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Item 10 - AA for Housing Choice Voucher Program and Mainstream Voucher Program
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Item 10 - AA for Housing Choice Voucher Program and Mainstream Voucher Program
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5/30/2024 4:05:52 PM
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5/29/2024 6:09:55 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
10
Date
6/4/2024
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EXHIBIT 1 <br />Enclosure A <br />Calculation of Calendar Year 2023 Renewal Funding <br />Housing Choice Voucher Program <br />1 HA Number: <br />2 HA Name: <br />CY 2023 Renewal Funding <br />3 CY 2023 HCV Renewal Funding after Offset and Amounts Owed HUD <br />CY 2023 Non -Renewal Funding <br />4 CY 2023 Non -Renewal Funding (TPVs, VASH, etc.) to Date <br />5 CY 2023 Estimated RAD 1 Funding For First Full Year After Conversion <br />6 CY 2022 Proration Increase <br />7 Total CY 2023 HCV Renewal and Non -Renewal Funding <br />ELIGIBILITY <br />8 Total Unit Months Leased per VMS - CY 2022 <br />9 Total Unit Months Available - CY 2022 <br />10 Capping Percentage <br />11 Total CY 2022 HAP Expenses per VMS <br />12 Total CY 2022 Capped HAP Expenses (Line 11 x Line 10) <br />13 Renewal Funding Inflation Factor <br />14 Inflated Eligibility Sub -Total (Line 12 x Line 13) <br />15 First Time Renewals - Appendix II <br />16 Transfers In or Out <br />17 Total DHAP Eligibility <br />18 Total Renewal Eligibility (Line 14+ Line 15 + Line 16 + Line 17) <br />19 Proration Factor <br />20 Prorated Eligibility (Line 18 x Line 19) <br />CA093 <br />CITY OF SANTA ANA HSG AUTH <br />$45,630,128 <br />$767,778 <br />$0 <br />$189,021 <br />32,972 <br />36,489 <br />100 <br />$42,392,321 <br />$42,392,321 <br />1.07505 <br />$45, 573, 865 <br />$56,263 <br />$0 <br />$0 <br />$45,630,128 <br />FUNDING <br />21 Total CY 2023 Renewal Funding after Offset <br />22 Renewal Funding Obligations, January through May 2023 <br />23 Remaining to Obligate for CY 2023 prior to reduction for funds due HUD (Line 21 - Line 22) <br />24 Reduction for Funds due HUD <br />25 Remaining to Obligate for CY 2023 after reduction for funds due HUD (Line 23 - Line 24) <br />26 Total Eligibility Through May 2023 <br />27 Additional Obligations Due Through May, 2023 (Line 26 - Line 22, if Line 26 is higher; else 0) <br />28 Excess Obligations Through May, 2023 (Line 22 - Line 26, if Line 22 is higher; else 0) <br />29 CY 2023 Inflated Per Unit Cost <br />This value is calculated as total inflated VMS Expenses, minus HAP Costs After the First <br />of the Month, divided by total Unit Months Leased. <br />30 Comments <br />$46,586,927 <br />100 <br />$45,630,128 <br />$45,630,128 <br />$20,158,105 <br />$25,472,023 <br />$0 <br />$25,472,023 <br />$19,012,553 <br />$0 <br />$1,145,552 <br />$1,368.15 <br />
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