Program Interaction with Other Programs. (e.g. other HFA programs) Borrowers may be considered for and receive more than one type of Hardest Hit Fund assistance through IHCDA. The total amount of assistance provided may not exceed $30,000.
Program Interaction with Other Programs. (e.g. other HFA programs) IHCDA manages the Homeless Prevention and Rapid Re-Housing Program (HPRP) funding for the balance of state Continuum of Care. IHCDA assessment tool for HPRP will incorporate screening for HHF eligibility for homeowners at risk of homelessness through foreclosure. HPRP administrators will be trained on eligibility requirements and screening for HHF. IHCDA also manages the Indiana Foreclosure Prevention Network (IFPN), which is a coalition of community service and housing-related organizations, government agencies, lenders, realtors, and trade associations that are actively addressing Indiana’s foreclosure crisis through a variety of methods. IHCDA anticipates contracting with some of the organizations which are providing IFPN counseling services to provide eligibility screening, intake and preliminary underwriting for HHF. Finally, IHCDA will work with DWD to coordinate efforts; for example, the availability of HHF for qualified unemployed persons may be noted in Unemployment Insurance benefit determination letters from DWD.
Program Interaction with Other Programs. (e.g. other HFA programs) Property will only be eligible for one IHCDA Hardest Hit Fund Program. SCHEDULE C PERMITTED EXPENSES Indiana One-time / Start-Up Expenses: Initial Personnel $0.00 Building, Equipment, Technology $89,000.00 Professional Services $120,000.00 Supplies / Miscellaneous $3,150.00 Marketing /Communications $175,000.00 Travel $10,000.00 Website development /Translation $175,000.00 Contingency $5,000.00 Subtotal $577,150.00 Operating / Administrative Expenses: Salaries $5,500,000.00 Professional Services (Legal, Compliance, Audit, Monitoring) $4,000,000.00 Travel $77,000.00 Buildings, Leases & Equipment $350,000.00 Information Technology & Communications $5,500,000.00 Office Supplies/Postage and Delivery/Subscriptions $312,639.00 Risk Management/ Insurance $0.00 Training $35,000.00 Marketing/PR $3,175,000.00 Miscellaneous $500,000.00 Subtotal $19,449,639.00 Transaction Related Expenses: Recording Fees $800,000.00 Wire Transfer Fees $258,260.00 Counseling Expenses File Intake $2,700,000.00 Decision Costs $7,700,000.00 Successful File $3,950,000.00 Key Business Partners On-Going $2,866,400.00 Subtotal $18,274,660.00 Grand Total $38,301,449.00 % of Total Award 13.50%
Program Interaction with Other Programs. (e.g. other HFA programs) Homeowners who received Indiana Hardest Hit Fund Unemployment Bridge Program assistance through IHCDA may also receive TAP assistance.
Program Interaction with Other Programs. (e.g. other HFA programs) Property will only be eligible for one IHCDA Hardest Hit Fund Program. SCHEDULE C PERMITTED EXPENSES Indiana One-time / Start-Up Expenses: Initial Personnel $0.00 Building, Equipment, Technology $89,000.00 Professional Services $120,000.00 Supplies / Miscellaneous $3,150.00 Marketing /Communications $175,000.00 Travel $10,000.00 Website development /Translation $175,000.00 Contingency $5,000.00 Subtotal $577,150.00 Operating / Administrative Expenses: Salaries $4,500,000.00 Professional Services (Legal, Compliance, Audit, Monitoring) $3,000,000.00 Travel $77,000.00 Buildings, Leases & Equipment $321,550.00 Information Technology & Communications $4,500,000.00 Office Supplies/Postage and Delivery/Subscriptions $182,260.00 Risk Management/ Insurance $0.00 Training $35,000.00 Marketing/PR $2,950,000.00 Miscellaneous $500,000.00 Subtotal $16,065,810.00 Transaction Related Expenses: Recording Fees $320,000.00 Wire Transfer Fees $234,400.00 Counseling Expenses File Intake $2,500,000.00 Decision Costs $7,500,000.00 Successful File $3,750,000.00 Key Business Partners On-Going $2,866,400.00 Subtotal $17,170,800.00 Grand Total $33,813,760 % of Total Award 13.51% Award Amount $250,259,462 SCHEDULE F HHF FIFTH ROUND FUNDING REALLOCATION MODEL This Schedule F describes a uniform model (the “Reallocation Model”) designed to maximize the utilization of the $2 billion made available under the HHF Program Fifth Round Funding. In general, the Reallocation Model reallocates unused Fifth Round funding to states participating in the HHF Program that meet certain defined criteria for utilization of HHF Program funds. The aggregate amount obligated under the Fifth Round Funding will not increase at any time.
