance in this FY to the PHA. HUD will provide a revised ACC Amendment authorizing such additional amounts. $ 62,869.00 for Fiscal Year 2012 to be referred to under Capital Fund Grant Number MN46P07850112 PHA Tax identification Number (TIN):On File DUNS Number:On File Whereas, HUD and the PHA are entering into'the CFP Amendment Number 3c) Now Therefore, the ACC(s) is (are) amended as follows: States Housing Act of 1937, as amended, (the "Act") and 48 month time period 1,7he ACC(s) is (are). amended to provide CFP•asslstance-in the amount in which the PHA must expend this CFP assistance pursuant to section 90)(5) of specified above for capital and management activities of PHA developments. the Act starts with the effective date of this CFP amendment (the date on which This amendment is a part of the ACC(s). CFP assistance becomes available to the PHA for obligation). Any additional GFP assistance this FY will start with the same effective date. 2, The capital and management activities shall be carried out in accordance with all HUD regulations and other requirements applicable to the Capital Fund Program. 3.' (Check one) a. For Non-qualified PHAs: (i} In accordance with the HUD regulations, the Annual PHA Plan has been adopted by the PHA and approved by HUD, and may be amended from time to time. The capital and management activities shall be carried out as described in the CFP Annual Statement/Performance and Evaluation Report (HUD -50075.1). OR (ila If the Annual PHA Plan has not been adopted by the PHA and approved by HUD, the PHA may use its CFP assistance under this contract for work items contained in Its CFF -Five -Year Action Plan (HUD -50075.2), before the Annual PMA Pian is approved, b. For Qualified PHAs: (1) The CFP Annual Statement/Performance and Evaluation Report (HUD -50075:1) has been adopted by the PHA and verified by HUD. The capital and management activities shall be carried out as described therein. OR X- (ii) if the CFP Annual StatementlPerformance and Evaluation Report has not been adopted by the PHA and/or verified by HUD, the PHA may use its CFP assistance under this contract for work Items contained in its approved CFP 5 -Year Action Plan (HUD -56075.2), before the CFP Annual Statement/Performance and Evaluation Report is adopted by the PHA and verified by HUD. For cases where HUD has approved a Capital Fund Financing Amendit*nt to the ACC (CFF Amendment attached), HUD will deduct the payment for amortization scheduled payments from the grant immediately on the effective date of this CFP Amendment. The payment of CFP funds due per the amortization scheduled obit be made directly to a designated trustee (Trustee Agreement attached) within 3 days of the due date. Regardless of the selection above, the 24 month time period in which the FHA must obligate this CFP assistance pursuant to section 9(17(1) of the United 4. Subject to the provisions of the ACCs) and paragraph 4. and to assist In the.. capital and management aciivitles, HUD agrees to disburse to the PHA or the designated trustee from time to time as needed up to the amount of the funding assistance specified herein. 5. The PKA shall continue to operate each development as low-income housing in compliance with the ACC(s); as amended, the Act and all HUD regulations for a period of twenty years after the last disbursement of CFP assistance for modernization activities for any public housing or portion thereef and for a period of forty years after the last distribution of CFP assistance for development activities for any public housing and for a period of ten years following the last payment of assistance from the Operating Fund to the PHA. However, the provisions of Section 7 of the ACC shall remain in effect for so long as HUD determines there is any outstanding indebtedness of the PHA to HUD which arose in connection with any developments) under the ACC(s) and which is not eligible for forgiveness, and provided further that, no disposition of any development covered by this amendment shall occur unless approved by HUD. 6. The PHA will accept all CFP assistance provided for this FY. If the PHA does not comply with any of its obligations under this Amendment and does not have its Annual PHA Plan approved within the period specified by HUD, HUD shall impose such penalties or take such remedial action as provided by law. HUD may direct the PHA to terminate all work described in the Capital Fund Annual Statement of the Annual PHA Plan. In such case, the PHA shall only incur additional costs with HUD approval. 7. implementation or use of funding assistance provided under this Amendment is subject to the attached corrective action order(s). ;(mark one) ; ❑Yes ( No 8. The PHA acknowledges its r asponsibility for adherence to this Amendment. 9. At a public housing development level and in the format and frequency established by HUD, the PHA is required to report on all Capital Fund grants awarded that have not closed, including information on the installation of energy conservation measures. The parties have executed this Agreement, and it will be effective on March 12, 2012. This is the date on which CFP assistance becomes available to the PHA for obligation. By DevelopmentPH Date: By 15Xe(A,.;f "IVP-Veta Date: ` Annual Statement/Performance and Evaluation Report Capital Fund Program, Capital Fund Program Replacement Housing Factor and j Capital Fund Financing Program. �y�WWYWWWYYYpWyyyyyyiYW�WYYYYYYI�YyIIY�YYIiWu�'Yh�uuYWW/4diWuultlJy�;yM�NNWIJ�WM1lY1LJilif011ill iini m�ii iii ii ilii ii ii i ill ilii � ii i u �i i i U.S. Department of Housing and Urban Development Office of Public and Indian Housing OMIT No. 2577-0226 Fanires 3?1-1V!W11 Part7: Summary PHAName: Hopkins HRA Grant type and Number Capital Fund Program Grant No: MN46P0785DII2 Replacement Housing Factor GrantNo: Date ofCFFP: FFY of Grant: 2012 FFY of Grant Type of Grant ® Original Annual Statement ❑ Reserve for Disasters/Emergencies ❑ Performance and Evaluation Report for Period Ending: El Revised Annual Statement (revision no: ❑ Final Performance and Evaluation Report ) Line Summa b Aevelo mentAccount Total Estimated Cost Total Actual Cost' Original Revised' Obligated Expended I Total non -CFP Funds 2 1406 Operations (may not exceed 20% of line 2I)' 3 1408 Management Improvements 4 1410 Administration (may not exceed 10% of line 21) 5 1411 Audit 6 1415 Liquidated Damages 7 I430 Fees and Costs 8 1440 Site Acquisition 9 1450 Site Improvement 10 1460 Dwelling Structures 62,869 It 1465.1 Dwelling Equipment—Nonexpendable 12 1470 Non -dwelling Structures 13 1475 Nan -duelling Equipment 14 1485 Demolition 15 1492 Moving to Work Demonstration 16 1495.1 Relocation Costs 17 1499 Development Activities I To be completed for the Performance and Evaluation Report. ' To be completed for the Performance and Evaluation Report or a Revised Annual Statement. 3 PHAs with tinder 250 units in management may use 100% of CFP Grants for operations. 4 R14F Rinds shall be included here. Pagel form HUD -50075.I. (4/2008) Annual Statement/Petknuance and Evaluation Report Capital fund Program, Capital Fund Program Replacement Housing Factor and Capital Fund Financing Program U.S. Department of Housing and Urban Development Office of Public and ,Indian, Housing WYM No. 2577.0226 Exuires 08/31/2011 Part h Summar PITAName: Ilopldns BRA Grant Type and Number Capital Fund Program Grant iia; Iv1N46F07850112 Replacement Housing Factor GrantNo: Date of CFFP: FFY of Grann 2012 FFY of Grant Approval: Ty a of Grant Original Annual Statement ❑ Reserve for Disasters/Emergencies Performance and Evaluation Report for Period Ending: d Revised Annual Statement (revision no: ) 0 Final Performance and Evaluation Report Line Summary by Development Account Total Estimated Cost Total Actual Cost r Original - Revised $ Obligated Expended l8a 1501 Collateralization or Debt Service paid by the PHA. t8ba 9000 Collateralization or Debt Service paid Via System ofDirect - Payment 19 1502 Contingency (may not exceed 8% of line 20) 20 Amount of Annual Grant:: (sum of lines 2 -19) 62,869 21 Amount of line 20 Related to LBF Activities 22 Amount of lint 20 Related to Section 504 Activities 23 Amount of line 20 Related to Security -Soft Costs 29 Amor at of fine 20 Related to Security - Hard Costs 25 Amount of line 20 Related to Energy Conservation Measures Signature of Executi Direct r Date Signature of Public Housing Direetor Date ' To be completed for the Performance and Evaluation Report, 2 To be completed for flit Performance and Evaluation Report or a Revised Annual Statement, s PHAs tivith under 250 units in: management may use 100% of CFP Grants for operations. 4 RHF funds shall be included here. page2 . form BUD -50075.1 (4/2008) „ \II \IJpu\lu�q glgilB�\1Ng1igLA \dl \\NIIIN q\i1JAi \Y \JL qiP \l\Il ,u 1 vluawua�x.... Iudeianml...... vN °1 1 nanxa�inwlvIbx¢vuNouud �laan 0�p11N16WNWnI1dpM\IW��'�pin\mll�dningll e o'� otas�n�pa°toT a� ca �cl��a»aa1�R p�aGe�on�'� derA6po�g5oi12 ,A�'als �pto proam VTO e0�au"'Gtt1�Q Capt �vn a �a�czng C�I,ita1sfo)gFaotor Goot�p: u� Gape entgp°�t�t�1 ti wQeS _ ._„ne'llt I p2CGo�t-�p. Ge�DeS�Cats�QTles � ,/- tooea,. Ova / riaeeaEvaloagcmR p° atot cc� aoce �'d� pplet�TOT�jeYe Z en, O oo0,Fu GT)O�$,3�t`�r U isp es Total Ao�,al Cost �talxls U. �54Q� , 'I Annual Statement/Performance and Evaluation Report Capital Fund Program, Capital Fuad Program Replacement Housing Factor and Capital Fund Financing Program U.S. Department of Housing au, Office of Public and b1d}au . x_ OMB No. 2577-0226 Expires 08/31!2011 Part n: Supporting pages PHA blame: Hopkins .fl LA. Grant Type and Number Capital Fund Program GrantNo: UN46PO7850112 CFkP (Yes/ No): Replacement Housing Factor Grant No: Federal FFX of Grant: 2012 Development Number Name/PHA-Wide Activities General Description of Major Work Categories Development Account No. Quantity Total Estimated Cost Total Actual Cast Status of Work Original Revised Ftmds .Funds Obli ated' Eat ende& 'To be completed for the Performance and Evaluation Report or a Revised Annual Statement, 'To be completed for the Performance and Evaluation Report. form RliD-50075.1 (4/2008) Annual Statement/Performance and Evaluation Report Capital Fund Program, Capital Fund Program Replacement Housing Factor and Capital Fund Financing Program U.S. Department of$ousrn,,,- -- Office ofPubfic and luw— OMB No. 2577-022o Expires 08131/20.11 fart III: Implementation Schedule for Capital Fund Financing F'ro ram PHA. Name: Hopkius HRA Federal MY of Grant. 2012 Development Number Narne/PkIA-Wide Activities All Fund Obligated All Funds Expended (Quarter Ending Date) (Quarter Ending Date) Reasons for Revised Target Dates Original Obligation End Date Actual Obligation Original Expenditure End Date End Date Actual Expenditure End Date NM 078 001 03/11/14 03/11/16 I Obligation and expenditure end dated can only be revised with HL11:i approval pursuant to Section 9j of the US, Housing Act of 1937, as amended. form HUD -50075.1 (4/2008) Annual StatementlPerformance and Evaluation Report Capital Fund Program, Capital Fund Program Replacement Housing Factor and Capital Fund. Financing ,Program U.S. Department of Housing and Urban Developwu -- Office of Public and Indian Housing OMB No. 2577-0226 Expires 08131/2011. Part ITT: Implementation Schedule for Capital Fund Fmancing Program PHA Name: Hopkins HRA Federal FFY of Grant. 2012 Development Number All Fund. Obligated. All Funds Expended Reasons .for Revised Target Dates ' Name/PHA-Wide (Quarter Ending Date) (Quarter Ending Date) Activities Original Actual Obligation original Expenditure Actual Expenditure End Obligation End End bate . End Date . Date Date 1 Obligation and expenditure end dated can only be revised with HUD approval pursuant to Section 9j ofthe U.S. Housing Act of 1937, as amended. form HXII.T-50075.1 (412008)