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The following is a brief overview of available employment and income supports for grantees to consider, along with suggested processes that can help grantees identify opportunities for new income and employment partnerships. SSVF Program Income and Employment Support Review . Step 1: Brief Self-Assessment of Current Income Navigation Efforts
There is a table in each VA RFA that indicates whether the files below are required, and lists the page limits for each. Always refer to this table for definitive requirements and limits. • Some files (listed in bold type below) have very specific name requirements that cannot be changed.
The SSVF Interim Rule published on November 10, 2021, allows grantees to set their Shallow Subsidy rate up to 50% of rent on a unit that is deemed rent reasonable. Grantees must use the same percentage for all Veteran households served by their program.
Review the ORD “Revised Budget Submission Process: A Step-by-Step Guide” cyberseminar if you are unfamiliar with the budget format or need a refresher: https://vaww.research.va.gov/funding/ord-021116.cfm. Draft budget early and take time to fine tune. Total project budget may not exceed $1.2 million and project duration is limited to 4 years.
Please note that to be eligible for a renewal grant under the SSVF Program, the applicant must have received a supportive services grant award in the previous fiscal year. See 38 CFR 62.2 AND CFR 62.11 for definitions of the terms contained throughout the application.
Complete and up-to-date information on Other Support is required for all applications prior to receiving VA-ORD funding. Compile this information by updating Other Support for each of the Key Personnel and then upload a single combined file for all of the Key Personnel into the Just-in Time (JIT) Document Manager.
Requirements By law, VA may only guarantee a loan when it is possible to determine that the Veteran is a satisfactory credit risk, and has present or verified anticipated income that bears a proper relation to the anticipated terms of repayment. VA’s underwriting standards are incorporated into VA regulations at
