2017 Consolidated Annual Performance and Evaluation Report (CAPER) DRAFT

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Leveraging Explain how federal funds leveraged additional resources (private, state and local funds), including a description of how matching requirements were satisfied, as well as how any publicly owned land or property located within the jurisdiction that were used to address the needs identified in the plan. ESG match dollars come from a variety of sources including private donations, volunteer labor, and United Way grants. HOME match dollars come from private donations, volunteer labor, land donations and waived fees/taxes. 1 In 2017 the City of South Bend's Community Homebuyers Corporation (CHC) provided $247,013 of CDBG funds in the form of forgivable mortgage subsidies to sixteen (16) families, enabling them to become homeowners. These subsidies were leveraged with $1,053,305 in private mortgage funding. CDBG provides the mortgage subsidy of 20%, not to exceed $22,000 of the purchase price of a home, and local lenders represented on the CHC board pool their funds to provide the remaining dollars. CHC offers financing to clients that are usually not conventionally lendable. Pre- and post-purchase counseling required for the mortgage subsidy program is a major contributing factor to its success. ' Rebuilding Together (formerly known as Christmas in April) has aided homeowners in various neighborhoods throughout the community since 1989. Rebuilding Together has built a strong relationship with the City of South Bend, local trades, the higher education community and the business community, allowing the program to grow stronger and more efficient every year. In 2017, Rebuilding Together completed home repairs for 16 households in the Rum Village neighborhood of South Bend. Rebuilding Together expended $121,737 in CDBG funds and it is estimated that donated labor and materials added $XXX and contractor discounts an additional $XXX to the project. Fiscal Year Summary—HOME Match 1. Excess match from prior Federal fiscal year 0 2. Match contributed during current Federal fiscal year 0 ' 3.Total match available for current Federal fiscal year(Line 1 plus Line 2) 0 4. Match liability for current Federal fiscal year 0 ' 5. Excess match carried over to next Federal fiscal year(Line 3 minus Line 4) 0 Table 5—Fiscal Year Summary-HOME Match Report CAPER 11 OMB Control No:2506-0117(exp.06/30/2018)