Grant Application - Carol Mount Peterson Residential Development Fund | OCCH

Carol Mount Peterson Residential Development Fund

Empowering Residents

The Ohio Capital Corporation for Housing (OCCH) board sets aside funds each year to award grants to nonprofits to help low-income residents reach their social, economic and educational potential. The grants will fund activities or expenditures to improve the lives of residents of properties affiliated with OCCH. This program is named in memory of Carol Mount Peterson who served as chair of the OCCH board of directors for many years.

The program, funded through OCCH retained earnings, gives OCCH the opportunity to give back to the residents. Through a competitive process, OCCH offers grants to sponsors to develop programs that enhance the educational and economic opportunities of residents. The Resident Development Fund supports activities designed to increase residents’ ability to live more satisfying and productive lives.

The following goals address the Resident Development Fund’s vision to support tenants:

Summer Camps & Enrichment
Youth Empowerment & Education
Senior Health & Wellness
Educational Advancement & Workforce Training

Since the inception of the Resident Development Fund in 1997, over 400 grants totaling more than $7 million have been awarded to partners affiliated with a property in which OCCH has an equity investment.

Grantee Resources

The following resources are intended to help recipients of Carol Mount Peterson Resident Development Fund (RDF) grants easily and effectively communicate grant activities.

Project Application & Guidelines

Documentation:

2020 OCIC Summer Camp Guide

2020 OCIC Summer Camp Application

2020 OCIC Summer Camp Application (Attachments)

2020 Resident Development Fund Application Waiver

2020 Resident Development Fund Owner Verification Form

2020 OCIC Consolidated Reporting Workbook

Information:

The Ohio Capital Impact Corporation (OCIC) is proud to award grants to partners leading initiatives that support aging adults, families with children, and persons with special and underserved needs residing in affordable housing communities where OCCH has investment. OCIC offers grants of up to $30,000 to partners engaging the youth of OCCH properties in summer camp and enrichment opportunities.

Eligibility:

Non-profit and for-profit partners of OCCH may apply. If the applicant is not the managing general partner (or managing member) of the property, then the applicant must obtain an owner’s letter specifically supporting the proposed program. Please see the link for the 2020 Resident Development Fund Owner Verification Form.

Properties in year 14 of the compliance period or beyond are not eligible for Resident Development Fund grants.

Summer Camp Deadlines:

Application Deadline: Friday, February 28, 2020

Summer Camp Award Announcements: April 2020

Budget Information

Documentation:

2020 OCIC Consolidated Reporting Workbook

Information:

Can I update the grant budget after it has received an award?
Yes, the grant budget can be updated after the grantee receives an award as long as the grant maintains the intent of the original award. In order to receive approval of an update to the budget, a Request for Change to Approved Grant and Budget Change Request Template must be submitted for consideration.

How do I revise my budget? Do I submit my revised budget to a specific contact?
In order to update a grant budget, partners will need to submit the Request for Change to Approved Grant and Budget Change Request Template to rdf@occh.org. The RDF committee will consider the request and communicate their final decision with the partner within a two week period.

All budget revisions need to be submitted to rdf@occh.org. If you would like to discuss changes prior to submitting the request form, contact the following:

Joe Pimmmel – jpimmel@occh.org, 614-224-8446

When am I required to submit a Budget Change Request Form?
A Request for Change to Approved Grant and Budget Change Request Template must be submitted whenever there are changes to the budget including anything in excess of $250 dollars, a service provided and a service provider.

Do I ever need to use the information provided in my final approved budget?
Yes. The final approved budget will be used to populate the invoice submitted for reimbursement. The line items listed on the invoice documentation must match the final approved budget.

Invoicing & Financial Reporting

Documentation:

Resident Development Fund – Invoice for Reimbursement

Information:

Are funds only available on a reimbursement basis?
The funds are only available on a reimbursement basis unless a waiver is granted by the RDF Committee.

When and where do I submit invoicing for reimbursement?
Invoicing can be submitted anytime during the grant period as long as the invoice is for at least $500 or more. The Invoice for Reimbursement template provided by OCIC should be submitted along with supporting documentation. The documentation can be submitted either via email at rdf@occh.org or to Ohio Capital Impact Corporation, 88 East Broad Street, Columbus, Ohio 43215.

When am I required to submit a Budget Change Request Form
A Request for Change to Approved Grant and Budget Change Request Template must be submitted whenever there are changes to the budget including anything in excess of $250 dollars, a service provided and a service provider.

How do I properly fill out my invoice?
Please see the Invoice for Reimbursement template for instructions.

What supporting documentation is required?
Grantees must submit the back-up documentation substantiating any requests for reimbursement. Please highlight and annotate any receipts, invoices, etc. which are not straight forward and easily interpreted.

How long will it take to be reimbursed?
Please allow between 2 and 3 weeks for the reimbursement check to arrive.

Can I repurpose any remaining funds after grant activities and outcomes are achieved?
We generally do not support the repurposing of any remaining funds.

Grant Changes

Documentation:

2020 OCIC Consolidated Reporting Workbook

Information:

Can I make changes to the approved grant?
Any changes to approved grants must be approved by the RDF Committee. Please submit a Request for Change to Approved Grant form with all appropriate information provided.

What if my grant timeline changes?
A Request for Change to Approved Grant and Timeline Change Request Template will need to be submitted for any grant timeline changes. This helps with grant management and partner communication.

Project Communication & Press Releases

Documentation:

2020 OCIC Consolidated Reporting Workbook

Information:

When should I submit my project progress report?
A progress report should be submitted approximately halfway through the grant period and at the end of the grant period.

Do I need to submit any supplemental documentation with my progress report?
We appreciate receiving any photographs, testaments, published articles, etc. related to the grant.

What does it mean to be an “Impact Investor”?
An Impact Investor is an investor with Ohio Capital Corporation for Housing who has opted to contribute a portion of their earnings to specific grants awarded through the Ohio Capital Impact Corporation. You will be notified if your project has been selected to be funded by an Impact Investor.

When would I need to contact an Impact Investor associated with my project?
The Ohio Capital Impact Corporation will let you know if a specific Impact Investor has decided to fund your grant. If your grant is funded by an Impact Investor, we would request any communication of this award to others reference the impact investor and their commitment to the communities they serve. You would also want to communicate them with any upcoming events, photo opportunities, publications, etc.

OCIC will provide the contact information for the Impact Investor if applicable to your project. We ask that ALL grant administration questions or concerns be directed to OCIC and not to the Impact Investor.

Who should I contact to inform of scheduled events or of a press release related to the grant?
Contact rdf@occh.org to inform of any scheduled events or press releases.

Resident Development Fund Featured Projects

Features previous, impactful RDF grants providing examples of best practices.

ERH and OCIC Partner to Support Senior Health and Wellness

Highland County CAO and OCIC Provide Experiences for Resident Youth

Over-the-Rhine Community Housing and Ohio Capital Impact Corporation Partner to Support Youth Development

Homeport, Boys and Girls Club, and OCIC Provide Youth Opportunity (July)

Daybreak, OCIC, and Key Bank Partner to Make a Difference (June)