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HomeMy WebLinkAbout1995-039-03/21/1995-COLORADO DIVISION OF HOUSING HOME PROGRAM LARIMER HOME IMPROVEMENT RESOLUTION 95-39 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO EXECUTE AN APPLICATION TO REQUEST FUNDING FOR THE NEXT FISCAL YEAR FROM THE COLORADO DIVISION OF HOUSING FOR THE LARIMER HOME IMPROVEMENT PROGRAM WHEREAS,by the adoption of Resolution 94-43, the Council of the City of Fort Collins determined that it is in the best interest of the citizens of the City to participate in the Latimer Home Improvement Program("the Program") with the City of Loveland and Latimer County and authorized an intergovernmental agreement regarding the administration of the Program; and WHEREAS, the Colorado Division of Housing has offered the Cities of Fort Collins and Loveland,Latimer County, and the Fort Collins and Loveland Housing Authorities the opportunity to request a grant in the approximate sum of$350,000, utilizing Colorado Small Cities Community Development Block Grant funds and Federal HOME Program funds for an ongoing, County-wide housing rehabilitation program under the Program; and WHEREAS, the receipt of this grant would enable the City to better preserve its existing housing stock and would provide housing rehabilitation loans to low income households that would otherwise be able to afford major home repairs. NOW, THEREFORE, BE IT RESOLVED BY COUNCIL OF THE CITY OF FORT COLLINS as follows: That the Mayor be, and hereby is, authorized to execute an application requesting funding for the Fiscal Year 1995-96 from the Colorado Division of Housing for the ongoing, County-wide Latimer Home Improvement Program (LHIP). Passed and adopted at a regular meeting of the Council of t of Fort Collins held this 21st day of March, 1995. Mayor ATTEST: .� City Clerk