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Draft –for discussion purposes only <br />CITY OF SOUTH BEND <br />DEPARTMENT OF COMMUNITY INVESTMENT <br />Housing Programs with American Rescue Plan Act Funds <br />Program ARP Budgeted Status <br />Home Repair Assistance Programs $2.5 million 1st Phase (~$1 million) Public <br />feedback opportunities in-person <br />and online on the scope of <br />programming. Team is working to <br />develop parameters and announce <br />target areas this summer Q3 <br />2nd Phase TBD <br />Housing Financing $2.5 million 1st Phase (up to $2.5 million) <br />Solicitation development of single - <br />family and multi -family <br />housing,potentially remodels, Q3 <br />Home Buying Assistance $1 million Lack of staff has made this more <br />difficult to move forward <br />Land Bank $250,000 Development of a business and <br />operational plan with partners.