Housing and Community Development First (5th) Year Action Plan (2019)

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Analysis of Residential Market Potential, and increased efforts to respond to chronically homeless needs. 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.The South Bend/UEA Pilot Home Repair program will rehab owner-occupied homes with CDBG and City of South Bend funding. I Housing counseling will be made available through CDBG, South Bend city resources and State dollars 111via the Indiana Foreclosure Prevention Network(IFPN). Additionally,the new Hardest Hit Funds are available through a contract with IHCDA providing resources to qualified borrowers.These sources fund the counseling activity that supports the efforts to assist homeownership. The St.Joseph County Housing Consortium anticipates receiving$1,030,317 in PY2019 HOME funds for housing programs that include tenant-based rental assistance, new home construction, housing acquisition-rehab, and homeownership opportunities throughout St.Joseph County. The HOME program will exceed the 25% match requirements through private funding, project sponsors, and banked match. The ESG Program in the City of South Bend anticipates receiving$212,959 in 2019 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. 3. Evaluation of past performance This is an evaluation of past performance that helped lead the grantee to choose its goals or projects. The City has a long history of successfully partnering with Community Development Corporations (CDCs)to create both rental and owner-occupied affordable housing.This partnership also provided the means to create community meeting spaces and improve public facilities in low-mod income ' neighborhoods. In addition, the City administers an owner-occupied home rehab program, and annually provides additional homeowner assistance with CDBG funds to Rebuilding Together for home rehabs. Direct homeownership assistance is provided to low-mod income first-time homebuyers through the Community Homebuyers Corporation homebuyer assistance program. To ensure compliance with applicable requirements, every CDBG, HOME and ESG subrecipient is desktop-monitored multiple times throughout the year. This monitoring occurs with each claim for Annual Action Plan 2 2019 OMB Control No:2506-0117(exp.06/30/2018)