Code of Maine Rules › 99 - INDEPENDENT AGENCIES › 346 - MAINE STATE HOUSING AUTHORITY › Chapter 16 - LOW-INCOME HOUSING TAX CREDIT RULE › Appendix 346-16-C - Capital Needs Assessment Requirements

Current through 2024-29, July 17, 2024
1. The assessment must include a site visit, an interview
				  with the on-site property manager and maintenance personnel concerning prior
				  and pending repairs and improvements and existing or chronic physical
				  deficiencies, and a physical inspection of the interior and exterior of at
				  least 20% of the units and all other structures, facilities, systems and
				  components that will be part of the Project, including the following:
a)
Site, including without limitation
				  topography, drainage, pavement, curbing, walkways, sidewalks, parking,
				  accessible parking, accessible routes, landscaping, amenities, water, sewer,
				  storm drainage, and all utility lines;
b)
Structural systems and components, both
				  substructure and superstructure, including without limitation foundations,
				  exterior walls, balconies, porches, and stairways, exterior doors and windows,
				  chimneys and roofing;
c)
Interiors, including without limitation unit
				  and common area finishes and substrata (e.g. flooring, underlayment, carpeting,
				  plaster or drywall, wall coverings and paint condition), and unit and common
				  area kitchen finishes, cabinets, countertops and appliances, and unit and
				  common area bathroom finishes, fixtures and accessories, laundry facilities,
				  and common area lobbies and corridors; and
d)
Building systems, including without
				  limitation plumbing supplies and drainage, domestic hot water production,
				  heating, ventilating and air-conditioning production and distributions systems,
				  fuel storage and delivery systems, electrical power distribution and metering
				  systems, lighting controls and fixtures, smoke, fire and any other alarm
				  systems, fire protection systems, security systems, and elevators.
The capital needs assessment must specifically identify all
				  structures, systems, facilities, units and components that were inspected and
				  must include a concise overview of the physical and operational condition of
				  the existing housing and a detailed assessment of the expected useful life and
				  the remaining useful life of each structure, system, facility, unit and
				  component inspected. The assessment must also consider the presence of
				  environmental and other hazards, including without limitation, asbestos, lead
				  paint, mold, water damage and insect infestations.
2. The capital needs assessment must include a recommended
				  scope of work and a cost estimate to complete the scope of work that addresses
				  the following capital needs of the Project, without consideration of financial
				  feasibility:
a)
Correction of all violations of applicable
				  federal, state and local building, health and life safety codes and correction
				  of all deferred maintenance;
b)
Rehabilitation or replacement of all
				  structures, systems, facilities, units and components that have reached or
				  exceeded their useful lives or will reach their useful lives within 5
				  years;
c)
Rehabilitation of all units and common areas
				  and facilities to bring them into compliance with MaineHousing's Construction
				  Standards to the maximum extent feasible;
d)
Rehabilitation of the minimum number of units
				  and all common areas and facilities that are necessary to comply with the most
				  current requirements for new construction projects under applicable federal,
				  state and local accessibility laws, regulations, standards and guidance (which
				  include without limitation, Section 504 of the Rehabilitation Act of 1973,
				  HUD's housing regulations at 24 C.F.R. Part 8 and any accessibility standard
				  designated by HUD; Title II and Title III of the Americans with Disabilities
				  Act of 1990 and the 2010 Standards of Accessible Design; and if the Project
				  involves substantial rehabilitation, the Maine Human Rights Act, the Maine
				  Human Rights Commission's Chapter 8, Housing Regulations, and ANSI Standard
				  A117.1-2009); and
e)
Remediation and disposal of any environmental
				  or other hazards identified in the assessment.
3. The capital needs assessment must also identify any
				  structures, systems, facilities, units and components with a remaining useful
				  life of less than 30 years. The Application must include a plan for future
				  rehabilitation or replacement of any identified structure, system, facility,
				  unit and component with a useful life of less than 30 years that is not
				  included in the scope of work for the Project, including possible funding
				  sources, which will be considered in establishing the appropriate funding
				  amounts for the Project's reserve accounts.