CPD Funding Matrix and Dashboard Reports Posted

The CPD Funding Matrix and Dashboard Reports, as of June 1, 2018, have been posted to HUD Exchange.
These reports provide funding information for each city and state that receive CPD program funds, including Community Development Block Grant (CDBG), Continuum of Care (CoC), Emergency Solutions Grants (ESG), HOME, Housing Opportunities for Persons with AIDS (HOPWA), and Housing Trust Fund (HTF).
Reports detail the size of each grant received over the past several years, as well as the total amount of funds currently available to be spent on affordable housing and community and economic development activities.
CPD Funding Matrix Note: Based on the requirement that a grantee uses the adjusted ratio for determining its compliance with the CDBG timeliness standard of having no more than 1.5 times its annual allocation in its adjusted line of credit balance 60 days prior to the end of its current program year, HUD is in the process of updating the CDBG recapture risk column in the CPD Funding Matrix report, revised calculation is pending. In the meantime, a grantee wanting to know how much CDBG funding it may have at risk of recapture can do the following simple calculation:
{Adjusted line of credit (LOC) balance [LOC + program income + revolving loan fund balance(s)]} – {Annual allocation for current program year x 1.5} = Amount of potential reduction in next year’s grant (not to exceed actual grant amount)
Expenditures (all recipients): within 24 months from the date HUD signs the grant agreement.
Grantees with additional questions should contact their local field office.
         
Visit the HUD Exchange at https://www.hudexchange.info

HUD Releases Notice CPD 18-08: Guidance for Grantees on Submitting HTF Allocation Plans

HUD has released Notice CPD-18-08: Guidance for Grantees on Submitting Housing Trust Fund (HTF) Allocation Plans. This notice provides guidance to States on the submission requirements for the HTF program. States are defined as the 50 states, the District of Columbia, Puerto Rico, American Samoa, Guam, the Northern Mariana Islands, and U.S. Virgin Islands.
         
Visit the HUD Exchange at https://www.hudexchange.info

This Housing Gets More Affordable Over Time

Tuesday, June 5, 2018
In This Issue: Community Rights and Urban Land ● Don’t Overlook Small Cities ● Coalitions and the Orgs that Lead Them ● This Housing Gets More Affordable Over Time ● Also: Jobs ● Shelter Shorts ● Events ● ICYMI +
Donald Hinkle-Brown, Reinvestment Fund, and Donald F. Schwarz, Robert Wood Johnson Foundation
With revitalization and development projects in smaller cities, it is typically much easier to engage high levels of leadership, get traction for strategies that are more visible, engage the wider community, and scale solutions more quickly than their larger counterparts. Here are a few examples. Read Full Article
Shelterforce Staff
An International Housing Crisis | Adaptive Reuse in Orange | The Best Places For Bees | First TOD, Now TOG | An Incentive To Desegregate Schools | More… Quick Takes From Our Editors
Josh Silver, NCRC
Many books discuss the corrosive effect of money in politics and lobbying organizations, but few are devoted to how those representing the disenfranchised organize on a national level to fight for policy that seeks to empower communities. Herbert Rubin’s new book on the subject fills that gap by focusing on two organizations that will be quite familiar to most Shelterforce readers... Read Full Article
David J. Thompson, Neighborhood Partners LLC
When this limited-equity cooperative in California began more than 30 years ago, it wasn’t the most affordable place to live. But now the co-op’s monthly costs are 50 percent lower than the average market-rate apartment. Read Full Article
Oksana Mironova, writer and researcher
At a time when the American Left began to embrace “the local,” low-income residents of cities sought to address structural inequalities by claiming a right to make decisions about what happens in their immediate environment. Historian Roberta Gold defines this claim as community rights based in a “place-based collectivity bound by neighborhood ties.” Community rights provided a framework for… Read Full Article
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Events

Tuesday, June 12, 1 p.m. ET | How to Get Into the Partnership Game: A Healthcare Playbook for Community Developers | How can community development corporations, community development financial institutions, and affordable housing developers leverage their assets and expertise for effective partnerships with hospitals and health care systems? Join Build Healthy Places Network on June 12th for a special preview of the forthcoming resource, Healthcare Playbook for Community Developers, and learn how three cross-sector leaders are building partnerships across the community development and health care sectors.
You Said It!


Author Reply to Roy Lowenstein:
You’re not alone in trying to work this through. … Right now we’re waiting to see how Treasury’s regulations, which they plan to issue this summer, will affect how Opportunity Funds can make investments (and therefore affect the communities they’re supposed to benefit) and what sort of developments they can support. Enterprise has been among the organizations spreading the word about how Opportunity Zones operate since… —Laurel Blatchford, more

Author Reply to Danya:
Right now there aren’t provisions that ensure Opportunity Fund investments produce sustained, equitable benefits for residents and businesses in an Opportunity Zone. That’s why we’re calling the Department of Treasury to use its statutory authority from Congress to issue regulations that prevent abuse, and that abuse be defined to include… —Laurel Blatchford, more

I think we need to keep improving low-income neighborhoods, and as gentrifiers move in, try to devise methods of integration through addressing common problems—garbage collection, parks, safety. In many areas, affordable housing will prevent… —Carol Lamberg, more

This is an important book and a great interview. I’d like to hear more though about how the author explains resegregation. We see in Chicago many segregated neighborhoods that are… —Rachel Johnston, more

I wish he hadn’t been so dismissive of her point about community ties. Most researchers who have actually talked to low-income people of color participating in various mobility programs have noted that many heavily prioritize maintaining access to existing networks and social supports. I would never argue that… —Eileen, more

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Jobs
Planner Analyst/Research Associate This position is based in Texas Housers’ Houston office. The position is part of a 5-member Houston and 16-member statewide team of advocates, policy innovators, and organizers committed to achieving housing and community racial and economic justice. Texas Low Income Housing Information Service, A.K.A. Texas Housers, is... Read Full Listing
Director of Supportive Housing Management The person in this role is responsible for overseeing Foundation Communities’ permanent supportive housing portfolio and accompanying services, and creating a collaborative environment for our blended team of property management and supportive services staff. Shared accountability for outcomes is... Read Full Listing
Director of Real Estate Development Homestead Community Land Trust seeks an innovative real estate development professional to identify partnerships and opportunities for the development of homeownership properties, to conduct feasibility analyses of prioritized sites, to interpret and explain contracts to internal... Read Full Listing
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