The City of Mansfield is not required to provide the full 25% local matching contribution required by the HOME Program. The City qualified for a match reduction of 50% as provided for in Section 92.222 and as published January 25, 1995 in the Federal Register. Consequently, HOME funds will need only a 12.5% match contribution of $33,125. The matching requirement does not apply to funds used for administrative expenses.

The anticipated sources of required match contribution are available from:

• Real estate taxes waived as part of the Community Reinvestment Area (CRA) target, local governmental fees, assessments and charges associated with the purchase of property;
• The value of any site preparation and construction materials donated to the project, including donated or voluntary labor;
• The cost of investment in on-site and off-site infrastructure the City provides with non-federal funds directly required for and assisting the affordable housing project;
• Non-federal cash contributions;
• The grant equivalent of a below-market interest rate loan to the project that is not repayable to the City's HOME Investment Trust Fund;
• Income received from Rental Rehabilitation Projects, if any.

Contact us:

Community Development Department
30 North Diamond Street
Mansfield, OH 44902

Phone: 419-755-9765
E-mail: cbaker@ci.mansfield.oh.us