This notice advises the public of the fund availability, competitions criteria, alternative requirements, and the waivers of regulations granted to recipients under an allocation of funds provided under the American Reinvestment and Recovery Act of 2009 (Public Law 111-005)(Recovery Act ) for additional activities under Division B, Title III of the Housing and Economic Recovery Act of 2008 (Public Law 110-289)(HERA), as amended, for the purpose of assisting in the redevelopment of abandoned and foreclosed homes under the Emergency Assistance for Redevelopment of Abandoned and Foreclosed Homes heading, referred to throughout this notice as the Neighborhood Stabilization Program (NSP). As described in the Supplementary Information section of this notice, HUD is authorized by statute to specify waivers and alternative requirements for this purpose. This notice also notes statutory issues affecting program design and implementation. In line with the above American Reinvestment and Recovery Act of 2009, Hi-Tech Charities is seeking written comments from the general public regarding its intension to seek funding under the provisions of this Act, to perform the following foreclosure activities in St. Louis and Wellston. If HTC is successful in competing and winning an award, the organization will: (1) establish financing mechanisms for purchase and redevelopment of foreclosed upon homes and residential properties, including such mechanisms as soft-seconds, loan loss reserves, and shared-equity loans for low- and moderate-income homebuyers, (2) purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed upon, in order to sell, rent, or redevelop such homes and properties, (3) establish land banks for homes and residential properties that have been foreclosed upon, (4) demolish blighted structure, (5) redevelop demolished or vacant properties as housing. A minimum of 300 abandoned or foreclosed units will be put back to productive use or otherwise eliminate or mitigate their negative effects on the stability of the St. Louis and Wellston neighborhoods. HTC has used the Select Census Tracts of St. Louis below (developed from HUD NSP2 Need Factor website), to identify the specific geographic areas that qualify for this program, showing the census tracts, the foreclosure score, the vacancy score, the maximum score, and the name of the specific neighborhood in St. Louis, Missouri State.

Select Census Tracts of St. Louis, Missouri

 

No	Census Tract	Foreclosure Score	Vacancy Score	Max Score	Neighborhood
1	1062	20	18	20	Hillsdale
2	1064	19	20	20	Union Blvd.
3	1065	20	20	20	Sherman Park
4	1066	19	20	20	Page Blvd.
5	1067	19	20	20	Kingshighway North
6	1067	19	20	20	Kingsway East
7	1075	20	20	20	Mark Twain
8	1077	20	20	20	Twian
9	1096	19	20	20	O'Fallon Park
10	1097	19	20	20	Near  North River Front
11	1101	19	20	20	Natural Bridge Ave.
12	1102	20	20	20	Red Bud/Lee Ave.
13	1103	19	20	20	Greater Ville
14	1103	19	20	20	Greater Ville, South
15	1104	19	20	20	Natural  Bridge/N. Vanderventer Ave.
16	1105	20	20	20	Fairground  Park
17	1111	19	20	20	Vanderventer
18	1112	19	20	20	Dr. Martin Luther King Dr.
19	1063	20	20	20	Goodfellow
20	1113	19	20	20	The Ville
21		20	20	20
22	1114	19	20	20	N. Vanderventer Ave.
23	1115	20	20	20	N. Grand Blvd.
24	1123	19	20	20	West End
25	1174	15	20	20	Tower Groves
26		20	20	20
27	1186	14	20	20	West End
28	1231	16	20	20	Tower Groves, East
29	2139	19	20	20	Wellston
30	1267	19	20	20	Hyde Park

Given that the Notice of Fund Availability (NOFA) indicates that the Need Factor website “will remain available for continued use in exploring and determining areas of greatest need for NSP1 and NSP2,” additional qualifying tracts may be added to achieve more unified concentrated development as practical conditions dictate. All the qualified census tracts are grouped into two major categories: the first tier priority development neighborhoods category and the second tier general development neighborhood category. The first tier priority development neighborhoods are Wellston Empowerment Zone, North St. Louis, Hamilton Heights, Hillsdale, Wells Goodfellow, Kingsway East, Kingsway West, Old North St. Louis, Academy, Vandeventer, Lewis Place, Fountain Park, Covenant Blu-Grand Center, Penrose, Greater Ville, Ville, St. Louis Place, West End, Near River Front, College Hill, Fairground, and O’Fallon. The second tier general development neighborhoods are Natural Bridge/N. Vanderventer, Dr. Martin Luther King Dr., Mark Twain, McRee Town, Shaw Garden and Southwest Garden neighborhoods, Forest Park Southeast, Carondelet, Dutchtown, Marine Villa, Mount Pleasant, Tower Groves, Benton Park West, and Gravios Park. Both neighborhoods in first tier and those in second tier is bounded in the East by the Mississippi River that separates this area from East St. Louis in Illinois, bounded in the West St. Charles County, in the South by Jefferson County, and North by North County.