Loading...
HomeMy WebLinkAbout2005-056-05/17/2005-APPROVING THE FISCAL YEAR 2005 HOME INVESTMENT PARTNERSHIPS PROGRAM FOR THE CITY OF FORT COLLINS RESOLUTION 2005-056 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE FISCAL YEAR 2005 HOME INVESTMENT PARTNERSHIPS PROGRAM FOR THE CITY OF FORT COLLINS WHEREAS, the purpose of the Home Investment Partnership (HOME) Program is to increase the supply of decent, safe, and affordable housing in the City of Fort Collins for an extended period of time; and WHEREAS, the City's Consolidated Plan identifies the following priorities for housing related needs: (1) stimulate housing production for very low, low and moderate income households, (2) increase home ownership opportunities for very low, low and moderate income households, and (3) increase the supply of public housing for families and those with special needs; and WHEREAS, specific projects for the use of HOME funds will be determined in November as a result of the fall funding cycle of the competitive process for the allocation of the City's financial resources to affordable housing programs/projects and community development activities. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the administration is authorized to submit the FY 2005 Home Investment Partnerships Program application as follows: Administration $ 68,188 Housing Projects $511,411 CHDO Set-Aside $102,282 Total $681,881 Passed and adopted at a regular meeting of e Council of the City of Fort Collins held this 17th day of May A.D. 2005. 66 r Mayo ATTEST: City Clerk