R2002-108 ENDORSING THE SUBMISSION OF AN APPLICATION

Home Browse Search

V CONSISTENCY WITH ANNUAL PLAN (CONSOLIDATED PLAN) NEAR NORTH REVITALIZATION The primary object of our community development program as stated in the Consolidated Plan is the development of viable urban communities, including decent housing and a suitable living environment and expanding economic opportunities, principally for persons of low and moderate income. Consistent with the primary objective, the revitalization of the Near North area represents a large scale, multi-faceted renewal project benefiting low and moderate income persons within our community. Undertaking this project creates public-private partnerships as well as strong working relationships among local government business groups and neighborhoods. This large scale renewal project consists of five major components: 1) Market Perception Management, 2) Housing Opportunity, 3) Promotion of Self Efficiency and Family Development, 4) Development of Neighborhood Services and New Commercial Development, 5) Fostering Business Development/Job Creation. MARKET PERCEPTION MANAGEMENT Market perceptions of this neighborhood will be enhanced by applying Crime Prevention Through Environmental Design (CPTED) principles. In addition a positive image will be fostered by shaping attitudes through public education, increased police presence, neighborhood policing and an on-going investment in public infrastructure. The streetscape project identified in our Consolidated Plan contains the resources to achieve shaping attitudes and public perceptions by providing lighting, sidewalks, trees and aesthetics to enhance the image and public perception of the neighborhood. HOUSING OPPORTUNITY New housing opportunities will be created by constructing new affordable single family and mutli-family homes in the neighborhood and relocation of safe, sanitary, decent units based on a redevelopment plan. Altering attitudes through public education regarding Longview Place and exploring the long term feasibility of Longview Place as a mixed income housing development, will achieve another objective identified in or Consolidated Plan of reducing the isolation of income groups within the community and promoting an increase in the diversity and vitality of this neighborhood. The combination of Market Perception and Housing Opportunities offered through the Near North Revitalization project eliminates slums and blight, prevents blighting influences and the deterioration of property and attracts persons of higher income. All of these criteria are included in our Consolidated Plan. PROMOTION OF SELF SUFFICIENCY AND FAMILY DEVELOPMENT Proposed Section 108 Loan Application Page 9 06/11/02