COBI 2015 - Housing Development

Overview
Issues
Background
Financials

Sources Uses

FY 2016 Appropriation

The Olene Walker Housing Loan Fund provides funding for acquisition, rehabilitation, or new construction of the highest quality housing possible at a reasonable cost to insure that low and moderate income residents of the state have access to affordable, safe, decent, and sanitary housing. Loans and other financial assistance are made for multiple family rental properties, single family rehabilitation and home ownership assistance and for special needs housing for the homeless. These and other activities assist in improving the availability and quality of housing for low income persons statewide.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $21,134,300 from all sources for Housing Development. This is a 0.1 percent increase from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $309,200 from the General/Education Funds, an increase of 3.4 percent from revised Fiscal Year 2015 estimates.

Staff Analysis

For the most recent completed fiscal year, the following information represents the purposes for which the money was used:

Housing Programs Detailed Purposes

Statute

Statutory Authority for the Olene Walker Housing Loan Fund is found in UCA 35A-8-503 to 508. The statute sets up the requirements for distribution of state and federal funds. Funding is utilized for loans, grants, and education as provided in statute.

Intent Language

HB0003: Item 87

Under Section 63J-1-603 of the Utah Code, the Legislature intends that General Fund appropriations provided by Item 33 Chapter 13 Laws of Utah 2014 for the Department of Workforce Services' Housing and Community Development line item not lapse at the close of Fiscal Year 2015. The amount of any nonlapsing funds shall not exceed $1,000,000. The use of any nonlapsing authority is limited to general funds appropriated by the Legislature for building projects.

SB0002: Item 79

The Legislature intends that the Department of Workforce Services report on the following performance measures for the Housing and Community Development line item: (1) Ending Chronic Homelessness - offer housing to all chronically homeless individuals who want to be housed (Target = 9% reduction per year), (2) Utilities Assistance for Low-income Households - Number of eligible households assisted with home energy costs (Target = 35,000 households), and (3) Weatherization Assistance - Number of low income households assisted by installing permanent energy conservation measures in their homes (Target = 800 homes) by January 1, 2016 to the Social Services Appropriations Subcommittee.

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Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
General Fund	281,300	279,200	287,100	295,900	297,200	0	297,200	8,600	305,800
General Fund, One-time	0	0	0	700	1,900	0	1,900	1,500	3,400
Federal Funds	1,446,600	305,600	509,500	437,300	20,806,300	0	20,806,300	18,800	20,825,100
Total	$1,727,900	$584,800	$796,600	$733,900	$21,105,400	$0	$21,105,400	$28,900	$21,134,300

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	654,700	429,800	554,800	648,000	461,700	(15,000)	446,700	53,400	500,100
In-state Travel	16,500	14,300	2,900	6,400	7,200	0	7,200	0	7,200
Out-of-state Travel	4,400	4,000	3,300	9,100	9,100	2,300	11,400	0	11,400
Current Expense	(202,500)	73,300	67,000	58,200	127,500	(4,000)	123,500	(25,400)	98,100
DP Current Expense	300	500	12,100	12,200	12,500	4,100	16,600	900	17,500
DP Capital Outlay	11,700	0	0	0	0	0	0	0	0
Other Charges/Pass Thru	1,242,800	62,900	156,500	0	20,487,400	12,600	20,500,000	0	20,500,000
Total	$1,727,900	$584,800	$796,600	$733,900	$21,105,400	$0	$21,105,400	$28,900	$21,134,300

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Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Budgeted FTE	9.27	9	9	5.90	9.90	0.10	10	0	10
Actual FTE	9.27	8.80	9.10	9.70	0	0	0	0	0

COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.