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FY 1998 SuperNOFA Guidebook
Economic Development and Empowerment
Program Office: Community Planning and Development Brownfields Economic Development Initiative. BEDI is designed to help cities redevelop abandoned, idled, or underutilized industrial and commercial facilities where expansion or redevelopment is complicated by real or perceived environmental contamination�brownfields. BEDI accomplishes this by providing funding to local governments to be used in conjunction with Section 108 loan guarantees to finance redevelopment of brownfields sites. Eligible activities include:
Funding for BEDI is provided through a specific appropriation for brownfields redevelopment under the authority of the Economic Development Initiative (EDI) program. BEDI funds are intended to be used in a manner consistent with previous iterations of the EDI program, but with a particular emphasis upon the redevelopment of brownfields sites. Many of the brownfields activities are also eligible for Community Development Block Grant funding, which is awarded to entitlement communities on a formula basis and to States for distribution to nonentitlement communities. Program Office: Community Planning and Development Youthbuild. Youthbuild is designed to help young high school dropouts obtain education, employment skills, and meaningful work experience to help them obtain well-paying jobs and achieve self-sufficiency. Youthbuild provides funding to nonprofits, State and local housing agencies, State and local governments, and other organizations eligible to provide education and employment training under Federal employment training programs. The funding is used to implement housing construction/rehabilitation training programs for very low-income high school dropouts age 16 to 24. Youthbuild programs offer educational and job training services, counseling and other support activities, and on-site paid training in housing rehabilitation or construction work. At least 50 percent of each participant�s time is spent in on-site training. Program Office: Community Planning and Development Economic Development and Supportive Services. ED/SS is designed to help families in public and Indian housing move to work and achieve self-sufficiency. It accomplishes this by providing funding to public housing agencies, Indian tribes, and tribally designated housing entities to support self-sufficiency activities among residents and promote independent living for the elderly and people with disabilities. ED/SS funds a broad range of activities including: Family Economic Development and Supportive Services:
Supportive Services for Elderly and Persons with Disabilities:
Program Office: Public and Indian Housing Tenant Opportunity Program. TOP is designed to help public housing residents improve their lives through training for self-sufficiency, strengthening resident organizations, and encouraging partnerships with the public housing agency and community organizations. TOP accomplishes this goal by providing funding in one of the following three grant categories: 1) Economic Self-Sufficiency; 2) Organizational Development; and 3) Mediation. Economic Self-Sufficiency Grants will be awarded to Public Housing Resident Associations (RAs) which will provide educational, job, business, and life skills training leading to self-sufficiency and welfare-to-work transitions. Organizational Development Grants will be awarded to RAs who do not yet have the capacity to administer a welfare-to-work program. Mediation Grants will be awarded to Intermediary Organizations that partner with professional mediators to resolve conflicts involving resident groups at specific sites. Activities funded by TOP include:
Program Office: Public and Indian Housing Portfolio Reengineering Outreach and Training Program. The purpose of the Portfolio Outreach and Training Program is to provide an opportunity for those affected by portfolio reengineering of Federal Housing Administration-insured housing projects to participate effectively and on a timely basis in the restructuring process. The program funds tenant groups, community-based nonprofit organizations, and public entities with experience in resident education and organizing to conduct citywide and community-wide outreach and training for residents in Portfolio Reengineering-eligible projects. Program Office: Housing Secondary Market Nonconforming Loans Demonstration. The purpose of the Secondary Market Nonconforming Loans Demonstration is to enhance opportunities for homeownership by low-income borrowers by expanding the purchase of nonconforming home loans by the secondary market and other institutional investors. This program was still being designed at the time of publication. One example of an activity that the program might support is funding nonprofit Community Development Financial Institutions (CDFIs) which will use the funding to capitalize loan loss pools. These pools would be used by CDFIs to support their purchase of nonconforming home loans to low-income borrowers from participating commercial lenders. Activities other than this may be integrated into the final program design. Program Office: Housing
28 Ibid.
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![]() | Content Archived: July 19, 2012 | |
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