Contract - DCI - Near Northwest Neighborhood Revitalization Organization - Provide Development Costs for New Construction of Single Family Home at 808 N Hill Street

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EXHIBIT A: PROGRAM DESCRIPTION NORTHEAST NEIGHBORHOOD REVITALIZATION ORGANIZATION REDEVELOPMENT OF VACANT OR DEMOLISHED PROPERTIES 17-JO-21 1/01/17—12/31/18 PURPOSE AND INTENT The City of South Bend, in creative and affirmative partnership with City residents, private enterprise, neighborhood and community organizations, and the Federal Government, is committed to the national objectives of "creating a suitable living environment, decent housing, and creating economic opportunities" for all persons. In attempting to achieve the objectives of the Neighborhood Stabilization Program 3 (NSP3) the City of South Bend has determined that, for this project, there is a need to secure the services of an organization with special expertise. Therefore, program funds will be utilized through Northeast Neighborhood Revitalization Organization to conduct the redevelopment of vacant and demolished properties activity to complement neighborhood development. TARGETED GOALS The targeted goal for the Redevelopment of Vacant and Demolished Properties Activity (17-JO- 21) is the redevelopment of one (1) home. The home will be redeveloped through new construction on a lot cleared from demolished structures or on vacant property that meets NSP3 program criteria. The home will be sold to a low/mod/middle income household. If, for any reason, there is difficulty in achieving this goal, the Agency must notify the Department of Community Investment of the problem(s) so the matter(s) can be rectified in a timely manner. ACTIVITY SERVICE AREA The activities under this contract are to be carried out at: 808 N. Hill Street, South Bend, 46617. GUIDELINES: INCOME AND AFFORDABILITY GUIDELINES Inconze Households with income in the low/mod/middle income range (at or below 120% Area Median Income), as defined from time to time by HUD, are eligible applicants for assistance at this location under this activity. Households with income in the low or moderate income range (as defined from time to time by HUD) are eligible applicants for assistance under this activity. Annual limits as of June 15, 2017 are: 15