PROPOSED STATEMENT OF OBJECTIVES AND USE OF FUND8 CITY OF PORTLAND 1987 88 HOUSING AND COMMUNITY DEVELOPMENT IHCDI PROGRAM On June 1 1987, the C ity o f P ortla nd w ill apply for $7 892,000 in C o m m u n ity D e velo pm e nt Block G rant (C D B G I fu n d s fro m the U S D e p a rtm e n t o f H ousing and U rban D e velo pm e nt (H U D I The fo llo w in g is a pro po sal s ta te m e n t o f o b je ctive s and use o f fu n d s for the 1987 88 C D BG IH C D I p ro gra m C itizens are in vite d to co m m e n t on the pro po sed statem e nt and on the C ity s past pe rfo rm a n ce in ca rryin g o u t the HC D p ro g ra m C o m m ents sho uld be dire cte d to T im o th y G allagher. D ire cto r, Bureau o f C o m m u n ity D e velo pm e nt, 1120 S W 5th. Rm 1120, P ortland, Or 97204 • Investor Rehab Loans lo w interest loans to re hab ren ta l pro p e rtie s Properties m ust be loca ted m H C D areas, and rents m ust be affo rd a b le to lo w m o d in com e tenants, program adm ini stra tio n • Code E nfo rcem en t D angerous B uild ing s in s p e ctio n o f vacant and abandoned stru ctu re s Io cate d in HC D areas • N E N e ig h b o rh o o d Im p ro ve m e n t Project a c q u is itio n re h a b ilita tio n o f vacant and aban do n e d single fam ily hom es in inner N E HCD n e ig h b o rh o o d s jo b tra in in g S ta te m e n t o f O b je c tiv e s an d U se o f Funds The prim ary o b je c tiv e o f the HC D p ro g ra m is the d e velopm e nt o f viable urban co m m u n itie s, by pro vid in g decent ho u sin g and a suitable livin g environ m erit and en pa nd ing e co n o m ic o p p o rtu n itie s prince (rally for (»ersons o f lo w and m od era te incom es C onsistent w ith th is prim ary o b je ctive ttie assistance p ro vid ed th ro u g h th is p ro gra m is for the su p p o rt o f c o m m u n ity d e ve lo p m e n t a c tiv itie s w h ich an- dire« ted to w a rd the fo llo w in g spec if ic o b je c tiv e s The elim in a tio n o f slum s and b lig h t, and th e pre ve n tio n o f b lig h tin g in flue nces and the de terio r atio n o f p ro p e rty and n e ig h b o rh o o d and com m u n ity fa i ilities o f im p o rta n ce to the w e lfa re o , th e c o m m u n ity p rin cip a lly persons o f lo w and m od era te incom es The elim in a tio n o f c o n d itio n s w h ic h are d e tri m en ta l to health, safe ty and public w elfare, th ro u g h cod e e n fo rce m e n t re h a b ilita tio n assis tan ce and related a ctivitie s • O ttie i H o usin g Program s technical assistance, n e ig h b o rh o o d m a rke tin g loan servicing N E IG H B O R H O O D IM P R O V E M E N T S (100% o f fu n d s to b e ne fit lo w m od) $2,091,668 • Inner S E area park im p ro ve m e n ts • U n io n A ve n u e B e a u tifica tio n Project • Inner S F T raffu Protjc t design and con s tru c tio n o f im p ro ve m e n ts to define the w estern edge o f residential d is tric ts in B uckm an and H o sfo rd A b e rn e th y n e ig hbo rho od s • S treet design and c o n tru c b o n in Lents Cres ton K e n ilw o rth . M t S co tt A rleta and A rbo r Lodge co m p le tio n of p ro je cts in Lents and M t Si o tt A rleta drainage testin g pro gra m adm ini stra tio n • LID stre e t < o ntruttion fund auditor assess m erit and a d vertising LID subsidy pro gra m for q u a lifie d lo w incom e h o m eo w ne rs C O M M U N IT Y SERVICES fu n d s to b e n e fit lo w m od) $1 387 960 1100% o f The enpansion and im p ro ve m e n t of the q u a n tity and q u a lity o , c o m m u n ity services p rin cip a lly for persons o f lo w in com e • Home Repair Training Program The alle via tio n o f eco no m ic distress th ro u g h the stim u la tio n o f priva te in ve stm e n t and |ob crea tio n a ctivitie s in de sig nate d com m e rcial and in du stnal areas • Emergent y Housing and Homeless Programs m a in te n a n ce o f d o w n to w n SRO hotels Glisan St Em ergency Shelter Baloney Jo e 's W est W o m e n s H otel o v e rflo w shelters Em ergency H o usin g V o u i her P rogram hom eless coo rdina tio n T he C ity p ro p o s e s to m e e t th e s e ob|e< liv e s by < a iry m g o u t t in ' fo llo w in g a< tiv itie s H O U S IN G $5. 772 276 la b o u t 80 d ire ctly b e n e fit lo w m o d i o f the fu n d s w ill • Single Fam ily Rehab lo a n s deferred pa ym en t loans for q u a lifie d ho m e o w n e rs available city w id e 3 6% a m o rtize d loans for q u alified hom e o w n e rs w h o reside in de sig nate d H C D areas (som e 3 " loans may be m ade city w id e in cer ta in circu m sta n ce s); de ferred or am o rtize d loans to q u a lifie d hom e ch ild care p ro vid ers available city w id e 3% amortize«! loans to urban hom e Stead p ro gra m parti« ip a n ts p ro g ra m adm irustra tio n training tor high sch o o l yo u th w h o pro vid e free ho m e re pairs to lo w in com e ho m e o w n e rs in HCD areas • PIH Moving Assistanci Program tor individuals or businesses d is jild t ed as re su lt o f HCD or o ilie r c ity a ctio n • Non Profit Rehab loan Program iins to non p ro fit a g e n c ie s to re h a b se rv ic e fa c ilitie s • I Help I n e ig h b o r h o o d g r o u jis • irants aw irded t i » nt 0 to r se le i te d p ro je i ts ■ met Employment for Teens (Si I m et jo b s tor 14 19 yrsir o ld y o u th Pro«,ram a d m in is tra tio n th ro u g h the P o rtla n d P riv a te In d u stry C ouncil • Other Community Set vices Page 8, JOBS, May 20, 1987 » .............