Oct 1, 2007 thru Dec 31, 2007 Performance Report

Grant Number:
B-06-DG-22-0002

Grantee Name:
State of Louisiana

Grant Amount:
$4,200,000,000.00

Grant Status:
Active

Submitted By:

Obligation Date:
06/12/2007

Award Date:
06/07/2007

Contract End Date:


Reviewed By HUD:
Reviewed and Approved

 

Disasters:

Declaration Number

FEMA-DR-1603-LA

FEMA-DR-1607-LA

 

Plan Description:

Hurricane’s Katrina and Rita legacy to coastal Louisiana was an unprecedented wake of death, destruction and devastation. Taken together, 1,464 people lost their lives, more than 200,000 homes and 18,000 businesses were destroyed and billions of dollars in property was impacted. Hurricane Katrina approached New Orleans and the Louisiana-Mississippi state border on August 29, 2005 at a Category 5 level, and the fifth-strongest ever recorded hurricane. Before reaching land it was downgraded to a Category 3, but caused massive destruction and severe damage up to 76 miles east of the storm’s center. Orleans, Plaquemines, and St. Bernard Parishes suffered widespread flooding as a result of storm surge overtopping or breaching area levees. Along the north shore of Lake Pontchartrain, up to six feet of water inundated the cities of Mandeville and Slidell. The City of New Orleans was under a mandatory evacuation for more than a month. Less than a month later on September 24, Hurricane Rita, the second strongest ever to enter the Gulf of Mexico came ashore, also as a Category 3, and flooded the coastal areas of southwestern Louisiana in the area around Lake Charles, impacting nearly a half million households. Hurricane Katrina will most likely be categorized as the third deadliest and the costliest storm in U. S. history. While hurricane Rita exacted a lower death toll, taken together, these storms wrought catastrophic destruction on the Louisiana coastal areas, exacting an enormous toll on the material, financial and emotional resources of hundred’s of thousands of Louisianans. While the impact was wide-spread and indiscriminate of income and social status, the impact of the hurricanes on the poor was particularly devastating, especially in Orleans Parish where the U.S. Census in 2000 reports only a 46.5% homeownership rate (compared to 67.9% in the State), a median household income of $27,133 (compared to $32,566 in the State), and a poverty rate of 27.9% (compared to a state rate of 19.6%). In contrast, while Calcasieu, Cameron, Plaquemines and St. Bernard Parishes sustained major damage, they had higher homeownership rates (ranging between 71% and 85%), higher median incomes (ranging between $34,000 and $38,000) and lower poverty rates (12% to 18%). The concentration and number or persons in extreme poverty neighborhoods exacerbated the negative impact on the poor principally in New Orleans. According to the Brookings Institution (October 2005), one out of every four neighborhoods in the city of New Orleans was classified as an “extreme-poverty” neighborhood, with at least 40% of its residents living below the federal poverty threshold. These 47 neighborhoods were home to nearly 100,000 residents and had an average household income which lagged the City’s by over $17,000. The Congressional Research Service (CRS) calculates that the poverty rate in the flooded and damaged areas in the State of Louisiana was 21.4%, confirming the widespread sentiment that high poverty neighborhoods were disproportionately flooded (CRS, November 4, 2005). The social impacts were also greater for those most vulnerable before the storms. These individuals were less connected to the workforce, had educational disadvantages, were elderly or disabled, or were children. Nearly 90,000 persons aged 65 and older were likely displaced by the storms, many of whom lived alone and had at least one disability. Displaced aged persons also were poor (an estimated 15%) and one quarter lacked vehicles. The child poverty rate in the areas affected by the hurricanes was over 30% (CRS, November 4, 2005). The fragility of the most affected populations places a greater burden on the federal, state and local resources available for recovery efforts. The poor standing of the impacted population before the hurricanes severely stretches Louisiana’s state and local resources, making the need for federal assistance even more critical.

 

Recovery Needs:

Coastal Louisiana struggles two years after the hurricanes. The population Orleans Parish which was 455,000 in June 2005 had fallen to an estimated 223,388 in March 2007. Plaquemines Parish has lost an estimated 16% of its population while St. Bernard went 65,000 people to 15,514, a 77% loss. [All figures used here are U. S. Census estimates.] By comparison, St. Tammany parish north of Lake Pontchartrain and out of the direct path of the storms, gained 25,000 people. East Baton Rouge Parish had an influx of nearly 36,000 people. Louisiana citizens were displaced all over the state and country with over 90,000 in Texas and significant numbers in Mississippi, Georgia and Florida. In total, approximately 210,000 FEMA applicants from Louisiana were at out-of-state mailing addresses. Job losses peaked at round 220,000 in October 2005. Currently there are 77,000 fewer people employed on the New Orleans MSA when compared to June 2005, despite increased demand for construction labor. In respect to businesses damaged by the hurricanes, 62,000 of 81,000 have reopened since the hurricanes hit, a reduction of over 25%. The gross state product declined nearly $7.4 billion dollars in the one year period of June 2005 to 2006. Only 18% of the public schools and 21% of the child care centers in New Orleans have reopened, and three of ten New Orleans pre-storm hospitals have reopened. Sixty three (63) water systems statewide were storm damaged to the point that they have been deactivated or closed altogether. In New Orleans only 60% of the electric and 41% of the gas pre-storm customers were using these services. Bus rider ship was at 49% of the pre-storm level and 59% of the daily air line seats in and out of the Louis Armstrong Airport were being filled. The famed New Orleans streets cars, known worldwide, were not operational. Over 165,000 submitted applications for homeowner assistance to the Road Home program and nearly 40,000 have received funding by the end of July 2007. Affordable housing in New Orleans is virtually non-existent with over 35 % of the City’s rental units either destroyed or severely damaged by Katrina. Four of the City’s largest public housing complex’s are scheduled to be demolished, rather than being rebuilt or replaced, furthering hampering New Orleans residents ability to return. Debris left in the wake of the storm amounts to staggering quantities: 22 million tons [or enough to fill the Superdome more than 13 times]; 350,000 flooded or abandoned vehicles; 60,000 damaged vessels; nearly 1.5 million units of white goods [refrigerators/freezers, washers/dryers, stoves, AC units, etc.] Estimates are available for the City of New Orleans regarding the impact of Hurricane Katrina on housing occupied by low to moderate income residents which are defined as those below 80% of the average median income (AMI). Those estimates produced by the Greater New Orleans Community Development Center show that 65% of the owner occupied units that are damaged or destroyed belonged to low to moderate income families. Low to moderate income families rented 89% of the rental units that were damaged or destroyed. An estimated total of 119,770 owner occupied and rental units serving the low to moderate income population, or 88.7%, were damaged or destroyed. Not only did the hurricanes greatly affect the availability of housing, it also affected the capacity of the non-profit infrastructure as well as the private home building industry to address the needs arising from this crisis. Prior to the storms of 2005, the non-profit sector accounted for 5.6% of the State’s total workforce, a substantial force on the State’s economy. A large percent of those jobs fell within the State’s metropolitan statistical areas, and 55% of all non-profit jobs are in the health care industry. The fact that 70% of these jobs were located in the parishes most devastated by the hurricanes call into question the state’s capacity to offer critical services related not only to housing, but also to the areas of health care, social services, education and nearly more.

 

Overall

This Report Period

To Date

Total Projected Budget from All Sources

N/A

4,466,250,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

4,093,750,000

Program Funds Drawdown

1,979,634,719.66

1,979,634,719.66

Obligated CDBG DR Funds

1,438,920,410.71

2,172,826,582.71

Expended CDBG DR Funds

1,627,915,563.71

1,995,861,026.41

Match Contributed

0

0

Program Income Received

0

0



Progress Toward Required Numeric Targets

Requirement

Required

To Date

Minimum Overall Benefit Percentage

50

95.87

Minimum Non-Federal Match

0

0

Limit on Public Services

630,000,000

0

Limit on Admin/Planning

840,000,000

0

Limit on State Admin

210,000,000

0

 

Overall Progress Narrative:

The Disaster Recovery Unit (DRU) of Louisiana’s Office of Community Development (OCD) continues to develop and implement recovery programs approved by HUD and supported via federal and state funding. The OCD-DRU's plans and program designs continue to respond to HUD directives, citizen input, and local officials’ concerns. Even as policies and procedures adjust to a dynamic administrative environment, solid progress is evident on several fronts. Within the three major areas of housing, infrastructure, and economic development, the OCD-DRU has 25 programs funded by this appropriation 5 of which receive funding from both the first and second federal disaster appropriations (H2HO, H2OO-LMI, H2OO-UN, H2RP, and S2AD). All Piggyback funding has been moved to the funding received under the second disaster recovery appropriation. Particularly noteworthy are the milestones achieved in the Homeowner’s Assistance program which is HAOO in Action Plan 1 and H2OO in Action Plan 2. As of December 31, 2007, 185,103 applications have been received and recorded; 208,641 appointments have been held; and 90,226 homeowners have closed. This program, also known as the Road Home program, is the OCD-DRU’s most complex activity and the single largest housing program ever undertaken in US history. An additional advancement in this program is seen in the increase in the pace with which awards are distributed. The OCD-DRU has taken strides forward in infrastructure and economic development as well. The structures for several programs are established, requests for proposals (RFPs) have been issued, proposals have been reviewed, and contracts have been signed. The State of Louisiana has built upon the progress from the previous quarter, achieved notable success in this quarter, and is poised for even more demonstrable results in the next quarter. In order to accommodate changes to the DRGR structure and report the correct total amount drawndown to date, the reported drawndown amount for this quarter includes $360,417,700.70 from previous quarters.



Activities

 

Grantee Activity ID:
H2HO

Activity Category:
Public services

Activity Status:
Planned

Responsible Organization:
OCD and Louisiana Department of Health and Hospitals and Louisiana Department of Social Services.

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2016

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

25,980,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

25,980,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of Public Facilities

0

0

0

0/0

0/0

0/0

# of Businesses

0

0

0

0/0

0/0

0/0

# of Non-business Organizations benefitting

0

0

0

0/0

0/0

0/0

# of Persons benefitting

0

0

0

0/1,072

0/0

0/1,072

# of Cases opened

0

0

0

0/0

0/0

0/0

# of Cases closed

0

0

0

0/0

0/0

0/0

 

Activity Description:

HUD approved the release of funds for the Supportive Housing Services Program; outlined in Action Plan One, Amendment 1; on May 30, 2006, to offer grants for Permanent Supportive Housing (PSH) which are designed to provide flexible, community-based supportive services for special needs households linked to affordable rental housing units in community-integrated, non-institutional settings. The Louisiana Department of Health and Hospitals (DHH) will serve as the lead agency for funding, administration, and monitoring of CDBG funds for the Grants. Grants will also be made to sub-recipient Local Lead Agencies designated by DHH and by the Louisiana Department of Social Services (DSS). The Local Lead Agencies will conduct outreach to identify individuals eligible for PSH, develop and maintain waiting lists, enter into agreements with providers of PSH units, pre-screen, prioritize and refer eligible individuals for PSH, and provide the necessary services. Additional performance measures include: # people served below 30% of FPL TBD Expenditures on affordable rental housing under 2nd appropriation TBD Expenditures in New Orleans Metro area under 2nd appropriation TBD

 

Location Description:

Disaster Affected Parishes.

 

Activity Progress Narrative:

An interagency agreement with the Department of Health and Hospitals (DHH) was executed in July. DHH will enter into sub-recipient agreements with the designated local lead agencies thereafter. Contracts between the providers of Permanent Supportive Housing (PSH) units and the local lead agencies will be entered into as the units are placed in service and have a PSH qualified tenant. CDBG training was conducted by ICF International for local lead agencies and DHH on July 13, 2007. DHH continues to meet with the local lead agencies on program compliance issues and negotiation of the cooperative endeavor agreements. The PSH set aside agreement was finalized for use when PSH units come on line.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2OO-LMI

Activity Category:
Payment for compensation and incentives (Louisiana only)

Activity Status:
Under Way

Responsible Organization:
OCD and ICF Emergency Management, LLC as the contract administrator.

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2016

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

1,830,323,962.5

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

1,625,448,962.5

Program Funds Drawdown

1,081,848,085.28

1,081,848,085.28

Obligated CDBG DR Funds

542,712,845.87

1,081,848,085.3

Expended CDBG DR Funds

774,591,531.21

1,081,848,085.3

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/23,895

# of Households benefitting

0

15,742

15,742

0/0

33,466/23,895

33,466/23,895

# of Persons benefitting

0

15,742

15,742

0/0

33,466/0

33,466/0

# of Parcels acquired voluntarily

0

0

0

0/0

0/0

0/0

Total acquisition compensation to owners

0

0

0

0/0

0/0

0/0

 

Activity Description:

The Road Home Homeowner Assistance program provides financial compensation and advisory services will be available for homeowners who wish to select from one of the three following options: 1. Repair/Rebuild – financial incentives to repair or reconstruct on the same site; 2. Sell and Relocate within the state – purchase of the home by the program in exchange for an agreement to resettle in Louisiana; or 3. Sell and Relocate out of the state – voluntary sale of the home with no expectation of resettlement in the state. The allocation for this program represents uses an estimated 51% benefit to low and moderate income citizens. This estimate is based on first and second quarter data which differs from the Road Home registry data. The registry data showed 76.2% of the 107,713 registrants earned at or below $50,000. Since the registry did not collect data on household size, it is impossible to estimate the number of low income households. This allocation amount and estimated performance will be continually modified as data on the actual applicants is collected.

 

Location Description:

The program will serve homeowners in at least 17 permanent and mobile homeowner assistance centers in disaster affected parishes and other areas in and out of state where concentrations of displaced citizens are located.

 

Activity Progress Narrative:

On June 25, the Louisiana Recovery Authority (LRA) board passed a resolution increasing the amount of total Road Home budget by moving $3 million from the infrastructure programs. On November 9, 2007, HUD approved Action Plan One, Amendment 15, which added $166,740,868 to the Road Home Program. During the fourth quarter of 2007, 26,714 appointments were held, representing approximately 12.8% of the total appointments held (208,641). 1,003 of the applications received and recorded during the previous months went to an ineligible status, resulting in the new total for the applications received and recorded being 185,106. 25,809 closings and 2nd disbursements were held, resulting in a net distribution of $1,406,195,701.54 after the returns were subtracted. This is approximately 25.3% of the total closing held (90,266) with each resulting in a disbursement amount greater than $0. The total amount disbursed by the Office of Community Development Disaster Recovery Unit (OCD-DRU) for closings occurring as of 12/31/2007 is $5,562,197,441.39 In order to accommodate changes to the DRGR structure and report the correct total amount drawndown to date, the reported drawndown amount for this quarter includes $197,585,804.87 from previous quarters. The obligated amount reported for this quarter includes an adjustment for prior quarters. The adjusted amount for 2007 Q3 is $197,585,804.88 and $884,262,280.42 for Q4. The expended amount reported for this quarter includes an adjustment for prior quarters. The adjusted amount for 2007 Q3 is $197,585,804.88 and $884,262,280.42 for Q4.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

 

Subtotal Match Sources

0

 

Other Funding Sources

Amount

State Funds

204,875,000

 

 

Total Other Funding Sources

204,875,000

 

 

Grantee Activity ID:
H2OO-UN

Activity Category:
Payment for compensation and incentives (Louisiana only)

Activity Status:
Under Way

Responsible Organization:
OCD and ICF Emergency Management, LLC as the contract administrator.

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2016

National Objective:
Urgent Need

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

1,497,537,787.5

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

1,329,912,787.5

Program Funds Drawdown

885,148,433.41

885,148,433.41

Obligated CDBG DR Funds

793,922,267.84

885,148,433.41

Expended CDBG DR Funds

833,158,069.53

885,148,433.4

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/19,647

# of Households benefitting

0

0

0

0/0

0/0

2,885/19,647

 

Activity Description:

The Road Home Homeowner Assistance program provides financial compensation and advisory services will be available for homeowners who wish to select from one of the three following options: 1. Repair/Rebuild – financial incentives to repair or reconstruct on the same site; 2. Sell and Relocate within the state – purchase of the home by the program in exchange for an agreement to resettle in Louisiana; or 3. Sell and Relocate out of the state – voluntary sale of the home with no expectation of resettlement in the state. The allocation for this program represents uses an estimated 55% benefit to low and moderate income citizens and 45% to benefit those who do not meet the LMI category. This estimate is based on first and second quarter data which differs from the Road Home registry data. The registry data showed 76.2% of the 107,713 registrants earned at or below $50,000. Since the registry did not collect data on household size, it is impossible to estimate the number of low income households. This allocation amount and estimated performance will be continually modified as data on the actual applicants is collected.

 

Location Description:

The program will serve homeowners in at least 17 permanent and mobile homeowner assistance centers in disaster affected parishes and other areas in and out of state where concentrations of displaced citizens are located.

 

Activity Progress Narrative:

On June 25, the Louisiana Recovery Authority (LRA) board passed a resolution increasing the amount of total Road Home budget by moving $3 million from the infrastructure programs. On November 9, 2007, HUD approved Action Plan One, Amendment 15, which added $166,740,868 to the Road Home Program. During the fourth quarter of 2007, 26,714 appointments were held, representing approximately 12.8% of the total appointments held (208,641). 1,003 of the applications received and recorded during the previous months went to an ineligible status, resulting in the new total for the applications received and recorded being 185,106. 25,809 closings and 2nd disbursements were held, resulting in a net distribution of $1,406,195,701.54 after the returns were subtracted. This is approximately 25.3% of the total closing held (90,266) with each resulting in a disbursement amount greater than $0. The total amount disbursed by the Office of Community Development Disaster Recovery Unit (OCD-DRU) for closings occurring as of 12/31/2007 is $5,562,197,441.39 In order to accommodate changes to the DRGR structure and report the correct total amount drawndown to date, the reported drawndown amount for this quarter includes $161,661,113.08 from previous quarters. The obligated amount reported contains an adjustment for amounts reported in the prior quarter. The total amount obligated for 2007 Q3 was $161,661,113.08 and $723,487,320.32 for Q4. The expended amount reported contains an adjustment for amounts reported in the prior quarter. The total amount expended for 2007 Q3 was $161,661,113.08 and $723,487,320.32 for Q4.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

 

Subtotal Match Sources

0

 

Other Funding Sources

Amount

State Funds

167,625,000

 

 

Total Other Funding Sources

167,625,000

 

 

Grantee Activity ID:
H2RP

Activity Category:
Rehabilitation/reconstruction of residential structures

Activity Status:
Under Way

Responsible Organization:
OCD in conjunction with ICF International.

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2016

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

490,162,250

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

490,162,250

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of Properties

0

0

0

0/0

0/0

0/0

# of housing units

0

0

0

0/0

0/0

0/0

# of Households benefitting

0

0

0

0/0

0/0

0/0

 

Activity Description:

Before the disaster, a large portion of very low income working families resided in single-family homes, “doubles” and small, multi-family buildings that were owned and operated by small-scale landlords. A sizeable number of these properties were underinsured or uninsured and no longer available for occupancy. The State proposes to provide up to $492,700,000 in financial assistance to small rental property owners through Action Plan 2 so that they may effectively return an estimated 10,206 affordable and ready to be occupied units to the rental housing market. A portion of the funds ($40 million) is set aside as a pilot program to assist in the creation of homeownership opportunities for renters and will be administered by the Louisiana Housing Finance Agency. The primary purposes of this incentive program is to enable small-scale rental properties to return to the market while limiting the amount of debt (and therefore debt service) required for the properties, so that the owners will be able to charge affordable rents. The program will, on a competitive basis, offer incentives in the form of forgivable loans to qualified owners who agree to offer apartments at affordable rents to be occupied by lower income households. Subsidies will be provided on a sliding scale, with the minimum subsidy provided for units made available at affordable market rents to be occupied (rents affordable to household with incomes at or below 80% of median) and maximum amount of subsidy going to units affordable to families with incomes at or below 50% of AMI. In addition to funding incentives for providing affordable units in small rental properties, the program will, where practical, make funds available to improve building design and make properties less susceptible to damage from natural events. In general, higher per unit amounts will be available to property owners who agree to offer lower rents to reflect the lower amount of rental income these properties will receive. The assistance will be offered as deferred payment loans at zero percent interest, due only upon resale of the property or failure to comply with the agreed-upon restrictions on rents and household incomes. The program will, on a competitive basis, provide zero interest gap financing to restore units that are rented at affordable rates. Higher funding amounts up to $100,000 per unit are available to qualified landlords who agree to offer lower rents, with the maximum amount of subsidy going for larger rental units where rents are affordable for families with incomes at or below 50% area median income. Additional performance measures include: Total # of units in the activity: proposed 10,206 # of affordable units: proposed 7,655 Minimum # of years that affordability restrictions apply: 10 # of assisted units occupied by elderly households: proposed 850 # of units subsidized with project based rental assistance: proposed 340 # of units made lead safe: proposed low-income 1531 proposed mod-income 1021 # of units meeting Sec. 504 accessibility standards: proposed 850 # people served below 30% of AMI: TBD Expenditures on affordable rental housing under 2nd appropriation: TBD Expenditures in New Orleans Metro area under 2nd appropriation: TBD

 

Location Description:

Disaster affected parishes.

 

Activity Progress Narrative:

The Small Rental Property Program design was approved by LRA and OCD-DRU December 28, 2006; the final scoring design was approved January 5, 2007. The Small Rental application was approved by the LRA late January, 2007. ICF International, who is administering the program, began accepting applications for the first of multiple competitive rounds January 29, 2007, and continued receiving them through March 15, 2007, for the general pool, and March 22, 2007 for the non-profit pool. The end of July marked the deadline for applicants to return their conditional award packages for Round 1 and the application deadline for Round 2. The total number of applications received was 6,734. Of all the applications received, 5,338 met basic eligibility requirements and were admitted to the Round 1 competition. The other 1,396 were either deferred or denied with the opportunity to re-apply and compete again in the next funding round. Total conditional award packages from Round 1 were 2,702, which have all been reviewed for completeness. 941 were complete packages, meaning no information was missing. There were 462 withdrawn packages. During Round 1, $202,029,100 in federal funds were awarded to 2,702 applications, with the average award of $75,020 per project. 887 are still moving forward to closing. The 2,645 eligible, but unfunded applicants may apply in Round 2. There have been 178 appeals and 118 have had determinations completed and resolved. Of the 2,693 awarded applications, 237 were owner-occupants of three and four-unit properties. Non-profit organizations comprised 80 of the awarded applications. 2,376 awards were made to applicants from a “general pool” of small owners of rental properties. For Round 1 awardees, 933 titles and 2,419 environmental reviews have been ordered. 12,327 applications were received at the close of Round 2. The State awarded nearly $375,000,000 in federal funds to 5,032 applications in Round 2. The average award was approximately $75,000. The awards will help restore more than 9,000 rental units in the eligible parishes. Of those, more than 8,000 units will be rented at affordable rates for low- to moderate-income working families. The other units will be home to owner-occupants (who live on the same property as their rental units) and market rate tenants in mixed-income buildings. Interviews have been scheduled with existing tenants regarding the Uniform Relocation Act assistance program. Thus far, 24 occupied units have been identified as needing relocation assistance. By the end of December, 3,806 conditional award packages have been returned. There have been 190 appeals and 107 have had issue determinations completed and resolved.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-06

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

19,600,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

19,600,000

Program Funds Drawdown

259,782.63

259,782.63

Obligated CDBG DR Funds

19,600,000

19,600,000

Expended CDBG DR Funds

259,782.63

259,782.63

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/250

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. Tiffany Apartments, located in Vermillion Parish, is the first Southwest Louisiana Piggyback project. This 250 unit mixed-income development will have 150 (60%) market rate units and 100 affordable units for households with incomes between 30% and 60% of the area median income. Thirteen of the 100 affordable units will be reserved for permanent supportive housing.

 

Location Description:

Rodeo Road Abbeville, LA

 

Activity Progress Narrative:

Tiffany Apartments will have 250 mixed-income units with total development costs at $42,000,000. The contract has been signed, the environmental review was complete on 4/24/07, and construction has begun on this property. At close, the funds leveraged detail is: Tax Credits 17,663,000.00 Perm Loan 3,775,000.00 Deferred Developer Fee 719,503.00

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-07

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

22,000,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

22,000,000

Program Funds Drawdown

745,920.61

745,920.61

Obligated CDBG DR Funds

0

22,000,000

Expended CDBG DR Funds

745,920.61

745,920.61

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/250

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. Piggyback development H2XC-07,Lakeside Apartments, is located in St. Tammany Parish. This development represents the first project closed on the North Shore. Lakeside Apartments, a 250 unit mixed-income development with $39,000,000 in total development costs, utilized $22,000,000 in CDBG funding. Additional performance measures include (proposed/actual): Total # of units in the activity 250/TBD # of affordable units 100/TBD proposed low-income 50/TBD proposed mod-income 50/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD proposed low-income proposed mod-income # of units subsidized with project based rental assistance TBD proposed low-income # of units meeting Sec. 504 accessibility standards 18/TBD proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 100% of expenditures Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

Oak Harbor Blvd. Slidell, LA

 

Activity Progress Narrative:

Lakeside Apartments are located in St. Tammany Parish on the North Shore of Lake Pontchartrain on Oak Harbor Blvd, Slidell, LA. The total development cost for this project is $39,000,000. The contract for this development has been signed and was cleared for environmental review. Construction has begun on this project. Detail of leveraged funds: First Mortgage Lender; $5,250,000.00 Tax Credit Equity; $17,039,000.00 Deferred Developer Fee; $1,655,500.00

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-08

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

25,741,662

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

25,741,662

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/230

 

Activity Description:

The Villas at Lake Forest/Muses

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-09

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

1,354,018

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

1,354,018

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

1,354,018

1,354,018

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/72

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm-damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. The Jefferson Davis Apartments, located in Orleans Parish, is a 72-unit mixed-income development will have with 100% affordable units for households with incomes below 60% of the area median income. 11 of the affordable units will be reserved for permanent supportive housing. Additional performance measures include (proposed/actual): Total # of units in the activity 72/TBD # of affordable units 72/TBD # of proposed low-income 72/TBD # of proposed mod-income 0/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD # of proposed low-income # of proposed mod-income # of units subsidized with project based rental assistance 16/TBD # of proposed low-income 16/TBD # of units meeting Sec. 504 accessibility standards TBD # of proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation $1,354,018 /TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

750 S. Jefferson Davis Parkway, New Orleans, LA

 

Activity Progress Narrative:

OCD closed the thirteenth Piggyback deal, Jefferson Davis Apartments, on December 26th, 2007. This 100% affordable development is located in New Orleans and accounts for $1,354,018 in CDBG funding. It is new construction and located on South Jefferson Davis Parkway. Jefferson Davis will develop 72 units. This project has not cleared environmental review yet.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-10

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

15,950,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

15,950,000

Program Funds Drawdown

314,382

314,382

Obligated CDBG DR Funds

0

15,950,000

Expended CDBG DR Funds

314,382

314,382

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/183

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. This mixed-income development is located in New Orleans and accounts for $15,950,000 in CDBG funding. This new construction project will create 183 total units. Additional performance measures include (proposed/actual): Total # of units in the activity 183/TBD # of affordable units 73/TBD proposed low-income 37/TBD proposed mod-income 36/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD proposed low-income proposed mod-income # of units subsidized with project based rental assistance TBD proposed low-income # of units meeting Sec. 504 accessibility standards 13/TBD proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 100% of expenditures/TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

4301 Tulane Ave New Orleans, LA 70119

 

Activity Progress Narrative:

The Preserve development has cleared environmental review and held a groundbreaking on August 24, 2007 to mark the beginning of the construction process. Total funds leveraged include the following: Net Investor Equity 16,466,000.00 First Mortgage Lender 8,500,000.00 Deferred Developer Fee 2,023,030.00 Interest Earnings 35,584.00

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-11

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development,Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

19,600,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

19,600,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

19,600,000

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/228

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. This mixed-income development is located in New Orleans and accounts for $19,600,000 in CDBG funding. This new construction will develop 228 units. Additional performance measures include (proposed/actual): Total # of units in the activity 228/TBD # of affordable units 90/TBD proposed low-income 46/TBD proposed mod-income 44/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD proposed low-income proposed mod-income # of units subsidized with project based rental assistance TBD proposed low-income # of units meeting Sec. 504 accessibility standards 16/TBD proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 100% of expenditures/TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

3000 Tulane Ave New Orleans, LA 70119

 

Activity Progress Narrative:

The Crescent Club project has cleared environmental review and ground breaking ceremonies were held on August 24, 2007 to mark the beginning of construction. The following details funds leveraged for this project at close: First Mortgage Lender; $10,740,000.00 Tax Credit Equity; $20,402,000.00 Deferred Developer Fee; $2,129,474.00 Interest Earnings; $39,969.00

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-12

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

991,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

991,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/56

 

Activity Description:

Cypress Manor I Apartments

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-13

Activity Category:
Rehabilitation/reconstruction of residential structures

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

26,500,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

26,500,000

Program Funds Drawdown

3,601,729.95

3,601,729.95

Obligated CDBG DR Funds

0

26,500,000

Expended CDBG DR Funds

11,129,491.95

19,828,036.69

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of Properties

0

0

0

0/0

0/0

0/1

# of housing units

0

0

0

0/0

0/0

0/190

# of Households benefitting

0

0

0

0/38

0/38

0/190

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. 200 Carondelete is a 190 unit mixed-income (60% market rate; 40% affordable) acquisition/rehabilitation project in the central business district of New Orleans. Additional performance measures include (proposed/actual): Total # of units in the activity 190/TBD # of affordable units 76/TBD proposed low-income 38/TBD proposed mod-income 38/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD proposed low-income proposed mod-income # of units subsidized with project based rental assistance TBD proposed low-income # of units meeting Sec. 504 accessibility standards 414/TBD proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 100% of expenditures/TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

200 Carondelet New Orleans, LA 70130

 

Activity Progress Narrative:

The 200 Carondelet project was the first Piggyback project to close and is one of the few acquisition/rehabilitation projects in the Piggyback portfolio. The project has already cleared environmental review, and the construction process is well underway. The total development costs are $70,000,000. Other funds leveraged include: First Mortgage Lender; $4,950,000.00 Tax Credit Equity; $32,077,214.00 Deferred Developer Fee; $6,138,618.00 In order to accommodate changes to the DRGR structure and report the correct total amount drawndown to date, the reported drawndown amount for this quarter includes $1,170,782.74 from previous quarters. The amount reported as expended this quarter includes an adjustment for the prior quarter. The amount expended in 2007 Q3 was 1,170,782.74 and 2,430,947.21 for Q4.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-14

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

1,760,995

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

1,760,995

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/43

 

Activity Description:

McCaleb Supportive Housing

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-15

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

1,060,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

1,060,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/54

 

Activity Description:

Ephesus Seniors Housing

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-22

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

13,900,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

13,900,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

13,900,000

13,900,000

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/100

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm-damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. Beechgrove Homes in Jefferson Parish, a 100 unit mixed-income, scattered-site development with $24,000,000 in total development costs utilized $13,900,000 in CDBG funding. Beechgrove will produce 80 units at market rate along with 20 deeply affordable units of which 15 units are set-aside for Permanent Supportive Housing. Additional performance measures include (proposed/actual): Total # of units in the activity 100/TBD # of affordable units 20/TBD # of proposed low-income 20/TBD # of proposed mod-income 0 /TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD # of proposed low-income # of proposed mod-income # of units subsidized with project based rental assistance TBD proposed low-income # of units meeting Sec. 504 accessibility standards TBD # of proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 20% of expenditures or $11,316,397 /TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

Claiborne Parkway and Beechgrove Blvd. Westwego, LA Jefferson Parish

 

Activity Progress Narrative:

OCD closed the ninth Piggyback deal, Beechgrove Homes, on November 7th, 2007. This 80-20 mixed income, new construction development is located in Westwego (Jefferson Parish) and accounts for $13,900,000 in CDBG funding. Beechgrove will develop 100 units.   This project has already cleared the environmental review process.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-24

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

27,000,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

27,000,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/410

 

Activity Description:

BW Cooper I

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-25

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

27,000,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

27,000,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/410

 

Activity Description:

CJ Peete III

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-26

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

27,000,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

27,000,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/465

 

Activity Description:

St. Bernard I

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-27

Activity Category:
Construction of new housing

Activity Status:
Under Way

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

695,272

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

695,272

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

695,272

695,272

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/56

 

Activity Description:

The State's CDBG funds will provide gap financing and Project Based Rental Assistance in order to assist 35 projects that will create more than 5,737 new or restored rental units in storm-damaged areas. This is one of those projects. The LIHTC-CDBG program (referred to as the “Piggyback” program in the Louisiana Recovery Authority Action Plan) will combine the resources of Gulf Opportunity Zone Tax Credits, CDBG funding, Section 8 project based housing vouchers, and leveraged private investments to generate the rental units. The program will support the development of mixed-income communities and ensure the restoration of rental housing in the most heavily impacted parishes. Eligible applicants were developers who applied for Low Income Housing Tax Credits. The primary method of award was to sponsors who applied for the received GO Zone credits under the 2007/2008 LIHTC allocation rounds administered by the Louisiana Housing Finance Agency. The CDBG funds were allocated among three pools identified as Mixed-Income, Additional Affordability, and Public Housing Authority Redevelopments. Funding was available in the form of either project based rental assistance, gap financing, or a combination thereof. All 35 developments assisted with Tax Credits and CDBG will provide at least 5 percent of their units for Permanent Supportive Housing (PSH). Many will provide more PSH units than the required set aside. This effort represents the first major development of PSH in the State of Louisiana and the very first PSH units to be provided in mixed income settings. Classic Construction of New Orleans Venture II in Orleans Parish is a 100% affordable, 56-unit scattered-site development with $13,000,000 in total development costs. This project will produce 9 units of Permanent Supportive Housing. Additional performance measures include (proposed/actual): Total # of units in the activity 56/TBD # of affordable units 56/TBD # of proposed low-income 56/TBD # of proposed mod-income 0/TBD # of years that affordability restrictions apply 15-35 years/TBD # of assisted units occupied by elderly households TBD # of proposed low-income # of proposed mod-income # of units subsidized with project based rental assistance 0/ TBD proposed low-income # of units meeting Sec. 504 accessibility standards TBD # of proposed low-income TBD Expenditures on affordable rental housing under 2nd appropriation 100% of expenditures/TBD Expenditures in New Orleans Metro area under 2nd appropriation 100%

 

Location Description:

Scattered sites across New Orleans. 1838 Spain Street 2418 N Tonti St 2107 Almonaster Ave 2025 Mandeville St 2201 Bartholomew St 2815 N Dorgenois St 1625 Lesseps St 1629 Lesseps St 1529-31 Mazant St 2223 Music St 1724-26 Poland Ave 1730 Poland Ave 3134 N Prieur St 4020 N Rocheblave St 2458 Tonti St 2300-02 A.P. Tureaud Ave 2310 AP Tureaud Ave 2314-16 AP Tureau Ave 2318-2320 AP Turreaud Ave 2322-24 AP Tureaud Ave 1817 N Tonti 1821 N Tonti 1825-27 N Tonti St 2201 Charbonnet St 1522 Mandeville St 2512 Pauger St 2111-13 St Anthony St

 

Activity Progress Narrative:

OCD closed the seventh Piggyback deal, CCNO Venture II, on October 11th, 2007. This 100% affordable, scattered-site, new constru ction development is located at multiple addresses in the 9th Ward of New Orleans. It accounts for $695,272 in CDBG funding. Venture II will develop 56 units. Ground-breaking ceremonies were held in New Orleans on November 2nd, 2007.  This project has already cleared the environmental review process.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-28

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

7,280,897

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

7,280,897

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/84

 

Activity Description:

Wellswood Manor

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-29

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

5,396,197

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

5,396,197

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/50

 

Activity Description:

Constance Lofts

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-30

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

27,000,000

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

27,000,000

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/812

 

Activity Description:

Lafitte Redevelopment

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-36

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

11,908,197

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

11,908,197

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/100

 

Activity Description:

Levy Gardens

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-37

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

19,116,061

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

19,116,061

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/180

 

Activity Description:

The Meadows

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City

State

Zip

No Activity Locations Found

 

 

 

 

Other Funding Sources Budgeted - Detail

Match Sources

Amount

No Other Match Funding Sources Found

 

 

Other Funding Sources

Amount

No Other Funding Sources Found

 

 

 

Grantee Activity ID:
H2XC-38

Activity Category:
Construction of new housing

Activity Status:
Planned

Responsible Organization:
Office of Community Development, Disaster Recovery Unit

Projected Start Date:
05/30/2006

Projected End Date:
05/30/2045

National Objective:
Low/Mod

 

 

This Report Period

To Date

Total Projected Budget from All Sources

N/A

14,717,062

Total CDBG Disaster Recovery Grant Funds Budgeted

N/A

14,717,062

Program Funds Drawdown

0

0

Obligated CDBG DR Funds

0

0

Expended CDBG DR Funds

0

0

Match Contributed

0

0

Program Income Received

0

0

 

Performance Measures

 

This Report Period

Cumulative Actual Total / Expected

 

Low

Mod

Total

Low

Mod

Total

# of housing units

0

0

0

0/0

0/0

0/143

 

Activity Description:

Crescent Garden Homes

 

Location Description:

 

 

Activity Progress Narrative:

No Activity.

 

Activity Location:

Address

City