Apply for Affordable Housing Funding
DUE: Monday, November 4, 2019
The City of Longmont is now accepting project applications for Affordable Housing Funding from interested agencies, organizations, builders, and developers.
The City estimates that $1.7 million in Affordable Housing funding will be available to award to eligible projects in 2019. Affordable Housing Funds will be awarded incrementally throughout the year with approximately 1/3 awarded in each funding round (see schedule below).
The City is accepting applications for the following type of projects:
- Affordable Housing Projects. Projects include the acquisition, construction, or rehabilitation of affordable units.
The City of Longmont provides financial assistance for affordable housing and community development projects through its locally funded Affordable Housing Fund (AHF) and federally funded Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) programs to purse the city’s goal of providing 12% of residences as permanently affordable.
Funding is open to affordable housing projects located within the City of Longmont. Projects may include new construction of affordable housing, the acquisition of land for the construction of affordable rental or for-sale housing, rehabilitation of existing housing, or the conversion of market rate housing to affordable housing through property acquisition.
Applicants should review the following documents prior to completing the application:
- Funding Policies and Procedures: This document provides detailed information on the City’s application requirements, funding goals and guiding documents, eligible activities and projects for each funding source, applying for funding and award timelines, and the application evaluation criteria.
- Minimum Property and Rehab Standards: This document is for rehabilitation and new construction projects.
Applicants must complete by Monday, November 4, 2019:
- 2019 Application (Please complete the application appropriate for your project.)
- Operation Performa
- Federal Requirement Worksheet (REQUIRED for all applicants)
- Property Information Form (REQUIRED for all New Construction and Acquisition Projects)
- How to register for DUNS and SAM: All applicants are required to have a DUNS number. Recipients of federal funds (CDBG) are required to register in SAM.
2019 AHF Funding Timeline
|Quarter|| Applications Due to City
|| TRG Meeting / Applicant Presentation
|| 2nd TRG Meeting (if needed)
|| LHHSAB Meeting*
|| Council Meeting - estimated**
| 2nd Quarter
|| Monday, May 13, 2019
|| 5:30 p.m. Wednesday, May 22, 2019
|| 5:30 p.m. Wednesday, May 29, 2019
|| 7 p.m. Thursday, June 13, 2019
|| 7 p.m. Tuesday, July 23, 2019
| 3rd Quarter
|| Monday, August 5, 2019
|| 5:30 p.m. Wednesday, August 14, 2019
|| 5:30 p.m. Wednesday, August 21, 2019
|| 7 p.m. Thursday, Sept 12, 2019
|| 7 p.m. Tuesday, October 22, 2019
| 4th Quarter
|| Monday, Nov 4, 2019
|| 5:30 p.m. Wednesday, Nov 13, 2019
|| 5:30 p.m. Wednesday, Nov 20, 2019
|| 7 p.m. Thursday, Dec 12, 2019
|| 7 p.m. Tuesday, January 21, 2020
*TRG Funding Recommendation Presented
**LHHSAB Funding Recommendation Presented
Income Targeting and Affordability Requirements
Proposals will be evaluated on the fulfillment of community goals, ability of applicant to complete the project in a timely fashion, and completeness of the information provided in the application package.
The Affordable Housing Technical Review Group (TRG) reviews all housing applications. Applicants will make a presentation to the TRG, after which the group will make a funding recommendation, including loan/grant terms, to the Longmont Housing and Human Services Advisory Board (HHSAB). The HHSAB considers all funding applications and recommendations from the TRG and makes recommendations to City Council, which makes all funding decisions.
The City reserves the right to reject any or all proposals, to waive informalities and irregularities in proposals, and to accept any portion of a proposal if deemed in the best interest of the city.
State and/or federal requirements may apply to a project funded by the city. Non-compliance with these requirements may result in funding denial or repayment of award by funding recipients. Please check with city staff to determine your federal requirement responsibilities prior to preparing your application. Information on the regulations is available on the U.S. Department of Housing and Urban Development (HUD) website at www.hud.gov.
- Fair Housing – May apply if a project serves owners or tenants
- Civil Rights Act of 1968 (Title VIII)
- HUD Office of Fair Housing
- Fair Housing Act (Section 800)
- Fair Market Rents – May apply to rental projects
- HUD Data Sets for Fair Market Rents (www.huduser.org search for "fair market rent")
- Historic Preservation – May apply to projects rehabilitating properties over 50 years old.
- National Historic Preservation Act (Section 106)
- Property Standards – May apply to new construction or rehabilitation
- Housing Quality Standards (24 CFR Part 92.209(i))
- Site Reviews – Applies to all rental housing projects
- On Site Inspections: (24 CFS Part 92.504)
- Environmental Review
- An Environmental Review must be completed by the City prior to the initiation of any project/program. No organization will be reimbursed for project/program costs done prior to the notification of environmental clearance from the City.