RECOVERY--D--323342 - HOMEOWNERS ASSISTANCE PROGRAM

RECOVERY - PER FAR 5.7 THIS NOTICE IS PROVIDED FOR INFORMATION PURPOSES ONLY; THEREFORE FAR 5.203 DOES NOT APPLY. THIS OPPORTUNITY WAS AVAILABLE ONLY TO CONTRACTOR(S) UNDER: GS-23f-0020U This contract action was accomplished using other than competitive procedures because there is an unusual and compelling urgency and a delay in award would result in serious injury, financial or other, to the Government (FAR 6.302-2). See posted J&A for further information. AUTOMATED VALUATION MODEL REPORTS - The American Recovery and Reinvestment Act (ARRA) of 2009 expanded the Homeowners Assistance Program (HAP) to provide assistance to the following groups of homeowners: wounded warriors, surviving spouses of fallen warriors, permanently relocating service members during the home mortgage crises, and service members and civilian employees impacted by the BRAC 05 announcement. This expansion of HAP will require the processing of over 17,000 applicants over a three year period, a volume equal to that experienced during throughout the BRAC programs of the 90s. The ARRA expansion of HAP demands rapid applicant processing and payment. It also demands accurate valuation estimates of homes within applicants' communities, community value trends over periods of up to four years, and present day values of applicant homes. In order to meet ARRA goals and objectives, USACE field offices must process applications and pay benefits more quickly than ever before. The DoD decided that one way to speed applicant processing is to avoid the requirement to use appraisals for home valuations. Therefore, USACE will use an accurate Automated Valuation Model (AVM) to establish expanded HAP value trends and current values.