Shared by Norma, Fahe’s VP of Human Resources RE: Families 1st Coronavirus Response Act
On Wednesday, March 18, President Trump signed H.R. 6201, the “Families First Coronavirus Response Act,” into law. It becomes effective on April 2nd, which is a short period for taking compliance steps and budgeting for the changes. Among the provisions of the coronavirus relief bill are items relating to paid sick time and family leave, which we [McBrayer LLC] have summarized HERE, as they will have an enormous impact on employers.
Webinars from The GREATER KANAWHA VALLEY FOUNDATION
Tue. May 26, 2020 10:30 AM – Advice for Nonprofits on How to Survive a Recession- Webinar with Patrick Patterson – Info/Register HERE
Tue, Jun 9, 2020 2:00 PM – 3:30 PM EDT – Program Outcomes, Outputs, and Demographics – Info/Register HERE
Thu. July 9, 2020 10:30 AM – Grantwriting Tips for Understaffed Nonprofits – – Info/Register HERE
After registering, you will receive a confirmation email containing information about joining the webinar.
FHLB-Pittsburgh Info/Funding Opportunities
AHP Open June 15 with Approximately $28.6 Million in Funding –applications are due by 5 p.m. Eastern time on Aug. 11, and the awarded projects will be announced on Dec. 18. Early application planning will help ensure that your application will be competitive for funding. If you have questions about AHP, please contact Megan Krider at 800-288-3400, ext. 4577, or firstname.lastname@example.org.
- Partner Matching– Members and project sponsors looking for a member/sponsor partner for this year’s round can get matching help through the AHP Match Request Form, which is now available on FHLBank’s website.
- Forms and Guides – Forms and guides to help submit a 2020 AHP application will be available on FHLBank’s website beginning June 1.
- Application Assistance– To discuss specific eligibility, scoring or feasibility questions, project participants may request application assistance from FHLBank staff. Requests must be submitted using the AHP Application Assistance Request Form, which will be available on FHLBank’s website beginning June 1. Application assistance may be requested from June 1-30 and will be scheduled on a first-come, first-served basis.*
The following webinars will also be available for the 2020 funding round:
- AHP 101 Webinar – Members and sponsors interested in a more detailed discussion of the AHP process, including key scoring and feasibility issues, can watch the AHP 101 Webinar, which will be available on FHLBank’s website beginning May 27.
- AHP Tips Webinar – Those who initiate their AHP application by July 10 will receive, on July 13, a link to the AHP Tips Webinar. This webinar will highlight tips for submitting a successful AHP application.
WVHDF Info/Funding Opportunities
The WVHDF realizes that the COVID-19 outbreak may cause some delays to your project, which could impact the following LIHTC Program deadlines:
- 9% Application Period Due Date
- Programmatic deadlines of recently (2018 and 2019) selected properties
- 10% Test and other time-sensitive Carryover Allocation Certificate Special Conditions
- Placement in Service
9% Application Period Due Date The Fund has received questions regarding the deadline for the upcoming 9% LIHTCP round. The Fund is currently committed to the due date of May 28, 2020, by 4:30 p.m., prevailing Eastern Time. However, given this commitment and the COVID-19 outbreak which could impact third party reports/signatures, the Fund wanted to poll our mailing list to determine if there are any other perceived roadblocks to submitting by the scheduled due date.
What we need:
- If you plan to submit an application, and have been notified by a third-party that they may not be able to provide the needed reports /signatures for your Reservation Request by the due date, please provide the following:
- The specific delayed report/signature
- If known, what is the estimated date the report/signature will be delayed until
- If you plan to submit an application and do not find any issues with fulfilling the May 28 deadline, please advise us of that fact.
We realize that no one knows how long the stay at home protocol will persist or which states will be impacted the longest, but we wanted to let you know that we are interested in your thoughts regarding this topic. We encourage you to continue working on your 2020 properties as much as possible in case things start opening up and we are able to keep the stated due date.
Programmatic Deadlines – Upcoming (and possibly concerning) deadlines:
- 2019 Selected Properties must fulfill the 10% Test and other time-sensitive Carryover Allocation Certificate Special Conditions within one year of the property’s Carryover Allocation Certificate
- 2018 Selected Properties must place in service by December 31, 2020
We are aware and share your concern regarding the above listed deadlines. We have been in contact with the National Council of State Housing Agencies along with most all other State Housing Financing Agencies in providing a united voice in seeking regulatory relief. Attached is a March 23, 2020, letter from NCSHA to the IRS and Treasury requesting relief, including relief for the above stated programmatic deadlines (first three bullet listed items in the letter).
Unfortunately, the Fund cannot simply waive the 10% test or lengthen the time by which it must be met. Nor can the Fund extend the time period by which a property must place in service. If the requested regulatory relief is not granted, the Fund will most likely explore other options for relief, such as an across-the-board administrative waiver for properties needing more time. Any waiver would likely include the return of credit and re-allocation of credit to the impacted properties.
What we need: If you currently have a 2018 property under construction or rehabilitation, it may be helpful for us to understand where you are in completing your property. If you are finished – great – we would like to know that. If you are not finished – what current roadblocks (if any) are you facing to complete your property?
Eligible applicants who are interested in responding to this RFP must:
- Submit the Pre-Application to Chuck Thomas (email@example.com) no less than one week prior to submitting the RFP.
- Shortly after receipt of Pre-Application, applicant will receive information concerning Procorem and the work center established for the submission of the RFP.
RFPs received without a previously submitted Pre-Application will be returned. The RFP outlines specific application deadlines and other special considerations applied to a given funding round. Applications for HOME and/or HTF Rental Housing funding must be submitted according to the following timeline:
- May 28, 2020 (for RFPs received from issuance date through May 28, 2020) – This application cycle is open to developers of all project ty: Low-Income Housing Tax Credit projects (9% LIHTC and 4% LIHTC; for profit developers; CHDO and non-CHDO nonprofit developers). LIHTC Developers must complete the LIHTC Form 1040 and not the attached RFP. Moreover, LIHTC Developers must complete the LIHTC pre-registration and not the attached pre-application. HOME-only and/or HTF-only Pre-Applications for this round must be received on or prior to May 21, 2019.
- September 30, 2020 (for RFPs received from May 29, 2020, through September 30, 2020) – this application cycle is open to developers of limited project types: 4% LIHTC projects and CHDO developers. LIHTC developers must complete the LIHTC Form 1040 and not the attached RFP. Moreover, LIHTC Developers must complete the LIHTC pre-registration and not the attached pre-application. HOME-only and/or HTF-only Pre-Applications for this round must be received on or prior to September 23, 2020.
The Fund’s acceptance of the RFP via Procorem does not preclude the Fund from requesting the submission of additional documentation and/or information to be delivered or sent to its office.
HOME is a HUD program regulated by 24 CFR 92, and HTF is a HUD program regulated by 24 CFR 93. For developers submitting a 2020 RFP, please be advised of the following information:
- Contingent upon receipt of the 2020 HUD HOME award and approval of the 2020 Annual Action Plan (AAP), the Fund estimates it will commit no less than approximately $766,600 to the CHDO set-aside and approximately $5,300,000 to HOME Rental projects (amounts are approximate pending receipt of HOME award and approval of AAP).
- For Projects requesting HOME funds: Each project may request a minimum of $300,000 to a maximum of $800,000 of HOME funds. No project will be awarded less than $300,000 or more than $800,000, unless the Fund’s underwriting determines otherwise.
- Contingent upon receipt of the 2020 HUD HTF award and approval of the 2020 AAP, the Fund is prepared to commit approximately $2,700,000 to HTF rental projects (amount is approximate pending receipt of HTF award and approval of AAP).
- For Projects requesting HTF funds: Each project may request a minimum of $300,000 to a maximum of $1,300,000 of HTF funds. No project will be awarded less than $300,000 or more than $1,300,000, unless the Fund’s underwriting determines otherwise.
- The HOME and HTF portions of https://www.wvhdf.com/programs contain important documents for all developers, which include: environmental documents, HOME & HTF Underwriting and Subsidy Layering Guidelines, current HOME & HTF maximum per-unit subsidy limits, HOME Match Information, and other significant documents that are required and beneficial for completing an RFP.
Please contact me at firstname.lastname@example.org or 304-391-8663 if you have any questions or comments regarding the HOME and HTF RFP.
3/1/20 Section 502 Direct Certified Loan Application Packaging Process Updates: The approval of HomeOwnership Center, Inc. as an approved intermediary in West Virginia. Congratulations to HOC!
From the HUB:
- Businesses, philanthropy, and others are mobilizing with funding to support people in need. This past week included a boom in funding options added to our WV Communities Resource Page for small business plus community groups and nonprofit organizations. Philanthropy WV is also updating a comprehensive list of rapid response funding sources from across the state – these serve as places to seek funds and also as options for places to donate.
- West Virginians are ramping up their help. The virtual, statewide community group that began on Facebook as WV Food ER 2020 has now launched a new website – Rapid Response WV (Read Our Story). West Virginians can request help and volunteer to help others through this site.
Taking power back – 100 Days in Appalachia is seeking West Virginians who want to share their stories! Ahead of the 2020 election we are bringing together, for the first time, a group of Appalachian people of all backgrounds and walks of life that will help the rest of America better understand what is really happening here. We’re calling it the “Appalachian Advisors Network,” and our goal is to help national and international news outlets better understand what is happening in your communities. More information HERE Check out the HUB’s Pre-Report on Community Development Innovation
Office of National Drug Control Policy
We are very excited to share that on Friday, the Administration released a new tool to assist rural community leaders in building an effective local response to the crisis of addiction, the Rural Community Action Guide: Building Stronger, Healthy Drug-Free Rural Communities.
The guide complements both the Community Assessment Tool, which gives county specific data about deaths and factors which may make a community more vulnerable to addiction, and the Federal Rural Resources Guide, which includes comprehensive information about different federal funds for rural communities impacted by addiction. The Guide also has a companion supplement, a listing of promising practices which you can find here: Rural Community Action Guide: Promising Practices.
Per Anne Hazlett, news sent on funding announcements every few weeks- to be added to that list, please email Betty-Ann Bryce