The Rural Development (RD) Multi-Family Housing Revitalization Demonstration Program (MPR)

To preserve and revitalize existing rural rental housing and farm labor housing projects financed by RHS under Section 515 and Sections 514/516 of the Housing Act of 1949 and to ensure that sufficient resources are available in order to continue to provide safe and affordable housing for very low- and
low-income residents.

Agency - Department of Agriculture

Established in 1862, the Department of Agriculture serves all Americans through anti-hunger efforts, stewardship of nearly 200 million acres of national forest and rangelands, and through product safety and conservation efforts. The USDA opens markets for American farmers and ranchers and provides food for needy people around the world.

Office - See Regional Agency Offices.

Refer to the NOSA which lists contacts at Headquarters and consult your local telephone directory for Rural Development District or State Office numbers or visit the website http://www.rd.usda.gov/contact-us/state-offices.
Website Address

http://www.rd.usda.gov




Selected Recipients for this Program


RecipientAmount Start DateEnd Date
Redacted Due To Pii $ 6,494   2019-09-302020-11-30
Redacted Due To Pii $ 5,313   2019-11-302020-11-30
Redacted Due To Pii $ 0   2019-11-302020-11-30
Redacted Due To Pii $ 6,494   2019-11-302020-11-30
Redacted Due To Pii $ 1,874   2019-09-302020-11-30
Redacted Due To Pii $ 2,844   2019-11-302020-11-30
Redacted Due To Pii $ 226   2019-11-302020-11-30
Redacted Due To Pii $ 753   2019-09-302020-11-30
Redacted Due To Pii $ 1,250   2019-09-302020-11-30
Redacted Due To Pii $ 0   2019-11-302020-11-30



Program Accomplishments

Not Applicable.

Uses and Use Restrictions

Funds will be used to meet the physical needs of rental and farm labor housing properties financed under Section 515 and Sections 514/516 of the Housing Act of 1949.

Related soft costs are also eligible.

Owners or buyers are required to agree to a Restrictive Use Covenant for 20 years or the remaining term of any loans or the remaining term of any existing restrictive-use provisions whichever ends later.

This ensures the property will be used for low-income housing as defined by the Housing Act of 1949.

Eligibility Requirements

Applicant Eligibility

Owners or buyers of financially viable Section 515 financed rental or Section 514/516 labor housing properties.

Beneficiary Eligibility

Low-income rural residents needing safe, decent, and sanitary rental housing are eligible.

Credentials/Documentation

Applicants must provide a Capital Needs Assessment (CNA) to identify the physical needs of the property as well as the estimated cost to make the needed repairs over a 20-year period. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.

Aplication and Award Process

Preapplication Coordination

Multi-Family Housing Revitalization Demonstration Program (MPR) Pre-application is available electronically at http://www.rd.usda.gov/programs-services/housing-preservation-revitalization-demonstration-loans-grants or through contacting the RD State Office in the state where the project is located.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The MPR program is awarded through a Notice of Solicitation of Applications (NOSA) announced in the Federal Register.

Award Procedures

Pre-applications will be scored on the following factors: (1) Contribution of funds from other sources; (2) Owner contribution sufficient to pay transaction costs; (3) Age of Project; (4) Transfer and revitalization of troubled projects; (5) Prior Agency approved CNAs; (6) Energy Conservation, Energy Generation, and Green Property Management; (7) New tenant services to be provided by a non-profit organization at no cost to the project and that are available to all tenants; (8) Consolidation of project Operations; (9) Proposed Sale to Non-profit/Public Housing Authority for properties sold to non-profit organizations under the prepayment process, as explained in 7 CFR Part 3560, subpart N.

Deadlines

Contact the headquarters or regional office, as appropriate, for application deadlines.

Authorization

Housing Act of 1949, as amended, Sections 514/516 and 515, and The Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2008 (Public Law 110-161).

Range of Approval/Disapproval Time

Within 45 days from Pre-application submission, pre-applications will be scored and ranked, eligibility will be confirmed, and applicants will be notified of selection for participation and requested to submit full applications.

Appeals

Applicant may request reconsideration on the basis of pertinent facts concerning the application.

Renewals

Non selected applicants may reapply under the future Notice of Solicitation of Applications (NOSA).

Assistance Considerations

Formula and Matching Requirements

Statutory formulas are not applicable to this program. Matching requirements are not applicable to this program. MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance

Debt deferral is the lesser of the remaining term of the existing loan or 20 years. A balloon payment of accrued principal and interest will be due at the end of the deferral period. A revitalization grant for non-profit applicants/borrowers only is limited to the cost of correcting health and safety violations as identified by a CNA. A revitalization zero percent loan will be amortized over 30 years. A soft-second loan with a one percent interest rate will have its interest and principal deferred, to a balloon payment, due at the time the latest maturing Section 514 or 515 loan becomes due. An additional 30-year Section 515 loan at an effective one percent interest rate amortized over a period not to exceed 50 years. An additional 33-year Section 514 loan at an effective one percent interest rate amortized over a period not to exceed 33 years. An additional Section 516 grant not to exceed the lesser of 90 percent of the total development cost, or that portion of the total development cost which exceeds the sum of any amount provided by the applicant from their own resources plus the amount of any Section 514 loans approved for the applicant. See the following for information on how assistance is awarded/released: Typically, participants compete for funding via the NOSA; a selection process ensues based upon set criteria; applications are ranked and scored nationally. Selections are made based on the project type, ranking and scoring. States are given limits on how many applications are selected with a contingency for fall out.

Post Assistance Requirements

Reports

Tracking and monitoring reports are required for Rural Rental and Farm Labor Housing.

Since this is a Demonstration Program, procedures for tracking and monitoring expenditures are under development.

Cash reports are not applicable.

Progress reports are not applicable.

Expenditure reports are not applicable.

Performance monitoring is not applicable.

Audits

In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. Quarterly or annual financial statements completed using agreed-upon procedures and performance standards described in the RHS Multi-Family Housing Audit Program.

Records

Business records must be retained.

Financial Information

Account Identification

12-2081-0-1-371.

Obigations

(Project Grants) FY 16 $67,000,000; FY 17 est $37,000,000; and FY 18 est $0

Range and Average of Financial Assistance

The underwriting guidelines include, but are not limited to, the following: The maximum soft-second loan will be limited to no more than $5,000 per unit; revitalization grants limited to $5,000 per unit; total assistance provided from a revitalization grant, revitalization zero percent loan, and/or a soft-second loan is limited to $10,000 per unit; and the maximum Section 515 loan or Section 514/516 loan and grant is limited to no more than $20,000 per unit.

Regulations, Guidelines, and Literature

Not Applicable.

Information Contacts

Regional or Local Office

See Regional Agency Offices. Refer to the NOSA which lists contacts at Headquarters and consult your local telephone directory for Rural Development District or State Office numbers or visit the website http://www.rd.usda.gov/contact-us/state-offices.

Headquarters Office

USDA, Rural Development, Preservation and Direct Loan Division, 1400 Independence Avenue, S.W., Mail Stop 0782, Washington, District of Columbia 20250-0781 Phone: (202) 720-1604.

Criteria for Selecting Proposals

Proposals will be selected based on eligibility and ranking and scoring criteria listed in the NOSA.



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