Thank you for joining us! Enterprise Community Partners Southeast Presents: 2018 Southeast Q & A Capacity Building (SecAon 4) May 16, 12 PM We will begin at 12 PM. *There will be no sound until the event begins.*
2018 Southeast Q & A Enterprise Community Partners Capacity Building (SecAon 4) Title Overview Date for prospec)ve applicants Wednesday, May 16, 2018 12:00 – 1:30 p.m. Eastern
Please Review the NaAonal LOI Webinar Recording Additional information is available in the recording of the National LOI webinar recording (from May 9) from Enterprise Community Partners https://www.enterprisecommunity.org/financing- and-development/grants#section4 § Threshold Requirements § Scoring Details § Bonus Points 3 3
Agenda • Purpose of Webinar • About Enterprise Community Partners • About the Sec8on 4 Program • Le<ers of Interest Overview • Timeline • Resources • Reminders • Ques8ons 4 4
Purpose of Webinar The content included in this webinar is only intended to summarize the contents of the Request for Le<ers of Interest (LOI). Any content within this presenta8on that appears discrepant from the language in the LOI is superseded by the language in the LOI. All Applicants are strongly encouraged to carefully read the LOI guidelines and adhere to them. 5 5
About Enterprise Community Partners To create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communi)es. Over more than 30 years, Enterprise has created nearly 470,000 homes, invested $28.9 billion and touched millions of lives. 6 6
About the Program SecAon 4 Capacity Building for Community Development Funding is made available through the U.S. Department of Housing and Urban Development’s Sec8on 4 Capacity Building for Community Development Program. The purpose of the Sec8on 4 Program is to enhance the technical and administra8ve capabili8es of: Community Development Corpora8ons (CDCs) • Community Housing Development Organiza8ons (CHDOs) • …to carry out community development and affordable housing ac8vi8es for the benefit of households of low income (80% AMI or below). 7 7
LeVers of Interest Overview Eligibility Requirements • Applicants must meet the eligibility requirements as described in Appendix A of the LOI. • HUD Requirements : CDCs and CHDOs. • Enterprise Requirements : Demonstrated Staff Capacity and/or rela)onship with Fiscal Agent or Fiscal Sponsor. • Applicants unsure of their eligibility are encouraged to view the Eligibility Requirements tutorial on Enterprise’s website or email RFP@enterprisecommunity.org for assistance. 8 8
LeVers of Interest Overview General InformaAon All informa8on is available on our website. • v Ques8ons can be sent to RFP@enterprisecommunity.org Applica8ons will be accepted from any loca8on within the U.S., and Applicants • will apply to either one of Enterprise’s 11 Markets or under the Na8onal geography. Total amount to be awarded is $7,514,846.00. • An8cipated awards range from $25,000 t0 $50,000. • If awarded a grant, the period of performance may begin July 1, 2018 and • have a general dura8on of 12 to 24 months. The period of performance will be mutually agreed upon by Enterprise and the Grantee. 9 9
LeVers of Interest Overview Geographies of Interest As part of the applica8on process, Applicants must select a Market Area based on the loca8on of proposed ac8vi8es. Applicants must select one of the following: � Na8onal � Boston � Chicago � Denver � Detroit � Gulf Coast � Mid-Atlan8c � New York � Northern California � Pacific Northwest � Southeast � Southern California A comprehensive list with geographic defini8ons for each Market Area begins on page 7 of the LOI. 10 10
Southeast Market Area Southeast Market Geographic Area Alabama Florida • Birmingham - Hoover, AL MSA • Miami-Ft Lauderdale-West Palm Beach, FL MSA Georgia North Carolina • Atlanta-Sandy Springs-Roswell, GA • Charlotte-Concord-Gastonia, NC- MSA SC MSA • Raleigh, NC MSA • Durham-Chapel Hill, NC MSA • Asheville, NC MSA South Carolina • Columbia, SC MSA Tennessee • Charleston-North Charleston, SC • Nashville-Davidson-Murfreesboro- MSA Franklin, TN MSA • Spartanburg, SC MSA • Memphis, TN-MS-AR MSA • Greenville-Anderson-Mauldin, SC MSA 11 11
LeVers of Interest Overview Geographies of Interest Important Note: If an Applicant proposes to perform a project or ac8vity(ies) outside of a defined Market Area’s geography, select Na8onal as the Market Area. For example, a CDC based in Orlando, Florida would choose “Na8onal” as an market area because they are outside of the Southeast Market Geographic area. 12 12
LeVers of Interest Overview Program Area PrioriAes Each Market Area has iden8fied Program Area priori8es they are most interested in suppor8ng (see pages 7 – 9 in the LOI). 13 13
LeVers of Interest Overview Program Area PrioriAes More in-depth informa8on about each Market Area’s specific priori8es can be found in the A<achments sec8on of the LOI. A<achments include the following: • Addi8onal criteria, • Geographic focus areas, • Market Area point of contact, and • Market Area Q & A webinar details, if applicable. v Links to register for webinars are also posted on our webpage. v Southeast Market Program Areas of Interest are in: ATachment 11 – Pg. 44 of the Na)onal LOI Release 14 14
LeVers of Interest Overview Program Area PrioriAes Applicants must carefully review the listed Program Area priori8es and select the Program Area that their proposed project most closely aligns with. When it’s 8me to make a Program Area selec8on in SlideRoom, Applicants will see the Market Priori8es and the Na8onal Market Priori8es. 15 15
Southeast Market Program Area Priorities The Southeast Market is interested in receiving applications from CDCs and CHDOs under the following Program Areas, listed in no particular order of importance : • Production and Preservation • Organizational Infrastructure/ Capacity Building / Long Term Sustainability • Health and Housing • Resilience and Planning, Disaster Recovery and Planning • In addition, the Southeast Market will accept applications that address any of the National Market Program Area priorities (see Attachment 1 in the LOI). 16 16
Southeast Program Area: Production and Preservation The Southeast Market supports Production and Preservation of Affordable Housing through one or more of the following activities: § Preservation § Acquisition and Preservation of Subsidized affordable housing § Acquisition and Preservation of Unsubsidized (Naturally Occurring Affordable Housing - NOAH) § Single Family – 20 units or more preserved § Small Multifamily – 2-49 units preserved § Large Multifamily – 50 units or more preserved § Production § Production of Multi-Family Affordable Housing § Production of Affordable Single-Family Housing § Single Family – 20 units or more produced § Additional Priorities within Production and Preservation § Properties that do not need recapitalization but do need to improve performance § Scale and Expansion of organizational footprint § Innovative and Replicable strategies § Projects in proximity to transit ( ½ mile to rail; ¼ mile to high frequency bus) § CDCs expanding preservation capacity through acquisition and preservation of affordable housing § Community Land Trust Models § Permanent Supportive Housing Production or Preservation § Enterprise’s Southeast Markets supports the work developed from the Atlanta’s Affordable Housing Capacity Accelerator program. Work to accomplish the goals outlined in the technical assistance received during this process and staff time to support these processes will be prioritized. 17 17
Southeast Program Area: Organizational Infrastructure/Capacity Building/Long- Term Sustainability Enterprise’s Southeast Market supports building the Organizational infrastructure capacity and sustainability of CDCs and CHDOs through one or more of the following activities: Building Financial & Operational Capacity § § Efforts that will strengthen the financial health and long-term sustainability of an organization, thereby increasing its impact Strategic Planning § Board Development § Financial Management – Balance Sheet, Financial Practices § Staff Training § Partnership Development § Support for Historically underrepresented and minority-led organizations § § This priority area is intended to build the long-term capacity and sustainability of the organization, rather than support real estate development capacity, which is addressed in the production and preservation priority area. 18 18 18
Southeast Program Area: Health and Housing The Southeast Market is committed to working with CDCs and CHDOs to improve health and service outcomes through housing and community-based solutions. § Collaborating for healthier communities with intentional and lasting partnerships. § Improve the stability, affordability, and quality of housing to lower health care costs, improve health outcomes, and reduce health inequities. § Innovative financing solutions and/or partnerships that bring new, permanent resources into affordable housing that helps to improve residents’ health. § Aging in Community. § Permanent supportive housing programs that alleviate chronic homelessness. 19 19 19
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