U.S. Housing and Urban Development<\/strong> has supported CHRIC’s program in the past. She said CHRIC would retain an additional $500 per recipient for administrative costs.<\/p>\nThe $225,000 would provide $4,000 to an estimated 50 low-to moderate-income first time homebuyers between 2023 and 2026.<\/p>\n
Surdyk said the homebuyers would use the funds as gap funding, “It helps with down payment and closing costs. It also requires its participants to participate in a program that lasts over, I believe, nine weeks. They learn all of the basics of being a homeowner, responsibilities that they have as a homeowner.”<\/p>\n
Surdyk said homebuyers sign an anti-speculation agreement that they won’t sell their home for five years, or risk having to pay back funding they’ve received.<\/p>\n
She said there is about $1 million total in unexpended HOME funds. City Deputy Director of Housing Policy and Development Kasie Foulk<\/strong> said the Department of Development<\/strong> just learned that Community Development Block Grant<\/strong> (CDBG<\/strong>) and HOME monies not expended in previous years could have the action plans amended to reallocate the funds for existing or new programs.<\/p>\n","protected":false},"excerpt":{"rendered":"A public hearing has been held on reallocating $225,000 in previous years HOME program funds to a First Time Homebuyers Assistance Program. Jamestown Director of Development Crystal Surdyk said funds allocated in the 2018, 2019, 2020, and 2021 Annual Action Plans had not been fully spent in those years and an amendment to those action […]<\/p>\n","protected":false},"author":22,"featured_media":51931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[11093,11094,7049,548,6631,13347,1031,1131,13348,12606],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2023\/05\/Surdyk-Public-Hearing-5-15-23.jpg?fit=537%2C442&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-dvA","jetpack-related-posts":[{"id":52081,"url":"https:\/\/www.wrfalp.com\/city-council-approves-reallocating-225000-in-unexpended-home-program-funds-to-homebuyers-assistance-program\/","url_meta":{"origin":51930,"position":0},"title":"City Council Approves Reallocating $225,000 in Unexpended HOME Program Funds to Homebuyers Assistance Program","date":"May 24, 2023","format":false,"excerpt":"Jamestown City Council has approved reallocating $225,000 in previous years HOME program funds to a First Time Homebuyers Assistance Program. The Annual Action plans for 2018, 2019, 2020, and 2021 had funds not fully expended, which Jamestown Director of Development Crystal Surdyk said the city could access through the amendment\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2023\/05\/City-Council-5-22-23.jpg?fit=1000%2C750&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":43053,"url":"https:\/\/www.wrfalp.com\/community-input-on-cdbg-home-plan-to-include-walking-tours\/","url_meta":{"origin":51930,"position":1},"title":"Community Input on CDBG\/HOME Plan To Include Walking Tours","date":"March 9, 2022","format":false,"excerpt":"The community's opportunity to give input on the annual Community Development Block Grant and HOME funds plan will be expanded this year. Jamestown Director of Development Crystal Surdyk said they plan to hold walking tours in each ward in addition to the two usual public input meetings, \"We're still working\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/03\/Surdyk-Housing-Committee.jpg?fit=700%2C525&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":41499,"url":"https:\/\/www.wrfalp.com\/public-hearing-set-for-3-projects-requesting-over-900k-in-cdbg-covid-funds\/","url_meta":{"origin":51930,"position":2},"title":"Public Hearing Set for 3 Projects Requesting Over $900k in CDBG-COVID Funds","date":"December 9, 2021","format":false,"excerpt":"A public hearing has been set for three Jamestown projects that have applied for almost a million dollars in Community Development Block Grant funds due to COVID. New York Homes and Community Renewal is awarding $60 million dollars in Coronavirus Aid, Relief, and Economic Security Act (CARES) funds to help\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2021\/12\/Housing-Committee.jpg?fit=510%2C303&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":29499,"url":"https:\/\/www.wrfalp.com\/city-to-host-two-public-input-sessions-to-help-develop-plan-for-federal-community-development-funds\/","url_meta":{"origin":51930,"position":3},"title":"City to Host Two Public Input Sessions to Help Develop Plan for Federal Community Development Funds","date":"April 5, 2019","format":false,"excerpt":"JAMESTOWN - Residents in Jamestown are being invited to attend a series of two Public Workshops to solicit input on the city's 2019 Community Development Block Grant (CDBG) and HOME Program Action Plans. The first Public Workshop will be held from 6 to 7:30 p.m. on Tuesday, April 9 at\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/04\/CDBG.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":43360,"url":"https:\/\/www.wrfalp.com\/neighborhood-public-input-jamestown-cdbg-home\/","url_meta":{"origin":51930,"position":4},"title":"Neighborhood Public Input Sessions on Jamestown’s CDBG\/HOME Action Plan Begins March 26","date":"March 25, 2022","format":false,"excerpt":"The City of Jamestown will begin a series of neighborhood workshops this weekend to gather input for its Annual Action Plan. Director of Development Crystal Surdyk said the Annual Action Plan is required by the U.S. Department of Housing and Urban Development, or HUD, for how the city plans to\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2022\/03\/JURA-Annual-Action-Plan.png?fit=1200%2C941&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35465,"url":"https:\/\/www.wrfalp.com\/jamestown-announces-workshops-input-sessions-for-five-year-housing-and-urban-development-plan\/","url_meta":{"origin":51930,"position":5},"title":"Jamestown Announces Workshops, Input Sessions for Five-Year Housing and Urban Development Plan","date":"August 27, 2020","format":false,"excerpt":"JAMESTOWN - The Jamestown Department of Development is seeking public input and expertise as it drafts the City\u2019s Jamestown Five Year United States Department of Housing and Urban Development (HUD) Consolidated Plan and Annual 2021 Action Plan. \u201cWe are committed to spending plans that are built through public participation and\u2026","rel":"","context":"In "Local News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2014\/08\/JamestownSeal.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/51930"}],"collection":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/comments?post=51930"}],"version-history":[{"count":1,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/51930\/revisions"}],"predecessor-version":[{"id":51932,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/51930\/revisions\/51932"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media\/51931"}],"wp:attachment":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media?parent=51930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/categories?post=51930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/tags?post=51930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}