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Community Reinvestment: One-Year Review of Initiatives and Progress

This comprehensive review by Amy Carbajal examines the impact of community reinvestment efforts over the past year. It highlights the performance of key programs, including the Community Development Block Grant (CDBG), the HOME Initiative Partnership, and the Neighborhood Stabilization Program (NSP). Additionally, it assesses the Homelessness Prevention and Rapid Re-Housing Program (HPRP) and its effectiveness in combating homelessness. Insights from this review aim to inform future strategies for enhancing community development and support.

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Community Reinvestment: One-Year Review of Initiatives and Progress

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  1. Community Reinvestment

    One Year Review Amy Carbajal
  2. Elements of the Position Community Development Block Grant (CDBG) HOME Initiative Partnership (HOME) Neighborhood Stabilization Program 1 and 3 (NSP) Homelessness Prevention and Rapid Re-Housing Program (HPRP) Community Development Block Grant – Recovery Act (CDBGR) Real Estate Redevelopment Miscellaneous: Home for Good; Historic Columbus Foundation; Economic Development; Mayor’s Commission on Unity, Diversity and Prosperity; Functional Assessment Team
  3. Entitlement Programs Community Development Block Grant Recovery Act (CDBGR) – Complete and Closed Homelessness Prevention and Rapid Re-Housing Program – Complete and Closed CDBG Improvements Open Activities – approximately 70 dating back to 2003 Implemented New Monitoring for Subrecipients– created schedule to catch up on all required annual monitoring visits Implemented new monthly reporting and reimbursement schedule; each report is reviewed for policy and financial compliance Implemented new activity closeout procedures Implemented new application review and selection process with CDAC
  4. Entitlement Programs HOME Program Improvements Open activities – over 100 in Jan, 2012. Today 1 activity Completed and closed old “problem” activities Monitoring and inspections – implemented new schedule and brought required inspections current Challenges: $500,000 funding cut, eliminated a position Necessary changes to accommodate lack of staff and funding Homeowner Rehab and Project Care waiting list Downpayment Assistance maximum award
  5. Real Estate Real Estate Division Assistance to Other Departments Fire Department Sheriff’s Department Police Department Police Academy Acquisitions 7 Liberty District Purchases, 5 under contract Wade Street Apartments 3 First Avenue properties Leases 12th Street Parking Lot Employee Clinic Site Veterans’ Court/Mental Health Court/Adult Felony Drug Court Surplus Properties Update/Inventory Update and Overhaul
  6. Redevelopment Currently working to develop the following economic development incentive programs Opportunity Zone Urban Service District Redevelopment District Provided Technical Assistance Mayor’s Real Estate Investment Initiative Commission Mayor’s Neighborhood Stabilization Program Land Bank Authority – 6 In Rem Foreclosures, 1 Non-Judicial Foreclosure Booker T. Washington Redevelopment Second Avenue, High Uptown, Bibb City Enterprise Zone
  7. Miscellaneous Home for Good: Ten Year Plan implementation, Steering Committee, Executive Committee Historic Columbus Foundation: ex-officio member of Board and Preservation Committee Economic Development Opportunities for the City Mayor’s Commission on Unity, Diversity and Prosperity Black Heritage Trail Signs Functional Assessment Team: Golf Authority
  8. Questions?
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