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�U <br />REGULAR MEETING <br />MARCH 17, 1987 <br />NEIGHBORHOOD HOUSING SERVICES OF SOUTH BEND, INC. <br />NHS HOUSING ASSISTANCE PROGRAMS <br />The targeted goals for these activities are to provide <br />administrative support for the Acquisition/Rehab/Resale <br />and Revolving Loan Programs, to make loans for rehabilitation <br />of five (5) houses through the Revolving Loan Fund and to <br />rehabilitate one (1) housing unit through the Acquisition/ <br />Rehabilitation/Resale Program. $55,000.00 shall be available <br />to NHS immediately upon execution of the contract for the <br />Revolving Loan Activity. An additional $30,000.00 will be <br />released to NHS as they document they have secured the <br />"matching" funds. <br />NEW BUSINESS FACILITIES, INC. <br />BUSINESS AND TECHNOLOGY CENTER OPERATING ACTIVITY <br />The targeted goal for this activity is that 51% of the jobs <br />created through the operation of the Center must be available <br />to low/moderate income individuals. The total cost of this <br />activity shall not exceed $ 20,000.00. <br />HOUSING DEVELOPMENT CORPORATION OF ST. JOSEPH COUNTY <br />HOUSING REHABILITATION FUND ACTIVITY <br />The targeted goal for this activity is to assist ninety (90) <br />households in their housing rehabilitation efforts. The <br />total cost of this activity shall not exceed $511,378.00. <br />BUREAU OF HOUSING <br />BUREAU OF HOUSING MANAGEMENT AND INSPECTION ACTIVITY <br />Certain administrative cost categories have been identified <br />which will aid the City in achieving objectives. General <br />eligible cost categories shall include personnel and <br />non -personnel administrative costs associated with housing <br />rehabilitation programs. The total cost of this Contract <br />shall not exceed $291,000.00. <br />MONROE PARK DEVELOPMENT CORPORATION <br />MONROE PARK DEVELOPMENT CORPORATION PROGRAMS <br />The targeted goals for this activity are to assist in the new <br />construction of three (3) new single family housing units and <br />to acquire, rehabilitate and sell or rent one (1) housing <br />structure. The total cost of this activity shall not exceed <br />$50,000.00. <br />RENEW, INC. <br />RENEW, INC. ACQUISITION/REHABILITATION ACTIVITY <br />The targeted goal for this activity is to acquire and <br />rehabilitate four (4) single family housing units within the <br />Neighborhood Revitalization Area. The total cost of this <br />activity shall not exceed $45,000.00. <br />SOUTHOLD HERITAGE'FOUNDATION, INC. <br />SOUTH BEND HERITAGE ADMINISTRATION <br />The targeted goals for the activities to be performed under <br />this Contract are: <br />To provide administrative and service support for all <br />programs and areas to be served. To assist in the <br />significant improvement of the condition of five (5) <br />housing units in the Monroe Park and three (3) housing <br />units in the Chapin NRD areas. <br />F�I <br />