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South Bend Redevelopment Commission <br /> F. Grants and Contributions <br /> 1. Contributions to Local Economic Development Organizations and similar organizations <br /> As of the date of this report, the Redevelopment Commission does not anticipate any <br /> contributions in 2025 to Local Economic Development Organizations and similar <br /> organizations. However, the Commission would consider making contributions to Local <br /> Economic Development Organizations and similar organizations in 2025 as part of its <br /> annual spending plan if the need for such a contribution materializes that would further <br /> the goals of the Redevelopment Commission. <br /> 2. Contributions to local non-profit organizations <br /> The Redevelopment Commission has in the past supported local non-profit <br /> organizations whose missions, services, and commitments to the community would <br /> further the goals of the Commission. The support of the Commission to these <br /> organizations can be provided through mechanisms such as donation agreements or <br /> contracted services, among other ways. <br /> As of the date of this report, total estimated contributions to local non-profit organizations <br /> in 2025 will be $133,479. <br /> The Redevelopment Commission would consider providing additional contributions to <br /> local non-profit organizations in 2025 as part of its annual spending plan if the need for <br /> such an expenditure materializes that would further the goals of the Redevelopment <br /> Commission. <br /> 3. Grants or loans to enable eligible low-income individuals and families to purchase or <br /> lease residential units in a multiple unit residential structure (pursuant to IC 36-7-14- <br /> 12.2(a)(24)) <br /> As of the date of this report, the Redevelopment Commission does not anticipate any <br /> expenditure in 2025 in the form of a grant or loan to enable eligible low-income <br /> individuals and families to purchase or lease residential units in a multiple unit residential <br /> structure. However, the Commission would consider providing grants or loans in 2025 to <br /> enable eligible low-income individuals and families to purchase or lease residential units <br /> in a multiple unit residential structure as part of its annual spending plan if the need for <br /> such an expenditure materializes that would further the goals of the Redevelopment <br /> Commission. <br /> 4. Grants or loans to provide financial assistance to neighborhood development <br /> corporations (pursuant to IC 36-7-14-12.2(a)(25)) to permit them to: (A)provide financial <br /> assistance for the purposes described in paragraph F.3 above; or(B) construct, <br /> rehabilitate, or repair commercial property <br /> As of the date of this report, the Redevelopment Commission does not anticipate <br /> supporting neighborhood development corporations through expenditures that will permit <br /> them to provide financial assistance for the purposes described in paragraph F.3 above <br /> or construct, rehabilitate, or repair commercial property. However, the Commission <br /> would consider providing grants or loans in 2025 to provide financial assistance to <br /> 4 <br />