LATEST NSP NEWS
HUD Issues Guidance on Verifying Expenditures in the Next Quarterly Performance Report (QPR)
HUD has issued guidance on compliance with the expenditure requirements of the NSP1, NSP2, and NSP3 programs. Currently, HUD is using grantee drawdown data from DRGR to gauge how quickly grantees are progressing in their programs. Because in most cases funds may not be drawn more than three days in advance of need, this makes a grantee’s drawdown amount a reasonable proxy for the expended amount. But drawdowns do not equal expenditures. Several grantees have drawn down over 60 percent of their grant amounts but have reported zero expenditures, and this must be corrected as soon as possible. HUD is requesting each grantee to verify expenditures voluntarily by opening its Quarterly Performance Report (QPR) in DRGR and reporting on actual expenditures by August 31, 2012. View the guidance
here.
HUD Issues Guidance on NSP Operating Deficit Reserves, Overhead Expenses, and Combined Loan to Value Ratios
HUD has issued guidance on the following topics:
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Using NSP funds to establish reserves for operating deficits for rental housing developments by requesting an Exception from the HUD Field Office;
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Allowing subrecipients, consortium members and public non-profits to charge a “reasonable fee” of 3% to cover overhead expenses; and
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Permitting Combined Loan to Value (CLTV) ratios over 100% in combination with a conventional first mortgage.
View the guidance
here.
eCon Planning Suite Webinar: Citizen Participation and Stakeholder Consultation
On Wednesday, August 1st at 4 pm ET CPD will host a webinar on how to use the tools in the eCon Planning Suite to engage meaningful citizen participation and consultation with stakeholders through the Consolidated Planning Process.
Register now.
Information and materials from previously held eCon Planning Suite Webinars are available on the
Consolidated Planning Training page on the
OneCPD Resource Exchange.
Submit Your Photos, Videos, and Success Stories to the NSP Resource Exchange
Grantees can submit photos, videos, or news articles about your NSP projects to the NSP Resource Exchange. To submit these multimedia pieces:
(1)
Search for your grantee detail page
(2) Once on the grantee page, scroll down to Project Highlights.
(3) Follow the instructions to submit a success story, photo, video or link.
All approved multimedia will be posted to the grantee’s detail page, and also to the
Multimedia Page, the
NSP Flickr Gallery, or the
NSP YouTube Channel.
In addition, your photos, videos, or articles may be featured in the NSP Weekly Bulletin, the news banner on the home page, or the Flickr Feed. HUD encourages submissions; the NSP Team frequently uses the photos for inquiries from the Secretary and elected officials, as well as to stay in touch with program accomplishments.
Reminder: Register Now for DRGR Computer-Based Workshops
Registration for all upcoming DRGR Workshops is open. These workshops will provide NSP grantees with the opportunity to improve their understanding of DRGR concepts by walking them through the five DRGR modules and highlighting key actions such as reporting accomplishments, drawing funds and using MicroStrategy to generate reports. The workshops will also include training on the new system features in Release 7.3, most notably related to the changes in how Program Income is managed. For dates and registration information, please review the
detailed project description or visit the
Learning Center.
NSP1, NSP2, and NSP3 Commitment and Drawdown Data Report
Cumulative commitments and drawdowns for NSP1, NSP2, and NSP3 grantees as of July 30, 2012 are available on the NSP Resource Exchange. This data is updated weekly. View the data
here.
NEW NSP RESOURCES
NSP Green Marketing Checklist for Prospective Buyers and Renters
This checklist is intended for NSP grantees and partners that have built and rehabilitated green, energy efficient and/or healthy homes and are ready to market those homes. This checklist is designed to be a concise, easy to use document, which allows prospective buyers and renters to understand and compare technologies and products featured in NSP homes that conserve energy and water, promote clean indoor air, and save money. View the resource
here.
Open Forum Q&A with HUD Staff Webinar Recording - July 17, 2012
This webinar is one in a series of webinars and open forum question and answer sessions that give NSP grantees and all NSP affiliates the opportunity to ask the questions they have about affordable rents, income eligibility, eligible uses, other federal requirements, and other issues that have arisen. View the resource at the
NSP Learning Center.
Developers and Subrecipients: The Differences, Procurement and Other Rules Surrounding Each Webinar Recording – July 24, 2012
This webinar is intended for all NSP grantees and their partners interested in the distinction between developers and subrecipients as well as the application of various HUD and OMB rules. The presenter discusses how subrecipients and developers may be selected and what procurement rules each must follow. The webinar also covers eligible forms of compensation for developers and subrecipients. At the conclusion of the presentation, the presenter reviews several situations with webinar attendees to determine whether an entity is a subrecipient or a developer and why. View the resource at the
NSP Learning Center.
UPCOMING NSP EVENTS
DRGR Computer-Based Workshop - Atlanta, GA
August 7-8, 2012
HD422 Computer Spread Sheet Analysis for Housing - Detroit, MI
August 13-15, 2012
Open Forum Q&A Session with HUD Staff
August 14, 2012 2-4 p.m. EDT Online
DRGR Computer-Based Workshop - Orlando, FL
August 14-15, 2012
Basically CDBG for California Grantees - Fresno, CA
August 14-16, 2012
DRGR Computer-Based Workshop - Los Angeles, CA
August 21-22, 2012
DRGR Computer-Based Workshop - Denver, CO
August 23-24, 2012
View the NSP Resource Exchange events calendar for more webinars and events happening in a community near you.
FEATURED NSP MEDIA
Northern Mariana Islands NSP Home Before and After
Photos Courtesy of: Northern Mariana Islands
THE NSP WIRE
Wyandotte: Houses built, rehabbed with government funds offered in lottery; open houses scheduled
July 19, 2012 – The News-Herald
WYANDOTTE, MI – Wyandotte, MI (Michigan State NSP) has renovated 44 homes with NSP funds and is moving to the next step, putting the homes on the market!
Independence OKs developing abandoned houses
July 18, 2012 – Examiner.net
INDEPENDENCE, MO – Independence, MO City Council (Missouri State NSP) understands what happens when properties are abandoned for lengths of time and sees hope in using NSP funds for redevelopment.
FEEDBACK ON THE NSP RESOURCE EXCHANGE
Submit feedback on the NSP Resource Exchange website using the Feedback form.
