Home Repair & Housing Rehabilitation Help

Home Repair & Housing Rehabilitation Help is sponsored by Build Scotts Bluff. Provides home repair and rehabilitation funding in Scotts Bluff County, Nebraska, through state-administered federal programs and local housing funds.

**HOME Investments Partnerships Program**The HOME Investment Partnerships Program (HOME) is a federal program that provides grants to states and localities for a wide range of activities that support affordable housing. **Department of Housing and Urban Development (HUD)****States, territories, qualifying urban counties, and metropolitan cities**. Local governments that do not receive funds directly may apply for funds from their state.

Local governments may also form consortia to receive funds directly from HUD. **80% AMI (homeownership); 60% AMI (rental)**. All households must have incomes at or below 80% of the area median income (AMI).

For rental housing, at least 90% of households must have incomes at or below 60% AMI. **Funding match**. Jurisdictions must match 25 cents for each HUD dollar received.

**Subrecipients**. At least 15% of funds must be used for projects led by Community Housing Development Organizations. **Formula allocation.

** Eligible jurisdictions receive an allocation from HUD annually. Jurisdictions may administer programs directly or subgrant to local organizations. To receive funding, jurisdictions must submit a Consolidated Plan, which details how they will use the funds from this and other HUD block grant programs.

HUD - HOME Investment Partnerships Program **Community Development Block Grant (CDBG)**The Community Development Block Grant Program (CDBG) is a federal program that provides grants to states and localities to support community development, homeownership, affordable housing, and other non-housing infrastructure items. **Department of Housing and Urban Development (HUD)****States, territories, qualifying local governments**.

States receive 30% of funds and other localities receive 70% of funds. Local governments that do not receive funds directly may apply for funds from their state. **80% AMI**.

At least 70% of CDBG funds must be used for activities that serve households at or below 80% AMI. Single-family housing units must be occupied by households with incomes at or below 80% AMI. In multifamily properties, at least 51% of units must be occupied by households with incomes at or below 80% AMI.

**Uses**. Up to 15% of funds can be used for "public services," which may include short-term (up to three months) rent or mortgage assistance. **Subrecipients**.

Funds may only be used for the construction of new housing if the project is led by a community-based development organization as part of a neighborhood revitalization effort. **Location**. Community development activities, such as parks and road improvements, should be targeted towards neighborhoods where a majority of residents earn below 80% AMI.

**Formula allocation**. Jurisdictions receive an allocation from HUD annually. Jurisdictions may administer programs directly or subgrant to local organizations.

CBDG is one of the most flexible federal funding sources and can be used for non-housing activities, including public services and development of community facilities. To receive funds, jurisdictions must submit a Consolidated Plan that details how they will use funds for this and other HUD block grants.

HUD - Community Development Block Grant Programs **CDBG Disaster Recovery**Community Development Block Grant Disaster Recovery (CDBG-DR) is a federal disaster recovery program that allocates funds to states and localities following a presidentially declared disaster. These funds generally follow the CDBG program rules and can be used for similar types of activities.

**Department of Housing and Urban Development (HUD)****States, territories, qualifying urban counties, and metropolitan cities impacted by a disaster**. Funds are appropriated at the discretion of Congress following a presidentially declared disaster; eligible jurisdictions receive an allocation based on the severity of the disaster. **80% AMI.

** Typically, 70% of funds must be used to serve households with incomes at or below 80% AMI. **Location. ** Typically, HUD limits the funds’ use to serve the “most impacted and distressed” areas resulting from a major disaster.

**Non-competitive application. ** Eligible jurisdictions apply for funds by developing an Action Plan that describes how funds will be used. HUD then approves the plan and disburses funds to jurisdiction.

Funds are meant to address long-term recovery, supplementing other resources from the Federal Emergency Management Administration and other agencies. HUD - Community Development Block Grant Disaster Recovery Funds **USDA Section 502 Home Loan programs**USDA’s Section 502 provides loans and loan guarantees for eligible applicants to purchase, build, or renovate single-family homes in designated rural areas.

Loans do not require a down payment. **Department of Agriculture (USDA)****N/A**. For the Direct Home Loan program, homebuyers apply directly to USDA.

For the Guaranteed Loan Program, homebuyers apply to participating lenders. **80% AMI to 115% AMI**. The Direct Loan Program serves households with incomes at or below 80% AMI who do not have safe, decent, and sanitary shelter.

The Guaranteed Loan Program serves households with incomes at or below 115% AMI. **Location**. Homes must be located in USDA-designated rural areas.

**Non-competitive application**. Eligible homebuyers may apply directly to USDA for Direct Loans, or to a participating lender for Guaranteed Loans. Funds may also be used to install necessary water and sewer infrastructure.

USDA - Single Family Housing Direct Home Loans **USDA Section 504 Home Repair program**Section 504 Home Repair program provides loans and grants to low-income homeowners to repair, improve, or modernize their homes. **Department of Agriculture (USDA)****N/A**. Homeowners apply directly to USDA.

**50% AMI**. All households must have incomes at or below 50% AMI. For grant funds only, homeowners must be age 62 or older.

**Location**. Homes must be located in USDA-designated rural areas. **Non-competitive application**.

Eligible homeowners apply directly to USDA. Homeowners may receive a combination of loans and grants. Loans are capped at $40,000; grants are capped at $10,000.

Homeowners may receive a combination of grants and loans. USDA - Single Family Housing Repair Loans and Grants **Opportunity Zones**Opportunity Zones is an initiative to attract private investment into low-income communities. Investors receive tax benefits for investing Qualified Opportunity Funds, which are then used to support a range of commercial, retail, and residential projects within federally-designated Opportunity Zones.

**Internal Revenue Service (Treasury)****Qualified Opportunity Fund (QOFs)**. These are corporations or partnerships created to facilitate investment in Opportunity Zones. While any taxpayer can set up a QOF, many funds are managed by Community Development Financial Institutions (CDFIs), real estate developers, and private investment firms.

QOFs seek private investors and deploy funds to qualified projects within their local Opportunity Zone. **N/A**. There are no affordability restrictions for homes developed using Opportunity Zones funds.

**Location**. Funds may only be used in federally designated Opportunity Zone census tracts. **Non-competitive allocation**.

When the program was established, each state was permitted to nominate up to 25% of its qualifying "low-income" census tracts as Opportunity Zones. To qualify, census tracts were required to have a poverty rate greater than 20% or a family median income below 80% AMI.

Funds may be used for a wide range of investments, but are typically used for real estate development, including construction and rehabilitation of commercial facilities, market-rate or affordable housing, and community facilities. While states and localities do not administer funds, many jurisdictions have played a coordinating role by helping connect potential investors to local QOFs.

Internal Revenue Service - Opportunity Zones **Lead Hazard Control and Healthy Homes**The Lead-Based Paint Hazard Control Grant (LHC) and the Lead Hazard Reduction Grant (LHR), known collectively as Lead Hazard Control Grants, provide funds to remediate lead paint with the goal of reducing childhood exposure to lead. Supplemental Healthy Homes funding provides additional resources for addressing health or safety hazards other than lead.

**Department of Housing and Urban Development (HUD)****States, localities, tribes**. Eligible entities may form a consortium or partner with nonprofit organizations. **80% AMI (homeownership); 50% AMI (rental)**.

For owner-occupied housing, households must have incomes at or below 80% AMI. For rental housing, at least 50% of units must be occupied or made available to households with incomes at or below 50% AMI; the remaining units must be occupied or made available to households with incomes at or below 80% AMI. In addition, households with children under the age of 6 are prioritized.

**Funding match**. LHR requires a 25% local match; LHC requires a 10% match. **Location**.

LHR is targeted towards urban areas with a concentration of older rental housing stock. **Competitive application**. Eligible entities apply to HUD annually.

Applicants can request Healthy Homes supplemental funding as part of their application to LHC/LHR. LHR/LHC funds may also be used for outreach, education, and blood testing for children. Healthy Homes supplemental funds may be used to address non-lead hazards such as mold or fire hazards.

HUD - Lead-Based Paint Hazard Control and Lead Hazard Reduction Program