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9978-09 Appropriating $2,463,435 from Community Development (Fund 212), defraying expenses of CED
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9978-09 Appropriating $2,463,435 from Community Development (Fund 212), defraying expenses of CED
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Last modified
11/30/2009 12:42:49 PM
Creation date
11/17/2009 10:46:20 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/9/2009
Ord-Res Number
9978-09
Bill Number
85-09
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St. Joseph County Housing Consortium <br />St. Joseph County <br />Given economic changes, demand for homeowner assistance has peaked. As a result, <br />HOME funds allocated to the County will be directed to homeowner rehab. The funds will <br />not be targeted to any particular township. <br />Needs are determined based on input from residents and neighborhood organizations, <br />information from local nonprofit organizations, analysis of housing and other community <br />data, and review of local studies and adopted plans. <br />The priority to address a need is determined using the following criteria: <br />• The significance of the need <br />• The eligibility of the area where the need is found <br />• The capacity for the community to effectively address the need <br />~~ The degree of stabilization (including positive market impact) that could be achieved <br />• The ability to leverage other funding, especially non-public dollars <br />• The visual impact on the neighborhood, if a physical project <br />• The positive impact on homeownership, if a housing project <br />• The improvement in the occupant's quality of life, if a housing project <br />All needs discussed in this document are considered a high priority in the community; <br />however, the scarcity of funds does not allow all activities to be funded. Therefore, <br />activities that are best able to address the criteria presented above receive a high priority. <br />Other activities that are also address these criteria, but may not be undertaken with current <br />funding or at the current time, are given a medium priority. Activities that also address <br />these criteria, but to a more modest extent or that are cost prohibitive or impractical at the <br />current time, receive a low priority. <br />Lack of adequate funding, from public, private, and nonprofit sources, can be an obstacle to <br />meeting underserved needs. Additionally, providers and their contractors may not have the <br />capacity necessary to address fully the needs. Nonprofit organizations struggle with <br />administrative costs, contractors willing to work on individual, smaller housing rehabilitation <br />jobs are limited, and the local skilled rehabilitation contractors are limited and desired by all <br />entities. <br />2010-2014 Housing and Community Development Plan 12 <br />
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