WAHA Spring ConferenceApril 9, 2014

For your continued dedication and work serving our residents!

WI PHAs continue to do a great job of administering your programs in a difficult financial and regulated environment.

Great Job!HCV Program:•38/60 High Performers in SEMAP•No Troubled PHAs

Public Housing:Fiscal Year End Date

PHAS Score Range PHAs with PHAS Score

Percent to Total

PHAs with PHAS Score

Percent to Total

PHAs with PHAS Score

Percent to Total

PHAs with PHAS Score

Percent to Total

PHAs with PHAS Score

Percent to Total

Greater than or equal to 90 points 16 45.71% 10 66.67% 14 58.33% 14 87.50% 54 60.00%Between 80 - 89 points 9 25.71% 2 13.33% 6 25.00% 1 6.25% 18 20.00%Between 70 - 79 points 9 25.71% 2 13.33% 3 12.50% 14 15.56%Between 60 - 69 points 1 2.86% 1 6.67% 1 4.17% 1 6.25% 4 4.44%Total 35 100.00% 15 100.00% 24 100.00% 16 100.00% 90 100.00%

12/ 31/ 2012 03/ 31/ 2013 06/ 30/ 2013 09/ 30/ 2013 Total

2014 PIH Priorities

1. Maximizing Voucher Utilization and Public Housing Occupancy

2. Recover, Sustain, or Reposition Public Housing Agencies

3. Address the Viability of PHA Finance and Governance

4. Preserve and Revitalize Affordable Housing Inventory

5. Achieve Operational Excellence (Internal)

Be Aware!•Changing Times for PHAs

• Program Changes• Funding Changes

•Increased Fiscal Awareness• PHA Staff• Boards / Local Officials / Community

Partners•Know programs and available options

• Rental Assistance Demonstration• Voluntary Conversion• Program Transfers / Consortiums

Be Informed!•Funding prorations• HCV – HAP / Admin Fee• Operating Subsidy

• Changes that effect your programs• Flat Rent provision in 2014 Appropriations• Unit classifications / Vacancies for PHAS –

Management scores

Be Involved!•Contact Legislators•Support WAHA / Industry Groups• Keep Boards / Local Officials aware of

effect on your residents and community.

HCV Program•HCV funding prorations

• 99% HAP• 75% Admin

• Many well run HCV programs are experiencing fiscal problems• MUST create and maintain budgets and

projections• MUST be aware of Admin Fees and program

costs• MUST know program factors such as per unit

costs, success rates, attrition rates, etc.

HCV Program• Our office will work with you on cost / leasing

projections• Don’t wait until it’s too late to make changes!

Some may take months to have an effect.• Boards MUST be knowledgeable on programs

and especially financial oversight. • Unfortunately some programs will not be able

to sustain “business as usual” due to financial conditions

• Possible repositioning actions, i.e., transfer to another PHA

Low-Rent Public Housing

Ongoing / current concerns• Chronic occupancy problems for some small

rural PHAs• Aging PH stock requires extensive

renovation • Lack of adequate/available CFP funds• Reduction in operating subsidy• Lower rental income due to economy

Low-Rent Public Housing

Options for PHAs• Rental Assistance Demonstration (RAD)• Low Income Housing Tax Credits• Voluntary Conversion

RAD FY14 Omnibus Appropriations Act did not

include a provision to increase the 60,000 unit cap.

By December 31, 2013, the Department received applications for more than 176,000 units.

WI had one PHA (Antigo) with 84 units reserved in the first round.

RADQueue / Wait list of PHAs above cap: (5) in WI

Dane County Housing Authority Westby Housing Authority West Bend Housing Authority Wausau Community Development Authority Marshfield Community Development

Authority

RAD The RAD team at HUD will fully review and

provide contingent approval of applications meeting all applicable criteria in the current RAD Notice. HUD intends to honor the standing of current applicants in queue above the 60,000 unit threshold

PHAs are encouraged to continue to apply for RAD and will be reviewed in the order submitted.

RADBlast email notifications available for sign-up PHAs can always apply and not convert later

Reminders• 2014 Capital Fund documents due April 15th • 2014 HCV Set-Aside applications due April

15th * See PIH Notice 2014-05 • Flat Rent provisions implemented by June 1st • PHAs with March 31 FYE report in EPIC April

1st – 30th • Maintain PHA Executive Director and

Commissioner contact information in PIC (Please update our office)

Thank you!

Questions?