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HomeMy WebLinkAbout1994-013-01/18/1994-AFFORDABLE HOUSING PROJECT CDBG FUNDS NEIGHBOR-TO-NEIGHBOR INC ROSE TREE VILLAGE APARTMENTS SHIELDS RESOLUTION 94-13 OF THE COUNCIL OF THE CITY OF FORT COLLINS SUPPORTING THE ROSE TREE VILLAGE APARTMENTS AFFORDABLE HOUSING PROJECT WHEREAS, on May 18, 1993, the City Council formally adopted the FY 1993-94 Community Development Block Grant (CDBG) Program; and WHEREAS, one of the projects funded pursuant to the CDBG was the Neighbor- to-Neighbor, Inc./Shields Street Corporation Affordable Rental Housing Project known as the Rose Tree Village Apartments; and WHEREAS, on August 3, 1993, the City Council created an Affordable Housing Board to address the concerns of the City regarding the shortage of affordable housing and to stimulate the development of affordable housing; and WHEREAS, the City Council desires to assist private developers and nonprofit agencies in the creation and expansion of affordable housing opportunities and support services to enhance the quality of life of lower income people; and WHEREAS, on December 7, 1993, the City Council adopted the Comprehensive Housing Affordable Strategy, which identifies housing needs and integrates the proposed use of both public and private resources into a single housing plan; and WHEREAS, on December 13, 1993, the Planning and Zoning Board approved the Final PUD Plan for the Rose Tree Village at Cunningham Corner PUD; and WHERE AS, the Rose Tree Village Apartments Affordable Housing Project addresses several of the priorities of the Comprehensive Housing Affordable Strategy and has been determined by the Council to be in the best interests of the citizens of the City. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Rose Tree Village Apartments Affordable Housing Project is desirable for the citizens of the City in creating and expanding the supply of affordable housing opportunities and support services to enhance the quality of life of lower income people in the City and that the Council supports said Rose Tree Village Apartments Affordable Housing Project. Passed and adopted at a regular meeting of the C it of the of fort Collins held this 18th day of January, A.D. 1994 Mayor ATTEST: City Clerk