Treasury Issues Second Round Hardest Hit Application Guidance; One Substantive Addition to Information Required, and a June 1st Application Deadline

Treasury guidance is HERE as MS Word doc.

Only significant difference I see from guidance provided to first round applicants is a new addition found on page 4 [Section Two "d"], which requires some additional targeting information at the COUNTY or MUNICIPAL level (NOT the Census Tract level):

d. Localization to help areas with concentrated economic distress – The HFA should provide detailed information about how the program will target counties or municipalities with high concentrations of economic distress. The HFA should identify those local areas to receive a substantial majority of the program funds, and should provide (to the extent available) statistics on unemployment or other metrics of economic distress in these areas.

Originally created and posted on the Oregon Housing Blog.