FISCAL YEAR 2010 ANNUAL REPORt July 1, 2009 - June 30, 2010 The Martin Luther King Building at Depot Plaza in Tucson, Arizona was funded with assistance from the Low Income Housing Tax Credit program. The six story public housing project consists of 68 units for the elderly and/or people with disabilities and located conveniently along the modern street car line. FISCAL YEAR 2010 CONTENTS ANNUAL REPORt Executive Summary 1 Fiscal Year 2010 in Summary 2 Rental Programs 3-4 Homeownership Programs 5-6 Homeless and Special Needs Programs 7 Other Housing Activities 8 Community Development 9 EXECUTIVE SUMMARY FISCAL YEAR 2010 ANNUAL REPORt While much of the state focused their attention on the numerous issues that plagued Arizona, the Arizona Department of Housing worked to address the foreclosure and homelessness issues. Arizona is ranked number two in the United States in terms of the number of foreclosures which resulted in an increase in homeless individuals and families. The greater Phoenix area alone is experiencing over 50,000 home foreclosures annually. The state has never experienced a housing issue of this magnitude and the Department knew that our programs would be critical in providing relief for struggling homeowners and Arizona residents that have lost their homes. During this recession, the need for below market affordable housing continues to grow. ” Last year, the economy was declining at a decreasing rate, a good sign; a year later we continue to bump along the bottom. The state has been forced to make billions of dollars in cost reductions to balance the budget and most in Arizona have been touched in some way by this recession. Since 2008, the Housing Trust Fund has been subject to repeated sweeps to aid the state in balancing the General Fund. The Housing Trust Fund is an irreplaceable resource; it provides the department with its only flexible source of funds to assist Arizona homeless shelters and other housing organizations that are experiencing more people in need than ever before. In FY2009, the fund committed over $30 million to projects; yet, in FY2010, due to sweeps to the fund, just over $9 million was available to commit to projects. In FY2010, the annual allocation was capped by legislation at $10.5 million. Due to the new cap and an additional $6 million sweep enacted for FY2011 the Department will only be able to provide assistance for the most severe housing issues. As a result of the economic recession the Department received a dramatic increase in Federal Economic Stimulus funds that doubled the resources managed by the department at a time when staff was reduced by 25 percent. In February, the President announced that he would be allocating $1.5 billion in foreclosure mitigation funds to help those states hardest hit by the foreclosure crisis. Arizona was allocated $125.1 million of these funds which created the new Save My Home AZ program; aimed at providing principle reduction to reduce the current mortgage payment down to 31% of the homeowner’s gross monthly income and reduce the principal balance closer to the current value of the home. The program is currently in its early stages and should provide assistance for a several thousand homeowners in the next year. Other stimulus programs under the department have proved extremely beneficial to Arizona residents in the past year. In FY 2010 the Homeless Prevention Rapid Re-housing Program (HPRP) allocated over $220,000 to assist 64 households in rural Arizona. The CDBG-R stimulus program provides opportunities for community revitalization and allocated over $3 million to rural Arizona. Currently in its third phase, in FY2010 the Neighborhood Stabilization Program allocated over $18 million towards homeownership assistance and at the moment is developing a new program to invest the recently added $5 million in funding. The Tax Credit Assistance Program (TCAP) allocated over $32 million dollars, while the Tax Credit Exchange Program (TCEP) has allocated over $33 million dollars, to assist in the new construction and acquisition and rehab of low income multi-family units. These versatile programs continue to assist thousands of individuals around our state and have been very helpful during this time of economic uncertainty. Along with the increase in stimulus programs the Department continues to administer a number of federally funded programs. During this recession, the need for below market affordable housing continues to grow. In FY2010 the Low Income Housing Tax Credit program provided over $240 million in credits that assisted the new construction of nearly 1,500 units and the acquisition and rehab of over 500 units. During this same time, under the Community Development Block Grant, the Department administered nearly $12 million in funds to address a wide variety of community needs around the state. Over $11 million was allotted to new construction and acquisition and rehab under the HOME program. The Department recognizes the importance of such programs and continues to develop and research new and innovative ways to allocate these funds to produce the needed results. As FY2010 came to an end, economic recovery does not appear imminent; however, we remain optimistic as we move forward with new programs, innovative strategies, and dedicated partners. We are happy to have the opportunity to highlight our accomplishments in the Fiscal Year 2010 Annual Report; illustrating the good work that the Arizona Department of Housing and the Arizona Housing Finance Authority continue to accomplish for the citizens of Arizona, during these unprecedented times. 1 FISCAL YEAR 2010 FISCAL YEAR 2010 IN SUMMARY ANNUAL REPORt Arizona Department of Housing & Arizona Housing Finance Authority Achievements During FY2010, the Arizona Department of Housing (ADOH) and Arizona Housing Finance Authority (AzHFA) made combined commitments of over $432 million in assistance available to support housing and community development activities throughout Arizona through a number of state and federal resources for a variety of activities. The agency received a large increase in funding, due to an increase in stimulus programs that enabled the agency to provide resources to more individuals around the state. Through FY2010, the agency touched the lives of over 227,000 Arizonans, most of which are low-income, providing some type of housing assistance. The charts show the percentage of funds that were committed for various activities, each of which is addressed individually in the following pages of this report. Many projects and activities were aimed at the rural areas around the state due to additional funding that Maricopa and Pima counties and many of the municipalities in those areas receive from the federal government. ARIZONA HOUSING FINANCE AUTHORITY 100% SINGLE FAMILY HOUSING ARIZONA DEPARTMENT OF HOUSING COMMITMENTS BY ACTIVITY TYPE STIMULUS & NON-STIMULUS 90% 7% SINGLE FAMILY HOUSING 2% OTHER 1% EMERGENCY AND TRANSITIONALS Multi-Family Housing BY COUNTY ARIZONA DEPARTMENT OF HOUSING GEOGRAPHICAL DISTRIBUTION 39% MARICOPA 17% PIMA 12% YAVAPAI 6% COCONINO 5% MOHAVE 5% GILA 4% COCHISE 4% NAVAJO 4% YUMA 2% PINAL 1% SANTA CRUZ .4% APACHE .3% GRAHAM .2% LA PAZ .1% GREENLEE 2 FISCAL YEAR 2010 RENTAL PROGRAMS ANNUAL REPORt Rental Property Development During FY2010, the agency made commitments to invest nearly $323 million in financing to support 3,765 affordable rental units. Financing was obtained by nonprofit and for profit developers to support projects throughout Arizona. Generally assisted projects are required to guarantee 30 years of affordability in exchange for public financing at favorable terms. • $269 million or 83 percent of the financing will go toward the construction of 2,947 brand new units, which comprises 78 percent of the total number of units assisted. Once constructed, these units will be affordable to low-income households for the next 30 years. With the economic hardships experienced by many, new construction of affordable housing units remains an essential piece for economic development in the state. • Nearly $54 million or 17 percent of the financing will be used to assist 818 (22 percent) units through the acquisition and rehabilitation of existing structures. Such financing provides a cost effective way of preserving and extending the life of affordable rental units. Rental units were funded through a number of funding sources, including the Arizona Housing Trust Fund, federal HOME, federal Low-Income Housing Tax Credits (reported at the 10 year market value), and federal stimulus dollars aimed at supplementing tax credit projects. A full breakdown of funding invested is located in tables at the end of this report. RENTAL FINANCING COMMITTED FROM InVeSTMenT OF $323 MIllIOn ADOH - NEW CONSTRUCTION $269,022,447 ARIZONA DEPARTMENT OF HOUSING COMMITMENTS BY ACTIVITY TYPE RENTAL PROPERTY FINANCING ADOH - ACQUISITION REHABILITATION $53,894,925 STIMULUS & NON-STIMULUS 3 FISCAL YEAR 2010 RENTAL PROGRAMS ANNUAL REPORt Rent Subsidies In FY2010, the agency administered over $57 million in rental subsidy payments, assisting 9,552 extremely low-income Arizonans with their monthly rent. Among those assisted were very low-income seniors, formerly homeless individuals, seriously mentally ill, households living with HIV/AIDS, and other special needs groups. 96 percent of the rent subsidy dollars administered consisted of federal dollars. Generally, when households are assisted with public monies to assist with their rent they are expected to contribute 30 percent of their income, with the subsidy covering the difference between what the household can afford and a reasonable, modest rent payment. HOW DO RENT SUBSIDIES HELP LOW INCOME HOUSEHOLDS? INCOME: $900/month RENT: 1 BR market rate in Maricopa Co BUDGET WITHOUT SUBSIDY: Rent Food, Medicine, Clothing, Transportation, Other BUDGET WITH SUBSIDY: $624 $274 $900 Rent Subsidy portion of rent Food, Medicine, Clothing, Transportation, Other $270 $354 $630 $900 HOUSEHOLDS ASSISTED BY SOURCE 7,938 SECTION 8 PROJECT-BASED 829 SHELTER PLUS CARE 354 SUPPORTIVE HOUSING PROGRAM 250 HOUSING TRUST FUND 167 SECTION 8 HOUSING CHOICE VOUCHER 14 HOPWA 4 FISCAL YEAR 2010 HOMEOWNERSHIP PROGRAMS ANNUAL REPORt New Development Homebuyer Assistance Due to the highly saturated Arizona single-family housing market, the agency’s investment into the development of homeownership was extremely limited. In FY2010, $215,000 was invested into the purchase of five vacant lots for Prescott Area Habitat for Humanity to construct five new units. Habitat for Humanity assists low income persons or families through the self help model of new home construction where families physically assist with the construction of their new home as well as aid other Habitat homes. Under this program, families receive extensive homebuyer education and counseling through Habitat for Humanity and in order to monitor the success of the program the families are tracked during every stage of the process. With the high number of foreclosed homes flooding the market, the agency focused their homebuyer assistance efforts on providing opportunities to individuals to purchase these homes. In FY2010, the agency was able to assist over 1,000 low-income homebuyers obtain homes. • 600 homeowners were assisted with home purchase assistance through the agency’s Your Way Home AZ program which was made available through the $18 million provided under the federal stimulus program, Neighborhood Stabilization Program. • Over 400 homebuyers were assisted through the homeownership assistance programs of the Arizona Housing Finance Authority, including the low-interest mortgages available through the Mortgage Revenue Bond Program, federal tax credits through the Mortgage Credit Certificate Program, or down payment and closing cost assistance available through the Authority. HOMEOWNERSHIP ASSISTANCE HOMeS FOR ARIZOnAnS (AzHFA) $1,309,075 MCC $4,022,335 MRB $5,141,251 nSP 0 5 10 15 $18,240,248 20 In MIllIOnS 5 FISCAL YEAR 2010 HOMEOWNERSHIP PROGRAMS ANNUAL REPORt Foreclosure Counseling Housing Rehabilitation and Repair Programs To address the current mortgage foreclosure crises, the agency continued to fund a number of foreclosure agencies that were originally funded in FY2008. The program is geared toward providing counseling to households in threat of foreclosure. In Fiscal Year 2010 our foreclosure hotline assisted nearly 15,000 individuals. In August, the National Foreclosure Mitigation Counseling (NFMC) Program announced that more than Over $7.6 million in federal funding was spent on housing rehabilitation programs this year. These programs, which help extend the life of affordable properties as well as ensure safe, decent living environments for some of Arizona’s poorest homeowners continued to be much sought after resource. Most assisted homeowners are very low income, elderly, and living on fixed incomes making the most basic repairs to their aging homes impossible. In all, 422 homes or over 35 homes each month were rehabilitated around Arizona. Due to a decrease in funding, the agency was limited in the number of programs it was able to fund; however, we still were able to carry out many rehabilitation programs and continue to provide valuable resources for individuals needing repairs to their properties. Community Development Block Grant funds may be utilized to complete major repairs or simply to address emergency situations; HOME funds require major rehabilitation of each home touched. In Fiscal Year 2010 our foreclosure hotline assisted nearly 15,000 individuals. 1,000,000 homeowners across the nation have sought and received foreclosure intervention counseling from more than 1,700 nonprofit counseling organizations funded by the program. With the troubling housing market and unpredictable economy these foreclosure counselors provide valuable information for homeowners seeking information on foreclosure prevention. ARIZONA DEPARTMENT OF HOUSING FEDERAL FUNDING ON HOUSING REHABILITATION PROGRAMS REHABILITATION FUNDING $1,980,000 HOMe PROGRAM $5,702,258 COMMunITy DeVelOPMenT BlOCK GRAnT NUMBER OF REHABILITATED HOMES HOMe PROGRAM 57 COMMunITy DeVelOPMenT BlOCK GRAnT 365 0 100 200 250 300 350 400 6 HOMELESS PROGRAMS AND OTHER ASSISTANCE FOR SPECIAL NEEDS POPULATIONS FISCAL YEAR 2010 ANNUAL REPORt Homeless Prevention Program As the economy continues to stagnate at the bottom and forecast minimal gains in the near future, the demand for the agency’s Homeless Prevention Program continues to increase dramatically. Due to sweeps to the Housing Trust Fund the agency was limited in the amount of funding it was able to allocate for this program. In FY2010 the program provided $243,594 in cash assistance to provide rent, mortgage, utility payment assistance, and other resources to keep homelessness at bay for nearly 200 Arizona households. Funded through the Arizona Housing Trust Fund, HOPWA and federal stimulus dollars, the program has played an important part in addressing the economic woes experienced by many of Arizona’s low-income families as well as those experiencing temporary setbacks with job losses. Development of transitional housing units and shelters Providing funding for the development of transitional housing units and shelters is an important function of the agency. Generally federal funds are not made available for such development therefore making providers of transitional housing for other populations such as victims of domestic violence, recovering substance abusers, and others have relied heavily on the Arizona Housing Trust Fund to finance such development. The agency was able to commit over $1.3 million dollars in FY2010 towards the development of nearly 1,100 transitional housing units and shelter beds. Emergency operating funds for shelters and service dollars for supportive housing programs With the economic downturn, services provided by emergency shelters continue to be of huge value to the community. Every year the agency receives many requests for emergency operating funds in order for homeless shelters to keep their doors open due to budget shortfalls. This year was no exception. Additionally, the agency also administers federal funding to provide supportive services to formerly homeless populations served through the Supportive Housing Program. Last year, the agency committed over $1.5 million in resources to these activities. 7 FISCAL YEAR 2010 ACTIVITIES ANNUAL REPORt Other Housing Activities Every year the agency funds a number of housing-related activities that do not directly fall into any of the categories already mentioned in this annual report. In FY2010, the agency provided nearly $1.6 million for such activities, including: Technical assistance and planning grants to assist communities throughout Arizona with determining appropriate housing projects and ways to address local housing needs. The agency was proud to partner with the University of Arizona’s Drachman Institute and Arizona State University’s Stardust Foundation for a large part of these activities. Administrative funding for local governments and nonprofits operating housing programs through subcontract with the agency were provided. This assistance supported numerous local housing positions around the state, administering day-to-day activities related to homebuyer assistance programs, housing rehabilitation, rental assistance programs, and more. The agency supported a number of housing-related The agency continued to support a free on-line conferences from the University of Arizona’s Construc- web-based search engine, where low-income housetion in Indian Country to a number of local homeless holds looking for available, affordable rental units would conferences. In addition, in September 2009 the agency be able to find vacant, immediately available units sponsored its annual Governor’s Housing Forum held in statewide. This service provides a way for the public to Tempe where 400 housing advocates attended a myriad search for affordable units by location, size, rent amount, and amenities. of sessions on housing-related issues. Planning support was provided for all of Arizona’s Continuum of Care planning processes, including the rural Continuum administered by ADOH, as well as the Maricopa and Pima County Continuums. In September 2009 the agency sponsored its annual Housing Forum held in Tempe Funding was utilized to provide required federal match and support for the federally mandated Homeless Management Information System (HMIS), a database that tracks and reports on homeless assistance throughout the state. In addition to supporting the rural HMIS system administered by the agency, ADOH also provided support to the HMIS systems operated by Maricopa and Pima Counties. 8 ACTIVITIES FISCAL YEAR 2010 ANNUAL REPORt Through this funding, assistance was provided to nearly 198,000 individuals. Community Development Activities Aside from the numerous housing projects and resources provided to those individuals with low incomes, the agency has administered nearly $12 million in federal Community Development Block Grant (CDBG) and over $3 million in stimulus funds, allocated under the CDBG-R, for non-housing related activities, including infrastructure development, public works projects, emergency equipment needs, social service funding and a number of other community development-related activities. These funds were provided to rural county and city government in the 13 rural counties. Through this funding, assistance was provided to nearly 198,000 individuals. 9 FISCAL YEAR 2010 TABLES housinG Dollar coMMitMent bY actiVitY (non-stiMulus) ANNUAL REPORt Housing Dollar Commitment by Activity (NON-STIMULUS) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL S STATE F FEDERAL Community Development Block Grant HOME Investment Partnership Program Project Based Section 8 Section 8 Housing Choice Vouchers Housing Trust Fund HOPWA $157,000 $9,150,789 $6,555,887 $45,226,169 $1,010,070 New Construction - 8,400,789 3,906,116 - 194,641,570 - - Acquisition-Rehab 157,000 750,000 635,771 5,642,820 42,757,750 - - - Rental Assistance - - 2,014,000 - - 45,226,169 1,010,070 73,428 Homeownership $ 3,607,296 $1,980,000 - - - - - - New Development 215,000 - - - - - - Homeowner Rehab 3,392,296 1,980,000 - - - - Homeownership Assistance - - - - - Foreclosure Counseling - - - - $283,345 - $1,302,000 Eviction Prevention - - Development of Transitional - Development of Shelters Operating and Services S STATE F FEDERAL SHP Shelter Plus Care Total ADOH (Non-Stimulus) $73,428 $1,452,367 $7,607,112 $314,274,962 - - - $206,948,475 - - $49,943,341 1,452,367 7,607,112 $57,383,146 - - $5,587,296 - - - $215,000 - - - - $5,372,296 - - - - - - - - - - - - - - - - - $119,523 $904,950 - $2,609,818 17,000 - - - - 40,657 - - $57,657 - 750,000 - - - - - - - $750,000 283,345 - - - - - - - - - $283,345 - - 535,000 - - - - 78,866 904,950 - $1,518,816 $7,837,351 - $1,683,907 - - - - - $150,000 - $9,671,258 Other Housing Related - - 1,683,907 - - - - - 150,000 - $1,833,907 Other Eligible Non Housing CDBG Projects 7,837,351 - - - - - - - - - $7,837,351 $11,884,992 $11,130,789 $9,541,794 $45,226,169 $1,010,070 $192,951 $2,507,317 $7,607,112 $332,143,334 Low-Income Housing Tax Credit 4% Rental Homeless/Special Needs Other Total 9% $5,642,820 $237,399,320 $5,642,820 $237,399,320 10 FISCAL YEAR 2010 TABLES housinG Dollar coMMitMent bY actiVitY (stiMulus) ANNUAL REPORt Housing Dollar Commitment by Activity (STIMULUS) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING Rental S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL CDBG-R Neighborhood Stabilization Program (NSP) Homeless Prevention and Rapid Re-housing Program Tax Credit Assistance Program (TCAP) Tax Credit Exchange Program (TCEP) National Mortgage Foreclosure Counseling Program - - - $32,308,066 $33,717,490 S STATE S STATE F FEDERAL F FEDERAL Total ADOH (Stimulus) Total ADOH (Stimulus/Non- Stimulus) - $66,025,556 $380,300,518 New Construction - - - 28,356,482 33,717,490 - $62,073,972 $269,022,447 Acquisition-Rehab - - - 3,951,584 - - $3,951,584 $53,894,925 Rental Assistance - - - - - - - $57,383,146 Homeownership $2,309,962 $18,240,248 - - - $1,855,350 $22,405,559 $27,992,855 New Development - - - - - - - $215,000 Homeowner Rehab 2,309,962 - - - - - $2,309,962 $7,682,258 Homeownership Assistance - 18,240,248 - - - - $18,240,248 $18,240,248 Foreclosure Counseling - - - - - 1,855,350 $1,855,350 $1,855,350 Homeless/Special Needs - - $220,999 - - - $220,999 $2,830,817 Eviction Prevention - - 185,937 - - - $185,937 $243,594 Development of Transitional - - - - - - - $750,000 Development of Shelters - - - - - - - $283,345 Operating and Services - - 35,062 - - - $35,062 $1,553,878 $809,505 - $3,024 - - - $812,529 $10,483,787 Other Housing Related - - 3,024 - - - $3,024 $1,836,931 Other Eligible Non Housing CDBG Projects 809,505 - - - - - $809,505 $8,646,856 $3,119,466 $18,240,248 $ 224,023 $32,308,066 $33,717,490 $1,855,350 $ 89,464,643 $421,607,977 Other Total 11 FISCAL YEAR 2010 TABLES housinG Dollar coMMitMent bY actiVitY ANNUAL REPORt Housing Dollar Commitment by Activity ArizonA housing finAnCe AuthoritY ARIZONA HOUSING FINANCE AUTHORITY S STATE S STATE F FEDERAL F FEDERAL S STATE F FEDERAL S STATE S STATE F FEDERAL F FEDERAL MRB MCC Homes for Arizonans (AzHFA) Total all AzHFA Rental - - - - Rental $380,300,518 New Construction - - - - New Construction $269,022,447 Acquisition-Rehab - - - - Acquisition-Rehab $53,894,925 Rental Assistance - - - - Rental Assistance $57,383,146 Homeownership $5,141,251 $4,022,335 $1,309,075 $10,472,661 Homeownership $38,465,516 New Development - - - - New Development $215,000 Homeowner Rehab - - - - Homeowner Rehab $7,682,258 5,141,251 4,022,335 1,309,075 $10,472,661 Homeownership Assistance $28,712,909 Foreclosure Counseling - - - - Foreclosure Counseling $1,855,350 Homeless/Special Needs - - - - Homeless/Special Needs $2,830,817 Eviction Prevention - - - - Eviction Prevention $243,594 Development of Transitional - - - - Development of Transitional $750,000 Development of Shelters - - - - Development of Shelters $283,345 Operating and Services - - - - Operating and Services $1,553,878 Other - - - - Other Other Housing Related - - - - Other Housing Related $1,836,931 Other Eligible Non Housing CDBG Projects - - - - Other Eligible Non Housing CDBG Projects $8,646,856 $5,141,251 $4,022,335 $1,309,075 $10,472,661 Homeownership Assistance Total all ADOH/AzHFA $- Total Total $10,483,787 $432,080,638 12 FISCAL YEAR 2010 TABLES householDs assisteD W/housinG (non-stiMulus) ANNUAL REPORt Households Housing (NON-STIMULUS) (eXcluDesAssisted householDs With beneFittinG FroM non-housinG relateD cDbG actiVities) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL S STATE F FEDERAL Community Development Block Grant HOME Investment Partnership Program Project Based Section 8 Section 8 Housing Choice Vouchers Housing Trust Fund HOPWA 4% 9% Rental 18 267 443 211 1,797 7,938 167 New Construction - 264 180 - 1,429 - Acquisition-Rehab 18 3 13 211 368 Rental Assistance - - 250 - Homeownership 328 57 - New Development 5 - Homeowner Rehab 323 Homeownership Assistance Foreclosure Counseling S STATE F FEDERAL SHP Shelter Plus Care Total ADOH (Non-Stimulus) 14 354 829 12,038 - - - - 1,873 - - - - - 613 - 7,938 167 14 354 829 9,552 - - - - - - - 385 - - - - - - - - 5 57 - - - - - - - - 380 - - - - - - - - - - - - - - - - - - - - - - 1,040 - 588 - - - - 102 72 - 1,802 Eviction Prevention - - 25 - - - - 102 - - 127 Development of Transitional - - 48 - - - - - - - 48 Development of Shelters 1,040 - - - - - - - - - 1,040 Operating and Services - - 515 - - - - - 72 - 587 183,117 - 24 - - - - - - - 183,141 Other Housing Related - - 24 - - - - - - - 24 Other Eligible Non Housing CDBG Projects 183,117 - - - - - - - - - 183,117 184,503 324 1,055 211 1,797 7,938 167 116 426 829 197,366 Homeless/Special Needs Other Total Low-Income Housing Tax Credit 13 FISCAL YEAR 2010 TABLES householDs assisteD W/housinG (stiMulus) ANNUAL REPORt Households Housing (STIMULUS) (eXcluDesAssisted householDs With beneFittinG FroM non-housinG relateD cDbG actiVities) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL CDBG-R Neighborhood Stabilization Program (NSP) Homeless Prevention and Rapid Re-housing Program Tax Credit Assistance Program (TCAP) Tax Credit Exchange Program (TCEP) National Mortgage Foreclosure Counseling Program Rental - - - 994 285 New Construction - - - 789 Acquisition-Rehab - - - Rental Assistance - - - Homeownership 42 600 New Development - Homeowner Rehab S STATE S STATE F FEDERAL F FEDERAL Total ADOH (Stimulus) Total ADOH (Stimulus/Non- Stimulus) - 1,279 13,317 285 - 1,074 2,947 205 - - 205 818 - - - - 9,552 - - - 14,768 15,410 15,795 - - - - - - 5 42 - - - - - 42 422 Homeownership Assistance - 600 - - - - 600 600 Foreclosure Counseling - - - - - 14,768 14,768 14,768 Homeless/Special Needs - - 64 - - - 64 1,866 Eviction Prevention - - 64 - - - 64 191 Development of Transitional - - - - - - - 48 Development of Shelters - - - - - - - 1,040 Operating and Services - - - - - - - 587 13,029 - - - - - 13,029 196,170 Other Housing Related - - - - - - - 24 Other Eligible Non Housing CDBG Projects 13,029 - - - - - 13,029 196,146 Total 13,071 600 64 994 285 14,768 29,782 227,148 Other 14 FISCAL YEAR 2010 TABLES householDs assisteD W/housinG ANNUAL REPORt Households Housing (eXcluDesAssisted householDs With beneFittinG FroM non-housinG relateD cDbG actiVities) ArizonA housing finAnCe AuthoritY ARIZONA HOUSING FINANCE AUTHORITY S STATE S STATE F FEDERAL F FEDERAL S STATE F FEDERAL S STATE S STATE F FEDERAL F FEDERAL MRB MCC Homes for Arizonans (AzHFA) Total all AzHFA Rental - - - - Rental 13,317 New Construction - - - - New Construction 2,947 Acquisition-Rehab - - - - Acquisition-Rehab 818 Rental Assistance - - - - Rental Assistance 9,552 Homeownership 41 165 206 412 Homeownership 16,207 New Development - - - - New Development 5 Homeowner Rehab - - - - Homeowner Rehab 422 Homeownership Assistance 41 165 206 412 Homeownership Assistance 1,012 Foreclosure Counseling - - - - Foreclosure Counseling 14,768 Homeless/Special Needs - - - - Homeless/Special Needs 1,866 Eviction Prevention - - - - Eviction Prevention 191 Development of Transitional - - - - Development of Transitional 48 Development of Shelters - - - - Development of Shelters Operating and Services - - - - Operating and Services Total all ADOH/AzHFA 1,040 587 - Other - - - - Other Other Housing Related - - - - Other Housing Related 24 Other Eligible Non Housing CDBG Projects - - - - Other Eligible Non Housing CDBG Projects 196,146 Total 41 165 206 412 Total 227,560 196,170 15 FISCAL YEAR 2010 TABLES GeoGraphic Distribution FunDinG coMMitMents bY countY ANNUAL REPORt GEOGRAPHIC DISTRIBUTION FUNDING COMMITMENTS BY COUNTY (NON-STIMULUS) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL S STATE F FEDERAL Community Development Block Grant HOME Investment Partnership Program Project Based Section 8 Section 8 Housing Choice Vouchers Housing Trust Fund HOPWA 4% 9% Apache 231,489 - 154,105 - - - - Cochise 1,636,448 300,000 186,619 1,436,400 8,015,650 - Low-Income Housing Tax Credit S STATE F FEDERAL SHP Shelter Plus Care Total ADOH (Non-Stimulus) 8,660 202,815 - $597,069 - - 312,696 122,302 $12,010,115 Coconino 344,586 1,300,000 186,796 - 11,253,290 - - 30,899 579,255 - $13,694,826 Gila 1,416,723 1,000,000 198,570 833,000 10,869,740 - - 6,790 11,540 - $14,336,363 Graham 395,054 - 163,570 - - - - - 11,540 73,843 $644,007 Greenlee 100,000 - 148,570 - - - - - 11,539 - $260,109 La Paz 246,926 - 148,570 - - - - - 11,539 99,249 $506,284 - 2,312,335 6,794,830 698,250 112,724,130 - - - - 6,204,936 $128,734,481 Mohave 1,795,710 300,000 183,144 555,840 9,551,990 - - 94,546 203,306 - $12,684,536 Navajo 529,136 1,019,083 150,885 639,600 7,227,510 - - 4,822 140,947 - $9,711,983 Pima - - 424,031 953,530 45,677,930 - - - - 799,824 $47,855,315 Pinal 1,828,191 1,150,000 264,272 - - - - - 243,872 - $3,486,335 Santa Cruz 799,104 - 148,570 - - - - - 40,856 34,614 $1,023,144 Yavapai 1,412,883 2,469,371 216,142 526,200 28,038,080 - 1,010,070 47,234 539,029 - $34,259,009 Yuma 1,148,742 1,280,000 173,120 - 4,041,000 - - - 198,383 272,343 $7,113,588 - - - - 45,226,169 - - - - $45,226,169 Rural 11,884,992 8,818,454 2,322,933 3,991,040 78,997,260 - 1,010,070 192,951 2,507,317 602,351 $110,327,368 Urban - 2,312,335 7,218,861 1,651,780 158,402,060 - - - - 7,004,760 $176,589,796 $11,884,992 $11,130,789 $9,541,794 $45,226,169 $1,010,070 $192,951 $ 2,507,317 $7,607,111 $332,143,333 Maricopa Statewide (not tracked by county) Grand Total $ 5,642,820 $237,399,320 16 FISCAL YEAR 2010 TABLES GeoGraphic Distribution FunDinG coMMitMents bY countY GEOGRAPHIC DISTRIBUTION FUNDING COMMITMENTS BY COUNTY (STIMULUS) ArizonA DepArtment of housing ANNUAL REPORt ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL CDBG-R Neighborhood Stabilization Program (NSP) Homeless Prevention and Rapid Re-housing Program Tax Credit Assistance Program (TCAP) Tax Credit Exchange Program (TCEP) National Mortgage Foreclosure Counseling Program Apache 329,995 25,556 35,034 - - Cochise - 243,995 17,224 3,812,512 S STATE S STATE F FEDERAL F FEDERAL Total ADOH (Stimulus) Total ADOH (Stimulus/Non- Stimulus) 600 $391,185 $988,254 - 4,200 $4,077,931 $16,088,046 - 334,983 1,000 - 6,739,189 5,850 $7,081,022 $20,775,848 329,995 - - 2,900,000 - 1,150 $3,231,145 $17,567,508 Graham - 52,865 6,152 - - 1,500 $60,517 $704,524 Greenlee - - 923 - - - $923 $261,032 La Paz - - - - - - - $506,284 Maricopa - 6,804,332 - 11,021,709 5,904,559 1,264,100 $24,994,700 $153,729,181 Mohave 659,989 778,451 98,691 - 6,675,402 7,950 $8,220,483 $20,905,019 Navajo - 330,164 9,461 - 4,798,340 4,500 $5,142,465 $14,854,448 Pima - 5,381,744 - 2,635,429 9,600,000 399,300 $18,016,473 $65,871,788 Pinal 659,989 960,730 35,331 - - 129,450 $1,785,499 $5,271,834 Santa Cruz - 807,373 6,459 - - 14,250 $828,082 $1,851,226 Yavapai - 1,575,471 13,748 8,208,071 - 12,900 $9,810,190 $44,069,199 1,139,499 944,584 - 3,730,345 - 9,600 $5,824,028 $12,937,616 - - - - - - - $45,226,169 Rural 3,119,466 6,054,172 224,023 18,650,928 18,212,931 191,950 $46,453,470 $156,780,838 Urban - 12,186,076 - 13,657,138 15,504,559 1,663,400 $43,011,173 $219,600,969 $3,119,466 $18,240,248 $224,023 $32,308,066 $33,717,490 $1,855,350 $89,464,643 $421,607,976 Coconino Gila Yuma Statewide (not tracked by county) Grand Total 17 FISCAL YEAR 2010 TABLES GeoGraphic Distribution FunDinG coMMitMents bY countY ANNUAL REPORt GEOGRAPHIC DISTRIBUTION FUNDING COMMITMENTS BY COUNTY ArizonA housing finAnCe AuthoritY ARIZONA HOUSING FINANCE AUTHORITY S STATE S STATE F FEDERAL F FEDERAL S STATE F FEDERAL S STATE S STATE F FEDERAL F FEDERAL MRB MCC Homes for Arizonans (AzHFA) Total all AzHFA Apache - 208,184 53,039 $261,223 Apache $1,249,477 Cochise 248,100 944,261 258,651 $1,451,012 Cochise $17,539,058 Coconino 1,041,965 256,673 127,291 $1,425,930 Coconino $22,201,778 Gila 109,525 24,990 10,716 $145,231 Gila $17,712,739 Graham 119,121 124,504 35,646 $279,271 Graham Greenlee - - - - Greenlee $261,032 La Paz - - - - La Paz $506,284 Maricopa - - - - Maricopa $153,729,181 Mohave - 61,976 15,970 $77,946 Mohave $20,982,965 Navajo 421,831 362,994 116,659 $901,484 Navajo $15,755,932 Pima - - - - Pima $65,871,788 Pinal 1,000,313 229,645 114,710 $1,344,668 Pinal $6,616,502 - 79,268 20,095 $99,363 Santa Cruz $1,950,589 631,741 149,297 70,367 $851,406 Yavapai $44,920,604 1,568,655 1,580,542 485,930 $3,635,127 Yuma $16,572,743 - - - - Statewide (not tracked by county) $45,226,169 Rural 5,141,251 4,022,335 1,309,075 $10,472,661 Rural $167,253,499 Urban - - - - Urban $219,600,969 Santa Cruz Yavapai Yuma Statewide (not tracked by county) Grand Total - - - - $5,141,251 $4,022,335 $1,309,075 $10,472,661 Total all ADOH/AzHFA Grand Total $983,795 $432,080,637 18 FISCAL YEAR 2010 TABLES GeoGraphic Distribution, householDs ANNUAL REPORt GEOGRAPHIC DISTRIBUTION, HOUSEHOLDS BY COUNTY (NON-STIMULUS) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL S STATE F FEDERAL Community Development Block Grant HOME Investment Partnership Program Project Based Section 8 Section 8 Housing Choice Vouchers Housing Trust Fund HOPWA 4% 9% Apache 3,429 - 3 - - 74 - Cochise 18,572 6 3 21 124 267 Low-Income Housing Tax Credit S STATE F FEDERAL SHP Shelter Plus Care Total ADOH (Non-Stimulus) 9 58 - 3,573 - - 73 18 19,084 23 70 3 - 60 117 - 32 39 - 344 Gila 7,634 49 3 40 29 61 - 7 - - 7,823 Graham 5,319 - 27 - - 30 - - - 11 5,387 Greenlee 1,175 - 3 - - - - - - - 1,178 20,386 - 3 - - - - - - 16 20,405 - 73 962 11 892 5,436 - - - 633 8,007 Mohave 4,624 12 3 28 66 107 - 14 31 - 4,885 Navajo 11,689 9 3 6 50 92 - 5 47 - 11,901 Pima - - 30 85 299 1,143 - - - 112 1,669 Pinal 6,197 20 3 - - 202 - - 62 - 6,484 Santa Cruz 3,018 - 3 - - - - - 8 5 3,034 Yavapai 11,340 67 3 20 164 177 167 49 75 - 12,062 Yuma 91,097 18 3 - 113 232 - - 33 34 91,530 - - - - - - - - - - - Rural 184,503 251 63 115 606 1,359 167 116 426 84 187,690 Urban - 73 992 96 1,191 6,579 - - - 745 9,676 184,503 324 1,055 211 1,797 7,938 167 116 426 829 197,366 Coconino La Paz Maricopa Statewide (not tracked by county) Grand Total 19 FISCAL YEAR 2010 TABLES GeoGraphic Distribution, householDs ANNUAL REPORt GEOGRAPHIC DISTRIBUTION, HOUSEHOLDS BY COUNTY (STIMULUS) ArizonA DepArtment of housing ARIZONA DEPARTMENT OF HOUSING S STATE S STATE S STATE S STATE S STATE S STATE F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL F FEDERAL CDBG-R Neighborhood Stabilization Program (NSP) Homeless Prevention and Rapid Re-housing Program Tax Credit Assistance Program (TCAP) Tax Credit Exchange Program (TCEP) National Mortgage Foreclosure Counseling Program Apache 6 1 10 - - Cochise - 9 4 193 Coconino - 7 1 Gila 6 - - Graham - 2 1 Greenlee - - La Paz - Maricopa S STATE S STATE F FEDERAL F FEDERAL Total ADOH (Stimulus) Total ADOH (Stimulus/Non- Stimulus) - 17 3,590 - - 206 19,290 - 48 - 56 400 60 - - 66 7,889 - - - 3 5,390 1 - - - 1 1,179 - - - - - - 20,405 - 213 - 399 47 - 659 8,666 Mohave 12 25 22 - 38 - 97 4,982 Navajo - 11 3 - 32 - 46 11,948 Pima - 174 - 60 120 - 354 2,023 Pinal 12 40 11 - - - 63 6,547 Santa Cruz - 33 2 - - - 35 3,069 Yavapai - 48 9 202 - - 259 12,321 13,035 37 - 80 - - 13,152 104,682 - - - - - 14,768 14,768 14,768 Rural 13,071 213 64 535 118 - 14,001 201,691 Urban - 387 - 459 167 - 1,013 10,689 13,071 600 64 994 285 14,768 29,782 227,148 Yuma Statewide (not tracked by county) Grand Total 20 FISCAL YEAR 2010 TABLES GeoGraphic Distribution, householDs ANNUAL REPORt GEOGRAPHIC DISTRIBUTION, HOUSEHOLDS BY COUNTY ArizonA housing finAnCe AuthoritY ARIZONA HOUSING FINANCE AUTHORITY S STATE S STATE F FEDERAL F FEDERAL S STATE F FEDERAL S STATE S STATE F FEDERAL F FEDERAL MRB MCC Homes for Arizonans (AzHFA) Total all AzHFA Apache - 9 9 18 Apache 3,608 Cochise 2 38 40 80 Cochise 19,370 Coconino 6 7 13 26 Coconino Gila 1 1 2 4 Gila 7,893 Graham 1 4 5 10 Graham 5,400 Greenlee - - - - Greenlee La Paz - - - - La Paz Maricopa - - - - Maricopa 8,666 Mohave - 4 4 8 Mohave 4,990 Navajo 3 16 19 38 Navajo 11,986 Pima - - - - Pima 2,023 Pinal 9 11 20 40 Pinal 6,587 Santa Cruz - 4 4 8 Santa Cruz 3,077 Yavapai 5 6 11 22 Yavapai 12,343 Yuma 14 65 79 158 Yuma Statewide (not tracked by county) - - - - Rural 41 165 206 412 Rural 202,103 Urban - - - - Urban 10,689 41 165 206 412 Grand Total Total all ADOH/AzHFA Statewide (not tracked by county) Grand Total 426 1,179 20,405 104,840 14,768 227,560 21 FISCAL YEAR 2010 ANNUAL REPORt Arizona Department of Housing Arizona Housing Finance Authority Michael Trailor Director The Arizona Housing Finance Authority (AzHFA) was created in 2002 to provide the state of Arizona with a housing bonding authority dedicated to serving the 13 rural counties of the state 1110 W. Washington, Suite 310 Phoenix, Arizona 85007 MAIN 602-771-1000 TTY 602-771-1001 FAX 602-771-1002 www.azhousing.gov Title II of the Americans with Disabilities Act prohibits discrimination on the basis of disability in the programs of a public agency. Individuals with disabilities who need the information contained in this publication in an alternate format may contact the Arizona Department of Housing at (602) 771-1000 or our TTY number (602) 771-1001 to make their needs known. Requests should be made as soon as possible to allow sufficient time to arrange for the accommodation. CHAIRPERSON VICE CHAIRPERSON SECRETARY TREASURER Carol Parry Richard Houseworth Manuel T. Gonzalez Robert J. Gardiner Ross A. McCallister Paul C. DeSanctis Randall Pullen Corporate Social Responsibility Associates Capitol Bancorp, Ltd. Pinal County Northern Trust NA MC Companies Arizona Lending Specialists, LLC Oasis Partners, LLC Arizona Housing Commission The Arizona Housing Commission was created to serve as an advisory body to the Governor and to the Arizona Department of Housing. The Commission is comprised of 24 key decision-makers from private industry, community-based nonprofit housing organizations, and state, local and tribal governments. CHAIRPERSON VICE CHAIRPERSON Guy Mikkelsen Betty J. Villegas David Adame Jerry Anderson Reid Butler Kim Dorney Deb Drysdale Elias Helen Hudgens Ferrell Peter Herder Irv Hill Kelly Langford David Lembke R. Michael McQuaid Marty Moreno Kathy Pechman Roberto Ruiz Aneva J. Yazzie Bob Burns Kirk Adams Foundation for Senior Living Pima County Chicanos Por La Causa, Inc. Southern Arizona AIDS Foundation Butler Housing Company City of Phoenix Yuma Elementary School District BOTHANDS, Inc. Herder Companies Fleetwood Homes of Arizona Tucson Urban League Coldwell Banker Narico J. M. Management Company Town of Sahuarita National Bank of Arizona Ruiz Engineering Corporation Navajo Housing Authority President Arizona State Senate Speaker of the Arizona House of Representatives *Officer listings are as of June 30, 2010 22