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2. Gap financing for rental development projects <br />• This is a program to provide HOME funding to developers/owners to incorporate <br />affordable units into their buildings. <br />• Status: Despite many conversations with building owners and developers, the <br />City has not yet identified an interested partner for this. <br />• Challenges: federal requirements, HUD fair market rents, construction, financing <br />and maintenance costs. <br />3. Non -Profit partnerships <br />• The City has partnered with EDEN and Lakewood Community Service Center to <br />help landlords seeking participation in the Rental Restoration Program to have <br />easy access to income qualifying tenants. <br />• The City is also optimistic about potential partnership with Cleveland Housing <br />Network, which has recently expanded to incorporate Neighborhood Housing <br />Services. A meeting is planned for October 28h. <br />4. Home ownership opportunities for low and mod income households <br />• Ms. Leigh listed the recent properties that the City has acquired and re -sold to <br />income -eligible buyers. The Committee discussed the process by which the City <br />acquires these properties and process for rehabilitating them. Ms. Leigh explained <br />that many have been vacant and in tax foreclosure. They come to the City's <br />attention through the nuisance process, neighbors, Lakewood Alive, and other <br />means. About 20-30 homes have been acquired, rehabbed, and sold through this <br />process in the past ten years. Ms. Leigh will send a detailed list of these <br />properties. <br />5. New affordable home construction <br />• Two new single-family homes are planned for construction in 2020 at 17450 <br />Shaw & 12311 Plover. Ms. Leigh described the timeline and the process for these <br />properties and explained that Planning may come before Council to seek approval <br />for a design -build contract. <br />6. Connect property owners to resources and incentives <br />• Ms. Leigh described all the different types of outreach the City has performed to <br />communicate about the Rental Restoration Program and other affordable housing <br />initiatives. Methods include direct mail, water bill messages, social media, and <br />others. The Planning Department staff expressed enthusiasm about a new program <br />pending approval by the County to deliver energy efficiency improvements to <br />residents. The program has proven effective on the commercial side. <br />7. Outreach & Advocacy to HUD by Administration and City Council <br />• Planning Department staff explained that they have met four times with CMHA in <br />pursuit of partnering on Building inspections in order to make the process more <br />streamlined for Lakewood landlords. CMHA will be putting out an RFP and the <br />City is considering submitting a proposal. The Department really wants to figure <br />