2016 CBBG_Home Action Plan III - Laserfiche WebLink

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The 2017 CDBG funding plan follows the basic parameters of previous plans, with emphasis on the physical nature of revitalization activities as they relate to affordable housing and strong communities. ' An emphasis on neighborhood revitalization through partnerships with community development corporations, rehabilitation of owner-occupied homes, homeownership opportunities, and public facility improvements will occur. ' The HOME Program anticipates$734,817 for housing programs that include tenant-based rental assistance, new home construction, housing acquisition-rehab, and homeownership opportunities throughout St.Joseph County in 2017. The HOME program will exceed the 25 percent match requirements through private funding, project sponsors and banked match. ' The ESG Program in the City of South Bend is allocated $377,344 in 2017 for emergency shelter and rapid rehousing activities that serve the community's homeless population. ESG grant matching requirements will be satisfied using funds from other federal, state, and private dollars. Numerous sources of funding are expected to be available to supplement the federal dollars for ' Supporting Homeowners and Helping Renters become Homeowners. In addition to annual CDBG and HOME funds, private local financial institution support, and general community donations are anticipated. A consortium of six local financial institutions will continue to pool resources to provide mortgage assistance to new homeowners through the Community Homebuyers Corporation (CHC) program. Rebuilding Together will rehab homes with CDBG dollars and local labor and material , donations. South Bend Home Improvement Program (SBHIP) will rehab owner-occupied homes with CDBG. Housing counseling will be made available through CDBG, South Bend city resources and state dollars via the Indiana Foreclosure Prevention Network. Additionally, in 2011,the Hardest Hit Funds Program was added to the pool of assistance to those facing foreclosure.These sources fund the counseling activity that supports the efforts to asssist homeownership. Over 200 households are expected to attend a counseling session and or class in 2017. , 3. Evaluation of past performance This is an evaluation of past performance that helped lead the grantee to choose its goals or ' projects. CDBG funds are used to ameliorate the impact of foreclosed,vacant and/or abandoned homes in South Bend's low-moderate income neighborhoods through a demolition program. In 2017, demolitions will ' continue to be funded with CDBG. The City has a long history of successfully partnering with Community Development Corporations ' (CDCs)to create affordable housing, both rental and owner-occupied. This partnership also provided the means to create community meeting spaces and improve public facilities in low-mod income ' Annual Action Plan 2 2017 OMB Control No:2506-0117(exp.06/30/2018) '