Training and Technical Assistance for State Appraiser Regulatory Agencies

 

The objectives of this federal assistance are to expand and provide training and technical assistance to agencies that regulate real estate appraisers in their states. This includes curriculum development and training to increase professional competency in the management and regulation of appraiser programs and improvements/expansion of the appraiser and appraiser management company complaint processes, investigations, and enforcement activities.

General information about this opportunity
Last Known Status
Active
Program Number
38.008
Federal Agency/Office
Federal Financial Institutions Examination Council Appraisal Subcommittee
Type(s) of Assistance Offered
B - Project Grants
Program Accomplishments
Not applicable.
Authorization
Title XI of the Financial Institution Reform, Recovery and Enforcement Act (FIRREA), Part Title XI § 1109 (b)(5)
This announcement and awards under this program are authorized under Title XI of the Financial Institution Reform, Recovery and Enforcement Act (FIRREA), Title XI § 1109 (b)(5), 12 U.S.C. 3338. Provisions under this title allow the Appraisal Subcommittee (ASC) to award grants to improve state appraisal regulatory processes and advance the appraisal industry with high-quality, impact-oriented programming.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Non-profit and for-profit organizations with experience and background in training and curriculum development are eligible to apply.
Beneficiary Eligibility
State appraiser regulatory agencies will be the recipients of the training and technical assistance provided through this federal assistance.
Credentials/Documentation
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Applicants will submit a standard Application for Federal Assistance (SF424) and a standard Budget Form (SF424A).
Award Procedure
ASC staff will review the applications based on the identified criteria to select the most highly qualified organization and prepare a recommendation for the ASC Board. The ASC may need to adjust the scope of the planned activities and the budget to meet limitations that may apply. The ASC Board will make final decisions on the recipient of the cooperative agreement. Upon approval by the ASC Board, the ASC Executive Director will issue the signed grant award.
Deadlines
Applications must be received by November 12, 2020. Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
From 30 to 60 days.
Appeals
From 30 to 60 days. The ASC will allow applicants that are not approved to appeal a decision and request information on why the application was not accepted.
Renewals
More than 180 days. Awardees will apply for non-competitive renewal each year for the five-year period of the agreement. Funds for succeeding years will be based on progress towards objectives and availability of funds.
How are proposals selected?
Organization Capacity. The extent to which the narrative demonstrates the applicant's experience working with state regulatory bodies and understanding of needs of states; experience developing and delivering quality training to the target population, organization's capacity to oversee and monitor the program, including to provide facilities, equipment, and other resources in support of the program and the organization's capacity to ensure both financial and programmatic compliance and accountability with rules and regulations. 30 points. Needs/Problem Statement. The extent to which the application articulates current challenges facing the appraiser regulatory field as well as plans for additional discovery/research to identify both existing and future issues that could require robust training and technical assistance through this initiative. 20 points. Proposed Plan. The quality of the initial plan to address identified challenges and objectives, including plans for staffing, course development and administration, processes for working closely with ASC in development of this initiative, use of program evaluation and research to develop new training topics/curricula. The narrative should include plans to evaluate the effectiveness of the program and ensure high-quality products and services. 40 points. Budget and Cost Effectiveness. The extent to which the budget narrative aligns with the program design and demonstrates an understanding of what is needed to meet the project objectives. The cost effectiveness of proposed solutions including anticipated revenue from course offerings paid by State grant funds. 10 points.
How may assistance be used?
Funds can be used to cover the costs of personnel, supplies, equipment, travel, consultants, administrative costs, and other costs to develop curricula, provide training and meet the objectives established under the cooperative agreement.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Not applicable.
Records
The ASC requires records as mandated in 2 CFR 200.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
This cooperative agreement will be for three years with funding provided on an annual basis. The project period is January 1, 2021 – September 30, 2023. The recipient will have an account in the Payment Management System operated by the U.S.Dept. of Health and Human Services and will draw down funds from the account as they are expended.
Who do I contact about this opportunity?
Regional or Local Office
None/Not specified.
Headquarters Office
Regeane Frederique
The Appraisal Subcommittee
Washington, DC 20005 USA
Grants@asc.gov
Phone: 202-792-1168
Website Address
https://www.asc.gov/Grants.aspx
Financial Information
Account Identification
36-2502-6-0-002
Obligations
(Cooperative Agreements (Discretionary Grants)) FY 22$997,489.00; FY 23 est $585,000.00; FY 24 est $0.00; FY 19$0.00; FY 20 est $350,000.00; FY 21 est $350,000.00; -
Range and Average of Financial Assistance
A total of $2,000,000 is available for this program over a five-year grant period with $350,000 available for the first year. The ASC anticipates awarding one grant under this NOFA.
Regulations, Guidelines and Literature
Not applicable.
Examples of Funded Projects
Not applicable.

 



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