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HomeMy WebLinkAboutNeighbor ImpactNeighborlrnpact cu i•:.lTd:1-estNer,e”,rv,t s. k€aprrwrr F' TO: Deschutes County Board of Commissioners FROM: Corky Seneca!, Director Housing and Emergency Services NeighborImpact RE: Funding Opportunity Home Rehabilitation Loan Program for Low Income Homeowners DATE: January 2, 2008 The State of Oregon administers the Community Development Block Grant Home Rehabilitation Program for "balance of state" communities. The tri -county area of Deschutes (excluding the City of Bend), Crook and Jefferson counties qualifies for funding from this source. NeighborImpact has consistently applied for and received funding to provide this program to low-income residents of Central Oregon. The funding requirement is that a local jurisdiction must be the applicant entity and then enter into a sub -recipient agreement with the local service provider. NeighborImpact has been the sub -recipient for each of the grants with different local jurisdictions throughout the service area being the direct applicant. In 2003 Deschutes County was the recipient and since then we have worked with the City of Bend, Crook County, Jefferson County and the City of Madras. We are asking Deschutes County to submit the application to the State of Oregon for $400,000 in CDBG Home Rehabilitation funding for the years 2009 and 2010. The funding is categorical and not competitive with any other CDBG funding Deschutes County is eligible to receive. As the applicant Deschutes County need only identify a staff person as a liaison between NeighborImpact and the Oregon Housing and Community Services Rehabilitation Program office and staff. NeighborImpact is responsible for preparing the application, facilitating the processes required to receive and administer funding, and implement the program. We see this as a unique opportunity for the partnership between Deschutes County and NeighborImpact. While the funding will serve low-income residents in all three counties, the funding cycle on this particular grant may help to serve residents of South Deschutes County in the "Ground Water Protection Project". Currently our home rehabilitation program wait -list has 44 applicants, 22 are in Deschutes County and 10 are in South Deschutes County. Clearly, this program will benefit a number of Deschutes County residents. The deadline for submission to Oregon Housing and Community Services is February 28, 2008. We are asking the Board of Commissioners for authorization to prepare the application with Deschutes County as the applicant entity. OREGON HOUSING AND COMMUNITY SERVICES 2007 INCOME LIMITS Effective March 20, 2007 U.S. Department of Housing and Urban Development (HUD) "Low Income" and "Moderate Income" are defined in the federal Housing and Community Development Act of 1974, as amended. A Low —Income person is a member of a family with a gross income of no more than 50 percent of the area median income. A Moderate -Income person is a member of a family with a gross income of no more then 80 percent of the area median income. The "area" is either the county or the non - metropolitan portion of the state, whichever has the higher median income. The 2007 estimated median family income for non -metropolitan counties in Oregon is $47,596. MSA / County %MFI 1Pers 2Pers 3Pers 4Pers 5Pers 6Pers 7Pers 8Pers Deschutes FY 2007 MFI: Low 58,700 Moderate Crook FY 2007 MFI: Low 46,700 Moderate Jefferson FY 2007 MFI: Low 44,500 Moderate 20600 23500 26450 29400 31750 34100 36450 38800 32950 37650 42350 47050 50800 54600 58350 62100 17300 19750 22250 24700 26700 28650 30650 32600 27650 31600 35550 39500 42650 45800 49000 52150 16900 19300 21750 24150 26100 28000 29950 31900 27050 30900 34800 38650 41750 44850 47950 51000 Neighborlmpact q=; Neighborlmpact's Housing Rehabilitation Program The Housing Rehab Program is designed to assist homeowners in maintaining the upkeep of their home, be it roof repair/replacement, plumbing & electrical repairs to exterior paint and septic problems. To qualify for this program you must own your own home and the land it is on, and you also must fall at 80% of the area median income or lower (see attachment for income qualifications). Neighborlmpact will conduct a site visit to interested homeowners once they have met the income requirements. A representative will take an application to them and make a short visit to ensure the type of repairs the homeowner is interested in making fall within our program guidelines. The loan maximum is $25,000 and depending on the household annual income the interest rate is anywhere from 1 %-4%. These loans are deferred for 30 years, in other words no monthly payment is required. The loan is paid back at the sale or refinance of the home, or in 30 years the entire loan comes due. The homeowner is responsible for hiring an Oregon licensed General Contractor to do the work, however Neighborlmpact can assist them in this process if need be. Neighborlmpact writes grants on an annual basis to apply for funds through Oregon Housing & Community Services, this is how the program is funded. Once loans are paid back to Neighborlmpact, they are pooled in a revolving loan fund and lent back out in the community for housing repairs in the same manner. For questions or to apply to the program, contact Karen Orme at Neighborlmpact: 541-548-2380. extension 111.