HomeMy WebLinkAboutItem 3H: Approval of Funding for CDBG and HOME Programs
ECC
UGENE ITY OUNCIL
AIS
GENDA TEM UMMARY
Approval of 2008/09 Funding Allocations for Federal Community Development Block
Grant, HOME Investment Partnerships and
American Dream Downpayment Initiative Programs
Meeting Date: April 14, 2008 Agenda Item Number: 3H
Department: Planning and Development Staff Contact: Linda Dawson
www.eugene-or.gov Contact Telephone Number: 682-5071
ISSUE STATEMENT
The City Council is asked to approve the use of funds in three Federal programs funded by the U.S.
Department of Housing and Urban Development (HUD). In 2008/09, Eugene will receive a $1,366,201
entitlement grant and $1,125,000 in program income from the Community Development Block Grant
(CDBG) program; $983,079 through the HOME Investment Partnerships Program (HOME), and $7,691
in the American Dream Downpayment Initiative (ADDI) funds.
BACKGROUND
Annually in the spring, the City Council approves funding allocations for Federal HUD grant programs
for the upcoming fiscal year starting on July 1. The City has received CDBG funds since 1975. HOME
funding has been received by the Eugene-Springfield Consortium since 1992, with Eugene receiving
70% of the funds and serving as the lead agency. In 2003, the Eugene-Springfield Consortium began
receiving funding through the ADDI Program. The annual funding allocations, called One-Year Action
Plans, are prepared in the context of the five-year HUD Consolidated Plan. Fiscal Year 2008/09 will be
the fourth year in the Consolidated Plan 2005. The CDBG Advisory Committee advises the Planning
and Development Department on the use of CDBG funds. The Housing Policy Board (HPB) advises the
City Council on the use of HOME and ADDI funds.
Community Development Block Grant (CDBG)
The Community Development Block Grant (CDBG) Advisory Committee conducted a public hearing
on April 1, 2008, on the preliminary recommendation for use of funds. After the public hearing, the
committee considered adding $25,000 to the original $34,000 proposed for improvements at the new
Pearl Buck Center facility instead of funding accessible parking improvements at the Owen Rose
Garden, as originally recommended. After much discussion and two tied votes, the committee members
concluded that they were unable to make a recommendation on the use of those funds. Staff
recommends that the $25,000 be used for improvements at the Pearl Buck Center since timing on the
City’s participation with CDBG funds is critical for this project. Funding for the much needed
improvements at the Owen Rose Garden can be sought in the future.
The CDBG-AC and staff recommend the following use of CDBG funds for 2008/09. The allocation
includes $1,366,201 in new grant funds and $1,125,000 in program income from the housing and
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business loan programs. The amount of new grant dollars represents a 4% cut in CDBG funding from
the previous year. New grant funds are recommended for use as follows.
Landbanking for Low-Income Housing Development
- $ 0. No new funds were requested since a site
is not currently identified for acquisition. The City anticipates receiving program income from the sale
of 20 single-family lots upon completion of the final phase of development at the Walnut Grove
landbanked site. These funds may be used towards acquisition of a new site. Staff continues to seek
acquisition opportunities and, if necessary, will convene the CDBG committee to discuss funding
options in 2008/09, including use of this program income and possible use of other City funds to be
repaid from future CDBG allocations. There are currently four sites in the landbank program for low-
income housing: Willow Creek, County Farm Road, Willakenzie, and Westmoreland.
Housing Rehabilitation
– $0. No new grant funds will be allocated next year. Estimated carryover of
$325,000 will be used in conjunction with the estimated program income amount from loan repayments
of $350,000. The program offers low-interest loans through the City’s Housing Rehabilitation Loan
Program for improvements to residences occupied by low-income homeowners and tenants. Emergency
repair grants and loans of up to $5,000 will be provided to very low-income homeowners for minor
repairs and accessibility features. Grants for accessibility improvements will be made for tenants with
disabilities.
Public Services Operations
- $350,000 in new funds will be used to fund services as selected by the
intergovernmental Human Services Commission (HSC). Public service funding is capped at 15% of
new grant funds and program income from the prior fiscal year. The current allocation maintains
funding consistent with prior years. Agencies to be funded include: Catholic Community Services
family counseling, FOOD for Lane County dinner program and food box distribution, Relief Nursery
therapeutic preschool, St. Vincent DePaul singles and family day-access centers, and White Bird
medical/dental clinics and intensive case management.
Public Services Non-Profit Capital Projects
- $313,701 in new funds will be used to improve five
facilities owned by local non-profit service providers and provide $15,000 in project related costs
including environmental reviews, advertising, printing of bid documents, asbestos/lead based paint
testing, and title-recording fees. Funds can be used for acquisition, new construction, rehabilitation,
accessibility improvements, and weatherization efforts. Projects are selected annually through a Request
for Proposals (RFP) process. Applications are reviewed and funding recommended to the full CDBG
Advisory Committee by a review team comprised of three CDBG-AC members and a community
member with construction expertise. The following projects are recommended:
Relief Nursery
The agency will use $57,000 to replace nine HVAC units in order to upgrade a failing
heating system at the main facility located at 1720 West 25th Avenue. The agency’s mission is to
prevent child abuse and neglect by delivering comprehensive early intervention and family preservation
services to strengthen families, and promote children’s health and their physical, emotional, cognitive,
and social development. The agency serves all of Lane County. Last year Relief Nursery served 663
Eugene families (52% of their client base). They offer respite, parent/child labs, parent education
programs, anger management classes, ESL classes, recovery support activities, parent-teacher
conferences, and family events.
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Sponsors Women’s Program
The agency will use $40,201 for improvements to the failing main sewer
line and gutters, replacing severely deteriorated kitchen flooring, and exterior painting. Five women
th
transitioning from the criminal justice system and their children reside in this house at 767 West 8
Avenue.
ShelterCare Garden Avenue Residence
The agency will use $130,000 to re-configure the kitchen and
dining areas at this residential facility which houses 12 persons with mental illness. Though the cost to
re-configure a kitchen is high, this proposal substantially increases the functionality of the limited space
and will provide better social interaction and meeting space. The house is located at 3692 Hickory in
the Harlow neighborhood.
Head Start at Ross Lane Apartments
The agency will use $37,500 to add a small counseling room to
their day care facility at an affordable housing complex owned by St. Vincent DePaul. The Ross Lane
facility located at 2684 Ross Lane, is the smallest Head Start facility in Lane County. The addition will
provide 120 additional square feet to the existing 800 square foot classroom. The facility provides full-
day/full-year comprehensive services for 16 families in West Eugene. The space also accommodates
five adult workers.
Pearl Buck Center
The agency will use $59,000 for fencing, landscaping, and lighting at their new
st
facility at 3690 West 1 Avenue. The production wing is complete and operational. Improvements in
the independent living program and child care program areas, including the playground, surfacing and
fencing are underway at this time and will make the facility operational. The agency is currently in a
capital campaign and has raised nearly half of the $6 million goal. The agency provides an array of
services, such as vocational training and employment, self care, community integration, and recreation
to adults with developmental disabilities. The agency also provides mentoring services, case
management and a pre-school for clients and their children.
City Capital Projects
– A total of $257,500 will be used on City capital improvements.
Curb Ramps
Since the implementation of Section 504 of the Rehabilitation Act of 1973 and the
subsequent adoption of the Americans with Disabilities Act (ADA), the City of Eugene has had an
ongoing commitment to install and reconstruct accessible curb ramps throughout the City. This program
has traditionally been funded at a level of $50,000 to $75,000 annually. The Six-Year Capital
Improvement Program (CIP), presented to the Budget Committee, assumed that $60,000 in CDBG
funding would continue over the next several years. The $60,000 in CDBG funds will be used to install
curb ramps at city-wide locations.
Accessible Pedestrian Signals (APS)
provide audible and tactile cues to assist pedestrians in making
safe decisions when crossing at intersection crosswalks. This safety concern is paramount to people
who are visually impaired. In 2006-07, the Budget Committee recommended the implementation of an
annual program at the $65,000 level for the system-wide retrofit of Audible Pedestrian Signals, similar
to the ADA curb cut program. The cost for the retrofit of a typical four-legged intersection is estimated
at $6,500 for materials. The committee suggested that possible sources of funding for the $65,000
would include, but not be limited to, CDBG, STP-U, General Capital Projects, and Road Funds. After
evaluating the possible funding sources for 2008/09, CDBG was determined to be the only viable
source. Possible sources will continue to be evaluated each year. $65,000 will be used to install
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accessible pedestrian signals at locations prioritized by the Human Rights Commission Accessibility
Committee.
Kaufman Senior Center Wheelchair Lift
The Kaufman Senior Center has two 20-year-old wheelchair
lifts. Both lifts are outdated and do not comply with current elevator codes. The lifts have proven to be
unreliable and repair parts are no longer available. One lift travels from the ground level to the main
floor of the center. The other lift travels from the ground level to the basement level. A ramp was
recently installed to provide wheelchair access to the main floor, but a reliable wheelchair lift is still
needed to access the basement. The funding will be used to replace the lift that travels to the basement
level. Parts from the removed lift will be salvaged and used to repair the lift to the main floor if and
when the upper lift breaks down. $37,500 in CDBG funds will be used to replace the lower lift.
Soreng Theater Wheelchair Lift
The stage of the Soreng Theater is only accessible to a person in a
wheelchair by way of a freight elevator. A wheelchair lift will be installed at the Hult Center’s Soreng
Theater to provide performers and the public access to the stage. The Soreng Theater is used by many
community groups both for performances, presentations, and recognition events. Some of the regular
community users who will benefit from this improvement include LILA (Lane Independent Living
Alliance), ACT-SO, (a year-long enrichment program for African-American high school students),
Emerald Awards (a Eugene Chamber of Commerce event where audience members are recognized for
contributions to the community), Mobility International,ACE Awards(A Champion in Education) and
regular school tours and public tours of the Hult Center. CDBG funds totaling $70,000 will be used to
install a new lift.
Economic Development
- $775,000 in program income will be used for loans to businesses creating
jobs for low-income persons through the Business Development Fund (BDF) and the Emerging
Business Loan Pool. The BDF is a CDBG revolving loan fund for new and expanding local businesses
that promotes job creation for low and moderate income individuals. The program funds projects unable
to access 100% of financing through conventional lending sources. Matching funds in the form of
private bank loans and/or owner equity is required for BDF eligibility. BDF loans typically cover 25 –
50% of project financing. To maximize program goals, interest rates are below-market and terms are
based on project needs. Although the program is mainly focused on job creation, commercial
revitalization projects that eliminate conditions of slums and blight are also eligible. The Loan Advisory
Committee, a six-member citizen advisory committee, reviews all loan proposals prior to approval.
Loan repayments are restricted to re-lending activity within the revolving fund. To date, the BDF has
loaned over $13.8 million to over 200 businesses, leveraged private investments exceeding $35 million,
and created over 1,040 jobs.
The Emerging Business Loan Pool (EBLP) was established in the late 1980’s as a spin-off program
within the BDF to reach businesses that face extraordinary credit barriers, defined as impediments to
small business formation and expansion that stem from high risk and socio-economic factors, such as
low-income status and cultural differences. The EBLP can provide up to 100% financing for a project.
The CDBG program has targeted 25% of its business lending to occur in the EBLP. During the last five
years, $1,355,000 (43% of BDF disbursements) has been loaned through the EBLP and has helped
create 55 jobs (37% of the total jobs created).
Lane MicroBusiness
will receive $25,000 to provide micro-enterprise business development services
such as training, education, and workshops for Eugene low-income micro-business entrepreneurs.
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Administration
- $420,000 in new funds will be used for project implementation, fair housing
activities, the City’s Central Services allocation, the annual audit, and general program administration.
This is the same amount as the last three annual allocations.
Section 108 Loan Guarantee Program
In July 2006, HUD approved the City’s Section 108 application for funding to create a $9,895,000 loan
pool, together with Brownfield Economic Development Initiative (BEDI) grant funds, for
redevelopment projects within the Downtown and Riverfront urban renewal districts. On February 26,
2007, the City Council approved an ordinance authorizing the use of the HUD Section 108 loan as a
financing tool. The non-emergency ordinance established the City’s general ability to borrow for
Section 108 projects with the stipulation that individual projects be approved by council resolution.
The City received approval for its first individual Section 108 project for the acquisition of downtown
property from the Portland field office in August of 2007. Due to unanticipated changes in the
development financing and plan for the West Broadway redevelopment area, the individual project
application was revised in March 2008. The revised application proposes to utilize a combination of
federal and local funds to support the redevelopment of properties at the heart of downtown, along
Broadway and Willamette Street. Specifically, the City seeks to acquire two properties (four tax lots)
with $3.91 million in Federal Section 108 Loan Guarantee Program funds and $0.99 million in BEDI
grant funds (the Properties). The City will work with Beam Development to remake the important
intersection of Willamette and Broadway into a vital area with restaurants, a mix of national and local
retailers, and office space. The scale of the buildings will entail new construction of a five-story
building and historic rehabilitation of the existing five-story and two-story buildings known as the
Centre Court and Washburne buildings, respectively. The national objective for this first individual
Section 108 project is the elimination of slums and blight.
The City anticipates participation in the Beam project with the use of Section 108/BEDI funds in two
phases. In the first phase (Section 108 Loan #1), the City will acquire the properties. In the second
phase (Section 108 Loan #2), the City anticipates providing a second layer of construction financing to
Beam through a loan of Section 108/BEDI funds.
HOME Investment Partnerships Program/American Dream Downpayment Initiatitve
The Eugene-Springfield Consortium will receive $1,404,399 in Federal HOME Investment Partnerships
Program (HOME) funding in fiscal year 2008/09. These funds will continue to be split 70/30 between
the two jurisdictions; Eugene will receive $983,079 and Springfield will receive $421,320. HOME
funds can be used for acquisition and development of housing affordable to low- and moderate-income
households, rehabilitation, homebuyer programs, rental assistance, support of local Community Housing
Development Organizations (CHDO) and HOME program administration.
In addition to HOME Program funds, the Consortium will receive funding through the American Dream
Downpayment Initiative (ADDI), which was signed into law on December 16, 2003. This program
provides down payment, closing costs, and rehabilitation assistance for first-time homebuyers and will
be administered as part of the HOME Program. In fiscal year 2008/09, the consortium will receive
$10,989, split 70/30 between Eugene and Springfield. This amount is a reduction of $16,208 from last
year’s allocation. Eugene will receive $7,692 and Springfield will receive $3,297.
Staff proposes that HOME funds be divided among three program areas: 1) Housing Development
Programs; 2) Homebuyer Assistance Program (HAP); and 3) CHDO Operating Support. This proposal
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is similar to the allocation of funds in the last fiscal year. In addition to these programs, Eugene staff
anticipates up to $1,000,000 will be available for HOME interim financing. This amount may change
depending upon project timing and overall availability of funds.
Housing Development
– $700,000 in new and carryover funds. Housing Development includes
funding for acquisitions, new development construction, rehabilitation, and project-related soft costs
incurred by the jurisdictions. Funds can be used for rental or home ownership developments. Eugene
awards funds in this category through an annual RFP processes. Eugene’s 2008 Housing RFP was
released in November and proposals were due in February 2008. The Allocations Committee reviewed
the proposals and recommended projects for consideration at a public hearing to be conducted by the
thth
Housing Policy Board on May 5. The item will come to the council on June 5.
Homebuyer Assistance Program (HAP)
– $150,000 in new funds and up to an additional $100,000
based on how much program income is received. Eugene offers up to $10,000 in downpayment
assistance at closing to eligible households seeking to purchase homes. The funds are repaid upon resale
.
of the homeDue to increasing home sale prices, Eugene saw a decline in demand for down payment
assistance in 2006/07 with only 12 loans closing that year. In 2007/08, however, 23 loans were made, in
great part due to the conversion of Westmoreland units to condominiums. Staff continues to actively
seek out opportunities to partner with developers to create more affordable homeownership options. In
these cases, staff recommends increasing the loan amount up to $20,000 when appropriate.
Community Development Housing Organization (CHDO) Operating Funds
– The Consortium may
award up to 5% of new HOME funds for CHDO general operating grants. The total budgeted amount
for this item is $70,000. Eugene’s contribution is $49,000 and Springfield’s contribution is $21,000.
Consortium CHDO operating funds will be split equally between the four active CHDOs: Mainstream
Housing, Inc, Metropolitan Affordable Housing Corporation (Metro), Neighborhood Economic
Development Corporation (NEDCO), and St. Vincent DePaul Society of Lane County, Inc. Each
CHDO will receive $17,500. All CHDO’s must be certified or recertified each year in order to receive
CHDO Operating Funds.
Administration -
$98,308 – The Federal grant management system automatically budgets 10% of new
HOME funds for administration. Eugene will receive 70% of the amount awarded to the Consortium.
RELATED CITY POLICIES
This allocation plan is based on the Consolidated Plan 2005 which guides the use of federal CDBG,
HOME, and ADDI funds through 2010. In order to allocate funds to specific programs or projects,
HUD regulations require a citizen participation process, including advertising and conducting a public
hearing, followed by City Council action.
COUNCIL OPTIONS
The City Council can approve, not approve, or modify the One-Year Action Plan for use of Federal
CDBG, HOME, and ADDI funds for 2008/09.
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CITY MANAGER’S RECOMMENDATION
The City Manager recommends approval of the One-Year Action Plan for use of Federal CDBG,
HOME, and ADDI funds in 2008/09.
SUGGESTED MOTION
Move to approve the One-Year Action Plan for use of Federal CDBG, HOME, and ADDI funds in
2008/09.
ATTACHMENTS
A. CDBG-Five Year Summary of One-Year Action Plans
B. Summary of HOME/ADDI Allocations
C. CDBG Advisory Committee, CDBG Non-profit Capital Project Review Team, and Housing Policy
Board Members Lists
D. History of CDBG Non-Profit Capital Funding
FOR MORE INFORMATION
Staff Contact: Linda Dawson
Telephone: 682-5071
Staff E-Mail: linda.l.dawson@ci.eugene.or.us
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ATTACHMENT A
City of Eugene
CDBG Allocations Summary
Consolidated Plan 2000 Consolidated Plan 2005
2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08
HOUSING
Housing Rehabilitation 173,000 195,000 0 0 0 0 250,000 215,784
Program Income 363,380 395,000 446,000 510,000 450,000 425,000 400,000 450,000
Housing Development 300,000 300,000 100,000 385,400 400,000 0 0 0
Program Income 255,000 200,000
PUBLIC SERVICES
Operations 392,000 395,000 370,000 389,350 389,350 390,000 350,000 350,000
Non-profit Capital Projects 90,000 110,000 250,000 240,000 165,000 246,773 277,978 150,500
Program Income 76,708
CITY CAPITAL PROJECTS
Facilities Access Improvements 125,000 130,000 178,000 159,000 130,530 297,379 50,000
Curb Ramps 50,000 50,000 75,000 60,000 60,000 60,000 60,000
Neighborhood Projects 50,000 42,250 70,000
Neighborhood Matching Grants 21,000 10,000
Neighborhood Parks 10,000 61,000 35,000 140,000 92,000
Accessible Pedestrian Signals 13,000 59,990 65,000
ECONOMIC DEVELOPMENT
Business Loan Program 0 0 200,000 0 0 0 0 215,500
Program Income 584,286 610,000 575,000 518,000 710,000 650,000 625,000 785,000
Micro-enterprise Training 25,000 30,000 35,000 25,000 0 25,000 0 30,000
ADMINISTRATION
Planning & Implementation 370,000 370,000 400,000 412,000 416,120 420,000 420,000 420,000
Total Annual Grant Allocation $1,546,000 $1,603,000 $1,584,000 $1,713,000 $1,666,000 $1,579,152 $1,417,968 $1,415,794
Total Estimated Program Income $947,666 $1,005,000 $1,021,000 $1,028,000 $1,160,000 $1,075,000 $1,356,708 $1,435,000
Prior Years’ Funding $0 $0 $75,000 $15,000 $0 $40,000 $0 $233,000
GRAND TOTAL $2,493,666 $2,608,000 $2,680,000 $2,756,000 $2,826,000 $2,694,152 $2,774,676 $3,083,794
Neighborhood Improvements include: West University Pedestrian Lighting, Bethel Path
Neighborhood Parks Improvements include: Scobert, Monroe, Trainsong, and Acorn Parks
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ATTACHMENT B
City of Eugene
HOME and ADDI Allocations Summary
HOMEProgram New Construction/ CHDO Operating* Administration Downpayment Assistance Total
Acquisition HOME ADDI
2000-01 $812,750 $50,715 $101,430 $50,000 $1,014,300
2001-02 $959,140 $56,420 $112,840 $0 $1,128,400
2002-03 $862,115 $56,595 $113,190 $100,000 $1,131,900
2003-04 $872,915 $57,230 $114,461 $100,000 $56,702 $1,201,308
2004-05 $972,548 $57,209 $114,417 $0 $66,910 $1,211,084
2005-06 $782,795 $54,288 $108,576 $125,000 $38,154 $1,108,813
2006-07 $810,466 $51,170 $102,350 $59,514• $19,037 $1,042,537
2007-08 $655,983• $50,806 $101,619 $207,805• $19,037 $1,035,253
2008-09P $693,462• $49,000 $ 98,308 $142,309• $ 7,692 $ 990,770
ROPOSED
•Supplemented by program income (earned by loan payments) and prior year carryover funds.
*
CHDO=Community Housing Development Organization
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ATTACHMENTC
Committee Membership
CDBG Advisory Committee Members:
Victoria Bosch
Drix
John Fisher
Joel Iboa
Hugh Massengill, Chairperson
Jericho Schwab
Tim Shearer
Rita Svanks
Janet Yood
CDBG Non-profit Capital Project Review Team Members:
Hugh Massengill
Tim Shearer, Chairperson
Terry Webster
Janet Yood
Housing Policy Board Members:
Lane County, Bobby Green At Large:
City of Eugene, Jennifer Solomon Norton Cabell, Chairperson
City of Springfield, Dave Ralston Brita Fischer
Susannah Meininger
Virginia Thompson
John Wagner
John VanLandingham
ATTACHMENTD
History of CDBG Non-profit Capital Funding
10/9/2007
NON-PROFIT AGENCIES FY 86/87 FY95/96 – FY99/00 – FY03/04- FY05/06 FY06/07 FY07/08 TOTAL
– FY94/95 FY98/99 FY02/03 FY04/05 RECEIVED
Alvord-Taylor House 26,500 0 0 0 0 0 0 26,500
American Red Cross 31,500 0 40,000 0 0 0 0 71,500
Birth to Three 0 122,000 0 0 0 0 0 122,000
Catholic Community Services 27,500 0 0 0 91,880 0 0 119,380
Centro LatinoAmericano 131,500 34,000 73,000 0 0 0 0 238,500
Child Advocacy Center 0 0 100,000 0 0 0 0 0
Child Care, Inc. 0 90,000 0 0 0 0 0 90,000
Community Center for the 22,500 0 0 0 0 0 0 22,500
Performing Arts
Easter Seals 18,550 0 15,000 0 0 0 0 33,550
FOOD for Lane County 189,150 0 170,000 0 0 0 0 359,150
Goodwill Industries 0 0 15,000 0 0 0 0 15,000
HACSA/Heeran Center 0 0 0 170,329 0 0 0 0
HeadStart of Lane County 0 0 0 0 0 53,000 0 53,000
HIV Alliance 135,200 5,200 0 53,000 0 69,700 0 193,400
(includes HOPWA grant)
Independent Environments 0 0 0 45,000 0 0 0 45,000
Laurel Hill Center 30,500 0 0 0 0 0 0 30,500
Law & Advocacy Center (Legal Aid) 55,350 0 0 20,681 0 0 0 76,031
Looking Glass 49,200 56,000 24,000 78,840 0 134,308 0 342,348
NEDCO 0 12,000 0 0 0 0 0 12,000
Pearl Buck Center 56,200 25,000 7,500 0 0 0 0 88,700
Relief Nursery 114,500 0 35,500 0 0 0 25,000 175,000
Sexual Assault Support Services 0 30,000 0 0 0 0 0 30,000
Sharehouse 0 20,000 0 0 0 0 0 20,000
ShelterCare 28,450 0 55,000 36,700 124,702 0 0 244,852
Sponsors 19,000 0 10,000 16,966 0 0 0 45,966
St Vincent dePaul 10,000 0 0 200,000 0 0 123,000 333,000
White Bird 230,740 0 30,000 0 0 0 0 230,740
Willamette Family Services, Inc. 164,050 18,000 0 65,456 30,191 97,678 0 375,375
Womenspace 45,000 22,000 0 40,000 40,000 0 0 107,000
YMCA 41,000 0 0 0 0 0 0 41,000
Total Funds Allocated
3,541,992
Note: Cancelled project amounts are highlighted in grey above; funds were reprogrammed to other non-profit projects.