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
–
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Illinois Department of Human Services
Partner Agencies
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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
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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
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Priority Populations

Goal: Use up to 40% NSP funds to
households earning 50% AMI or less
–
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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
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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
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Applicant Conferences
Mar 9 - 17
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Application Submission Date
May 4
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Application Review period
Thru June

Approval Notification
Early-Mid July
Questions?
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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