R2002-108 ENDORSING THE SUBMISSION OF AN APPLICATION

Home Browse Search

III NATIONAL OBJECTIVES The National Objective targeted by the Near North Redevelopment Plan is Benefit to Low and Moderate Income persons. There are four sub categories for this national objective, all of which apply to the Near North Redevelopment Plan as described below: Low and Moderate Income Area Benefit An area benefit activity is one which is available to benefit all residents of an area which is primarily residential. The activity must meet the identified needs of the Low and Moderate income persons residing in an area where at least 51% of the residents are Low and Moderate income persons. The benefits of this type of activity are available to all residents of the area regardless of income. Low and Moderate Income Limited Clientele A Low and Moderate income limited clientele activity is one which provides benefits to a specific group of persons rather than everyone in an area. At least 51% of the beneficiaries of the activity must be Low and Moderate income persons. To qualify, the activity must meet one of the following tests: • Exclusively benefit a clientele who are generally presumed by HUD to be principally Low and Moderate income persons, or • Require information on family size and income so that it is evident that at least 51% of the clientele are persons whose family income does not exceed the Low and Moderate income limit, or • Be of such nature and in such location that it may reasonably be concluded that the activity's clientele will be primarily Low and Moderate income persons, or • Be an activity that serves to remove material or architectural barriers to the mobility or accessibility of elderly persons or of adults meeting the Bureau of Census' Current Population Reports definition of "severely disabled," and meeting all other related restrictions, or � Be a micro enterprise assistance activity carried out in accordance with the provisions of 24 CFR 570.201(0) with respect to those owners of micro enterprises and persons developing micro enterprises assisted under this activity during each program year who are Low and Moderate income persons, or • Be an activity designed to provide job training and placement and/or other employment support services, including, but not limited to, peer support programs, counseling, child care, transportation, and other similar services, in which the percentage of Low and Moderate income persons assisted is less than 51% which qualifies under the limited clientele national objective in situations where such training or provision of supportive services assists I businesses, and the only use of CDBG assistance received by the business is Proposed Section 108 Loan Application Page 6 06/11/02