IURA Neighborhood Investment Committee

108 E. Green St. Ithaca, NY 14850 (607) 274-6565 AGENDA IURA Neighborhood Investment Committee (NIC) 8:30 am, Friday, November 8, 2019 Third Floor Conference Room City Hall, 108 E. Green St., Ithaca, NY 14850 I. Call to Order II. Changes/Additions to Agenda III. Public Comment IV. Review of Minutes – October 2019 V. New Business A. 9:00 a.m. – Update and Discussion - 2019 Project #16 – Catholic Charities of Tompkins- Tioga Immigrant Services Program with Sue Chaffee, Program Director. B. Action Item – Resolution - 2019 Ac*on Plan ― 2019 Action Plan Minor Amendment #2 (2019 Project #15 –A Place to Stay: Night/Weekend Support for Women in Transition). C. Review: Draft Calendar for 2020 Action Planning Cycle – Bring calendars VI. Other Business A. IURA Grant Summary B. Staff Report VII. Motion to Adjourn If you have a disability and require accommodation in order to fully participate, please contact the CITY OF ITHACA CLERK’S OFFICE at 274-6570 at least 72 business hours prior to the meeting. 108 E. Green St. Ithaca, NY 14850 (607) 274-6565 MINUTES ITHACA URBAN RENEWAL AGENCY (IURA) NEIGHBORHOOD INVESTMENT COMMITTEE (NIC) 8:30 A.M., Friday, September 13, 2019 Third Floor Conference Room, City Hall, Ithaca, NY In attendance: Karl Graham, Chair; Fernando de Aragón, Vice Chair; Tracy Farrell, Teresa Halpert. Excused: Paulette Manos. Staff: Anisa Mendizabal; Nels Bohn. Guest(s): Michaela Cortright, Samaritan Center Director, Catholic Charities of Tompkins/Tioga. I. Call to Order The Chair called the meeting to order at 8:34 a.m. II. Changes/Additions to Agenda The Chair indicated Agenda items would be reordered if needed to accommodate the presenter. III. Public Comment None. IV. Review of Minutes – October 2019 Moved by Farrell, seconded by Halpert. Approved 4-0. V. New Business A. Action Item - Discuss and Recommend - Opportunities for Project Development Mendizabal stated that the NYS Department of Environmental Conservation completed its analysis of the former City landfill site beneath Nate’s Floral Estates near the inlet and flood control channel. DEC has determined that though there is some seepage, it does not pose a threat to human health, and it does not affect the City’s drinking water. The intake for City drinking water occurs at Bolton Point, not near the inlet. Regardless, some residents of Nate’s continue to experience issues with their drinking water, and have discussed this with 1st Ward Alderperson Cynthia Brock. The Committee in general expressed concern over the affordable housing on the site (individually owned or rented mobile homes that pay an affordable rent for the ground beneath). Residents of affordable housing should not be subject to poor drinking water. Similarly, the site is well-located near services and walkable for residents, which is important 1 for people who live in affordable housing. However, Committee members also had numerous questions about the science and details related to the water issues to resolve before it could be determined whether more action were needed by the Committee. • Has the Water Department done its own analysis at Nate’s, and if so, what were the results? • Does the Water Department have recommendations? • Is the Board of Public Works aware of the situation, and if so, what steps have been taken? • The City has a map of where lead (intake) pipes exist in the City, has this been consulted and, if so, are their lead pipes serving Nate’s Floral Estates? Mendizabal will report back, should more information become available. B. 9:00 a.m. – Update and Discussion - 2019 Project #15 –A Place to Stay: Night/Weekend Support for Women in Transition with Michaela Cortright, Program Director, Catholic Charities of Tompkins/Tioga (CCTT) The Chair welcomed Ms. Cortwright, who introduced herself. She has worked at Catholic Charities for four years and was recently promoted to Samaritan Center Director about time of application for A Place to Stay Night (APTS) and Weekend Coverate. She supervises five staff members and 30 volunteers. Ms. Cortwright CCTT didn’t receive anticipated funding for the proposed second site for A Place to Stay. As a result, the organization feels it would be financially irresponsible to take on a second house at this time. The second house was intended to allow for women with Substance Use Disorders (SUDs) to be able living space with women working on the particular issues that come with maintaining sobriety. For now, APTS will continue to follow its established model of providing housing to women, whether or not they have an SUD in the same house. Applicants with SUDs tend to be prevalent; it’s a cycle APTS is trying to break, according to Ms. Cortright. APTS will continue to host workshops that will benefit everyone in the house. An issue that arises with CCTT’s decision to forgo establishment of a second house in the upcoming year is that the service number (number of beneficiaries) discussed in its IURA application will change. The service number anticipated at the time of application was 21. With second house tabled, CCTT estimates the service number would be closer to 10-12. Farrell asked about the average length of stay? Ms. Cortright answered: 6 mos. This year APTS had 8 women in the house. All three of current residents will be moving into permanent housing shortly - great success stories all. CCTT uses the Continuum of Care’s Coordinated Assessment Team (CAT) list to identify future residents and also has walk-in applicants at Samaritan Center. Any referrals from St. Johns Community Services (SJCS), CCTT will consider. Referrals from SJCS are also on CAT list—and people on that list have undergone vulnerability priority index assessment, but CCTT also gets direct referrals from area waiting lists. Many people need something more like a structured halfway house. CCTT does a phone screening won’t do a whole interview unless there is an actual opening 2 because they don’t want to provide applicants with an impression that space may be available prematurely. Sometimes they do have to tell people, “This isn’t the place for you,“ if, after the interview, it is determined that APTS is not a good match for the woman’s needs. Chair Graham asked about staffing. Cortright responded that the evening residential position has not been filled. (There was a candidate identified who ultimately needed to decline). Halpert asked about collaboration and/or potential for duplication. “I’m hearing you are not duplicating. It sounds like your clients are so challenged that they need a team coordinating, a backup plan, etc.” Ms. Cortright affirmed Halpert’s impression was correct. Farrell asked, “Are you still in contact with former residents?” Cortright answered, “Yes, we still provide follow up and support for them. They do reach out to us.“ Committee members wanted to know if residents were supportive of one another. Cortright responded there are a number of relationships that have continued once they’ve left. Can residents come back? Cortright responded it depends on the discharge. APTS staff addresses that [whether or not the departing resident would be accepted back] at time of discharge. Drug use in house would be “no” because puts others at risk. Chair Graham wanted to know if there was still a desire of CCTT to establish a second house for APTS. Ms. Cortright responded that she’s like to see that, but that the organization doesn’t know how soon-- it would depend on consistent funding. A Committee member asked Ms. Cortright to discuss about how residents pay. She responded that CCTT takes 30% of weekly income, but she has not seen it (rent) get up to $500 total (the total anticipated rent per month). There is always quite a gap between the stated rent and what actually is collected. At the time of this meeting, there were three women in house, and one was just discharged. Two women were working, one was a full- time student. A Committee member asked why there were not four women residing in the house currently. Ms. Cortright responded that APTS is in the interview process for another resident—this is an example of how there is a gap between when one person leaves and another can move in. Cortright explained further: The house’s rent is 2000 for 4 bedrooms. It’s low per room but above fair market value. When CCTT/APTS thinks about expanding, it’s a little tricky. They would like to find a house that is closer to HUD’s fair market rent. Chair Graham noted it sounds like the demand is there and CCTT/APTS could fill a house, if it had another one. Yes, Cortright responded, and explained she see the program as a “tier” of transitional housing. Maybe a woman lands at APTS, then move to more independence at a second [future] house, but still with case management services to help her continue to increase her stability. 3 Ms. Cortright departed. The Committee discussed the matter and indicated its inclination to continue the funding as awarded, though with a resolution to modify the contract. Mendizabal will bring the resolution to the Committee next month. C. Action Item – Resolution - 2018 AcOon Plan ― Authorize Assignment to Cayuga Flats, LLC from INHS of Loan Funding to the Cayuga Flats Project (2018 Project #7 & CD-RLF #45) Bohn discussed details relating to the proposed resolution. Committee members wanted to know about the LLC. Did INHS do this with the Breckenridge development? Bohn: Yes. Also, with Stone Quarry. They’ve done this different ways. Nonprofits can’t take advantage of Low Income Housing Tax Credits, so there has to be a for-profit. INHS creates an LLC, which will own the project, then there is Cayuga Flats INC (which was De Aragón’s point). Halpert confirmed: So there is always a for profit there, involved. Bohn: Yes. 210 Hancock was even more complicated. Halpert confirmed: The for-profit pays back the investor. Bohn: When INHS comes to IURA during the Action Plan application phase, they don’t know whether they will get the LIHTC funding, so therefore they don’t have an LLC set up, or have a name for the LLC, and so on. A Committee member asked: Are there tax abatements? Answer: Not automatically. The project will be taxable because INHS (nonprofit) will convey ownership to the LLC (a for- profit entity). The Chair and Bohn further summarized the resolution’s. IURA provided the funding to INHS. As the project sponsor, INHS may assign it to the LLC, however, this resolution documents the process a bit more explicitly. A benefit of the resolution includes making the monitoring process clearer, as time goes by. Bohn departed at 9:52 a.m. 2018 Ac;on Plan ― Authorize Assignment to Cayuga Flats, LLC from INHS Of Loan Funding to the Cayuga Flats Project (2018 Project #7 & CD-RLF #45) WHEREAS, the IURA approved a total of $228,662 in CDBG and HOME loan assistance to Ithaca Neighborhood Housing Services, Inc. (INHS) for the Cayuga Flats project (formerly known as INHS Scattered Site Preservation Phase 2) to reconstruct or rehabilitate 29 rental housing units at the following locations: • 203-209 Elm Street • 111 W. Clinton Street • 406 S. Plain Street • 227 S. Geneva Street502 W. State Street, (Project) and 4  WHEREAS, $128,662 in CDBG loan funding issued to INHS in 2017 has been expended to support predevelopment expenses for the project and $100,000 in HOME CHDO set-aside funding is earmarked for the project in the 2018 Action Plan, and WHEREAS, INHS has been allocated Low-Income Housing Tax Credits (LIHTC) to financially assist the project that requires establishment of a for-profit ownership entity to take advantage of tax credits, and WHEREAS, INHS proposes to create Cayuga Flats, LLC, a for-profit entity to own the Cayuga Flats project, and WHEREAS, the sole managing member of Cayuga Flats, LLC will be a wholly owned subsidiary of INHS, thereby satisfying HOME CHDO set-aside requirements that the rental housing project is “sponsored” and effectively controlled by the CHDO, and WHEREAS, INHS requests assignment of the CDBG loan and HOME funding award from INHS to Cayuga Flats, LLC, and WHEREAS, at their October 11, 2019 meeting the Neighborhood Investment Committee reviewed this matter and recommended the following action; now, therefore be it RESOLVED, that the IURA hereby approves assignment of the CDBG loan and HOME funding award for the Cayuga Flats project (formerly known as INHS Scattered Site Preservation Phase 2) from INHS to Cayuga Flats, LLC, and be it further RESOLVED, that the IURA Chair is hereby authorized, subject to review by IURA legal counsel, to execute an amended CDBG loan agreement and a new HOME loan agreement to implement this resolution. De Aragón motioned to approve; Halpert seconded. Carried 4-0. VI. Other Business A. IURA Grant Summary The Committee reviewed the Grant Summary and had questions about the spend-down limit. Action Item: Mendizabal will follow up with IURA Accountant Kim Cook. [Finding: The Grant Summary included in the Agenda Packet was a draft for the following month. $46,073 is required to be expended by June 1 in order to meet the spend-down limit]. B. Staff Report FLIC has notified IURA that it has located three potential City residents for ramps. VII. Motion to Adjourn Meeting adjourned by consensus at 9:59. 5 6 IURA Neighborhood Investment Committee Proposed Resolution November 8, 2019 2019 HUD Entitlement Program, Minor Amendment #2, Catholic Charities of Tompkins/Tioga A Place to Stay: Night/Weekend Support for Women in Transition, (2019, Project #15) WHEREAS, the 2019 HUD Entitlement Program Action Plan allocated $20,000 in CDBG funds to Project #15 - A Place to Stay: Night/Weekend Support for Women in Transition sponsored by Catholic Charities of Tompkins/Tioga (CCTT) to provide night and weekend staff coverage at A Place to Stay, and WHEREAS, CCTT applied for but did not receive funding targeted for a second site proposed for the project, and WHEREAS, CCTT has determined it would not be fiscally responsible at present to proceed with the second site at this time, and WHEREAS, CCTT will continue operating A Place to Stay as it has since May 2016, and WHEREAS, as stated in its 2019 proposal, CCTT has found a need for night and weekend staffing to provide additional support to women in transition, and WHEREAS, on October 11, 2019, CCTT requested IURA permission to use $20,000 allocated to the 2019 Project #15 for the same purpose as proposed, though with fewer low/mod beneficiaries, and WHEREAS, the original project anticipated 21 beneficiaries and CCTT now anticipates 10-12 beneficiaries, a change that requires a program amendment to the action plan ; and WHEREAS, the Ithaca Urban Renewal Agency (IURA) is designated by the City of Ithaca as the Lead Agency to develop, administer and implement the HUD Entitlement grant program, including funds received through the Community Development Block Grant (CDBG) program, and WHEREAS, this matter has been reviewed by the Neighborhood Investment Committee of the IURA who recommends the following; now therefore, be it RESOLVED, the IURA approves a minor amendment with CCTT to reduce the ancticipated number of low/mod beneficiaries from 21 to 10-12 at A Place to Stay: Night/Weekend Support for Women in Transition projects (2019 #15), and be it further RESOLVED, that the contract amount shall remain at $20,000, and be it further RESOLVED, that the IURA Chairperson, subject to review by IURA legal counsel, shall be authorized to execute a contract amendment to implement this resolution. H:\NIC Working Folder\Resolutions\Resolution - Minor Amendment #___ to 2019 Action Plan CCTT APTS 11-8-19 draft.doc  2020 CITY OF ITHACA HUD ENTITLEMENT GRANT
Please note all dates are currently DRAFT Action Plan Schedule DRAFT subject to confirmation (11/5/19). MILESTONE DATE/LOCATION 8:30 A.M., Friday, December 13, 2019, Neighborhood Investment Organizational Meeting #1 Committee Meeting, 3rd Floor Conf. Room , City Hall CALL FOR FUNDING PROPOSALS ISSUED TUESDAY, JANUARY 7, 2020 8:30 A.M., Thursday, December 19 (TBC), 2019, IURA Meeting, Organizational Meeting #2 Common Council Chambers , City Hall December 4, (TBD), CoC Homeless & Housing Task Force, Wednesday, PUBLIC ENGAGEMENT 6th Floor Conf. Room, TC Mental Health 6:00-7:00 P.M., Monday, January 13, 2020 (TBC), Community Life PUBLIC ENGAGEMENT Commission, 2nd Floor Conf. Room, City Hall 6:00-7:30 P.M., Thursday, January 16, 2020, Borg Warner Room (East), PUBLIC INFORMATION & INPUT MEETING #1 Tomkins County Public Library 12:00-1:30 P.M., Wednesday, January 22, 2020, Common Council PUBLIC INFORMATION & INPUT MEETING #2 Chambers, City Hall 5:00-6:00 P.M., Tuesday, February 4, 2020, 2nd Floor Conf. Room, City (OPTIONAL) PUBLIC INFORMATION & INPUT MEETING #3 Hall FUNDING APPLICATIONS DUE: NOON, FRIDAY, FEBRUARY 28, 2020 3:30 P.M., Tuesday, March 10, 2020 Economic Development Committee Meeting #1 Common Council Chambers, City Hall 8:30 A.M., Friday, March 13, 2020 Neighborhood Investment Committee Meeting #1 3rd Floor Conf. Room, City Hall 8:30 A.M., Friday, March 20, 2020 Neighborhood Investment Committee Meeting #2 3rd Floor Conf. Room, City Hall 8:30-11:30 A.M., Thursday, March 26, 2020 IURA MEETING #1 ― PUBLIC HEARING #1 Common Council Chambers, City Hall 8:30-11:30 A.M., Thursday, April 2, 2020 IURA MEETING #2 ― PUBLIC HEARING #1 (CONT.) Common Council Chambers, City Hall 8:30 A.M., Friday, April 10, 2020 Neighborhood Investment Committee Meeting #3 3rd Floor Conf. Room, City Hall 3:30 P.M., Tuesday, April 14, 2020 Economic Development Committee Meeting #2 Common Council Chambers, City Hall 8:30-11:30 A.M., Thursday, April 16, 2020 IURA MEETING #3 Common Council Chambers, City Hall 8:30-11:30 A.M., Thursday, April 23, 2020 IURA MEETING #4 Common Council Chambers, City Hall IURA Adoption of Draft Action Plan 8:30 A.M., Thursday, April 23, 2020 Draft 2019 Action Plan Available for 30-Day Public 12:00 P.M., Friday, April 24, 2020 Comment Period PUBLIC HEARING #2 ― Planning & Economic 6:00 P.M., Wednesday, May 6, 2020 Development Committee of Common Council Close 30-Day Comment Period on Draft Action Plan 12:00 P.M., Monday, May 26, 2020 Common Council Approves 2019 6:00 P.M., Wednesday, June 3, 2020 Consolidated/Action Plan  IURA Grants Summary September 2019 ON TOTAL # SCHEDULE HUD ENTITLEMENT ACTIVITIES SPONSOR BUDGET EXPENDED UNEXPENDED % SPENT 2016 CDBG Activities 1913 complete Unallocated 2016 CDBG 18, 20, 25 N/A 0.00 0.00 0.00 N/A Total 0.00 0.00 ‐ N/A 2017 CDBG Activities 2561 complete 1.0 Chartwell House Tompkins Community Action 22,000.00 22,000.00 0.00 100% 2562 complete 2.0 2017 Homeowner Rehab INHS 75,000.00 75,000.00 0.00 100% 2563 complete 6.0 Mini Repair INHS 26,000.00 26,000.00 0.00 100% 2564 complete 7.0 Hospitality Employment Training Program GIAC 100,000.00 100,000.00 0.00 100% 2565 canceled 8.0 Ithaca ReUse Center Expansion Finger Lakes ReUse, Inc. 0.00 0.00 0.00 100% 2566 complete 10.0 Work Preserve Job Training: Job Placements Historic Ithaca 67,500.00 67,500.00 0.00 100% 2567 complete 11.0 Food Entrepreneurship CCE of Tompkins County 36,190.01 36,190.01 0.00 100% 2568 ok 12.0 Urban Bus Stop Signage & Amenities TCAT 25,000.00 20,823.24 4,176.76 83% 2569 complete 13.0 DICC Heating & Roofing Replacement 6, 7, 19 DICC 49,000.00 49,000.00 0.00 100% 2570 complete 14.0 Immigrant Services Catholic Charities 30,000.00 30,000.00 0.00 100% 2571 complete 15.0 Work Preserve Job Readiness Historic Ithaca 20,000.00 20,000.00 0.00 100% 2572 complete 16.0 2‐1‐1 Info and Referral Human Services Coalition 20,000.00 20,000.00 0.00 100% 2573 complete 17.0 A Place To Stay: Supportive Services Catholic Charities 15,925.00 15,925.00 0.00 100% 2574 complete 18.0 Housing For School Success: Year #2 ICSD 13,280.00 13,280.00 0.00 100% 2575 complete 19.0 CDBG Admin IURA 128,882.00 128,882.00 0.00 100% ok 22.0 Economic Development Loan Fund IURA 56,886.24 0.00 56,886.24 0% complete 9.0 Harriet Gianellis Child Care Center Tompkins Community Action 84,200.00 84,200.00 0.00 100% complete Unallocated 2017 CDBG 16, 19, 25 N/A 0.00 0.00 0.00 N/A Total 769,863.25 708,800.25 61,063.00 92% 2017 HOME Activities 17 2767 canceled 3.0 402 South Cayuga Street Habitat for Humanity 0.00 0.00 0.00 100% 2768 complete 4.0 Housing Scholarship Program 11 The Learning Web 65,592.00 65,592.00 0.00 100% 2769 complete 5.0 Security Deposit Assistance Catholic Charities 62,700.70 62,700.70 0.00 100% 2770 complete 21.0 828 Hector Street (CHDO) 23 INHS 41,378.00 41,378.00 0.00 100% 2771 complete 20.0 HOME Admin IURA 27,565.10 27,565.10 0.00 100% 2807 complete Unallocated 2017 HOME12, 17, 23, 24 N/A 0.00 0.00 0.00 N/A complete Home Admin (PI) 22 N/A 2,448.76 2,448.76 0.00 100% ok Recaptured Funds (HP) 15 N/A 5,000.00 0.00 5,000.00 N/A ok Unanticipated Program Income (PI) 8 N/A 21,545.00 0.00 21,545.00 N/A Total 226,229.56 199,684.56 26,545.00 88% 2018 CDBG Activities 6002 NO 1.0 Neighbor to Neighbor Home Rehab Love Knows No Bounds 40,000.00 0.00 40,000.00 0% 6003 complete 2.0 Chartwell House Tompkins Community Action 75,000.00 75,000.00 0.00 100% 6004 ok 8.0 Ramp Loan Program FLIC 25,000.00 19,270.44 5,729.56 77% 6005 ok 9.0 Mini Repair INHS 32,500.00 19,729.40 12,770.60 61% 6006 ok 11.0 Hospitality Employment Training Program GIAC 110,000.00 90,032.42 19,967.58 82% 6007 ok 13.0 Volunteer Worker & Job Skill Training Finger Lakes ReUse, Inc. 71,800.00 29,401.65 42,398.35 41% 6008 ok 14.0 Work Preserve Job Training Historic Ithaca 67,500.00 31,630.60 35,869.40 47% 6009 ok 16.0 Targeted Urban Bus Stop Upgrades TCAT 13,500.00 0.00 13,500.00 0% 6010 ok 19.0 Immigrant Services Catholic Charities 30,000.00 27,500.00 2,500.00 92% 6011 ok 20.0 Work Preserve Job Readiness Historic Ithaca 20,000.00 6,516.44 13,483.56 33% 6012 complete 21.0 2‐1‐1 Info and Referral Human Services Coalition 20,000.00 20,000.00 0.00 100% 6013 ok 22.0 Housing For School Success Year #3 Ithaca City School District (ICSD) 27,005.00 0.00 27,005.00 0% 6014 ok 23.0 CDBG Admin IURA 137,214.00 114,752.32 22,461.68 84% 6015 ok 25.0 Economic Development Loan Fund IURA 151,052.00 0.00 151,052.00 0% 25 6016 complete 17.0 Final Phase: Heating & Roofing DICC 29,300.00 29,300.00 0.00 100% 6017 NO 18.0 Domestic Violence Center Renovation 25 Advocacy Center 9,960.72 0.00 9,960.72 0% ok Unallocated 2018 CDBG N/A 2,607.89 0.00 2,607.89 N/A Total 862,439.61 463,133.27 399,306.34 54% 2018 HOME Activities 8002 ok 3.0 402 South Cayuga Street INHS 150,000.00 0.00 150,000.00 0% 8003 ok 4.0 Housing Scholarship Program 2 The Learning Web 65,592.00 29,072.17 36,519.83 44% 8004 ok 5.0 Security Deposit Assistance 24,2 Catholic Charities 48,250.00 46,777.50 1,472.50 97% 8004a ok 6.0 Security Deposit Inspections 24 TCA 2,500.00 0.00 2,500.00 0% 8005 ok 7.0 INHS Scattered Site 2 (CHDO) 24 IURA 100,000.00 0.00 100,000.00 0% 8006 complete 10.0 Additional Reserve (CHDO) 24, 26 TBD 0.00 0.00 0.00 N/A 8007 ok Home Admin IURA 36,880.30 33,812.92 3,067.38 92% 2 ok 2018 HOME Unallocated N/A 12,729.74 0.00 12,729.74 N/A Total 415,952.04 109,662.59 306,289.45 26% 2019 CDBG Activities 6022 ok 1.0 Homeowner Rehab INHS 68,886.18 0.00 68,886.18 0% 6023 ok 2.0 Small Repair Program INHS 32,500.00 0.00 32,500.00 0% Page 1 of 2  IURA Grants Summary September 2019 ON TOTAL # SCHEDULE HUD ENTITLEMENT ACTIVITIES SPONSOR BUDGET EXPENDED UNEXPENDED % SPENT 6024 ok 6.0 Finger LakesReUse Job Skills Training Finger Lakes ReUse, Inc. 95,529.00 0.00 95,529.00 0% 6025 ok 7.0 Work Preserve Job Training Historic Ithaca 67,500.00 0.00 67,500.00 0% 6026 ok 8.0 Hospitality Employment Training Program GIAC 110,725.28 0.00 110,725.28 0% 6027 complete 9.0 Ithaca ReUse Center Acquisition Finger Lakes ReUse, Inc. 100,000.00 100,000.00 0.00 100% 6028 ok 10.0 Economic Development Loan Fund IURA 106,105.13 0.00 106,105.13 0% 6029 ok 11.0 Black Girl Alchemists Public Art Mosaic CAP 7,500.00 0.00 7,500.00 0% 6030 ok 12.0 Housing For School Success Beverly J. Martin Elem 15,700.00 0.00 15,700.00 0% 6031 ok 13.0 2‐1‐1 Human Services Coalition 15,000.00 0.00 15,000.00 0% 6032 ok 14.0 Work Preserve: Job Readiness Historic Ithaca 20,000.00 0.00 20,000.00 0% 6033 ok 15.0 A Place To Stay Catholic Charities 20,000.00 0.00 20,000.00 0% 6034 ok 16.0 Immigrant Services Catholic Charities 25,059.00 0.00 25,059.00 0% 6035 ok 17.0 CDBG Admin IURA 137,679.40 0.00 137,679.40 0% Total 822,183.99 100,000.00 722,183.99 12% 2019 HOME Activities 8011 ok 1.0 Homeowner Rehab INHS 40,859.72 0.00 40,859.72 0% 8012 ok 3.0 Immaculate Conception School Redev INHS 200,000.00 0.00 200,000.00 0% 8013 ok 4.0 Housing Scholarship Program The Learning Web 70,560.00 0.00 70,560.00 0% 8014 ok 5.0 Security Deposit Assistance‐Vulnerable Households Catholic Charities 64,000.00 0.00 64,000.00 0% 8015 ok 18.0 HOME Admin IURA 30,597.20 0.00 30,597.20 0% Total 406,016.92 0.00 406,016.92 0% CDBG Spend Down Ratio (must be less than 1.5 by June 1st of each year (60 days prior to program year): CDBG Spend Down Ratio = total unexpended CDBG funds/most recent annual CDBG award NO Current Method: Total Unexpended CDBG funds: Line of Credit + CDBG Revolving Loan Fund: 1.567 Maximum Unexpended CDBG Funds to Satisfy 1.5 CDBG Spend Down Ratio 1,032,596 Amount Required to be Expended by 6/1 to Meet CDBG Spend Down Ratio of 1.5: 46,073 Total Unexpended HUD Entitlement Funds CDBG Grants Receivable 891,068.74 CDBG Program Income Activities 291,484.59 CDBG Revolving Loan Fund Balance 479,084.02 HOME Gramts Receivable 738,851.37 HOME Program Income Activities 0.00 HOME Program Income Unassigned 0.00 Total Unexpended HUD Entitlement (Including PI) Funds 2,109,004.13 Page 2 of 2