2009/03/25 Council Agenda Packet

ADMINISTRATION PLAN 4 The state NSP plan allows flexibility for the local jurisdictions to partner with their local affordable housing organizations and other NSP recipients to administer the funds and implement the activities. Each subrecipient jurisdiction must demonstrate its capacity to manage its local NSP plan and submit an administration plan. > Respond to the questions below and submit this page as part of the local NSP plan. 4--i„..„.•c r ➢ Attach available policy and procedure documents as requested on the following page. How will you administer state NSP funds? ❑ Directly administer all funds X Sub-grant all funds to local subrecipients ❑ Combination of direct administration and sub-granting to local subrecipients ❑ Combine administration of NSP assisted activities with another jurisdiction receiving NSP funds If funds are sub-granted: • How will you provide oversight of the sub-grantee and ensure compliance with federal and state requirements including environmental review, acquisition and relocation, labor standards, and financial management? The City of Everett will review and approve the detailed implementation plan to be submitted by the subgrantee,the Everett Housing Authority, prior to expenditure of any funds. The City will review subgrantee's quarterly progress report which will be required to address issues related to federal requirements. • Describe the monitoring plan to ensure accurate and timely quarterly reporting to the state on sub-grantee activities: The City of Everett's contract with the subgrantee, the Everett Housing Authority, will require the submission of the quarterly report in a timely manner. Release of funds will not be permitted if the report is delinquent. • How will you track the progress of NSP-assisted activities to ensure timely obligation and expenditure of funds? Again, the quarterly report will address the status of each project, including updated schedules for the obligation of program funds. Remedial action will be taken if the obligation timelines are threatened. • How will you receive and redistribute program income received prior to July 30, 2013, to NSP activities? Program income must be held, tracked, and redistributed by the subrecipient jurisdiction. It is not anticipated that any program income will be generated prior to July 30, 2012, as the result of the Purchase Assistance Program, but some may be generated if there is an unanticipated early resale of the property. It is anticipated that both the Home Purchase and Resale Program and the Land Purchase Program will generate program income prior to July 30, 2013,as property is resold to eligible families. In both cases, the programs anticipate that the income will immediately be re-allocated to the property in the form of Purchase Assistance by the eligible family, as permitted by NSP regulations. • Homeownership activities: Who will provide the required 8 hours of homebuyer counseling from a HUD- approved housing counseling agency, how will this be paid, and how will homebuyers be referred to the provider? All families purchasing homes or lots pursuant to this NSP effort will undergo significantly additional counseling than the minimum 8 hours required in the guidelines. The subgrantee, Everett Housing Authority, will assure than homeownership preparation counseling is provided by one of the experienced counseling agencies in the community: Habitat for Humanity,Washington Home of Your Own, Housing Hope, Parkview Services, Home for Good, or HomeSight. Each of these agencies provides the counseling at no cost to the eligible family. Families are 8 2J