About the Community & Neighborhood Development Program ||| Currently Funded Activities ||| Results ||| Proposal Qualifications and Process ||| Materials Available from Us ||| How To Contact Us


Improvement and Expansion of Rental Housing

Preferences ||| Conditions ||| Activities

These activities improve the availability and quality of affordable rental housing, as well as strengthen existing neighborhoods through the improvement of current rental housing stock and management. The activities generally help agencies acquire and/or renovate affordable rental housing units and use the housing as a base for other neighborhood improvement activities or create affordable rental opportunities in areas of the City where few such opportunities now exist. The activities in this category include acquisition and/or rehabilitation. These activities address Objective C in the Five-Year Plan and generally benefit households with incomes 50% of median or less.

One objective of some of these activities is to expand the supply of rental housing for those with special needs into areas of the larger community (and the County) where few such housing units exist. The national benchmark is to minimize the number of census tracts with concentrations of households with poverty level incomes greater than 40% of the census tract population. Local benchmarks are stated in the Fair Share Inventory and the Consolidated Plan. The positive statement of this benchmark is to increase the economic diversity of census tracts where less than 25% of the households are low- and moderate-income.

Some of these activities also improve the existing stock and the availability of special needs housing units, particularly in areas of the City (and, for some funds, the County) where such housing does not currently exist, or helps eligible households to afford such housing through direct subsidies. These activities generally help non-profit agencies to acquire and/or renovate housing which combines supportive services for particular populations, such as homeless persons or persons with AIDS. These activities address Objective C in the Five-Year Plan and generally benefit households at 30% of the median income or less. Construction of new units will generally be assisted only in the Scattered Site areas in order to meet the intent of the fair share goals.

Funds will be applied to the acquisition, construction or rehab of permanent or transitional rental housing with rents at HOME rent levels, or equal to or below 85% of the area's Fair Market Rent.

The 2005 objective is to either construct or bring a total of 83 units to code in a manner which makes them affordable and supports neighborhood activities, as well as assist 255 households into more stable or improved rental situations.

For information on how to submit a proposal in this category, click here.


Preferences

The Commission will give preference to activities which increase Single Room Occupancy (SRO) housing for individuals with incomes less than 30% of the area's median income, or provide housing for households with incomes less than 50% of the area's median income.


Conditions


Activities

Ongoing / currently funded activities in this category include:

Continuing projects approved in prior years include Housing Initiatives' Ruskin Street Office/Rental Housing Development, Goodwill's Old Middleton Road Rental Housing, Porchlight's Single Housing Development, Independent Living's Segoe Road Fire Alarm Installation, Madison Development Corporation's Milwaukee Street Housing Development, and Tellurian's Willy Street SRO Rehab and Expansion project.


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About the Community & Neighborhood Development Program
Currently Funded Activities ||| Results
Proposal Qualifications and Process
Materials Available from Us ||| How To Contact Us