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HomeMy WebLinkAboutDept. of Commerce-HOME ProgramMONTANA DEPARTMENT OF COMMERCE HOME Program Phone: (406) 444-0092 836 Front Street PO Box 200545 FAX: (406) 444-9774 Helena, MT 59620-0545 TDD: (406) 444-2978 TO: Persons Interested in the HOME Program L'ITYIEC FROM: Connie Onstad, Program Manag HOME Investment Partnerships m DATE: November 29, 2001 RE: FFY 2001 HOME Funded Projects The deadline for Federal Fiscal Year (FFY) 2001 HOME Investment Partnerships Program (HOME) grant applications was October 1, 2001. Fourteen applicants competed for $4,203,790 in FFY 2001 HUD/HOME Project funds. Eleven proposals are tentatively awarded funding. Cost estimates of the eleven proposed projects total $20,511,345. Below is a summary of the projects. Applicant City of Kalispell HOME Request $400,000 (Project) $ 28,000 (Admin.) Project Budget $3,704,353 The City of Kalispell will construct a 40 unit senior housing apartment complex between First Street West and Second Street West and a major neighborhood renovation along a three block area of Second Ave West and First, Second and Third Streets West. Project activities will include acquisition, site clearance, demolition, new construction, and a Tree Boulevard Streetscape with a small mini-park. District XI Human $300,000 (Project) $347,540 Resource Council $ 21,000 (Admin.) This project will to continue the development of the three county regional home rehabilitation loan program. The program will offer low interest home rehab loans to owner occupied households with incomes at or below 80% of area median income, prioritizing health and safety related repairs. The terms and conditions of the loans will be tailored to the financial circumstances of the borrower including deferred payment loans. An estimated 30-40 low-income homeowners will be assisted. "Working Together to Make It Work" D OF 3 2001 LAUREL 'R City of Missoula $400,000 (Project) $1,686,650 $ 28,000 (Admin.) This project will provide homebuyer assistance to between an estimated 15 to 20 lower income households in the City of Missoula. The project is a continuation and expansion of the HRC Homebuyer Assistance Program that began in 1999 in Revell! County. With MBOH and/or Missoula Housing Corporation 1st/2nd mortgage financing, the program provides deferred payment mortgages to finance the gap between increasing home purchase prices and the amount families can afford. Flathead-Lake CHDO $358,000 (Project) $537,000 Sinopah House provides intensive, supported living for 8 adolescent girls with serious emotional disturbance. The project will acquire a newly constructed eight unit SRO/group home: 8 individual bedrooms with private bath, plus one fully -- - --accessible bedroom and-bath-in-addition to common-living dining,--kitchen-and -- - - - recreation areas. Missoula County $318,000 (Project) $658,000 This project includes the renovation of a large building on three city lots to create six transitional housing units for women who are in chemical addiction treatment, and their children. The Carole Graham Home has a congregate living/dining area, and each individual unit has a private bath and small kitchen. There are also several play areas for the children. Human Resource $400,000 (Project) $1,580,400 Development Council IX $ 10,000 (Admin.) The District IX HRDC, as a Community Housing Development Organization, is requesting $410,000 of HOME funds to assist with the acquisition, architectural study, and capital needs assessment of the Sherwood Inn Apartments. The five story Sherwood Inn Apartments are a Section 8 subsidized property, built in 1978, and located in downtown Livingston. Forty-nine units are available for elderly and disabled residents. ?ockyTGlountain --- - -$400,000 (Project) $3,213;317 Development Corporation $ 28,000 (Admin.) The Pheasant Glen project will have 32 one-bedroom apartments in seven ground floor buildings with an additional building containing a common activity and meeting room for residences. All units will be handicapped adaptable, have small patios and share yard space and a gazebo gathering place. Pheasant Glen will serve small families, senior citizens, persons with mental and physical disabilities, and those living on very low incomes. Samaritan House $212,000 (Project) $216,240 $ 14,840 (Admin.) Samaritan House, Inc. will provide rental subsidy and security deposit assistance to income eligible persons (60% of median income or below, with 20% of the funds provided to those at 50% of median or below) living within Flathead County. In addition, security deposit (only) assistance will be provided to low- income persons. A total of 50 families will be assisted. Neighborhood $400,000 (Project) $7,000,000 Housing Services $ 28,000 (Admin.) Neighborhood Housing Services proposes to provide down payment and closing cost assistance to buyers at or below 80% of median income in 44 counties being served by the RC&Ds, excluding the cities of Great Falls, Billings. All loans will be due on sale and secured by second mortgages. Homebuyer education will be required of all buyers. Action for Eastern Montana $380,016 (Project) $717,129 $ 25,032 (Admin.) The A.E.M. Committee proposes to build an 8 unit assisted living facility in the unincorporated city of Savage. Sixty-three percent of the units will be targeted for people at 50% or less median income. Activities to further the independence and dignity of the residents will be provided. City of Wolf Point $250,450 (Project) $505,600 $ 15,950 (Admin.) The City of Wolf Point intends to rehabilitate 15 owner occupied units with an emphasis on lead based paint removal and weatherization with HOME funding. The City also intends to provide weatherization assistance, down payment assistance and community revitalization with funding made available through the CDBG Program. LADedsion0ecision 2001V2001 Funded Projects_Wer.doc