Project Schedule
| Revitalization Activity |
Date |
HUD Timeliness Requirement |
|---|
| Developer procured |
February 15, 2006 |
|
| Submit HOPE VI Grant Application |
July 10, 2006 |
|
| HOPE VI Grant Award |
September 15, 2006 |
Date provided by HUD* |
| HOPE VI Grant Agreement execution |
November 15, 2006 |
|
| Begin case management HUD Request for Supplemental Submissions |
December 15, 2006 |
Start within 30 days of Grant Agreement execution |
| Submit CSS work plan to HUD |
February 15, 2007 |
Due within 90 days of Grant Agreement execution |
| Submit Supplemental Submissions to HUD |
March 15, 2007 |
Due within 90 days from the date of HUD's written request |
| HUD approval of Supplemental Submissions |
April 15, 2007 |
|
PHASE I
FHA Loan/HOPE VI Rental (Fairgrounds) |
| Finalize purchase of site per option |
November 15, 2006 |
|
| Complete Zoning Approval |
November 15, 2006 |
|
| Submit MF Proposal/Term Sheet to HUD |
July 10, 2006 |
Due within 12 months of Grant Award (September 15, 2007) |
| MF closing |
June 1, 2007 |
Due within 15 months of Grant Award (December 15, 2007) |
| Construction start |
June 1, 2007 |
Start within 12 months of HUD approval of Supplemental Submission (April 15, 2008) - not to exceed
18 months from Grant Agreement execution (May 15, 2007) |
| Construction completion |
July 1, 2008 |
|
| Lease-up complete |
November 1, 2008 |
|
PHASE II
Market Rate/HOPE VI Homeownership (Fairgrounds) |
| Finalize purchase of site per option |
November 15, 2006 |
|
| Complete Zoning Approval |
November 15, 2006 |
|
| Submit Homeownership Plan to HUD |
January 31, 2008 |
|
Begin Homeownership
Pre-sales |
April 1, 2008 |
|
| Construction start |
July 1, 2008 |
|
| Construction completion |
October 31, 2010 |
|
PHASE III
FHA Loan/HOPE VI Rental (Magnolia Gardens) |
| Relocation Plan complete |
July 1, 2006 |
|
| Begin Resident Relocation |
June 1, 2008 |
|
| Submit MF Proposal/Term Sheet to HUD |
December 1, 2008 |
|
| Complete Resident Relocation |
November 1, 2008 |
|
| MF closing |
March 1, 2009 |
|
| Construction start |
March 1, 2009 |
|
| Construction completion |
April 1, 2010 |
Due within 48 months of HUD Approval of Supplemental Submission (April 15, 2011) - not to exceed
54 months from Grant Agreement Execution (April 15, 2011) |
| Lease-up complete |
October 1, 2010 |
|
* Based on date provided by HUD on page 18498 of the NOFA |
Beaumont Housing Authority
1890 Laurel
Beaumont, TX 77701
phone: 409.951.7200
fax: 409.951.7276
|
