State of Illinois Neighborhood Stabilization Program
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Transcript State of Illinois Neighborhood Stabilization Program
State of Illinois
Neighborhood Stabilization
Program
Illinois Department of Human Services
March 2009
Housing & Economic Recovery
Act of 2008 (HERA) Overview
Passed by Congress in July 2008
Included $3.9B Neighborhood
Stabilization Fund
Objectives: To stabilize communities
affected by the foreclosure crisis by
assisting with redevelopment of
abandoned and foreclosed homes.
Requirement: 18 month obligation
period + 4 years to complete project
State of Illinois Allocation
HUD allocated funds to all 50 states
State of Illinois
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NSP entitlement communities: $120M
Community
Allocation
Community
Allocation
Aurora
$3M
Kane County
$3M
Chicago
$55M
Lake County
$5M
Cicero
$2M
McHenry County
$3M
Cook County
$28M
Rockford
$2M
DuPage County
$5M
St Clair County
$2M
Elgin
$2M
Will County
$5M
Joliet
$4M
State allocation: $53M
Total to State: $173M
Total
$120M
State Partner Agencies
Lead Administering Agency
–
Illinois Department of Human Services
Partner Agencies
–
Illinois Housing Development Authority
– Illinois Department of Commerce and
Economic Opportunity
Overall Goals
Stabilize areas hardest hit by
foreclosures & property abandonment
Target resources towards households
earning 50% AMI or less
Increase community based housing
options for DHS populations
Ensure complete obligation of funds
within 18 month timeframe
Guiding Principles
Direct NSP funds to Comprehensive
Housing Plan & other initiatives
Target innovation in Long Term Care
Rebalancing & supportive housing
initiatives
Encourage partnerships within &
among communities for greatest
impact
Guiding Principles, cont.
Encourage:
Diverse & integrated communities
Use of private & public resources
Green technology, accessibility,
adaptability, & other innovative designs
Participation by women & minority
owned businesses
Plan Objectives
Flexibility: Allow applicants to pursue
any eligible activity as defined by HUD
Statewide application: Geographic
Areas of Need
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Non-Entitlement Areas; no direct NSP allocation
CDBG Entitlement Area; no direct NSP allocation
CDBG Entitlement Area; NSP Grantee
Eligible Activities
Purchase & Rehabilitation of
abandoned or foreclosed homes and
residential properties for sale or for rent
Financing mechanisms
Demolition of blighted structures
Land banking of foreclosed property
Redevelopment of vacant or
abandoned property
Eligible Applicants
Units of local government
(municipalities, counties, etc)
Housing Authorities
Non-profit developers and
organizations
For-profit developers
Evaluation Criteria
Address area of greatest need
Readiness to proceed
Capacity to complete project
Community impact
Target households under 50% AMI
Target priority populations
Priority Populations
Goal: Use up to 40% NSP funds to
households earning 50% AMI or less
–
Includes State’s priority special needs
populations
Housing objectives:
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Accessible for-sale and rental units
– Permanent Supportive Housing
Technical Assistance
Corporation for Supportive Housing &
Supportive Housing Providers Association
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Illinois Assistive Technology Program
–
Permanent Supportive Housing
Development TA
Homeownership opportunities for individuals
with disabilities
Illinois Black Chamber of Commerce
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BEP vendor assistance
Next Steps: Timeline
Request for Proposals posted
March 4
Applicant Conferences
Mar 9 - 17
Application Submission Date
May 4
Application Review period
Thru June
Approval Notification
Early-Mid July
Questions?
NSP Website: http://www.dhs.state.il.us/nsp
DHS Contacts:
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Kirstin Williams, NSP Project Manager
[email protected]
312-793-4980
– Dean Martinez
Special Advisor to the Secretary for NSP
[email protected]
IHDA Contact:
–
Vanessa Hill
[email protected]
312-836-7423