Small Rental Development Program (SRDP)
Funds for rental applications will be available during the SRDP funding cycle on May 29-31, 2019. SC Housing has committed the following funding sources for this cycle:
- SC Housing Trust Fund – up to $13,500,000
- National Housing Trust Fund – up to $5,700,000
- HOME – up to $4,000,000
No less than $1,100,000 of the $4,000,000 in HOME funds will be set aside for SC Housing designated Community Housing Development Organizations (CHDOs). Funding sources other than those committed by SC Housing will be needed only if market-rate units are part of the development.
Final determinations of whether an applicant will receive repayable loans, forgivable loans, or a combination of both will be determined during the underwriting analysis. Repayable loans will have an interest rate ranging from zero to three percent (0% - 3%), and loan terms will typically be dependent on the funding programs affordability period. SC Housing reserves the right to reduce or increase funding sources during the underwriting process.
The SRDP Application submission deadline is Friday, May 31, 2019 at 5:00 p.m.
SRDP Application and M-35 Construction Cost Addendum
Bulletin #1 - 3.22.2019
Bulletin #2 - 4.16.2019
Exhibit 1: 2019 SRDP Application Tab Checklist
Exhibit 2: Staff Members
Exhibit 4: Site and Neighborhood Standards (sample letter)
Exhibit 5: Board of Directors Information
Exhibit 7: Site Services Distance Form
Exhibit 8: Form of CPA Final Allocation Certification Letter
Exhibit 9: Consultant Certification Form
Exhibit 10: Primary Appraiser Certification Letter (PDF)
Exhibit 10: Primary Appraiser Certification Letter (WORD)
M-5 Audit Requirements Certification Form
M-7B Lead-Safe Housing Rule Applicability Form
M-34 Experience Certification
M-36 Construction Design Certification
M-40 Site and Neighborhood Standards Certification
M-43 Marketing Outreach
M-47 Previous Participation Certification
M-52 Notice to Seller
SRDP-10 Conflict of Interest Certification
Approved Market Study Providers
2019 SRDP Market Needs Assessment Guidelines
Approved Environmental Consultant List
Public Comments and Responses
SRDP-1 Notice of Awards
SRDP-2 Loan Closing Request
SRDP-3 Audit Requirements Certification
SRDP-4 Section 3 Applicability
SRDP-5 Inspection Request
SRDP-6 Contract Submittal
SRDP-7 Contract Provisions
SRDP-8 Debarment Certification
SRDP-9 SC Illegal Immigration Reform Act Certification
SRDP-10 Conflict of Interest Certification
SRDP-11 Byrd Anti-Lobbying Certification
SRDP-12 Certification of a Section 3 Business
SRDP-12A Section 3 Guidance for Contractors
SRDP-13 Change Order Request
SRDP-14 Unit Designation
SRDP-15 Disbursement Request
SRDP-16 Section 3 Annual Report (HUD 60002)
SRDP-17 MBE/WBE Annual Report (HUD 2516)
SRDP-18 Quarterly Report
SRDP-19 Placed-in-Service Application Checklist
SRDP-20 Rental Project Completion Report
2018 SRDP Point Scores
2018 SC Annual Action Plan - FINAL - Pending Approval
2018 SRDP Application List
SRDP Bulletin #3
SRDP Bulletin #2
SRDP Bulletin #1
Small Rental Development Program Manual - FINAL 3/8/2018
SRDP Application - Updated 4/20/2018
Exhibit 1 - Checklist
Exhibit 5 - Board of Directors Information
M-47 - Previous Participation Certification
Exhibit 2 - Staff Members Information
M-34 - Experience Certification
M-36 - Construction Design Certification - Updated 4/23/2018
M-7B - Lead Safe Housing Applicability
M-52 - Notice to Seller
Exhibit 7 - Site Services Distances Form
M-40 - Site and Neighborhood Standards
Exhibit 4 - 24 CFR 983.57(e) Letter Template
M-43 - Marketing Outreach
Public Comments and Responses
Approved Market Study Providers
Needs Assessment Report Guidelines
Approved Environmental Consultant List
Questions regarding the Small Rental Development Program (SRDP) can be directed to Jennifer Cogan in the Housing Development Division at 803.896.9824.