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EXHIBIT A: PROGRAM DESCRIPTION
<br />HABITAT FOR HUMANITY OF ST. JOSEPH COUNTY
<br />REHABILITATION OF A FORECLOSED PROPERTY
<br />(19-JO-11)
<br />1/01/19 — 12/31/19
<br />PURPOSE AND INTENT
<br />The City of South Bend, in creative and affirmative partnership with City residents, private
<br />enterprise, neighborhood and community organizations, and the Federal Government, is
<br />committed to the national objectives of "creating a suitable living environment, decent housing,
<br />and creating economic opportunities" for all persons. In attempting to achieve the objectives of
<br />the Neighborhood Stabilization Program 3 (NSP3) the City of South Bend has determined that,
<br />for this project, there is a need to secure the services of an organization with special expertise.
<br />Therefore, program funds will be utilized Habitat for Humanity of St. Joseph County to conduct
<br />the Rehabilitation of a Foreclosed Property activity to complement neighborhood development.
<br />TARGETED GOALS
<br />The targeted goal for the Rehabilitation of a Foreclosed Property activity (19-JO-11) is the
<br />rehabilitation of the house at 1217 Miner Street, South Bend. The redeveloped home will be
<br />sold to a low/mod income household at or below 50% AMI.
<br />If, for any reason, there is difficulty in achieving this goal, the Agency must notify the
<br />Department of Community Investment of the problem(s) so the matter(s) can be rectified in a
<br />timely manner.
<br />GUIDELINES: INCOME AND AFFORDABILITY GUIDELINES
<br />Income
<br />Households with income in the extremely low/low income range (as defined from time to time
<br />by HUD) are eligible applicants for assistance under this activity. Annual limits as of June 1,
<br />2018 are:
<br />FY 2018 HOME Income Limits (Effective June 1, 2018)
<br />1-Person
<br />2-Person
<br />3-Person
<br />4-Person
<br />5-Person
<br />6-Person
<br />7-Person
<br />8-Person
<br />Household
<br />Household
<br />Household
<br />Household
<br />Household
<br />Household
<br />Household
<br />Household
<br />30%
<br />AMI
<br />13,300
<br />15,200
<br />.1.00............................1..........___......
<br />...............1.7,
<br />9,000
<br />20,500
<br />22,050
<br />23,..........600.�.�.�.....
<br />25,100
<br />50%
<br />AMI
<br />22,.....�.........................................._.
<br />200
<br />25,350
<br />_._._ 6.
<br />28,500
<br />31,650
<br />34,200
<br />36,750
<br />39,250
<br />41,800
<br />60%
<br />AMI
<br />26,640
<br />30,240
<br />34,200
<br />37,980
<br />41,040
<br />44,100
<br />47,100
<br />50,160
<br />80%
<br />35,500
<br />40,550 v
<br />w 45,600
<br />50,650
<br />54,750
<br />51,800
<br />62,850
<br />66,900
<br />15
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