Housing and Economic Recovery Act
Neighborhood Stabilization Program
Round Table Discussion
Date: January 9, 2008
Time: 1:00 p.m. – 3:00 p.m.
Place: Cal Poly Pomona
3801 W. Temple Ave.
Bldg. 89-A (behind Bldg. 89)
Pomona, CA 91768
Mercy Housing is requesting your presence to attend a round-table discussion to focus on the Neighborhood Stabilization Program. Appropriation of the total $3.92 Billion nationwide, with an expeditious time-frame of 18-months for allocation, coupled with coupled economic trends necessitates a swift collaborative, strategic and comprehensive approach to address the foreclosure and abandonment needs of their individual communities.
During this round-table discussion, we would appreciate input on your jurisdictions and neighborhoods which are experiencing foreclosure blight, declining property values, vacancy, vandalism and/or other negative economic scenarios. This sharing of information and ideas will be informative to all attendees. Please present your ideas on how our team can address the issues and create positive, measurable impacts.
Mercy Housing, Inc. and its subsidiary Mercy Portfolio services, Inc., are providing this opportunity because our mission includes a focus on the stabilization of communities. Mercy Portfolio Services, Inc, (MPS) was created by Mercy Housing, Inc., a 26 year old organization which develops, owns, and operates for rent single family units and multi-family units throughout key markets in the United States, as well as developing or rehabbing for sale single family housing. MPS has created a model in which various NSP Grantees are establishing and utilizing a non-affiliated 501(c)(3) organization as an Asset Control Entity (ACE) for deployment of the NSP grant funds. ACE acquires its services and skill sets from MPS's local, regional, and national staff. We deliver a wide-variety of processes and associations to formulate sustainable and measurable solutions for the various local NSP strategies. In addition, utilizing MPS, allows for the local and regional housing resources to be better leveraged for communities to achieve positive and focused local impacts.
Please view the attached 2 documents with maps and directions to Cal Poly Pomona. Take the 10 freeway and exit on Kellogg Drive. For parking, please go to the Visitor's Information Booth and obtain a parking pass for $5. Please note: without a parking pass, you will be ticketed. The meeting place is in building 89-A, behind building 89, on the corner of Eucalyptus Lane and Citrus Lane.
Please RSVP with the names of those persons from your organization who will be attending. A detailed agenda will be sent separately.
RSVP to: Rachel Couvrey
Mercy Housing, Inc.
Telephone Number: (213) 743-5820
Email: rcouvrey@mercyhousing.org
Take Action on on redevelopment and help protect housing funds now!
In continuing efforts to increase access to supportive housing for high utilizers of public health resources, and maximize the efficient use of scarce public resources, City and County Departments issued the first collaborative Notice of Funding Availability (NOFA) last month.
