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<br />South Bend <br />Redevelopment Commission <br />215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana <br /> <br /> <br /> <br />Redevelopment Commission Agenda Item <br /> <br />DATE : 2/6/2025 <br /> <br />FROM: Joseph Molnar, <br />Assistant Director of Growth & Opportunity <br /> <br />SUBJECT: Budget Request – Western Ave <br />Transformation District Design <br /> <br /> <br /> <br /> <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, <br />then the authorization of the expenditure of such funds shall be void and of no effect. <br /> <br />PURPOSE OF REQUEST: Budget Request of $200,000 to fund further design of the Western Ave <br />Transformation District <br /> <br />SPECIFICS: This request is to fund further design of the Western Ave Transformation District (WATD) <br />which includes 156 mixed income housing units on the site of the former Rabbi Shulman public housing <br />development. The City is partnering with the Housing Authority of South Bend, the St. Joseph County <br />Community Foundation and Michaels Development to build new quality affordable housing on the site. <br />The partners are also leveraging funding with a Section 108 loan from the U.S. Department of Housing <br />and Urban Development as well as Low-Income Housing Tax Credits through the Indiana Housing & <br />Community Development Authority. The intention is for the design funding to be reimbursed through the <br />Section 108 loan. <br /> <br />The project includes new housing, quality urban design, and new public spaces on the southwest edge of <br />Downtown South Bend. This transformational project will continue investment in South Bend as well as <br />revitalizing a disinvested area of South Bend. <br /> <br />Staff recommends approval. <br /> <br /> <br /> <br /> <br /> ______________ ___________Pres/V-Pres <br /> <br /> <br />ATTEST: __________ ________Secretary <br /> <br />Date: _____________ _______ <br /> <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION