FHA Technical Assistance Training - Transformation Initiative

The purpose of this requirement is to provide training for direct technical assistance to FHA"s industry partners in the areas of Originations, Compliance and Servicing to give a comprehensive and consistent understanding of policies, procedures, and goals with respect to FHA"s SF mortgage insurance
programs and RESPA requirements; and to mitigate counterparty risk to the FHA insurance fund.

Agency - Department of Housing and Urban Development

The Department of Housing and Urban Development's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. HUD fulfills this mission through high ethical standards, management and accountability, and by forming partnerships with community organizations.

Website Address

http://www.hud.gov




Program Accomplishments

Not Applicable.

Uses and Use Restrictions

Funds available for technical assistance of capacity building.

Eligibility Requirements

Applicant Eligibility

Technical assistance and capacity building.

Beneficiary Eligibility

FHA industry partners.

Credentials/Documentation

No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. Direct 8(a) award to qualified vendors.

Award Procedures

Direct 8(a) award to qualified vendors.

Deadlines

Not Applicable.

Authorization

Consolidated Appropriations Act, Title 2010, Part 111-117.

Range of Approval/Disapproval Time

1 year contract award.

Appeals

Not Applicable.

Renewals

2 one-year option periods.

Assistance Considerations

Formula and Matching Requirements

Statutory formulas are not applicable to this program.
Matching requirements are not applicable to this program.
MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance

The contract term is one year with 2 one-year options. See the following for information on how assistance is awarded/released: Monthly invoicing to receive firm-fixed price contract award.

Post Assistance Requirements

Reports

monthly status reports with invoicing required.

monthly status reports with invoicing required.

monthly status reports with invoicing required.

monthly status reports with invoicing required.

Bi-annual reporting required.

Audits

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Bi-annual progress reporting as well as overall contractual monitoring by GTM, GTR and contracting officer.

Records

Overall vendor performance and deliverable records.

Financial Information

Account Identification

86-0402-0-1-451.

Obigations

(Training) FY 09 $0; FY 10 est $3,200,000; FY 11 est $0

Range and Average of Financial Assistance

No Data Available.

Regulations, Guidelines, and Literature

Not Applicable.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Jane E. Hall, 1670 Broadway, Denver, Colorado 80202 Email: jane.e.hall@hud.gov Phone: (303) 672-5244.

Criteria for Selecting Proposals

Not Applicable.


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