19D - AFFORDABLE HOUSING RFP - Laserfiche WebLink

Home Browse Search

Affordability Requirements All units assisted under this program shall be affordable to households with incomes that do not exceed 30% of median income and must be targeted to eligible homeless veterans as determined by the Veterans Affairs of Long Beach under the HUD-VASH Program. Compliance with Federal and Local Regulations All projects must comply with all applicable federal requirements contained in 24 CFR 982, including, but not limited to, environmental review, labor and wage requirements, debarred contractors, lead-based paint and equal opportunity. Borrowers should note: Contract Requirements: All work shall be completed by licensed'contractors. All contracts must comply with competitive bidding requirements. Labor Standards: A project with nine or more residential units must comply with the Federal Labor Standards, including the Davis -Bacon Act requirements, as promulgated by HUD, and set forth in 24 CFR Part 570, Subpart K in the performance of the rehabilitation or construction work financed by the loan. Contracts over $10,000 must comply with Equal Opportunity Affirmative Action requirements of Section 3 of the Housing and Urban Development Act of 1968, All efforts shall be made to provide equal opportunity for employment without discrimination as to race, marital status; sex, color,'age„religion, national origin or ancestry, and to seek out qualified local tradespeople for,contracting and subcontracting bids. Lead-based Paint: Housing assisted with PBV funds constitutes HUD -associated housing for the purpose of the Lead -Based Paint Poisoning Preventiori Act and the Lead Safe Housing Rule, and is therefore subject to 24 CFR Part 35. Unless otherwise provided, borrowers are responsible for testing and abatement. Accessibility: All projects must comply with the federal Section,504 Disabled Accessibility regulations contained in Sections 8.22 and 8.23 of Subpart C, 24 CFR Part 8. For more information, please see PIH Notice 2017 — 17 and 24 CFR Part 983. VIII. NEIGHBORHOOD STABILIZATION PROGRAM FUNDS HUD's Neighborhood Stabilization Program provided emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to purchase foreclosed or abandoned homes and io rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of'neighboring homes. The program is authorized under Title III of the Housing and Economic Recovery Act of 2008. There have been three rounds of funding for NSP. The Housing and Economic Recovery Act of 2008 provided a first round of formula funding to States and units of general local government, and is referred to as NSP1. The American Recovery and Reinvestment Act provided a second round of funds in 2009 awarded by competition, and is referred to as NSP2. The third round of funding, NSP3, was provided in 2010 as part of the Dodd -Frank Wall Street Reform Act and was allocated by formula. 1) Use of grant funds must constitute an eligible use under HERA as amended by the Recovery Act. 2) In addition to being an eligible NSP use of funds, each activity funded must also be CDBG-eligible under 42 U.S.C. 5305(a) and meet a CDBG national objective. City of Santa Ana Community Development Agency Request for Proposals for Affordable Housing Development Page 24 19D-28