HomeMy WebLinkAboutHOME Program Applications 2003 MONTANA
DEPARTMENT OF COMMERCE
HOME Program
836 Front Street PO Box 200545
Helena, MT 59620-0545
TO:
FROM:
Persons Interested in the HOME ~.{ogra ,m/~
Connie Onstad, Program Manage~/O'
HOME Investment Partnerships Program
DATE: Apdl 8, 2003
RE: FFY 2003 HOME
Program Applications
The deadline for Federal Fiscal Year (FFY) 2003 HOME Investment Partnerships
Program (HOME) grant applications was March 31, 2003. Eligible applicants were
cities, towns, counties, certified Communty Housing Development Organizations
(CHDO) and Public Housing Authorities. The Montana Department of Commerce
received 11 applications requesting $4,053,100 in HOME funds. When combined with
other leveraged resources, including local match, the cost of the proposals total
$17,851,484. Awards for the funding will be announced no later than May 19. 2003.
The Montana HOME Program congratulates the City of Missoula on their designation as
a participating jurisdiction for the HOME Investment Partnerships Program. In support of
this decision, the Montana HOME Program will continue the precedent of assisting new
participating jurisdictions meet the HUD funding threshold, as we did for the City of
Billings in 1992, and the City of Great Falls in 1994. The Montana HOME Program has
approved a one-time transfer of $116,065 from the Montana 2003 HOME allocation to
the City of Missoula to help Missoula meet the HUD minimum threshold for all new
participating jurisdictions.
Phone: (406) 444~3092
FAX: (406) 444-9774
TDD: (406) 444:2978
APR ] 4 2003
I.
CITY OF LAUREL
HOME FFY 2003 APPLICANT SUMMARY
Applicant
AWARE, Inc.
HOME Request
$276,776
Project Bud~let
$463,676
The AWARE Glendive Supportive Housing Duplex will provide accessible, affordable
housing for 8 very Iow income adults with severe disabilities related to mental illness
along with twenty-four hour a aay supportive services to allow residents to live
successfully in the community.
Flathead-Lake CHDO $64,724 $78,324
Rental assistance will be provided for One year to 10 persons with a preference for those
that are homeless, mentally ill, or have zero income and are eligible for mental health
services under the Montana State Mental Health Services Plan or
SSI/Medicaid.
City of Hamilton $500,000 $3,204,068
This proposal will acquire and preserve Iow-income housing for the elderly by
purchasing the 60-unit Bitterroot Manor located in Hamilton.
"Working Together to Make It Work"
Helena Housing Authority
$300,000 $2,729,475
The Wilder Apartments project consists of 31 units for disabled and Iow-income families.
The new construction project includes 22-one bedroom and 9-two bedroom units. 100%
of the units will serve residents at or below 50% of AMI. 33% of the units will target the
Iow-income disabled population.
Lake County CHDO
$405,000 $775,000
Construct 4 three-bedroom family rental units at the CHDO owned Boettcher Terrace
rental project. Construct three single-family homes on CHDO controlled lots, for sale to
Iow-income homebuyers, in the Poison area.
City of Laurel $380,000 $1,022,500
The proje~t-c~.ns ~o asskst~tJeast 40 home buyers and/or~ homeowners residing within
the City of Laurel, with all project activities benefiting persons at or below 80% of the
Area Median Income.
Lewis and Clark County $330,000 $1,878 000
GR8 HoPe Phase II proposes to provide downpayment and closing cost assistance to at
least 12-15 families at or below 80% of AMI. Assistance will be based on need for
qualifying families
City of Missoula $500,000 $3,238,848
This project will provide homebuyer assistance to 20-25 lower-income households in the
City of Missoula. The project is a continuation of the HRC Homebuyer Program that
began in 1999. The program provides deferred payment mortgages to finance the gap
between increasing home purchase prices and the amount first-time homebuyers can
afford.
Rocky Mountain $500,000 $2,748,943
Development Corporation
The Big Boulder Apartments, Acquisition/Rehabilitation Project, will renovate and
preserve the only affordable housing project in Jefferson County.~. Extensive
rehabilitation-is needed tokeep the building in a safe and ~abitable condition. The
project will include adding 13 ADA accessible units.
City of Shelby
$450,000 $1,240,000
The City of Shelby will undertake a program of housing rehabilitation and homebuyer
assistance in the form of down payment and closing costs, coupled with modest
rehabilitation for code compliance, to qualify units for mortgage financing. Fifteen units
will be served under each part of the program, for a total of forty units.
Town of Terry $346,600 $472,650
The Town of Terry will assist 16 income eligible homeowners with rehabilitation to their
homes and two homebuyers with acquisition of a home in the jurisdictional limits of
Terry.
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