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A c qui sit ion / R e 1 0 cat ion Services HANDS purchased a total of 20 homes this year, all requiring major correction of code deficiencies. Some were purchased for the Lincoln Life Improved Housing rehabilitat ion pro gram, and s 0 mew ere severely flood damaged homes in the Fairmount Place NSA. The Fairmount Place homes ~ere subsequ~ntly demolished. To persons displaced due to the Fairmount Place acquisition, HANDS provLded relocation counseling and financial assistance. Eleven households were successfully relocated from Fairmount Place to other parts of the City. Housing Acquisition Rehabilitation Transaction (HART) HART provides mortgage loans for bot h ~ '; pur c has e and r e h a b i - litation of properties in the target areas. Loans are provided in cooperation with the Federal National Mortgage Association arid Fort Wayne National Bank, and are 30-year mortgages at below-market interest 'rates. Twenty-two ci ty' homes were purchased and rehabilitated as a result of HART. Housing Counseling HANDS operates the only Housing Counseling agency in northeastern Indiana approved by the Department of Housing and Urban Development (HUD). Funded by a grant from HUD and CDBG funds, the program assists and educates low to m,oderate income families in understanding the' demands and responsibilities o~ home-ownership. While counseling i~ largely. concentrated in the area of mortgage default, HANDS also counsels homeowners on rehabilitation, maintenance, consumerism, home purchasing and energy conservation. The HANDS program was able to help 5% of all homeowners in danger of mortgage default, which falls well within HUD' s unofficial 1-0% to 27% National Comparative success rate. Miscellaneous Programs In a -neighborhood clean-up drive, HANDS allocated $8,000 top r 0 v ide gar bag e tr u c k s , trash bags, and gloves to neighborhood 'associations willing to spend a day cleaning up alleys and vacant lots. Eight associations spent a total of 17 days cleaning up their neighborhoods. Thi sis another hi ghimpact program with little investment. Five homes in target areas were awarded free to their new owners under the Urban Homesteading Program. If the new owners rehabilitate the property and meet other legal r. e qui rem e n t s, the h 0 use s are theirs after 5 years. Warm Fuzzy, the well known weatherization mascot, visited all local elementary schools along with 'numerous day care centers to execute and e,ncourage the awareness of energy conservation to children in our community. The Fuzzy was also a participant of the Youth Theatre at the Performing Arts Center.
Object Description
Title | Annual report (1984) |
Creator | Fort Wayne (Ind.). Division of Community Development & Planning |
Topic | Economic Development |
Subject |
Fort Wayne (Ind.). Division of Community Development & Planning--Periodicals City planning--Indiana--Fort Wayne--Periodicals |
Geographical Coverage | Fort Wayne, Indiana |
Date of Original | 1984 |
Time Period | 1900-1999 |
Source | Print version: Fort Wayne (Ind.). Division of Community Development & Planning. Annual report. 1984 ed. (Fort Wayne, Ind.: CDP, 1984), 23 p. |
Additional Availability | Print version might be available at IPFW Helmke Library. See online catalog. |
Relation | Continues: Fort Wayne (Ind.). Dept. of Community Development and Planning. Annual report; Continued by Fort Wayne (Ind.). Division of Community Development & Planning. Community Development & Planning annual report |
Rights | Copyright Indiana University-Purdue University Fort Wayne, 2006- . All rights reserved. May not be reproduced without permission. For information regarding reproduction and use see: http://cdm16776.contentdm.oclc.org/cdm/about/collection/p16776coll1/ |
Date Digitally Created | May 07 2012 |
Digital Publisher | Walter E. Helmke Library, Indiana University-Purdue University Fort Wayne |
Digitization Specifications | This pdf file was derived from a 400 dpi, 1-bit, uncompressed TIFF images that were scanned from the originals using a Fujitsu M4097D scanner with Adobe Acrobat 9.0 Professional scanning software, black and white configuration. |
Content Type | Text |
Digital Format | text/pdf |
Collection | Fort Wayne Area Government Information |
Identifier | 30000094599655 |
File Name | 30000094599655.pdf |
Description
Title | Page 18 |
Transcript | A c qui sit ion / R e 1 0 cat ion Services HANDS purchased a total of 20 homes this year, all requiring major correction of code deficiencies. Some were purchased for the Lincoln Life Improved Housing rehabilitat ion pro gram, and s 0 mew ere severely flood damaged homes in the Fairmount Place NSA. The Fairmount Place homes ~ere subsequ~ntly demolished. To persons displaced due to the Fairmount Place acquisition, HANDS provLded relocation counseling and financial assistance. Eleven households were successfully relocated from Fairmount Place to other parts of the City. Housing Acquisition Rehabilitation Transaction (HART) HART provides mortgage loans for bot h ~ '; pur c has e and r e h a b i - litation of properties in the target areas. Loans are provided in cooperation with the Federal National Mortgage Association arid Fort Wayne National Bank, and are 30-year mortgages at below-market interest 'rates. Twenty-two ci ty' homes were purchased and rehabilitated as a result of HART. Housing Counseling HANDS operates the only Housing Counseling agency in northeastern Indiana approved by the Department of Housing and Urban Development (HUD). Funded by a grant from HUD and CDBG funds, the program assists and educates low to m,oderate income families in understanding the' demands and responsibilities o~ home-ownership. While counseling i~ largely. concentrated in the area of mortgage default, HANDS also counsels homeowners on rehabilitation, maintenance, consumerism, home purchasing and energy conservation. The HANDS program was able to help 5% of all homeowners in danger of mortgage default, which falls well within HUD' s unofficial 1-0% to 27% National Comparative success rate. Miscellaneous Programs In a -neighborhood clean-up drive, HANDS allocated $8,000 top r 0 v ide gar bag e tr u c k s , trash bags, and gloves to neighborhood 'associations willing to spend a day cleaning up alleys and vacant lots. Eight associations spent a total of 17 days cleaning up their neighborhoods. Thi sis another hi ghimpact program with little investment. Five homes in target areas were awarded free to their new owners under the Urban Homesteading Program. If the new owners rehabilitate the property and meet other legal r. e qui rem e n t s, the h 0 use s are theirs after 5 years. Warm Fuzzy, the well known weatherization mascot, visited all local elementary schools along with 'numerous day care centers to execute and e,ncourage the awareness of energy conservation to children in our community. The Fuzzy was also a participant of the Youth Theatre at the Performing Arts Center. |