HomeMy WebLinkAbout5A3 Budget Request (Monroe Circle Demolition and Planning)
Redevelopment Commission Agenda Item
DATE: 4/11/2023
FROM: Caleb Bauer, Executive Director of DCI
SUBJECT: Monroe Circle Demolition and HUD Choice
Neighborhoods Initiative Planning
Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General
*Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller,
then the authorization of the expenditure of such funds shall be void and of no effect.
Specific Request: $2.1M from River West District ($1.6M for Monroe Circle demolition and $500,000 for
Choice Neighborhoods Initiative planning)
Purpose of Request: The Department of Community Investment has been working in coordination with
the South Bend Housing Authority as they explore redevelopment options for the Rabbi Shulman and
Monroe Circle block, which has reached its end-of-life in its current arrangement and poses significant
maintenance challenges for the Housing Authority.
The Authority has been working to address units elsewhere in its portfolio that have maintenance needs
to remain online or bring back into active use. The received approval and funding from HUD that could be
used to demolish the Monroe Circle townhomes, but we request that funds be made available from the
River West TIF for that demolition to occur with Redevelopment-controlled funds so that savings for the
Housing Authority can go toward improvements of existing units elsewhere in its property portfolio.
Estimated cost of the demolition of the Monroe Circle Townhomes is $1.6M. The Rabbi Shulman
apartment building has been mothballed and will not be demolished at this time.
We also request an additional $500,000 to cover planning costs for the Housing Authority to apply for
HUD’s Choice Neighborhoods Initiative grant opportunity, which could provide up to $50M for
redevelopment of the Rabbi Shulman and Monroe Circle properties. This funding would be used to
support professional grant writing and urban design work required for the application. HASB will apply
directly for Implementation funding instead of applying for the initial planning grant from HUD with the
intent of accelerating the potential award timeline.
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION