2023 (CDBG) & (ESG) & (HOME) Program- Consolidated Annual Performance and Evaluation Report

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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 came from a variety of sources including State grants, other Federal grants, private donations, volunteer labor, and United Way grants. HOME match dollars came from private donations, volunteer labor, land donations, waived fees/taxes, and banked match. In 2023 the City of South Bend's Community Homebuyers Corporation (CHC) provided $77,400.00 of CDBG funds in the form of forgivable mortgage subsidies to three families, enabling them to become homeowners for the first time. These subsidies were leveraged with $305,600.00 in private mortgage funding. CDBG provides a mortgage subsidy of 20% of the purchase price of a home, not to exceed $26,000,and local lenders represented on the CHC board pool their funds to provide the remaining dollars. CHC offers financing to clients that are typically 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. Over the years, Rebuilding Together has built a strong relationship with the City of South Bend, local trades,the higher education community, and the business community. In 2023, 750 people volunteered over several days to contribute 7400 hours in donated labor with an estimated value of$226,688 to complete moderate home repairs for 21 low-to moderate-income qualified homeowners residing in west side neighborhoods in the city of South Bend. A total of$239,744.83 of CDBG funds were invested in the project coupled with donations of$6,500 in materials and donated warehouse rent of$9,900. Fiscal Year Summary—HOME Match 1. Excess match from prior Federal fiscal year 83,696 2. Match contributed during current Federal fiscal year 158,770 3.Total match available for current Federal fiscal year(Line 1 plus Line 2) 242,466 4. Match liability for current Federal fiscal year 153,859 5. Excess match carried over to next Federal fiscal year (Line 3 minus Line 4) 88,607 Table 5—Fiscal Year Summary-HOME Match Report CAPER 20 OMB Control No:2506-0117(exp.09/30/2021)