City of Manchester, NH Downtown Economic Revitalization Section 108 Loans CDBG – Economic Development Leon LaFreniere, AICP – Investments in Public Facilities and ADA Access Elise Annunziata Todd Fleming Kerrie Xintaras Elizabeth Lannon-Goodwin Section 108 Loans • $7 Million in section 108 loans, 1999-2008 • Section 108 loans used to renovate and update historically significant buildings along Elm Street. – Some commercial and residential mixed use
Historic Bond (above); Chase (upper left) and Dunlop (lower left) buildings on Elm Street Job Creation/Retention: Façade Improvement, Code Compliance, Revolving Loan Fund
Redevelopment in the Millyard NH Institute of Art – CDBG public facilities; ADA accessibility for student housing Impacts of Entitlement and Grant Dollars (CDBG, HOME, Lead Hazard Demonstration Grants, ESG) • Incentivize Private Investment • Promote Small Business Economy Bringing high tech • Job Creation business to Manchester • National Exposure Enhancing Manchester’s Competitive Relevance • Improved Quality of Life for Manchester’s Citizens!
Housing Rehabilitation/ Manchester Housing Initiatives Lead Hazard Control Program 2000-2014 • 750 Housing Units brought into compliance with Affordable Housing Development minimum housing codes and/or cleared of lead • 908 Affordable Housing Units Developed hazards – 346 HOME Assisted Units • $6,643,111 of HUD Lead Hazard Control • $9,030,659 City HOME Funds Invested Funding Invested • $2,000,000 City Affordable Housing Trust Funds • $700,000 of CDBG Funds Invested Invested • $700,000 of City Affordable Housing Trust • Leveraged several million dollars of additional Funds Invested investment including Low Income Housing Tax Credits Piscataquog River Apartments-150 Units Stella Arms Apartments-66 Units Manchester Housing and Redevelopment Authority/ Anagnost Companies Anagnost Companies HOME Funds Invested: $600,000 HOME Assisted Units: 10 HOME Funds Invested: $432,865 HOME Assisted Units: 10 Total Development Budget: $11,344,484
The Gale Home-37 Units The Brown School-34 Units Manchester Housing and Redevelopment Authority Manchester Housing and Redevelopment Authority HOME Funds Invested: $650,000 HOME Assisted Units: 18 HOME Funds Invested: $650,000 HOME Assisted Units: 10 Total Development Budget: $ 6,358,051 Total Development Budget: $ 5,752,148 85-87 Laurel St. Veterans Housing Projects-3 Units Laurette Sweeney Apartments-61 Units The Way Home Manchester Housing and Redevelopment Authority HOME Funds Invested: $335,893 HOME Assisted Units: 10 HOME Funds Invested: $347,176 HOME Assisted Units: 3 Total Development Budget: $ 10,914,828 Total Development Budget: $ 375,000
Renaissance VII – Straw Mansion-30 Units 110 Pearl Street NeighborWorks Southern New Hampshire Lead Hazard Control Grant Funds Funds Invested: $48,000 Assisted Units: 13 HOME Funds Invested: $450,000 HOME Assisted Units: 10 City of Manchester/ NeighborWorks Southern NH NWSNH Collaboration • Certified Community Housing Development • Relationship established in the early 90’s Organization (CHDO) for the City of Manchester • Affordable Housing Development – 249 Units – $5,044,232 City Investment • Presenters • Housing Rehabilitation Program – Jennifer A. Vadney, Neighborhood Development – 95 Units Manager – $1,036,682 City Investment – Tom Krebs, Neighborhood Development Project • Homeownership Down Payment Assistance Specialist – 95 Units – $1,687,077 City Investment
The Hollow 401 Spruce St./65 Massabesic St. 335-337 Lake Ave.
502 Spruce St. 393-395 Spruce St. Harriman Park – Parking Lot
Harriman Park Old Section of Park Expanded section of park 434 Lake Ave
Looking to the Future – Strategic Neighborhood Plans – Economic Development Initiatives – Housing Opportunities – Walkability – Alternative Transportation – Sustainability Planning for the Future 2010 – 2015 CONSOLIDATED PLAN KEY STRATEGIES: • Healthy Neighborhoods • City Wide Economic Development • Homeownership & Affordable Housing Development • Health and Human Services • Emergency Shelter, Transitional Housing & Strategies for the Homeless • Recreational Opportunities • Infrastructure Improvements • Planning and Public Management • Education & Skills Development
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