Overview of the 5 Proposals for NRP Phase II

Overview of the Five Proposals for Phase II of the NRP

On February 8, 2000, the NRP Policy Board presented the following five proposals to the public at a City-Wide meeting held at the Whittier Neighborhood Center . The Policy Board used the input from the meeting along with input from four NRP-sponsored community meetings to develop two hybrid Phase II Program Operation Options. The proposals below offer some insight into the Phase II planning process. However, the five proposals are no longer being considered by the Policy Board.

Proposal A: Continue Phase I
Neighborhoods, through their NRP plans, prioritize how all Phase II program funds are spent.

Proposal B: Hold Back a Portion of Neighborhoods' Funds Until Housing Requirement is Assured
Neighborhoods, through their NRP plans, prioritize how all Phase II program funds are spent. However, a portion of each neighborhood's allocation that is not spent on housing activities is held back until it is clear that the Program's statutory Housing Requirement will be met. A method for the timing and release of held back funds will be determined later this spring.

Proposal C: Provide Incentives for Community or Citywide Priorities
Neighborhoods, through their NRP plans, prioritize how all Phase II program funds are spent. Incentives are built into the Program to encourage neighborhoods to address community or citywide priorities. These incentives will be determined later this spring.

Proposal D: Reserve Some NRP Funds for Citywide Priorities of Affordable Housing and Commercial Corridors
Neighborhoods, through their NRP plans, prioritize how the majority of Phase II program funds are spent. 25-40% of the program's Phase II funds are reserved for the citywide priorities of affordable housing and commercial corridors. A neighborhood/Policy Board process for distributing the reserved funds will be determined later this spring. Priority will be given to an individual neighborhood or groups of neighborhoods who want to supplement their NRP plan allocations that are directed to these citywide priorities with some of the reserved funds.

Proposal E: Reserve Substantial NRP Funds for Affordable Housing
Neighborhoods, through their NRP plans, prioritize how a portion of Phase II program funds are spent. 40-60% of the program's Phase II funds are reserved for the citywide priority of affordable housing. A neighborhood/Policy Board process for distributing the reserved funds will be determined in the second part of Phase II planning. Priority will be given to an individual neighborhood or groups of neighborhoods who want to supplement their NRP plan allocations directed to these citywide priorities with some of the reserved funds.

Click here if you would like to view the entire "Presentation of Five Proposals for NRP Phase II for Review and Comment" document that was distributed at the February 8, 2000 Citywide Community Meeting. You will need a copy of Acrobat Reader to view this document.