Nebraska HUD Field Office Director Earl Redrick details HUD programs that can be used to assist veterans and seniors. Presentation from the Housing Assistance Councils symposium "Housing Seniors & Veterans in Rural America: Preservation, Development and Services" in Council Bluffs, IA on August 28-29, 2013

1. Housing Seniors and
Veterans in Rural America
August 28, 2013

2. Considerations for Rural
Communities
• Planning
• Capacity
• Partnerships
• Other Housing Needs
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3. Resources
• HUD Office of MultiFamily
• HUD Office of Healthcare
• HUD CDBG/Iowa Economic Development
Authority
• HUD‐VASH vouchers
• Small Business Administration (SBA)
•
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4. HUD Resources
• HUD Office of MultiFamily
– Section 221 (d) 3 – Non‐Profit developer –
Mortgagee can receive insured mortgage up to 100% of
replacement costs.
– Section 221 (d) 4 – For Profit developer.
Mortgagee can receive max mortgage of 90% of
replacement costs.
–
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5. HUD Office of MultiFamily
–Proceeds may be used for new
construction or substantial
rehabilitation
–Projects must have 5 or more units
–Insures lenders against loss on
mortgage defaults
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6. HUD Office of MultiFamily
–Moderate income tenants – no income
limits
–Allows for long term mortgage – up to
40 years
–Projects may be designated specifically
for elderly or disabled
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7. HUD Resources
• HUD Office of Healthcare
– Section 232 – Skilled Nursing Homes, Assisted
Living Facilities, Intermediate Care Facilities,
Board and Care Homes.
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8. HUD Office of Healthcare
continued
• Use of FHA‐Healthcare Insured Loans:
– Construction Financing
– Refinancing
– Replacement Facilities
– Expansion
– Modernization
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9. HUD Office of Healthcare
continued
• For More Information:
www.hud.gov/healthcare
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10. CDBG Resources
• Iowa Economic Development Authority
– Community Development Block Grant (CDBG)
• Annual competitive program
• Funds owner‐occupied rehabilitation for single family
homes
• Projects must primarily benefit low and moderate
income persons
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11. CDBG Resources
• Iowa Economic Development Authority
– Community Development Block Grant (CDBG)
• Maximum per unit subsidy = $37,500
Contact:
515‐725‐3081
housing@iowa.gov
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12. Veterans Affairs Supportive
Housing (VASH)
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13. Veterans Affairs Supportive
Housing (VASH)
– VA and HUD Commitment
• VA is committed to the Federal Plan to Prevent and
End Homelessness, which calls for coordinated
strategic cooperation with our community partners
• VA and HUD have established the nation’s largest
supported permanent housing initiative
• HUD and VA work together on the U.S.
Interagency Council on Homelessness
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14. Veterans Affairs Supportive Housing
(VASH)
–Iowa PHAs with VASH
• Council Bluffs 10
• Davenport 45
• Des Moines 135
• Iowa City 50
• Mason City 35
• Sioux City 25
Total 300
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15. Veterans Affairs Supportive Housing
(VASH)
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PHA and Housing Process
 Referral is made in writing to the PHA from the VA
 Case manager assistance (if needed):
o Complete forms
o Work out transportation issues
o Locate suitable housing following PHA
guidelines

16. Veterans Affairs Supportive Housing
(VASH)
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o Request PHA inspection and approval
of selected unit
o Address obstacles and barriers
o Facilitate communication between PHA
and Veteran

17. Veterans Affairs Supportive Housing
(VASH)
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–Kathy Ritzler
–HUD VASH SME, Region 7
–515‐284‐4315
–Kathy.R.Ritzler@hud.gov
HUD Contact

18. Small Business Administration
(SBA) Resources
• Builders Line Program
– The SBA provides up to an 85% guarantee
– Provides financing for small contractors or
developers to construct or rehabilitate residential
property
– Building project serves as collateral
– Loan maturity generally 3 years
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19. SBA continued
• Builders Line Program
– Proceeds of loan used solely for direct expenses
of:
• Acquisition
• Immediate construction and/or significant
rehabilitation
– Land purchase can be included – cannot exceed
20% of loan proceeds
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20. For More Information
Earl.E.Redrick@hud.gov
402‐492‐3134
Omaha, NE Field Office
Steven.Eggleston@hud.gov
515‐323‐2462
Des Moines, IA Field Office
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