Audubon Park Neighborhood Action Plan Summary (SU-7 P2)

Neighborhood Action Plan Summary - Phase II

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Audubon Park
Strategy
Plan Funds
Plan
Total
Additional NRP Funds
NRP
Total
-
Citation
Strategy Name
Early
Access
Action
Plan
Phase I
Rollover
Reserve
Funds
Program
Income
Plan
Funds for
Housing
Mod #s
Affecting
Strategy

1. HOUSING

1.1.A.1. Housing Programs Investment Fund $407,940.00 $407,940.00 $115,000.00 $623,011.19 $1,145,951.19 $407,940.00 1,2,3,5,7

1.1.A.2. Housing Program Income

2. PARKS AND ENVIRONMENT

2.1.A.1. Parks and Environment Investment Fund $60,000.00 $60,000.00 $2,800.00 $25,520.85 $88,320.85 4,5,6,7

2.1.A.2. Directed Police Patrols (COPSIRF) $6,240.73 $6,240.73

3. COMMERCIAL

3.1.A.1. Commercial Property Improvement Fund $62,922.00 $62,922.00 $256.80 $63,178.80 6,7

3.2.1. Establish a Community Market $51.24 $51.24 7

4. ADMINISTRATION

4.1.A.1a. Phase II Plan Development $10,500.00 $10,500.00 $10,500.00 $8,085.00

4.1.A.1b. Administrative Support $89,500.00 $89,500.00 $19,667.66 $70,000.00 $179,167.66 $68,915.00 4,7,8

TOTAL $10,500.00 $620,362.00 $630,862.00 $137,467.66 $6,240.73 $718,840.08 $1,493,410.47 $484,940.00

Phase II Plan Allocation Available in First Three Years (80%)	$630,862.00
Phase II Plan Allocation Percentage for Housing	77%
Phase II Affordable Housing Reserve Fund $
Phase II Community-Oriented Public Safety Initiatives Reserve Fund $	$6,240.73
** On March 22, 2004, the NRP Policy Board adopted a policy that requires each neighborhood to limit its Phase II Neighborhood Action Plan obligations to no more than 80% of their neighborhood allocation during the first three years following approval of its Action Plan.

PLAN MODIFICATIONS
No.	Plan Step Modified	Approved	Description
1	Full Action Plan	06/06/08	The NRP Director approved a modification to the plan to revise the wording of Housing Programs Investment Fund (Housing 1.A.1.) to allow for $22,800 of the funds allocated through this strategy to be used for a neighborhood housing coordinator.
2	Full Action Plan	12/29/08	The NRP Director approved a modification to the plan to allow for Phase I funds originally designated for Hollywood Theatre Revitalization to be reallocated to Housing Programs Investment Fund (Housing 1.A.1.). The approval of this plan modification results in the reallocation of $115,000 in Phase I funds to Housing Programs Investment Fund (Housing 1.A.1.). (This is Phase I Plan Modification #16 and Phase II Plan Modification #2.)
3	Full Action Plan	03/25/11	The NRP Director approved a modification to the plan to revise the wording of Housing Programs Investment Fund (Housing 1.A.1.) to allow for an architectural assistance program.
4	Full Action Plan	07/26/11	The NRP Director approved a modification to the plan to reallocate a total of $12,030.08 of Phase I funds to the following Phase II strategies: (1) $2,800 to Parks and Environment Investment Fund (Parks and Environment 1.A.1.); and (2) $9,230.08 to Administrative Support (Administration 1.A.1.). (This is Phase I Plan Modification #18 and Phase II Plan Modification #4.)
5	Full Action Plan	10/09/14	The NCR Director approved a modification to the plan to reallocate $22,837.35 in Program Income from Housing Programs Investment Fund (Housing 1.A.1.) to Parks and Environment Investment Fund (Parks and Environment 1.A.1.).
6	Full Action Plan	05/06/16	The NCR Director approved a modification to the plan to reallocate $10,000 from Commercial Property Improvement Fund (Commercial 1.A.1.) to Parks and Environment Investment Fund (Parks and Environment 1.A.1.).
7	Full Action Plan	07/11/22	The NCR Interim Director approved a modification to the plan to reallocate $72,991.54 in Program Income from Housing Programs Investment Fund (Housing 1.A.1.) to the following strategies: (1) $2,683.50 in Program Income to Parks and Environment Investment Fund (Parks and Environment 1.A.1.); (2) $256.80 in Program Income to Commercial Property Improvement Fund (Commercial 1.A.1.); (3) $51.24 in Program Income to a new Phase II strategy rolled-forward from the Phase I Plan, Establish a Community Market (Commercial 2.1.); and (4) $70,000 in Program Income to Administrative Support (Administration 1.A.1.).
8	Full Action Plan	01/12/24	The NCR Director approved a modification to the plan to reallocate $10,437.58 in Phase I funds to Phase II strategy, Administrative Support (Administration 1.A.1.). (This is Phase I Plan Modification #19 and Phase II Plan Modification #8.)

Audubon Park Neighborhood Action Plan Summary (SU-7 P2) run on 10/13/2024 at 1:08 PM