The State demonstrates its commitment to civil rights through its policies, procedures and practices. These are conveyed to each recipient city, county and business through workshop participation, contractual language, management guide instructions and technical assistance. Through project monitoring, IDED reviews each recipient’s civil rights performance. IDED designates a member to oversee the civil rights compliance program. When a grant is awarded, the recipient is informed it must comply with IDED civil rights requirements. Normal monitoring procedures include the review of civil rights compliance of each grant recipient. If noncompliance is indicated, further actions are taken. No instances of noncompliance were noted in 2006. Equal Employment Commission EEO-4 The Iowa Department of Personnel maintains EEOC EEO-4 form data for IDED. PART D: HOME This section addresses several compliance issues related to the HOME program. 1. Results of On-site Inspections IDED performed on-site inspections (or contracted with USDA for on-site inspections) of 48 HOME-funded projects during 2006. inspections revealed only minor instances of with housing codes or other regulations. The field staff members responsible for monitoring these projects report that there have been no significant instances of non-compliance. 2. Private Sector Participation The State has made every effort to maximize the private sector participation of nonprofit and organizations in the financing, development, rehabilitation and management of affordable housing. IDED markets its programs directly to potential private investors, including developers and investors. In reviewing project applications, IDED attempts to ensure the maximization of private financing resources before committing HOME gap financing. The State expects projects to meet departmental standards both limiting the owner's rate of return and regarding the maintenance of a proper debt coverage ratio throughout the required period of affordability. Projects are, when possible, renegotiated to contain a greater share of local private sector funds. In FY 06, over percent (69.4 %) of HOME funds were awarded to for-profit organizations or individuals. 3. In FY 06, over seven percent (7.3 %) of the State’s HOME funds were awarded to CHDOs. There are 30 certified CHDOs in the State (some certified by IDED, others certified by entitlement cities). 4. Tenant Assistance/Relocation
The State demonstrates its commitment to civil rights through its policies, procedures and practices. These are conveyed to each recipient city, county and business through workshop participation, contractual language, management guide instructions and technical assistance. Through project monitoring, IDED reviews each recipient’s civil rights performance. IDED designates a member to oversee the civil rights compliance program. When a grant is awarded, the recipient is informed it must comply with IDED civil rights requirements. Normal monitoring procedures include the review of civil rights compliance of each grant recipient. If noncompliance is indicated, further actions are taken. No instances of noncompliance were noted in 2006. Equal Employment Commission EEO-4 The Iowa Department of Personnel maintains EEOC EEO-4 form data for IDED. PART D: HOME This section addresses several compliance issues related to the HOME program. 1. Results of On-site Inspections IDED performed on-site inspections (or contracted with USDA for on-site inspections) of 48 HOME-funded projects during 2006. inspections revealed only minor instances of with housing codes or other regulations. The field staff members responsible for monitoring these projects report that there have been no significant instances of non-compliance. 2. Private Sector Participation The State has made every effort to maximize the private sector participation of nonprofit and organizations in the financing, development, rehabilitation and management of affordable housing. IDED markets its programs directly to potential private investors, including developers and investors. In reviewing project applications, IDED attempts to ensure the maximization of private financing resources before committing HOME gap financing. The State expects projects to meet departmental standards both limiting the owner's rate of return and regarding the maintenance of a proper debt coverage ratio throughout the required period of affordability. Projects are, when possible, renegotiated to contain a greater share of local private sector funds. In FY 06, over percent (69.4 %) of HOME funds were awarded to for-profit organizations or individuals. 3. In FY 06, over seven percent (7.3 %) of the State’s HOME funds were awarded to CHDOs. There are 30 certified CHDOs in the State (some certified by IDED, others certified by entitlement cities). 4. Tenant Assistance/Relocation
2006_CAPR_draft.docx