RM 04-13-89 - Laserfiche WebLink

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South Bend odevelopment Commission Regular Meeting - April 13, 1989 6. NEW "INE.SS (Cont.) b. Continued... Jeff Gibney: Mr. Nintz and other members JEFF GIBNEY of the Redevelopment Cmnnission, I would 1' e to give you a very brief sketch of scme planning that is taking place right now within South Bend Heritage Foundation's staff and it's Board of Directors. This planning is, in fact, pait of a three year Plan which the South Bend Heritage Foundation Board has de eloped and is also an action plan for our agency as also very much a compliment to the report that has been presented tonight in terms of its interest and surport for low income housing. I would first like to say that South Bend Heritage has a fifteen year track record for a commitment to the West Washington neighborhood, and although we have expanded our services into the margins of downtown South Bend, and into Monroe Pazk, it is the West Washington neighborhood where South Bend Heritage Foundation got its start in 1974 and inly where it continues to have its major thrust in the neighborhood. So it is out of that experience with the neighborhood that these plans are being reccmwnded. First of all, I would say that we really got involved in this and became supportive because, in general, an abEolutely thumbnail sketch of the sLmmary of this plan, that on West W n Street we are reccnmvz ding the cordensing of the conyercial district and the expanding of the residential housing caffiponent in that neighborhood. As we began to look at development, we began to look at the issues of financing for housing, ownership and management, finally, the actual physical development and construction. I think, as rost everyone in the room knows, the dol ars available for affordable housing today are fewer than they have ever been bef Dre. And it would be very naive of us -16-