Federal Register - February 2, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 20 / Tuesday, February 2, 2021 / Notices The leverage ratio is multiplied by 10
to determine the points value for this section. Using the above leverage ratio, this would be 5.167 x 10, which equates to 51.67 score points for leverage.
A score point for leverage of more than zero but less than one will be rounded to one point. A score point for leverage of zero or less will not receive any points. There is no maximum amount of score points for leverage. All score points for leverage will be rounded to two decimal places.
Donated land must meet the requirements of 7 CFR 3560.56c1iv.
Land that has been donated and received points in the scoring process as donated land may not be considered an equity contribution nor may a return on the value of the land be allowed.
2 The presence of operational cost savings, such as tax abatements, nonRHS tenant subsidies or donated services are calculated on a per-unit cost savings for the sum of the savings.
Savings must be available for at least five years and documentation must be provided within the pre-application demonstrating the availability of savings for five years. To calculate the savings, take the total amount of savings and divide it by the number of units in the project that will benefit from the savings to obtain the per-unit cost savings. For non-RHS tenant subsidy, if the value changes during the five-year calculation, the applicant must use the lower of the non-RHS tenant subsidy to calculate per-unit cost savings. For example, a 10unit property with 100 percent designated farm labor housing units receiving $20,000 per year non-RHS
subsidy yields a cost savings of $100,000 $20,000 5 years; resulting in a $10,000 per-unit cost savings $100,000/10 units.
Use the following table to apply points:
Per-unit cost savings
Points
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Above $15,000
$10,001$15,000
$7,501$10,000
$5,001$7,500
$3,501$5,000
$2,001$3,500
$1,000$2,000
50
35
20
15
10
5
2
Documentation must be provided within the pre-application that verifies the presence of operational cost savings.
RHS will not be providing excess assistance to the project. This is determined by conducting a subsidy layering review and underwriting prior to the obligation of funds.
3 Ten points will be awarded to projects in Opportunity Zones. An Opportunity Zone is an economically
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distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S.
Treasury via his delegation of authority to the IRS. See https www.irs.gov/
newsroom/opportunity-zonesfrequently-asked-questions for more information. Documentation must be provided within the pre-application that verifies the property is within an Opportunity Zone.
4 Points will be allocated for the presence of tenant supportive services.
Two points will be awarded for each tenant service included in the tenant supportive services plan up to a maximum of 10 points. The plan must describe the proposed supportive services, including a description of the public or private funds that are expected to fund the proposed services as well as the way the services will be delivered, who will administer them, and where they will be administered. All tenant service plans must include letters of intent that clearly state the service that will be provided at the project for the benefit of the residents from any party administering each service, including the applicant. These services may include, but are not limited to, transportation related services, on-site English as a Second Language classes, move-in funds, emergency assistance funds, homeownership counseling, food pantries, after school tutoring, and computer learning centers. The proposed supportive services plan must describe how the services will meet the identified needs of the tenants and how the services will be provided on a consistent, long-term basis to support the tenants. The plan must clearly state how the services will be funded. RA
may not be used to pay for these services.
5 Points will be allocated for Energy initiatives the aggregate points for all the Energy Initiative categories may not exceed 20 points.
Properties may receive points for energy initiatives in the categories of energy conservation, energy generation, water conservation and green property management. Properties may earn energy initiative points for new construction.
National energy programs including the U.S. Green Building Councils Leadership in Energy and Environmental Design LEED National Association of Homebuilders 2020 ICC
700 National Green Building Standard, U.S. Department of Energy DOE Zero
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Energy Ready Homes, International Living Future Institutes Living Building Challenge, U.S. Environmental Protection Agency EPA Energy Star for Homes, Passive House Institutes PHIUS
+, Enterprise Community Partners Green Communities, and local energy conservation programs, will each have an initial checklist indicating prerequisites for participation in its energy program. The applicable energy program checklist will establish whether prerequisites for the energy programs participation will be met. All checklists must be accompanied by a signed affidavit by the project architect or engineer stating that the goals are achievable, and the project has been enrolled in these programs if enrollment is applicable to that program. These programs evolve and newer versions are published, sometimes annually. Projects must participate in the current version of the programs and must consult with the program provider for the most current, applicable and available programs for their project location. In addition, projects that apply for points under the energy generation category must include calculations of savings of energy. Compare property energy usage of three scenarios: 1 Property built to required code of state with no renewables, to 2 property as-designed with commitments to stated energy conservation programs without the use of renewables and 3 property asdesigned with commitments to stated energy conservation programs and the use of proposed renewables. Use local average metrics for weather and utility costs and detail savings in kWh and dollars. Provide payback calculations.
These calculations must be done by a licensed engineer or credentialed renewable energy provider. Include with the application, the provider/
engineers credentials including qualifications, recommendations, and proof of previous work. The checklist, affidavit, calculations, and qualifications of the engineer/energy provider must be submitted together with the pre-application.
Enrollment in EPA Portfolio Manager Program. All projects awarded scoring points for energy initiatives must enroll the project in the EPA Portfolio Manager program to track post-construction energy consumption data. More information about this program may be found at: http www.energystar.gov/
buildings/facility-owners-andmanagers/existing-buildings/useportfolio-manager.
i Energy Conservation for New Construction. Projects may be eligible for scoring points when the preapplication includes a written
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