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St. Joseph County Housing Consortium
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St. Joseph County Housing Consortium
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12/10/2024 4:45:11 PM
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Financial operations and essential services <br /> Assistance and for emergency shelters. <br /> Overnight The ESG program will exceed the <br /> shelter 100%match requirement through <br /> other grants,private funds and <br /> Rapid re- <br /> donations. <br /> housing(rental <br /> assistance) <br /> Rental <br /> Assistance <br /> Services <br /> Transitional <br /> housing <br /> Table 53-Expected Resources—Priority Table <br /> Explain how federal funds will leverage those additional resources (private, state and local funds), including a description of <br /> how matching requirements will be satisfied <br /> In addition to the entitlement funds,the St.Joseph County Housing Consortium and the City of South Bend anticipate the following Federal resources <br /> may be available to local non-profit organizations to undertake the housing strategies identified in the Five-Year Consolidated Plan. <br /> • Supportive Housing Program <br /> • Low-Income Housing Tax Credit Program(LIHTC) <br /> • Section 8 Rental Assistance Program <br /> • Public Housing Capital Fund Program <br /> Private and non-Federal resources that may be available to the St. Joseph County Housing Consortium and the City of South Bend in FY 2025 to <br /> address needs identified in the FY 2025-2029 Five-Year Consolidated Plan are listed below. <br /> • Private Banks & Credit Unions—The City partners with local banks and credit unions to operate the Community Homebuyers Corporation. <br /> This program leverages private equity to assist low- and moderate-income individuals to purchase houses that they may not have been able to <br /> obtain a traditional mortgage without this funding. <br /> • Indiana Housing& Community Development Authority—The IHDCA runs programs that assist individuals with first time homeownership <br /> OMB Control No:2506-0117(exp.07/31/2025) 172 <br />
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