Kansas City Multifamily Hub News
By: Charles Miller
The Leadership in Energy and Environmental Design (LEED) is an environmentally conscious building certification system developed by the U.S. Green Building Council (USGBC). LEED provides a set of third-party standards for identifying and measuring the sustainability of planned or existing buildings and communities and the environmental impact of their design, construction and operation.
LEED was created to promote sustainable building practices and provide a baseline for measuring the components of green development. Through its creation, LEED has raised consumer consciousness on the benefits of green development to both self and com-munity. The system has also promoted integrated, whole-building design practices and expanded competition amongst green developers.
The LEED system gives consideration to six main categories detailing the green aspects of a development:
When taken together, the above components encompass a synergistic whole, providing healthy, comfortable and productive spaces that are environmentally friendly.
For more information on LEED, please visit: www.usgbc.org
We have just received word that Brenda Waters was selected as the new Kansas City Multifamily Hub Director and Bruce Ladd was selected as the Operations Officer.
Brenda's career with the Department spans over thirty years, in which they all have been dedicated to Multifamily Housing. During her career with Multifamily she has served in a variety of positions, including Project Manager, Senior Project Manager, Supervisory Project Manager, Public Trust Officer and Operations Officer.
Brenda is responsible for the management, administrative, and technical direction of HUD's multifamily housing programs in the states of Kansas, Missouri, Iowa, Nebraska, and Oklahoma. She oversees over 2000 properties and 90 employees.
Bruce's career with the Department spans more than 20 years. Most recently he has served as the Supervisory Project Manager for Asset Management in the Kansas City office. Bruce will be responsible for the day to day operations for the Hub. Bruce is a welcomed addition to the senior management team at the Kansas City Multifamily Hub.
Congratulations Brenda and Bruce!
Multifamily Accelerated Processing (MAP) is being updated.
The Guide is being updated to include all Mortgagee Letters, Housing Notices and administrative guidance that have been issued since it was first published. Publication is expected this coming January. The updated MAP Guide will include new material on:
Affordable Housing Underwriting
Mortgage Credit Analysis
HUB and National Loan Committee
Standardized Underwriter's Narrative
Partial Electronic Submission
Two Stage Processing
Multifamily Credit Watch
After comments are received, a final rule will be issued by the end of the year.
An initial endorsement was held for Park Pacific Apartments, a 230 unit mixed residential and commercial Section 220 project located in downtown St. Louis. The 24 story building was constructed in 1928 and was originally used for the Park Pacific Railroad Headquarters.
The financing of the project will consist of a HUD insured first mortgage of $63,131,600; with additional funds from New Market Tax Credits ($8,640,000); Brown-field Tax Credits ($5,732,047) and Federal and State Historic Tax Credits ($15,675,120).
A Master Lease form of ownership will be utilized to maximize the benefits of the various tax credit equity sources. The housing is targeted to moderate income house-holds. This is the largest insured mortgage ever endorsed by the Kansas City Hub.
What's New in Asset Management?
Effective May 1, 2010, a new version of the Affirmative Fair Housing Marketing Plan (AFHMP) was implemented. When an owner/agent is required to submit a new AFHMP (once every 5years), the new version of the AFHMP (form HUD-935.2A) must be submitted. The latest version of form HUD-935.2A is posted on HUDCLIPS.
Please be advised that the previous edition of form HUD-935 will no longer be accepted.
On September 1, 2010, Washington, D.C. sent a memorandum regarding inspection requirements and reporting practices during the presence of bed bugs. Effective September 13, 2010, all inspectors will be required to report the presence of bedbugs at any property being inspected. In the past decade, bedbugs have begun to re-emerge and are increasingly becoming more widespread, irrespective of housing type or style.
Pests such as bedbugs, cock-roaches and rodents as well as the chemicals used to control them, can affect allergies and asthma along with more serious health risks. Bedbugs are generally flat and thin when unfed, but become more elongate, plum and red when they are full of blood. They hide in cracks and crevices during the day and leave their harborage areas at night to feed on their hosts. Over time, the harborage areas become filled with molted skin, feces and old egg shells of the resident bedbugs. Bedbugs can be difficult to control and often require repetitious treatments.
For more information visit HUD's website.
Rosedale Ridge Apartments, Kansas City, KS:
New computers at Rosedale Ridge Apartments have allowed the property to offer onsite computer service to residents in need of internet access in order to complete job searches, fill out online applications and learn how to use the internet. The service coordinator assists residents with filling out online job applications, preparing for interviews and trains volunteers from the community to assist with the computer lab time.
The Phoenix Family Housing's goal is to continue to provide re-sources which connect our residents to the things they need in order to live successful, empowered lives.
By Shanna McClarney
Most of you are probably familiar with the Real Estate Assessment Center (REAC). Periodically a REAC inspector will visit your HUD insured or subsidized property to ensure it is in good physical condition. If the inspector rates your property under 60, you've got a lot of work ahead of you. So here is your first round of tips to help you keep your property in tip top shape. If you're not familiar with the inspection timeline, here is what you can expect when REAC knocks at your door: For new properties, your first inspection will be 2 years from first occupancy. For properties whose last inspection score was a 90 or higher, it will be 3 years before your next inspection; scores of 80-89, 2 years and annual inspections if you receive a score of 79 or below.
There are certain deficiencies that are most frequently cited by REAC in a physical inspection, in this installment we' will present you with the first 10 (in no particular order): Missing HVAC covers, access to the electrical panel, open fuse ports, dam-aged seals on doors, damaged hard-ware on doors, clogged storm water sewers, switch plate covers, call-for-aids, damaged windows, and damaged walls.
Be sure to check out your next HUB newsletter for your second installment of tips.
By: Tangela Weiss
Owners and Management Agents (O/As) for HUD projects administering rental assistance through certain Multifamily Housing Programs (see HUD Notice H 10-10 for full list) are now required to use the Enterprise Income Verification (EIV) system when verifying the employment and income of participants during the recertification process (use of EIV is not required for applicant screening or initial certifications). The mandate became effective as of January 31, 2010.
On July 1, 2010, the Office of Housing issued Notice: H 10-10 (The Notice), providing up-dated instructions to Multifamily owners and agents on the use of EIV data as part of the Upfront Income Verification (UIV) process which was implemented by the Refinement of Income and Rent Determination, Final Rule published in the Federal Register, January 27, 2009. Mandatory use of EIV will assist HUD's Rental Housing Integrity Improvement Project's initiative to reduce the number of tenant income errors, therefore reducing the number of improper payments in the covered rental assistance programs.
Penalties for Non-Compliance
Having Problems Obtaining Access to EIV?
Coordinators need an active Web Access Security Subsystem (WASS) ID assigned by HUD and must have written authorization from the owner to access the sys-tem. A Coordinator Access Authorization Form will need to be submitted to HUD's Multifamily Helpdesk via fax at (202) 401-7984 or email at MF_eiv@hud.gov.
After receiving approval from HUD via email from the help desk, property assignments must be completed in EIV as well as the online certification process.
Users must obtain a WASS ID to apply for access rights and complete the User Access Authorization Form (hardcopy) and submit to their assigned EIV Coordinator for approval. Instructions for the application process as well as required forms are available online.
What to do after gaining EIV Access?
Sign Rules of Behavior:
Take Security Training:
Training/Reference Materials for EIV:
EIV Instructional Course (Type EIV in search criteria): http://portal.hud.gov/portal/page/portal/HUD/press/multimedia/videos
To date, nearly 5,000 properties across the country already have access to EIV and are utilizing the system.
Kansas City Multifamily Hub
Phone: (913) 551-6812
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|Content Archived: February 19, 2015|