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Home My WebLink AboutCDBGHOME.pptFY09 CDBG/HOME FY09 CDBG/HOME Funding Recommendations Funding Recommendations Housing & Community Housing & Community Development Commission Development Commission Jerry Anthony, Chair Jerry Anthony, Chair Brian Richman, Vice Chair Brian Richman, Vice Chair Steve Crane Steve Crane Marcy DeFrance Marcy DeFrance Andy Douglas Andy Douglas Charles Drum Charles Drum Holly Hart Holly Hart Rebecca McMurray Rebecca McMurray Michael Shaw Michael Shaw HCDC Meetings HCDC Meetings Project Site Visits: Project Site Visits: February 12, 2008 February 12, 2008 February 13, 2008 February 13, 2008 Applicant Presentations: Applicant Presentations: February 20, 2008 February 20, 2008 Discussion of FY09 Funding Requests: Discussion of FY09 Funding Requests: March 13, 2008 –Review Project Ranking & March 13, 2008 –Review Project Ranking & Average Allocations Average Allocations March 27, 2008 –Funding Recommendations March 27, 2008 –Funding Recommendations FY09 Summary FY09 Summary 27 funding applications received 27 funding applications received ? ? $3,579,613 in requests $3,579,613 in requests (includes Housing Rehab, (includes Housing Rehab, ? ? Aid to Agencies and Administration) Aid to Agencies and Administration) $1,539,736 available to allocate $1,539,736 available to allocate ? ? $1,539,736 in CDBG/HOME funds will leverage $1,539,736 in CDBG/HOME funds will leverage ? ? $11,347,302 in other funds or $7.37 is leveraged $11,347,302 in other funds or $7.37 is leveraged for each CDBG/HOME dollar for each CDBG/HOME dollar Create 47 new units of affordable rental housing Create 47 new units of affordable rental housing ? ? Provide 13 households with Tenant-Based Rental Provide 13 households with Tenant-Based Rental ? ? Assistance Assistance Create homeownership opportunities for 31 Create homeownership opportunities for 31 ? ? households households Provide housing rehabilitation assistance for 28 Provide housing rehabilitation assistance for 28 ? ? income eligible homeowners income eligible homeowners Make improvements to six non-profit facilities Make improvements to six non-profit facilities ? ? Assist 5,599 low-income persons with services Assist 5,599 low-income persons with services ? ? Provide financial assistance to three small Provide financial assistance to three small ? ? businesses businesses Housing Housing ApplicantRequested Amount Southgate Development -Homeownership$ 200,000.00 The Housing Fellowship -CHDO Operating$ 50,000.00 The Housing Fellowship -CHDO Pre-Dev. Loan$ 15,000.00 The Housing Fellowship -Rental Housing$ 499,750.00 HACAP -Transitional Housing$ 325,000.00 Isis Investments LLC -Rental Housing$ 235,000.00 Chauncey Swan LP -Rental Housing$ 18,000.00 ICHA -Tenant-Based Rent Assistance$ 220,800.00 ICHA -Homeownership$ 330,000.00 Dolphin International LLC -Homeownership$ 425,000.00 Housing Total$ 2,318,550.00 Southgate Development Southgate Development Downpayment Downpayment assistance to 12 assistance to 12 households households under 60% of under 60% of AMI. AMI. CITY STEPS CITY STEPS Priority: Low Priority: Low Homeownership Homeownership Requet: $200,000 Requet: $200,000 s s HCDC Recommendation: $80,000 HCDC Recommendation: $80,000 The Housing Fellowship The Housing Fellowship CHDO Operating Expenses CHDO Operating Expenses Request: $50,000 Request: $50,000 HCDC Recommendation: $28,000 HCDC Recommendation: $28,000 HOME regulations allow up to 5% of HOME award to be used for CHDO operating funds. CITY STEPS Priority: High The Housing Fellowship The Housing Fellowship CHDO Pre-Dev Loan CHDO Pre-Dev Loan Request: $15,000 Request: $15,000 HCDC Recommendation: $13,000 HCDC Recommendation: $13,000 Predevelopment expenses for a low-income housing tax credit applicant that will create at least ten affordable rental homes. (HUD allows up to 10% of HOME funds reserved for CHDO set-aside or $26,000 for FY09) The Housing Fellowship The Housing Fellowship Affordable Rental Housing Affordable Rental Housing Request: $499,750 Request: $499,750 HCDC Recommendation: $180,000 HCDC Recommendation: $180,000 Acquisition of four lots for the construction of four three-bedroom homes available for rent to households earning between $31-50% AMI. CITY STEPS Priority: High/Medium HACAP HACAP Transitional Housing Transitional Housing Request: $325,000 Request: $325,000 HCDC Recommendation: $80,000 HCDC Recommendation: $80,000 Acquisition of one transitional housing unit. CITY STEPS Priority: High Isis Investments LLC Isis Investments LLC Affordable Rental Housing Affordable Rental Housing Request: $235,000 Request: $235,000 HCDC Recommendation: $94,000 HCDC Recommendation: $94,000 Acquisition of two existing three-bedroom homes to rent to households under 50% of median income. CITY STEPS Priority: High/Medium Chauncey Swan LP Chauncey Swan LP Affordable Rental Housing Affordable Rental Housing Request: $18,000 Request: $18,000 HCDC Recommendation: $18,000 HCDC Recommendation: $18,000 Predevelopment loan for environmental review and site planning for the development of 40 units of affordable rental housing. CITY STEPS Priority: High/Medium Dolphin International LLC Dolphin International LLC Lake Point Enclave Lake Point Enclave Homeownership Request: $425,000 HCDC Recommendation: $68,000 Downpaymentassistance for eight households under 80% AMI. CITY STEPS Priority: Low Iowa City Housing Authority Iowa City Housing Authority Tenant-Based Rent Assistance Tenant-Based Rent Assistance Request: $220,800 Request: $220,800 HCDC Recommendation: $60,000 HCDC Recommendation: $60,000 Rental assistance for 13 households with incomes under 30% AMI. CITY STEPS Priority: High Iowa City Housing Authority Iowa City Housing Authority Homeownership Homeownership Request: $330,000 Request: $330,000 HCDC Recommendation: $107,500 HCDC Recommendation: $107,500 Downpaymentassistance for 11 households under 80% of AMI. CITY STEPS Priority: Low Public Service Public Service ApplicantRequested Amount LIFE Skills, Inc. -Transportation$ 3,848.00 Visiting Nurse Association -Operations$ 5,000.00 Local Foods Connection -Operations$ 8,000.00 Shelter House -Operations (STAR program)$ 7,500.00 Compeer -Operations$ 3,000.00 Extend the Dream Foundation -Operations$ 1,500.00 ARC of Southeast Iowa -Operations$ 2,500.00 Iowa City Free Medical Clinic -Operations$ 10,000.00 MECCA -Operations (Activities/Transportation)$ 5,600.00 Aid to Agencies$105,000.00 Public Services Total$ 151,948.00 Local Foods Connection Local Foods Connection Operations Operations Request: $8,000 Request: $8,000 HCDC Recommendation: $1,500 HCDC Recommendation: $1,500 Operational funds to partially pay for the director’s salary. Local Foods Connection distributes fresh organic food to low-income households. CITY STEPS Priority: High Shelter House Shelter House Operations (STAR Program) Operations (STAR Program) Request: $7,500 Request: $7,500 HCDC Recommendation: $2,000 HCDC Recommendation: $2,000 Outreach Services Coordinator CITY STEPS Priority: High Compeer Compeer Operations Operations Request: $3,000 Request: $3,000 HCDC Recommendation: $1,000 HCDC Recommendation: $1,000 Operational funds for a part-time director to match volunteers with adults receiving treatment for chronic mental illness. CITY STEPS Priority: High Extend the Dream Foundation Extend the Dream Foundation Operations Operations Request: $1,500 Request: $1,500 HCDC Recommendation: $1,000 HCDC Recommendation: $1,000 Consultant for fiscal management CITY STEPS Priority: High Arc of Southeast Iowa Arc of Southeast Iowa Operations Operations Request: $2,500 Request: $2,500 HCDC Recommendation: $1,000 HCDC Recommendation: $1,000 Supported employment services to persons with disabilities CITY STEPS Priority: High Iowa City Free Medical Clinic Iowa City Free Medical Clinic Operations Operations Request: $10,000 Request: $10,000 HCDC Recommendation: $2,500 HCDC Recommendation: $2,500 Operational funds for a pharmacy technician. CITY STEPS Priority: High MECCA/ICARE MECCA/ICARE Operations (Activities/Transportation) Operations (Activities/Transportation) Request: $5,600 Request: $5,600 HCDC Recommendation: $1,000 HCDC Recommendation: $1,000 Operational funds to support group activities for HIV/AIDS clients CITY STEPS Priority: High Public Facilities Public Facilities Public FacilitiesRequested Amount MECCA -Facility Rehabilitation$ 48,523.00 Dolphin International LLC -Playground Equipment $ 84,500.00 Extend the Dream Foundation-Facility Rehabilitation$ 4,610.00 Arc of Southeast Iowa -Alarm System$ 5,851.00 Iowa City Free Medical Clinic -Building Acquisition$ 300,000.00 Twain Elementary -Playground Equipment$ 60,000.00 NCJC -Facility Rehabilitation/Parking Lot$ 54,200.00 DVIP -Facility Rehabilitation$ 13,979.39 Public Facilities Total$ 571,663.39 MECCA MECCA Facility Rehabilitation Restroom renovation Request: $48,523 HCDC Recommendation: $11,400 CITY STEPS Priority:Health facilities (Low); Health Services (High) Arc of Southeast Iowa Arc of Southeast Iowa Alarm System & Alarm System & Exterior Lighting Exterior Lighting Request: $5,851 Request: $5,851 HCDC Recommendation:$3,000 HCDC Recommendation:$3,000 CITY STEPS Priority: High/Medium CITY STEPS Priority: High/Medium Iowa City Free Medical Clinic Iowa City Free Medical Clinic Building Acquisition Request: $300,000 HCDC Recommendation: $90,772 CITY STEPS Priority:Health facilities (Low); Health Services (High) Twain Elementary Twain Elementary Playground Equipment Request: $60,000 HCDC Recommendation: $40,000 CITY STEPS Priority: High Neighborhood Centers of Neighborhood Centers of Johnson County Johnson County Broadway Center Facility Rehabilitation Replace windows at the Broadway Neighborhood Center Request: $54,200 HCDC Recommendation: $14,600 CITY STEPS Priority: High DVIP DVIP Facility Rehabilitation Facility Rehabilitation Request: $13,979.39 Request: $13,979.39 HCDC Recommendation: $10,000 HCDC Recommendation: $10,000 Replace privacy fencing, repair Replace privacy fencing, repair restrooms, and install security restrooms, and install security monitor. monitor. CITY STEPS Priority: High CITY STEPS Priority: High Projects Not Projects Not Recommended for Recommended for Funding Funding Dolphin International LLC Dolphin International LLC Playground Equipment $84,500 Playground Equipment $84,500 Extend the Dream Foundation Extend the Dream Foundation Facility Rehabilitation $4,610 Facility Rehabilitation $4,610 LIFE Skills, Inc. LIFE Skills, Inc. Transportation $3,848 Transportation $3,848 Visiting Nurse Association Visiting Nurse Association Operations $5,000 Operations $5,000 Thank you to all of the Thank you to all of the HCDC members! HCDC members!