Home | Yearly News Archive | Advertisers | Blog | Contact Us |
|
Monday, November 25, 2024 |
|
HUD CDBG FUNDS |
Post Reply |
Author | |
Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
Post Options
Thanks(0)
Posted: Feb 27 2015 at 5:39am |
Posted: 3:40 p.m.
Monday, Feb. 23, 2015 County to distribute $1.8M in federal funds to
needy areas
Staff Writer The county commissioners perused the list
of $2.9 million worth of Community Development Block Grant (CDBG) and HOME fund
requests on Monday, a list the Consolidated Planning Committee had already
shaved by about $1 million. The largest project on the list is $176,000
for curb and gutter replacement in the A few items on the list gave the three
commissioners pause, namely a new water tower in the “They’ve got a brand new tank that’s been
sitting there for years, that they can’t use because they can’t come up with a
$400 valve. And I’m going to give them money to do alleys? I don’t think so,”
he said. “I don’t get it.” Acting New Miami Mayor Bob Henley said the
village’s public affairs board, which controls utilities, has been dragging its
feet on the water tower valve, that was built four or five years ago, but he
doesn’t know why. He said the village controls the independent board’s purse
strings but not the board itself. “It supposedly was funded a couple times
and hasn’t been done yet,” Commissioner Cindy Carpenter also had an
issue with Neighborhood Housing Services (NHS). Not that their proposed $18,000
allotment is too high, but rather that they are too strict in their down
payment assistance approval guidelines. She said she sent several people there
and they were turned down. She asked if the rules could be relaxed. Desmond Maaytah, community
development manager for the county, has checked on Carpenter’s request but said
they are already as lenient as HUD allows. He was told the issue is that people
aren’t qualifying for mortgages and if you can’t get a mortgage you don’t need
a down payment. “Before 2008 pretty much anybody that had a
heartbeat could get some type of mortgage,” he said. “But it’s kind of built in
now really, the banks are a lot stricter with your debt ratios and that type of
thing.” NHS received about $230,000 to $250,000 in
federal down payment assistance last year and there is still $100,000 unused,
hence the $18,000 allotment rather than the $150,000 they were seeking. The federal funds, once approved by the
commissioners, will also finance some street resurfacing, home repair
assistance, demolition and two Habitat for Humanity homes, among other projects
and assistance. The funds must be spent to
better low-to-moderate income areas. |
|
Bocephus
MUSA Citizen Joined: Jun 04 2009 Status: Offline Points: 838 |
Post Options
Thanks(0)
|
How could I get enough of this to pay down my mortgage to meet my newest property evaluation? I live in Middletown it should qualify me?
|
|
over the hill
MUSA Citizen Joined: Oct 19 2012 Location: middletown Status: Offline Points: 952 |
Post Options
Thanks(0)
|
Tearing down 2 Habit for Humanity houses? Does this bother any body else?
|
|
409
Prominent MUSA Citizen Joined: Mar 27 2009 Status: Offline Points: 1014 |
Post Options
Thanks(0)
|
Addresses? Why?
|
|
Every morning is the dawn of a new error...
|
|
Perplexed
MUSA Citizen Joined: Apr 22 2009 Status: Offline Points: 315 |
Post Options
Thanks(0)
|
Doesn't the City of Middletown still continue to receive an entitlement formula allocation of $700,000+/- annually in HUD Community Development Block Grant (CDBG) funding? Does Kile Fooks still ride herd on this program for The Dougmeister? Does the City of Middletown still continue to receive an allocation of $400,000+/- annually in HUD Home Investment Partnerships (HOME) funding in consortium with the City of Hamilton? Does NHS of Hamilton now administer the once highly-successful Downpayment and Closing Cost Assistance Program for the City of Middletown. As late as 2006, NHS was approving about six or seven DPA grants for first-time buyers. Most of the first mortgages were via First Financial Bank. Beginning in 2007, DPA Program guidelines were revised thanks to the considerable effort of local real estate professionals, target area residents, local mortgage bankers and new city staff. As late as 2008, nearly 60 new homebuyers were served thanks to this program. Have things been returned to the old "way of doing things" thanks to Dougie and the Fookster? I wonder if First Financial is once again making most of the first mortgages? How much cash does NHS get for "administrative" and origination fees? Go figure.
|
|
John Beagle
MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855 |
Post Options
Thanks(0)
|
Is this true? The bugs me a lot.
|
|
Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
Post Options
Thanks(0)
|
Here is the link to OHIO HUD ASSITANCE DOWNPAYMENT PROGRAMS
http://portal.hud.gov/hudportal/HUD?src=/states/ohio/homeownership/buyingprgms I just don't understand why Adkins would want this $200,000 because very few of these people can qualify for this money. Middletown receives about $650,000 every year in CDBG FUNDS...however...in the past City Hall has not used the majority of these funds in the "areas of greatest need" and that is why the 2nd ward looks like a war zone....shame on City Hall.... |
|
middletownscouter
MUSA Citizen Joined: Oct 11 2010 Location: Sunset Park Status: Offline Points: 501 |
Post Options
Thanks(0)
|
I think you're misreading that sentence from the article:
"The federal funds, once approved by the commissioners, will also finance some street resurfacing, home repair assistance, demolition and two Habitat for Humanity homes, among other projects and assistance." The federal funds will also finance: -Some street resurfacing, -Home repair assistance -Demolition -Two Habitat for Humanity homes -Other projects and assistance I believe the statement there is that funds will be included FOR 2 Habitat for Humanity homes and for demolition, but not for demolition of two H4H homes. |
|
over the hill
MUSA Citizen Joined: Oct 19 2012 Location: middletown Status: Offline Points: 952 |
Post Options
Thanks(1)
|
Thank you, ms for clarifying that point.
|
|
Post Reply | |
Tweet
|
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |
This page was generated in 0.124 seconds.
Copyright ©2024 MiddletownUSA.com | Privacy Statement | Terms of Use | Site by Xponex Media | Advertising Information |