Appropriating $300,000.00 Development Block Grant Fund Continue Project Rebate

Home Browse Search

CITY of SOUTH BEND PETER J. NEMETH, Mayor COUNTY CITY BUILDING SOUTH BEND, INDIANA 46601 DEPARTMENT OF HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMUNITY DEVELOPMENT PROGRAM Carl Ellison Director MEMORANDUM Jon R. Hunt Deputy Director TO: MEMBERS OF THE COMMON COUNCIL FROM: CARL ELLISON, DIRECTOR, COMMUNITY DEVELOPMENT SUBJECT: 1978 CDBG APPROPRIATION (PROJECT REBATE) DATE: JUNE 21, 1978 219/284 -9335 The Division of Community Development is presenting for your consideration an appropriation bill totaling $300,000.00 to be used for the continuation of "Project Rebate." The Bureau of Housing is presently conducting Project Rebate with an Innovative CD grant ($208,000.00) and a supplemental CD Appropriation of $50,000.00. In the initial grant application the CD staff established several program objectives, including the leveraging of public dollars, i.e., generating private rehabilitation dollars with public dollars, and the widening of the housing assistance scope to serve the moderate income population in CD "target areas." As with any experimental or innovative housing rehab program, the CD staff was concerned about public response and the performance level which could be achieved in a relatively short time frame. We are pleased to again acknowledge that Project Rebate has surpassed our expectations concerning public response, acceptance, and participation. As of June 20, 1978, Project Rebate has accomplished the following: (1) enrolled, processed, and approved 328 eligible applicants; (2) completed rehabilitation of 235 housing units; (3) established 47 housing units with work pending (a 14.02% drop -out factor resulted in 46 approved applicants declining to enter the program); (4) expended approximately $139,900.00 (with an additional $261,400.00 allocated);