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2017 CDBG Third Year Action Plan
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2017 CDBG Third Year Action Plan
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7/12/2017 11:28:56 AM
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1 <br /> The 2017 CDBG funding plan follows the basic parameters of previous plans, with emphasis on the ' <br /> physical nature of revitalization activities as they relate to affordable housing and strong communities. <br /> An emphasis on neighborhood revitalization through partnerships with community development ' <br /> corporations, rehabilitation of owner-occupied homes, homeownership opportunities, and public facility <br /> improvements will occur. ' <br /> The HOME Program anticipates$734,817 for housing programs that include tenant-based rental <br /> assistance, new home construction, housing acquisition-rehab, and homeownership , <br /> opportunities throughout St.Joseph County in 2017. The HOME program will exceed the 25 percent <br /> match requirements through private funding, project sponsors and banked match. ' <br /> The ESG Program in the City of South Bend is allocated $211,484 in 2017 for emergency shelter and <br /> rapid rehousing activities that serve the community's homeless population. ESG grant matching ' <br /> requirements will be satisfied using funds from other federal, state, and private dollars. <br /> Numerous sources of funding are expected to be available to supplement the federal dollars for ' <br /> Supporting Homeowners and Helping Renters become Homeowners. In addition to annual CDBG and <br /> HOME funds, private local financial institution support, and general community donations are <br /> anticipated. A consortium of six local financial institutions will continue to pool resources to provide <br /> mortgage assistance to new homeowners through the Community Homebuyers Corporation (CHC) <br /> program. Rebuilding Together will rehab homes with CDBG dollars and local labor and material ' <br /> donations. South Bend Home Improvement Program (SBHIP)will rehab owner-occupied homes with <br /> CDBG. <br /> Housin g counseling will be made available through CDBG, South Bend city resources and state dollars via ' <br /> the Indiana Foreclosure Prevention Network. Additionally, in 2011,the Hardest Hit Funds Program was ' <br /> added to the pool of assistance to those facing foreclosure.These sources fund the counseling activity <br /> that supports the efforts to asssist homeownership. Over 200 households are expected to attend a <br /> counseling session and or class in 2017. ' <br /> 3. Evaluation of past performance <br /> This is an evaluation of past performance that helped lead the grantee to choose its goals or ' <br /> projects. <br /> , <br /> CDBG funds are used to ameliorate the impact of foreclosed,vacant and/or abandoned homes in South <br /> Bend's low-moderate income neighborhoods through a demolition program. In 2017, demolitions will ' <br /> continue to be funded with CDBG. <br /> The City has a long history of successfully partnering with Community Development Corporations t <br /> (CDCs)to create affordable housing, both rental and owner-occupied.This partnership also provided the <br /> means to create community meeting spaces and improve public facilities in low-mod income <br /> Annual Action Plan 2 ' <br /> 2017 <br /> OMB Control No:2506-0117(exp.07/31/2015) , <br />
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