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HomeMy WebLinkAboutMemo - Mail Packet - 8/8/2017 - Memorandum From Sue Beck-Ferkiss Re: Housing And Human Service Funding Fact SheetF e d e r a l C D B G : $ 1 5 5 , 1 2 8 HUMAN SERVICE PROGRAM FY2015 Competitive Process October 1, 2015 – September 30, 2016 TOTAL : 21,789 Food & Nutrition Programs: 2,036 Education & Self-Sufficiency: 2,528 Health & Safety: 999 People with Disabilities: 240 Mental Health Services: 5,086 Childcare and Child Services: 1,615 Housing Support & Homelessness: 9,285 NUMBER OF PERSONS SERVED In Seven Overlapping Theme Areas FUNDING SOURCES FUNDING v. REQUEST HISTORY Education & Self-Sufficiency $57,537 Health & Safety $110,095 People with Disabilities $93,016 Mental Health $112,000 Food & Nutrition Programs $54,100 Childcare & Child Services $186,000 Housing Support & Homelessness $186,500 FUNDING ALLOCATION Dollars Allocated in Seven Theme Areas TOTAL $799,248 FUNDING STATS Information provided reflects funding for the Human Service Program, not affordable housing. C i t y K F 2012 2013 2014 2015 2016 $3.0 Million $2.5 Million $2.0 Million $1.5 Million $1.0 Million $500,000 0 HOUSING PROGRAM TOTAL : $9,843,405 Affordable Housing Definition - Fort Collins code defines affordable housing as: 1. Housing priced for households making no more than 80% of the Area Median Income (AMI) For example - 2017 80% AMI: 1 person = $43,050 4 person =$61,450 2. Housing costs not to exceed 30% of household income for rental communities 3. Housing costs not to exceed 38% of household income for home ownership 2015-2019 Affordable Housing Strategic Plan Five strategies that support housing options: • Increase affordable rental inventory • Preserve long-term affordability/physical condition of existing stock • Increase housing and supportive services for people with special needs • Support opportunities to obtain/sustain homeownership • Refine development incentives and expand funding sources/partnerships Housing Funding Allocation 2012-2016 Federal and City Funding Distribution by Category 2012-2016 $ Amount #Households Homeowner Rehab & Emergency Repair Homebuyer Assistance Habitat For Humanity Tenant Based Rental Assistance New Affordable Rental Units Rehab of Existing Affordable Housing Acquisition/preservation $332,721 $1,072,811 $500,000 $1,225,000 $343,901 $3,525,000 $2,843,972 60 55 22 17 131 427 (includes the 284 acquired) 284 16-4011 City Federal Under Construction 56 2017 Goal 188 units 312 Potential in Pipeline 2017-2018 Built 40 Land Bank Age-restricted 96 120 Through Review C G : $ 2 5 0 , 0 4 7 C i t y G F : $ 3 9 4 , 0 7 3 Sue Beck-Ferkiss, Social Sustainability Specialist Beth Rosen, Affordable Housing Programs Administrator Social Sustainability Department sbeckferkiss@fcgov.com • (970) 221-6753 brosen@fcgov.com • (970) 221-6812 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 2012 2013 2014 2015 2016 Request Funding